© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Frozen Bakery Market size to cross $25 billion by 2024 : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Frozen cakes & pastries are expected to dominate the product market from 2017 to Increase in import and exports of these products in regions such as Europe and North America will complement its growing market share worldwide. Additionally, cakes & pastries with low protein wheat and higher gluten-starch ratio have witnessed popularity and will contribute significantly to the product industry. Frozen cakes are further segmented into pancakes, muffins and pound cakes.  Supermarket & hypermarket segment is estimated to surpass market value of USD 9 billion in 2024 in the market. Supermarkets have been successful in acquiring substantial share in the market as they offer assorted products at low prices manufactured by major bakeries. They also have in-store bakeries that produce a variety of baked products. Increasing population and one roof shopping solution provided by supermarket and hypermarket are expected to maintain the channel’s market share. Key Insights from Frozen Bakery Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific will grow at a significant pace and account for a share of more than 20% in the market. Positive outlook of the region is attributed to consumers’ inclination toward frozen products from regular items in their meal. Additionally, frozen food adoption is increasing owing to its benefits of ease in availability, better quality, environment friendly manufacturing, and reasonable pricing.  The consumption of frozen bakery products in Middle East & Africa is projected to exceed 220 kilo tons in Factor driving consumption of these products in this region is consumers’ shift of dietary preferences to ready-to-eat products due to their hectic life schedule. Furthermore, escalating number of retail chains has given a boost to availability of these products. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe frozen bakery market size, by distribution channel, (USD Billion)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Application Trends Frozen bakery products contribute a substantial share in frozen food market due to the rise in demand for ready to thaw and ready to bake frozen products. These products offer quick service by retaining both quality and freshness characteristics. Companies have achieved a competitive edge through these products by offering them in quick service restaurants, gas stations, coffee chains, and in-store bakeries. Regional Trends Europe is anticipated to contribute significantly to the global product market during the forecast period. Rising catering and tourism industry in Germany, the UK, and France will offer promising growth in the region in the next seven years. The regional market is driven by growing demand for ‘bake-off’ and ‘thaw and serve’ products that provide ease to quick service restaurants, grocery stores, retail bakeries, and households. Competitive Market Share Key manufacturers in global frozen bakery market are Conagra Brands Inc., Vandemoortele N.V., Lantmannen Unibake International, Kellogg Company, Associated British Foods plc, Grupo Bimbo, General Mills, Inc., Europastry, S.A., Aryzta AG, Cole’s Quality Foods, Inc, Flowers Foods, General Waffel Manufactory, American Desserts and more. 360° Analysis

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