Allied Market Research
Loading...
Cart
0

APMEA Frozen Bakery Products Market Expected to Reach $11,560.9 Million by 2026

 

quote Frozen food has high shelf life and does not require any preservative which is highly sought after in the fitness community. Moreover, the frozen food retain the taste of fresh food which further boosts its popularity among fitness enthusiasts quote

Shankar Bhandalkar
Team Lead Research, Food and Beverage at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, "APMEA Frozen Bakery Products Market by Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019–2026," the APMEA Frozen Bakery Products Market size was valued at $7,537.1 million in 2018 and is expected to grow at a CAGR of 5.6% to reach $11,560.9 million in 2026. The bread segment was the highest contributor, with $2,499.0 million in 2018, and is estimated to reach $3,531.6 million by 2026, at a CAGR of 4.5% during the forecast period.

The APMEA frozen bakery products market is expected to garner notable growth in the forecast period. This can be attributed to growing adoption of frozen food all around the globe. Moreover, changes in the consumption patterns of people in the APMEA region especially the emerging regions such as China, Indonesia, and India, drives the APMEA frozen bakery products market growth. However, negative consumer perception due to the lack of awareness about frozen products act as the major restraint for the market. On the contrary, rise in the disposable income in the APMEA region, rise in the number of fast food restaurants and innovations in the product offerings is expected to pave the way for growth for the APMEA market in the coming years.

The APMEA Frozen Bakery Products market is segmented on the basis of product type, distribution channel, and country. The product type segment is further classified into breads, pizza crusts, cakes & pastries, waffles, donuts, and cookies. By distribution channel, the market is classified into retail, food service, specialist retailers and food processing. By country, the market is categorized into Australia, New Zealand, Japan, Korea, Taiwan, Hong Kong, China, India, Indonesia, Thailand, Singapore, Philippines, Rest of Asia-Pacific, Middle East, and Africa.

According to the APMEA frozen bakery products market analysis by product type, the bread segment was the most prominent category in 2018 and is expected to remain dominant during the forecast period. The waffle segment is expected to grow at a highest CAGR of 7.4% throughout the forecast period.

According to the APMEA Frozen Bakery Products Market forecast, the food service segment was the highest contributor to the APMEA frozen bakery products market in 2018 and is expected to remain dominant through 2019-2026. The food service segment is also expected to witness fastest growth through the forecast period with a CAGR of 6.3% from 2019-2026.

By country, China was the most prominent market in 2018 and is expected to dominate the APMEA market through 2019-2026. The key players in the industry have adopted a number of strategies such as product launch, expansion, and acquisition as their go-to strategies to stay competitive in the market. 

Key Findings of the Study:

  • The APMEA frozen bakery products market was valued at $7,537.1 million in 2018 and is estimated to reach $11,560.9 million by 2026, growing at a CAGR of 5.6% through the forecast period.
  • Based on product type, the waffles segment would witness the fastest growth, registering a CAGR of 7.4% during the forecast period.
  • In 2018, based on distribution channel, the food services segment held the highest share, accounting for nearly four-fifth of the market share in APMEA.
  • In 2018, based on product type, bread segment was the most prominent market and is expected to grow at a significant CAGR throughout the forecast period.
  • China was the dominant country in 2018, accounting for a considerable share in the APMEA frozen bakery products market share.

The key players in the APMEA frozen bakery products industry profiled in the report includes General Mills (Pillsburry), Aryzta AG, Grupo Bimbo S.A.B. de C.V., Europastry, S.A., Lantmannen Unibake International, Associated British Foods plc, Flower Foods Inc., TreeHouse Foods, Inc., Dawn Foods Products Inc., and Vandemoortele NV.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote APMEA Frozen Bakery Products Market by Product (Breads, Pizza Crusts, Cakes & Pastries, Waffles, Donuts, and Cookies) and Distribution Channel (Retail, Food Service, Specialist Retailers and Food Processing): Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"APMEA Frozen Bakery Products Market"
Purchase Enquiry