Frozen Bakery Products Market Forecast Based on Trend Analysis and Growth opportunities during 2017-2022

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 FactMR, 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 FactMR’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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Frozen bakery products include cakes, pancakes, doughnuts, etc. these products have a very limited shelf-life, hence are not purchased in a large quantity by customers. Storage of frozen bakery products at a proper temperature is necessary to ensure safety and to reduce wastage.

A well-balanced diet depends on various types of food consumed. Bakery products available in sweet, unsweetened and filled format also forms an important part of the well-balanced diet. However, the frozen bakery products including cakes, pastries, cookies, pancakes, bread, muffins, etc., have a very limited shelf-life and are prone to microbiological spoilage by molds, yeast, and bacteria. Hence, people like to have it fresh or buy it in a very less quantity. Meanwhile, rising health concerns, increasing obese population and rising problem of childhood obesity are some of the factors hampering the growth of frozen bakery products across the globe.

However, baking establishments are focusing on offering more healthy products by including natural sweeteners, organic products. Most of the bakery product manufacturers have also started offering fat-free and cholesterol-free frozen bakery products.

According to a study by FactMR, 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.

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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.

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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