Market Research Future (Food and Beverages) Frozen Bakery Market Projected To Witness a Rapid | Page 2
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Market Forecast
The global market for Frozen Bakery has witnessed continued demand during the last few years and is
projected to reach USD 21,842.82 Million by 2023. Increase in demand of frozen bakery based products as a
across various countries is likely to increase its market share on a global level. Developing economy and
increasing disposable income has a positive impact on its market growth.
Bread based frozen bakery will witness the highest growth rate (~7.61%). By 2023, bread based frozen
bakery among the various frozen bakery type is projected to grow the most due to its high consumer’s
preference and increased demand for bread based products especially from the fast food chains. Bread
based frozen bakery share will contribute to the largest market value of frozen bakery. Rolls and buns
based frozen bakery will grow at a growth rate of 7.37% and is anticipated to hold a significant share in
the global frozen bakery market.
Based on the packaging of frozen bakery products, temperature-proof packaging is estimated to have the
highest growth rate during the given forecast period. Based on the application, frozen desserts will
witness the highest growth in the given period.
Access the market data and market information presented through more than 60 market data tables and 25
figures spread over 112 numbers of pages of the project report “Frozen Bakery Market - Forecast to 2023”
By Downstream Analysis-
By 2023, bread based frozen bakery will reach a market value of more than USD 6,000 Million. High
application and increased demand for bread based products across the food industries is having a
positive impact on its market. Based on the packaging, temperature-proof packaging based on the low
preservation temperature of the baked goods is anticipated to hold a lion’s share in global frozen bakery
market.
Pizza base based application of Frozen Bakery is estimated to hold a major share of the total market
share and it is projected to grow at a CAGR of 7.09% by 2023. However, sandwich slices based
application will witness a high growth rate (~7.11%) during forecast period 2017 to 2023. Rising
consumption rate and demand for on-the-go baked good products will have a positive impact on the
market share of sandwich slices.
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