Market Research Report
Global Frozen Bakery Products Market Research Report-Forecast till 2026
|Published by||Market Research Future||Product code||969297|
|Published||Content info||111 Pages
Delivery time: 1-2 business days
|Global Frozen Bakery Products Market Research Report-Forecast till 2026|
|Published: May 22, 2020||Content info: 111 Pages||
Global Frozen Bakery Products Market is anticipated to register a CAGR of 7.50% to surpass USD 24,527.3 Million by 2026. Frozen bakery products are all pre-cooked bakery products such as various types of bread & rolls and pizza & pizza crust. Freezing is the most convenient, easiest, and useful process used to preserve the food.
Global Frozen Bakery Products Market was accounted for the compelling market growth over the last few years and is expected to exhibit a 7.50% CAGR during the review period. The growth of the global frozen bakery products is propelled by the increasing demand for convenience food, the growing number of working women, and the fast growth of the organized retail sector. However, the high price of the products expected to hinder the growth of the global frozen bakery products market during the review period. Additionally, the rising investments in the cold chain market in emerging economies and the increasing demand for organic products are evaluated to create attractive opportunities for players operating in the global frozen bakery products market during the forecast period.
The global frozen bakery product has been categorized based on type, category, and distribution channel.
In terms of Product Type, the Global Frozen Bakery Products Market has been segmented into bread & rolls, pizza & pizza crust, cakes & pastries, cookies & biscuits, others. Based on the Category segment the market has been bifurcated into Conventional and Gluten-Free. Based on Distribution Channel the global market has been segmented into Store-Based and Non-Store- Based. The store-based segment has been further classified into Supermarkets & Hypermarkets, Specialty Stores, and Others.
The region-specific analysis of the global frozen bakery products market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Europe is estimated to register the largest market of global frozen food; the region accounted for 39.71% share of the global market in 2018. The UK contributes to the largest market growth during the study owing to the increasing consumption of frozen bakery products during the review period. North America is anticipated to register the second largest market of the global frozen bakery product followed by Asia-Pacific. The frozen bakery products market in North America is expected to witness a moderate growth rate of 7.35% during the review period.
The Prominent Players in the Global Frozen Bakery Products Market are Grupo Bimbo S.A.B.de C.V.(Mexico), Conagra Brands, Inc.(US), Associated British Foods PLC (UK), General Mills Inc. (US), Lantmannen Unibake (Denmark), Kellogg Company (US), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), and Cole's Quality Food Inc.(US).
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