Asia Pacific Frozen Bakery Products Market Trends, Share, Demand, Revenue and Future Outlook
Asia Pacific Frozen Bakery Products Market Growth, Size, Trends Analysis- By Product Type, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2024 | Report ID: FOOD24133 | Pages: 1 - 157 | Formats*: |
| Category : Food & Beverages | |||
Asia Pacific Frozen Bakery Products Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Frozen Bakery Products Market is estimated to reach USD 18.65 billion by 2033 with a CAGR 8.71%.
The report includes an in-depth analysis of the Asia Pacific Frozen Bakery Products Market, including market size and trends, product mix, distribution channels, and supplier analysis. Products that have been partially or fully baked and then frozen to maintain freshness and prolong shelf life are known as frozen bakery products. These goods come in a variety of forms, including bread, cakes, pastries, muffins, croissants, and pizza dough. By helping to seal in flavors and textures, freezing ensures that they will retain their quality when thawed and baked later. Due to its convenience and ability to cut down on preparation time, frozen bakery goods are frequently used by both consumers and companies.
- General Mills Inc. announced the release of its six newest Pillsbury items in its line of frozen baked goods in 2021. Every Pillsbury Monkey Bread package comes with pre-cut dough and a bag of sweet cinnamon sauce, which includes 200 calories, 3 grams of protein, and 10 grams of sugar.
- The newest brand created to "feed modern lifestyles" globally, Life Cuisine, was introduced by Nestle SA in 2020. The product line includes frozen egg pieces and pizza bowls that are meatless, low in carbohydrates, rich in protein, and free of gluten to satisfy consumer preferences.
Market Opportunities and Challenges
Opportunities: The Asian population's busy schedules and increasing knowledge of nutritional details are driving the market's expansion. The market for frozen baked goods has expanded significantly in recent years. It is anticipated to keep expanding during the course of the projection period. Bread and other bakery goods are the most popular foods. The main drivers behind frozen bakery producers' regional chain expansion are considerations like product variety, availability, convenience of use, and desire for quality. The Asian population's lifestyle contributed to the growth of the frozen bakery sector. Because they require less time to bake and cook, these items are convenient to make. Asia-Pacific is seeing an increase in demand for frozen baked goods as a result. Furthermore, The increasing requirement for extended shelf life is another significant issue, and frozen bakery products satisfy both of these demands, which will quicken the market's growth rate. The market for frozen bakery items will increase at a faster rate due to rising disposable income and growing urbanization.
Challenges: Distribution and cold chain logistics are complex and demanding, which is a major barrier to the global market for frozen bread products. Keeping frozen goods intact from the point of manufacture to the final destination of consumption is an inherent issue.
Market Competitive Landscape
There are a lot of regional and international firms in this fiercely competitive sector. Lantmannen, McCain Foods Limited, Conagra Brands Inc., Ajinomoto Co. Inc., and General Mills, Inc. are the major companies in the Asia-Pacific frozen bakery market. To make the process of creating the finished product easier, multinational corporations have been aggressively participating in foodservice channels to offer a variety of frozen bakery items in ready-to-bake and ready-to-prove formats.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel |
| Regions covered | Australia, China, India, Japan, South Korea, Rest of Asia-Pacific |
| Companies Covered | Ajinomoto Co. Inc., Aryzta AG, Conagra Brands Inc., Flower Foods Inc., General Mills Inc., Grupo Bimbo, Lantmannen, McCain Foods Limited, Nestle SA, Pasco Shikishima Corporation, Others. |
COVID-19 Impact on Asia Pacific Frozen Bakery Products Market
The market for frozen baked goods in Asia Pacific was significantly impacted by the COVID-19 epidemic. The market recovered as people turned to home consumption and looked for convenient, long-lasting food options, despite the initial lockdowns and interruptions in the food service industry causing a brief drop in demand. In order to guarantee product availability and safety, the pandemic highlighted the significance of product innovation, online sales channels, and strong supply chain management. The market has grown as a result of increased attention to hygiene and consumer desire for frozen bakery items with added value, like par-baked foods. Long-term effects have included a persistent preference for frozen bakery goods as a dependable and practical meal option, as well as an increased awareness of food safety.
