Global Frozen Bakery Market: By Product type (Breads, Cakes and Pastries, Cookies and Others); By Claim (Gluten free, Organic, Sugar free, Low calories and others); Based on Distribution Channel (Specialty Stores, Convenience Stores, Supermarkets/Hypermarkets, Online, Artisan Bakers); Based on Technology (Ready to bake, Ready to prove, Fully-baked); Based on Region (North America, Asia Pacific, Europe, Latin America, Middle East and Africa) – Analysis of market share, size and trends for 2016-19 and forecasts to 2030.
Bakery products are becoming the new food staple with the changing needs and modern lifestyle. The diversified range of products has contributed to fulfilling the day-to-day basic needs of the consumers. The growing tendency towards a healthy lifestyle and consumption of nutritious food has led the bakers to offer healthier options. Popular bakery products include bread, pastries, doughnuts, cookies, which are prepared by using a mixture of cereal-based flour (especially wheat) with sugar, salt, yeast, water.
Global frozen bakery product market is expected to project a notable CAGR of XX.X% in 2030.
Global frozen bakery products market to surpass USD XXX million by 2030 from USD XXX in 2018 by CAGR of XX.X% throughout the forecast period i.e. 2019-30. The global frozen bakery products market is anticipated to grow on the back of increasing demand for ready-made, easy to use/bake, tasty, convenient, and healthy food products. Expansion in the potential demand for frozen bakery products is expected to rise in the Asia-Pacific market due to the rise in purchasing power parity and disposable income of the growing population. Moderate competition is witnessed due to the existence of many small- and large-scale firms.
Global Frozen Bakery Products Market: Segments
Bread segment to grow with the highest CAGR of XX% during 2019-30
Global Frozen Bakery Market is segmented by product type into Bread, Cake and Pastries, Cookies and Other. Bread segment held the largest market share of XX.X% in the year 2018 and is expected grow at fastest pace during the forecast period due to increasing demand because of its wide range of variety such as whole wheat bread, multigrain bread, gluten-free bread which has provided with healthier options to the consumers. However, its market dominance is challenged by other bakery products such as cookies and cakes and pastries which has witnessed a rapid growth in the recent years and are expected to continue to expand in the forthcoming years.
Global Frozen Bakery Market Dynamics
Increasing demand of frozen bakery products in the household sector
Consumer preferences are changing towards convenient products which are leading to a rise in the frozen bakery products industry. Consumers prefer convenient products as they are instant and easy to grab in the breakfast, especially, working women also consider to opt for ready to use bakery products since it is time-saving, healthy and has a reasonable price which is another driving factor of the market growth.
Traditional freshly baked products and high electricity consumption
Freshly baked products are still preferred by most of the consumers over frozen products, as they believe in consuming on the spot processed bakery products considering them to be much healthier. Frozen bakery products also require a need to freeze them to ensure at a certain temperature which sometimes also leads to higher electricity bills.
Global Optical Coatings Market: Regions
Europe segment to grow with the highest CAGR of XX% during 2020-29
Global frozen bakery product market is segmented by region into North America, Asia Pacific, Europe, Latin America, Middle East and Africa. Geographically, Europe is likely to dominate the market due to higher demand of gluten-free, whole-wheat, high-fiber, trans-fat products. Well-established bakery market promotes innovation and new product development and have strengthen the supply chain, product array and distribution channels. Expansion in potential demand of frozen bakery products is expected to rise in Asia-Pacific market due to rise in purchasing power parity and disposable income of the growing population
Global Frozen Bakery Products Market: Key Players
- Grupo Bimbo S.A.V de C.V.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Yamazaki Baking Co., Ltd.
- JAB holding Company
- Dr. August Oetker KG
- Europastry, S.A
- Nestle, S.A
- Conagra Brands
- Kellogg Company
- Other Prominent Players
Frozen Bakery Products Market Segments:
Global organic coffee market report also contains analysis on:
- Cakes and Pastries
- Specialty Stores
- Convenience Stores
- Artisan Bakers
- Ready to Bake
- Ready to Prove
- Fully Baked
- Sugar free
- Low calories
- Frozen Bakery Products Market Dynamics
- Frozen Bakery Products Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints