PUBLISHER: SkyQuest | PRODUCT CODE: 1250053
PUBLISHER: SkyQuest | PRODUCT CODE: 1250053
Global Frozen Pizza Market is valued at USD 17.56 Billion in 2021, and it is anticipated to attain a value of USD 30.29 Billion by 2028, at a CAGR of 8.10 % over the forecast period (2022 - 2028).
Global Frozen Pizza refers to the consumption and production of Frozen Pizza in the Asia Pacific region. The Asia Pacific region includes countries such as China, India, Japan, South Korea, Australia, and New Zealand, among others. Top-down and bottom-up approaches were used to estimate and validate the size of Global Frozen Pizza and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report
The Global Frozen Pizza Market is segmented based on Crust Type, Topping, Distribution Channel and Product Type. Based Crust Type market is categorized into Regular Thin Crust, Extra Thin, Crust Deep-Dish, Others. By Topping type it is segmented Meat and Vegetable. Based on distribution channel market is categorized into Offline and Online channel. By Product Type market is segmented into Regular, Medium and Large. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Driver
Frozen pizza is designed to have a longer shelf life and contains additional preservatives to enhance its durability. With the growing awareness of health and wellness among consumers, particularly the younger generation, there has been a shift in their lifestyle and food consumption preferences. As a result, they are more knowledgeable about the nutritional requirements of food.
Restraint
Ensuring the availability of a product heavily relies on its supply chain, and for frozen pizza, this factor becomes even more critical as it necessitates a cold chain network. Unfortunately, several developing nations encounter obstacles in their supply chain management, primarily due to a shortage of cold storage facilities in the region.
Trend
In recent times, with the rise of remote work and remote learning, individuals are in search of quick and convenient meal solutions that can be consumed for lunch and dinner. As a result, multi-serve pizza has gained popularity as a dinner option, while single-serve pizza is increasingly being preferred for lunch.