A recent report published by Infinium Global Research on frozen bakery products market provides in-depth analysis of segments and sub-segments in the global as well as regional frozen bakery products market. The global frozen bakery products market is projected to grow at a CAGR of 8.2% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 03/21/2019 -- The Frozen Bakery Products Market's segment market shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates. Each segment represented visually with supporting reasons to justify the growth rates. IGR's report also covers drivers and restraints in the frozen bakery products market.
Infinium Global Research's report covers the annual growth of the Global frozen bakery products market. It also includes chapters on the Global frozen bakery products industry trends, geographic analysis, and competitive landscape.
The report also includes a SWOT analysis to present the indicators of strength, weakness, prospects, and risk of the market until the completion of the projection period in 2024.
Frozen Bakery Products Market: Industry Insight
Frozen bakery products market is expanding rapidly. Frozen bakery products include frozen bread, frozen cakes, frozen pizza crust, frozen pastries, frozen patisseries, frozen cookies, and several others. Frozen bakery products have increased shelf life and reduce food wastage.
Get Sample Report Copy for Market Insights @ https://www.infiniumglobalresearch.com/reports/sample-request/3537
Frozen Bakery Products Market: Drivers and Restraints
The increasing demand for convenience foods due to busy lifestyles and increased participation of woman in the workforce primarily drives the growth of the frozen bakery products market. Frozen bakery products allow customers to prepare food in a short period of time without requiring a pastry chef or a specialized oven. In addition, the growing number of cafes and retail bakeries promotes market growth. However, low consumption of such foodstuffs in emerging markets hampers the growth of the frozen bakery products market. Moreover, the growing trend of on-the-go breakfast products creates favorable growth opportunities for the frozen bakery products market.
Frozen Bakery Products Market: Segmentation
The report on the global frozen bakery products market is segmented into technology and application. The technology segment is further segmented into ready-to-bake, ready-to-prove, and ready-to-thaw. Among the technologies, ready-to-bake segment holds a significant share as they provide advantages such as they are time-saving, convenient, easily available and affordable. The application segment is further bifurcated into frozen cakes & pastries, frozen bread, frozen pizza crusts, frozen cookies, and others. Frozen bread accounts for the highest share among the application segment as it is highly consumed as breakfast in several countries.
Request a Discount on Standard Prices of this Premium Report @ https://www.infiniumglobalresearch.com/reports/request-discount/3537
Frozen Bakery Products Market: Regional Insight
Europe dominates the global frozen bakery products market. European countries are the largest consumers of bread and bakery products that in turn drives the growth of the frozen bakery products market in this region. In addition, increasing disposable income, changing lifestyle has increased the demand for the frozen bakery products. North America holds the second largest share in the frozen bakery products market owing to the high spending capacity of the consumers and the increased consumption of convenience foods in this region. Asia Pacific is set to grow at the highest CAGR owing to the increasing urbanization, a growing number of food outlets and expanding food industry in this region.
Frozen Bakery Products Market: Competitive Analysis
The frozen bakery products market is highly fragmented with international and local players. The prominent players in the market include ALPHA BAKING COMPANY, INC, Associated British Foods plc, Aryzta AG, Bridgford Foods Corporation, Barilla G. e R. Fratelli S.p.A, EUROPASTRY, S.A., Conagra Brands, Inc., General Mills Inc, Custom Foods, Inc., Grupo Bimbo, and PEPPERIDGE FARM INCORPORATED among others. The companies are focusing on product differentiation and the launch of new products. IN 2018, General Mills Inc. had launched new products such as frozen biscuits, brownies and cinnamon rolls to enhance their products offerings.
Read Detailed Index of full Research Study at https://www.infiniumglobalresearch.com/food-beverage/global-frozen-bakery-products-market