Press release
Frozen Bakery Products Market Size, Share, Industry Growing Rapidly with Recent Demand, Trends, Development, Revenue by 2025
Frozen bakery products market includes bread, cakes, pastries, and donuts, which are derived from corn, rice, wheat, barley, oats, and rye. The consumption of these sources being used as the raw materials for bakery product varies across the world. These are rich in nutrition and taste, exhibit comparatively longer shelf life, and are convenient to use, which drive the demand for these products in the market. Frozen bakery products are usually sold in various stores, cafes, and restaurants. The overall key parameters responsible for the growth of the market, signifies positive signs for frozen bakery products market forecast.LIMITED-TIME OFFER - Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/checkout-final/f23a840b69ad51ba95c03abba2a62174
The global frozen bakery products market was valued at $33,870 million in 2017 and is projected to reach $49,118 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025.
The frozen bakery product manufacturers and research institutions are investing heavily for R&D to introduce new products that cater to the varying needs and requirements of its target customers. This is considered to be one of the influential factors in having positive impact on global frozen bakery products market forecast. Asia-Pacific countries such as China, India, and others are the potential markets for the frozen bakery products market.
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The key players profiled in this report include General Mills (Pillsburry), Aryzta AG, Grupo Bimbo S.A.B. de C.V., Europastry, S.A., Lantmannen Unibake International, Associated British Foods plc, Flower Foods Inc., TreeHouse Foods, Inc., Dawn Foods Products Inc., and Vandemoortele NV.
Key findings of the Frozen Bakery Products Market:
In 2017, based on product type, the bread segment accounted for around 34% of the frozen bakery products market share, growing at a CAGR of 5.0% from 2018 to 2025.
In 2017, the pizza crust segment accounted for around 22% of the market share, growing at a CAGR of 5.3% from 2018 to 2025.
In 2017, based on source, the rye segment accounted for 34% of the market share and is expected to growth at the highest CAGR of 4.0%.
In 2017, the barley segment has occupied around 29% of the market share and is expected to growth at the highest CAGR of 4.8%.
In 2017, based on end use, the food service segment accounted for 39% of the market share and is expected to growth at the highest CAGR of 4.9%.
In 2017, the food processing segment has occupied around 33% of the market shareand is expected to growth at the highest CAGR of 4.3%.
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