According to a new report, published by KBV research, The Global Frozen Dough Market size is expected to reach $34.1 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,959.1 Kilo Tonnes, experiencing a growth of 4.4% (2019-2022).
The Food Service segment is registering maximum revenue in the Global Frozen Dough Market by Distribution Channel in 2022; thereby, achieving a market value of $24.2 billion by 2030. Food service establishments, including restaurants, cafes, bakeries, and quick-service restaurants (QSRs), continually seek ways to streamline operations and reduce preparation time. Frozen dough products offer a convenient and time-saving solution. They eliminate the need for in-house dough preparation, which can be labor-intensive and time-consuming.
The Biscuits & cookies segment is anticipated to grow at a CAGR of 6% during (2023 - 2030). Frozen dough products allow consumers to experience the joy of baking without the complexity of measuring and mixing. Many consumers, including families and individuals, enjoy the process of baking and the aroma of freshly baked biscuits and cookies in their homes. Manufacturers have introduced various frozen cookie dough and biscuit dough options. This includes traditional chocolate chip cookies, sugar cookies, and a range of flavors and mix-ins.
The North America region is generating highest revenue in the Global Frozen Dough Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11.7 billion by 2030. The Europe region would witness a CAGR of 5.6% during (2023 - 2030). Additionally, The Asia Pacific region would experience a CAGR of 6.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/frozen-dough-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Aryzta AG, General Mills, Inc., Ajinomoto Co., Inc., Rich Products Corporation (RE Rich Family Holding Corporation), Campbell Soup Company, Dawn Food Products, Inc., Gonnella Baking Co, Bridgford Foods Corporation, Guttenplan’s, and CSM Ingredients S.A.R.L.
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Type (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Geography (Volume, Tonnes, USD Thousands, 2019-2030)
Companies Profiled