Frozen Bread Market Scope
The global population is suffering from a hectic lifestyle which has led to increased consumption of ready to eat products across the globe. However, added artificial flavors and preservatives might act as a hindrance. Thus, the demand for preservative-free and healthier food products such as frozen bread has been increased. In addition to this, an improved shelf life of the products than conventional bakery products will further escalate the consumption over the forecasted period. However, food textures and the availability of numerous substitutes might stagnate the demand. Jams or preserves are manufactured from vegetables, fruits, and a number of sugar additives & preservatives. However, the availability of fresh food product substitutes might hamper the demand.
According to AMA, the Global Frozen Bread market is expected to see growth rate of 6.6%The Vendors having a strong hold in the market are Aryzta, Rich Products, Gonnella Baking, EDNA International, and George Weston Limited. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Frozen Bread market throughout the predicted period.
Aryzta AG (Switzerland), Rich Products Corporation (United States), Gonnella Baking Co. (United States), EDNA International GmbH (Germany), George Weston Limited (Canada), Sunbulah Group (Saudi Arabia), Bridgford Foods Corporation (United States), Gonnella Baking Company (United States), Grupo Bimbo, S.A.B. de CV (Mexico) and Emad Bakeries (Saudi Arabia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Flowers Foods Inc. (United States) and Wenner Bread Products, Inc. (United States).
Segmentation Overview
The study have segmented the market of Global Frozen Bread market by Type (Freezing Pastries, Cold Pizza Crust, Frigid Cake, Frigid Bread and Other Products) and Region with country level break-up.
On the basis of geography, the market of Frozen Bread 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).
Influencing Trend:
Increasing Demand for Variety of Flavoured Frozen Bakery Products and Growing Adoption of Brown Butter and Rising Inclusion of Natural Flavors
Market Growth Drivers:
Frozen Bread is Comparatively More Durable than Conventional Bakery Products and Escalating Demand for Processed Food Products
Challenges:
Stringent Government Regulations on Food and Beverage Manufacturing and Might Cause Foodborne illnesses involving Salmonella spp, Listeria monocytogenes, Staphylococcus aureus, and Bacillus cereus
Restraints:
Availability of Numerous Fresh Food Product Substitutes and Increasing Raw Material Cost as well as Distribution Overheads
Opportunities:
Upsurging Consumption of Bakery Products from American,& European Population and Increasing Hectic and Busy Lifestyles favoring Adoption of Ready to Eat Food Products
Market Leaders and their Expansionary Development Strategies
On May 2, 2017, one of the global leaders of bakery products, "Rich Products" has acquired a family-owned company "Jacqueline’s Gourmet Cookies" with 125 employees based in Salem, Mass. This acquisition will allow Rich’s to expand its cookie operation with the creation of a dedicated center of expertise at the Massachusetts operation.
In March 2021 Rudi’s Organic Bakery and Rudi’s Gluten-Free Bakery has launched Rudi’s Rocky Mountain Bakery, set to deliver small batch, artisanal bread straight from Boulder, Colorado, to your kitchen. For over 40 years, Rudi’s has spearheaded a mission to make artisanal and gourmet packaged baked goods more accessible to consumers by bringing wholesome products, expertly-crafted in the heart of Colorado to pantries nationwide.
Senior Vice President of government relations and public affairs for American Bakers Association, "Lee Sanders" has said that the bakery industry has faced legislative change and it will continue to do so. It will ultimately put a lot of pressure on bakers and their bottom line. She also said that the baking industry is observing robust competition in recent times. However, numerous concerns like commodity volatility, food safety, sustainability, and many others might hinder business growth.
Key Target Audience
Frozen Bread Manufacturers, Frozen Bread Distributors and Traders, Frozen Bread Upstream and Downstream Buyers, Government Agencies, Research and Development Institutes 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 the total available market.