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Frozen Bakery Market To Grow Rapidly With A CAGR of 4.8% By 2025, Owing To Increasing Expansion of Convenience Stores, Supermarkets And Hypermarkets | Million Insights

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Frozen Bakery Market To Grow Rapidly With A CAGR of 4.8% By 2025, Owing To Increasing Expansion of Convenience Stores, Supermarkets And Hypermarkets | Million Insights

August 25
07:28 2020
Frozen Bakery Market To Grow Rapidly With A CAGR of 4.8% By 2025, Owing To Increasing Expansion of Convenience Stores, Supermarkets And Hypermarkets | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global frozen bakery industry research report offers an in-depth analysis of industry size, share, application, current trends, and revenue drivers. This research report enables numerous opportunities for market players to invest in research and development.

The global frozen bakery market size is anticipated to reach USD 10.50 billion, by 2025, according to a new report by Million Insights. It is projected to register a CAGR of 4.8% during the forecast period from, 2019 to 2025. Owing to the rapid lifestyle changes along with increasing demand for processed food is a key factor driving the growth of the market. The availability of frozen bakery foods for a longer time with easy storage is expected to increase the demand for the product.

Some of the other factors such as the growing expansion of convenience stores, online, and supermarkets and hypermarkets are driving market growth. For instance, in 2017, these distribution channels contributed to over 60% of total sales from retailing, in Mexico. Furthermore, online channels in North America are also expected to have significant growth over the forecast period.

To download the sample PDF of Frozen Bakery Market Report “please” click here: https://www.millioninsights.com/industry-reports/global-frozen-bakery-market/request-sample 

 

In 2018, frozen bread held the largest share of 29.11% based on product types segment. It is projected to ascend at a CAGR of 4.5% over the forecast period between, 2019 to 2025. Despite the decline in sales of bread, in U.S. frozen bread has shown significant growth in the recent past. The international population is striving for healthy bakery products which are anticipated to complement the growth of the frozen bakery market. 

In 2018, Europe holds the highest market share of more than 34.0% in the global market. This growth is majorly attributed by western European countries such as Germany, France, and the U.K., in 2018, Germany held the largest share of the market and is anticipated to carry on with its dominance between 2019 to 2025. Moreover, the growing business trade movements across the countries for frozen pizza are projected to increase the demand of the market. North America held the second-largest share, which is primarily propelled by the rising demand for processed food with rapid urbanization. 

Top players operating in the global market include Kellogg Company; General Mills, Inc.; Cargill Corporation; Custom Foods, Inc.; Flowers Foods; Vandemoortele N.V.; Conagra Brands Inc.; Bridgford Foods Corporation; Europastry; Cole’s Quality Foods Inc.; and Associated British Foods plc; among others.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-frozen-bakery-market 

 

Further key findings from the report suggest:

• In 2018, frozen bread accounted for the highest share of 32.5% in the global frozen bakery market.

• Based on the product segment, pizza is expected to expand at a significant CAGR of 6.0% between the forecast period, 2019 to 2025.

• Based on the distribution channel, the online segment is projected to expand at the fastest CAGR of 6.2% during the forecast period.

• APAC is expected to grow at a CAGR of 5.6% from 2019 to 2025, due to the presence of developing countries such as China & India.

Million Insights has segmented the global frozen bakery market on the basis of product type, distribution channel, and region:

Frozen Bakery Product Type Outlook (Revenue, USD Billion, 2015 – 2025)
    • Bread
    • Cakes & Pastries
    • Doughnuts & Pies
    • Pizza
    • Novelties

Frozen Bakery Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)
    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Bakery Stores
    • Online

Frozen Bakery Regional Outlook (Revenue, USD Billion, 2015 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
        • France
    • Asia Pacific
        • Japan
        • China
        • India
    • Central & South America
    • Middle East & Africa

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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