Market Research Future (Food and Beverages) Frozen Bakery Market Size, Share, Industry Trend | Page 3

Frozen Bakery Market Research Report- Forecast to 2023
2 Market Overview
Europe will continue to dominate the frozen bakery market with more than 35% market share and is projected to
reach more than USD 8,000 Million with CAGR of 7.27% by 2023. North America will witness highest growth rate
(~7.62%) during forecast period 2017 to 2023. Availability of variety of frozen bakery products has increased the
popularity and consumption of frozen bakery products among consumers in developed regions. High focus on R &
D has led to innovations in bakery products by increasing the shelf-life of the product and enhancing the nutritional
value. All these factors have a positive impact on the frozen bakery market.
Based on the types available in frozen bakery, breads will witness highest growth rate (~7.61%). By 2023, bread
based frozen bakery will reach a market value of more than USD 6,000 Million on a global level. Rising applications
of bread and bread based products in fast food chains has a positive influence on its market growth. Rolls and buns
are anticipated to grow at a high rate based on increasing demand for on-the-go food products.
Intended Audience:
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Frozen Bakery manufacturers
Frozen breads manufacturers
Food processing industries
Retailers and wholesalers
Traders, importers and exporters
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