Frozen Bakery Industry Overview

 

The global frozen bakery market was worth USD 42.95 billion in 2022, expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.

 

The rising popularity of frozen bakery products owing to their properties such as low cost, ease of preparation, and widespread availability are major factors propelling the global market growth. Frozen bakery products are higher in demand than conventional ones owing to their longer shelf life. The ease of thawing and baking increases demand for these products, boosting growth. These products provide quick service while also retaining taste and freshness. Manufacturers have profited by distributing these products to various food establishments such as in-store bakeries, coffee chains, gas stations, and quick-service restaurants. Furthermore, these products are available all year, which is likely to increase demand.

 

Gather more insights about the market drivers, restrains and growth of the Frozen Bakery Market

 

Advances in food processing techniques have resulted in the growth of the fast-food industry. The growing number of food joints and restaurants providing convenience and fast food for those who do not have time to cook meals at home is anticipated to drive growth in the frozen bakery market. The growing popularity of on-the-go eating complements the increasing consumption of convenient foods. As people's lives are becoming more hectic, ready-to-eat meals will become even more popular, bolstering the overall industry growth.

 

Frozen bakery products, such as bread, are being developed in conjunction with technological advancements in the bakery sector, allowing consumers and businesses to access convenient and delicious products. Frozen bakery products do not require advanced facilities or specialized equipment, these products only need a simple oven or proofer. Additionally, bread can be baked only when the supply runs low or when needed. This factor is expected to compel commercial bakery manufacturers to produce par-baked products or frozen dough due to advantages such as lower carbon footprint and reduced waste generation which may promote market growth in coming years.

 

Traditional baking is being replaced by Bake-Off technologies (BOT) in the industry. Partially baked unfrozen bread, unfermented frozen dough, and partially baked frozen bread, and are the three major BOTs. Another significant product category for the food industry, particularly for the hotel and catering sectors is ready-to-bake and frozen semi-baked products. Fresh-baked bread can also be easily substituted with pre-proofed frozen dough. Furthermore, the market expansion will also be driven by the adoption of Individual Quick Frozen technology (IQF) to preserve fresh frozen bakery goods.

 

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Frozen Bakery Market Segmentation

 

Grand View Research has segmented the global frozen bakery market based on product, distribution channel, and region:

Frozen Bakery Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Bread
  • Cakes & Pastries
  • Doughnuts & Pies
  • Pizza
  • Novelties

Frozen Bakery Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Bakery Stores
  • Online

Frozen Bakery Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • Spain
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE

 

Key Companies profiled:

  • Kellogg Co.
  • Cargill, Incorporated
  • Conagra Brands, Inc.
  • Custom Foods Inc.
  • Vandemoortele NV
  • Bridgford Foods Corporation
  • Associated British Foods plc
  • General Mills Inc.
  • Europastry
  • Cole’s Quality Foods, Inc.
  • Flowers Foods

 

 

Key Frozen Bakery Company Insights

 

  • In February 2022, Griddle, a frozen bakery products company, launched frozen vegan toaster waffles in their easy-baking product portfolio. The new waffles have 40% lesser sugar content than regular waffles, are made from natural ingredients, and are HFSS compliant. The new frozen vegan waffles are launched in three variants namely chocolate chip, original, and blueberry.
  • In March 2022, Wonder Bakery, an industrial-grade bakery company, announced plans to build a 62,000-square-foot production and distribution facility in Dubai industrial city for USD 14 million. The facility has a production capacity of  50,000 tons of frozen and fresh bakery products as well as cold and hot kitchen products per year.

 

Order a free sample PDF of the Frozen Bakery Market Intelligence Study, published by Grand View Research.