Frozen Bakery Market Set to Rise to $38.28 Billion by 2030, Fueled by Urbanization and Changing Lifestyles

Frozen bakery Market Overview:

Maximize Market Research's latest report on the Frozen bakery Market is invaluable for understanding Market competitors. The report offers an extensive and fundamental analysis of the Market, exploring subjective factors that provide crucial business insights. It presents a Market overview that covers the value chain structure, geographical analysis, applications, and Market size during the forecast period.

Frozen Bakery Market Witnesses 5.9% Revenue Growth, Hits $30.62 Billion in 2023

In a dynamic shift driven by urbanization and changing consumer habits, the global frozen bakery market has reached an impressive valuation of $30.62 billion in 2023, with expectations to surge to $38.28 billion by 2030. This growth, marked by a 5.9% annual increase, is attributed to a rising demand for convenient and ready-to-eat food products.

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Frozen bakery Market Report Scope and Research Methodology:

The Frozen bakery Market report is designed to provide an outlook on Market size, considering segments, regional analysis, and industry competition. Utilizing a bottom-up approach, the report estimates and forecasts Market growth. It further conducts an in-depth examination of key players in the Frozen bakery industry, offering insights into their revenue performance. The report encompasses a comprehensive analysis of the Frozen bakery Market at global, regional, and local levels, identifying the factors that hinder, drive, and challenge Market growth in the forecast period.

Frozen bakery Market Segmentation:

by Product Type

Bread and Rolls
Buns
Pizza crusts
Dough
Cakes
Cookies
Donuts
Others

In terms of Product Types, The fact that pizza crust occupies a substantial and important portion of the global frozen bakery market suggests that it is a standard and flexible component of the industry.  The main factors contributing to its appeal are its amazing flavour combination, ease of use, and easily adjustable toppings. Pizza is a well-liked choice for casual meals, parties, celebrations, and even comfort food. The pizza dough, which serves as the foundation of the dish, is essential in delivering the proper flavour and texture. The bread and roll segment is predicted to produce over USD 16 billion in the frozen bakery market by 2030. In recent years, there have been changes to the bread and roll offerings, such as the use of wheat, which is healthier and draws in customers.

by Consumption

Ready-to-prove
Ready-to-bake
Ready-to-eat
by Category Gluten free
Low calorie
Sugar free
Others

Additionally, there has been a noticeable increase in the consumption of ready-to-eat and ready-to-bake foods, as measured by consumption/type of consumption, which has significantly expanded the frozen bakery market. In the global frozen bakery market, the age groups under 18, 18–30, 30-45, 45, and older are represented. The 18–30 age group dominates the global frozen bakery market due to their busy schedules and preference for simple, quick fixes. The vast array of options offered by frozen foods is particularly alluring to them because they also prefer to try new foods and learn about different cuisines.

by End-User

Convenience stores
Hypermarkets & supermarkets
Hotels, Restaurants & Catering (HORECA)
Online
Direct sale
Others

The frozen bakery market is segmented by end users into categories such as catering, hotels, restaurants, artisan bakers, supermarkets, convenience stores, and hypermarkets (HORECA). In 2022, sales of frozen baked goods through supermarkets and hypermarkets made up more than 43% of total sales. Supermarkets and hypermarkets specialise in a wide range of frozen bakery goods. The increased inclination of consumers to shop at supermarkets and hypermarkets for premium goods is anticipated to boost market expansion over the course of the projection period. Online marketplaces for frozen baked goods are becoming more and more significant in the frozen bakery industry, impacting the industry's trajectory and altering the way consumers locate and purchase frozen baked goods.

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Frozen bakery Market Key Players are:

1. Cole’s Quality Foods Inc., (Michigan, United State.)
2. General Mills Inc., Minneapolis, (Minnesota, United State.)
3. Flowers Foods, (Thomasville, Georgia, United State.)
4. Europastry S.A., (USA)
5. General Waffle Manufactory, (Sint-Agatha-Berchem)
6. Vandemoortele NV
7. Associated British Foods plc., London, (United kingdom)
8. Bridgford Foods Corporation, (Anaheim, California, United State.)
9. Premier Foods plc. (St. Albans Hertfordshire)
10. Cargill Incorporated, (Wayzata, Minnesota, United State.)
11. Alpha Baking Company Inc.
12. Kellogg Company
13. LantmannenUnibake International,
14. Grupo Bimbo S.A.B. de C.V., (Mexico City, Mexico.)
15. Aryzta A. G., ( Zurich, Switzerland)
16. Tree House Foods, Inc., (Oak Brook, Illinois, United States)
17. Dnb. co. in (U.S.)
18. Danone SA (France)
19. Sunbulah Group.(Saudi Arabia)
20. Rhodes International Inc.

Key questions answered in Frozen bakery Market are:

  • What is Frozen bakery?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Frozen bakery Market? 
  • Which factors are the lucrative opportunities for the Frozen bakery Market growth?
  • Which factors are limiting the scope of the Frozen bakery Market?
  • How is the intervention from regulatory authority shaping the Frozen bakery Market?
  • What growth strategies are the key players considering to increase their presence in the Frozen bakery Market?

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Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region 
  • Market Size, Share, Size & Forecast by different segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

Frozen bakery Market Regional Insights:

North America dominated the Frozen bakery Market due to the presence of Market leaders in the region. Europe and Asia Pacific are fast-growing regions in the Frozen bakery Market as technological developments are rising in the region.

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