Market Introduction

The North America frozen bakery products market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The widespread trend of socializing in cafes among urban millennials and the youngest segment of the population is accelerating the growth of the chained foodservice industry, which is growing the market for frozen bakery products. Further, cafes and restaurants have emerged as a comfortable and convenient spot for families, millennials, and working young professionals to relax and socialize, thereby propelling the growth of the market. In addition, rapid infrastructure development in emerging economies, such as new airports and expressways, has created opportunities for numerous foodservice outlets and coffee chains to open new outlets. Owing to this, the increasing preference of consumers for fast food, frozen food, and other ready-to-eat (RTE) food items such as breads and rolls, pizza and pizza crust, cakes and pastries, and cookies and biscuits is driving the demand for frozen bakery products.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/TIPRE00023705

In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of frozen bakery products manufacturing activities. Downfall in other food & beverages producing sectors has subsequently impacted the demand for frozen bakery products during the early months of 2020. Moreover, decline in the overall bakery products producing activities has led to the discontinuation of frozen bakery products manufacturing projects, thereby reducing the demand for frozen bakery products. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

Dawn Food Products, Inc.

Europastry, S.A

Lantmannen Unibake

Grupo Bimbo S.A.B. de C.V

Aryzta Ag

General Mills, Inc.

Cole's Quality Foods Inc.

Conagra Brands, Inc.

Associated British Food Plc.

Bridgford Foods Corporation

📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/north-america-frozen-bakery-products-market

Introduction

The North America frozen bakery products market has experienced significant growth over the past few years and is poised to continue its upward trajectory due to a combination of consumer preferences for convenience, an increasing demand for on-the-go food options, and innovations in frozen bakery products. With the busy lifestyles of modern consumers and a heightened focus on time efficiency, frozen bakery products have emerged as a preferred choice in homes, cafeterias, foodservice chains, and other food establishments. The frozen bakery products market in North America encompasses a wide variety of baked goods such as bread, pastries, cakes, and cookies, which are pre-baked, frozen, and sold to customers for later consumption. This market has seen innovations ranging from healthier and organic options to premium gourmet offerings, making it a dynamic and evolving segment of the food industry.

Market Drivers

Several factors are driving the growth of the frozen bakery products market in North America. The primary factors include:

1. Convenience and Time-Saving: One of the most significant drivers for the frozen bakery products market is the increasing demand for convenience. With busy lifestyles, consumers are looking for easy and quick meal solutions without sacrificing taste and quality. Frozen bakery products offer the convenience of being stored for long periods and consumed when needed, whether at home or in foodservice establishments.

2. Rising Demand for On-the-Go Food: As consumers become busier, the demand for portable and easy-to-eat food options is on the rise. Frozen bakery products like sandwiches, croissants, and muffins are convenient choices for individuals who need a quick snack or meal while on the go. This trend has significantly contributed to the growth of the frozen bakery market in North America.

3. Expansion of Retail Channels: The increase in the availability of frozen bakery products through a range of retail channels, including supermarkets, hypermarkets, and online platforms, has contributed to the market’s growth. Retailers are stocking an expanded assortment of frozen bakery items to meet consumer preferences and demands. Online grocery delivery services also play a vital role in the easy accessibility of these products.

4. Health Consciousness and Dietary Preferences: The growing awareness of health and wellness has influenced the frozen bakery products market, leading to an increase in demand for healthier alternatives. Consumers are more inclined to purchase bakery items that are lower in sugar, calories, and fats, and those that contain organic or all-natural ingredients. This has resulted in a significant shift toward whole grain, gluten-free, and low-carb frozen bakery options.

5. Increase in Disposable Income: Rising disposable incomes in North America, particularly in the United States and Canada, have led to an increased willingness to spend on premium frozen bakery products. The demand for high-quality and artisanal frozen bakery goods, including gourmet breads, pastries, and cakes, is also growing as a result of greater economic affluence.

Product Segmentation

The North America frozen bakery products market can be segmented based on product type, distribution channel, and geography.

1. By Product Type:

o Frozen Bread: Bread is the most commonly consumed frozen bakery product. It is available in various forms, including sliced bread, rolls, bagels, and artisan loaves. The demand for frozen bread is driven by its extended shelf life, convenience, and versatility.

o Frozen Pastries: This category includes a wide range of frozen sweet and savory pastries, such as croissants, Danish pastries, and puff pastries. These items have gained popularity for both breakfast and snacking purposes.

o Frozen Cakes & Cookies: Cakes and cookies are popular frozen bakery products, with consumers purchasing them as ready-to-bake or fully baked options. Frozen cakes are often used for special occasions like birthdays and holidays.

o Frozen Pizza: Frozen pizzas, particularly those with artisanal toppings and healthier crust options, have gained immense popularity due to their convenience and the growing demand for pizza among consumers.

o Frozen Savory Products: These products include frozen quiches, rolls, and other savory baked goods, which cater to the growing demand for snacks and light meals.

2. By Distribution Channel:

o Supermarkets/Hypermarkets: Supermarkets and hypermarkets are the primary distribution channels for frozen bakery products. These retail outlets offer a wide variety of frozen bakery products, catering to different consumer needs and preferences.

o Online Retail: The e-commerce segment has grown significantly, as consumers prefer to shop for frozen bakery products online. Online grocery delivery services allow customers to purchase a variety of frozen baked goods with the convenience of home delivery.

o Convenience Stores: Convenience stores have emerged as essential points of sale for frozen bakery items, particularly for on-the-go snacks and meals.

o Foodservice: Frozen bakery products are also distributed to foodservice outlets such as hotels, restaurants, and cafes, which offer them to consumers as part of breakfast menus or as part of a larger meal offering.

3. By Geography:

o United States: The U.S. is the largest market for frozen bakery products in North America. The country’s large population, fast-paced lifestyle, and high demand for convenience foods have contributed to the market’s growth. The U.S. is also home to some of the most popular frozen bakery brands, and innovation in the sector is continuously driven by consumer preferences for premium, healthier, and more diverse options.

o Canada: The Canadian market for frozen bakery products is also experiencing growth, albeit at a slower rate compared to the U.S. However, Canada’s urbanization, changing lifestyles, and growing health-consciousness have spurred an increased demand for frozen bakery items, especially those that offer health-oriented features.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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