Home > Food & Beverages > Food Additives > Texturizers and Thickeners > Frozen Bakery Additives Market
Frozen Bakery Additives Market size is estimated to record a CAGR of over 6% from 2023 to 2032. Changing consumer lifestyles and urbanization have led to an increased demand for convenient, ready-to-bake frozen bakery products. According to Food Industry Association’s (FMI) 2022 report, less desirability towards cooking is the reason for 40% of restaurant-goers' for eating outside. These products provide consumers with the flexibility to enjoy freshly baked goods without the need for time-consuming preparation, making them highly popular in today's fast-paced world.
The rising popularity of premium and specialty bakery products is also contributing to frozen bakery additives market expansion. Consumers are increasingly seeking unique and indulgent frozen bakery offerings, such as artisanal bread, gourmet pastries, and gluten-free options. As per a survey conducted by Barry Callebaut, a leading manufacturer of high-quality chocolate & cocoa products, 74% of consumers enjoy trying new flavors of baked goods. Additives play a crucial role in maintaining the quality and consistency of these specialty products, making it a preferred ingredient for manufacturers.
Report Attribute | Details |
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Base Year: | 2022 |
Frozen Bakery Additives Market Size in 2022: | 1.5 Billion (USD) |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6% |
2032 Value Projection: | 2.3 Billion (USD) |
Historical Data for: | 2018-2022 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 536 |
Segments covered: | Product, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Regulatory challenges pose a significant hurdle, as additives are subject to evolving regulations, and manufacturers must navigate a complex landscape to ensure compliance while meeting consumer demands for clean labels and minimal additives. Additionally, consumer concerns about the health and nutritional aspects of processed foods are pushing the demand for additive-free and more natural frozen bakery products.
According to a report published by International Food Information Council in 2022, the most common diets or eating patterns last year included clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based (12%) which showcases an increased inclination towards healthy alternatives. This shift in consumer preferences, coupled with the need for transparent labeling, is restraining the market growth.