South & Central America Frozen Bakery Products Market Forecast to 2031 - Regional Analysis - by Product Type, Category, and Distribution Channel

Description

List of Tables

The South & Central America frozen bakery products market was valued at US$ 1,116.23 million in 2023 and is expected projected to reach US$ 1,667.67 million by 2031; it is estimated to register a CAGR of 5.1% from 2023 to 2031.

Escalating Sales of Frozen Food Via E-Commerce Platforms Fuels South & Central America Frozen Bakery Products Market

The emergence of e-commerce has transformed the way people shop and purchase food products. Increasing penetration of the Internet and smartphones, growing purchasing power of consumers, rising convenience provided by online retail shopping platforms, and rapid access to emerging technologies are among the key factors bolstering e-commerce.

The online sales of food and beverages were driven significantly during the COVID-19 outbreak due to the shutdown of brick-and-mortar stores and the imposition of several social restrictions by governments. Consumers continue to prefer buying frozen food via online retail channels.

With the rising penetration of e-commerce across the globe, the manufacturers of frozen bakery products are enhancing their online presence by selling products through Amazon, Tesco, Walmart, and other established e-commerce platforms. The growing adoption of e-commerce platforms is eliminating the dependency on offline retail stores. Thus, the increasing sales of frozen food products via e-commerce platforms are expected to provide lucrative opportunities for frozen bakery product manufacturers to reach a wide consumer base during the forecast period.

South & Central America Frozen Bakery Products Market Overview

The demand for frozen food products, such as frozen bakery products, in South & Central America is rising owing to the advancements in the food retail sector, increasing consumer access to distinct frozen food products, and changing consumer lifestyles. Frozen bakery products offer an attractive ingredient option to consumers due to the long shelf life and ease of preparation of products compared to freshly baked goods. In addition, the expansion of modern retail channels such as supermarkets and hypermarkets make frozen bakery products accessible to consumers. As the region continues to urbanize and adopt modern lifestyles, the key market players continue to expand their presence in the region. In September 2024, Grupo Bimbo signed an agreement to acquire Wickbold, a Brazilian bakery offering a diverse range of special breads. This business strategy creates a lucrative opportunity for the company to expand its bakery product portfolio in Brazil. Thus, the trends are expected to drive the frozen bakery products market in South & Central America.

South & Central America Frozen Bakery Products Market Revenue and Forecast to 2031 (US$ Million)

South & Central America Frozen Bakery Products Market Segmentation

The South & Central America frozen bakery products market is categorized into product type, category, distribution channel, and country.

Based on product type, the South & Central America frozen bakery products market is segmented into breads and rolls, cakes and pastries, biscuits and cookies, and others. The breads and rolls segment held the largest market share in 2023.

In terms of category, the South & Central America frozen bakery products market is bifurcated into gluten-free and conventional. The conventional segment held a larger market share in 2023.

By distribution channel, the South & Central America frozen bakery products market is categorized into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held the largest market share in 2023.

By country, the South & Central America frozen bakery products market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America frozen bakery products market share in 2023.

Grupo Bimbo SAB de CV, Rhodes International Inc, General Mills Inc, Pepperidge Farm Inc, Bridgford Foods Corp, Conagra Brands Inc, Cole's Quality Foods Inc, Sara Lee Frozen Bakery LLC, T. Marzetti Company, The Edwards Baking Company, are among the leading companies operating in the South & Central America frozen bakery products market.

Product Code: TIPRE00023625

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. South and Central America Frozen Bakery Products Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Frozen Bakery Product Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 Distribution Channels

5. South and Central America Frozen Bakery Products Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Demand for Frozen and Convenience Food
- 5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraints
- 5.2.1 Risk of Contamination
5.3 Market Opportunities
- 5.3.1 Escalating Sales of Frozen Food Via E-Commerce Platforms
5.4 Future Trends
- 5.4.1 Rising Consumer Preference for Gluten-Free Products
5.5 Impact of Drivers and Restraints:

6. Frozen Bakery Products Market - South and Central America Analysis

6.1 South and Central America Frozen Bakery Products Market Revenue (US$ Million), 2021-2031
6.2 South and Central America Frozen Bakery Products Market Forecast Analysis

7. South and Central America Frozen Bakery Products Market Analysis - by Product Type

7.1 Breads and Rolls
- 7.1.1 Overview
- 7.1.2 Breads and Rolls: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Cakes and Pastries
- 7.2.1 Overview
- 7.2.2 Cakes and Pastries: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Biscuits and Cookies
- 7.3.1 Overview
- 7.3.2 Biscuits and Cookies: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. South and Central America Frozen Bakery Products Market Analysis - by Category

8.1 Gluten-Free
- 8.1.1 Overview
- 8.1.2 Gluten-Free: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Conventional
- 8.2.1 Overview
- 8.2.2 Conventional: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. South and Central America Frozen Bakery Products Market Analysis - by Distribution Channel

9.1 Supermarkets and Hypermarkets
- 9.1.1 Overview
- 9.1.2 Supermarkets and Hypermarkets: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Convenience Stores
- 9.2.1 Overview
- 9.2.2 Convenience Stores: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Online Retail
- 9.3.1 Overview
- 9.3.2 Online Retail: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Others
- 9.4.1 Overview
- 9.4.2 Others: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. South and Central America Frozen Bakery Products Market - Country Analysis

10.1 South and Central America
- 10.1.1 South and Central America Frozen Bakery Products Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 South and Central America Frozen Bakery Products Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 Brazil: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 Brazil: South and Central America Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.2.2 Brazil: South and Central America Frozen Bakery Products Market Share - by Category
    - 10.1.1.2.3 Brazil: South and Central America Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.3 Argentina: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Argentina: South and Central America Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.3.2 Argentina: South and Central America Frozen Bakery Products Market Share - by Category
    - 10.1.1.3.3 Argentina: South and Central America Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.4 Rest of South and Central America: South and Central America Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 Rest of South and Central America: South and Central America Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.4.2 Rest of South and Central America: South and Central America Frozen Bakery Products Market Share - by Category
    - 10.1.1.4.3 Rest of South and Central America: South and Central America Frozen Bakery Products Market Share - by Distribution Channel

11. Competitive Landscape

11.1 Heat Map Analysis by Key Market Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Collaboration
12.3 Expansions
12.4 New Launch
12.5 Mergers & Acquisitions

13. Company Profiles

13.1 Grupo Bimbo SAB de CV
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Rhodes International Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 General Mills Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Pepperidge Farm Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Bridgford Foods Corp
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Conagra Brands Inc
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Cole's Quality Foods Inc.
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Sara Lee Frozen Bakery LLC
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 T. Marzetti Company
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 The Edwards Baking Company
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners