SPECIALTY FROZEN BAKERY MARKET 2018
Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
SPECIALTY FROZEN BAKERY MARKET 2018 Specialty Frozen Bakery Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
The global market for specialty frozen bakery has witnessed continued demand during the last few years and is projected to reach USD 3,434 million by 2022 with CAGR of 4.45% in terms of value and it is projected to reach 209,530 tons with CAGR of 3.46% in terms of volume. Increase in demand of specialty frozen bakery from quick service restaurants and foodservices will drive the global specialty frozen bakery market during the forecast period.
In terms of value, Europe holds major market share in specialty frozen bakery market but in upcoming years North America will capture majority of market share due to increasing consumption of sweet baked goods in North America. Rest of World will witness higher growth rate followed by North America during the forecast period as popularity of specialty frozen bakery products is increasing in countries like Turkey, Brazil and South Africa. Rise in number of high end bakery shops have created a fast growing segment catering to modern discerning consumer demanding best in class patisserie goods, and varied products from across the world which is supporting specialty frozen bakery market.
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SPECIALTY FROZEN BAKERY MARKET 2018
Intended Audience: •
Specialty Frozen Bakery Manufacturers
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Food Industry
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Frozen food suppliers
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Bakery Industry
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Retailers and wholesalers
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Traders, importers and exporters
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SPECIALTY FROZEN BAKERY MARKET 2018 Regional Analysis The artisanal bakery is concentrated in Europe and specifically in United Kingdom. Increase in demand for artisanal bakery products worldwide is supporting specialty frozen bakery market as lower temperatures during freezing enhance shelf life of the products. Consumers have improved buying the artisanal baked products to enhance flavor to their kitchens, encouraging bakers to find new ways to match with consumer preferences this is opening up opportunities for specialty frozen bakery to reach across regions worldwide and cater to more consumers.
Key Findings: •
The Global Specialty Frozen Bakery market is projected to reach USD 3,434 million by 2022 with CAGR of 4.45%
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Globally, the convenience/ independent retail is growing at higher rate of 4.89% during the forecast period 2016 to 2022.
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In North America, sweet baked goods & morning goods holds more than 90% of market share in 2016
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SPECIALTY FROZEN BAKERY MARKET 2018 Application & Major Players in this Research: Specialty Frozen Bakery Market Prominent Players:
Aryzta AG (Switzerland), Flowers Foods, Inc. (U.S.), Rich Products (U.S.), Lantmannen Unibake (Denmark), Grupo Bimbo SAB de CV (Mexico), Vandemoortele Bakery (France) and Europastry Sa (Spain), Harry-Brot GmbH
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