FMI’s Detailed Report on Frozen Bakery Market Offers Projections of Potential Impact of Corona Virus Outbreak

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Frozen Bakery Market to Face a Significant
Slowdown in 2020, as COVID-19 Sets a Negative
Tone for Investors

• April 2020

Report Id REP-GB-11162 Published On
20-March-2020 Category Food and Beverages
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
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Frozen Bakery Market Analysis

• The frozen bakery market is projected to grow at
  an very healthy CAGR of 7.4 during the forecast
  period (2019-2029). A significant increase in
  consumer demand for convenience foods, resulting
  from hectic lifestyles is a predominant factor
  driving the sales of frozen bakery products.
  Emerging players are targeting millennial
  consumers, who prefer the low-cost frozen bakery
  items to increase their market share. The rising
  demand from hotel and catering industries will
  continue to boost growth of frozen bakery market,
  reveals Future Market Insights (FMI).
• "The recent surge in catering and tourism has
  been a key driver to growth across Europe, trends
  which are not likely to change in the coming
  years," says the FMI analyst.
• Frozen Bakery Market - Key Takeaways
• Frozen bread will remain a leading product in the
  market, driven by the demand for convenience
  foods during the forecast period.
• Online channels of sales will gain significant
  CAGR through the forecast period, owing to high
  penetration of smartphones and the internet.

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Frozen Bakery Market Analysis

• Hypermarkets and supermarkets will account for
  majority market share, in terms of distribution
  channels.
• Europe will hold a leading position in the global
  market share, while Asia Pacific will display
  high growth.

• Frozen Bakery Market - Key Driving Factors
• The prevalence of hectic lifestyles and the
  resultant consumer preference for convenience
  foods is a major growth driver.
• Rising demand from small- and large-scale coffee
  shops and food chains remains a key influencer.
• The expansion of the hotel and catering
  industries in recent years supports overall
  market growth.
• Easy year-round availability of frozen bakery
  goods is also a driver for global market growth.

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Frozen Bakery Market Analysis

• Frozen Bakery Market - Key Constraints
• Volatility in the prices of raw materials will
  remain a challenge for market players.
• Higher preference among consumers for freshly
  baked products will also remain a major restraint
  for market players.
• Competition Landscape
• Key players in the frozen bakery market are
  Arytza AG, Dawn Food Products Inc., Grupo Bimbo,
  General Mills, Cargill, Lantmannen, Conagra
  brands, Cole's Quality Food Inc., Bridgford Foods
  Corporation, and Europastry. Majority of these
  players are investing in expanding their product
  portfolios and optimizing their sourcing
  processes. Moreover, mergers, acquisitions, and
  collaborations with small-scale, local players is
  a major strategy being adopted by market leaders.
• Request for covid19 Impact Analysis 
  https//www.futuremarketinsights.com/covid19/rep-g
  b-11162

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Frozen Bakery Market Analysis
More About the Report The FMI's market research
report of 300 pages offers comprehensive insights
on frozen bakery market. The market is analyzed
on the basis of product type (frozen cake and
muffins, frozen pastry, frozen bread and
biscuits, and frozen pizza crust), distribution
channels (hypermarkets and supermarkets, catering
and industrial, and online retailing), end user
(artisanal bakers, hotels and restaurants, bakery
chains, and food processing industries) across
seven key regions (North America, Latin America,
Europe, East Asia, South Asia, Oceania, and
MEA). Source link https//www.accesswire.com/58
3294/Frozen-Bakery-Sales-to-Ride-on-Convenience-Qu
otient-Online-Retail-Remains-Preferred-Sales-Chann
el
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Frozen Bakery Market Analysis

• Explore Extensive Coverage of FMI's Food
  Beverages Landscape
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• Fermented Ingredients Market
• About Future Market Insights (FMI)
• Future Market Insights (FMI) is a leading
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  clarity amidst breakneck competition.

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Frozen Bakery Market Analysis
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