Food, Nutrition & Animal Feed Frozen Bakery Market - PDF

Frozen Bakery Market share to exceed $ 40 Bn by
2024: Global Market Insights Inc.
The research report Frozen Bakery Market Size By Recipe (Bread, Viennoiserie,
Patisserie, Savory Snacks), By Product (Ready-To-Prove, Ready-To-Bake, Fully
Baked), By End-User (Convenience Stores, Hypermarkets & Supermarkets,
Artisans Bakers, Hotels, Restaurants, And Catering [HORECA], Bakery Chains)
Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France,
UK, Italy, Spain, Austria, Switzerland, China, India, Japan, Australia, Indonesia,
Malaysia, South Korea, Brazil, Mexico, Argentina, Chile, Colombia, South Africa,
Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market
Share & Forecast, 2018 – 2024 by Global Market Insights, Inc. says, Global Frozen
Bakery Market size is set to exceed USD 40 Billion by 2024
Growing demand for healthy and convenient baked products will bolster the entire
frozen bakery market in the forecast spell. In most of the developing nations, bakery
product manufacturers are reformulating their bakery product lines & modifying their
product packaging, claiming to address the consumers’ health concerns. The sector
continues to see dynamic growth owing to change in consumer preferences towards
the healthier food options that have longer shelf life & various nutritional benefits such
as high fiber content, less fat & sugar, etc. Above mentioned trends will spur the entire
market in forecast period.
Expansion in convenience stores, hypermarkets & supermarkets and other bakery
chains are other key driving factors for global market in coming years. For instance, In
Mexico, these distribution channels makes over 60% of the entire bakery product retail
sales in 2017. Grocery retailers are the most preferred distribution channels in Mexico
as the one-stop shops are the consumer preference where they can buy all their
household products. This will further boost the market in developing economies by
2024.
A significant level of energy is utilized during activities like freezing process, cold
storage and product distribution. Cold chain logistics is a critical aspect of the frozen
bakery market as it allows to extend the shelf life of perishable products like dairy,
bakery & confectionery, dough etc. and transport them to various locations.
Fluctuating electricity cost across the world could significantly deter the growth of
global market in future.
Global frozen bakery market is segmented on the basis of product as ready-to-prove,
ready-to-bake, and fully baked. Ready-to-bake has the highest market share in terms
of volume as well as revenue owing to its huge demand in the HORECA, bakery
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