NEW YORK, March 15, 2022 /PRNewswire/ -- The global frozen pizza market has the potential to grow by USD 4.17 billion between 2020 and 2025. The market registered a YOY growth of 3.93% in 2021 and is expected to accelerate at a CAGR of 4.61% during the forecast period.
The report provides a comprehensive analysis of market size, YOY growth rates, and market behavior through 2025.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The market is characterized by the presence of diversified international and regional vendors. International players are continuously increasing their footprint in the market, while regional players are finding it difficult to compete with larger players in terms of quality, pricing, market reach, and financial resources. During the forecast period, the competition in the market is expected to intensify with the launch of technologically advanced products and increasing M&A activities among vendors.
Amys Kitchen Inc., Bernatellos Foods, Caulipower LLC, Dr. August Oetker KG, General Mills Inc., Nestle SA, Newmans Own Inc., One Planet Pizza, Orkla ASA, and Palermo Villa Inc. are some of the dominant market participants.
Factors such as new product launches, increasing mergers and acquisitions, and innovations in packaging will offer immense growth opportunities. However, product recalls, increasing obesity and related diseases among consumers, and challenges in storing frozen food products will hamper the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Frozen Pizza Market 2021-2025: Segmentation
Frozen Pizza Market is segmented as below:
By product, the market will observe maximum demand for regular frozen pizza during the forecast period. Factors such as new product launches and the rise in the number of private label brands offering regular frozen pizza will be driving the growth of the segment. Similarly, based on toppings, the market growth will be significant in the non-vegetarian toppings segment during the forecast period.
North America will generate maximum growth opportunities for market players during the forecast period. The region holds 43% of the global market share. The increasing number of product launches and innovative marketing campaigns adopted by vendors will be crucial in driving the growth of the frozen pizza market in North America. The US is the key market for frozen pizza in North America. The frozen pizza market report covers the following areas:
Frozen Pizza Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the frozen pizza market. Backed with competitive intelligence and benchmarking, our research report on the frozen pizza market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Frozen Pizza Market 2021-2025: Key Highlights
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Frozen Pizza Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.61% |
Market growth 2021-2025 |
USD 4.17 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.93 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 43% |
Key consumer countries |
US, Germany, China, UK, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Amys Kitchen Inc., Bernatellos Foods, Caulipower LLC, Dr. August Oetker KG, General Mills Inc., Nestle SA, Newmans Own Inc., One Planet Pizza, Orkla ASA, and Palermo Villa Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Toppings
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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