Global Frozen Bakery Products Market: Overview
Frozen bakery products consist of cakes, cold pizza, frigid cakes, and pastries. Changing lifestyle and food culture of population demand for more frozen bakery products. As countries are growing economically, product innovations in these food products improve the quality of frigid baked products. These products include sourdough fermentation, enzymes, antioxidants, and hydrocolloids; they are used to enhance texture and flavor of the frozen bakery products and improve the shelf life of the product.
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Global Frozen Bakery Products Market: Growth Factors
The frozen bakery market is anticipated to witness tremendous growth in the near future. Changing lifestyles of consumers and growing demand for processed food products are expected to fuel the global frozen bakery products market growth in the coming years. As compared to traditional bakery products, frozen bakery products can be stored for longer time. Some advantages of the frozen baked goods consist of reasonable prices, better quality, convenient in availability, and environmental manufacturing process. In addition, fast-paced lifestyle, macro environmental factors, and global demand for processed food products may enhance the global frozen bakery products market growth. However, for the temperature and freshly baked products, health problems, and pH range are some restraining factors for the global frozen bakery products market growth.
Global Frozen Bakery Products Market: Segmentation
The global frozen bakery products market is categorized based on type as frigid bread, freezing pastries, frigid cake, cold pizza crust, and others. Based on products, the global market is classified as buns, donuts, rolls, and others. The global frozen bakery products market is further fragmented based on distribution channel as caterers and bakers, baker’s shops, industrial catering, and retailers. The retail segment is further sub-segmented as convenience stores, hypermarket, and supermarket. Industrial catering segment includes catering, food service, and others.
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Global Frozen Bakery Products Market: Regional Analysis
Asia Pacific is predicted to witness growth owing to rising disposable income and great influence of Western culture. Other additional factors are developing economies and growing standard of living among the population. Asia Pacific is expected to depict good economic development and this growth is anticipated to positively influence the global frozen bakery products market growth. The baked industry is expanding its business in Asia Pacific region for processed food products. Europe is expected to dominate other countries in the near future for frigid baked products among other economies. Europe contributed for the largest market chunk for chilled & baked products in developing countries such as Denmark, Norway, Finland, Greece, Switzerland, and Germany. Consumers are able to afford products with improved nutritional and shelf life due to rise in the spending power in North America.
Global Frozen Bakery Products Market: Competitive Players
Major players in the global frozen bakery products market are Premier Foods Plc, Findus Group Quality foods Cole Inc., Cargill Incorporated, Oetker-Gruppe, Lantmannen Unibake, Deloris frigid dough products, Alpha Baking Company Inc., Grupo Bimbo, Pepperidge Farm, Barilla Holding SpA, General Mills Inc., and Associated British Foods Plc. Other players influencing the global market are Custom Foods Inc., Warburtons Baked, Bridgford Foods Corporation, General Mills Inc., Aryzta AG, Talos ZAO, Vaasan Oy, Maple Leaf Foods Inc., Kellogg Company, Flowers Foods Inc., Lantmannen, and Europastry.
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