ShareGlobal frozen pastries market.
A recent report anounces the development of the sector.
On February 2017, a report entitled Global Market Study on Frozen Pastries: Viennoiserie Segment Projected to Remain Dominant Through 2024 was published by Persistence Market Research (PMR).
Here are the main figures given by the report:
Global market for frozen pastries:
According to PMR, the global market for frozen pastries could reach $2,861.3 million over 2024 thanks to the popularity of e-commerce and to the convenience of ready-to-eat pastry items. The particularly impressive shelf life of frozen pastries products also plays a part in this growth. The sector is expected to increase at a compound annual growth rate (CAGR) of 5.9%.
"The viennoiserie segment accounts for approximately 60% share in the global frozen pastries market," says the report.
The viennoiserie segment was estimated to be valued at more than $1,000 Mn by 2016 end and is expected to increase at the same rate than the global market, that is at a CAGR of 5.9%.
The plain and filled croissants sub-segment market:
The plain and filled croissants sub-segment is anticipated to grow faster than the others. As most of the frozen pastries products come from Western European countries, Europe is estimated to hold around 62.3% market revenue share over the forecast period.
About PMR: PMR is a specialized supplier of market intelligence reports and consulting service based in United States.
Here are the main figures given by the report:
Global market for frozen pastries:
According to PMR, the global market for frozen pastries could reach $2,861.3 million over 2024 thanks to the popularity of e-commerce and to the convenience of ready-to-eat pastry items. The particularly impressive shelf life of frozen pastries products also plays a part in this growth. The sector is expected to increase at a compound annual growth rate (CAGR) of 5.9%.
The viennoiserie segment market:
According to the report, the viennoiserie segment should remain dominant in the global frozen pastries market.
The plain and filled croissants sub-segment market:
The plain and filled croissants sub-segment is anticipated to grow faster than the others. As most of the frozen pastries products come from Western European countries, Europe is estimated to hold around 62.3% market revenue share over the forecast period.
About PMR: PMR is a specialized supplier of market intelligence reports and consulting service based in United States.