The Business Research Company’s Frozen Bakery Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Frozen Bakery Global Market Report 2023 evaluates frozen bakery market size, growth rate, drivers, trends, and major companies.
The report
provides a global perspective by covering 60 geographies and focusing on major
economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North
America, South America, Middle East, Africa.
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And Tables):
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The global frozen
bakery market is expected to grow from $40.62 billion in 2022 to $42.88 billion
in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war
disrupted the chances of global economic recovery from the COVID-19 pandemic.
The war between these two countries has led to economic sanctions on multiple
countries, surge in commodity prices, and supply chain disruptions, causing
inflation across goods and services and resulted in increased interest rates
affecting many markets across the globe. The frozen bakery market is expected
to reach $53.14 billion in 2027 at a CAGR of 5.5%.
Increasing
consumption of convenience foods is expected to boost the growth of the frozen
bakery market going forward. Convenience food is food that has been frozen,
dried, or canned and can be heated and made quickly and easily. Frozen bakery
items are used as convenient meal alternatives due to their pre-prepared
status. They allow quick and straightforward baking or reheating, offering
consumers freshly baked delicacies with minimum work and time. For instance, in
July 2023, according to Food and Drinks Malaysia by SAIL Group, a food and
beverage exhibition in Malaysia, the convenience food sector increased by 3.0%
in volume in 2023 and is expected to reach 7,829.2 kg by 2027. Further, in
Malaysia, the revenue from convenience food amounts to US$31.84 billion in
2022, which is expected to increase by 5.49% during 2022–2027. Therefore,
increasing consumption of convenience foods is driving the growth of the frozen
bakery market.
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Report:
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The frozen bakery
market segments in the report are:
1) By Product:
Ready-To-Prove, Ready-To-Bake, Ready-To-Eat
2) By Recipe:
Bread, Viennoiserie, Patisserie, Savory Snacks
3) By Category:
Gluten Free, Conventional
4) By End-User:
Convenience Stores, Hypermarkets And Supermarkets, Artisans Bakers, Hotels,
Restaurants And Catering (HORECA), Bakery Chains, Online Channels
The table of contents in TBRC’s frozen bakery market report includes:
1. Executive Summary
2. Frozen Bakery Market Characteristics
3. Frozen Bakery Market Trends And Strategies
4. Frozen Bakery Market - Macro Economic Scenario
5. Global Frozen Bakery Market Size and Growth
.
32. Global Frozen Bakery Market Competitive Benchmarking
33. Global Frozen Bakery Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Frozen Bakery Market
35. Frozen Bakery Market Future Outlook and Potential Analysis
36. Appendix
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