냉동 베이커리 제품 시장 보고서 : 제품 유형, 유통 채널, 최종사용자, 지역별(2024-2032년)

The global frozen bakery products market size reached US$ 31.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 43.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032. The rising demand for convenient and time-saving food options, increasing adoption of diverse culinary preferences, and the easy availability of international bakery products are some of the major factors propelling the market.

Frozen bakery products encompass a range of baked goods that are pre-baked and then rapidly frozen to preserve their freshness and taste. These products include items like bread, pastries, cakes, muffins, and croissants. By freezing the products at their peak, their flavors, textures, and nutritional value are maintained until they are reheated for consumption. This approach extends shelf life and offers convenient, ready-to-bake options for consumers. Frozen bakery products cater to busy lifestyles and provide a wide array of choices, from classic favorites to innovative, international flavors, making them a popular and versatile choice in today's fast-paced food market.

The rising consumer prioritization of convenience and time efficiency will stimulate the growth of the frozen bakery products market during the forecast period. Moreover, the increasing preference for ready-to-bake options due to the fast-paced lifestyle of consumers has augmented the demand for frozen bakery products. Additionally, the extended shelf life of frozen bakery products compared to their fresh counterparts that significantly reduces food waste has accelerated the product adoption rate. Moreover, the rapid globalization of food culture further enhances interest in a diverse range of baked goods, propelling the market growth. Furthermore, the easy availability of international flavors and unique offerings within the frozen bakery sector that appeals to consumers seeking novel taste experiences has catalyzed the market growth. Along with this, the escalating number of modern consumers seeking quality, convenience, and a broad spectrum of culinary options in their daily lives is contributing to market growth.

Frozen Bakery Products Market Trends/Drivers:

Rise in demand for convenience

The upsurge in demand for frozen bakery products is intrinsically linked to the modern consumer's fast-paced lifestyle and desire for convenience. In an era where time is a precious commodity, consumers are actively seeking food solutions that seamlessly integrate into their schedules. Frozen bakery products offer a solution by combining quality and convenience. They also eliminate the need for time-consuming baking processes while providing the pleasure of freshly baked goods. This driver resonates particularly with urban populations, working professionals, and families looking for quick yet satisfying meal options. As a result, the market for frozen bakery products continues to thrive, catering to the demands of convenience-driven consumers who seek delectable baked products without compromising their time.

Increase in focus on sustainability

The heightened emphasis on sustainability and minimizing food waste has fueled the growth of the frozen bakery products industry. These products possess a distinct advantage over their fresh counterparts - an extended shelf life. This characteristic addresses the growing concerns surrounding premature food spoilage and wastage. Consumers can now enjoy bakery items at their own pace without the urgency to consume them immediately. Businesses also benefit from reduced product losses due to expiration. By aligning with eco-conscious trends, the frozen bakery segment fulfills consumer needs and aligns with corporate social responsibility goals. This factor underscores the market's ability to harmonize culinary enjoyment with environmental responsibility, thus appealing to a broad spectrum of socially conscious consumers.

Evolving International Cuisine Trends

The globalized palate has ushered in a new era of culinary exploration, fostering the demand for diverse flavors and international food experiences. Frozen bakery products serve as a gateway to this world of tastes by offering an array of authentic international options. Whether it is French croissants, Italian focaccia, or Scandinavian pastries, consumers can indulge in an assortment of bakery delights from different cultures. This driver reflects the evolving consumer preference for culinary variety and willingness to experiment with unique flavors. As consumers increasingly seek sustenance and sensory experiences, the frozen bakery products industry adeptly satisfies this demand by providing a diverse and ever-expanding range of international bakery offerings.

Frozen Bakery Products Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global frozen bakery products market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product type, distribution channel and end user.

