Global Frozen Bread Market 2018-2023: Segmented by Product Type, Distribution Channel, and Geography
DUBLIN, Aug 1, 2018 /PRNewswire/ --
The "Global Frozen Bread Market - Segmented by Product Type, Distribution Channel, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Frozen Bread market is expected to reach USD 5.4 billion by 2023 and is expected to register a CAGR of 4.3%, during the forecast period. North America continues to dominate the market followed by Europe.
The Global Frozen Bread sale has surpassed 1,632 million Kg in 2017, registering a CAGR of 2.4%, during the forecast period. The consumption of Frozen Bread has observed a healthy growth during the past five years.
Increased shelf life, busy lifestyle and convenience are various factors driving the frozen bread sale. Middle East is the fastest growing market driven by increased food product import, changing lifestyle and increased consumer taste for free from frozen bread. Consumers demand for new varieties of Frozen bread different region and culture are accelerating the frozen bread market growth.
Free-from and Clean Labels on the Rise
Frozen bread are free from artificial preservatives, which makes it healthier compared to conventional bread available in the market. Rising consumer awareness for long term adverse health effect of artificial additives has fueled the frozen bread demand. However, the texture after reheating the frozen bread is affecting consumer purchasing behavior. It ensures the bread supply over the year due to increased shelf life. It also offers convenience to in store bakeries, food service restaurants, cafes, etc by maintaining both freshness and quality of bread.
Rising consumer demands for healthier bread without compromising the quality is driving the frozen bread market growth. Companies have focused on organic and natural products launch to sustain market competition as many small players with innovative products. About 56% of the global consumers are looking for no artificial preservatives or additives products.
North America Dominates the Market
North America Frozen Bread market accounts for over 35% of the global consumption by value. US is the largest market which surpass a volume consumption of 251 million Kg in 2015, which is expected to reach 281 million Kg by 2023. Despite of declining bread sale in the region, frozen bread performed well over the past few years. Organic, natural, and health claim on frozen bread are the key trend in the region. Increased international population that are seeking for healthier bakery products has supported the market growth. Rising consumer preference for value added, ethnic, fresh, and artisanal Frozen Breads are the primary factor driving sales.
Supermarket/hypermarket remains the dominant retail distribution channel accounting for more than 50% of the sale. Specialist retailers and convenience stores have maintained a stable growth rate of 3% over the past five years. Supermarkets are expected to register the fastest growth rate.
Key Developments
- December 2017 - Rudi's which, a leading supplier of certified organic Frozen Bread in US launched new gluten-free sandwich Frozen Bread under its gluten-free bakery brand made with honey
Key Topics Covered
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Market
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modeling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Trends
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Rising Demand for Additive Free, Natural and Convenience
3.2.1.2 Expanding Retail Channels
3.2.1.3 Growing Consumption of Free-from/Gluten-free Bread
3.2.2 Restraints
3.2.2.1 Consumer Demand for Freshly Prepared Bread Over Packaged Products
3.2.2.2 Fluctuating Commodity Prices
3.2.3 Opportunities
3.2.4 Porter's Five Forces Analysis
3.2.4.1 Bargaining Power of Suppliers
3.2.4.2 Bargaining Power of Buyers
3.2.4.3 Threat of New Entrants
3.2.4.4 Threat of Substitute Products and Services
3.2.4.5 Degree of Competition
4. Market Segmentation
4.1 By Distribution Channel
4.1.1 Convenience Stores
4.1.2 Specialist Retailers
4.1.3 Supermarkets and Hypermarkets
4.1.4 Online Retail
4.1.5 Variety Stores
4.1.6 Other Distribution Channels
4.2 By Geography
4.2.1 North America
4.2.1.1 United States
4.2.1.2 Canada
4.2.1.3 Mexico
4.2.2 Europe
4.2.2.1 Western Europe
4.2.2.1.1 Germany
4.2.2.1.2 United Kingdom
4.2.2.1.3 France
4.2.2.1.4 Italy
4.2.2.1.5 Spain
4.2.2.1.6 Rest of Western Europe
4.2.2.2 Central Europe
4.2.2.2.1 Poland
4.2.2.2.2 Russia
4.2.2.2.3 The Czech Republic
4.2.2.2.4 Hungary
4.2.2.2.5 Rest of Central Europe
4.2.3 Asia-Pacific
4.2.3.1 China
4.2.3.2 India
4.2.3.3 Japan
4.2.3.4 Australia
4.2.3.5 Rest of Asia-Pacific
4.2.4 South America
4.2.4.1 Argentina
4.2.4.2 Brazil
4.2.4.3 Colombia
4.2.4.4 Rest of South America
4.2.5 Middle East & Africa
4.2.5.1 South Africa
4.2.5.2 Saudi Arabia
4.2.5.3 United Arab Emirates
4.2.5.4 Rest of Middle East & Africa
5. Competitive Landscape
5.1 Market Share Analysis
5.2 Strategy Adopted by Key Players
5.3 Most Active Companies in the Past Five Years
6. List of Company Profiles
6.1 Overview
6.2 Products & Services
6.3 Financials
6.4 Key Developments
6.5 Strategies Adopted
6.6 SWOT Analysis of Major Five Players
7. Companies Covered
7.1 Aryzta AG
7.2 Rich Products Corp
7.3 Gonnella Baking Co
7.4 EDNA International GmbH
7.5 George Weston Limited
7.6 Sunbulah Group
7.7 Bridgford Foods Corporation
7.8 Gonnella Baking Company
7.9 Grupo Bimbo, S.A.B. de CV
7.10 Emad Bakeries
7.11 Flowers Foods Inc
7.12 Wenner Bakery
For more information about this report visit https://www.researchandmarkets.com/research/538zwr/global_frozen?w=5
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