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Canada Frozen Bakery Market Trends

  • Report ID: GMI2936
  • Published Date: Nov 2023
  • Report Format: PDF

Canada Frozen Bakery Market Trends

Consumers nowadays are becoming more health-conscious, seeking products with cleaner ingredient labels and minimal artificial additives. This trend has led to an increased demand for frozen bakery items that offer better nutritional profiles, such as whole-grain options, reduced sugar content, and gluten-free alternatives. Manufacturers are responding by reformulating their products and introducing healthier options, including organic and natural ingredients. This aligns with the broader shift in dietary preferences toward nutritious and wholesome choices.
 

With busy lifestyles, there is an appreciation for the quick and easy preparation that frozen bakery products offer. Ready-to-bake and ready-to-thaw items have gained popularity for their convenience and versatility, as they allow consumers to enjoy fresh-baked goods without the effort of from-scratch baking.
 

In addition, the Canada frozen bakery market is witnessing a surge in innovative and diverse product offerings, catering to evolving culinary trends. New and exotic flavors, artisanal styles, and international baked goods are appealing to consumers looking for exciting and convenient ways to explore different tastes and cuisines. According to a study by Canadian Grocer, a majority of Canadians, amounting to 56%, believe that grocery stores failing to provide internationally inspired food options are not staying current with the changing consumer preferences. Additionally, 45% of Canadians express a greater inclination to patronize grocery stores that do offer such diverse food choices.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market size for frozen bakery in Canada is poised to witness 5.5% CAGR during 2023 to 2032, on account of growing preference among the consumers for convenient food options.

The HORECA (Hotel, Restaurant, and Catering) segment will expand at over 5.5% CAGR till 2032, favored by the bulk purchasing & demand stability offered by these establishments.

The savory snacks segment is set to experience robust growth during 2023

Westen Foods, Rich Products Corporation, General Mills, Europastry, Dunkin Brands, Grupo Bimbo, and Canada Bread Company.

Canada Frozen Bakery Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 8
  • Tables & Figures: 43
  • Countries covered: 1
  • Pages: 85
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