North America Frozen Bakery Products Market Size to Reach US$ 9,299.63 million by 2028

The frozen bakery products market in North America is expected to grow from US$ 6,978.61 million in 2021 to US$ 9,299.63 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028.

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The North America frozen bakery products market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The widespread trend of socializing in cafes among urban millennials and the youngest segment of the population is accelerating the growth of the chained foodservice industry, which is growing the market for frozen bakery products. Further, cafes and restaurants have emerged as a comfortable and convenient spot for families, millennials, and working young professionals to relax and socialize, thereby propelling the growth of the market. In addition, rapid infrastructure development in emerging economies, such as new airports and expressways, has created opportunities for numerous foodservice outlets and coffee chains to open new outlets. Owing to this, the increasing preference of consumers for fast food, frozen food, and other ready-to-eat (RTE) food items such as breads and rolls, pizza and pizza crust, cakes and pastries, and cookies and biscuits is driving the demand for frozen bakery products.

In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of frozen bakery products manufacturing activities. Downfall in other food & beverages producing sectors has subsequently impacted the demand for frozen bakery products during the early months of 2020. Moreover, decline in the overall bakery products producing activities has led to the discontinuation of frozen bakery products manufacturing projects, thereby reducing the demand for frozen bakery products. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

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Company Profiles:
• Dawn Food Products, Inc.
• Europastry, S.A
• Lantmannen Unibake
• Grupo Bimbo S.A.B. de C.V
• Aryzta Ag
• General Mills, Inc.
• Cole's Quality Foods Inc.
• Conagra Brands, Inc.
• Associated British Food Plc.
• Bridgford Foods Corporation

Key Market Segments:
Based on product type, the bread and rolls segment accounted for the largest share of the North America frozen bakery products market in 2020. Based on category, the conventional segment held a larger market share of the North America frozen bakery products market in 2020. Based on end-use, the food service segment held a larger market share of the North America frozen bakery products market in 2020. The food service includes businesses, institutions, and companies responsible for preparing any meal outside the home. The food service industry includes quick-service restaurants, full-service restaurants, schools, and cafeterias. The prominent players in the food service industry use frozen bakery products for making food items and for selling purposes. The restaurants also supply frozen bakery products to retail stores and earn profits. Frozen bakery products such as cakes & pastries, pizza crust, donuts, and cookies have always been in demand in quick service and cafe menus. The use of frozen bakery products in restaurants and cafés justifies the prices for value-focused consumers by emphasizing on the quality of frozen bakery products. The customers can easily walk in restaurants and cafes to purchase frozen bakery products as per the menu, along with the experience of being in a premium restaurant, café, or a hotel.

North America Frozen Bakery Products market- By Product Type:
1. Breads and Rolls
2. Pizza and Pizza Crust
3. Cakes and Pastries
4. Cookies and Biscuits
5. Others

North America Frozen Bakery Products market-by Category
• Gluten-free
• Conventional

North America Frozen Bakery Products Market -By End-Use
1. Foodservice
2. Food Retail

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