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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).<br><br>
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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 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved
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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
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. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
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-gb-11162 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
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/583294/Frozen-Bakery-Sales-to-Ride-on- Convenience-Quotient-Online-Retail-Remains-Preferred-Sales-Channel www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
Frozen Bakery Market Analysis Explore Extensive Coverage of FMI's Food & Beverages Landscape • Cacao Beans Market • Vitamin Gummies Market • Fermented Ingredients Market About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved
Frozen Bakery Market Analysis Contact: Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Frozen Bakery Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved
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