Breakup by Product Type:

Bread and Rolls

Cakes and Pastries

Cookies and Biscuits

Others

Breads and rolls represent the most popular product type

The report has provided a detailed breakup and analysis of the market based on the product type. This includes bread and rolls, cakes and pastries, cookies and biscuits, and others. According to the report, bread and rolls represented the largest segment.

Breads and rolls are widely consumed as staple food items across the globe. Moreover, key players are introducing innovative frozen bread and roll products that combine convenience with exceptional taste and quality, which in turn, is propelling the market growth. Furthermore, the freezing technologies employed by these industry leaders ensure these baked goods retain their original textures and flavors upon thawing, delivering an authentic sensory experience to consumers has catalyzed the market growth.

Moreover, the extended shelf life of frozen breads and rolls addresses concerns about food waste. With a keen eye on consumer preferences, manufacturers have diversified their offerings to include various flavors, styles, and dietary options, such as whole-grain, gluten-free, and artisanal varieties, further bolstering their market presence. This strategic alignment with consumer needs is fueling the growth of the breads and rolls segment.

Breakup by Distribution Channel:

Artisan Baker

Retail

Catering

Online Channel

Artisan baker dominates the market

A detailed breakup and analysis of the market based on the distribution channel has also been provided in the report. This includes artisan baker, retail, catering, and online channel. According to the report, artisan baker accounted for the largest market share.

Artisanal bakers are skilled professionals who specialize in crafting high-quality, handcrafted baked goods. They distinguish themselves by their meticulous attention to detail, commitment to using premium ingredients, and dedication to traditional baking methods. Artisanal bakers often prioritize the quality and flavor of their products over mass production, resulting in unique and exceptional baked goods.

Artisan bakers are renowned for their craftsmanship and dedication to quality. They have seamlessly integrated their expertise into the realm of frozen goods. By embracing freezing technologies that preserve the nuanced flavors and textures of their creations, artisan bakers ensure that consumers can enjoy the authenticity of freshly baked goods from the convenience of their homes. This synergy between traditional artistry and modern freezing methods has spurred a range of premium frozen artisanal offerings, attracting discerning consumers seeking elevated taste experiences, thereby propelling the market growth.

Breakup by End User:

Retail

Food Service Industry

Food Processing Industry

Food service industry accounts for the majority of the share in the market

A detailed breakup and analysis of the market based on the end user has also been provided in the report. This includes retail, food service industry, and food processing industry. According to the report, the food service industry accounted for the largest market share.

With the rising demand for convenient and ready-to-serve options, frozen baked goods have found a significant place in the menus of restaurants, cafes, hotels, and catering services. Moreover, leveraging the efficiency and consistency offered by freezing technologies, the food service sector can provide customers with a wide range of freshly baked experiences without the need for extensive preparation time, thereby accelerating the product adoption rate. Moreover, frozen bakery products offer cost-effective solutions for businesses by minimizing wastage and optimizing inventory management. The rising adoption of frozen offerings by the food service industry extends to diverse cuisines, including baked goods that cater to specific dietary preferences such as gluten-free, vegan, and artisanal options. Thus, the symbiotic relationship between the food service industry and the frozen bakery products market continues to drive innovation and meet evolving consumer demands, fueling market growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Europe exhibits a clear dominance in the market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe accounted for the largest market share.

Europe held the biggest share in the market since the region boasts a diverse culinary culture and busy lifestyles of modern consumers, which have fueled the adoption of frozen baked goods, offering convenience without compromising quality. European consumers' discerning palates have also prompted key market players to develop freezing technologies that uphold the authenticity and textures of traditional bakery items. Furthermore, advanced distribution networks of the region that facilitate easy accessibility to a wide array of frozen options, from artisanal breads to pastries is another major growth-inducing factor.

Moreover, the rising emphasis on health-conscious choices across Europe has led to the introduction of frozen products catering to various dietary requirements, including whole-grain, organic, and allergen-free alternatives. This dynamic interplay of tradition, convenience, and innovation positions Europe as a leading regional market for frozen bakery products.

