Global Frozen Bakery Product Market Overview
The Global Frozen Bakery Product market was valued at USD 25.17 billion in 2023 and is expected to reach USD 39.18 billion by the year 2032, at a CAGR of 5.04%.
The food that has been rapid freezing and is kept frozen until consumption or utilized by the consumer. Frozen bakery foods are often packaged before being displayed and in the majority of cases the packaging cover, and protects, the food on display. Moreover, frozen bakery products such as breads and rolls, cakes and pastries, cookies and others have a very limited shelf-life, therefore are not purchased in a large quantity by consumers. In addition, storage of frozen bakery products at a proper temperature is necessary to make certain safety and to overcome wastage. The proper diet depends on different types of food consumed. Bakery products available in sweet, unsweetened and consumption forms such as ready to eat and ready to bake an important part of the proper die. Moreover, an increasing the growth in frozen bakery products due to fast paced life, hectic schedule and rising bakery food awareness in recent years which is expected to continue in upcoming period.
Report Coverage:
The global market report of Frozen Bakery Products Market by the Introspective Market Research includes qualitative and quantitative insights. The company also offers a detailed analysis of the market size and growth rate of the possible segments. Different key insights presented in the report are an overview of that related of the market, also competitive rivalry, recent developments, collaboration and mergers.
COVID-19 Impact Analysis of Frozen Bakery Product Market:
The COVID-19 outbreak has influenced different sectors in different manner. Owing to lockdown and restrictions by the government effect on supply chain of frozen bakery products. The shortage of raw materials and labor, and some restrictions on the movement of people, are factors leads to hampering the production of frozen bakery products. The frozen food industry has seen a steady growth between pandemic as people are consuming foods that have a longer shelf life.
An increase the consumer preference through online purchase for frozen bakery products which resulted to growth record of sales for bakery products by 75% rise, according to America Frozen Food Institute (AFFI). Therefore, growth in online sales for bakery products is the prime driving factor to rise the frozen bakery products market.
Market Dynamics And Factor
Drivers:
An increasing the busy work schedule and changing the work life style, people are shifting towards the ready to eat and ready to bake products which include frozen bakery products also. Owing to easy availability and time saving bakery products utilized by the consumer leads to growth in the market during forecast period.
Switching people to more luxuries and premium product with high quality and safety products which helps to growth in the market. In addition, rising health consciousness among consumers, they are shifted towards the healthy and safe products rather than cheap and unhealthy products which creates the growth path in frozen bakery products market.
Restraints:
An increasing health concerns, rising obese population and increasing problem of childhood obesity are some of the factors hindering the growth of frozen bakery products over forecast period.
Opportunities:
Some of the key players are focusing on offering more healthy products by including natural sweeteners, organic ingredients products also started offering fat-free, protein-based products and cholesterol-free frozen bakery products will create the lucrative opportunities in the frozen bakery products market in upcoming years. For instance, in march 2020, Europastry emerge with Nocilla, Nestle, Ferrero Rocher, Lotus, and Disney to produce products with high matured value and quality.
Market Segmentation
Type Insights
Based on Product Type, bread and rolls segment accounted for the major market share owing to highest demand by the consumers in all region. Bread is a staple food made up of a dough of water and flour. Bread has been a primary food in many nations for a very long period. A rise in demand for bread as frozen bakery due to offering various variety additives such as synthetic chemicals, nuts, fruits which helps to improve the bread texture, flavor as well as shelf life.
Based on Source, wheat is accounted for the largest share due to availability of wheat and high production in respective region, and preference by the consumer for the wheat based frozen bakery product
Based on Category, gluten free products dominate market. Gluten is a protein found in wheat flour and is primarily used for making bakery food items. Gluten has a glue-like characteristic that creates a stickiness and gives the breads ability to rise when they are baked. The consciousness between the consumers regarding gluten causing celiac disease and other digestive health issues is leading the consumers to shift to gluten-free diet products.
Based on Form of Consumption, due to fast paced life and time saving pattern in order to busy life style, ready to eat segment dominate the major share in the market.
