Global Frozen Bakery Products Market By Product Type (Bread, Pizza Crusts, Pastries, Cakes & Cupcakes, Cookies, Bagels, Doughnuts, Muffins), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Bakery Outlets, Specialty Stores), By End User (Household, Food Service Industry, Bakery, Catering), & By Geographic Scope And Forecast

Report ID: 22766|No. of Pages: 202

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Global Frozen Bakery Products Market By Product Type (Bread, Pizza Crusts, Pastries, Cakes & Cupcakes, Cookies, Bagels, Doughnuts, Muffins), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Bakery Outlets, Specialty Stores), By End User (Household, Food Service Industry, Bakery, Catering), & By Geographic Scope And Forecast

Report ID: 22766|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Frozen Bakery Products Market Size and Forecast

Frozen Bakery Products Market size was estimated at USD 23.39 Billion in 2024 and is projected to reach USD 49.45 Billion by 2031, growing at a CAGR of 9.81% from 2024 to 2031.

  • Frozen bakery products are pre-baked bread, pastries, and other baked goods that are flash-frozen to preserve freshness and extend shelf life. These items are typically stored in a freezer and require baking or reheating before consumption.
  • Frozen bakery products are utilized in various settings. In households, they offer convenience by providing readily available baked goods without the time commitment of baking from scratch.
  • Restaurants can leverage frozen options to maintain consistent product quality and reduce preparation times.
  • They provide convenience and time-saving benefits. Additionally, frozen products can often be more affordable than their fresh counterparts due to longer shelf life and reduced waste.
  • Consistent quality is ensured as the baking process is controlled during manufacturing.

Frozen Bakery Products Market is estimated to grow at a CAGR of 9.81% & reach USD 49.45 Bn by the end of 2031

Global Frozen Bakery Products Market Dynamics

The key market dynamics that are shaping the frozen bakery products market include:

Key Market Drivers

  • Increasing Demand for Convenience: Convenient food options are increasingly sought by consumers due to busy lifestyles and time constraints. A readily available solution is offered by frozen bakery products, requiring minimal preparation compared to baking from scratch. This trend is particularly influential in urban areas with fast-paced lives.
  • Rising Disposable Incomes: Globally, as disposable incomes rise, consumers are provided with more discretionary spending for convenient food options. The growth of the frozen bakery products market is fueled by this increased spending power.
  • Expanding Distribution Channels: Accessibility to frozen bakery products has been increased by the expansion of retail channels, including supermarkets, hypermarkets, and online retailers. Market growth is fostered by this wider availability, making these products more convenient to purchase.
  • Product Innovation and Diversification: In the frozen bakery sector, offerings are constantly innovated and diversified by manufacturers. This includes the introduction of new product lines, catering to dietary restrictions (e.g., gluten-free), and focusing on healthier ingredients. The market remains exciting for consumers and encourages continued growth due to this focus on innovation.

 Key Challenges

  • Perception of Quality: Consumers often hold a perception that frozen bakery products lack the freshness and taste of their homemade or bakery-bought counterparts. This perception can be attributed to a lack of awareness about advancements in freezing technology and the potential impact on taste and texture.
  • Cold Chain Management: Maintaining a consistent cold chain throughout the supply chain, from manufacturing to final consumption, is crucial for frozen bakery products. Disruptions in temperature control can negatively impact product quality and safety, leading to spoilage and deterring consumer purchase.
  • Competition from Fresh Alternatives: The frozen bakery market faces constant competition from fresh bakery products readily available in supermarkets and bakeries. This competition can be particularly intense for items like bread and pastries, where consumers may prioritize freshness over convenience.

Key Trends

  • Expansion of Healthy Options: The market is witnessing a rise in the availability of healthy frozen bakery products. This includes options made with whole grains, gluten-free flour, and reduced sugar content, catering to health-conscious consumers.
  • E-commerce Growth: Online grocery shopping is becoming increasingly popular, providing a convenient platform for consumers to purchase frozen bakery products. This trend is expected to further propel the market’s growth.
  • Focus on Clean-Label Ingredients: Consumers are demanding greater transparency in food labeling. This is leading to a rise in frozen bakery products made with clean-label ingredients, free from artificial flavors, colors, and preservatives. Manufacturers are actively reformulating products to cater to this growing preference.

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Global Frozen Bakery Products Market Regional Analysis

Here is a more detailed regional analysis of the frozen bakery products market:

Europe

  • Europe’s long and rich tradition of bread consumption results in consumers being receptive to convenient options like frozen bread.
  • As European lifestyles become busier, the demand for convenient food options like frozen bakery products is increased.
  • Access to advanced freezing and packaging technologies ensures high-quality frozen bakery products by European manufacturers.
  • Frozen bakery products are prominently stocked by European supermarkets, making them readily available to consumers, further solidifying the region’s dominance in the market.

North America

  • Convenience is prioritized by North American consumers, with frozen bakery products meeting this need through readily available baked goods.
  • Increased demand for time-saving solutions is driven by busy lifestyles, making frozen bakery products an attractive option for quick meals or snacks.
  • Innovation in the frozen bakery sector is constant among North American companies, with new and exciting product varieties being introduced to keep consumers engaged.

Global Frozen Bakery Products Market: Segmentation Analysis

The Global Frozen Bakery Products Market is Segmented Based on Product Type, Distribution Channel, End-Users, and Geography.

