Asia-Pacific Frozen Bakery Products Industry by Type (Frozen Bread, Frozen Pizza Crust, Frozen Cake & Pastry and others), by Distribution Channel (Artisan Baker, Retail, Catering and others) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
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According to the report Asia-Pacific Frozen Bakery Products Industry, published by Market Data Forecast, The Industry has been estimated at USD 3.25 Billion in 2016 and is projected to reach USD 5.21 Billion by 2021, at a CAGR of 9.92% during the forecast period from 2016 to 2021.
Frozen bakery products are the food products like ready-to-eat meals and other bakery items like cakes, chocolates and pastries, which require subzero temperature level preservation, for quality preservation, for a longer shelf life and also for ready-to-eat purpose.
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The Industry for frozen bakery products in Asia-Pacific region is mainly driven due to people opting for frozen products instead of regular products for their meal on account of their busy life style. Also, frozen bakery product features including reasonable prices, environment friendly manufacturing process, better quality and convenient in availability are also driving the demand in this region.
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But, some of the major issues which might drop the Industry growth include inclination towards freshly baked products, pH range, health issue, temperature concern.
Asia-Pacific 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, Asia-Pacific Industry for Frozen Bakery Products is segmented into China, India, Japan, South Korea and Australia. The Frozen Bakery Products Industry in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to growing technological innovation, and increasing consumer preference towards convenience and ready-to-eat meals.
Healthy positive growth can also be observed on account of developing economies, disposable income increase, huge influence from western culture and rise in the living standard of population.
Associated British Foods plc, ARYZTA AG, Lantmannen Unibake 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 Asia-Pacific 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)
Asia-Pacific Frozen Bakery Products Industry: Segmentation
- By Type
- o Frozen Bread
- o Frozen Pizza Crust
- o Frozen Cake & Pastry
- o Other Frozen Bakery Products
- By Distribution Channel
- o Artisan Baker
- o Retail
- o Catering
- o Others
- South Korea
- PESTLE analysis
- Porter’s Five analysis
Industry Leaders' Analysis
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