Frozen Bakery Products Market

Frozen Bakery Products Market Size, Growth (2023-2028)

The Global Frozen Bakery Products Market Size is evaluated at USD 18.16 Billion out of 2022 and anticipated to develop at a CAGR of 8.0%, to reach USD 27.37 billion by 2028.

Market Overview:

Frozen bakery products market incorporates bread, cakes, cakes, and doughnuts, which are gotten from corn, rice, wheat, grain, oats, and rye. The utilization of these sources as the crude materials for bakery product shifts the scenario in the world. These are wealthy in proteins and taste, show nearly longer timeframe of realistic usability, and are helpful to utilize, which drive the interest for these items in the market. Frozen bakery products are typically sold in different stores, bistros, and eateries. The general key parameters liable for the development of the market connotes positive finishes paperwork for frozen bakery products estimate.

The expanding number of work experts combined with the developing notoriety of comfort foods is probably going to drive the market for frozen bakery products. The frozen bakery products division displays entrenched in-store kitchens, espresso chains, bistros, and brisk help eateries. These outlets are rapidly taking advantage of the lucky break related to frozen bakery items – more outstanding comfort, accessibility, and a broad scope of fluctuation in things.

Purchasers who are searching for advantageous, liberal, and in a hurry, snacks are given the decision between new just as the frozen bakery products. Shoppers apply significant strain to drive the costs of prepared products.

Key Market Trends:

The frozen bakery products market is relied upon to achieve exponential direction soon, attributable to the developing buyer inclination for an advantageous option in contrast to freshly baked specialty products. The quick monetary advancement, which is occurring in the rising just as created economies, has prompted a compelling market situation for purchaser merchandise – bakery items are no particular case. The hectic timetables and the expanding number of ladies entering formal business have made the frozen bakery products market progressively well known. The developing health worries among the buyers have given an extraordinary chance to the claim to specialty bakery products to fuse utilitarian bakery ingredients, for example, Oats, vegetables, probiotics, grains, and sustained margarine to catch a broad purchaser base. Such advancing components have prompted an expanding number of claims to specialty bakery products market over the globe.

REPORT COVERAGE:

Recent developments in Frozen Bakery Products Industry:

• Sara Lee Frozen Bakery is getting Superior Cake Products, Inc. from Hostess Brands, Inc., Kansas City, for $65 million in real money. Unrivaled Cake Products is a producer of sweet merchandise, including eclairs, madeleines, brownies and treats, which are sold under the Superior on the Main brand.
• The International Baking Industry Exposition (IBIE), created by the American Bakers Association (ABA), Washington, DC, the Baking Equipment Manufacturers and Allied (BEMA), Overland Park, Kan., and the Retail Bakers of America (RBA), Tinley Park, I., uncovered an elite overall promoting organization with IBA, Germany, composed by GHM in the interest of the German Bakers' Confederation.
• The Tortilla Industry Association (TIA), Arlington, Va., presented the International Flatbreads Federation (IFF), the most recent affiliation concentrated on the flatbread business intended to address fabricating complexities, industry extension and bolster those that produce level bread monetarily.

Drivers and Restraints:

The purchasers' attractive quality for accommodation in having food items is one of the central points that drives the development of the global frozen bakery products market. The convenience factor is significant for the buyer in any event, with regards to food utilization as it assists with chopping down the ideal opportunity for the day by day errands. Hence, frozen food items gain significance among the top clients. Over recent years, there has been an ascent sought after for different kinds of frozen food items, which is owing to the various medical advantages related to the products. Frozen food items are pressed with supplements and show a more extended timeframe of realistic usability. This expands the interest for different kinds of frozen food items at the same time, clearing the way of chance for worldwide frozen bakery products market to develop. Therefore, unique food makers plan on thinking of such items that take into account the requirements of its clients. Thus, the accommodation factor is being considered as one of the most potent frozen bakery products market patterns.

A portion of the populace from various segments has been following a solid eating regimen plan attributable to an expansion in mindfulness on particular favourable circumstances identified with the appropriation of a healthy way of life. This expanding health cognizance may go about as a significant restriction for the fast improvement of this business.

Frozen Bakery Products Market Segmentation Analysis:

By Product

• Bread
• Pizza Crust
• Cakes & Pastries
• Waffles
• Donuts
• Cookies

Bread and Pizza crust are the main revenue-generating segments in the global frozen bakery products market and are likely to continue with the same force in the coming years.

By Source

• Corn
• Wheat
• Barley
• Rye

By End-Use

• Retail
• Food Service Industry
• Food Processing Industry

Food processing is gaining ground in almost all parts of the world due to the advantages they offer for the people having busy lifestyles. Therefore, the segment is predicted to account for a significant share in the international marketplace in the foreseen period.

By Distribution Channel

• Bakery and Confectionery
• Retail
• Catering
• Online Channel

Representing over 25% of the income share, online selling is evaluated to ascend as one of the most worthwhile deals channels. In the interim, the direct sales channel will act as the second-highest channel for frozen bakery products.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Region Analysis:

The European frozen bakery products market drives the worldwide industry. In the European market, the quickest emerging brands are those who spend significant time in more advantageous prepared merchandise, utilizing a high caliber of wholesome ingredients and fulfill the need of consumers with a busy schedule. The breakfast merchandise fragment is the most commanding portion of the business. Individuals lean toward helpful and get and-go items for breakfast, and this favors the expanding interest for the frozen bakery products market. Accessibility of gluten-free frozen bakery products has helped in the development of the market.

Rising expendable livelihoods, urbanization, and the interest for Western-style consume fewer calories are supporting the development in deals of prepared merchandise and baked goods in Asia-Pacific, particularly in China and India, and are seeing a developing interest for frozen bakery products. The development in the Asia Pacific frozen bakery products market likewise clears the approach to a massive expansion in the processed food production area and the other way around. It has also prompted the presentation of a differing scope of imaginative frozen bakery products business.

Key Players in the Market:

Major Key Players in the Global Frozen Bakery Products Market are

• Dawn Food Products, Inc.
• General Mills, Inc.
• Bridgford Foods Corporation
• Lantmannen
• T. Marzetti Company
• Aryzta AG
• Associated British Foods Plc
• Flower Foods Inc.
• Grupo Bimbo S.A.B
• Europastry S.A