Organic Frozen Bakery Market 2017 Industry Survey Report, Challenges, Forecast 2023, Trend, Growth
January 12, 2018 --
Increasing demand of organic food products is driving the market globally. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Organic Frozen Bakery Market Research Report- Forecast to 2023 that the market will demonstrate an exceptional CAGR % during the forecast period.
Consumption of sandwiches & wraps is increasing at a higher CAGR based on high demand for the products from fast food chains. Amongst the various distribution channels, the store based found to hold a lion’s share based on raising consumer’s preference towards on-the-go food products. The popularity of unconventional bakery products is also increasing steadily which has increased the sale of organic frozen bakery goods. People are more inclined towards consumption of organic frozen bakery with high nutritional value which has led to intense focus on the R & D sector of the manufacturing industries.
Bread rolls and sweet baked goods/ morning goods together holds more than 90% of market share in 2016 (both in terms of value and volume) as maximum organic frozen bakery products available in the market are comes under these two categories. In terms of value, bread rolls and artisan loaves will witness higher growth rate during the forecast period due to increasing demand of artisan loaves and bread rolls across the globe. North America holds major market share sweet baked goods in 2017 and it will grow at the healthy CAGR during the forecast period.
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Latest Industry Updates:
Dec 2017 Allied Bakeries is set to launch three loaf range under its Allinson brand, within wrapped bread category which will influence the organic frozen bakery market in upcoming years
Dec 2017 Amy’s Kitchen, a family-run business that has been organic vegetarian convenience foods since 1987 has launched Frozen Vegan Pizza Rolls. This move from company triggered as consumers are moving away from meat and dairy while also seeking out less processed foods. This new shift not only caters to vegans, it also provides healthy options for those who want to reduce their consumption of animal products.
Sep 2016 Organic frozen bakery manufacturers Lantmannen Unibake acquires hamburger bun business in Romania. nternational bakery group Lantmannen Unibake announces the acquisition of Romanian company Frozen Bakery Products SA, a hamburger bun bakery in Bucharest, currently owned by GoodMills Group from Austria, for an undisclosed sum. This acquisition is part of the Lantmannen Unibake growth strategy to strengthen its bakery business in the Central European region. Today, Frozen Bakery Products SA has 80 employees.
Feb 2011 Frozen bakery manufacturers and distributors Mantinga has announced its merger with Boulangeries de France.
Established players from North America and Europe are following strategies innovations in their-product line to expand their business in other regions due to increasing demand of organic frozen bakery products. They are mainly focused on increasing their supply to developed regions where the demand of product is raising. In the Europe region, Germany and France are amongst the dominating countries holding a major share in organic frozen bakery market and exports the product in various other countries of Europe which include Netherlands, Italy, Belgium, U.K. and others.
The key players profiled in the Global Organic Frozen Bakery Market are Aryzta (Swirtzerland), Bimbo Bakeries (U.S.), Rich Products Corporation (U.S.), Flowers Foods (U.S.), Harry Brot GmbH (Germany), Lantmännen Unibake International (Denmark), Vandemoortele (Belgium)
The global organic frozen bakery market has been divided into type, packaging, distribution channel and region.
On The Basis Of Type: Bread, Rolls & Buns, Cakes & Cupcakes, Muffins & Cupcakes, Cookies & Doughnuts, Pies & Tarts, Sandwiches & Wraps, and Others
On The Basis Of Packaging: Boxes, Cartons, pouches, clamshell, and others
On The Basis Of Distribution Channel: Store based and non-store based
On The Basis Of Region: North America, Europe, Asia Pacific and ROW.
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The Global Organic Frozen Bakery Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). North America has the major market share followed by Europe. Changing consumer’s preference in Asia-Pacific is projected to generate a high revenue during the given forecast period backed by higher consumption. The Major importers of organic frozen bakery products include U.K., U.S., France, Germany and Canada. Based on the increasing consumption of convenience frozen food products, the import and export in the developed countries is raising at a steady growth rate.
Source : http://heraldkeeper.com/