The frozen bakery products market is estimated to be worth USD 21.8 billion in 2021 and is expected to grow at a CAGR of 5.6% to reach USD 28.7 billion by 2028. Frozen bakery products have been growing in popularity because of their ease of preparation and their time and cost. -Efficiency. Demand for frozen baked goods is expected to remain high due to increased consumer awareness and busier schedules. The increase in the hectic lifestyle of consumers in developed regions is a key factor that encourages the purchase of hassle-free and ready-to-bake frozen bakery products.
A few frozen baked goods are bread and rolls, cakes and pastries, biscuits and cookies. These products are mainly derived from wheat, rice and barley. Frozen bakery products are gradually becoming an essential part of the daily diet, especially in Europe and North America.
The report offers up-to-date analysis regarding the current global market scenario, latest trends and drivers, and overall market environment. The market is driven by new product launches, the shelf life offered by frozen baked goods, and the growing demand for ready-to-eat food products.
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Market share analysis:
The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.
The competitive scenario provides an analysis of the prospects of the various business growth strategies adopted by the vendors. The news covered in this section provides valuable insights at various stages while keeping abreast of business news and engaging stakeholders in the economic debate. The competitive scenario represents press releases or company news categorized into merger and acquisition, agreement, collaboration and partnership, new product launch and improvement, investment and funding, and awards, recognition and expansion. All the news gathered helps the vendor to understand the gaps in the market and the strength and weakness of the competitors, thus providing insights to improve the product and service.
Based on product type, the frozen bakery products market is segmented into breads & rolls, cakes & pastries, biscuits & biscuits, and others. The bread and rolls segment accounted for the largest market share in 2020. However, the biscuits and biscuits segment is expected to register the highest CAGR in the market during the forecast period. Biscuits and biscuits are mostly made from ingredients such as flour, sugar, and oil or fat. There are many additional fixings in cookies and cookies such as chocolate, oats, raisins, almonds, cashews and pistachios. Baked cookies are frozen in a single layer or on a baking sheet. Once the individual cookies are frozen, they can be stored in an airtight container with a flat bottom. Layers are separated with parchment or waxed paper to prevent cookies from sticking together. Cookie dough is frozen depending on the source of the dough, as well as the ingredients used.
Based on region, the frozen bakery products market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. In 2020, Europe accounted for the largest market share. Frozen baked goods can be prepared easily as they require minimal time for cooking and baking. Hence, the demand for these products is increasing in the region. Additionally, rising demand for ready-to-eat food products owing to busy work schedules is driving the growth of the market in the region. According to a report by Food Drink Europe, the food and drink industry in Europe accounted for a turnover of US$1,463.5 billion in 2020, making it one of the largest manufacturing industries in the world. ‘Europe. The growth of this industry is driven by the growing demand for comfort foods, frozen foods and convenience foods. Additionally, the restaurant industry is expected to witness notable growth in the coming years, driving the rising trend of cloud kitchen services, quick service restaurants, online food delivery services and others. similar factors in Europe. The foodservice industry is one of the most potential end-use industries for the frozen bakery products market. This factor is expected to further boost product demand in the coming years.
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia-Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)
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2. Main Takeaways
3. Research methodology
4. Global Frozen Bakery Products Market Landscape
5. Key Market Dynamics of Frozen Bakery Products Market
6. Frozen Bakery Products – Global Market Analysis
7. Frozen Bakery Products Market Analysis by Type
8. Frozen Bakery Products Market Analysis by Category
9. Frozen Bakery Products Market Analysis by End Use
10. Geographical Analysis of Frozen Bakery Products Market
11. Overview – Impact of the coronavirus outbreak
12. Industry Landscape
13. Business Profiles
List of paintings
List of Figures
The report answers questions such as:
1. What is the market size and forecast of the frozen bakery products market in the United States?
2. What are the inhibiting factors and impact of COVID-19 on the US frozen bakery products market during the forecast period?
3. What are the products/segments/applications/areas to invest in during the forecast period in the US Frozen Bakery Products Market?
4. What is the competitive strategic window for opportunities in the US Frozen Bakery Products Market?
5. What are the technological trends and regulatory frameworks in the frozen bakery products market in the United States?
6. What is the market share of the major vendors in the US frozen bakery products market?
7. What modes and strategic moves are considered suitable for entering the frozen bakery products market in the United States?
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