Frozen Bakery Product Market: High Sales through Modern Trade

Posted by Arslan on February 5th, 2019

 According to a study by Fact.MR, the global frozen bakery products market is projected to bring in US$ 21,891.6 million revenues by the end of 2022. The market is anticipated to witness sluggish growth. Increasing number of people becoming health conscious are moving towards more healthy options such as fruits and vegetables.

Although frozen bakery products can be convenient and taste good. Many of these products have limited shelf-life due to the microbiological spoilage by yeast, molds, and bacteria. Moreover, many frozen bakery products have also been said to cause foodborne diseases such as Listeria monoctyogenes, Bacillus cereus and Salmonella spp.

With the rise in health conscious customers, the consumption of frozen bakery products is diminishing as these products contain twice the number of calories. Containing a large amount of sugar and fats, customers are avoiding frozen bakery products like cakes, pastries, etc. Children have a stronger preference for sugar as compared to adults. Hence, the increased risk of childhood obesity is driving down the demand for frozen bakery products, as parents are selecting more healthy options like fresh fruits and vegetables.

Browse Full report with TOC

https://www.factmr.com/report/260/frozen-bakery-products-market

The report has also profiled leading players in the global market for frozen bakery products, which will remain active through 2022. These include companies such as Grupo Bimbo S.A.B. de C.V., Aryzta AG, Lantmannen Unibake International, Europastry, S.A., General Mills Inc., Kellogg Company, Conagra Brands, Inc., Premier Foods plc, Associated British Foods plc, Vandemoortele NV, Barilla Holdings Spa, General Mills, Inc., Europastry, S.A., Cole’s Quality Foods, Inc., General Waffel Manufactory, Bridgford Foods Corporation, Flowers Foods, American Desserts, Alpha Baking Company Inc., and Cargill Incorporated.

Pizza Crust – Top-Selling Product

The pizza crust is anticipated to be one of the top selling products in the global frozen bakery products market during 2017-2022. Sales of pizza crust are expected to bring in nearly US$ 4,500 million revenues by 2022 end. Although bread as a frozen bakery product is projected to create an incremental opportunity of over US$ 600 million during the forecast period.

High Sales through Modern Trade

Accounting for more than one-fourth of the revenue share, modern trade is anticipated to emerge as one of the most lucrative sales channels. Towards the end of 2022, modern trade is expected to reach close to US$ 6,900 million revenues. Meanwhile, direct sales channel is projected to be the second biggest sales channel for frozen bakery products.

Fresh Frozen Bakery Products to Account for Maximum Revenue Share

Pre-packed baked frozen bakery products, the fresh frozen bakery products will gain nearly two-third of the revenue share by the end of 2017. By 2022 end, the sales of fresh bakery products will reach nearly US$ 14,800 million revenue. Increasing customer preference for freshly baked products is driving the demand for fresh frozen bakery products. While the pre-packed baked frozen bakery products are expected to account for more than one-fourth of the revenue share by the end of 2017.