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Frozen Pastries Market By Segmentations, Key Company Profiles and Demand Forecasts to 2027

02-11-2021 07:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Frozen Pastries Market

Frozen Pastries Market

Frozen pastries are confectionery products that undergo refrigeration before preparation. They have longer shelf-life with a rich source of nutrition and are also available in different flavors. Honey is a key ingredient that is used in frozen pastry as it helps in extending the shelf-life of the pastries. They are gaining more popularity among the population due to expanding retail channel especially online stores that enable easy access to both manufacturer and customer to sell and buy pastries. Frozen pastries are ideal food for people who have a busy lifestyle as these products save cooking time and effort.

The global frozen pastries market is projected to reach around US$ 3.3 billion by the end of 2027, in terms of revenue, growing at CAGR of 6.1% during the forecast period (2019-2027).

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The global frozen pastries market has witnessed significant growth in recent past year, owing to the rising demand for flavored frozen pastries among consumers. Based on product type, the global frozen pastries market is bifurcated in Viennoiserie products and Danish products. The Viennoiserie product is anticipated to be fastest-growing segment over the forecast timeframe, owing to the growing popularity for convenient foods and ready to bake foods among consumers. This scenario is estimated to foster the market growth in forecast timeframe.

Based on distribution channel, the global frozen pastries market is segmented into hypermarket & supermarket, artisan bakers, convenience stores, online and others. Among these segments, the hypermarket & supermarket dominated the global frozen pastries market in 2018, owing to the growing demand for frozen pastries such as plain croissants and pains aux raisins from Hypermarket & Supermarket. Furthermore, the growing consumer preference for freshly baked products is expected to boost the market growth of global frozen pastries market in forecast period.

Furthermore, Europe dominated the global frozen pastries market in 2018, owing to the rising disposable income, the demand for western-style foods and urbanization in this region. As a result, this scenario is estimated to foster the growth of global frozen pastries market in forecast timeframe.

Market Taxonomy

Global Frozen Pastries, By Product Type:
Viennoiserie Products
Plain & Filled Croissants
Pain Au Chocolate
Pain aux Raisins
Savoury Items

Danish Products
Maple Pecans
Danish Crowns
Cinnamon Swirls

Global Frozen Pastries, By Distribution Channel:
Artisan bakers
Hypermarket & Supermarket
Convenience Store
Online
Others

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Key companies covered as a part of this study includes Gourmand, Delifrance, F.B.F. S.p.A, Wolf ButterBack, Lantmännen Unibake UK Limited.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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