Press release
Frozen Bakery Products Market 2023: Key players Analysis, Future Trends and Report Forecast 2028 | Kellogg Company, Lantmännen, TreeHouse Foods Inc. and Vandemoortele.
Frozen Bakery Products Market
The global frozen bakery products market size reached US$ 29.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
What is Frozen Bakery Products?
Frozen bakery products encompass pre-baked or partially baked goods that are stored at low temperatures to prolong shelf life and enhance convenience. This category includes an array of items like bread, pastries, cakes, muffins, and doughnuts. These products are crafted from a mix of ingredients, including flour, sugar, eggs, fats, and fortified with additives and preservatives to maintain quality throughout the freezing and thawing process. Businesses, ranging from cafes and restaurants to convenience stores, utilize these products to manage inventory efficiently, curtail storage expenses, and minimize wastage. With their convenient nature and diverse offerings, the global demand for frozen bakery products is on the rise.
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Global Industry Trends and Drivers:
The surging consumer demand for convenient food options due to increasingly busy lifestyles and rapid urbanization, coupled with the thriving food and beverage (F&B) industry, stands out as a key driver of market growth. Furthermore, the heightened awareness of diverse dietary preferences is prompting manufacturers to introduce a wider range of product variations. In addition to this, ongoing advancements in freezing technologies are elevating the quality and shelf life of frozen bakery products, which is positively impacting overall sales. Moreover, the expansion of retail channels, including online platforms that offer extensive catalogs and the convenience of home delivery, is making frozen bakery products more accessible and further bolstering market growth.
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What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Product Type:
• Bread and Rolls
• Cakes and Pastries
• Cookies and Biscuits
• Others
Breakup by Distribution Channel:
• Artisan Baker
• Retail
• Catering
• Online Channel
Breakup by End User:
• Retail
• Food Service Industry
• Food Processing Industry
Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
Aryzta AG, Associated British Foods plc, Bridgford Foods Corporation, Conagra Brands Inc., Dawn Food Products Inc., Europastry S.A., Flowers Foods, General Mills Inc., Kellogg Company, Lantmännen, TreeHouse Foods Inc. and Vandemoortele.
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Contact us:
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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