Competitive Landscape:

Key players in the frozen bakery products industry have introduced notable advancements that demonstrate their commitment to enhancing product quality, convenience, and diversity. They are focused on implementing cutting-edge freezing technologies that impeccably preserve the taste and texture of baked goods, delivering a freshly baked experience to consumers even after freezing. The leading manufacturers are making innovations in packaging solutions, extending the shelf life of frozen bakery products effectively while reducing their environmental footprint. These pioneering innovations collectively underscore the dynamic and ever-evolving nature of the frozen bakery products sector, solidifying the role of key players as industry leaders at the forefront driving the market. We also expect the market to witness new entrants, consolidation of product portfolios, and a rise in strategic partnerships and collaborations amongst key players to drive healthy competition within the frozen bakery products domain during the forecast period (2024-2032).

The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Aryzta AG

Associated British Foods plc

Bridgford Foods Corporation

Conagra Brands Inc.

Dawn Food Products Inc.

Europastry S.A.

Flowers Foods

General Mills Inc.

Kellogg Company

Lantmannen

TreeHouse Foods Inc.

Vandemoortele

Recent Developments:

In January 2021, Conagra Brands lnc. and Post Holdings acquired Peter Pan, a popular peanut butter brand. This move underscores their commitment to expanding their portfolio and strengthening their market presence. Conagra Brands, recognized for its diverse range of food products, and Post Holdings, known for its focus on breakfast cereals and related goods, have recognized the enduring popularity and consumer loyalty associated with the Peter Pan brand.

In March 2021, Dawn Food Products Inc., a global leader in bakery ingredients and products, acquired JABEX, a distinguished family-owned manufacturer headquartered in Bielsko-Biala, Poland. JABEX is renowned for its expertise in producing premium fruit-based products that cater to the bakery industry's exacting standards. This strategic move by Dawn Foods aligns seamlessly with its commitment to innovation and excellence. The acquisition of JABEX expands Dawn Foods' product offerings and further integrates JABEX's established reputation for high-quality fruit-based ingredients into its global network.

In March 2020, Europastry S.A., a prominent player in the bakery industry, collaborated with influential brands, such as Nocilla, Nestle, Ferrero Rocher, Lotus, and Disney, to develop products of elevated value and exceptional quality. This initiative underscores the company's commitment to innovation and customer-centric offerings. By joining forces with these renowned brands, Europastry aims to leverage their collective expertise and market recognition to create a range of bakery products that resonate with consumers seeking premium experiences.

Key Questions Answered in This Report

• 1. How big is the global frozen bakery products market?
• 2. What is the expected growth rate of the global frozen bakery products market during 2024-2032?
• 3. What are the key factors driving the global frozen bakery products market?
• 4. What has been the impact of COVID-19 on the global frozen bakery products market?
• 5. What is the breakup of the global frozen bakery products market based on the product type?
• 6. What is the breakup of the global frozen bakery products market based on the distribution channel?
• 7. What is the breakup of the global frozen bakery products market based on the end user?
• 8. What are the key regions in the global frozen bakery products market?
• 9. Who are the key players/companies in the global frozen bakery products market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Frozen Bakery Products Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product Type

• 6.1 Bread and Rolls
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Cakes and Pastries
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Cookies and Biscuits
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Distribution Channel

• 7.1 Artisan Baker
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Retail
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Catering
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Online Channel
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by End User

• 8.1 Retail
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Food Service Industry
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Food Processing Industry
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Aryzta AG
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
  • 14.3.2 Associated British Foods plc
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
  • 14.3.3 Bridgford Foods Corporation
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 Conagra Brands Inc.
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Dawn Food Products Inc.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Europastry S.A.
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
  • 14.3.7 Flowers Foods
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 General Mills Inc.
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Kellogg Company
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 Lantmannen
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 TreeHouse Foods Inc.
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis
  • 14.3.12 Vandemoortele
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio