November 30, 2018: A publication on the “Global Frozen Bakery Products Market Size 2017 by Type (Frozen Pastry [Pie & Tarts, Croissants and Others], Frozen Cake [Sponge cake, Muffin and Others], Breads, Pizza Crust and Others), by Form (Ready-to-eat, Ready-to-bake, Ready-to-make and others), By Region and Forecast 2018 to 2025” was published by Adroit Market Research today. The publication covers the estimates for the global frozen bakery products market size (revenue) and consumption for a period ranging from 2015 to 2025. The global frozen bakery products market report also includes qualitative insights such as the regulatory framework, drivers, restraints, value chain and Porter’s Five Forces analysis. The report also covers an in-depth analysis of the key players that hold a significant position in the global frozen bakery products market.
The global frozen bakery products market size is estimated to reach USD 29.64 billion by 2025. With the evolution of freezing technology since the early 1900s, the concept of frozen food has advanced dramatically. Earlier, there were only selected food items that could be refrigerated, however, at present, many more food items are added to this category.
Frozen bakery products hold a significant importance in the frozen food industry. Products such as frozen pastry, cake, bread, muffins, pizza crust are some examples of major products in the frozen bakery products market. Changing lifestyle is one of the key factors to promote the demand for frozen bakery products market over the forecast period.
Growth in global population coupled with a rise in income levels has led to a further rise in demand for frozen bakery goods. As the income levels rise, especially in the developing countries, demand for varied food products would increase in the near future and that is anticipated to boost the global frozen bakery products market size.
It has been observed that increasing female participation in the workforce has changed the conventional household dynamics due to which preference for convenient food, which can be readily made or available, has increased dramatically. It is expected that nearly one billion women are projected to enter workplace by 2023. For instance, the frozen bakery market in India has been led by the top urban cities where the population of working women is high. Thus, changing lifestyle in the developing countries is projected to propel the global frozen bakery products market at 8.3% revenue CAGR over the forecast period.
Currently, the global frozen bakery products market offers significant growth opportunities. Changing lifestyle and increasing income level has also led to a rise in demand for specialty frozen bakery market. Consumers now are more willing to experiment with the new products that offer a refreshing taste. Constant strides in upgrading the processing and freezing technology are further expected to open new avenues for the frozen bakery products market. Furthermore, the growth of the online distribution retail channel has provided a new platform to the manufacturers for expanding their sales.
The global frozen bakery products market, in terms of market competitiveness, is a consolidated market with the presence of global players. These players account for a large chunk of the global frozen bakery products market share. They are focused on the strategy of product innovation. Furthermore, in recent times, merger & acquisitions have also been witnessed in the market so as to lessen the competition coupled with widening the distribution channel. Pepperidge Farm, General Mills Inc., Deloris frigid dough products, Cole’s Quality Foods, Inc., Europastry, S.A., Vandemoortele NV and Flowers Foods are examples of some of the key players present in the global frozen bakery products market.
Key segments of the Global frozen bakery products market
Type Overview, 2015-2025 (Kilo Tons) (USD Million)
- Frozen Pastry
- Pie & Tarts
- Frozen Cake
- Sponge cake
- Pizza Crust
Form Overview, 2015-2025 (Kilo Tons) (USD Million)
Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Central & South America
- Rest of Central & South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa