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Frozen Dough Market Anticipated to Hit US$ 32.75 Billion by 2030| Europastry SA, Frozen Goosebumps Convenience, Custom Foods, Inc, Ware Pet Products.

06-19-2024 10:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DataM Intelliegence

The global frozen dough market is projected to reach US$ 32.75 billion by 2030, up from US$ 21.52 billion in 2022, with a CAGR of 5.66% during the forecast period. This growth is driven by the incorporation of global and ethnic flavors in frozen dough products. Manufacturers are introducing diverse flavor profiles inspired by international cuisines, catering to the evolving taste preferences of a culturally diverse consumer base. Additionally, increasing health awareness is leading to the incorporation of healthier ingredients in frozen dough products.

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The market is also experiencing a shift in distribution channels, with a significant rise in online retail. E-commerce platforms provide consumers with convenient access to a wide range of frozen dough products, enhancing overall market growth and accessibility. For instance, on March 1, 2022, Doughlicious launched a frozen dessert innovation with national distribution. Doughlicious offers a variety of ready-to-bake cookie dough, savory biscuit dough, and snackable dough bites that are vegan, gluten-free, and organic. Their products are available at several top UK retailers, including Waitrose, Ocado, Costco, Whole Foods, Selfridges, and Planet Organic.

Frozen Dough Market is Segmented:

By Type: Cookies/Brownies, Biscuits, Sweet Rolls, Pizza, Others

By Application: Households, Food Services

The market value for the cookies/brownies segment is likely to reach US$ 10.37 billion in 2030, from its recorded value of US$ 6.82 billion in 2022, growing with a CAGR of 5.60 % during the forecast period 2023 to 2030.

Particularly for cookies and brownies, the market for frozen dough has seen noticeable growth in recent years. This expansion can be attributed to the rising demand for time- and convenience-saving options in homemade baking.

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Market Dynamics
Increasing Vegan Population Drives Frozen Dough Market Growth

Rising awareness of the benefits of a vegan diet has significantly increased the global vegan population. According to the World Animal Foundation, there are approximately 88 million vegans worldwide. Additionally, over 500,000 people participated in Veganuary's challenge in 2021. This growing vegan population is driving the demand for vegan frozen dough, contributing to the overall market growth.

The major global players in the market include: Readi-Bake Inc, Kontos Foods In, Europastry SA, Frozen Goosebumps Convenience, Wenner Bakery Products, Swiss Gastro Baking Beijing Co., Ltd, Schar USA, Custom Foods, Inc, and Ware Pet Products.

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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