Frozen Bakery Products Market Statistics 2025: Major Factors That May Increase Global Demand

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Frozen bakery products market

Growing demand for frozen foods around the world because they are nutritionally rich, have a longer shelf life and a growing preference for ready-to-eat food products are driving growth

PORTLAND, OR, UNITED STATES, Oct 25, 2021 /EINPresswire.com/ – Frozen Bakery Products Market By Product (Breads, Pizza Crust, Cakes & Pastries, Waffles, Donuts & Cookies), Source (Corn, Wheat, barley, and rye), end use (retail, catering industry and food processing industry) and distribution channel (artisan baker, retail, catering and online channel): Global opportunity analysis and forecast Industry, 2018 – 2025. ”The research offers a detailed analysis of changing market dynamics, key investment pockets, key segments and competition in the market. According to the report, the Global frozen bakery products market generated $ 33.87 billion in 2017 and is expected to reach $ 49.11 billion by 2025, with a CAGR of 4.2% from 2018 to 2025.

Increased demand for frozen foods as they are nutritionally rich and have a longer shelf life, increased preference for ready-made food products, demand for European bakery products in the Asia region- Pacific, an increasing number of high-end bakeries in developed countries and heavy investments in R&D activities to introduce new products are driving the growth of the market. However, the high operating costs of frozen food products in the cold chain process, the low water activity and the low pH value of frozen bakery products, which suggests a high possibility of micro-growth. organisms, hamper the growth of the market. Conversely, the rapid pace of life of consumers in search of convenient food products and the increasing demand for bakery products in Asia-Pacific creates new opportunities for market growth.

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Bread segment will dominate, waffles will experience the fastest growth

Among product types, breads segment captured more than a third of the market share in 2017 and is expected to maintain its lead in revenue until 2025. This is due to the widespread application of breads in various restaurant and retail sectors. However, the waffle segment would grow at the highest CAGR of 5.4% from 2018 to 2025.

Europe will dominate, Asia-Pacific will show the fastest growth

Europe captured more than a third of the market share in 2017 and is expected to dominate the market until 2025. However, Asia-Pacific is expected to register the fastest CAGR of 5.3% from 2017 to 2023 Other regions analyzed in the report include North America and LAMEA (Latin America, Middle East & Africa).

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Key industry players

Major market players analyzed in the research include General Mills (Pillsburry), Aryzta AG, Grupo Bimbo SAB de CV, Europastry, SA, Lantmannen Unibake International, Associated British Foods plc, Flower Foods Inc., TreeHouse Foods, Inc., Dawn Foods Products Inc., and Vandemoortele NV. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions and others to gain a strong position in the industry.

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