Frozen Bakery Products Market Segments Analysis

Frozen Bakery Products Market, By Product Type

  • Bread
  • Pizza Crusts
  • Pastries
  • Cakes & Cupcakes
  • Cookies
  • Bagels
  • Doughnuts
  • Muffins

Based on Product Type, the market is segmented into Bread, Pizza Crusts, Pastries, Cakes & Cupcakes, Cookies, Bagels, Doughnuts, and Muffins. The largest market share is held by pizza crusts, attributed to the rising consumption of convenient and quick meal options like pizzas, particularly in Western countries and parts of Asia.

Frozen Bakery Products Market, By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail
  • Bakery Outlets
  • Specialty Stores

Based on the Distribution Channel, the market is bifurcated into Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Bakery Outlets, and Specialty Stores. The largest market share for frozen bakery products is attributed to supermarkets and hypermarkets. This dominance is credited to the extensive variety of frozen bakery products offered by these stores, catering to a broad customer base who prefer physical selection and inspection of items before purchase.

Frozen Bakery Products Market, By End-Users

  • Household
  • Food Service Industry
  • Bakery
  • Catering

Based on End-Users, the market is classified into Household, Food Service Industry, Bakery, and Catering. The food service industry is estimated to hold the largest market share. This is due to the industry’s requirement for consistent quality, convenience of pre-prepared items, and ability to efficiently manage large-scale baking needs.

Frozen Bakery Products Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Frozen Bakery Products Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest market share is held by Europe, attributed to the historical significance of bread and pastries in European cuisine and the encouragement by EU member nations for the production of these frozen goods.

Key Players

The “Frozen Bakery Products Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Grupo Bimbo S.A.B. De C.V., Europastry, S.A., General Mills Inc., Associated British Foods PLC, Conagra Brands Inc., Lantmannen Unibake International, Kellogg Company, Vandemoortele NV, Premier Foods PLC, and Aryzta AG.

Our market analysis includes a section specifically devoted to such major players, where our analysts give an overview of each player’s financial statements, product benchmarking, and SWOT analysis. The competitive landscape section also includes key development strategies, market share analysis, and market positioning analysis of the players above globally.

Frozen Bakery Products Market Recent Developments

Frozen Bakery Products Market Recent Developments

  • In February 2022, the first range of vegan products was launched by Baker & Baker, the European bakery products manufacturer. The new vegan range includes cookies, doughnuts, and muffins. The products are thawed and served or baked from frozen, with a shelf life of between two and five days.
  • In February 2022, new frozen vegan toaster waffles were introduced by the frozen baked goods company Griddle. The waffles are available in three variations – original, blueberry, and chocolate chip. The products contain 40% less sugar than the average waffle. They are made using 100% natural ingredients and contain no artificial colors, flavors, or preservatives.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

Grupo Bimbo S.A.B. De C.V., Europastry, S.A., General Mills Inc., Associated British Foods PLC, Conagra Brands Inc., Lantmannen Unibake International, Kellogg Company, Vandemoortele NV, Premier Foods PLC, and Aryzta AG.

Segments Covered

Product Type, Distribution Channel, End-Users, and Geography.

Customization Scope

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Frozen Bakery Products Market size was estimated at USD 23.39 Billion in 2024 and is projected to reach USD 49.45 Billion by 2031, growing at a CAGR of 9.81% from 2024 to 2031.

An increase in acceptance of frozen bakery products and other factors such as speed of preparation, convenience, low costs, and easy product availability are driving the growth of the Frozen Bakery Products Market.

The major players are Grupo Bimbo S.A.B. De C.V., Europastry, S.A., General Mills Inc., Associated British Foods PLC, Conagra Brands Inc., Lantmannen Unibake International, Kellogg Company, Vandemoortele NV, Premier Foods PLC, and Aryzta AG.

The Global Frozen Bakery Products Market is Segmented Based on Product Type, Distribution Channel, End-Users, and Geography.

The sample report for the Frozen Bakery Products Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL FROZEN BAKERY PRODUCTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL FROZEN BAKERY PRODUCTS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL FROZEN BAKERY PRODUCTS MARKET, BY TECHNOLOGY
5.1 Overview
5.2 Ready-To-Bake (Partially Baked Frozen Products)
5.3 Raw Material (Frozen Dough)
5.4 Ready Baked & Frozen (Fully Baked Products)

6 GLOBAL FROZEN BAKERY PRODUCTS MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.2 Retail
6.3 Artisan Bakers

7 GLOBAL FROZEN BAKERY PRODUCTS MARKET, BY TYPE
7.1 Overview
7.2 Pizza Crusts
7.3 Breads
7.4 Cakes and Pastries
7.5 Others

8 GLOBAL FROZEN BAKERY PRODUCTS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World
8.6.1 Middle East & Africa

9 GLOBAL FROZEN BAKERY PRODUCTS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies

10 COMPANY PROFILES

10.1 Grupo Bimbo S.A.B. De C.V.
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Europastry, S.A.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 General Mills Inc
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Associated British Foods PLC
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 Conagra Brands, Inc.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Lantmannen Unibake International
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Kellogg Company
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Vandemoortele NV
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 Premier Foods PLC
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 Aryzta AG
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 Appendix
11.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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