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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Frozen Bakery Market Worth USD 40 Bn by 2024: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Frozen Bakery Market size was estimated over USD 30 billion in 2017 and the industry will grow by a CAGR of more than 5.0% up to 2024. Growing demand for healthy and convenient baked products will bolster the entire frozen bakery market in the forecast spell. In most of the developing nations, bakery product manufacturers are reformulating their bakery product lines & modifying their product packaging, claiming to address the consumers’ health concerns. The sector continues to see dynamic growth owing to change in consumer preferences towards the healthier food options that have longer shelf life & various nutritional benefits such as high fiber content, less fat & sugar, etc. Above mentioned trends will spur the entire market in forecast period. Global frozen bakery market is segmented on the basis of product as ready-to-prove, ready-to- bake, and fully baked. Ready-to-bake has the highest market share in terms of volume as well as revenue owing to its huge demand in the HORECA, bakery chains, supermarkets and hypermarkets end-use industries. This segment will show a positive growth with more than 5% CAGR from 2018 to 2024. Key Insights from Frozen Bakery Market
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global frozen bakery market is segmented on the basis of product as ready-to-prove, ready- to-bake, and fully baked. Ready-to-bake has the highest market share in terms of volume as well as revenue owing to its huge demand in the HORECA, bakery chains, supermarkets and hypermarkets end-use industries. This segment will show a positive growth with more than 5% CAGR from 2018 to 2024. Frozen bakery market is segregated into five major end-user which include convenience stores, hyper markets & super markets, artisan bakers, hotels, restaurants and catering (HORECA) and bakery chains. Hyper market & super market will register highest CAGR owing to the shift of retail industry from the unorganized to the organized sector in most emerging countries. Grupo Bimbo, Comapan S.A, Vandemoortele, Aryzta AG, BredenMaster S.A., CSM Bakery Solutions, Weston Foods are some of the crucial players in global frozen bakery market. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Frozen Bakery Market Size, By End-User, 2013 – 2024 (USD Billion)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Frozen Bakery Market @ https://bit.ly/2AnveL6 https://bit.ly/2AnveL6 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1669 https://www.gminsights.com/request-sample/detail/1669 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49
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