Organic Frozen Bakery Market Overview
Organic frozen bakery products are referred to as customized bakery items that are manufactured using solely organic raw materials, thereby making the end-product absolutely chemical free and natural. The texture, color, and flavors of the product are adjusted in accordance to the preference and demands of the consumer. Some of the biggest examples of organic frozen bakery include organic breads and pizza crust. These products have recently gained massive popularity across the masses. The demand for organic bakery products is reported to be rising annually due to the increasing consumer inclination towards bakery items.
The surging rate of disposable incomes because of economic development has had a major impact on the global market. The growing demand for food items with high shelf-life is significantly influencing a positive demand for organic frozen bakery products. Consistently developing and advancing technologies are found to aid the innovation of bringing-in new flavors and adding to the overall texture of the end-product in frozen bakery. This has, in turn, helped fuel up the market value of these products.
The global organic frozen bakery market was analyzed by Market Research Future (MRFR) and it was projected that a striking CAGR will be attained by the market over the forecast period of 2022 to 2030. The valuation of the organic frozen bakery market was further stated to surpass its previous valuation.
Organic Frozen Bakery Market grow at a significant rate of 5.2% from 2022 to 2030 to reach a market value of USD 60.104 Billion by the end of 2030.
Competitive Landscape
The global organic frozen bakery market comprises a host of key players. This includes names like Harry Brot GmbH (Germany), Aryzta (Swirtzerland), Flowers Foods (U.S.), Bimbo Bakeries (U.S.), Lantmännen Unibake International (Denmark), Rich Products Corporation (U.S.), Vandemoortele (Belgium), and others.
Leading players from regions like North America and Europe are employing strategic innovations in their-product range in order to boost their business reach across other regions across the globe. The players are primarily focused on boosting their supply to developed countries, wherein the demand for these products is rising.
In the European region, developed nations like Germany and France are amongst the commanding contributors to the regional market. These nations also aid in exporting the products to various other places of Europe. This includes countries like the Netherlands, Belgium, Italy, the U.K., and others.
Market Segmentation
The global organic frozen bakery market outlook has been segmented in terms of type, distribution channel, customer type, and packaging.
By type, the market segments into muffins & cupcakes, rolls & buns, bread, pies & tarts, cookies & doughnuts, cakes & cupcakes, sandwiches & wraps, and others. The bread rolls and artisan loaves segment is estimated to hold a majority of the market share due to the increasing preference of consumers for convenience food products.
By customer type, the market comprises homemakers, industrials, and others. The industrial sector is predicted by MRFR to lead the market segment due to the piling up demands from bakery and frozen food manufacturers across the globe.
By packaging, the market includes clamshells, cartons, boxes, pouches, and others.
By distribution channel, the market divides into convenience/independent retail, foodservice, quick service restaurants, large retail, and others. The quick service restaurants are the leading segment in the global landscape.
Regional Analysis
The global organic frozen bakery market insights have been geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
North America enjoys the highest share of the organic frozen bakery market, followed by Europe. The changing consumer preferences in Asia-Pacific are expected to generate massive revenue for the region over the forecast period.
Globally, the major importers of organic frozen bakery products are the U.K., France, the U.S., Germany, and Canada. Due to the proliferating consumption of convenience frozen food products, both import and export of the product across developed countries is increasing at a decent pace.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America