The latest research study “Frozen Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global Frozen bakery products market exhibiting a growth rate (CAGR) of 5.6% during 2022-2027.
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Frozen bakery products are pre-cooked food items that are consumed after reheating. These include bread, bagels, cinnamon rolls, cornbread, croissant cakes, pastries, and donuts produced from wheat, barley, corn, rice, oats, and rye. They have a longer shelf life due to the formation of ice crystals that prevent microbiological degradation. These products are also suitable for logistics and transportation and save storage space by eliminating the necessity of preserving fresh ingredients as compared to conventional bakery products. As a result, frozen bakery products are gaining traction among individuals across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Frozen Bakery Products Market Trends and Drivers:
The market is primarily driven by the inflating income level of consumers and the increasing trend of snacking between meals. In addition, the growing awareness among the masses regarding the benefits of frozen bakery products, such as high nutrition and longer shelf life, represents another major growth-inducing factor.
Along with this, the market growth is further strengthened by the rising consumption of convenience food due to the surging number of working professionals and consequent hectic lifestyles. Moreover, the leading manufacturers are investing in research and development (R&D) activities to launch gluten-free frozen baked goods and advanced bake-off technologies (BOT), such as partially baked frozen bread (PBF), unfermented frozen dough (UFD), which reduces labor-intensive production.
This, coupled with the introduction of frozen bakery products in innovative and exotic flavors, is also creating a positive market outlook.
|Frozen Bakery Products Market Report Scope|
|Growth Rate||CAGR of 5.6% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Product type, Distribution channel and End user|
|Regional scope||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Key companies profiled||Aryzta AG, Associated British Foods plc, Bridgford Foods Corporation, Conagra Brands Inc., Dawn Food Products Inc., Europastry S.A., Flowers Foods, General Mills Inc., Kellogg Company, Lantmännen, TreeHouse Foods Inc. and Vandemoortele.|
|Market Dynamics||Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,|
|Customization preview||If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.|
The report has been segmented the market into following categories:
Breakup by Product Type:
- Bread and Rolls
- Cakes and Pastries
- Cookies and Biscuits
Breakup by Distribution Channel:
- Artisan Baker
- Online Channel
Breakup by End User:
- Food Service Industry
- Food Processing Industry
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
List of Major Key Players:
The major players in the market are Aryzta AG, Associated British Foods plc, Bridgford Foods Corporation, Conagra Brands Inc., Dawn Food Products Inc., Europastry S.A., Flowers Foods, General Mills Inc., Kellogg Company, Lantmännen, TreeHouse Foods Inc. and Vandemoortele.
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