• Campbell Soup Co. and McCormick & Co. are partnering on another new Goldfish flavor: Old Bay Seasoned Goldfish crac… https://t.co/gMFcK5ufeD
  • This spring, Dewey’s Bakery introduces its thin Peanut Butter Cookies in the US. This is the sixth variety to join… https://t.co/9QPUDYeOTy
  • THAIFEX – Anuga Asia 2022 preparation is in full swing as Asia’s leading food trade fair gears up to host local and… https://t.co/ogbRJVIFUj
  • Conagra Brands, Inc., one of North America’s leading branded food companies, announced the appointment of Lucy Brad… https://t.co/3H8D1lt4NK
  • Arla Foods Ingredients is demonstrating how its whey permeate Variolac® can help manufacturers adapt to Brazil’s ne… https://t.co/s9zDQvpNYm
  • On May 9, Kerry opened a taste manufacturing facility in South Africa. The USD40m facility is located in KwaZulu-Na… https://t.co/bqx4IzoXV3
  • Inspired by increased consumer demand for healthier food and beverages, Ingredion showcased two recipe prototypes a… https://t.co/c9OHM2FZja
  • The industrial bakery and pastry industry in Spain has recovered part of the frozen dough production lost during 20… https://t.co/XFY1FHLZCR
  • Changing eating habits and consumer demands will present opportunities for bakery manufacturers within the snack fo… https://t.co/m9fKBlF0A1
  • “We’ve carefully developed our latest recipes so that we can provide retailers with HFSS compliant options of shopp… https://t.co/neDwdg3SBU
  • Gordon Lauder, MD of Central Foods: "Our range of Menuserve meringue roulades is very popular with our food service… https://t.co/dCCJT8gLFm
  • Key manufacturers of margarine are targeting rising market trends such as vegan, kosher, organic, etc., and are off… https://t.co/TWp2KX09Gy
  • GNT Europa’s Managing Director, Petra Thiele, said: “EXBERRY® Organics can be used to create spectacularly vibrant… https://t.co/m0aFsH7dss
  • Randall Wilkinson, Chairman and former CEO of Wilkinson Baking: “Paul Rhynard brings tremendous experience crafting… https://t.co/fpcykloVBl
  • Due to a shortage of sunflower oil as a result of the Russia-Ukraine conflict, a lot of companies were returning to… https://t.co/02JqmlIiWW
  • Regal Rexnord will also feature a new series of Active Drive Spiral Cage Belts. These belts are designed to be acti… https://t.co/LeMENpuHhO
  • Christoph Boettger, Member of the Executive Board at BENEO: “We strongly believe in plant-based ingredients and the… https://t.co/NaZRwVDIXF
  • “Almond flour, for example, benefits from a ‘clean’ taste, acting as a blank canvas for other flavors to shine and… https://t.co/iDE72Zg6YT
  • Leticia Gonçalves, ADM: "Our sales in this space have been growing at rates much faster than the industry’s, and ou… https://t.co/DojTJGkV9a
  • After the geothermal energy already installed on the company premises was no longer approved at the site due to new… https://t.co/GqBXZRzTyQ

Global Frozen Bakery Market To Register a 7.4% CAGR

The global frozen bakery market size is expected to reach USD39bn by the end of 2032. The market will show a steady rise at above 7% CAGR between 2022 and 2032, according to a study by Future Market Insights, ESOMAR-certified and member of Greater New York Chamber of Commerce. As per the report, the rising demand for convenience food will stoke growth in the market.

The estimated value of the market was at USD19.1bn in 2020 and it is expected to show a steady pace of growth. Regionally, Europe emerged as a key market for frozen bakery. While retail continues to remain the most preferred channel of distribution, market players are soon expected to diversify, which would drive their focus to catering and industrial channels for distribution.

“In Europe, Germany has emerged as one of the most lucrative markets for frozen bakery. Surge in tourism and catering business has been giving impetus to growth witnessed in Europe. These trends are unlikely to change in the coming years, which will turn favour growth of the overall frozen bakery market in Europe,” says a senior research analyst at FMI.

Growth witnessed in the global frozen bakery market to a large extent is attributable to changing lifestyle of consumers. As life gets hectic and busier, consumers are finding it more and more difficult to invest time in cooking or home prepped meals. This creates an ideal environment for the sales of frozen bakery.

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