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Europe frozen food bakery is slated to witness substantial growth rate over the coming seven years. Exponentially growing tourism and catering sectors across this region will impel the regional growth. UK, Germany, and France will be the significant revenue contributors.
Asia Pacific frozen food market will cover over 20% of the global landscape. Shifting consumer trends toward the consumption of frozen products will fuel the industry growth. Frozen food products offer vital benefits over regular foods, owing to which consumers have been giving preference to the same. Eco-friendly manufacturing process, easy availability, affordable prices, and better quality are few of the notable benefits of the frozen products.
Browse key industry insights spread across 210 pages with 169 market data tables & 11 figures & charts from the report, “Frozen Bakery Market” in detail along with the table of contents at:
Frozen bakery industry from breads will generate a significant revenue with an annual growth rate of more than 8% over the years ahead. Bread is standardized as the main diet of Americans. Increasing consumption of frozen food products across America will stimulate the regional growth.
Latin America frozen bakery industry collected a revenue of USD 1.4 billion in 2016 and will record considerable annual growth rate over 2017-2024. This region is likely to boost the product demand notably over the years ahead pertaining to the rising requirement of frozen food along with changing consumer lifestyles. In addition, surge in per capita income has led to a rise in the economic growth of the region, thereby influencing LATAM frozen bakery industry.
Frozen bakery market size from hypermarkets and supermarkets will surpass a revenue generation of USD 9 billion by 2024. Supermarkets are becoming popular across the globe owing to the availability of branded bakery products at low prices. Moreover, rapid growth in population across the globe will also enhance frozen bakery industry growth.
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The noteworthy players in frozen bakery market are Vandemoortele N.V., Kellogg Company, Conagra Brands Inc., Grupo Bimbo, Lantmännen Unibake, Europastry, Associated British Foods plc., Cole’s Quality Foods Inc., General Mills, Inc., Aryzta AG, American Desserts, General Waffel Manufactory, Bridgford Foods Corporation, Flowers Foods, Pepperidge Farm, Deiorio Foods, Inc., Alpha Baking Company Inc., Warburtons Bakery, Custom Foods, Inc., Maple Leaf Foods Inc., and Cargill Corporation.