The Worldwide Frozen Bakery Products Industry is Projected to Grow to $29.5 Billion by 2026 at a CAGR of 5.8% from 2021

DUBLIN, May 19, 2021 /PRNewswire/ — The «Frozen Bakery Products Market by Type (Bread, Pizza Crusts, Cakes & Pastries), Distribution…

DUBLIN, May 19, 2021 /PRNewswire/ — The «Frozen Bakery Products Market by Type (Bread, Pizza Crusts, Cakes & Pastries), Distribution Channel (Conventional Stores, Specialty Stores), and Form of Consumption (Ready-to-Proof, Ready-to-Bake, Ready-to-Eat) – Global Forecast to 2026» report has been added to ResearchAndMarkets.com’s offering.

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The frozen bakery products market is estimated at USD 22.3 billion in 2021 and is projected to grow at a CAGR of 5.8% to reach USD 29.5 billion by 2026.

Frozen bakery products have witnessed increased popularity due to their ease of preparation and time- & cost-efficiency. The demand for frozen bakery products is projected to remain high due to the increase in awareness and busier schedules of consumers. The increase in the busy lifestyle of consumers in developed regions is a key factor encouraging the purchase of hassle-free and ready-to-bake frozen bakery products.

The cakes & pastries segment, by type, is projected to witness the fastest growth in the market during the forecast period.

The frozen cake is a form of sweet-baked dessert consisting of flavored ingredients, such as fruit extracts. Specialty cakes are gaining popularity, with a high starch-gluten ratio and low-protein wheat. They are further segmented into sponge cakes, muffins, croissants, and pies & tarts. When stored longer than four months, cakes develop a sour flavor. However, those prepared using frozen batter do not produce a bad flavor even after four months of storage. Many pastry producers have started marketing single-serving frozen pastry products, keeping in mind the overall trend of improved convenience and shorter preparation time.

The ready-to-bake segment, by form of consumption, accounted for the largest share in 2020.

Based on form of consumption, the ready-to-bake segment is projected to hold the largest market share between 2021 and 2026. This is due to the increase in demand for pre-baked products that take less time during the baking process and offer the facility of making fresh bakery products. Ready-to-bake form of consumption offers the facility of making fresh bakery products. Consumers perceive them as fresher and more appealing than the wrapped products placed on store shelves that have a longer shelf life.

The food service providers segment, by distribution channel, is projected to grow at the highest CAGR during the forecast period.

Foodservice providers include restaurants, cafes, institutional foodservice channels, and industrial channels for value addition of frozen baked products. Due to the increase in the number of food service providers, such as national and international brands, in the hotel industry, the demand for frozen bakery products is estimated to increase. This is due to the changing lifestyle and growing demand for frozen and par-baked products in restaurants and other institutional food service outlets

High growth is projected in the Asia Pacific frozen bakery products market.

The Asia Pacific market is projected to be the fastest-growing market for the period considered for this study due to the strong potential for growth, given the large-scale urbanization and the increasing need for convenient food products in the megacities of China and India. The region’s enhanced industrialized growth over the years, followed by improvements in the food processing industry and cold chain networks, has created new growth opportunities in the frozen bakery products market. The growing middle-class population of the region, the increase in disposable income, and the demand for on-the-go and convenience food products are projected to drive the growth of the frozen bakery products market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Brief Overview of the Frozen Bakery Products Market

