Frozen Bakery Products Market

Frozen Bakery Products Market was valued at USD 21,200 Million in 2020 and is expected to register a CAGR of 5.8% during the forecast period.

Introduction of the Global Frozen Bakery Products Market Report

Frozen bakery products such as bread, pizza, cake, pastries, cookies, etc., have gained popularity due to their easy preparation and time/cost-effectiveness. They are served in many parties, functions/ceremonies, household use and birthday parties. They have a soft sponge, and the crust makes the consumer’s first choice to have something delicious. Being nutrition-rich and having longer shelf life drive the demand for these products in the market.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global frozen bakery products market include growing demand for bakery items as it provides greater shelf life, cost-effectiveness, and ease of accessibility to consumers across the globe. In addition, the reduction of sugar in bakery fillings is gaining consumer attraction which will contribute to good growth in the global frozen bakery products market. For instance, in 2021 Cargill invested 45 million USD in Poland to add soluble fibre to its European product portfolio of confectionery, bakery, sweeteners etc, to offer customers sugar free products. Also, due to the worldwide pandemic, people have reduced their visits to supermarkets and are preferring to keep bread and ready – to – eat bakery products in stock at their homes, according to Freybadi Chocolates which will be a key factor to the growth of the global frozen bakery products market. Furthermore, the change in consumer preference for ready-to-eat bakery items is also contributing to the growth of the global frozen bakery products market. Moreover, massive health awareness among people is leading to the growing demand for healthier bread, cookies & cakes options consisting of high fibre and nutrient value, which will be a key factor for market growth. For instance, in the year 2021, Rudi’s Rocky Mountain Bakery, has launched organic seeded multigrain bread consisting of organic whole wheat flour, organic oats, organic sunflower seeds etc.

Restraint in the Global Frozen Bakery Products Market

However, increasing concerns related to spoilage of pizza base, cake sponges, etc., due to fungal attacks may slow down the growth of the global frozen bakery products market.

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Products – Segment Analysis

Based on the products, cakes and pastries are expected to have significant growth in the frozen bakery products market. As they have good shelf life and are ordered /made for various birthdays, parties, functions, ceremonies, etc. Cookies and biscuits will also show promising growth due to their more preference among kids and the multigrain/oats type among health-conscious consumers. Bread is also expected to show substantial growth due to its extensive use in breakfast and savouries.

Application – Segment Analysis

Based on the application, large retail and convenience, independent retail is expected to witness a significant growth owing to ease of accessibility of frozen bakery products for the consumers in the global frozen bakery market. Also, the foodservice segment will also hold a substantial growth in the global frozen bakery market.

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Regional – Segment Analysis:

Based on the region, North America region is expected to capture significant growth during the forecast period in the global frozen bakery products market owing to the preference of ready to eat bakery products like cakes, cookies by consumers in that region due to hectic schedule & lifestyle. Europe region would also witness a crucial growth due to good economic situation which will lead to more purchase of frozen bakery products by all income groups in that region. Also, it previously dominated the global bakery frozen market.

Top Market Players

Various notable players operating in the market, include Pillsbury, Aryzta AG, Grupo Bimbo S.A.B. DE C.V., Europastry, S.A., Lantmannen Unibake International, Associated British Foods plc, Flowerfoods Inc, Treehouse Foods Inc, Dawn Foods Inc, among others. 

Key Developments: 

• • In Feb 2021, the bakery company Europastry and the craft brewery Ilda’s Town Beer, both companies have explored possibilities for co-branding and strategic alliances that are mutually beneficial and allow them to innovate together.
  • In Sep 2020, Nestlé Professional and Dawn Food signed a long-term contract for co-branding cooperation in the EMENA Region (Europe, Middle East, and North Africa), partnering in products innovation for a range of sweet bakery product, starting with muffins and cookies.

Segments covered in the Report:

The frozen bakery products market has been segmented based on products, application, and region. The products segment consists of breads, rolls, cookies, pastries, cakes, and others. The application type consists large retail, independent and convenience retail, foodservice, and others. 

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Key questions answered in this research report:

• • At what pace is global frozen bakery products market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global frozen bakery products market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global frozen bakery products market?
  • Which products generated maximum revenues in 2020 and identify the most promising products during the forecast period?
  • What are the various application areas of global frozen bakery products market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Frozen Bakery Products Market by Products

• • Bread
  • Pizza
  • Cake
  • Cookies
  • Others

Global Frozen Bakery Products Market by Application

• • Large Retail
  • Convenience and Independent Retail
  • Foodservice
  • Others

Global Frozen Bakery Products Market by Region

• • North America Frozen Bakery Products Market (Option 1: As a part of the free 25% customization)
    • North America Frozen Bakery Products Market by Products
    • North America Frozen Bakery Products Market by Application
    • US Frozen Bakery Products Market All-Up
    • Canada Frozen Bakery Products Market All-Up
  • Europe Frozen Bakery Products Market (Option 2: As a part of the free 25% customization)
    • Europe Frozen Bakery Products Market by Products
    • Europe Frozen Bakery Products Market by Application
    • UK Frozen Bakery Products Market All-Up
    • Germany Frozen Bakery Products Market All-Up
    • France Frozen Bakery Products Market All-Up
    • Spain Frozen Bakery Products Market All-Up
    • Rest of Europe Frozen Bakery Products Market All-Up
  • Asia-Pacific Frozen Bakery Products Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Frozen Bakery Products Market by Products
    • Asia-Pacific Frozen Bakery Products Market by Application
    • China Frozen Bakery Products Market All-Up
    • India Frozen Bakery Products Market All-Up
    • Japan Frozen Bakery Products Market All-Up
    • Rest of APAC Frozen Bakery Products Market All-Up
  • RoW Frozen Bakery Products Market (Option 4: As a part of the free 25% customization)
    • RoW Frozen Bakery Products Market by Products
    • RoW Frozen Bakery Products Market by Application
    • Brazil Frozen Bakery Products Market All-Up
    • South Africa Frozen Bakery Products Market All-Up
    • Saudi Arabia Frozen Bakery Products Market All-Up
    • UAE Frozen Bakery Products Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Frozen Bakery Products Market All-Up

Major Players Operating in the Global Frozen Bakery Products (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Pillsbury
  • Aryzta AG
  • Grupo Bimbo S.A.B. DE C.V.
  • Europastry
  • S.A.
  • Lantmannen Unibake International
  • Associated British Foods Plc
  • Flowerfoods Inc
  • Treehouse Foods Inc
  • Dawn Foods Inc, among others.