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COVID-19 Impact on Frozen Bakery Products Market, Global Research Reports 2020-2025 | Alpha Baking Company, Inc., Aryzta Ag, Associated British Foods Plc, Barilla Holdings Spa, Bridgford Foods Corporation

09-22-2020 03:34 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The global frozen bakery products market was valued at USD 16543.47 million in 2017 and is expected to register a CAGR of 8.0% during the forecast period (2018 - 2023). The intra-industry competitiveness is high and affects the market. The consumer demand is however, affected by the quality and health concerns. Growing food service market has encouraged the growing consumer demand for frozen bakery products.

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The prominent players in the global Frozen Bakery Products market are:  

Alpha Baking Company, Inc., Aryzta Ag, Associated British Foods Plc, Barilla Holdings Spa, Bridgford Foods Corporation, Conagra Brands, Inc., Custom Foods, Inc., Europastry, Europastry, S.A., General Mills, Inc., Grupo Bimbo, Kellogg Company

Report Coverage

Demand for Convenience in Bakery products

The convenience factor associated with frozen bakery products is also complemented by on-the-go snacking trend. The food service sector has been rapidly diversifying their product portfolio to include ready to bake and ready to thaw frozen baked goods. The demand for such convenient foods has been increasing from rapidly emerging cafes, restaurants, in-store bakeries and coffee shops that typically procure frozen baked goods and thaw or bake it to provide instant delicacies.

The rise of specialty frozen baked goods is complemented by the healthy offerings associated with it. Baking establishments are increasingly providing specialty baked goods that are gluten free, dairy free, peanut free, and soy protein free in order to access and capture health conscious consumer segment. The microbiological spoilage of frozen baked goods by molds, yeast, and bacteria leads to consumers opting for safer alternatives in fresh baked goods. The quality and health conscious consumers are inclining towards for fresh baked delicacies and artisanal bakers in order to experience the indulgence.

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Key Developments in the Market

-December 2017: Europastry will have expanded its presence on Ulabox and Foodinthebox, two online sales platforms aimed at end customers.

-November 2017: General Mills manufactured baking mixes and frozen baked goods with no artificial flavors or colors for its Gold Medal and Pillsbury brands

-January 2017: Grupo Bimbo acquired frozen bakery brand Panattiere.

Furthermore, Global Frozen Bakery Products Market following points are involved along with a detailed study of each point: –

─Manufacture Analysis — Generation of this Global Frozen Bakery Products Industry is tested about applications, types, and regions with price analysis of players that are covered.

─Sales & Revenue Assessment — Revenue, sales are planned for this Frozen Bakery Products market, including with various essentials along yet another facet is assessed in this section for foremost regions.

─Supply and Effectiveness — In continuation using earnings, this section studies consumption, and global Frozen Bakery Products market. This area also sheds light on the variance between ingestion and distribution. Export and Frozen Bakery Products significance data are provided in this part.

─Competitors — In this section, key players have been studied depending on product portfolio, their Frozen Bakery Products market company profile, volume, price, price, and earnings.

─Investigations and Analysis — Frozen Bakery Products market analysis aside from business, the information, and supply, contact information from manufacturers, consumers and providers can also be presented. Additionally, a feasibility study to asset and SWOT analysis for endeavors have been contained.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact US:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com

irfan@marketinsightsreports.com

Contact US:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com

irfan@marketinsightsreports.com

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