The report "Frozen Bakery Products Market by Type (Frozen Bread, Frozen Pizza Crust, Frozen Cake & Pastry), Distribution Channel (Artisan Baker, Retail, Catering), & by Region (North America, Europe, Asia-Pacific, Rest of the World) – Global Trends & Forecast to 2020" published by MarketsandMarkets, The Frozen Bakery Products Market is projected to reach USD 21.2 Billion by 2020, growing at a CAGR of 8.5% from 2015 to 2020
The marker report defines and segments the Frozen Bakery Products Market with analyses and projections of the market size, in terms of value and volume. It also identifies the driving and restraining factors of the market with analyses of the trends, opportunities, restraints, and challenges. The size of the market in key regions North America, Europe, Asia-Pacific, and Rest of the World (RoW) has been estimated and projected. The market is further segmented on the basis of the key countries in these regions.
The Frozen Bakery Products Market is considered to be one of the fastest-growing segments of frozen food market due to the growing trend towards ready-to-bake or ready-to-thaw frozen products. The Frozen Bakery Products Market is driven by the rising demand for convenience food products, to save time and efforts in their hectic schedules. Quick-service restaurants and similar retail chains have also benefitted from frozen bakery products as they can now readily thaw frozen bakery products or prepare fresh items using frozen dough. Additionally, prolonged shelf life offers benefits of easy availability whenever required and they can secure stocks during seasonal variations. Owing to these benefits of frozen bakery products, there is an upsurge in the demands for these products and the market is estimated to witness significant growth in the forecast period. The market for frozen bakery products such as frozen bread, frozen cake & pastry, and frozen pizza crust is projected to gain momentum in the near future.
To read the rest of the story, please go to: Markets and Markets