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Flourishing Growth in the Frozen Bakery Market: Insights into Market Size, Drivers and Emerging Trends
The frozen bakery market experiences strong growth, with increasing demand for convenience foods and innovative product offerings driving the expansion.What Is The Projected Market Size Of The Global Frozen Bakery Market And Its Growth Rate?
•The frozen bakery market is experiencing robust growth, expanding from $45.32 billion in 2024 to an expected value of $47.86 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 5.6%.
•The significant growth can be attributed to urbanization, busy lifestyles, improved convenience foods and cold chain infrastructures, and expansion of retail channels and supermarkets.
•The frozen bakery market is expected to reach $60.94 billion by 2029 at a CAGR of 6.2%.
•Such growth in the near future can be attributed to the adoption of clean label and health-conscious approaches, expansion of online retailing and automation in frozen bakery production, customization of products for dietary preferences, and the proliferation of plant-based and vegan frozen bakery options.
What Is Driving The Growth In The Frozen Bakery Market?
The growth of the frozen bakery market is mainly propelled by the increased consumption of convenience foods. Convenience foods, which include frozen, dried, or canned food that can be quickly and effortlessly prepared, are gaining popularity. Given their ready-to-cook status, frozen bakery items serve as convenient alternatives for meals, providing consumers with freshly baked delicacies in less time and effort. For instance, according to the Food and Drinks Malaysia by SAIL Group, the convenience food sector in Malaysia surged by 3.0% in volume in 2023 and is poised to reach 7,829.2 kg by 2027. Moreover, revenue from the sector amounted to US$31.84 billion in 2022 and is expected to rise by 5.49% in 2022-2027. Therefore, the rising demand for convenience foods is the primary driver of growth in the frozen bakery market.
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Who Are the Key Players Driving Frozen Bakery Market Growth?
•Nestlé SA
•Grupo Bimbo S.A.B. de C.V.
•Associated British Foods PLC
•General Mills Inc.
•Kellogg Company
•Dr. Oetker UK Ltd.
•ConAgra Foods Inc.
•Barilla Group
•Flowers Foods Inc.
•Hillshire Brands Company
•Rich Products Corporation
•Lantmännen Unibake International
•Aryzta AG
•Vandemoortele Inc.
•Froneri International Limited.
•Alpha Baking Company Inc.
•Pepperidge Farm Incorporated
•Europastry SA
•Bridgford Foods Corporation
•H&S Bakery Inc.
•Tasty Baking Company
•Gonnella Baking Co.
•Aunt Bessie's Limited
•Cole's Quality Foods Inc.
•Custom Foods Inc.
What Are The Key Trends In The Frozen Bakery Market?
•Advances in quick-frozen technology.
•Development of innovative frozen bakery products.
•Technological advancements in frozen dough production.
•Emphasis on sustainable packaging solutions.
•Application of novel ingredients and flavors.
•Integration of smart packaging for traceability.
What Are The Segments Of The Global Frozen Bakery Market?
•By Product: Ready-To-Prove, Ready-To-Bake, Ready-To-Eat
•By Recipe: Bread, Viennoiserie, Patisserie, Savory Snacks
•By Category: Gluten Free, Conventional
•By End-User: Convenience Stores, Hypermarkets And Supermarkets, Artisan Bakers, Hotels, Restaurants And Catering (HORECA), Bakery Chains, Online Channels
Which Region Leads The Frozen Bakery Market?
North America led the frozen bakery market in 2024, while Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Frozen Bakery Market Global Market Report?
- Market Size Analysis: Analyze the Frozen Bakery Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Frozen Bakery Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Frozen Bakery Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Frozen Bakery Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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