4.2 Frozen Bakery Products Market Share (Value), by Key Region/Country

4.3 Frozen Bakery Products Market, by Distribution Channel & Region

4.4 Europe: Frozen Bakery Products Market, by Type & Country

4.5 Frozen Bakery Products Market, by Form of Consumption

4.6 COVID-19 Impact on the Frozen Bakery Products Market

5 Market Overview

5.1 Introduction

5.2 Macroeconomic Indicators

5.2.1 Digitalization of the Retail Industry

5.2.2 Rise in the Number of Dual-Income Households

5.3 Market Dynamics

5.3.1 Drivers

5.3.1.1 Rise in Demand for Convenience Food Products

5.3.1.2 Developments in the Retail Industry

5.3.1.3 Scratch Baking to Become Obsolete

5.3.2 Restraints

5.3.2.1 Increase in Preference for Freshly Baked Products

5.3.2.2 Need for Constant Temperature Monitoring

5.3.3 Opportunities

5.3.3.1 Adoption of Individual Quick Frozen (Iqf) Technology to Maintain the Freshness of Frozen Bakery Products

5.3.3.2 Adoption of Microencapsulation Technology to Improve the Shelf Life of Frozen Bakery Products

5.3.4 Challenges

5.3.4.1 Lack of Transport Infrastructure Support in Emerging Markets

5.3.4.2 Volatility of Raw Material & Energy Costs

5.4 Impact of COVID-19 on Market Dynamics

5.4.1 COVID-19 to Drive the Demand for Convenient, Healthy, and Hygienic Frozen Bakery Products

5.4.2 COVID-19 Impact on the Frozen Bakery Products Supply Chain

6 Industry Trends

6.1 Introduction

6.2 Ecosystem Map and Supply Chain Analysis

6.2.1 Research & Product Development

6.2.2 Sourcing & Manufacturing

6.2.3 Packaging

6.2.4 Distribution, Marketing & Sales

6.2.5 Manufacturers

6.2.6 Raw Material Providers

6.2.7 Technology Providers

6.2.8 Start-Ups/Emerging Companies

6.3 Value Chain Analysis

6.4 Technology Analysis

6.4.1 Frozen Bakery Products and Iqf

6.4.2 Frozen Bakery Products and Microencapsulation

6.4.3 Frozen Bakery Products and Artificial Intelligence (Ai)

6.5 Average Selling Price Trend

6.6 Yc-Ycc Shift

6.7 Porter’s Five Forces Analysis

6.7.1 Frozen Bakery Products Market: Porter’s Five Forces Analysis

6.7.2 Threat of New Entrants

6.7.3 Threat of Substitutes

6.7.4 Bargaining Power of Suppliers

6.7.5 Bargaining Power of Buyers

6.7.6 Intensity of Competitive Rivalry

6.8 Patent Analysis

6.9 Case Study Analysis

6.9.1 Use Case 1: Cryogenic Flour Chilling System Helps Coles Make Quality Frozen Breads

6.9.2 Use Case 2: Newer Formulations with Nutrition-Dense Ingredients

6.10 Regulatory Frameworks

6.10.1 Asia-Pacific

6.10.2 China

6.10.3 India

6.10.4 Australia & New Zealand

6.10.5 Europe

6.10.6 North America

6.10.7 US

6.10.8 Canada

6.10.9 South Africa

6.10.10 Argentina

7 Frozen Bakery Products Market, by Specialty Type

7.1 Introduction

7.2 Specialty

7.2.1 Fortified

7.2.2 Gluten-Free

7.2.3 Organic

7.2.4 Low-Calorie

7.2.5 Sugar-Free

7.3 Non-Specialty

8 Frozen Bakery Products Market, by Type

8.1 Introduction

8.2 COVID-19 Impact on the Frozen Bakery Products Market, by Type

8.2.1 Optimistic Scenario

8.2.2 Realistic Scenario

8.2.3 Pessimistic Scenario

8.3 Bread

8.3.1 Increased Preference Among Consumers and Availability of Various Frozen Bakery Products to Drive the Market Growth

8.3.1.1 Buns

8.3.1.2 Donuts

8.3.1.3 Scones

8.3.1.4 Loaves

8.4 Pizza Crusts

8.4.1 Popularity of Pizza at Convenience Stores to Drive the Demand for Pizza Crusts Around the World

8.5 Cakes & Pastries

8.5.1 Increase in Demand for Single-Serving Frozen Pastry Products Due to Convenience and Shorter Preparation Time to Drive the Market

8.5.1.1 Pies & Tarts

8.5.1.2 Croissants

8.5.1.3 Sponge Cakes

8.5.1.4 Muffins

8.6 Other Types

8.6.1 Changing Consumer Behavior Toward Processed Foods to Drive the Market Growth

9 Frozen Bakery Products Market, by Distribution Channel

9.1 Introduction

9.2 COVID-19 Impact on the Frozen Bakery Products Market, by Distribution Channel

9.2.1 Optimistic Scenario

9.2.2 Realistic Scenario

9.2.3 Pessimistic Scenario

9.3 Conventional Stores

9.3.1 Popular Purchasing Destination for Consumers and the Availability of Frozen Bakery Products to Drive the Market Growth

