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Frozen Bakery Products Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Product (Frozen Bread, Frozen Pizza Crusts, Frozen Cakes And Pastries, Others), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061611913 Pages: 114    
The frozen bakery products market is projected to grow at a CAGR of 6.49% to reach US$25.830 billion in 2024 from US$17.712 billion in 2018. Bakery products are in high demand by the customers worldwide due to the changing lifestyle conditions and thus frozen bakery products have also come into vogue whereas conventional bakery products are kept frozen until their consumption. Frozen foods do not require preservatives as freezing does not allow microbial growth. Also, carboxymethyl cellulose (CMC), a stabilizer is used in bakery products as it does not cause any adulteration. The rising trend of the ready-to-eat, ready-to-bake food products, and ready-to-thaw baked foods are driving the growth of the global frozen bakery products market and are in high demand in cafes, restaurants, and in-store bakeries, and many fast-food restaurants as well. Additionally, the increasing demand for convenient food and products offered as instant delicacies will drive the market growth in the near future.
 
DRIVERS
Rising demand for convenience food products
Expanding retail industry
 
RESTRAINTS
Availability of alternatives
Lack of transport infrastructure in developing economies
 
INDUSTRY UPDATES
In July 2019, Sara Lee Frozen bakery launched Oakbrook terrace headquarters which is the opening of around ten thousand square foot research and development innovation center which is expected to focus on the innovation and expansion of new flavors and product lines for united states favorite bakery.
 
In September 2018, Grupo Bimbo inaugurates their Argentina plant after a USD31m expansion to facilitate export growth of four new lines for frozen baguettes, pastries, and croissants in neighboring countries like Chile.
 
The major players profiled in the Frozen bakery products market are EUROPASTRY, S.A., Aryzta AG, Speedibake, a division of ABF Grain Products Ltd., Cargill company, Bridgford Foods Corporation, Conagra Brands, Inc., Flowers Foods, Inc., Lantmännen Unibake, Dawn Food Products, Inc. and General Mills Inc.

Frozen Bakery Products Market Scope:

Report Metric Details
 Market size value in 2018  US$17.712 billion 
 Market size value in 2024  US$25.830 billion
 Growth Rate  CAGR of 6.49% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered   Product, Distribution Channel, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  EUROPASTRY, S.A., Aryzta AG, Speedibake, a division of ABF Grain Products Ltd.,   Cargill company, Bridgford Foods Corporation, Conagra Brands, Inc., Flowers Foods,   Inc., Lantmännen Unibake, Dawn Food Products, Inc., General Mills Inc.
 Customization scope  Free report customization with purchase

Segmentation

The Frozen bakery products market has been analyzed through the following segments:
 

By Product

Frozen Bread

Frozen Pizza Crusts

Frozen Cakes and Pastries

Others

By Distribution Channel

Online

Offline

By Geography

North America

USA

Canada

Mexico

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Others

 

Asia Pacific

China

Japan

South Korea

India

Others

Frequently Asked Questions (FAQs)

Q1. What will be the frozen bakery products market size by 2024?
A1. The frozen bakery products market is projected to reach a total market size of US$25.830 billion in 2024. 


Q2. What are the growth prospects for the frozen bakery products market?
A2. The global frozen bakery products market is projected to grow at a CAGR of 6.49% during the forecast period. 


Q3. What is the size of the global frozen bakery products market?
A3. Frozen Bakery Products Market was valued at US$17.712 billion in 2018. 


Q4. What factors are anticipated to drive the frozen bakery products market growth?
A4. The rising trend of ready-to-eat, ready-to-bake food products, and ready-to-thaw baked foods are driving the growth of the global frozen bakery products market. 


Q5. Who are the major players in the frozen bakery products market?
A5. The major players profiled in the Frozen bakery products market are EUROPASTRY, S.A., Aryzta AG, Speedibake, a division of ABF Grain Products Ltd., Cargill company, Bridgford Foods Corporation, Conagra Brands, Inc., Flowers Foods, Inc., Lantmännen Unibake, Dawn Food Products, Inc. and General Mills Inc.

 
1. Introduction
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. Research Methodology 
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Frozen Bakery Products Market By Product
5.1. Frozen Bread
5.2. Frozen Pizza Crusts
5.3. Frozen Cakes And Pastries
5.4. Others
6. Frozen Bakery Products Market By Distribution Channel
6.1. Online
6.2. Offline
7. Frozen Bakery Products Market By Geography
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East And Africa
7.4.1. Saudi Arabia
7.4.2. Other
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. Competitive Intelligence
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments And Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. Europastry, S.A.
9.2. Aryzta Ag
9.3. Speedibake, A Division Of ABF Grain Products Ltd.
9.4. Cargill Company
9.5. Bridgford Foods Corporation
9.6. Conagra Brands, Inc.
9.7. Flowers Foods, Inc.
9.8. Lantmännen Unibake
9.9. Dawn Food Products, Inc.
9.10. General Mills Inc.
LIST OF FIGURES
LIST OF TABLES
EUROPASTRY, S.A.
Aryzta AG
Speedibake, a division of ABF Grain Products Ltd.
Cargill company
Bridgford Foods Corporation
Conagra Brands, Inc.
Flowers Foods, Inc.
Lantmännen Unibake
Dawn Food Products, Inc.
General Mills Inc.

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