Asia Pacific Frozen Bakery Products Market Forecast to 2031 - Regional Analysis - by Product Type, Category, and Distribution Channel

Description

List of Tables

The Asia Pacific frozen bakery products market was valued at US$ 2,658.53 million in 2023 and is expected projected to reach US$ 4,250.98 million by 2031; it is estimated to register a CAGR of 6.0% from 2023 to 2031.

Escalating Sales of Frozen Food Via E-Commerce Platforms Boost Asia Pacific 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.

Asia Pacific Frozen Bakery Products Market Overview

In recent years, consumer demand for frozen food has increased in Asia Pacific. China, India, Japan, and a few countries in Southeast Asia are witnessing a growing demand for frozen bakery products. The expansion of e-commerce platforms and improved cold chain logistics have also made the products widely accessible. In China, the demand for ready-to-eat foods, such as canned foods, frozen and refrigerated foods, and meal kits or prepared dishes, has increased. The government support and funding for the food processing sector and investments in infrastructure play a significant role in driving the market. In India, the government invests in building long-term cold storage and distribution hubs of up to 5,000 MT capacity under the Mission for Integrated Development of Horticulture scheme. It includes credit-linked subsidies, amounting to 35% of the capital cost of the project or 50% in northeast and hilly areas. Thus, the market is expanding rapidly, supported by changing lifestyles, technological advancements, and increased consumer awareness in Asia Pacific.

Asia Pacific Frozen Bakery Products Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Frozen Bakery Products Market Segmentation

The Asia Pacific frozen bakery products market is categorized into product type, category, distribution channel, and country.

Based on product type, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific frozen bakery products market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific 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, and The Edwards Baking Company are some of the leading companies operating in the Asia Pacific frozen bakery products market.

Product Code: TIPRE00016316

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. Asia Pacific 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. Asia Pacific 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 - Asia Pacific Analysis

6.1 Asia Pacific Frozen Bakery Products Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Frozen Bakery Products Market Forecast Analysis

7. Asia Pacific Frozen Bakery Products Market Analysis - by Product Type

7.1 Breads and Rolls
- 7.1.1 Overview
- 7.1.2 Breads and Rolls: Asia Pacific 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: Asia Pacific 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: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Asia Pacific Frozen Bakery Products Market Analysis - by Category

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

9. Asia Pacific Frozen Bakery Products Market Analysis - by Distribution Channel

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

10. Asia Pacific Frozen Bakery Products Market - Country Analysis

10.1 Asia Pacific
- 10.1.1 Asia Pacific Frozen Bakery Products Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 Asia Pacific Frozen Bakery Products Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 China: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 China: Asia Pacific Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.2.2 China: Asia Pacific Frozen Bakery Products Market Share - by Category
    - 10.1.1.2.3 China: Asia Pacific Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.3 Japan: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Japan: Asia Pacific Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.3.2 Japan: Asia Pacific Frozen Bakery Products Market Share - by Category
    - 10.1.1.3.3 Japan: Asia Pacific Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.4 India: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 India: Asia Pacific Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.4.2 India: Asia Pacific Frozen Bakery Products Market Share - by Category
    - 10.1.1.4.3 India: Asia Pacific Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.5 Australia: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.5.1 Australia: Asia Pacific Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.5.2 Australia: Asia Pacific Frozen Bakery Products Market Share - by Category
    - 10.1.1.5.3 Australia: Asia Pacific Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.6 South Korea: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.6.1 South Korea: Asia Pacific Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.6.2 South Korea: Asia Pacific Frozen Bakery Products Market Share - by Category
    - 10.1.1.6.3 South Korea: Asia Pacific Frozen Bakery Products Market Share - by Distribution Channel
  - 10.1.1.7 Rest of APAC: Asia Pacific Frozen Bakery Products Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.7.1 Rest of APAC: Asia Pacific Frozen Bakery Products Market Share - by Product Type
    - 10.1.1.7.2 Rest of APAC: Asia Pacific Frozen Bakery Products Market Share - by Category
    - 10.1.1.7.3 Rest of APAC: Asia Pacific 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