Market Overview

Global Frozen Bakery Market - Forecast to 2023: Frozen Cake - The Fastest Growing Segment - ResearchAndMarkets.com

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The "Global
Frozen Bakery Market - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
offering.

The global frozen bakery products market was valued at USD 16,543.47
million in 2017 and is expected to register a CAGR of 8% during the
forecast period (2018-2023).

Demand for Convenience in Bakery Products

The convenience factor associated with frozen bakery products is
complemented by the on-the-go snacking trend. The food service sector
has been rapidly diversifying their product portfolio to include
ready-to-bake and ready-to-thaw frozen baked goods. The demand for such
convenient foods has been increasing from rapidly emerging cafes,
restaurants, in-store bakeries, and coffee shops that typically procure
frozen baked goods and thaw or bake them to provide instant delicacies.

The rise of specialty frozen baked goods is complemented by the healthy
offerings associated with it. Baking establishments are increasingly
providing specialty baked goods that are gluten-free, dairy-free,
peanut-free, and soy protein-free to access and capture the
health-conscious consumer segment. The microbiological spoilage of
frozen baked goods by molds, yeast, and bacteria leads to consumers
opting for safer alternatives in fresh baked goods. The quality and
health-conscious consumers are inclining towards fresh-baked delicacies
and artisanal bakers to experience indulgence and satiety.

Key Highlights

  • Frozen Cake - The Fastest Growing Segment
  • Asia-Pacific - The Fastest Growing Region

Notable Developments in the Market

  • Europastry will have expanded its presence on Ulabox and Foodinthebox,
    two online sales platforms aimed at end customers.
  • General Mills manufactured baking mixes and frozen baked goods with no
    artificial flavors or colors for its Gold Medal and Pillsbury brands.
  • Grupo Bimbo acquired Panattiere, a Colombia-based frozen bakery
    company. This acquisition will provide an opportunity for the company
    to increase its footprint in the market by entering foodservice and
    in-store bakery channels.

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Alpha Baking Company Inc.
  • Aryzta AG
  • Associated British Foods PLC
  • Barilla Holdings SpA
  • Bridgford Foods Corporation
  • Conagra Brands Inc.
  • Custom Foods Inc.
  • Europastry
  • General Mills Inc.
  • Grupo Bimbo
  • Kellogg Company

For more information about this report visit https://www.researchandmarkets.com/research/fk9rvs/global_frozen?w=4

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