Analysis of Frozen Bakery Market applications and companies’ active in the industry

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Frozen Bakery Market size to cross 25 billion by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Frozen Bakery Market

• Frozen cakes pastries are expected to dominate
  the product market from 2017 to 2024. Increase in
  import and exports of these products in regions
  such as Europe and North America will complement
  its growing market share worldwide. Additionally,
  cakes pastries with low protein wheat and
  higher gluten-starch ratio have witnessed
  popularity and will contribute significantly to
  the product industry. Frozen cakes are further
  segmented into pancakes, muffins and pound cakes.
• Supermarket hypermarket segment is estimated to
  surpass market value of USD 9 billion in 2024 in
  the market. Supermarkets have been successful in
  acquiring substantial share in the market as they
  offer assorted products at low prices
  manufactured by major bakeries. They also have
  in-store bakeries that produce a variety of baked
  products. Increasing population and one roof
  shopping solution provided by supermarket and
  hypermarket are expected to maintain the
  channels market share.

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Continued...

• Asia Pacific will grow at a significant pace and
  account for a share of more than 20 in the
  market. Positive outlook of the region is
  attributed to consumers inclination toward
  frozen products from regular items in their meal.
  Additionally, frozen food adoption is increasing
  owing to its benefits of ease in availability,
  better quality, environment friendly
  manufacturing, and reasonable pricing.
• The consumption of frozen bakery products in
  Middle East Africa is projected to exceed 220
  kilo tons in 2024. Factor driving consumption of
  these products in this region is consumers shift
  of dietary preferences to ready-to-eat products
  due to their hectic life schedule. Furthermore,
  escalating number of retail chains has given a
  boost to availability of these products.

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Europe frozen bakery market size, by distribution
channel, 2013 - 2024 (USD Billion)

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360 Analysis

• Application Trends
• Frozen bakery products contribute a substantial
  share in frozen food market due to the rise in
  demand for ready to thaw and ready to bake frozen
  products. These products offer quick service by
  retaining both quality and freshness
  characteristics. Companies have achieved a
  competitive edge through these products by
  offering them in quick service restaurants, gas
  stations, coffee chains, and in-store bakeries.
• Regional Trends
• Europe is anticipated to contribute significantly
  to the global product market during the forecast
  period. Rising catering and tourism industry in
  Germany, the UK, and France will offer promising
  growth in the region in the next seven years. The
  regional market is driven by growing demand for
  bake-off and thaw and serve products that
  provide ease to quick service restaurants,
  grocery stores, retail bakeries, and households.
• Competitive Market Share
• Key manufacturers in global frozen bakery market
  are Conagra Brands Inc., Vandemoortele N.V.,
  Lantmannen Unibake International, Kellogg
  Company, Associated British Foods plc, Grupo
  Bimbo, General Mills, Inc., Europastry, S.A.,
  Aryzta AG, Coles Quality Foods, Inc, Flowers
  Foods, General Waffel Manufactory, American
  Desserts and more.

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