Global Frozen Pizza Market Size study & Forecast, by Product (Regular, Medium, Large), by Distribution Channel (HoReCa, Offline Sales, Online Sales) and Regional Analysis, 2022-2029
Global Frozen Pizza Market is valued at approximately USD 20.87 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.2% over the forecast period 2022-2029. Frozen Pizza is popular ready-to-eat food choice, made with the use of preservatives. It is made with yeast from flatbread dough and topped with sauces, different types of cheeses, meats such as chicken, ham, veggies, and other fruits including capsicum and pineapple. The pizza made is fast frozen and packed into food-grade foils and pouches. The increasing demand for frozen food products and changing food preferences among millennials as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing demand for frozen food products is contributing to the growth of the Global Frozen Pizza Market. For instance, according to Statista – in 2018, the global market for frozen foods was estimated at USD 260.8 billion, and the market for frozen food is projected to grow to USD 366.3 billion by 2026. Moreover, as per Statista - In 2021, in Germany around 388.215 thousand tons of frozen pizza were sold, witnessing an increase of more than 10 thousand tons compared to 2020 with around 377 thousand tons sold. In addition, in the United States, the sales of frozen pizza in 2021, was amounted to USD 6.06 billion, up from USD 5.47 billion in 2020. Also, increasing working-class population and growing emergence of online distribution channels would create a lucrative growth prospectus for the market over the forecast period. However, rising number of health-conscious individuals and concern over ill impact associated with consumption of frozen food products like heart diseases, diabetes, etc. stifle the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Frozen Pizza Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and presence of leading market players offering frozen pizzas in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising millennial population, increasing consumption of ready-to-eat food products coupled with growing emergence of online grocery distribution platforms in the region.
Major market players included in this report are:
Bellisio Foods Inc.
Hansen Foods, Inc.
Nestle SA
One Planet Pizza
Daiya Foods Inc.
McCain Foods Ltd.
Oetker GmbH
California Pizza Kitchen, Inc.
Atkins Nutritionals, Inc.
Freiberger Lebensmittel Gmbh Co
Recent Developments in the Market:
In September 2021, USA based frozen meal brand Happi Foodi in partnership with digital media company Barstool Sports launched a new line of ready-to-heat pizzas, named One Bite Pizza in the USA. This new pizza range would be available in over 3,500 Walmart stores and through online portals at Walmart.com, OneBite.app, FreshDirect.com and HappiFoodi.com across the U.S.
In November 2021, India based producer of frozen Snacks HyFun Foods launched a new range of frozen pizzas. The company launched frozen pizzas in four different flavors including Classic Margherita, Veggie Paradise, Garden Fresh and Tandoori Paneer. This new pizza range is 100 percent vegetarian and requires a baking time of 7-9 minutes only.
Global Frozen Pizza Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Regular
Medium
Large
By Distribution Channel
HoReCa
Offline Sales
Online Sales
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Bellisio Foods Inc.
Hansen Foods, Inc.
Nestle SA
One Planet Pizza
Daiya Foods Inc.
McCain Foods Ltd.
Oetker GmbH
California Pizza Kitchen, Inc.
Atkins Nutritionals, Inc.
Freiberger Lebensmittel Gmbh Co
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