Based on End User, retail and food service industry has accounted the largest share in the market. An increasing demand in food service industry for frozen bakery products and easy availability in retail stores such as supermarket, convenience store is expected to growth in market.
Based on Distribution Channels, retail bakery accounted the largest share in the market owing to easy availability for the consumers.
Regional Analysis
Europe region dominate the market share owing to rising demand for comfort food, frozen food, ready to eat food, quick service restaurants, online food delivery services and other factors. According to report published by Food Drink Europe, the food and beverage industry considered for turnover around US$ 1,463.5 billion by 2020 making largest producing industry in Europe.
In North America people are prefers more luxurious and premium product due to high quality and more safer products than cheap products lead to growth in frozen bakery products market. Additionally, high disposal income, and high matured economies such as US, Canada, an increased health awareness leads to growth in market. The growing preference by the consumer towards bakery products including frozen products, high population and availability of raw materials in Asia Pacific region leads to growth in market over forecast period.
In Latin America and Middle East and Africa, peoples are looking for more convenience foods, ready to eat food also growing population in these region leads to growth in the market. Additionally, growing the food service and beverage industry owing to market penetration by the key players and local players helps to fueled growth in frozen bakery food market during projected period.
Players Covered in Frozen Bakery Product market are :
- General Mills
- Aryzta AG
- Grupo Bimbo S.A.B. de C.V.
- Associated British Foods Plc.
- TreeHouse Foods Inc.
- Flower Foods Inc.
- Dawn Foods Products Inc.
- Europastry S.A.
- Lantmannen Unibake International
- Vandemoortele NV.
- Cole’s Quality Foods Inc.
- Bridgford Foods Corporation
- General Mills (USA)
- Aryzta AG (Switzerland)
- Grupo Bimbo S.A.B. de C.V. (Mexico)
- Associated British Foods Plc. (United Kingdom)
- TreeHouse Foods Inc. (USA)
- Flower Foods Inc. (USA)
- Dawn Foods Products Inc. (USA)
- Europastry S.A. (Spain)
- Lantmannen Unibake International (Denmark)
- Vandemoortele NV. (Belgium)
- Cole’s Quality Foods Inc. (USA)
- Bridgford Foods Corporation (USA)
- Conagra Brands Inc. (USA)
- Rich Products Corporation (USA)
- CSM Bakery Solutions (USA)
- Kellogg Company (Eggo) (USA)
- Tyson Foods Inc. (USA)
- Lidl Stiftung & Co. KG (Germany)
- Warburtons Ltd. (United Kingdom)
- Premier Foods plc (United Kingdom)
- McCain Foods Limited (Canada)
- Delifrance (France)
- Conagra Brands Inc. and others major players.
Key Industry Developments:
In January 2024, EQUII, the pioneering complete protein food tech company, announced its partnership with Bridor, the North American leader in high-quality bakery products, to revolutionize the artisanal bakery sector with complete protein baked goods. This collaboration aimed to enhance the nutritional value of bread by introducing higher protein and improved nutrition to North American artisanal bakeries. Leveraging their cutting-edge fermentation technology and state-of-the-art manufacturing capabilities, they sought to address shifting consumer preferences and dietary trends by creating health-focused protein breads and a variety of indulgent bakery products.
In May 2023, Edita Food Industries completed its acquisition of a food company specializing in frozen baked goods last week, according to sources cited by Daily News Egypt. The final agreement was signed, securing 100% of the company's shares for EGP 380 million. Although the company's name has not been disclosed, sources indicated that this acquisition aligns with Edita's expansion strategy, aiming to bolster its business model. The deal is part of Edita's broader growth plan, which includes adding new production lines. The acquisition marks a significant step in Edita's efforts to enhance its market presence and product offerings.
