The Asia Pacific Frozen Bakery Products Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 802.2 kilo tonnes, showcasing a growth of 6.0% (2019-2022).
Frozen bakery products cater to breakfast preferences with a variety of options. From frozen bagels and muffins to croissants and Danish pastries, consumers can easily incorporate a range of breakfast items into their daily routine. These products are often individually packaged, allowing for portion control and easy on-the-go consumption. Home cooks and amateur bakers can leverage frozen bakery products as versatile ingredients. For example, frozen pie crusts and puff pastry sheets are convenient bases for sweet and savory creations. This versatility allows individuals to experiment with different recipes while saving time to prepare foundational elements.
The foodservice and hospitality industry extensively uses frozen bakery products to streamline operations and ensure consistency in menu offerings. Restaurants, cafes, hotels, and catering services leverage these products to provide a wide range of baked goods without the need for extensive in-house preparation. Large-scale institutions, such as schools, hospitals, and other facilities, often use frozen bakery products to meet the demand for bulk production. The consistency and convenience of these products are especially beneficial in settings where large quantities of baked goods need to be prepared efficiently. Frozen bakery products offer consumers the convenience of preparing quick and easy meals at home. Whether frozen pizza dough for a customized pizza night, pre-made frozen garlic bread to accompany a pasta dish, or frozen croissants for a breakfast treat, these products provide a hassle-free solution for busy individuals and families.
The China market dominated the Asia Pacific Frozen Bakery Products Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,239.2 Million by 2030. The Japan market is registering a CAGR of 5.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.8% during (2023 - 2030).
The urban population's increased reliance on e-commerce platforms for grocery shopping and food delivery has further boosted the accessibility of frozen bakery products in Asia Pacific. Online retailers and food delivery services make purchasing these products easier for urban consumers without leaving their homes in Asia Pacific. Therefore, due to the above-mentioned factors, the frozen bakery products market will grow significantly in this region.
Free Valuable Insights: The Global Frozen Bakery Products Market is Predict to reach $43.7 Billion by 2030, at a CAGR of 5.9%
Based on Product Type, the market is segmented into Cakes & Pastries, Pizza Crusts, Bread, and Others. Based on Distribution Channel, the market is segmented into Convenience Stores, Supermarket & Hypermarket, Bakery Store, Online, and Others. Based on Type, the market is segmented into Ready-to-bake, Ready-to-eat, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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