Frozen Bakery Products Market Opportunities, Key Growth Factors, Ongoing Trends, Market Perspective: Reviewed till 2022

Posted on 2018-08-02 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Rockville, US, 2018-Aug-02 — /EPR Network/ — Frozen bakery products are the processed foods, hence they are prone to chemical, microbiological and physical spoilage. Moreover, the shelf-life of these products is also very less. The consumption of bakery products is also declining as the increasing number of people are becoming health conscious. Meanwhile, rise in childhood obesity is also resulting in low consumption. However, bakery products manufacturers have started using organic ingredients and are also using natural sweeteners. This report, published by Fact.MR, provides in-depth analysis of the global frozen bakery products market for the forecast period 2017-2022, and offers key insights about future market direction.

The scope of Fact.MR’s report is to analyze the global frozen bakery products market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Frozen bakery products manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to frozen bakery products.

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According to a study by Fact.MR, the global frozen bakery products market is projected to bring in US$ 21,891.6 million revenues by the end of 2022. The market is anticipated to witness sluggish growth. Increasing number of people becoming health conscious are moving towards more healthy options such as fruits and vegetables.

Pizza Crust – Top-Selling Product

The pizza crust is anticipated to be one of the top selling products in the global frozen bakery products market during 2017-2022. Sales of pizza crust are expected to bring in nearly US$ 4,500 million revenues by 2022 end. Although bread as a frozen bakery product is projected to create an incremental opportunity of over US$ 600 million during the forecast period.

High Sales through Modern Trade

Accounting for more than one-fourth of the revenue share, modern trade is anticipated to emerge as one of the most lucrative sales channels. Towards the end of 2022, modern trade is expected to reach close to US$ 6,900 million revenues. Meanwhile, direct sales channel is projected to be the second biggest sales channel for frozen bakery products.

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Fresh Frozen Bakery Products to Account for Maximum Revenue Share

Pre-packed baked frozen bakery products, the fresh frozen bakery products will gain nearly two-third of the revenue share by the end of 2017. By 2022 end, the sales of fresh bakery products will reach nearly US$ 14,800 million revenue. Increasing customer preference for freshly baked products is driving the demand for fresh frozen bakery products. While the pre-packed baked frozen bakery products are expected to account for more than one-fourth of the revenue share by the end of 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global frozen bakery products market through 2022, which include Cole’s Quality Foods, Inc., General Mills, Inc., Flowers Foods, Europastry, S.A., Barilla Holdings Spa, General Waffel Manufactory, Vandemoortele NV, American Desserts, Associated British Foods plc, Bridgford Foods Corporation, Premier Foods plc, Cargill Incorporated, Conagra Brands, Inc., Alpha Baking Company Inc., Kellogg Company, Europastry, S.A., Lantmannen Unibake International, General Mills Inc., Grupo Bimbo S.A.B. de C.V., and Aryzta AG.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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