Press release
Frozen Bakery Products Market Estimated to Lock $49,118 million by 2025 | AMR
Growing demand for frozen food worldwide as they are nutritionally rich and have longer shelf life, rise in preference for convenience food products, increase in the number of high-end bakery shops in developed countries, and heavy investment in R&D activities in order to introduce new products drive the growth of the global frozen bakery products market๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/5179
The global frozen bakery products market size 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. In 2017, the North America sector accounted for nearly 31.34% of the frozen bakery products market share.
The global frozen bakery products market is segmented into product type, source, end use, distribution channel, and region. Based on product type, the market is divided into breads, pizza crust, cakes and pastries, waffles, donuts, and cookies. The bread segment accounts for the highest market share attributable to increase in consumption of frozen breads in UK, Germany, and France. Some of the key players in the market focus on introducing innovative bakery products that cater to the requirement of its target customers. In terms of source, barley and rye account for highest market share due to increase in demand for raw material among the manufacturers.
๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/checkout-final/daa12b5f64b95506f7ee7a89bd6090d9
Frozen food products is one of the largest segments in global food industry. However, in the flow of cold chain for these kinds of products, it incurs higher profit margins from some of the key participants in the supply chain. This includes maintenance cost, transportation cost, infrastructure, and machineries. Thus, this have an adverse effect on the overall price of frozen products which eventually affects the overall volume sales for the product. This in turn restricts the frozen bakery products market growth.
Among product types, the breads segment grabbed more than one-third of the market share in 2017 and would maintain its revenue lead through 2025. This is due to the large-scale application of breads in various food service industry as well as retail sectors. However, the waffles segment would grow at the highest CAGR of 5.4% from 2018 to 2025.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐: https://www.alliedmarketresearch.com/request-for-customization/5179
By distribution channel, the artisan baker segment generated the highest revenue in 2017, since majority of the consumers prefer buying frozen bakery products from these kinds of stores owing to the easy availability of the product.
The Europe frozen bakery products segment accounted for the highest market share in 2017 and is expected to maintain its dominant position throughout the forecast period.
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 share and is expected to growth at the highest CAGR of 4.3%.
๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/5179
Based on the end use segment, the global frozen bakery product market is segmented into retail, food service industry, and food processing industry. There is an increase in demand for food service industry in the frozen bakery product market as majority of the consumers prefer visiting the quick service restaurants, coffee shops, and restaurants to enjoy a gastronomy experience. This in turn boosts the frozen bakery products market growth.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Frozen Vegetables Market - https://www.globenewswire.com/en/news-release/2019/09/06/1912005/0/en/Global-Frozen-Vegetables-Market-To-Reach-38-84-Billion-by-2025-at-5-0-CAGR-Says-Allied-Market-Research.html
Fermented Milk Market - https://www.globenewswire.com/en/news-release/2020/08/11/2076482/0/en/Global-Fermented-Milk-Market-to-Reach-396-87Billion-by-2026-Allied-Market-Research.html
Low Calorie Chocolate Market - https://www.globenewswire.com/news-release/2021/11/16/2335449/0/en/Global-Low-Calorie-Chocolate-Market-Is-Expected-to-Reach-2-11-Billion-by-2030-Says-AMR.html
Sugar Free Mints Market - https://www.globenewswire.com/en/news-release/2023/01/16/2589256/0/en/Global-Sugar-Free-Mints-Market-Is-Expected-to-Generate-1-2-Billion-by-2031-Allied-Market-Research.html
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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