Apac And Mea Frozen Bakery Products Market Bwc2066
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APAC and MEA Frozen Bakery Products Market, by Type (Breads, Pizza Crusts, Cakes & Pastries, others), By Distribution Channel (Artisan Bakers, Retail, Catering & Online Channel), By Technology (Raw Products, Ready-to-Bake, Ready Baked & Frozen), Source (Corn, Wheat, Barley, and Rye), By Region (Asia Pacific and the Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
- Published Date: May 2020
- Report ID: BWC2066
- Available Format: PDF
- Page: 0
Report Overview
APAC and MEA Frozen Bakery
Products Market – Market Forecast & Trends
The
consumer’s appeal for suitability in having food products is one of the main
factors that drive the development of the frozen bakery products market. The
convenience factor is vital for the consumer even when it comes to food
ingesting as it aids in cutting down the time for daily chores. Thus, frozen
foodstuffs gain significance amid the object consumers. Over the past couple of
years, there is a development in a request of frozen food products, which is
contributing to many health welfares related with the product. Frozen food
products are chockfull with nutrients and display a longer shelf life. This
surges the request for many types of frozen food products concurrently, paving
the path of chance for frozen bakery products market to rise. As a result,
diverse food manufacturers plan on coming up with such products that cater to
the wants of their customers. As a result, the convenience factor is being
measured as one of the most prominent frozen bakery products market trends.
APAC and MEA Frozen Bakery
Products Market – Overview
Frozen
Bakery Products market includes doughnuts, bread, cakes that are gotten from
corn, rice, oats, wheat, grain, and rye. The use of these sources as the crude
materials for bakery products changes the situation in the world. These are
rich in proteins, flavor show nearly longer timeframe of realistic usability,
and are caring to use, which drive the attention for these items in the market.
Frozen Bakery products are classically sold in dissimilar stores, bistros, and
eateries. The essential general limits liable for the growth of the market
means positive finishes paperwork for frozen bakery products approximation.
Growth Drivers
Shifting consumer trend
convenience
The
customer’s appeal for suitability in having food products is one of the main
factors that push the development of the frozen bakery products market. The
convenience factor is significant for the consumer even when it comes to food
intake as it helps to cut down the time for daily chores. Thus, frozen food
products gain prominence among the target customers.
Increasing awareness about
health benefits
A
large share of the people from various demographic sections has been following
a healthy diet plan due to a rise in mindfulness on various welfares related to
the acceptance of a healthy routine. Customers have been looking out for food
products that are rich in nutrition and endorse other such health welfares.
Frozen food products have a distinctive feature of conserving its nutrition
content for a lengthier period. As a result, with the increase in a drift on
food fortification, frozen bakery products industry visions chance in gaining
traction among the health-conscious customer and concurrently creating sales.
Rising westernized diet
trends
With rising globalization,
pizza and related thin crust baked products have entered in the APAC belt as
well. In fact, pizza crust shields almost 30% of the complete product scenery
of the frozen bakery market and is probable to donate meaningfully toward the
overall share.
Growing development and
prosperity, along with a prominent influence of western culture, are the prime
issues motivating the China market. Statistics disclose that the country’s
request for baked foods have been rising at a firm pace over the past era, and
the drift is likely to continue.
APAC and MEA Frozen Bakery Products Market:
Segmentation
The
market, based on type, has been fragmented into bread, pizza crusts, cakes
& pastries, and others. The cakes & pastries section is projected to
grow at the highest CAGR during the forecast period (2016-2022). The surge in
request for bread and its alternates by the foodservice industry is probable to
propel the demand for frozen bakery products during the estimated period.
The
frozen bakery products market, based on distribution channel, has been divided
into artisan bakers, retail, and catering & industrial. Retail is probable
to be the leading segment through the estimated period, whereas catering &
industrial is probable to be the fastest-growing segment. Factors such as
rising population and growing disposable income affect local market dynamics
significantly. At the same time, the catering & industrial channel is
motivated by the rising demand for frozen and par-baked products from
restaurants and other institutional food services.
Based
on technology, the frozen bakery products market is segmented into raw
products, ready baked & frozen, ready-to-bake. The available baked &
frozen segment is likely to grow at the highest CAGR from 2016 to 2022.
