12-Jun-2024 | Facts and Factors
Facts and Factors has authored “North America Frozen Bakery Products Market Size, Share, Growth Analysis Report By Form (Gluten-free, Sugar-free, Organic, Others), By Product Type (Cakes & Pastries, Biscuits & Cookies, Bread, Others), By Distribution Channel (Specialty Stores, Convenience Stores, Supermarket/Hypermarket, Others), and By Country - Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2024 – 2032”. Based on our analysis, the North America frozen bakery products market in 2023 is over USD 11.15 billion and is anticipated to reach over USD 17.74 billion by 2032. The projected CAGR for the North America frozen bakery products market is around 5.3% from 2024 to 2032.
The trend for frozen bakery products among North Americans is propelling considerably with time. This product segment is driving the regional food industry at a substantial rate. Currently, Americans and Canadians prefer baked ready-to-eatproducts such as cakes, cookies, donuts, and snacks owing to their tight schedules and hectic lifestyles. Moreover, frozen and refrigerated dough products are the principal ingredient used in producing institutional foods such as pizza.
Browse the full “North America Frozen Bakery Products Market Size, Share, Growth Analysis Report By Form (Gluten-free, Sugar-free, Organic, Others), By Product Type (Cakes & Pastries, Biscuits & Cookies, Bread, Others), By Distribution Channel (Specialty Stores, Convenience Stores, Supermarket/Hypermarket, Others), and By Country - Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2024 – 2032” report at https://www.fnfresearch.com/north-america-frozen-bakery-products-market
KEY MARKET DRIVERS:
- A significant shift to convenience foods eventually raises the demand for frozen bakery products in North America
As per the survey conducted by the University of Texas, 1 out of 5 Americans prefer eating in cars owing to a hectic schedule throughout the day. This is one of the key causes behind the incorporation of more processed and convenience foods in their diet. Even in the packaged processed foods, the people go with the refrigerated and frozen processed foods owing to the excellent taste preservation and prolonged shelf life. These aspects eventually bolster the regional frozen bakery products market. The rapidly expanding restaurant chains in the region, particularly in the US, are also one of the key factors that are thriving the convenience food trend in the region, which in turn fuels the frozen bakery products market.
- Growing awareness for a nutritious diet
Food nutrition, packaging, and safety are the three major sectors in the food industry that are growing tremendously. Several frozen bakery products manufacturers and suppliers have been trying to implement food fortification strategies to sustain the nutritional value of the bakery products for longer periods to attract the customers, thereby pushing the segment in the overall food industry.
- “Bread” category under the product segment is dominating in the market
As bread is the primary food item in the meal of almost all Americans, so it accounts for around one-third of the regional market share. With the growing shift to convenience foods, the demand for frozen bread products across the region is increasing at a considerable rate. Product portfolio expansion with the strategic launch of customized bakery products such as corn syrup with high fiber and less sodium & fructose content is likely to augment the customer base and eventually propels the regional market.
- The U.S. dominates the regional market by capturing more than half of the market share
The rapidly altering lifestyles and the relatively higher disposable incomes in the country are the two key factors that have pushed the country to the dominating position in terms of revenue generation. Moreover, the U.S. frozen bakery products market is anticipated to grow at the fastest pace throughout the forecast period within the region.
In December 2022, Georgia-based packed bakery products manufacturer & distributor, Flowers Foods Inc.,procured a gluten-free baked products manufacturer and supplier, Canyon Bakehouse LLC. At present, the Johnstown-based company serves as an independent arm of the parent industry.
Recent Developments:
Bakery Bites: Innovation on the Rise
- In January 2023: Bimbo Bakeries' Sara Lee brand is upping their bread game with a new option - white bread made with vegetables! Each loaf boasts a full cup of veggies and added vitamins A, D, and E, catering to health-conscious consumers who don't want to sacrifice convenience.
- In April 2022: Walker's Shortbread has partnered with Dufry to launch a new Global Travel Retailer range. This means you can indulge in their classic shortbread and potentially other treats at over 55 travel retail locations worldwide. Perfect for satisfying your sweet tooth on the go or grabbing a souvenir with a delicious twist.
Report Scope
Report Attribute |
Details |
Market Size in 2023 |
USD 11.15 Billion |
Projected Market Size in 2032 |
USD 17.74 Billion |
CAGR Growth Rate |
5.3% CAGR |
Base Year |
2023 |
Forecast Years |
2024-2032 |
Key Market Players |
Aryzta AG, Barilla Holding S.p.A., Britannia Industries Limited, Canada Bread Company Ltd., Cole's Quality Foods Inc., Dawn Food Products Inc, Dunkin' Donuts LLC, General Mills Inc., Grupo Bimbo S.A.B. de C.V., T. Marzetti Company, United Biscuits, and Others. |
Key Segment |
By Form, By Product Type, By Distribution Channel, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
Some of the key players driving the North America frozen bakery products market include
Aryzta AG, Barilla Holding S.p.A., Britannia Industries Limited, Canada Bread Company Ltd., Cole's Quality Foods Inc., Dawn Food Products Inc, Dunkin' Donuts LLC, General Mills Inc., Grupo Bimbo S.A.B. de C.V., T. Marzetti Company, United Biscuits, and others.
North America frozen bakery products market is segmented as:
By Form
- Gluten-free
- Sugar-free
- Organic
- Others
By Product Type
- Cakes & Pastries
- Biscuits & Cookies
- Bread
- Pizza Crusts
- Others
By Distribution Channel
- Online Retail
- Convenience Stores
- Supermarket/Hypermarket
- Others
By Regional Segmentation Analysis
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Contact Us:
Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com
