Fact.MR has recently published a fresh research assessment titled Frozen Bakery Products Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022which present a comprehensive outlook related to the ongoing trends and opportunities set to influence the global Frozen Bakery Products market. This report functions to enlighten readers about the expected growth prospects and dynamics which would reforming the target market between 2017 and 2022. According to research findings, the global Frozen Bakery Products market is estimated to record growth at 3.1% CAGR during the forecast period until 2022.
This intelligent assessment provides exclusive information associated to potential sales upgradation and demand for Frozen Bakery Productsacross prime economies. In addition, readers can access precise data related to section-wise market investigation in terms of Product Type, Sales Channel, Sales Format, Region.
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5 Forecast Highlights on Global Frozen Bakery Products Market
Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global frozen bakery products market. The market is expected to create an incremental opportunity of over US$ 1,000 million between 2017 and 2022.
Frozen bakery products market in Japan is anticipated to grow at a faster phase compared to the developed regions such as Europe and North America.
Pizza crust as a product is expected to reach nearly US$ 4,500 million revenues by the end of 2022. Owing to the consumption habits in developed countries, the pizza crust is witnessing a growth in the market. Meanwhile, bread as a frozen bakery product is anticipated to the second largest product.
Compared to various sales channels in frozen bakery products, Modern trade is anticipated to be the largest sales channel. Towards the end of 2017, Modern trade sales channel is expected to account for nearly one-third of the revenue share. Meanwhile, sales of frozen bakery products will be the lowest through convenience stores.
Fresh frozen bakery products on basis of sales format are expected to reach nearly US$ 14,800 million revenues by the end of 2022. It is also projected to account for nearly two-third revenue share by the end of 2017.
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As the report concludes, readers can receive precise data highlighting the competitive landscape active across the global Frozen Bakery Products market. This portion clearly details about the contributions provided by leading manufacturers towards the development of the Frozen Bakery Products market. Furthermore, insights related to competitive trends are clearly discoursed for benefitting stakeholders and new investors. Some of the chief players mentioned in the report are Premier Foods plc, Associated British Foods plc, Vandemoortele NV, Barilla Holdings Spa.