Global Frozen Bakery Product Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 25.17 Bn. |
Forecast Period 2024-32 CAGR: |
5.04% |
Market Size in 2032: |
USD 39.18 Bn. |
Segments Covered: |
By Type |
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By Form of Consumption |
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By Distribution Channels |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Form of Consumption
3.3 By Distribution Channels
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Frozen Bakery Products Market by Type
5.1 Frozen Bakery Products Market Overview Snapshot and Growth Engine
5.2 Frozen Bakery Products Market Overview
5.3 Breads & Rolls
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Breads & Rolls: Grographic Segmentation
5.4 Pizza Crusts
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Pizza Crusts: Grographic Segmentation
5.5 Cakes & Pastries
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Cakes & Pastries: Grographic Segmentation
5.6 Cookies & Biscuits
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Cookies & Biscuits: Grographic Segmentation
5.7 Donuts
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Donuts: Grographic Segmentation
5.8 Others
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Others: Grographic Segmentation
Chapter 6: Frozen Bakery Products Market by Form of Consumption
6.1 Frozen Bakery Products Market Overview Snapshot and Growth Engine
6.2 Frozen Bakery Products Market Overview
6.3 Ready to Eat
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Ready to Eat: Grographic Segmentation
6.4 Ready to Bake
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Ready to Bake: Grographic Segmentation
6.5 Ready to Proof
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Ready to Proof: Grographic Segmentation
Chapter 7: Frozen Bakery Products Market by Distribution Channels
7.1 Frozen Bakery Products Market Overview Snapshot and Growth Engine
7.2 Frozen Bakery Products Market Overview
7.3 Retail Bakery
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Retail Bakery: Grographic Segmentation
7.4 Caterings
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Caterings: Grographic Segmentation
7.5 Online
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Online: Grographic Segmentation
7.6 Artisan Baker
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Artisan Baker: Grographic Segmentation
7.7 Others
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2017-2032F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Others: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Frozen Bakery Products Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Frozen Bakery Products Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Frozen Bakery Products Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 GENERAL MILLS
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 ARYZTA AG
8.4 GRUPO BIMBO S.A.B. DE C.V.
8.5 ASSOCIATED BRITISH FOODS PLC.
8.6 TREEHOUSE FOODS INC.
8.7 FLOWER FOODS INC.
8.8 DAWN FOODS PRODUCTS INC.
8.9 EUROPASTRY S.A.
8.10 LANTMANNEN UNIBAKE INTERNATIONAL
8.11 VANDEMOORTELE NV.
8.12 COLE’S QUALITY FOODS INC.
8.13 BRIDGFORD FOODS CORPORATION
8.14 CONAGRA BRANDS INC
8.15 OTHER MAJOR PLAYERS
Chapter 9: Global Frozen Bakery Products Market Analysis, Insights and Forecast, 2017-2032
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Type
9.2.1 Breads & Rolls
9.2.2 Pizza Crusts
9.2.3 Cakes & Pastries
9.2.4 Cookies & Biscuits
9.2.5 Donuts
9.2.6 Others
9.3 Historic and Forecasted Market Size By Form of Consumption
9.3.1 Ready to Eat
9.3.2 Ready to Bake
9.3.3 Ready to Proof
9.4 Historic and Forecasted Market Size By Distribution Channels
9.4.1 Retail Bakery
9.4.2 Caterings
9.4.3 Online
9.4.4 Artisan Baker
9.4.5 Others
Chapter 10: North America Frozen Bakery Products Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Breads & Rolls
10.4.2 Pizza Crusts
10.4.3 Cakes & Pastries
10.4.4 Cookies & Biscuits
10.4.5 Donuts
10.4.6 Others
10.5 Historic and Forecasted Market Size By Form of Consumption
10.5.1 Ready to Eat
10.5.2 Ready to Bake
10.5.3 Ready to Proof
10.6 Historic and Forecasted Market Size By Distribution Channels