Key Target Audience:
- Retail Consumers
- Foodservice Providers
- Manufacturers of Frozen Bakery Products
- Distributors and Wholesalers
- Supermarkets and Hypermarkets
- Online Retailers
- Food and Beverage Industry
- Institutional Buyers
- Convenience Stores
Our in-depth analysis of the Asia Pacific Frozen Bakery Products Market includes the following segments:
| By Product Type: | |
| By Distribution Channel: |
Key Topics Covered in the Report:
- Asia Pacific Frozen Bakery Products Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Frozen Bakery Products Market
- Segmentation of Asia Pacific Frozen Bakery Products Market By Product Type (Breads, Cakes and Pastries, Pizza Crust, Morning Goods, Others)
- Segmentation of Asia Pacific Frozen Bakery Products Market By Distribution Channel (Automotive, Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores, Online Retailing, Others)
- Expansion Analysis of Asia Pacific Frozen Bakery Products Market
- Problems and Obstacles in Asia Pacific Frozen Bakery Products Market
- Competitive Landscape in the Asia Pacific Frozen Bakery Products Market
- Impact of COVID-19 and Demonetization on Asia Pacific Frozen Bakery Products Market
- Details on Current Investment in Asia Pacific Frozen Bakery Products Market
- Competitive Analysis of Asia Pacific Frozen Bakery Products Market
- Prominent Players in the Asia Pacific Frozen Bakery Products Market
- SWOT Analysis of Asia Pacific Frozen Bakery Products Market
- Asia Pacific Frozen Bakery Products Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Asia Pacific Frozen Bakery Products Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Frozen Bakery Products Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Frozen Bakery Products Market
7. Asia Pacific Frozen Bakery Products Market, By Product Type (USD Million) 2020-2033
7.1. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Product Type, 2020-20267.2. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Product Type, 2027-20337.3. Breads7.4. Cakes and Pastries7.5. Pizza Crust7.6. Morning Goods7.7. Others
8. Asia Pacific Frozen Bakery Products Market, By Distribution Channel (USD Million) 2020-2033
8.1. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Distribution Channel, 2020-20268.2. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Automotive8.4. Supermarkets/Hypermarkets8.5. Convenience Stores8.6. Departmental Stores8.7. Online Retailing8.8. Others
9. Asia Pacific Frozen Bakery Products Market Forecast, 2020-2033 (USD Million)
9.1. Asia Pacific Frozen Bakery Products Market Size and Market Share
10. Asia Pacific Frozen Bakery Products Market, By Region, 2020-2033 (USD Million)
10.1. Asia Pacific Frozen Bakery Products Market Size and Market Share By Region (2020-2026)10.2. Asia Pacific Frozen Bakery Products Market Size and Market Share By Region (2027-2033)10.3. Australia10.4. China10.5. India10.6. Japan10.7. South Korea10.8. Rest of Asia-Pacific
11. Company Profile
11.1. Ajinomoto Co. Inc.11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Aryzta AG11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Conagra Brands Inc.11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Flower Foods Inc.11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. General Mills Inc.11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Grupo Bimbo11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Lantmannen11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. McCain Foods Limited11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Nestle SA11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Pasco Shikishima Corporation11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Asia Pacific Frozen Bakery Products Market is projected to reach USD 18.65 billion by 2033, growing at a CAGR of 8.71% during the forecast period.
Asia Pacific Frozen Bakery Products Market grew in Market size from 2024. The Market is expected to reach USD 18.65 billion by 2033, at a CAGR of 8.71% during the forecast period.
Asia Pacific Frozen Bakery Products Market CAGR of 8.71% during the forecast period.
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Asia Pacific Frozen Bakery Products Market size is USD 18.65 billion from 2024 to 2033.
Asia Pacific Frozen Bakery Products Market is covered By Product Type, By Distribution Channel
The Asia Pacific is anticipated to have the highest Market share in the Asia Pacific Frozen Bakery Products Market.
The Key players in the Market include Companies Covered Core Ajinomoto Co. Inc., Aryzta AG, Conagra Brands Inc., Flower Foods Inc., General Mills Inc., Grupo Bimbo, Lantmannen, McCain Foods Limited, Nestle SA, Pasco Shikishima Corporation, Others.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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