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