According to the report Middle East and Africa Frozen Bakery Products Industry has been estimated at USD 1.18 Billion in 2016 and is projected to reach USD 1.78 Billion by 2021, at a CAGR of 8.62% during the forecast period from 2016 to 2021.
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Deep frozen bakery foods are products that are stored at subzero temperatures, in order to preserve the quality and shelf life. The ready-to-make foods that fall under this category are getting a great popularity in the recent times.
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The factors that are driving the Industry for frozen bakery products in Middle-East and Africa region are busy life schedule which is influencing consumers to shift their dietary preferences towards ready-to-eat food products, along with rapidly increasing number of large retail chains.
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But, the Industry is constrained due to lack of proper refrigeration facility in retail stores and inadequate distribution facility in semi-urban and rural areas.
Middle-East and Africa Industry for Frozen Bakery Products is segmented based on type and distribution channel. By type, the Industry is further sub-segmented into Frozen Bread, Frozen Pizza Crust, Frozen Cake & Pastry.
By Distribution Channel, the Industry is further sub-segmented into Artisan Baker, Retail, Catering. Frozen bread Industry consists of the largest share followed by the frozen cakes and pastries Industry among others.
Increased consumption of bread has created a saturated Industry for frozen bread while frozen cakes and pastries are growing fast.
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Geographically, Middle East and Africa Industry for Frozen Bakery Products is segmented into Middle-East region and Africa region. Middle-East and Africa Industry is proceeding with high CAGR.
Economic development, increasing population, increasing demand for convenience food products and government initiative to safeguard the food supply are creating wide range of opportunities in the region.
Associated British Foods plc, ARYZTA AG, LantmannenUnibake International, EUROPASTRY, SA, General Mills, Inc., and Kellogg Company , Premier Foods Plc, Vandemoortele NV, ConAgra Foods, Inc. and Grupo Bimbo S.A.B. de C.V. are the major players of Middle-East and Africa Frozen Bakery Products Industry.
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Key Points from Table of Contents
- Executive Summary
- Key Inferences
- New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Middle East and Africa Frozen Bakery Products Industry: Segmentation
- By Type
- o Frozen Bread
- o Frozen Pizza Crust
- o Frozen Cake & Pastry
- o Other Frozen Bakery Product
- By Distribution Channel
- o Artisan Baker
- o Retail
- o Catering
- o Others
- PESTLE analysis
- Porter’s Five analysis
Industry Leaders' Analysis
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