Ready-To-Eat Pizza Market Scope
Ready to eat Pizza is an Italian dish consisting of a flattened disc of bread dough topped with a mixture of olive oil, oregano, tomato, olives, mozzarella, or other cheese, and a variety of other ingredients, baked quickly and served hot—usually in a commercial setting using a wood-fired oven heated to a very high temperature. The Margherita pizza, which is topped with tomatoes or tomato sauce, mozzarella, and basil, is one of the most basic and traditional pizzas. According to folklore, it was named after Queen Margherita, Umberto I's wife, who was reported to enjoy its mild fresh flavour and to have noticed that the topping colors—green, white, and red—were similar to those of the Italian flag.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Frozen Specialties Inc. (United States), Jubilant Foodworks Limited (India), Convenio Foods Pvt. Ltd (India), Giovanni’s Frozen Pizza (United States), Monte Pizza Crust B.V (Netherlands), General Mills Inc (United States), Nestle S.A. (Switzerland), McCain Foods Ltd (United Kingdom), Dr. Oetker GmbH (Germany) and Daiya Foods Inc (Canada) |
CAGR | % |
The global ready-to-eat pizza store is very competitive with the presence of key player’s operative within the market, like bird of passage Foods Ltd, General Mills, McCain Foods, Premier Foods cluster Ltd, and Conagra Brands. High industrial gain has LED makers to develop powerful competitive methods that is aggravating the competition among the present market players. Major Player’s area unit intensely embarking on product innovation as their prime strategy to consolidate the market. As an example,in 2019, M&S Food (Marks & Spencer) became one in all the key food retailers within the up to launch a variety of own-brand halal-ready meals. In response to the increasing demand for a halal diet, customers are able to look a variety of six Halal Food Authority (HFA)-certified ready meals obtainable from thirty six M&S stores. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Ready-To-Eat Pizza market throughout the predicted period.
Frozen Specialties Inc. (United States), Jubilant Foodworks Limited (India), Convenio Foods Pvt. Ltd (India), Giovanni’s Frozen Pizza (United States), Monte Pizza Crust B.V (Netherlands), General Mills Inc (United States), Nestle S.A. (Switzerland), McCain Foods Ltd (United Kingdom), Dr. Oetker GmbH (Germany) and Daiya Foods Inc (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Connies Pizza (United States), Conagra Brands, Inc. (United States) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Ready-To-Eat Pizza market by Type (Vegetable Based, Cereal Based, Meat or Poultry and Other), by Application (Offline Store and Online Retail) and Region with country level break-up.
On the basis of geography, the market of Ready-To-Eat Pizza has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
On 3rd October 2021, Bellisio Foods, Inc., a member of the CP Foods worldwide family of companies and one of the land largest and fastest growing frozen food companies, has agreed to buy Frozen Specialties, Inc., a leading producer of frozen pizza and Pizza based in Perrysburg, Ohio, from swander Pace Capital. Meant to represent Farms, Inc., a national leader in private label, co-manufacturing, and foodservice goods, completed the acquisition last week.
On 9th November 2021, California Pizza Kitchen announced plans to expand into Canada with select franchise partners in Vancouver, British Columbia, and Toronto, Ontario. This extension will help to improve overall operations and expand overall capacity in a more productive and efficient manner.
In 2022, celebration of Global Eat for Good Day pizza, one of the world's most popular cuisines, has been given a new twist that is better for the environment. Pizza is a planet-friendly pizza from Knorr, a global food brand known for providing flavour to tables all around the world. From the crust to the toppings, the worldwide food brand has redesigned the iconic meal to be plant-based with ingredients that are healthy for people and the environment.
Market Trend
- Emerging Trend of Ready-To-Eat-Pizza Due to Adoption of Plant-based Lifestyle
- Growing Demand Due to Rising Demand for Convenient Culinary Products
- Need for More leisure Time is driving the Rise in Convenience Food Consumption.
Opportunities
- Launch of New Variety and Texture by the Manufacturers
- Developing New Food Products through Investing in Research and Development
- Increase Awareness Concerning Frozen Pizza Pie in Rural Areas is anticipated to Grow Frozen Pizza Pie Market
Restraints
- Risk of E.coli or Other Bacteria in Undercooked Meats in Non-Vegetarian Pizza
- Compared to Freshly Baked Pizza, Frozen Pizza is Often More Expensive
- Individual Producers Participate in Price Wars and Charge Prices According to Their Preferences in an Oligopolistic Market
Challenges
- Availability of Number of Global Manufacturers
- Existence of a Diverse International and Regional Vendor Base Characterizes the Market
- Market Participants' Expansion will be hampered by the Storage of Frozen Food Products
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, New Entrants and Investors, Pizza Manufacturer, Pizza Distributors and Suppliers, Government Bodies, End-Users and Others