Global Frozen Pizza Market

Frozen Pizza Market Size, Share, Growth Analysis, By Crust Type(Regular Thin Crust, Extra Thin, Crust Deep-Dish, Others), By Topping(Meat, Vegetable), By Distribution Channel(Offline, Online), By Product Type(Regular, Medium, Large), By Region - Industry Forecast 2024-2031


Report ID: SQSG30I2002 | Region: Global | Published Date: July, 2036
Pages: 165 | Tables: 116 | Figures: 77

Frozen Pizza Market Insights

Frozen Pizza Market size was valued at USD 22.35 billion in 2019 and is poised to grow from USD 23.56 billion in 2023 to USD 28.67 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).

Pizza has gained massive popularity as classical dish across the world during the last couple of decades. Pizza is one of the popular foods among millennials, the young generation, and the working-class population because of its taste, flavor, and affordability. The changing lifestyle and food habits among the population is the key growth factor for the market. Apart from taste, these frozen products offer convenience and longer shelf life, which, in turn, is expected to fuel frozen pizza market growth over the forecast period.

Increasing attraction towards frozen pizza is due to the ease of offers in terms of customization, according to one’s own taste. For example, people choose crispy crusts and reheat the pizza and making it customized by their choice. Similarly, these pizzas can be heated and reheated in an oven, toaster, and grill to obtain a dish fit for everyone’s palate. Frozen pizzas have considered a food item that can be prepared easily and take less than 20 minutes to be prepared and contain a healthy dose of carbohydrates, protein, calcium, fats, and vitamins. People are often enjoyed frozen pizza with salads and fizz drinks making them perfect for small gatherings. Oftentimes, pizza is also called a “mixed dish” which has a blend of multiple flavors from cheese, sauce, veggies, fruits, and meat.

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

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FAQs

Frozen Pizza Market size was valued at USD 22.35 billion in 2019 and is poised to grow from USD 23.56 billion in 2023 to USD 28.67 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).

The Frozen Pizza market is fairly fragmented with a regional and unorganized players. Creating monopoly in market is quite difficult.  'Nestle', 'Dr. Oetker', 'Schwan's Company', 'Conagra Brands', 'General Mills Inc.', 'Kellogg Company', 'Amy's Kitchen', 'Palermo Villa Inc.', 'Newman's Own Inc.', 'McCain Foods Limited', 'Totino's', 'Home Run Inn', 'Sabatasso's', 'Red Baron', 'California Pizza Kitchen', 'Digiorno', 'Tombstone', 'Freschetta', 'Celeste', 'Tony's Pizza.'

Frozen pizza has a longer shelf life and extra preservatives to increase its durability. Consumers are now more aware of their health and wellness, and understand the requirements of food nutrients. This has resulted in a changing lifestyle and food consumption preferences among young people. 

Nowadays, more people are working from home and children are engaging in remote learning, they’re seeking convenient and fast-making meal solutions that can be consumed for both lunch and dinner. Multi-serve pizza has been a convenient and popular meal option for dinner and single-serve pizza has become increasingly popular for lunch.

North America is the dominating market of frozen pizza and more than 35% in the year 2021. Population and consumption-wise The United States and Canada are the largest consumers of frozen products. To understand the popularity of pizza, in the U.S that ‘National Pizza Day' is celebrated on the 9th of February, every year. It clearly shows that consumer trends are propelling the demand for the product in the regional market. The world’s largest populated region, the Asia Pacific is witnessing the fastest growth throughout the forecasted region. With the increasing popularity and adoption of western culture in developing countries like China, India, Bangladesh, and the Philippines, foreseen a high growth rate in the region over the forecast period.

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Global Frozen Pizza Market

Report ID: SQSG30I2002

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