Frozen Bakery Products Market
The global frozen bakery product manufacturers focus on merger and acquisitions to expand its operation in domestic as well as international markets.
PORTLAND, OR, US, July 21, 2023/EINPresswire.com/ — According to a new report published by Allied Market Research titled, “Frozen Bakery Products Market by Product Type, Source, End Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global frozen bakery products market size was valued at $33,870 million in 2017, and is projected to reach $49,118 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025. In 2017, the North America sector accounted for nearly 31.34% of the frozen bakery products market share.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐚𝐦𝐩𝐥𝐞 𝐰𝐢𝐭𝐡 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.alliedmarketresearch.com/request-sample/5179
The global frozen bakery products market is segmented into product type, source, end use, distribution channel, and region. Based on product type, the market is divided into breads, pizza crust, cakes and pastries, waffles, donuts, and cookies. The bread segment accounts for the highest market share attributable to increase in consumption of frozen breads in UK, Germany, and France. Some of the key players in the market focus on introducing innovative bakery products that cater to the requirement of its target customers. In terms of source, barley and rye account for highest market share due to increase in demand for raw material among the manufacturers.
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐀𝐫𝐞:
The key players profiled in this report include General Mills (Pillsburry), Aryzta AG, Grupo Bimbo S.A.B. de C.V., Europastry, S.A., Lantmannen Unibake International, Associated British Foods plc, Flower Foods Inc., TreeHouse Foods, Inc., Dawn Foods Products Inc., and Vandemoortele NV.
Frozen food products is one of the largest segments in global food industry. However, in the flow of cold chain for these kinds of products, it incurs higher profit margins from some of the key participants in the supply chain. This includes maintenance cost, transportation cost, infrastructure, and machineries. Thus, this have an adverse effect on the overall price of frozen products which eventually affects the overall volume sales for the product. This in turn restricts the frozen bakery products market growth.
𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝟏𝟓% 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/checkout-final/b025b7b9fd83ab1ce2d91afbb2d53b3a
Over the past couple of years, there is a surge in need for frozen ready meals, fruits, and vegetables in major parts of the globe owing to various health benefits associated with the product. This boosts the growth of the market in North America and Europe. Frozen food avoids the risk of any additives or preservatives. Moreover, these products come with longer shelf life as compared to other food products. Even in terms of price, frozen food products are often cheaper when compared with chilled or fresh food products.
These factors boost the frozen bakery products market growth. Moreover, the consumer seeks convenience to buy and cook and consume any product owing to the busy lifestyle. These products reduce the buying and cooking time for the end users, thus driving the growth of the frozen bakery products industry.
Over the years, there has been a rise in number of workforces in various demographic segments. There has been a gradual adoption of work lifestyle among women. As a result, majority of consumers around the world especially in the developed countries, seek food products that can be prepared easily. Owing to which, various convenient food products witness a significant demand over the past couple of years. This is expected to boost the growth of the market during the forecast period.
By distribution channel, the artisan baker segment generated the highest revenue in 2017, since majority of the consumers prefer buying frozen bakery products from these kinds of stores owing to the easy availability of the product.
The Europe frozen bakery products segment accounted for the highest market share in 2017 and is expected to maintain its dominant position throughout the forecast period.
𝐅𝐨𝐫 𝐅𝐮𝐫𝐭𝐡𝐞𝐫 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐭𝐨 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 : https://www.alliedmarketresearch.com/connect-to-analyst/5179
𝐁𝐫𝐨𝐰𝐬𝐞 𝐒𝐨𝐦𝐞 𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Refrigerated Snacks Market – https://www.alliedmarketresearch.com/refrigerated-snacks-market-A14320
Frozen Vegetables Market – https://www.alliedmarketresearch.com/frozen-vegetables-market
Bakery Enzymes Market – https://www.alliedmarketresearch.com/bakery-enzymes-market-A14368
Chilled and Deli Food Market – https://www.alliedmarketresearch.com/chilled-and-deli-food-market
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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