Frozen Bakery Products Market Latest Trends, Scope and Significant Growth by 2030

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Frozen Bakery Products Market to Reach US 37.9
Bn by 2029 FMI Report

• June 2020

Report Id REP-GB-11162 Published On Apr
09,2020 Category Food and Beverages
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Frozen Bakery Products Market Analysis
The frozen bakery market is projected to grow at
an very healthy CAGR of 7.4 during the forecast
period (2019-2029). A significant increase in
consumer demand for convenience foods, resulting
from hectic lifestyles is a predominant factor
driving the sales of frozen bakery products.
Emerging players are targeting millennial
consumers, who prefer the low-cost frozen bakery
items to increase their market share. The rising
demand from hotel and catering industries will
continue to boost growth of frozen bakery market,
reveals Future Market Insights (FMI). The
recent surge in catering and tourism has been a
key driver to growth across Europe, trends which
are not likely to change in the coming years,
says the FMI analyst.

• Frozen Bakery Market Key Takeaways
• Frozen bread will remain a leading product in the
  market, driven by the demand for convenience
  foods during the forecast period.
• Online channels of sales will gain significant
  CAGR through the forecast period, owing to high
  penetration of smartphones and the internet.

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Frozen Bakery Products Market Analysis

• Hypermarkets and supermarkets will account for
  majority market share, in terms of distribution
  channels.
• Europe will hold a leading position in the global
  market share, while Asia Pacific will display
  high growth.
• Frozen Bakery Market Key Driving Factors
• The prevalence of hectic lifestyles and the
  resultant consumer preference for convenience
  foods is a major growth driver.
• Rising demand from small- and large-scale coffee
  shops and food chains remains a key influencer.

• The expansion of the hotel and catering
  industries in recent years supports overall
  market growth.
• Easy year-round availability of frozen bakery
  goods is also a driver for global market growth.

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Frozen Bakery Products Market Analysis

• The global Frozen Bakery Products market is
  segmented in detail to cover every aspect of the
  market and present complete market intelligence
  to readers.
• By Type
• Bread
• Cakes Pastries
• Pizza
• Others
• By Distribution channel
• Supermarkets
• Hypermarkets
• Convenience Store
• Online

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Frozen Bakery Products Market Analysis

• By Region
• North America
• Latin America
• Europe
• East Asia
• South Asia 
• Frozen Bakery Market Key Constraints
• Volatility in the prices of raw materials will
  remain a challenge for market players.
• Higher preference among consumers for freshly
  baked products will also remain a major restraint
  for market players.
• Ask an Analyst _at_ https//www.futuremarketinsights.
  com/ask-the-analyst/rep-gb-11162

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Frozen Bakery Products Market Analysis
Competition Landscape Key players in the frozen
bakery market are Arytza AG, Dawn Food Products
Inc., Grupo Bimbo, General Mills, Cargill,
Lantmannen, Conagra brands, Coles Quality Food
Inc., Bridgford Foods Corporation, and
Europastry. Majority of these players are
investing in expanding their product portfolios
and optimizing their sourcing processes.
Moreover, mergers, acquisitions, and
collaborations with small-scale, local players is
a major strategy being adopted by market leaders.
More About the Report The FMIs market research
report of 300 pages offers comprehensive insights
on frozen bakery market. The market is analyzed
on the basis of product type (frozen cake and
muffins, frozen pastry, frozen bread and
biscuits, and frozen pizza crust), distribution
channels (hypermarkets and supermarkets, catering
and industrial, and online retailing), end user
(artisanal bakers, hotels and restaurants, bakery
chains, and food processing industries) across
seven key regions (North America, Latin America,
Europe, East Asia, South Asia, Oceania, and MEA).
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