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Frozen Bakery Market Share

Report ID: GMI1669
Published Date: Feb 2023
Report Format: PDF

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Frozen Bakery Market Share

Some of the major companies operating in the frozen bakery market include

General Mills
Europastry
Comapan
Rich Products Corporation
Canada Bread Company
Don Maiz SAS
Patagonia Artisan Bakers
Vandemoortele
Aryzta AG
Kellogg Company
Conagra Brands, Inc
Associated British Foods Plc
Dr. Oetker

These companies are undertaking strategic initiatives, such as partnerships, acquisitions, and product portfolio expansions, to increase their market share. For instance, in June 2022, Central Foods, a frozen food distributor, unveiled a line of KaterBake Lebanese flatbreads for customers in the foodservice industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market of frozen bakery was valued at more than USD 45.8 billion in 2023 and is set to record significant growth at over 6.5% CAGR through 2032, owing to the growing demand for convenience food globally.

The bread segment is set to surpass USD 31 billion in revenue by 2032, resulting from expanding fast-food chains that require large quantities of bread for their products.

The market for frozen bakery in Asia Pacific is will reach USD 18 billion by 2032, attributed to the mounting demand for western food over traditional food items.

Some of the leading companies operating in the industry are General Mills, Europastry, Comapan, Rich Products Corporation, Canada Bread Company, Don Maiz SAS., Patagonia Artisan Bakers, Vandemoortele, Aryzta AG, Kellogg Company, Conagra Brands, Inc, Associated British Foods Plc, and Dr. Oetker, among others.