As per a new report published by Fact.MR, the global container security scanning market is anticipated to exceed a valuation of US$ 3.5 Bn in 2021, and is expected to expand at an impressive CAGR of close to 8% over the forecast period of 2021 to 2031. There has been significant growth in the number of applications that enable ease of access of various Internet-based services. However, it has...
Pizza is a dish of Italian origin, which usually consists of a flat, round base of leavened wheat-based dough, topped with various fruits and vegetables, including tomatoes and cheese, among other ingredients. The pizza is baked at a high temperature in the oven. Pizza crust consists of a significant part in the pizza. The pizza crust can be hand-tossed, rolled, or even sheeted into shape. Pizza crust can be made into thin crust, deep dish, or pan crust. With advancements in the technology used to bake pizzas, pizza crust can be pre-made or frozen in the pizza industry. Various processes are used to manufacture pizza crust. Nowadays, pizza crust with no or minimal preservatives is taking up the Pizza Crust Market by storm. The fast-paced lifestyle of the global population has compelled people to take easy and convenient options as far as food is concerned. Growth in the demand for convenient food has led to an increase in the pre-made pizza crust market.
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Rising Young Population Globally Boosts the Pizza Crust Market
The pizza crust market is likely to experience high growth during the forecast period, owing to the rise in urbanization levels, globally. The influence of Western culture on the lifestyle of the population in Eastern sub-continents has also had a considerable influence on the growth of the pizza crust market. Moreover, the increasing penetration of franchise outlets of pizzas is also influencing the pace at which the pizza crust market is likely to grow throughout the forecast period. The rise in the adoption of pizza crust for specific needs such as non-allergen, organic, and others is also likely to influence the growth of the pizza crust market. Due to the rise in the health-conscious consumer base, the pizza crust market is experiencing high traction for research and development related to the ingredients used and label claims, among others. Although, health impacts caused due to the consumption of pizzas such as bloating, weight gain, digestive system damage, etc., are likely to impede the growth of the global market for pizza crust. The primary consumers of pizzas include the young population; therefore, the increasing share of the young people on a global level also surges the growth in the pizza crust market.
Commercial Users of Pizza Crust are Likely to Dominate the Pizza Crust Market
The pizza crust serves various applications in the end use industries and has retained the space in the retail shelves in various types. Based on the varied applications and types, the global pizza crust market can be segmented into various types. The global pizza crust market can be segmented on the basis of type, ingredient, size, end use, and geography. Based on type, the pizza crust market can be segmented into hand-tossed, thin crust, and pan crust. On the basis of ingredient, the pizza crust market can be segmented into gluten-free, vegan, frozen, and others. Based on size, the pizza crust market can be segmented into 12 inches, 14 inches, 16 inches, and others. On the basis of end use, the global pizza crust market can be broadly segmented into commercial users and residential users. The commercial users of pizza crust can be further segmented into the food & beverage industry, bakeries and confectioneries, HoReCa, and others. Owing to the increasing number of pizza outlets in the world, the demand for pizza crust from the commercial users is dominating the market at the global level. Geographically, the pizza crust market can be segmented into seven regions, namely; North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
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Developing Regions Likely to Experience High Growth in the Pizza Crust Market
The young population contributes a dominating share in the consumption of pizzas, which therefore serves as a major factor driving the global pizza crust market. Due to the high percentage of the younger population in countries such as India, China, the U.S., Pakistan, Indonesia, Brazil, Nigeria, and Bangladesh, among others, these countries are likely to have a significant share in the global pizza crust market. Developed regions such as North America and Europe are likely to have a major share in the global pizza crust market, due to changes in lifestyles and tastes of the consumers in these regions.
Increasing Competition in the Pizza Market to Influence the Growth of the Pizza Crust Market
Increase in the competition in the pizza industry also influences the growth in the pizza crust market. Due to the increase in the consumption of pizzas, many new players are readily investing in the market, which also creates enormous opportunities for the global pizza crust market. Some of the key players prevailing in the pizza crust market are Baker’s Quality Pizza Crusts, Inc., Rizzuto Foods, Alive & Kickin’ Pizza Crust, Tomanetti Food Products LLC, Monte Pizza Crust B.V., Nestlé S.A., Hansen Foods LLC., Schwan Food Co., General Mills, Inc., Dr. Oetker, Conagra Brands Inc., among others.
The research report presents a comprehensive assessment of the pizza crust market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to pizza crust market segments such as type, ingredient, size, end use, and geography.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments of the pizza crust market. The report also maps the qualitative impact of various market factors on market segments and geographies.
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