Rise of Frozen Bakery Market Propelled by Urbanization and Changing Lifestyles
Frozen Bakery Market Expected to Reach US$ 35.28 Billion by 2029
In a freezing surge, the Frozen Bakery Market has witnessed substantial growth, with a valuation of US$ 23.62 billion in 2022, projected to escalate at a robust 5.9% CAGR, culminating in an impressive US$ 35.28 billion by 2029.
Frozen Bakery Market: Navigate the Business Landscape
MMR recently published Frozen Bakery Market report offers a holistic view of the Frozen Bakery Market, encompassing both global players and local players operating in different countries. Through a comparative analysis of key players and Market followers, this report provides an insightful industry outlook.
For additional insights into this study, please refer to: https://www.maximizemarketresearch.com/request-sample/23735
InsightScope: Illuminate Market Realms and Investigate Methodologies
The report provides an in-depth analysis of the Frozen Bakery Market, through segmentation. It analyses the Market size, share, growth, and trends, along with the drivers and restraints affecting the Market growth. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report.
GeoGlimpse: Explore Regional Dynamics
The report provides regional insights into the industrial gas Market for North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia-Pacific region is expected to dominate the Market.
SegmentSculpt: Unveil Market Dimensions
by Type
Bread
Buns
Donuts
Scones
Loaves
Pizza crusts
Cakes & pastries
Pies & tarts
Croissants
Sponge cakes
Muffins
Other types
By category, it is anticipated that the bread market will surpass USD 46 billion by 2029. The demand for healthier frozen bread has increased in recent years, and Pizza Hut, Burger King, Dominos, and other food chains have been consuming more bread. These developments will present new opportunities for frozen food manufacturers in the years to come.The frozen bread and frozen pastries segments are predicted to grow at a faster pace than the frozen pizza crust segment. In the West, a lot of people enjoy eating frozen pizza on a regular basis. Throughout the projection period, these factors are driving the type segment.
by Product
Ready-to-prove
Ready-to-bake
Ready-to-eat
During the projection period, the Ready-to-eat product segment is expected to grow at a notable pace. The demand for frozen baked goods is rising globally as a result of customers’ growing preference for ready-to-eat (RTE) and ready-to-bake products due to busy lives and demanding work schedules. The market is anticipated to be driven by the expanding working population, especially working women. Moreover, the market’s expansion has been greatly aided by the existence of notable corporations.
by End-user
Convenience stores
Hypermarkets & supermarkets
Artisans bakers
Hotels, Restaurants & Catering (HORECA)
Bakery chains
Convenience stores, hypermarkets, supermarkets, artisan bakers, bakery chains, hotels, restaurants, and catering are the four end-user segments that make up the frozen bakery market (HORECA). In 2022, sales of frozen bread products 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.
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MarketMasters Unveil: Spotlight on Key Players
1. Cole’s Quality Foods Inc.
2. General Mills Inc.
3. Flowers Foods
4. Europastry S.A.
5. Barilla Holdings Spa
6. General Waffel Manufactory
7. Vandemoortele NV
8. American Desserts
9. Associated British Foods plc
10.Bridgford Foods Corporation
11.Premier Foods plc
12.Cargill Incorporated
13.Conagra Brands Inc.
14.Alpha Baking Company Inc.
15.Kellogg Company
16.LantmannenUnibake International
17.Grupo Bimbo S.A.B. de C.V.
18.Aryzta A
Key questions answered in Frozen Bakery Market are:
- Who held the largest Market share in the Frozen Bakery Market?
- What are the factors driving the Frozen Bakery Market growth?
- What are the factors restraining the Frozen Bakery Market growth?
- Which trends are expected to generate additional revenue for the Frozen Bakery Market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Frozen Bakery Market?
To explore further details about this research, please go to: https://www.maximizemarketresearch.com/request-sample/23735
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