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The global frozen pizza market is estimated to grow at a CAGR of 6.1% during the forecast period. The increasing shift towards the western diet and expansion of fast-food retail chains are some pivotal factors driving the consumption of frozen pizza.
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Orion Market Research Frozen Pizza Market, Size, Share, Analysis Report & Forecast to 2026 Request a Free Sample of our Frozen Pizza Market: https://www.omrglobal.com/request- sample/frozen-pizza-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global frozen pizza market is estimated to grow at a CAGR of 6.1% during the forecast period. There is increasing urbanization across the globe, which is leading to the adoption of the western diet and lifestyle. As per the United Nations (UN), 55% of the global population resides in urban areas, which is expected to reach 68% by 2050. Asia consists of 54% of the global urban population, which is followed by Europe and Africa with 13% each. With the growing urbanization, disposable income has also witnessed a significant rise over the years. For instance, as per the World Bank, GDP per capita increased from $11,375 in 2018 to $11,428 in 2019. China’s GDP per capita increased from $9,977 in 2018 to $10,262 in 2019. A full Report of Frozen Pizza Market is Available at: https://www.omrglobal.com/industry- reports/frozen-pizza-market India’s GDP per capita increased from $2,006 in 2018 to $2,104 in 2019. The increasing urbanization and per capita income are some major indicators of the emerging shift towards western food products, which results in the increasing consumption of frozen pizzas. As a result, food service chains are expanding their retail chains to effectively service customers’ requirements. For instance, in September 2020, Despite the coronavirus crisis, Pizza Hut declared that it will constantly focus on increase its presence in India, primarily in the Tier-I cities. This, in turn, will further accelerate the consumption of frozen pizzas in the country. Request a Free Sample of our Frozen Pizza Market: https://www.omrglobal.com/request- sample/frozen-pizza-market Scope of the Global Frozen Pizza Market Market Coverage Market number available for 2019-2026 Base year- 2019 Forecast period- 2020-2026 Segment Covered- By Product and Source Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World Competitive Landscape- Nestlé S.A., CJ CheilJedang Corp., General Mills Inc., Südzucker AG, and Amy's Kitchen, Inc. Recent Strategic Initiatives in the Global Frozen Pizza Market In August 2020, General Mills Inc. plans to leverage production of its Totino's series of pizza snacks with the expansion to its plant in Wellston, Ohio, US. This will enable the company to meet the increased demand for frozen pizzas in the country. In December 2018, Bellisio Foods, Inc., a subsidiary of CP Foods global family of companies, signed an agreement to acquire Frozen Specialties, Inc. (FSI), a manufacturer of frozen pizza and Pizza Bites located in Ohio, US. This FSI acquisition will enable the company to share expertise in offering tasty, private label, and exciting brands products to retail customers that delight consumers. Both companies have complementary product portfolios that will benefit their North American and Asian customers.
Key questions addressed by the report What is the market growth rate? Which segment/region dominates the market in the base year? Which segment/region will project the fastest growth in the market? How COVID-19 impacted the market? o Recovery Timeline o Deviation from the pre-COVID forecast o Most affected region/segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Frozen Pizza Market-Segmentation By Product Regular Premium Gourmet By Source Retail Food Service Chain Global Frozen Pizza Market– Segment by Region North America United States Canada Europe UK Germany Italy Spain France Rest of Europe Asia-Pacific
China India Japan Rest of Asia-Pacific Rest of the World Latin America The Middle East and Africa Company Profiles Amy's Kitchen, Inc. Atkins Nutritionals, Inc. (Simply Good Foods USA, Inc.) Bellisio Foods, Inc. Bernatello's Foods California Pizza Kitchen, Inc. Caulipower LLC CJ CheilJedang Corp. Conagra Brands Inc. Convenio Foods International Pvt.Ltd. Daiya Foods Inc. Dr. August Oetker Nahrungsmittel KG General Mills Inc. Hansen Foods, LLC McCain Foods, Ltd. Nestlé S.A. Newman’s Own, Inc. One Planet Pizza Orkla ASA Palermo Villa, Inc. Südzucker AG For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/frozen-pizza-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research
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