(Food-Beverage-News.Com, March 20, 2018 ) Frozen bakery products permit customers to prepare food in a short amount of time without requiring a pastry cook or a specialized oven. They do not need any preservatives as microorganisms cannot grow once the temperature is below-9.5 °C. The other most significant advantage of frozen bakery product is a lesser food wastage as stores will bake based on demand, whereas keeping remaining product frozen and preserved.
The North America Frozen bakery products market has been valued at USD 3,990.4 million in 2016 and is projected to touch USD 6,268.2 million by 2022, at a CAGR of 7.94% in the forecast time period from 2016 to 2022. Cost advantage over baked fast foods, the short time involved in preparation of food, enhanced shelf life of merchandise are main factors that are driving the worldwide frozen bakery products market.
The convenience issue related to frozen bakery product is additionally complemented by an on-the-go snacking trend. The food service sector has been rapidly diversifying their product portfolio to incorporate ready-to-bake and prepared to thaw frozen bakery goods. The demand for such convenient foods has been increasing from speedily rising cafes, restaurants, in-store bakeries and occasional outlets that usually procure frozen food and thaw or bake it to produce instant delicacies.
The rise of specialty frozen baked goods is complemented by the healthy offerings related to it. Baking establishments are progressively providing specialty baked products that are gluten free, dairy free, peanut free, and soy protein free so as to access and capture health aware client section. The microbiological spoilage of frozen food by molds, yeast, and bacteria results in customers choosing safer alternatives to fresh food. The quality and health aware customers are increasingly partial towards freshly baked delicacies and artisanal bakers so as to witness indulgence and fullness.
In the present market, the largest share to the North America market share is contributed by the U.S. this is because of the heavy intake and demand for various convenient and easy to bake desserts in the region.
The major market players in the market are ARYZTA AG, Lantmannen Unibake International, Premier Foods Plc, Vandemoortele NV, General Mills, Inc., and Kellogg Company, EUROPASTRY, SA and Associated British Foods plc.
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