Specialty Frozen Bakery Global Market Segmentation and key Players Analysis 2022
Pune, India, 19th January 2018: WiseGuyReports announced addition of new report, titled “Global Specialty Frozen Bakery Market – Trends & Forecast, 2016-2022”.
Pune, India – January 19, 2018 /MarketersMedia/ —
Report Description-
In global specialty bakery market, bread rolls/artisan loaves and sweet baked goods/ morning goods together holds more than 90% of market share in 2016 (both in terms of value and volume) as maximum specialty frozen bakery products available in the market are comes under these two categories. North America holds major market share in sweet baked goods in 2016 and it will grow at the CAGR of 3.85% (in terms of volume) during the forecast period. Home maker will witness growth rate during the forecast period (in terms of value) due to increasing demand of various types of specialty frozen bakery products across the globe. Europe captures major market share in Home maker customer segment in 2016 as significant amount of specialty frozen bakery in Europe is used for home makers especially in countries like Italy and Germany.
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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% as changing lifestyle and adoption of various frozen bread rolls/ artisan loaves and sweet bakery goods in regular diet encouraging specialty frozen bakery products consumption. Improvement in distribution channels for specialty frozen bakery products is influencing the sales of frozen bakery products in Europe and North America region. Globally, QSR and foodservice holds more than 45% of market share in 2016 as maximum variety of specialty frozen bakery products available in QSR and foodservices compare to others. Convenience / independent retail will witness higher growth rate during the forecast period due to increasing number of small vendors in specialty frozen bakery market.
In terms of value, North America and Europe together holds major market share in 2016 as QSR are quite popular for specialty frozen baker products in North America and Europe. Rest of the World which includes Turkey, Saudi Arabia, Brazil and South Africa will witness maximum growth rate followed by North America during the forecast period.
Key Players
The leading market players in the global specialty frozen bakery market primarily are Aryzta AG (Switzerland), Flowers Foods, Inc. (U.S.), Rich Products (U.S.), Lantmannen Unibake (Denmark), Grupo Bimbo SAB de CV (Mexico), Vandemoortele Bakery (France), Europastry Sa (Spain), Harry-Brot GmbH (Germany), Mantinga, UAB (Lithuania) and Il Germoglio Food Spa (Italy)
Target Audience
• Specialty Frozen Bakery Manufacturers
• Food Industry
• Frozen food suppliers
• Bakery Industry
• Retailers and wholesalers
• Traders, importers and exporters
Key Findings
• The Global Specialty Frozen Bakery market is projected to reach USD 3,434 million by 2022 with CAGR of 4.45%
• Globally, the convenience/ independent retail is growing at higher rate of 4.89% during the forecast period 2016 to 2022.
• In North America, sweet baked goods & morning goods holds more than 90% of market share in 2016
Table of Content
1 Executive Summary 16
2 Introduction 17
2.1 Definition 17
2.2 Scope of the Study 17
2.2.1 Research Objective 17
2.2.2 Assumptions 17
2.2.3 Limitations 17
2.3 Market Structure 17
3 Research Methodology 20
3.1 Introduction 20
3.2 Primary Research 21
4 Secondary Research 22
5 Market Dynamics 23
5.1 Introduction 23
5.1.1 Key Drivers in Specialty Frozen Bakery Market 24
5.1.1.1 Increase in Demand for Traditional and Region Specific Artisanal Bakery Products 24
5.1.1.2 Value Addition to Bakery Products 24
5.1.1.3 Increase in demand for convenience bakery and frozen foods 24
…Continued
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