Market Research Report
Global Frozen Dough Market - 2022-2029
|Global Frozen Dough Market - 2022-2029|
Published: May 7, 2022
Content info: 180 Pages
Delivery time: 2 business days
The global frozen dough market is valued at USD XX million in 2021 and is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).
Frozen dough is uncooked or semi cooked food products that are stored or preserved at low temperature for a time duration of more than two months. They are often stored in freezers or cryogenic refrigerators. Frozen or refrigerated frozen dough includes cakes, cookies, muffins, pizza crust and others products. The increasing demand for frozen dough products due to the rising preference toward convenient food is expected to drive the market growth.
Increasing demand for convenience foods
Dough food products are on the rise owing to the convenience in consumption. The present-day consumers are willing to spend on convenience food products due to the nature of their jobs. After a hectic day at the office, dough products can be consumed to regain strength. Dough products can be consumed at any time of the day, making it an all-around product. With a total annual consumption of 140 million tons (MT) per annum, bread is a key ingredient of diet. The bread industry is evolving with global changes and despite a small per capita decrease in global bread consumption, there are still major growth opportunities in the baking industry. Frozen dough, where after dough preparation, the dough is stabilized by freezing until the moment bread is baked, provides one of those opportunities. Furthermore, individuals' disposable income will drive the market forward during the forecast period and aftermath. The ease with the accessibility of these products in retail stores has made the market attractive to consumers globally.
Refrigerator cookies is the dominating segment in global frozen dough market
Refrigerator cookies, also known as icebox cookies, are a variety of cookie styles that require chilling before serving. The cookie dough is frequently molded into a log or a circular so that it may be readily sliced and cooked after chilling in the refrigerator. People prefer a variety of professionally prepared refrigerator cookies because they are easy to slice and bake. Before these commercial varieties were accessible in stores, bakers used this approach to make delicious homemade cookies. Homemade has the advantage of stricter ingredient control, allowing for the omission of additional fillers or chemicals.
Based on the application, the foodservices segment held the highest market revenue share of XX% in 2020. Gonnella Baking Co., is one of the key players offering frozen dough for foodservices sector. The company has built and maintained a strong national position as a high-quality frozen dough provider for in-store bakeries and foodservice enterprises. To increase the manufacturing capabilities, Gonnella's partners benefit from shorter delivery distances and lead times and superior support for the entire line of high-quality frozen dough products.
Europe is the dominating segment during the forecast period
Europe is the global leader in frozen dough product sales, accounting for more than XX% of the entire frozen dough industry. The market expansion in this region will be driven by an increase in the number of working women, changing dietary habits, and the easy availability of ready-to-eat food products. In the future, the increased internet usage, followed by a growth in online food deliveries in European countries, will offer up new opportunities for frozen bakery businesses. Furthermore, COVID-19 has influenced the eating habits of consumers in Europe. Snacks, veggies, cakes, sweet beverages, and bakery products are becoming more popular.
Around the projected period, the Asia Pacific frozen bakery market is expected to grow at over XX percent. Consumer spending on frozen foods is predicted to rise as free time decreases, and lifestyle changes result from more disposable income. The growing popularity of western foods in Southeast Asia, India, and China is predicted to provide profitable chances for fast food restaurants to increase their products in these countries, which will boost the APAC market forecast.
The global frozen dough market is fragmented. The global frozen dough market is a competitive market and comprises numerous regional and international competitors. Kontos Foods, Readi-Bake, Wenner Bakery, Swiss Gastro Bakery Beijing Co, and Boulder Brands, among others are among the major players in the global frozen dough products market. Davars collaborated with Svenson brand and launched a frozen bakery product which includes frozen dough. In 2017, Bimbo company merged with Panettiere in Colombia which is frozen bakery company
COVID-19 Impact: Negative impact on the global frozen dough market
The new coronavirus pandemic has significantly impacted the food and beverage industries, including the bread business. The epidemic has impacted the economy by disrupting mass manufacturing and supply chains. Due to a labor shortage, bakeries with substantial volumes of supermarket sales, such as bread and meat items, were forced to close in early 2020 due to the lockout. As a result, demand for bakery items in the home market has soared. On the other hand, the foodservice sector is experiencing a decline in the bakery products market, which are among the most in-demand items in the bakery service sector. Another factor that affects the market for the frozen dough is the lack of raw material availability due to the product's poor production.
Understand the current market scenario and viability of global frozen dough market over the forecast period
Visualize the composition of the global frozen dough market in terms of type, application and region to identify major players, growth potential, and market strategies
Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Excel data sheet with valuable data points of the global frozen dough market - Regional and Country level segmentation
Product mapping in excel for the key products of all major market players
Market Share Analysis covering business revenues ($) and revenue share (%) of key market players
The global frozen dough market report would provide an access to approximately 55 market data tables, 45 figures and 180 pages
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