Press release
Frozen Pastries Market is expected to increase at a CAGR of 5.9% over the estimated period
Frozen Pastries Market
PMR examines the global frozen pastries market in its upcoming report titled, "Frozen pastries Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2024". The market is foreseen to expand at a compound annual growth rate of 5.9% in terms of value over 2024.
Request the sample copy of report @https://www.persistencemarketresearch.com/samples/13606
Report Highlights: Key Market Drivers
• The impressive shelf life of frozen pastry products is playing a vital role in developing the supply-side for such products.
• The convenience offered by frozen pastries is pivotal to market growth based on demand-side.
• Frozen pastry products are proving to be much more economical for retail eatery chains and fast food restaurants. These products last longer than normal conventional pastry items, thus, restaurant owners bare fewer losses from spoilage and contaminations.
• Increasing demand for sugar-free frozen pastries is also expected to be a key factor in driving the overall market growth in the near future.
• Since freezing the pastries locks-in the product's properties, it thereby prevents nutrient or texture loss for a prolonged duration.
Market Restraints
The PMR report further delivers key insights on factors restraining the market growth such as quality challenges, the role of regulations, upcoming alternate products and effect of price fluctuations.
Market Opportunities
Increasing demand for premium frozen pastry products has greatly influenced the popularity of specialty frozen pastries amongst consumers. Specialty frozen pastries are mostly handmade and are baked using premium quality ingredients.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/13606
Market Overview
Based on product type, the market is bifurcated into viennoiserie and Danish products. Demand for viennoiserie type pastry products is expected to remain relatively higher than Danish type pastry products throughout the assessment period. In addition, the consumption of frozen pastries of both the types has grown to a significant extent in recent years, with plant and filled croissants products witnessing a considerable rise in demand. Increasing demand for pastries worldwide is driving the frozen pastries market.
The plain and filled croissant products are leading with maximum market share and are expected to grow further over the next couple of years. This is primarily attributed to the incessantly high consumption in Europe and their recent growth in popularity in new regional markets.
Based on distribution channels, the hypermarket/supermarket segment occupies lion's share of the market. In 2016, the segment was valued at around US$ 785.9 Million and is expected to increase at over 6% CAGR to reach US$ 1,299.1 Million by 2024-end. The development of in-store bakeries or bakeries within supermarkets/hypermarkets has emerged as a prominent growth factor for the market. Whereas, the artisan bakers is anticipated remain as the second largest segment of the market. The segment is particularly gaining traction in parts of Europe and North America.
Regional Outlook
North America, Latin America and Asia Pacific are anticipated to witness the robust growth of the market between 2016 and 2024. Despite holding a relatively smaller market size, Asia Pacific is expected to gain substantial market share due to increasing demand from countries such as Australia, New Zealand (ANZ) and Japan.
Since most of these products originated from several Western European countries, Europe is expected to command for nearly 62.3% revenue share of the market during the forecast period. Likewise, growing popularity of frozen pastry products in developing countries is expected to create a host of new opportunities for leading players in the market.
Competitive Dashboard
Key players operating in the global market for frozen pastries include Gourmand, Delifrance, F.B.F. S.p.A, Wolf ButterBack, Lantmännen Unibake UK Limited, LBP (UK) Ltd, Le Bon Croissant, and La Danoiserie Corp.
Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/13606
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Frozen Pastries Market is expected to increase at a CAGR of 5.9% over the estimated period here
News-ID: 2843079 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Frozen
Frozen Food Market (2020 to 2026) - Global Industry Analysis, Size, Share, Growt …
The Global Frozen Food market is anticipated to reach the market valuation of US$ 320.06 billion by 2026 growing with a CAGR of 4.6% during the forecasted period (2020-2026) from US$ 232.42 billion in 2019. In reality, families that include frozen foods in their daily routine can have a better quality of diet. There are plenty of chances to find anything you want with so many options in the frozen…
Frozen Food Market: By Type Frozen Ready-To-Eat Meals, Frozen Meat and Poultry, …
Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing). The freezing…
Global Frozen Potatoes Market Research Report 2019 by types | Frozen Chips, Froz …
Frozen Potatoes Market
The report provides a global analysis of Frozen Potatoes Market data from 2019 to 2025. The report reveals the overview, chain structure, and illustrate the industry’s current situation, evaluate global market volume/share. The market report studies key player’s Profiles/Analysis, product insights, regional analysis insights, product types, and product application insights. The market has been qualified based on a comprehensive market analysis with inputs from industry experts.
Have Questions? Request a…
Frozen Finger Chips (Frozen French Fries) Market
https://www.qandqmarketresearch.com/reports/7031292/frozen-finger-chips-frozen-french-fries-market-107
This report studies the global market size of Frozen Finger Chips Frozen French Fries in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Frozen Finger Chips Frozen French Fries in these regions.
This research report categorizes the global Frozen Finger Chips Frozen French Fries market by players/brands, region, type and application. This report also studies the global…
Frozen Bakery Additives Market Demand, Trends, Opportunities, Challenges, Revenu …
Frozen Bakery additives market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acidity regulators market for global, Europe, North America,…
Global Frozen Meat Market - Frozen Beef and Frozen Chicken Top-selling Products …
In order to study the various trends and patterns prevailing in the overall market for Frozen Meat, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Frozen Meat Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise…
