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Steady Growth and Emerging Trends in Frozen Pizza Market: CAGR of 4.9% by 2025 and 4.7% by 2029
Frozen Pizza Market Share
What Is The Projected Market Size Of The Global Frozen Pizza Market And Its Growth Rate?
• The frozen pizza market size was at $20.87 billion in 2024 and will reach $21.89 billion in 2025, growing at a compound annual growth rate (CAGR) of 4.9%.
• A variety of factors contribute to this growth, including the usefulness and time-saving nature of frozen pizzas, changing consumer lifestyles, retail expansion, and economic factors.
• The market size is forecasted to reach $26.26 billion in 2029 at a CAGR of 4.7%.
• Growth during this period can be attributed to health and wellness concerns, increased e-commerce, sustainability issues, and global market expansion.
What Is Driving The Growth In The Frozen Pizza Market?
The increasing popularity of online shopping has a significant impact on the growth of the frozen pizza market. Online shopping is a convenient option for consumers to order a variety of frozen pizza brands and flavors, serving options that may not be available in their local grocery store. This leads to a significant market boost. Evidence of this trend can be seen in Tidio Sp. z o.o.'s report, revealing that the number of digital shoppers in the U.S. rose from 268.2 million in 2022 to 274.7 million in 2023, reflecting a global increase in online shopping.
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Who Are the Key Players Driving Frozen Pizza Market Growth?
• Nestle S.A.
• Tyson Foods Inc.
• Kraft Foods Group
• General Mills Inc.
• Conagra Brands Inc.
• BRF S.A.
• Ajinomoto Co Inc.
• Bimbo Bakeries USA
• ITC Limited
• Maple Leaf Foods Inc.
What Are The Key Trends In The Frozen Pizza Market?
• Health and wellness focus
• E-commerce growth
• Sustainability concerns
• Global market expansion
• Customization and personalization
• Plant-based and gluten-free options
• Artisanal and specialty pizzas
• Clean label products
• Innovative flavors and toppings
• Smart packaging solutions
What Are The Segments Of The Global Frozen Pizza Market?
• By Product: Regular Frozen Pizza, Premium Frozen Pizza, Gourmet Frozen Pizza
• By Crust Type: Pan, Thin Crust, Stuffed Crust, Other Crust Types
• By Topping: Cheese, Meat, Fruits And Vegetables, Other Toppings
• By Distribution Channels: Hyper markets, Super markets, Convenience Stores, Specialty Stores, Non-Store Based
• By End-Use: Young Generation Consumers, Old Generation Consumers, Working Class Population
Which Region Leads The Frozen Pizza Market?
North America was the largest region in the frozen pizza market in 2024. However, it is expected that Asia-Pacific will show the fastest growth in the forecast period, which covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle-East, and Africa.
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What Is Covered In The Frozen Pizza Market Global Market Report?
- Market Size Analysis: Analyze the Frozen Pizza Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Frozen Pizza 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 Pizza Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Frozen Pizza Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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