Press release
Frozen Bakery Market Insights | Industry Outlook, Size, Growth Factors and Forecast To 2030
Frozen Bakery Market size was valued at US$ 30.62 Bn. in 2023 and the Frozen Bakery Market revenue is expected to grow at 5.9% through 2024 to 2030, reaching nearly US$ 38.28 Bn.Frozen Bakery Market Overview
Envisaged during the envisaged period, Maximize Market Research envisions a noteworthy upsurge in the market. The scrutiny of the Frozen Bakery Market evaluated by Maximize Market Research, entails a comprehensive exploration of regional intricacies and the competitive landscape.
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Frozen Bakery Market Scope and Methodology
The report adopts a foundation-up methodology to estimate the Frozen Bakery Market's dimensions. Information is sourced from primary and secondary databases, encompassing both qualitative and quantitative analysis. Primary data is acquired via surveys, questionnaires, and interviews with key figures and entrepreneurs in the Frozen Bakery market. The report leverages analytical tools such as SWOT, PESTLE, and Porter's Five Forces Analysis to conduct comprehensive market scrutiny. SWOT analysis facilitates a holistic comprehension of factors influencing business decisions within the market, while PESTLE analysis furnishes insights into growth prospects and risks that influence market efficiency. Overall, the report functions as a valuable resource for investors, stakeholders, and market observers, aiding them in making well-informed judgments within the Frozen Bakery Market arena.
Frozen Bakery Market Regional Insights
The assessment of regional dynamics is conducted to gauge the state of the Frozen Bakery market across nations falling within North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. This market, denoted as Frozen Bakery, is broadly categorized into these delineated regions, facilitating an in-depth comprehension of the market's topography and the ever-evolving forces within each specific geographical domain.
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Frozen Bakery Market Segmentation
by Product Type
Bread and Rolls
Buns
Pizza crusts
Dough
Cakes
Cookies
Donuts
Others
In terms of Product Types, The fact that pizza crust occupies a substantial and important portion of the global frozen bakery market suggests that it is a standard and flexible component of the industry. The key factors contributing to its attractiveness are its amazing flavour combination, convenience of usage, and easily customisable toppings. Pizza is a well-liked choice for casual meals, parties, celebrations, and even comfort food. The pizza dough, which serves as the foundation of the dish, is essential in delivering the proper flavour and texture. The bread and roll segment is predicted to produce over USD 16 billion in the frozen bakery market by 2030. In recent years, there have been changes to the bread and roll offerings, such as the use of wheat, which is healthier and draws in customers.
by Consumption
Ready-to-prove
Ready-to-bake
Ready-to-eat
Additionally, there has been a noticeable increase in the consumption of ready-to-eat and ready-to-bake meals, as measured by consumption/type of consumption, which has significantly expanded the frozen bakery sector. In the global frozen bakery market, the age groups under 18, 18-30, 30-45, 45, and older are represented. The 18-30 age group dominates the global frozen bakery market due to their busy schedules and preference for simple, quick fixes. The vast array of possibilities offered by frozen foods is particularly alluring to them because they also love to try new foods and learn about different cuisines.
by Category
Gluten free
Low calorie
Sugar free
Others
by End-User
Convenience stores
Hypermarkets & supermarkets
Hotels, Restaurants & Catering (HORECA)
Online
Direct sale
Others
The frozen bakery market is segmented by end users into categories such as caterers, hotels, restaurants, artisan bakers, supermarkets, convenience stores, and hypermarkets (HORECA). In 2022, sales of frozen baked goods through supermarkets and hypermarkets made up more than 43% of overall sales. Supermarkets and hypermarkets specialise in a wide range of frozen baked goods. The increased inclination of consumers to shop at supermarkets and hypermarkets for premium goods is anticipated to boost market expansion throughout the course of the projection period. Online marketplaces for frozen baked products are becoming more and more significant in the frozen bakery industry, impacting the industry's trajectory and altering the way consumers locate and purchase frozen baked goods.
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Frozen Bakery Market Key Players
1. Cole's Quality Foods Inc., (Michigan, United State.)
2. General Mills Inc., Minneapolis, (Minnesota, United State.)
3. Flowers Foods, (Thomasville, Georgia, United State.)
4. Europastry S.A., (USA)
5. General Waffle Manufactory, (Sint-Agatha-Berchem)
6. Vandemoortele NV
7. Associated British Foods plc., London, (United kingdom)
8. Bridgford Foods Corporation, (Anaheim, California, United State.)
9. Premier Foods plc. (St. Albans Hertfordshire)
10. Cargill Incorporated, (Wayzata, Minnesota, United State.)
Key questions answered in the Frozen Bakery Market are:
• What is Frozen Bakery?
• What was the Frozen Bakery market size in 2022?
• What are the different segments of the Frozen Bakery Market?
• What growth strategies are the players considering to increase their presence in Frozen Bakery?
• What are the upcoming industry applications and trends for the Frozen Bakery Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Frozen Bakery Market?
• What major challenges could the Frozen Bakery Market face in the future?
• What segments are covered in the Frozen Bakery Market?
• Who are the leading companies and what are their portfolios in Frozen Bakery Market?
• What segments are covered in the Frozen Bakery Market?
• Who are the key players in the Frozen Bakery market?
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Related Report Links:
Pukka Elderberry Syrup Market https://www.maximizemarketresearch.com/market-report/pukka-elderberry-syrup-market/217482/
Plant Based Ham Market https://www.maximizemarketresearch.com/market-report/plant-based-ham-market/217492/
Dairy Farming Market https://www.maximizemarketresearch.com/market-report/dairy-farming-market/217502/
Macadamia market https://www.maximizemarketresearch.com/market-report/macadamia-market/217520/
Lobster Market https://www.maximizemarketresearch.com/market-report/lobster-market/217529/
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Medical Robotics Market https://www.maximizemarketresearch.com/market-report/medical-robotics-market-2/217542/
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Manuka Honey Market https://www.maximizemarketresearch.com/market-report/manuka-honey-market/217559/
Next Generation Contact Lenses Market https://www.maximizemarketresearch.com/market-report/next-generation-contact-lenses-market/217570/
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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