The Frozen Bakery Products Market is Predict to reach $43.7 Billion by 2030, at a CAGR of 5.9%

28-Feb-2024 | Report Format: Electronic (PDF)

Frozen Bakery Products Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Frozen Bakery Products Market size is expected to reach $43.7 billion by 2030, rising at a market growth of 5.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,071.1 kilo tonnes, experiencing a growth of 5.7% (2019-2022).

The Pizza Crusts segment is anticipated to have a CAGR of 6.1% during (2023 - 2030).  Pizza crusts provide a convenient solution for consumers seeking quick and easy meal options. Pre-made frozen pizza crusts eliminate the need for time-consuming dough preparation, allowing individuals to assemble and bake pizzas with minimal effort, making them an ideal choice for busy households. Pre-made pizza crusts allow consumers to customize their pizzas according to their preferences. Whether individuals prefer thin crusts, thick crusts, or gluten-free options, the market's diversity in pizza crust offerings caters to a broad spectrum of tastes and dietary requirements.

The Convenience Stores segment is leading the Global Frozen Bakery Products Market, by Distribution Channel in 2022 thereby, achieving a market value of $14 Billion by 2030. Convenience stores are designed to cater to customers looking for quick and on-the-go solutions. Frozen bakery products, such as pastries, sandwiches, and breakfast items, provide a convenient option for individuals seeking a fast and easy snack or meal during their busy schedules. Convenience stores typically stock diverse frozen bakery products to meet a broad spectrum of consumer preferences. This includes frozen sandwiches, wraps, pastries, and bread-based snacks, providing customers with choices that suit their taste and dietary requirements.

The Ready-to-eat segment is experiencing a CAGR of 6.1% during (2023 - 2030).  Ready-to-eat frozen bakery products eliminate the need for preparation, allowing consumers to enjoy baked goods without spending time cooking or baking. This convenience particularly appeals to individuals with busy schedules or those seeking quick and easy meal solutions. The portable and convenient nature of ready-to-eat frozen bakery products makes them suitable for on-the-go consumption. This aligns with the lifestyles of modern consumers who may eat meals or snacks while commuting or in between activities.

Full Report: https://www.kbvresearch.com/frozen-bakery-products-market/

The Europe segment dominated the Global Frozen Bakery Products Market, by Region in 2022 thereby, achieving a market value of $15.3 Billion by 2030, growing at a CAGR of 5.6 % during the forecast period. The North America region would witness a CAGR of 5.7% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 6.2% during (2023 - 2030).

List of Key Companies Profiled

  • Europastry S.A.
  • Aryzta AG
  • General Mills Inc.
  • British Foods plc
  • Grupo Bimbo
  • Cargill, Incorporated
  • Bridgford Foods Corporation
  • Lantmnnen Unibake
  • Conagra Brands, Inc
  • Flowers Foods Inc. 

Frozen Bakery Products Market Report Segmentation

By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Cakes & Pastries
  • Pizza Crusts
  • Bread
  • Others

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Convenience Stores
  • Supermarket & Hypermarket
  • Bakery Store
  • Online
  • Others

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Ready-to-bake
  • Ready-to-eat
  • Others

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