Global Frozen Bakery Market Size, Trends, and Growth Opportunity, By Product (Bread, Cakes & Pastries, Doughnuts & Pies, Pizza, Novelties), By Distribution Channel (Supermarket & Hypermarket, Convenience Stores, Bakery Stores, and Online), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa ) and forecast till 2027.
Global Frozen Bakery Market
The Global Frozen Bakery Market was valued at USD 41.95 billion in 2021 and is expected to expand USD 56.85 billion in 2027 at a CAGR of 4.80 % during the forecast period 2022- 2027.
Frozen bakery involves the products like frozen bread, pizza crust, pastries, and cake bread, that can be placed due to longer shelf life. These products deliver rapid delivery while keeping taste and freshness. The growing demand for these products in-store bakeries, coffee chains, gas stations, and quick-service restaurants fuels the expansion of the market.
Market Drivers
The growing popularity of processed food and rising demand from shops along with the small and large scale food chains also having low cost, ease of thawing and baking, and widespread availability act as a major factor in growing the native starch market.
The advancement in food processing techniques is responsible for growing the fast-food industry and propelling the market growth in the forecast period. Additionally, as people's lives become busier the increased consumption of ready-to-eat meals will become more popular with customers boosting the growth frozen bakery market.
Market Restraints
The rising consumer preference for conventional and freshly baked products due to the perception that their nutritive value deteriorates during the refrigeration process restrains the growth of the market.
Furthermore, the majority of frozen bakery products contain high amounts of sugars and fats and the process involves trans-fat-containing partially hydrogenated oil which increases the risk of high blood pressure and heart attacks and hinders the growth of the market.
COVID-19 Impact on Frozen Bakery Market
The outbreak of covid-19 negatively impacted the market as restrictions and lockdowns were imposed by the government to protect public health, and the supply chain and production were disrupted. Also, the rise in health-conscious concerns among people during the pandemic decreases the demand for frozen foods affecting market growth.
Impact of Russia Ukraine War on the Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the frozen bakery market:
Disruptions in the supply chain: Many Frozen Bakery manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting frozen bakery production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as demand for a frozen bakeries in the region.
Market Segmentation
The Global Frozen Bakery Market is segmented on the basis of Product, Distribution Channel, and Region. On the basis of Product, it is segmented into Bread, Cakes & Pastries, Doughnuts & Pies, Pizza, and Novelties. Based on Distribution Channel, it is segmented into Supermarkets & hypermarkets, Convenience Stores, Bakery Stores, and Online. On the basis of Region, it is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa.
Regional Analysis
Asia-Pacific is likely to dominate the market over the forecast period due to the growing sedentary lifestyle in developing economies, and the rising female working population which increases the preference for convenience and ready-to-eat food.
North America is also anticipated to witness substantial growth because of the increased consumer interest in frozen bakery products due to their higher shelf life than traditional products. the market players focusing on healthy and organic constituents rises consumer demand for organic and high-quality products in this region.
Key Players
Various key players are listed in this report such as Kellogg Co, Cargill Incorporated, Conagra Brands Inc, Custom Foods Inc, Vandemoortele NV, Bridgford Foods Corporation, Associated British Foods plc, General Mills Inc, Europastry, Cole’s Quality Foods Inc, and Flowers Foods.
Market Taxonomy
By Product
• Bread
• Cakes & Pastries
• Doughnuts & Pies
• Pizza
• Novelties
By Distribution Channel
• Supermarket & Hypermarket
• Convenience Stores
• Bakery Stores
• Online Variety Stores
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Frozen Bakery Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Frozen Bakery Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Frozen Bakery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Frozen Bakery Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.3 Global Frozen Bakery Market Share Analysis, By Product
5.3 Global Frozen Bakery Market Size and Forecast, By Product
5.3.1 Bread
5.3.2 Cakes & Pastries
5.3.3 Doughnuts & Pies
5.3.4 Pizza
5.3.5 Novelties
6 Global Frozen Bakery Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Frozen Bakery Market Share Analysis, By Distribution Channel
6.3 Global Frozen Bakery Market Share Analysis, By Distribution Channel
6.3.1 Supermarket & Hypermarket
6.3.2 Convenience Stores
6.3.3 Bakery Stores
6.3.4 Online Horticulture
7 Global Frozen Bakery Market, By Region
7.1 Global Frozen Bakery Market Share Analysis, By Region
7.2 Global Frozen Bakery Market Share Analysis, By Region
8 North America Frozen Bakery Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Frozen Bakery Market Share Analysis, By Product
8.3 North America Frozen Bakery Size and Forecast, By Distribution Channel
8.4 North America Frozen Bakery Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Frozen Bakery Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Frozen Bakery Market Share Analysis, By Product
9.3 Europe Frozen Bakery Market Size and Forecast, By Distribution Channel
9.4 Europe Frozen Bakery Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Frozen Bakery Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Frozen Bakery Market Size and Forecast, By Product
10.3 Asia-Pacific Frozen Bakery Market Size and Forecast, By Distribution Channel
10.4 Asia-Pacific Frozen Bakery Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Frozen Bakery Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Frozen Bakery Market Size and Forecast, By Product
11.3 Latin America Frozen Bakery Market Size and Forecast, By Distribution Channel
11.4 Latin America Frozen Bakery Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2.Rest of Latin America
12 Middle East Frozen Bakery Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Frozen Bakery Market Share Analysis, By Product
12.3 Middle East Frozen Bakery Market Size and Forecast, By Distribution Channel
12.4 Middle East Frozen Bakery Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. Kellogg Co
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Cargill Incorporated
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Conagra Brands Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. Custom Foods Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Vandemoortele NV
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. Bridgford Foods Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. Associated British Foods plc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. General Mills Inc
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. Europastry
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. Cole’s Quality Foods Inc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11. Flowers Foods
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
