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

The global Frozen Bakery Market is poised for substantial growth, reaching an estimated US$ 38.28 billion by 2030, up from US$ 30.62 billion in 2023, according to the latest market research report. The market is anticipated to grow at a steady rate of 5.9% from 2024 to 2030.

The surge in demand for frozen bakery products, including bread, pizza crusts, pastries, cakes, and patisserie, is attributed to their extended shelf life of 6 to 18 months. This preservation technique, achieved by converting water into ice crystals, has made frozen bakery items a staple in the diets of people worldwide, particularly in the United States and Europe.

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Frozen Bakery Market Overview:

A prominent global market research organization has recently published an all-encompassing market research report focusing on the Frozen Bakery market. This comprehensive report presents a wealth of data and visually engaging representations, facilitating an in-depth analysis of both regional and global markets. It provides valuable insights into the market's objectives while offering detailed information about leading competitors, their market value, current trends, strategies, targets, and product portfolios. Moreover, the report highlights the recent market growth and includes historical data, providing valuable information to stakeholders and decision-makers.

Frozen Bakery Market Scope:

The research report delves deep into the analysis of trending competitors, their growth patterns, and the dynamic nature of the market. It offers valuable insights into the regional and global market values and demands, fostering a better understanding of the competitive landscape and the market's potential in terms of production, demand, and supply. The segmentation analysis takes into account crucial factors such as psychographic, demographic, geographic, and behavioral aspects, influencing marketing strategies, targeted products, offers, and customer experiences. Porter's analysis is utilized to assess organizations' competitive positions and improve profitability. Additionally, Pestle analysis is conducted to validate the relevance of existing products and services within the contextual data. SWOT analysis is employed to evaluate internal and external factors contributing to a company's strengths, weaknesses, advantages, and disadvantages. Overall, this report offers a comprehensive and informative overview of the Frozen Bakery market.

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Segmentation Analysis:

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 key factors contributing to its attractiveness are its amazing flavour combination, convenience of usage, and easily customisable 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

Additionally, there has been a noticeable increase in the consumption of ready-to-eat and ready-to-bake meals, as measured by consumption/type of consumption, which has significantly expanded the frozen bakery sector. 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 possibilities offered by frozen foods is particularly alluring to them because they also love to try new foods and learn about different cuisines.

by Category

Gluten free
Low calorie
Sugar free
Others

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 caterers, 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 overall sales. Supermarkets and hypermarkets specialise in a wide range of frozen baked goods. The increased inclination of consumers to shop at supermarkets and hypermarkets for premium goods is anticipated to boost market expansion throughout the course of the projection period. Online marketplaces for frozen baked products 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.

Major 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.

Regional Analysis:

The report provides formal, functional, and vernacular regional analyses, with a focus on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis offers insights into distinct targets, strategies, and market values specific to each region.

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Key Questions Answered in the Frozen Bakery Market Report:

• What defines the Frozen Bakery Market?
• What is the forecast period for the Frozen Bakery Market?
• How does the competitive landscape look in the Frozen Bakery market?
• Which region holds the largest market share in the Frozen Bakery Market?
• What opportunities are available in the Frozen Bakery Market?
• What factors are influencing the growth of the Frozen Bakery market?
• Who are the key players in the Frozen Bakery market?
• Which company holds the largest share in the Frozen Bakery market?
• What will be the compound annual growth rate (CAGR) of the Frozen Bakery market during the forecast period?
• What key trends are expected to emerge in the Frozen Bakery market in the coming years?

Key Offerings:

• Market Share, Size, and Revenue Forecast
• Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
• Market Segmentation: Detailed analysis by Frozen Bakery Market
• Landscape: Leading key players and other prominent participants

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