Compared to various types of frozen pizza, thin crust is likely to be one of the top-selling frozen pizzas. By 2026 end, thin crust frozen pizza is projected to reach nearly US$ 12,400 million revenue.
Albany, NY -- (SBWIRE) -- 01/12/2018 -- In the last few years, frozen pizza has really become popular. Now people can save money by not paying delivery fees and have great tasting pizzas at home. Recently, a study has been analyzed that changing consumer taste and the rise in health-conscious customers are gradually reducing demand for frozen and processed food. It is well-known that Pizza is such a popular food item, thus demand for frozen pizza is also growing in the global market. Considering these facts, Market Research Hub (MRH) has publicized a new study titled "Frozen Pizza Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026" to its mega repository, which provides readers a clear picture of the current scenario of the market, with a prime focus on regions such as the Asia Pacific Excluding Japan (APEJ), Europe, North America, Japan, Latin America, and the Middle East and Africa (MEA).
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This 170-page report also includes key developments taking place in the frozen food industry including the events that took place in the past and the events that are likely to take place during the forecast period 2017-2026. As per the report recent findings, the market is estimated to increase to 6.5% CAGR, reaching US$ 25,971.1 million revenue towards the end of 2026. From a geographical viewpoint, North America is expected to witness the highest growth in the global frozen pizza market. Increasing number of people in the region are opting for the frozen food products for their meal due to the busy lifestyle.
Other Factors fueling Market Growth
The market is also gaining popularity as it is useful and also saves cooking time. Along with the regular pizza, the demand for specialty pizza such as dairy-free and gluten-free pizza is also growing by the people suffering from gluten and dairy intolerance.
Additionally, increasing focus on natural ingredients in frozen pizza and pizza free from additives are also resulting in the growing demand. Frozen pizza makers are also looking forward to the high-tech blend of ingredients in order to make more extensible and softer dough without becoming excessively weak or sticky.
By size, the market segment includes large, medium and small. Of these, the medium size of the frozen pizza is expected to account for the maximum revenue share. Based on the distribution channel, Food chain services are expected to account for the maximum sales in the global frozen pizza market.
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The report consists information on the various key players operating in the global frozen pizza market such as General Mills, Atkins Nutritionals, Inc., H.J. Heinz, Nestle S.A., McCain Foods Ltd., Dr. Oetker GmbH, Daiya Foods Inc., Connies Pizza, California Pizza Kitchen, Conagra Brands, Inc., and FRoSTA AG. These key market players have been outlined in terms of attributes such as company overview, financial overview, business strategies and recent developments.
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