Global Frozen Bakery Market 2021 is expected to register a CAGR of 8%, during forecast period with Impact of Covid 19 Analysis

Frozen

Global “Frozen Bakery Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Frozen Bakery in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Frozen Bakery Market report categorizes the market based on manufacturers, regions, type, and application. Frozen Bakery Market reports offer a detailed assessment of the Frozen Bakery including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Frozen Bakery market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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Market Insights

The global frozen bakery products market was valued at USD 16543.47 million in 2017 and is expected to register a CAGR of 8.0% during the forecast period (2018-2023). The intra-industry competitiveness is high and affects the market. Consumer demand is, however, affected by quality and health concerns. The growing food service market has encouraged the increasing consumer demand for frozen bakery market.

Demand for Convenience in Bakery Products

The convenience factor associated with frozen bakery products is also complemented by the on-the-go snacking trend. The food service sector has been rapidly diversifying their product portfolio to include ready-to-bake and ready-to-thaw frozen baked goods. The demand for such convenient foods has been increasing from rapidly emerging cafes, restaurants, in-store bakeries, and coffee shops that typically procure frozen baked goods and thaw or bake them to provide instant delicacies.
The rise of specialty frozen baked goods is complemented by the healthy offerings associated with it. Baking establishments are increasingly providing specialty baked goods that are gluten-free, dairy-free, peanut-free, and soy protein-free to access and capture the health-conscious consumer segment. The microbiological spoilage of frozen baked goods by molds, yeast, and bacteria leads to consumers opting for safer alternatives in fresh baked goods. The quality and health-conscious consumers are inclining towards fresh-baked delicacies and artisanal bakers to experience indulgence and satiety.

Frozen Cake the Fastest Growing Segment

Frozen bakery products have grown in popularity due to their ease of preparation, similarity to homemade products, and convenience. Consumer preference for artistic cakes is dominant during festive occasions. Increased demand for exotic flavors in frozen cakes is driving the frozen cake market, which is expected to register a CAGR of 8.9% during the forecast period. The consumption of frozen cakes and pastries in developed regions is mostly because of their convenience and health attributes. There is a growing popularity for to-go cake products.
Scratch baking is labor intensive and requires a long time. The industry is shifting from traditional baking to bake-off technologies (BOT). Three key BOTs are unfermented frozen dough (UFD), partially baked frozen bread (PBF), and partially baked unfrozen bread (PBUF). Frozen semi-baked goods and ready-to-bake goods are also an important product segment for the food industry, especially for the hotels and catering industry. The ready-to-bake frozen bakery products market is expected to register a CAGR of 8.6% during the forecast period.

Asia-Pacific is the Fastest Growing Region

Europe leads the global bakery market as does the frozen bakery industry. Morning goods is the most dominating segment in the industry. People prefer convenient and grab-and-go products in the breakfast menu and this has favored the increasing demand for frozen bakery products. Availability of gluten-free frozen baked goods has helped the growth of the market.
The Asia-Pacific region is expected to grow at a CAGR of 8.6% during 2018-2023. India is witnessing a growing demand for frozen bakery products. Frozen bakery in North America is growing in the frozen par-baked bread market. “Par-baked” products are baked to within 90% of completion, then quickly frozen and shipped to customers for the final 12-15 minutes of baking.
Health consciousness and indulgence are two parallel trends dominating the United States bakery products market. The developed markets of Western Europe are mature and saturated as compared to the emerging markets of Eastern Europe, which are driving the sales of biscuits and breads, owing to the high demand for convenient food products.

Key developments

• November 2017 – Europastry will have expanded its presence on Ulabox and Foodinthebox, two online sales platforms aimed at end customers.
• November 2017 – General Mills manufactured baking mixes and frozen baked goods with no artificial flavors or colors for its Gold Medal and Pillsbury brands.
• February 2017 – Grupo Bimbo acquired Panattiere, a Colombia-based frozen bakery company. This acquisition will provide an opportunity for the company to increase its footprint in the market by entering foodservice and in-store bakery channels.

Competitive Landscape

Major players – ALPHA BAKING COMPANY, INC., ARYZTA AG, ASSOCIATED BRITISH FOODS PLC, BARILLA HOLDINGS SPA, BRIDGFORD FOODS CORPORATION, CONAGRA BRANDS, INC., CUSTOM FOODS, INC., EUROPASTRY, GENERAL MILLS, INC., GRUPO BIMBO and KELLOGG COMPANY, among others.

There is a cutthroat competition as several players are trying to incorporate unique flavors wrapped in unique packaging. Furthermore, the biscuit manufacturers are trying to tap into the emerging wave of health foods by using healthy raw materials.

Reasons to Purchase this Report

• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
• Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,

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The global Frozen Bakery market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Frozen Bakery Market Report covers the Top Key-players in 2021:-

  • Alpha Baking Company
  • Inc.
  • Aryzta AG
  • Associated British Foods PLC
  • Barilla Holdings Spa
  • Bridgford Foods Corporation
  • Conagra Brands
  • Inc.
  • Custom Foods
  • Inc.
  • Europastry
  • General Mills
  • Inc.
  • Grupo Bimbo
  • Kellogg Company

Highlighted points of Frozen Bakery Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

Inquire more and share questions if any before the purchase on this report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12887226

This Frozen Bakery Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Frozen Bakery? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Frozen Bakery Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Frozen Bakery Market? What Was Capacity, Production Value, Cost and PROFIT of Frozen Bakery Market?
  • What Is Current Market Status of Frozen Bakery Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Frozen Bakery Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Frozen Bakery Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Frozen Bakery Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Frozen Bakery Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Frozen Bakery Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Frozen Bakery Industry?

Key Developments in the Frozen Bakery Market:

  • November 2017 – Europastry will have expanded its presence on Ulabox and Foodinthebox, two online sales platforms aimed at end customers.
  • November 2017 – General Mills manufactured baking mixes and frozen baked goods with no artificial flavors or colors for its Gold Medal and Pillsbury brands.
  • February 2017 – Grupo Bimbo acquired Panattiere, a Colombia-based frozen bakery company. This acquisition will provide an opportunity for the company to increase its footprint in the market by entering foodservice and in-store bakery channels.
    Competitive Landscape
    M

    Reasons to Purchase this Report

  • Analyzing outlook of the market with the recent trends and Porters five forces analysis
  • Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
  • Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)

    Purchase this report (Price 4250 USD for a single-user license) @ https://www.360marketupdates.com/purchase/12887226

    Finally, the report Global Frozen Bakery Market 2021 describes the Frozen Bakery industry expansion game plan, the Frozen Bakery industry knowledge supply, appendix, analysis findings, and the conclusion.

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