Global Frozen Bakery Product Market – Industry Trends and Forecast to 2030

Frozen Bakery Products Market Analysis and Size

The bakery industry is one of the world's largest food industries, with a wide range of production scales and processes. The rapid expansion of the bakery processing industry has created new opportunities for innovative manufacturing and processing techniques. The rising per capita consumption of bakery products indicates the market's untapped growth potential for frozen bakery products.

Data Bridge Market Research analyses that the global frozen bakery product market was valued at USD 23.43 billion in 2022 and is expected to reach the value of USD 35.98 billion by 2030, at a CAGR of 6.2% during the forecast period of 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Frozen Bakery Products Market Scope and Segmentation

Market Definition

Frozen bakery products have a frozen shelf life of 6-18 months because they prevent the movement of the water contained in the product, turning water into ice crystals and preventing microbiological degradation of food.

Global Frozen Bakery Products Market Dynamics

Drivers

• Rising Popularity of Low-Fat Bakery Products

The rising tide of convenience food consumption began in Western countries and quickly spread to other parts of the world. Consumers prefer convenience foods because they are easy to eat and have nutritious content, versatility, and commodity appeal. Consumers are spending less time planning and cooking at home due to changing habits, as they perceive food preparation at home to be a time-consuming and energy-consuming process.

• Rising Disposable Income and Rising Urbanisation

Another important factor is the growing demand for longer shelf life, and frozen bakery products meet both of these needs, which will accelerate the frozen bakery products market's growth rate. The rise in disposable income and increasing urbanization will boost the frozen bakery products market's growth rate.

Opportunity

• Functional and Health-Boosting Varieties in Global Frozen Bakery Products

Consumers are increasingly seeking frozen bakery products that go beyond traditional options. Products fortified with added protein, dietary fiber, vitamins, minerals, or probiotics are gaining popularity. These functional ingredients provide benefits like improved digestion, energy enhancement, and overall well-being, aligning with the health-conscious preferences of today's consumers.

 Restraint

• Distribution and Cold Chain Logistics

One significant restraint in the global frozen bakery products market is the intricate and demanding nature of distribution and cold chain logistics. The inherent challenge lies in maintaining the integrity of frozen products from their production facilities to the ultimate point of consumption. This poses several hurdles:

Adhering to the concept of a "cold chain" is vital. This means maintaining consistent low temperatures from the moment products are frozen until they reach the consumer. Any interruptions or temperature fluctuations during transportation and storage can lead to thawing and spoilage, jeopardizing both product quality and safety.

This frozen bakery product market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the frozen Bakery Products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• Baker & Baker, a European bakery products manufacturer, will launch its first vegan product line in February 2022. Cookies, doughnuts, and muffins are among the new vegan offerings. With a shelf life of two to five days, the products are thawed and served or baked frozen
• Griddle, a frozen baked goods company, introduced new frozen vegan toaster waffles in February 2022. The waffles come in three flavors: original, blueberry, and chocolate chip. The products have 40% less sugar than the average waffle. They are made with all-natural ingredients and do not contain any artificial colors, flavors, or preservatives
• Dawn Foods will expand its gluten-free offerings in June 2021 with a line of frozen gluten-free sweet bakery products, including injected muffins and chocolate brownies, all made with Dawn's gluten-free mixes and fillings. A Double Chocolate Filled Muffin made with decadent Belgian white and dark chocolate chunks is part of the new gluten-free frozen range

Global Frozen Bakery Product Market Scope

The global frozen bakery product market is segmented on the basis of product type, category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Breads & Rolls
• Pizza & Pizza Crust
• Cakes & Pastries
• Cookies & Biscuits
• others

Distribution channel

• Supermarket/Hypermarket
• Convenience Stores
• Cafes & Bakery Shops
• Online
• Others

Global Frozen Bakery Product Market Regional Analysis/Insights

The global frozen bakery product market is analysed, and market size insights and trends are provided by country, product type, category and distribution channel as referenced above.

The countries covered in the global frozen bakery product market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa.

Europe is expected to have the largest share of the global frozen bakery product market, followed by North America and Asia-Pacific. Europe's large market share is primarily attributed to the region's population's huge demand for bakery products due to bakery products being their staple food for many decades, the region's well-established cold chain, rising preference for innovative food products due to high human development, and the presence of many key players in this region. During the forecast period, however, the Asia-Pacific region is expected to grow the fastest.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.    

Competitive Landscape and Global Frozen Bakery Product Market Share Analysis

The global frozen bakery product market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global frozen bakery product market.

Some of the major players operating in the global frozen bakery product market are:

• Kellogg Co. (U.S.)
• dnb. co. in (U.S.)
• Conagra Brands, Inc. (U.S.)
• London Dairy Co. Ltd (U.K.)
• Danone SA (France)
• ADM (U.S.)
• Daiya Foods Inc. (Canada)
• Grupo Bimbo S.A.B.de C.V.(Mexico)
• Associated British Foods PLC (U.K.)
• General Mills Inc. (U.S.)
• Lantmännen Unibake (Denmark)
• Aryzta AG (Switzerland)
• Vandemoortele NV (Belgium)
• Europastry S.A. (Spain)
• Cole’s Quality Food Inc. (U.S.)

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