Global Frozen Bakery Market

Frozen Bakery Market Size, Share, Growth Analysis, By Product(Bread, Cakes & Pastries, Doughnuts & Pies, Pizza and Novelties), By Distribution Channel(Supermarkets & Hypermarkets, Convenience Stores, Bakery Stores, online), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30H2124 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 65 | Figures: 75

Frozen Bakery Market Insights

Frozen Bakery Market size was valued at USD 44.75 Billion in 2023 and is poised to grow from USD 46.63 Billion in 2024 to USD 64.81 Billion by 2032, growing at a CAGR of 4.20% during the forecast period (2025-2032).

The popularity of frozen baked products is growing, largely due to its positive characteristics, such as their price, ease of preparation, and accessibility. Frozen bakery goods are more widely used in comparison to traditional ones as they have a longer shelf life. Due to its easy defrost and baking abilities, there is an increase in demand, which supports market growth. These foods provide quick service without sacrificing flavor or freshness. In-store bakeries, coffee shops, fuel stations and quick-service restaurants are just a few of the establishments that buy these products from producers. The demand for frozen bakery is further anticipated to increase because of the year-round availability of these products.

The fast-food sector has expanded as a result of improvements in food processing techniques. The market for frozen baked goods is expected to rise as a result of a growing number of fast-food outlets and restaurants that cater to people who don't have time to prepare meals at home. In addition to the rising consumption of fast food, on-the-go eating is becoming more and more popular. The popularity of ready-to-eat meals will increase as people's lives get busier, promoting the expansion of the business in its entirety.

As technology in the bakery industry advances, frozen bakery items, including bread, are being manufactured at a rapid pace, giving consumers and companies the access to delicious and handy goods. The only equipment needed to prepare frozen baked goods is a basic oven or proofer; they don't need sophisticated facilities or specialized machinery. Bread can also only be baked when there is a shortage or when it is necessary. This factor is anticipated to force commercial bakery producers to make par-baked goods or frozen dough due to benefits like a smaller carbon footprint and less waste output, which may encourage market growth in the years to come.

The majority of clients choose freshness over price when buying bakery products. The belief that packaged food is unhealthy causes a substantial fraction of people to avoid precooked or ready-to-eat items. Large levels of harmful carbohydrates and fats are included in the majority of frozen bakery items. Frequently, partly hydrogenated oil that contains trans fats is used in the manufacturing of numerous frozen foods. The risk of high blood pressure and heart attacks increases with frequent eating of such foods. As a result, it is projected that growing health concerns would be a major barrier.

US Frozen Bakery Market is poised to grow at a sustainable CAGR for the next forecast year.

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Frozen Bakery Market size was valued at USD 42.95 billion in 2022 and is poised to grow from USD 44.75 billion in 2023 to USD 62.20 billion by 2031, growing at a CAGR of 4.20% during the forecast period (2024-2031).

The market is extremely competitive as a result of the abundance of national and international enterprises. The major manufacturers focus on product development and innovation to adjust to changing consumer tastes by offering outstanding product quality with few artificial additives and a variety of flavors. 'General Mills, Inc.', 'Kellogg Company', 'Nestle SA', 'Conagra Brands, Inc.', 'Dawn Food Products, Inc.', 'Rich Products Corporation', 'Lantmannen Unibake International', 'Bridor, Inc.', 'Grupo Bimbo SAB de CV', 'Aryzta AG', 'Vandemoortele NV', 'Europastry, S.A.', 'Pepperidge Farm, Inc.', 'J&J Snack Foods Corp.', 'Custom Foods, Inc.', 'Gonnella Baking Company', 'Maple Leaf Foods, Inc.', 'Schwan's Company', 'Cargill, Inc.', 'Tyson Foods, Inc.'

The growing demand for convenient food options and busy lifestyles are driving the demand for frozen bakery products as they offer quick and easy meal solutions.

Growing demand for gluten-free and organic frozen bakery products: Consumers are becoming increasingly health-conscious, and many are seeking out gluten-free and organic options in their food products. This trend is driving the growth of gluten-free and organic frozen bakery products.

Asia Pacific is predicted to expand at the fastest rate with a CAGR of 4.8% from 2022 to 2030 because of factors like the sedentary lifestyle, developing economies, and rising disposable income. The dynamics of traditional homes have changed as a result of the rising number of working women, which has markedly increased customer preference for convenience and prepared foods. For instance, the high proportion of working women in India's main urban centers spurred market expansion. In the following years, it is predicted that these variables will lead to a rise in product demand.

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Global Frozen Bakery Market

Report ID: SQMIG30H2124

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