Features such as the wide-scale application, versatility, available products,
and quick to use at discarding drive the ready baked & frozen segment.
Geographically,
APAC and MEA Frozen Bakery Products are segmented into the Asia Pacific and the
Middle East & Africa. The Asia-Pacific market is predicted to grow at the
highest CAGR during the estimated period. Frozen bakery products are expected
to gain potential demand in emerging countries such as India and China, due to
the rise in throwaway income and purchasing power parity (PPP) of the rising
population of these countries. Instability of raw material prices and
preference for newly baked products are limits for frozen bakery products
market players.
APAC and MEA Frozen Bakery
Products Market: Regional insights
Europe
contributed to the leading market share in 2018. Germany accounted for a
significant share in Europe during the same year. The growth tourism and
catering industry in European countries such as the U.K., Germany, and Italy,
is predictable to offer significant development chances in the next few years.
Consumers prefer suitable and ready ingesting products for their breakfast
menu, which in turn has chosen the product demand. Furthermore, the obtainability
of gluten-free baked goods for the health-alarmed consumers has funded to the
growth.
The
Asia Pacific is predicted to see the fastest development during the estimated
period due to issues such as developing economies, the effect of the western culture,
and increasing disposable income. The growing female workforce has distorted
the predictable household dynamics, which has resulted in the apparent rise in
liking for ready to eat food. For instance, the market growth in India was
reinforced by the major urban cities taking a high percentage of working women
people.
Competitive
Landscape
Kellogg Company; Cargill Corporation; Conagra Brands Inc.; Custom Foods, Inc.; Vandemoortele N.V.; Bridgford Foods Corporation; Associated British Foods plc; General Mills, Inc.; Europastry; Cole’s Quality Foods Inc.; and Flowers Foods and other prominent players.
Recent Development
·
In 2018,Sara Lee Frozen
Bakery opened after Kohlberg and Company acquired the frozen bakery business of
Tyson Foods.
·
Grupo Bimbo S.A.B. in 2016
announced the acquisition of the General Mills Argentinas bakery business.
·
By Type
Ø
Breads
Ø
Pizza Crusts
Ø
Cakes & Pastries
Ø
Others
·
By Distribution Channel
Ø
Artisan Bakers
Ø
Retail
Ø
Catering
Ø
Online Channel
·
By Technology
Ø Raw Products
Ø Ready-to-Bake
Ø Ready Baked
Ø Frozen
·
By Source
Ø Corn
Ø Wheat
Ø Barley
Ø Rye
·
By
Region
Ø Asia
Pacific
ü China
ü India
ü Japan
ü South
Korea
ü Rest
of APAC
Ø Middle
East & Africa
ü Saudi
Arabia
ü UAE
ü South
Africa
ü Rest of MEA
The objective of
the Study:
Ø To
analyze and forecast the APAC and MEA Frozen Bakery Products Market size of the
market in terms of value.
Ø To
examine the careful market segmentation and forecast the market size, in terms
of value, based on the region by segmenting.
Ø The
APAC and MEA Frozen Bakery Products Market segmented into five regions, namely,
Asia Pacific, MEA and their leading countries.
Ø To
outline, categorized, and forecast the APAC and MEA Frozen Bakery Products
Market based on the Type, Distribution Channel, Technology, Source, and
Regional.
Ø To
examine competitive developments like by type, Distribution Channel,
Technology, Source, Regional within the APAC and MEA Frozen Bakery Products
Market.
Ø To
highlight the impact analysis of the factors affecting the market dynamics such
as growth drivers.
Ø To
strategically profile the key players and comprehensively analyze their market
shares along with detailing the competitive landscape for market leaders.
Business Questions Answer by the
Report
Ø How will the
market drivers, restraints, and opportunities affect the market dynamics?
Ø What will be the
market size in terms of value and volume and market statistics with a detailed
classification?
Ø Which segment
dominates the market or region, and one will be the fastest - growing, and why?
Ø A comprehensive
survey of the competitive landscape and the market participant players
Ø Analysis of
strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client
satisfaction is our first and last priority, and that is why BlueWeave
Consulting offers customization according to Company’s specific needs. The
following customization options are available for the report:
Additional Company Information
Ø With five
additional company detail analysis
Ø Additional
country analysis
Ø Detailed segment
analysis
Market Segmentation
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