openPR Logo
Press release

Global Market for Frozen Pastries to Reach US$ 2,861.3 Million in Revenues over 2024, PMR Forecast

09-12-2017 08:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

“Growing popularity of e-commerce and online retailing is expected to support the expansion of frozen pastries market globally. Moreover, frozen pastries offer the convenience of ready-to-eat pastry items in the comfort of home, which is further fueling their demand in the market.” - Persistence Market Research (PMR)

Browse Market Research Report @ https://www.persistencemarketresearch.com/market-research/frozen-pastries-market.asp

PMR examines the global frozen pastries market in its upcoming report titled, “Frozen pastries Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2024”. The market is foreseen to expand at a compound annual growth rate of 5.9% in terms of value over 2024.

Report Highlights: Key Market Drivers

The impressive shelf life of frozen pastry products is playing a vital role in developing the supply-side for such products.

The convenience offered by frozen pastries is pivotal to market growth based on demand-side.

Enter your information below to receive a sample copy of this report @ https://www.persistencemarketresearch.com/samples/13606

Frozen pastry products are proving to be much more economical for retail eatery chains and fast food restaurants. These products last longer than normal conventional pastry items, thus, restaurant owners bare fewer losses from spoilage and contaminations.

Increasing demand for sugar-free frozen pastries is also expected to be a key factor in driving the overall market growth in the near future.

Since freezing the pastries locks-in the product's properties, it thereby prevents nutrient or texture loss for a prolonged duration.
Market Restraints

The PMR report further delivers key insights on factors restraining the market growth such as quality challenges, the role of regulations, upcoming alternate products and effect of price fluctuations.

Market Opportunities

Increasing demand for premium frozen pastry products has greatly influenced the popularity of specialty frozen pastries amongst consumers. Specialty frozen pastries are mostly handmade and are baked using premium quality ingredients.

Market Overview

Based on product type, the market is bifurcated into viennoiserie and Danish products. Demand for viennoiserie type pastry products is expected to remain relatively higher than Danish type pastry products throughout the assessment period. In addition, the consumption of frozen pastries of both the types has grown to a significant extent in recent years, with plant and filled croissants products witnessing a considerable rise in demand. Increasing demand for pastries worldwide is driving the frozen pastries market. The plain and filled croissant products are leading with maximum market share and are expected to grow further over the next couple of years. This is primarily attributed to the incessantly high consumption in Europe and their recent growth in popularity in new regional markets.

Based on distribution channels, the hypermarket/supermarket segment occupies lion’s share of the market. In 2016, the segment was valued at around US$ 785.9 Million and is expected to increase at over 6% CAGR to reach US$ 1,299.1 Million by 2024-end. The development of in-store bakeries or bakeries within supermarkets/hypermarkets has emerged as a prominent growth factor for the market. Whereas, the artisan bakers is anticipated remain as the second largest segment of the market. The segment is particularly gaining traction in parts of Europe and North America.

Regional Outlook

North America, Latin America and Asia Pacific are anticipated to witness the robust growth of the market between 2016 and 2024. Despite holding a relatively smaller market size, Asia Pacific is expected to gain substantial market share due to increasing demand from countries such as Australia, New Zealand (ANZ) and Japan. Since most of these products originated from several Western European countries, Europe is expected to command for nearly 62.3% revenue share of the market during the forecast period. Likewise, growing popularity of frozen pastry products in developing countries is expected to create a host of new opportunities for leading players in the market.

Competitive Dashboard

Key players operating in the global market for frozen pastries include Gourmand, Delifrance, F.B.F. S.p.A, Wolf ButterBack, Lantmännen Unibake UK Limited, LBP (UK) Ltd, Le Bon Croissant, and La Danoiserie Corp.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA | Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Market for Frozen Pastries to Reach US$ 2,861.3 Million in Revenues over 2024, PMR Forecast here

News-ID: 710038 • Views: 151

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for PMR

Subscriber Data Management Market Trends – PMR Blog
In recent years, Subscriber Data Management (SDM) has emerged as one of the most critical functions in telecommunication networks. With the increasing number of technologies in networks, imminent arrival of 5G and the evolution to cloud architectures, efficiently managing all data and services related to subscribers has become so essential in order to ensure operator’s business profitability. Need more information about Report methodology ?
Protein Hydrolysate Ingredients Market Trends – PMR Blog
Protein hydrolysate ingredients are the group of peptides derived from proteins. Protein hydrolysate are rich in protein content and are absorbed more quickly in comparison to other proteins. The different type of protein hydrolysate ingredients include milk protein hydrolysate and meat protein hydrolysate. These protein hydrolysate ingredients have relatively low antigenic properties. Protein hydrolysates ingredients enhance the digestibility and reduces the protein allergy especially in infants. Request to Sample of Report-
Costume Jewelry Market Outlook by 2020 : PMR
Costume jewelry (also known as fashion jewellery, trinkets, junk jewelry, fake jewelry and fallalery) is a jewelry made of less valuable materials as compared with valuable materials such as gold, diamond, platinum and other precious metals and gem. The raw material used for these jewelleries include base metals, glass, plastic, synthetic stones, semi-precious stones, beads, ivory, lac, leather, terracotta, pearl and metals such as silver, aluminum and brass. On
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,
Global Pallets Market Snapshot by 2020 : PMR
Pallets (modern goods transportation infrastructure) also known as skids are flat transportation structure that provide supports to goods in a stable manner while it is transported from one place to another. Pallets are designed to access support to the forklift, pallet jack, front loader or other jacking device at the time of transporting good. Majority of pallets are made up of wood (hardwood or softwood) approximately more than 80%. Other