Global Frozen Bakery Products Market

Frozen Bakery Products Market Size, Share, Growth Analysis, By Product (Breads, Pizza Crust), By Source (Corn, Wheat), By End Use (Retail, Food Service Industry), By Region -Industry Forecast 2024-2031


Report ID: SQMIG30I2408 | Region: Global | Published Date: December, 2024
Pages: 181 | Tables: 122 | Figures: 72

Frozen Bakery Products Market Regional Insights

North America leads in the frozen bakery products market. Bread, cakes, pastries, and pizza dough fall under the many frozen bakeries consumed in the existing frozen food industries of Canada and the United States. In this region, there is excellent demand for convenience foods given that consumers' busy lifestyle demands dishes that are both ready to eat and effortless to prepare. The well-developed retail infrastructure of North America has ensured the wide distribution of frozen bakery products. In addition, advancements in freezing and packaging technology have improved the quality and shelf life of frozen bakery products. As a result, North America continues to hold the top position in the frozen bakery products market.

Contrarily, Europe is expected to maintain its leadership during the forecast period, holding approximately 56.5% of the market share. As bread and pastries are integral to the cultures of many European countries, the region has a long history of producing bakery products. Frozen bakery products are in high demand as customers place a greater value on convenience. Per capita consumption in countries such as France, Germany, and the UK is huge, and Europe has an established base for the manufacture, distribution, and sale of frozen baked goods. In addition, the food service industry in Europe is booming and the continent's market leadership position is further enhanced by increasing demand for frozen baked goods in cafés, restaurants, and lodging facilities.

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Global Frozen Bakery Products Market size was valued at USD 23.6 Billion in 2022 and is poised to grow from USD 25.0 Billion in 2023 to USD 38.06 Billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

The frozen bakery products market has many cooperative and competitive individuals both regionally and globally. When it comes to big corporations in the industry, they are Nestlé, General Mills, and Aryzta, which are completely packed with goods in extensive variety and effective distribution networks. Due to the increasing demands from consumers for healthy to innovative solutions, there has been increased competition prompting companies to invest in research and development. Local players, too, are moving towards expansion to satisfy local tastes and convenience. 'Grupo Bimbo', 'General Mills Inc.', 'Aryzta Ag', 'Europastry, S.A.', 'Conagra Brands, Inc.', 'Associated British Foods Plc', 'Kellogg Company', 'Lantmannen Unibake International', 'Vandemoortele Nv', 'Premier Foods Group Ltd.', 'Cargill, Incorporated', 'Flowers Foods', 'Bridgford Foods Corporation', 'Cole's Quality Foods Inc.', 'Dawn Food Products Inc.'

The chief drivers for the frozen bakery market are the growth demands for convenience foods. Due to busy lifestyles and an insistence on fast, readymade food products, customers opt for frozen bakery products. These items prove to be ideal for time-strapped households and working individuals, as they are easy to stock, have a long shelf life, and require no cooking.

Glutton-Free and Health-Conscious Products: Among the main changes witnessed in the frozen bakery products market, there is an increased interest in healthy, gluten-free alternatives. Producers are introducing new healthier frozen bakery products as more and more consumers seek low-sugar, gluten-free, and organic products. The need for these products has inspired development in the industry that answers to changing dietary requirements and preferences.

North America leads in the frozen bakery products market. Bread, cakes, pastries, and pizza dough fall under the many frozen bakeries consumed in the existing frozen food industries of Canada and the United States. In this region, there is excellent demand for convenience foods given that consumers' busy lifestyle demands dishes that are both ready to eat and effortless to prepare. The well-developed retail infrastructure of North America has ensured the wide distribution of frozen bakery products. In addition, advancements in freezing and packaging technology have improved the quality and shelf life of frozen bakery products. As a result, North America continues to hold the top position in the frozen bakery products market.

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Global Frozen Bakery Products Market

Report ID: SQMIG30I2408

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