Frozen Bakery Market Size to Boost USD 37.10 Billion By 2032 | CAGR 5.2% - Published by Emergen Research

The global Frozen Bakery Market size is expected to reach USD 37.10 Billion in 2032 and register a steady revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of Individual Quick Frozen (IQF) technology to maintain the freshness of frozen bakery products is primary key factor driving market revenue growth. IGF method produces an equal and regulated cooling rate on individual pieces of food in a fraction of the time required by a standard batch freeze. IQF technology provides longer shelf life, faster operation times, and less potential damage caused by ice crystals accumulating on the food. This as a result helps organizations to cut waste and expenses while collaborating with suppliers to manufacture high-quality products at much lower prices.

 The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Drivers of the Frozen Bakery Market :

Several factors contribute to the growth of the Frozen Bakery Market. One key driver is the rising trend of on-the-go consumption and snacking, fueled by hectic lifestyles and changing dietary preferences. Frozen bakery products provide consumers with quick and hassle-free meal solutions, whether it's a breakfast pastry, sandwich bread, or dessert indulgence. Moreover, advancements in freezing and packaging technologies ensure the retention of freshness, flavor, and nutritional value, enhancing the appeal of frozen bakery items.

Restraints and Challenges

Despite its growth potential, the Frozen Bakery Market faces certain challenges. One significant restraint is the perception of frozen bakery products as inferior in quality compared to freshly baked alternatives. Overcoming consumer skepticism and educating them about the benefits of frozen bakery items, such as convenience, variety, and portion control, remains a key challenge for manufacturers and retailers. Additionally, concerns over additives, preservatives, and artificial ingredients in some frozen bakery products may deter health-conscious consumers.

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The report also discusses the key players involved in the market such as:

GRUPO BIMBO, General Mills Inc., ARYZTA AG, Conagra Brands, Inc., Associated British Foods plc, VANDEMOORTELE, Premier Foods Group Limited, Europastry, Alpha Baking Company, Inc., TreeHouse Foods, Inc., Miracapo Pizza Company, FLOWERS FOODS, Cole's Quality Foods, Inc., Bridgford Foods Corporation, Custom Foods Inc., Kellanova, Lantmannen Unibake, Dawn Food Products, Inc., Nestlé, and Dr. Oetker.

The report provides a thorough estimation of the overall impact of the pandemic on the Frozen Bakery Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Frozen Bakery Market

Frozen Bakery Latest Industry News

On 29 July 2020, Sara Lee Frozen Bakery, a leading frozen retail cheesecake brand, launched a new range of individually wrapped, easy-to-eat micro cheesecakes. Sara Lee Mini Cheesecakes are packaged in a Peel & PlateTM cup, making these ideal for eating on the move or as a plated sit-down snack, and available in three flavors such as classic/plain, strawberry, and luxurious salted caramel truffle.

On 24 February 2020, Sara Lee Frozen Bakery, the world's largest manufacturer of frozen baked goods, announced to sign a formal deal to purchase Cyrus O'Leary's Pies. Sara Lee Frozen Bakery accelerates the company's goal of increasing its footprint in the In-Store Bakery (ISB) market.

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Frozen Bakery Market Segment Analysis :

For the purpose of this report, Emergen Research has segmented the global frozen bakery market on the basis of product type, distribution channel, specialty and health-based, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2032)
Frozen Bread
Frozen Pastry
Frozen Cakes and Desserts
Frozen Pizza Crusts
Frozen Savory Snacks
Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Bakery Outlets
Specialty and Health-Based Outlook (Revenue, USD Billion; 2019-2032)
Gluten-Free
Organic and Natural
Vegan and Plant-Based
Low-Sugar or Sugar-Free
End-use Outlook (Revenue, USD Billion; 2019-2032)
Households
Foodservice Industry
Retailers
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U,S.
Canada
Mexico
Europe
Germany
UK
France
Spain
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of Middle East & Africa

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