Frozen Bakery Products Market Growth Propelled by Rising Demand for Suitable Food Products and Drive for Consistency, Safety, and Greater Taste, Surge in the Number of Bakery Industries: Radiant Insights, Inc.
SAN FRANCISCO, August 15, 2018 /PRNewswire/ --
Global Frozen Bakery Products Market is estimated to grow at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. Frozen bakery products comprise doughnuts, pancakes, cakes, etc. These Frozen bakery products have a restricted shelf-life, hence are not bought in a huge amount by consumers. Storage of frozen bakery products at an appropriate temperature is essential to confirm safety and decrease wastage.
The factors that propel the growth of the Frozen Bakery Products Market include surge in demand for suitable food products and drive for consistency, safety, and greater taste, surge in the number of bakery industries. On the other hand, there are factors that may hamper the growth of the market including partly baked frozen bread after re-baking have a denser structure, harder crumb, and lesser volume, than the directly baked bread.
Frozen Bakery Products Market may be explored by type, application, and geography. Frozen Bakery Products Market may be explored by type as Pizza Crusts, Breads, Cakes & Pastries, Others (waffles, cookies, pretzels, biscuits, donuts, and bagels). The "Cakes & Pastries" segment led the Frozen Bakery Products Market in 2016 and is anticipated to maintain its dominance by 2024 owing to surge in imports and exports of frozen cakes & pastries from leading regions, huge popularity.
The Frozen Bakery Products Market could be explored based on distribution channel as Retail, Catering & Industrial, and Artisan Bakers. The "Retail" segment led the Market in 2016 and is anticipated to maintain its dominance by 2025 due to inclination and capability of customers to spend and try new products and changing consumption patterns. Frozen Bakery Products Market may be analyzed by technology as Ready Baked & Frozen, Raw Products, and Ready-to-Bake.
Frozen Bakery Products Market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. Asia-Pacific accounted for the major share of the Frozen Bakery Products Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include developing countries have significant potential clients that are accepting the ready-to-cook and more suitable food choices. China is the major country to hold the maximum part in the market owing to the changing consumption pattern of consumers and rapid urbanization in this nation.
The key players contributing in the robust growth of the Frozen Bakery Products Market comprise Oleo-Fats Inc., Adani Group, Wilmar Group, Ruchi Soya, Cargill Inc, Gef India, United Plantations Berhad, Ssd Oil Mills, Wilmar International Limited, Astra Agro Lestari, Conagra Foods Limited, Pt Astra Agro Lestari Terbuka, International Foodstuff Company Holdings Limited (Iffco), Fuji Oil, Bakes Group, and Peerless Foods. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
In this report, the global Frozen Bakery Products market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
Access 114 page research report with TOC on "Frozen Bakery Products Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-frozen-bakery-products-industry-2018
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Frozen Bakery Products in these regions, from 2013 to 2025 (forecast), covering
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
Global Frozen Bakery Products market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Grupo Bimbo S.A.B. de C.V.
- Nestle SA
- Conagra Brands, Inc
- Aryzta AG
- Vandemoortele NV
- Campbell Soup Co
- Lantmannen Unibake International
- General Mills Inc
- Tyson
- Kellogg Company
- Flowers Foods Inc
- Associated British Foods plc
- Europastry, S.A
- Harry-Brot GmbH
- Agrofert as
- Kuchenmeister GmbH
- Kobeya
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Bread
- Pizza
- Cake and pastry
- Cookies
- Others
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Large Retail
- Convenience & Independent Retail
- Foodservice
- Others
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