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By 2028, Demand for Global Frozen Bakery Products Market Size to Surpass USD 30615.3 Million, at a 5.7% CAGR: Industry Trends, Share, Value, Analysis & Forecast Report by Facts & Factors

01-02-2023 02:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

Frozen Bakery Products Market

Frozen Bakery Products Market

The global frozen bakery products market was worth around USD 21,952.8 million in 2021 and is estimated to grow to about USD 30,615.3 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.7% over the forecast period. The report analyzes the frozen bakery products market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the frozen bakery products market.

Frozen bakery products have seen a rise in demand in the wake of changing consumer trends and this has driven the market potential in the past. The frozen bakery products market is expected to rise at a steady CAGR over the forecast period owing to rising demand from the growing working population across the world. An especially increasing number of working women will drive up the sales of frozen bakery products through 2028.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/frozen-bakery-products-market

Frozen bakery products are pretty much directly available to consume and hence fill the need for nutrition without having to spend much time on it and this factor is boost its demand. Population across the world has seen an increase in demand for convenience and packaged foods that don't require much time to cook.

However, the high cost of equipment to produce frozen bakery products is expected to have a restraining effect on the frozen bakery products market potential in the long run. Frozen bakery products equipment companies will be focusing on developing more affordable equipment to boost sales and increase revenue potential. Frozen bakery product manufacturers will be able to extend their profits by investing in this affordable equipment over the forecast period.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/frozen-bakery-products-market

The pandemic of 2020 resulted in a drop in frozen bakery product sales and this was due to the spread of coronavirus infections that led to lockdowns. Strict lockdowns were imposed in multiple nations that hampered the production and sales of frozen bakery products as multiple production facilities were shuttered and multiple sales channels such as mall stores etc., were also closed to avoid the spread of infections.

The frozen bakery products market is expected to rise at a steady pace in the post-pandemic era owing to the lifting of lockdown restrictions and the resumption of world activity to a normal stance. Increasing disposable income will also prove to benefit the frozen bakery products market potential over the forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/frozen-bakery-products-market

Key players functioning in the global frozen bakery products market include Dawn Food Products Inc., EUROPASTRY, Lantmannen Unibake, ARYZTA AG, General Mills Inc, Conagra Brands Inc., Grupo Bimbo, Cole's Quality Foods Inc, Bridgford Foods Corporation, Associated British Foods plc

Recent developments:

In December 2020, Dawn Foods a multinational name in the bakery industry announced divesting of its frozen manufacturing business in North America into Rise Baking Group which will solely focus on developing bakery ingredients for the digital future.

The global frozen bakery products market is segmented as follows:

By Category

Gluten-Free
Conventional

By Product Type

Bread and Rolls
Cakes and Pastries
Cookies and Biscuits
Others

By End-Use

Food Service
Food Retail

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/frozen-bakery-products-market

By Region

North America
The U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Reunion
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America

๐‘๐„๐€๐ƒ ๐Œ๐Ž๐‘๐„ ๐‘๐„๐‹๐€๐“๐„๐ƒ ๐‘๐„๐๐Ž๐‘๐“ @

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https://www.linkedin.com/pulse/pos-terminal-market-size-share-trends-analysis-report-patrica-hutson

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Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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