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Harshal J posted an update
2 years ago (edited)
Frozen Bakery: No Need to Worry About Bakery Product Wastage
The increasing demand for convenient frozen food products is one of the major factors responsible for the enormous growth of the frozen bakery products market. The frozen bakery products include ready-to-bake, ready-to-eat, and ready-to-proof products, which save the consumers’ efforts and time required for preparing bakery products. Frozen bakery products are being increasingly preferred by in-store bakeries, coffee chains, gas-stations, and quick-service restaurants to offer instant service while retaining the freshness and quality of food.
The growth of the frozen bakery products market is mainly attributed to increasing urbanization and inclination towards convenience foods, changing consumer taste and preferences, growing global cold-chain market, and the availability of a wide range of bakery products across various distribution platforms. However, the preference for freshly baked foods and temperature monitoring requirements are expected to restrain the future growth of this market to some extent.
The frozen bakery products market is expected to grow at a CAGR of 4.8% from 2020 to 2027 to reach $59.9 billion by 2027.
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Frozen Bakery Products Market by Size, Share, Forecasts, & Trends Analysis
Frozen Bakery Products Market by Type (Breads, Pizza Crust, Cakes & Pastries, Cookies & Biscuits, Donuts & Pies, and Waffles), by Use (Ready-to-Proof, Ready-to-Bake, and Ready-to-Eat), by End User (Artisan Bakers, Hotels, Restaurants, and Catering, Supermarkets & Hypermarkets, Bakery Chains, … Continue reading