ShareGlobal frozen bakery market shows expected continued growth
Europe forms the largest segment of the market in 2012. It is poised to grow at a steady Compounded Annual Growth Rate (CAGR) of 6.9% over the forecast period to 2018.
Showing considerable recent growth, the frozen bakery market is expected to continue expanding with bread considered worldwide as one of the leading staple foods.
Factors such as availability of a variety of bakery products and quality demand of buyers have encouraged quite a few leading frozen bakery product suppliers to expand their chain globally.
Frozen pizza crust comprises an important share with of 32.2% of the total market. Frozen breads hold almost 25.5% of the total market followed by frozen pastries with 15.5% share.
Europe formed the largest segment of the market in 2012 with growth poised at a steady Compounded Annual Growth Rate (CAGR) of 6.9% over the forecast period to 2018.
North America is estimated to be the second largest market due to increased demand for processed food and busy life-styles.
The Asia-Pacific region is projected to have the fastest and highest growth during the same period with 7.7% due to local populations having become acquainted with frozen bakery products in recent years.
Source : Research and Markets
Factors such as availability of a variety of bakery products and quality demand of buyers have encouraged quite a few leading frozen bakery product suppliers to expand their chain globally.
Frozen pizza crust comprises an important share with of 32.2% of the total market. Frozen breads hold almost 25.5% of the total market followed by frozen pastries with 15.5% share.
Europe formed the largest segment of the market in 2012 with growth poised at a steady Compounded Annual Growth Rate (CAGR) of 6.9% over the forecast period to 2018.
North America is estimated to be the second largest market due to increased demand for processed food and busy life-styles.
The Asia-Pacific region is projected to have the fastest and highest growth during the same period with 7.7% due to local populations having become acquainted with frozen bakery products in recent years.
Source : Research and Markets