9.3.2 Grocery Stores

9.3.3 Mass Merchandizers

9.3.4 Online Retailers

9.4 Specialty Stores

9.4.1 Increase in Consumer Preference for Convenience Product to Drive the Demand for Specialty Stores Offering Frozen Bakery Products

9.4.2 Artisan Bakers

9.4.3 Bakery Stores

9.4.4 In-Store Bakeries

9.5 Foodservice Providers

9.5.1 Growing Demand from Restaurants and Other Institutional Food Services to Drive the Market Growth

9.5.2 Horeca

9.5.3 Institutional Food Service & Catering

10 Frozen Bakery Products Market, by Form of Consumption

10.1 Introduction

10.2 Ready-To-Proof (Frozen Dough)

10.2.1 Increase in Demand for Frozen Dough, Which Acts as a Substitute of Scratch Baking Drives the Market Growth

10.3 Ready-To-Bake (Partially Baked Frozen Products)

10.3.1 Rising Preference for Artisan Bakery Products That Have Longer Shelf Life Boosts the Market Growth

10.4 Ready-To-Eat (Fully Baked)

10.4.1 Rise in Demand for Convenience Food Products Fuels the Market Growth

11 Frozen Bakery Products Market, by Region

11.1 Introduction

11.2 COVID-19 Impact on the Frozen Bakery Products Market, by Region

11.3 Europe

11.4 North America

11.5 Asia-Pacific

11.6 Rest of the World (Row)

12 Competitive Landscape

12.1 Overview

12.2 Market Share Analysis, 2019

12.3 Key Player Strategies

12.4 Historical Revenue Analysis of Key Players, 2015-2019

12.5 COVID-19-Specific Company Response

12.5.1 Grupo Bimbo

12.5.2 General Mills Inc.

12.5.3 Aryzta Ag

12.5.4 Europastry, S.A.

12.5.5 Conagra Brands, Inc.

12.5.6 Associated British Foods plc

12.5.7 Kellogg Company

12.5.8 Vandemoortele Nv

12.5.9 Cargill, Incorporated

12.5.10 Bridgford Foods Corporation

12.6 Company Evaluation Quadrant (Key Players)

12.6.1 Stars

12.6.2 Emerging Leaders

12.6.3 Pervasive Players

12.6.4 Participants

12.6.5 Product Footprint

12.7 Company Evaluation Quadrant (Start-Up/Sme)

12.7.1 Progressive Companies

12.7.2 Starting Blocks

12.7.3 Responsive Companies

12.7.4 Dynamic Companies

12.8 Competitive Scenario

12.8.1 New Product Launches

12.8.2 Deals

12.8.3 Others

13 Company Profiles

13.1 Key Players

13.1.1 Grupo Bimbo

13.1.2 General Mills Inc.

13.1.3 Aryzta Ag

13.1.4 Europastry, S.A.

13.1.5 Conagra Brands, Inc.

13.1.6 Associated British Foods plc

13.1.7 Kellogg Company

13.1.8 Lantmannen Unibake International

13.1.9 Vandemoortele Nv

13.1.10 Premier Foods Group Ltd.

13.2 Other Players

13.2.1 Cargill, Incorporated

13.2.2 Flowers Foods

13.2.3 Bridgford Foods Corporation

13.2.4 Cole’s Quality Foods, Inc.

13.2.5 Dawn Food Products, Inc.

13.2.6 T. Marzetti Company

13.2.7 Rhodes Bake-N-Serv

13.2.8 Pepperidge Farm Incorporation

13.2.9 Ajinomoto

13.2.10 Jbs Bake Service

14 Adjacent & Related Markets

14.1 Introduction

14.2 Limitations

14.3 Frozen Food Market

14.3.1 Market Definition

14.3.2 Market Overview

14.4 Frozen Food Market, by Product

14.4.1 Introduction

14.5 Gluten-Free Products Market

14.5.1 Limitations

14.5.2 Market Definition

14.5.3 Market Overview

14.5.4 Gluten-Free Products Market, by Type

15 Appendix

15.1 Discussion Guide

15.2 Knowledge Store: The Subscription Portal

15.3 Available Customizations

15.4 Related Reports

15.5 Author Details

For more information about this report visit https://www.researchandmarkets.com/r/shj3f2

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