What are the factors contributing in Frozen Bakery Market growth? Grupo Bimbo, Comapan S.A, Vandemoortele, Aryzta AG, BredenMaster S.A., CSM Bakery Solutions, Weston Foods

An analysis of Frozen Bakery Market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

Expansion in convenience stores, hypermarkets & supermarkets and other bakery chains are other key driving factors for global frozen bakery market in coming years. For instance, In Mexico, these distribution channels makes over 60% of the entire bakery product retail sales in 2017. Grocery retailers are the most preferred distribution channels in Mexico as the one-stop shops are the consumer preference where they can buy all their household products. This will further boost the frozen bakery market in developing economies by 2024.

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Growing demand for healthy and convenient baked products will bolster the entire frozen bakery market in the forecast spell. In most of the developing nations, bakery product manufacturers are reformulating their bakery product lines & modifying their product packaging, claiming to address the consumers’ health concerns. The sector continues to see dynamic growth owing to change in consumer preferences towards the healthier food options that have longer shelf life & various nutritional benefits such as high fiber content, less fat & sugar, etc. Above mentioned trends will spur the entire frozen bakery market in forecast period.

A significant level of energy is utilized during activities like freezing process, cold storage and product distribution. Cold chain logistics is a critical aspect of the frozen bakery market as it allows to extend the shelf life of perishable products like dairy, bakery & confectionery, dough etc. and transport them to various locations. Fluctuating electricity cost across the worldcould significantly deter the growth of global frozen bakery market in future.

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Global frozen bakery market is segmented on the basis of product as ready-to-prove, ready-to-bake, and fully baked. Ready-to-bake has the highest market share in terms of volume as well as revenue owing to its huge demand in the HORECA, bakery chains, supermarkets and hypermarkets end-use industries. This segment will show a positive growth with more than 5% CAGR from 2018 to 2024.

Chapters covered under this report:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Global Frozen Bakery Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.4. Innovation & sustainability
3.5. Industry impact forces
3.6. Regulatory landscape
3.7. Growth potential analysis
3.8. Competitive landscape, 2017
3.9. Porter’s analysis
3.10. Price trends
3.11. PESTEL analysis
Chapter 4. Global Frozen Bakery Market, By Recipe
Chapter 5. Global Frozen Bakery Market, By Product
Chapter 6. Global Frozen Bakery Market, By End-User
Chapter 7. Global Frozen Bakery Market, By Region
Chapter 8. Company Profiles

Frozen bakery market is segregated into five major end-user which include convenience stores, hyper markets & super markets, artisan bakers, hotels, restaurants and catering (HORECA) and bakery chains. Hyper market & super market will register highest CAGR owing to the shift of retail industry from the unorganized to the organized sector in most emerging countries.

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North America holds a significant share in global frozen bakery market and will register over 5.5% CAGR by 2024. Substantial consumption of bakery products such as breads, bagels, donuts, cookies, pastries, cakes, etc. in catering and quick service restaurants segment will signify the regional demand over the forecast years. Asia Pacific will capture more than a third of the entire frozen bakery market by 2024, driven by the growing regional population coupled with surge in demand for ready to eat products from younger generation.

Grupo Bimbo, Comapan S.A, Vandemoortele, Aryzta AG, BredenMaster S.A., CSM Bakery Solutions, Weston Foods are some of the crucial players in global frozen bakery market.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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