Global Frozen Bakery Market was valued at US$ 15.17 Bn in 2017 and is expected to reach US$ 27.11 Bn by 2026, at a CAGR of 7.53% during a forecast period.

 

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The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Frozen Bakery Market

The ready-to-bake segment is expected to boost the market growth during the forecast period owing to rising demand for fast foods and growing western culture influence among consumers across the globe. The convenience stores segment is expected to lead the market growth during the forecast period.

The hectic lifestyle of the population is increasing the popularity of bakery products purchasing from the convenience store. Hotels are also estimated to hold the largest share in the market during the forecast period owing to the rising disposable income of the middle-class population and rising tourism across the globe.

Major driving factors of the market are rising demand for bakery products across the globe, increasing frozen bakery industry, and changing consumer preference towards the convenient products and need to just grab it in the breakfast. Women prefer being a working woman rather than a housewife is another driving factor of the market growth. In addition, increasing demand for luxury food products, rising demand for bakery products in developing countries as people have less time to spend on baking foods such as in India, China, and Japan. However, traditional fresh bakery products and high electricity bills act as restraints of the market growth.

Changing lifestyles of consumers is also expected to boost the market growth in this region. Women prefer the convenient foods for breakfast menu to save time is also surging the market growth. Europe is also expected to hold the largest share in the market during the forecast period as the growing popularity of bakery products among consumers.

The report provides an in-detail list of drivers and restraints, which are influencing the market growth. Additionally, provides expected opportunities and emerging trends.

The Asia Pacific is expected to hold the largest share in the market during the forecast period owing to the rising middle-class population and growing economies of developing countries such as India and China. India is projected to lead the market growth in a positive way during the forecast period due to the rising demand for bakery products in this country.

The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.

Key players studied, analyzed, profiled, and benchmarked in Frozen Bakery Market are LantmannenUnibake, Alpha Baking Company Inc., Associated British Foods Plc, Aryzta AG, and Bridgford Foods Corporation.

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The Scope of the Report for Frozen Bakery Market

Global Frozen Bakery Market, by Type

• Patisserie
• Bread
• Viennoiserie
• Savory Snacks
Global Frozen Bakery Market, by Product

• Fully Baked
• Ready-To-Bake
• Ready-To-Prove
Global Frozen Bakery Market, by End-User

• Hotels
• Convenience Stores
• Hypermarkets & Supermarkets
• Artisans Bakers
• Others
Global Frozen Bakery Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Frozen Bakery Market

  • General Mills, Inc,
    • Grupo Bimbo
    • Europastry
    • Rich Products Corporation
    • Dawn Food Products
    • Vandemoortele
    • Aryzta
    • BredenMaster
    • Alpha Baking Company, Inc.
    • Aryzta AG
    • Associated British Foods PLC
    • Barilla Holdings S.p.A.
    • Bridgford Foods Corporation
    • Conagra Brands, Inc.
    • Custom Foods Inc.
    • Deiorios Frozen Dough Products
    • Associated British Foods Plc
    • LantmannenUnibake

This Report Is Submitted By : Maximize Market Research Company
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