10.6.1 Retail Bakery
10.6.2 Caterings
10.6.3 Online
10.6.4 Artisan Baker
10.6.5 Others
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Frozen Bakery Products Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Breads & Rolls
11.4.2 Pizza Crusts
11.4.3 Cakes & Pastries
11.4.4 Cookies & Biscuits
11.4.5 Donuts
11.4.6 Others
11.5 Historic and Forecasted Market Size By Form of Consumption
11.5.1 Ready to Eat
11.5.2 Ready to Bake
11.5.3 Ready to Proof
11.6 Historic and Forecasted Market Size By Distribution Channels
11.6.1 Retail Bakery
11.6.2 Caterings
11.6.3 Online
11.6.4 Artisan Baker
11.6.5 Others
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Frozen Bakery Products Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Breads & Rolls
12.4.2 Pizza Crusts
12.4.3 Cakes & Pastries
12.4.4 Cookies & Biscuits
12.4.5 Donuts
12.4.6 Others
12.5 Historic and Forecasted Market Size By Form of Consumption
12.5.1 Ready to Eat
12.5.2 Ready to Bake
12.5.3 Ready to Proof
12.6 Historic and Forecasted Market Size By Distribution Channels
12.6.1 Retail Bakery
12.6.2 Caterings
12.6.3 Online
12.6.4 Artisan Baker
12.6.5 Others
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Frozen Bakery Products Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Breads & Rolls
13.4.2 Pizza Crusts
13.4.3 Cakes & Pastries
13.4.4 Cookies & Biscuits
13.4.5 Donuts
13.4.6 Others
13.5 Historic and Forecasted Market Size By Form of Consumption
13.5.1 Ready to Eat
13.5.2 Ready to Bake
13.5.3 Ready to Proof
13.6 Historic and Forecasted Market Size By Distribution Channels
13.6.1 Retail Bakery
13.6.2 Caterings
13.6.3 Online
13.6.4 Artisan Baker
13.6.5 Others
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Frozen Bakery Products Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Breads & Rolls
14.4.2 Pizza Crusts
14.4.3 Cakes & Pastries
14.4.4 Cookies & Biscuits
14.4.5 Donuts
14.4.6 Others
14.5 Historic and Forecasted Market Size By Form of Consumption
14.5.1 Ready to Eat
14.5.2 Ready to Bake
14.5.3 Ready to Proof
14.6 Historic and Forecasted Market Size By Distribution Channels
14.6.1 Retail Bakery
14.6.2 Caterings
14.6.3 Online
14.6.4 Artisan Baker
14.6.5 Others
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Frozen Bakery Product Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 25.17 Bn. |
Forecast Period 2024-32 CAGR: |
5.04% |
Market Size in 2032: |
USD 39.18 Bn. |
Segments Covered: |
By Type |
|
|
By Form of Consumption |
|
||
By Distribution Channels |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
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Key Opportunities: |
|
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Frozen Bakery Products Market research report is 2024-2032.
General Mills, Aryzta AG, Grupo Bimbo S.A.B. de C.V., Associated British Foods Plc., TreeHouse Foods Inc., Flower Foods Inc., Dawn Foods Products Inc., Europastry S.A., Lantmannen Unibake International, Vandemoortele NV., Cole’s Quality Foods Inc., Bridgford Foods Corporation, Conagra Brands Inc., and other major players.
The Frozen Bakery Products Market is segmented into Type, Form of Consumption, Distribution Channels, and region. By Type, the market is categorized into Bread & Rolls, Pizza Crusts, Cakes & Pastries, Cookies & Biscuits, Donuts, and Others. By Form of Consumption, the market is categorized into Ready to Eat, Ready to Bake, and Ready to Proof. By Distribution Channels, the market is categorized into Retail Bakery, catering, Online, Artisan Baker, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The food has been rapid freezing and is kept frozen until consumption or utilized by the consumer. Frozen bakery foods are often packaged before being displayed and in the majority of cases the packaging cover, and protects, the food on display. Moreover, frozen bakery products such as slices of bread and rolls, cakes and pastries, cookies, and others have a very limited shelf-life, therefore are not purchased in a large quantity by consumers.
The Global Frozen Bakery Product market was valued at USD 25.17 billion in 2023 and is expected to reach USD 39.18 billion by the year 2032, at a CAGR of 5.04%.