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Global Frozen Bakery Product Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Food & Beverage
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Frozen Bakery Product Market By Product Type (Breads & Rolls, Pizza & Pizza Crust, Cakes & Pastries, Cookies & Biscuits and others), By Category (Conventional and Gluten-Free), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Cafes & Bakery Shops, Online, Others), – Industry Trends and Forecast to 2029

Frozen Bakery Product Market

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 frozen bakery product market was valued at USD 22.3 billion in 2021 and is expected to reach the value of USD 35.01 billion by 2029, at a CAGR of 5.8% during the forecast period of 2022-2029.

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.

Report scope and market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Breads & Rolls, Pizza & Pizza Crust, Cakes & Pastries, Cookies & Biscuits and others), By Category (Conventional and Gluten-Free), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Cafes & Bakery Shops, Online, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

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

Opportunities

  • Growth and expansion of the e-commerce sector
  • Wide variety of products and flavours
  • Rising disposable income and easy availability of products

Frozen Bakery Product Market Dynamics

Drivers

  • Rising popularity of low-fat Bakery Products

The rising tide of convenience food consumption began in the 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 urbanisation will boost the frozen bakery products market's growth rate

Opportunity

The increasing popularity of convenience foods and the rising number of job seekers is expected to drive demand for frozen baking items. The frozen bakery market offers well-established in-store bakeries, coffee shops, cafes, and quick-service restaurants. These outlets are quickly recognizing the opportunity associated with frozen baked goods: greater comfort, affordability, and a wide range of product variability. The rise in demand for frozen baking products is paving the way for explosive growth in the packaged food industry, and vice versa. The introduction of a wide range of innovative frozen baking products has also contributed to this.

Restraints

Consumers believe that food products that have been processed for a year or more before consumption cannot be nutritious. As frozen food products are thought to be low in nutrition, consumers prefer freshly baked products. This is due to the perception that their nutritional value deteriorates during refrigeration, which significantly limits market growth. Inefficient cold chains in some developing and underdeveloped countries, maintaining a constant temperature for frozen bakery products can be difficult. This is expected to be a major impediment to the growth of the frozen bakery product market.

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.

COVID-19 Impact on Frozen Bakery Product Market

COVID-19 has had a significant impact on the market. Consumer purchasing habits have shifted. Consumers were becoming more health-conscious, and they were eating a balanced diet. Consumers were also using e-commerce websites to buy bakery products because bakeries, retail stores, and other businesses were closed due to lockdowns around the world. Lantmannen Unibank International, one of the industry's largest players, saw a drop in sales during the pandemic. According to the company, the drop in sales was primarily caused by the closure of numerous bakeries around the world.

Recent Development

  • 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 from frozen.
  • Griddle, a frozen baked goods company, introduced new frozen vegan toaster waffles in February 2022. The waffles come in three flavours: 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 colours, flavours, 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.

Frozen Bakery Product Market Scope

The 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

Category

Distribution channel

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

Frozen Bakery Product Market Regional Analysis/Insights

The 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 frozen bakery product market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe is expected to have the largest share of the 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, 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, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Frozen Bakery Product Market Share Analysis

The 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 frozen bakery product market.

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

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


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Frequently Asked Questions

The current market value in 2021 is USD 22.3 billion.