Frozen Pizza Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026
Albany, NY -- (SBWIRE) -- 10/02/2018 -- With the rising consumption of frozen pizza across various parts of the globe, leading players of the world frozen pizza market are making introduction of new ingredients and types so as to cater to the taste of various regional consumers. Vendors are also making introduction of various new toppings due to their popularity in various regions. Vegan frozen pizzas are also recently gaining traction amongst numerous vegetarian customers.
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A few of the important market participants in the said market are H.J. Heinz., McCain Foods Ltd., Nestle S.A., Atkins Nutritionals, Inc., Dr. Oetker GmbH, California Pizza Kitchen, General Mills, Connies Pizza, Daiya Foods Inc., FRoSTA AG, and Conagra Brands, Inc.
In accordance with the research report on the world market for frozen pizza by Transparency Market Research (TMR), it has been anticipated that strong growth would prevail in the said market. The international market for frozen pizza is estimated to grow at a growth rate of around 6.5% CAGR, thereby reaching a market valuation of around US$ 25,971.1 million revenue towards the end of the period of forecast, i.e. by the year 2026.
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Various frozen food products comprising pizza are experiencing bolstering demand as opposed to the conventional pizza owing to rising awareness amongst the consumer for various frozen food products. In addition to that, the hectic and fast lifestyle of the working population has led to the augmented demand for convenient and instant food products amongst the working population. As such, these factors are regarded as the main driving force for the world market for frozen pizza. Changing presence of customer in terms of toppings and ingredients is also leading to the discovery of interesting and new ingredients that can keep customers engaged whilst enhancing the appeal of frozen pizza at the same time.