North America Frozen Bakery Products Market Size, Share & Trends Analysis Report By Product Type (Cakes & Pastries, Pizza Crusts, Bread, and Others), By Distribution Channel, By Type (Ready-to-bake, Ready-to-eat, and Others), By Country and Growth Forecast, 2023 - 2030
The North America Frozen Bakery Products Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 735.4 kilo tonnes, showcasing a growth of 5.6% (2019-2022).
One of the primary drivers behind the adoption of frozen bakery products is their unparalleled convenience. Consumers increasingly turn to frozen options for quick and easy meal solutions in a fast-paced world where time is precious. Frozen bakery products eliminate the need for lengthy preparation and baking times, allowing individuals to enjoy freshly baked goods without the time investment associated with traditional baking. Frozen bakery products have a longer shelf life compared to their fresh counterparts. This extended shelf life is a key factor in their adoption, as it aligns with the modern consumer's desire for products that last longer, reducing the frequency of grocery shopping. Additionally, the frozen format helps minimize food waste, as consumers can use only the portion they need and keep the rest stored for future use.
When done correctly, the freezing process helps preserve baked goods' quality, texture, and taste. Consumers appreciate the reliability and consistency that frozen bakery products offer. This consistency is particularly crucial for food service establishments, ensuring they can deliver high-quality baked goods consistently to meet customer expectations. With an increasing number of dual-income households and busy lifestyles, there is a growing demand for convenient and time-saving meal solutions. Frozen bakery products cater to this demographic by offering a range of options that require minimal preparation, allowing families to enjoy freshly baked items without the need for extensive cooking skills or time-consuming baking processes.
The US market dominated the North America Frozen Bakery Products Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,177.4 Million by 2030. The Canada market is experiencing a CAGR of 8.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.2% during (2023 - 2030).
E-commerce platforms provide consumers the convenience of ordering frozen bakery products from the comfort of their homes in North America. This accessibility has led to an increase in the adoption of online shopping for frozen food items, including various bakery products in North America. Hence, the factors mentioned above will drive the regional market growth.
Based on Product Type, the market is segmented into Cakes & Pastries, Pizza Crusts, Bread, and Others. Based on Distribution Channel, the market is segmented into Convenience Stores, Supermarket & Hypermarket, Bakery Store, Online, and Others. Based on Type, the market is segmented into Ready-to-bake, Ready-to-eat, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Europastry S.A.
- Aryzta AG
- General Mills Inc.
- British Foods plc
- Grupo Bimbo
- Cargill, Incorporated
- Bridgford Foods Corporation
- Lantmnnen Unibake
- Conagra Brands, Inc
- Flowers Foods Inc.
By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Cakes & Pastries
- Pizza Crusts
- Bread
- Others
- Convenience Stores
- Supermarket & Hypermarket
- Bakery Store
- Online
- Others
- Ready-to-bake
- Ready-to-eat
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Frozen Bakery Products Market, by Product Type
- 1.4.2 North America Frozen Bakery Products Market, by Distribution Channel
- 1.4.3 North America Frozen Bakery Products Market, by Type
- 1.4.4 North America Frozen Bakery Products Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Strategies Deployed in Frozen Bakery Products Market
- Chapter 5. North America Frozen Bakery Products Market, by Product Type
- 5.1 North America Cakes & Pastries Market, by Country
- 5.2 North America Pizza Crusts Market, by Country
- 5.3 North America Bread Market, by Country
- 5.4 North America Others Market, by Country
- Chapter 6. North America Frozen Bakery Products Market, by Distribution Channel
- 6.1 North America Convenience Stores Market, by Country
- 6.2 North America Supermarket & Hypermarket Market, by Country
- 6.3 North America Bakery Store Market, by Country
- 6.4 North America Online Market, by Country
- 6.5 North America Others Market, by Country
- Chapter 7. North America Frozen Bakery Products Market, by Type
- 7.1 North America Ready-to-bake Market, by Country
- 7.2 North America Ready-to-eat Market, by Country
- 7.3 North America Others Market, by Country
- Chapter 8. North America Frozen Bakery Products Market, by Country
- 8.1 US Frozen Bakery Products Market
- 8.1.1 US Frozen Bakery Products Market, by Product Type
- 8.1.2 US Frozen Bakery Products Market, by Distribution Channel
- 8.1.3 US Frozen Bakery Products Market, by Type
- 8.2 Canada Frozen Bakery Products Market
- 8.2.1 Canada Frozen Bakery Products Market, by Product Type
- 8.2.2 Canada Frozen Bakery Products Market, by Distribution Channel
- 8.2.3 Canada Frozen Bakery Products Market, by Type
- 8.3 Mexico Frozen Bakery Products Market
- 8.3.1 Mexico Frozen Bakery Products Market, by Product Type
- 8.3.2 Mexico Frozen Bakery Products Market, by Distribution Channel
- 8.3.3 Mexico Frozen Bakery Products Market, by Type
- 8.4 Rest of North America Frozen Bakery Products Market
- 8.4.1 Rest of North America Frozen Bakery Products Market, by Product Type
- 8.4.2 Rest of North America Frozen Bakery Products Market, by Distribution Channel
- 8.4.3 Rest of North America Frozen Bakery Products Market, by Type
- Chapter 9. Company Profiles
- 9.1 EUROPASTRY S.A.
- 9.1.1 Company Overview
- 9.1.2 Recent strategies and developments:
- 9.1.2.1 Partnerships, Collaborations, and Agreements:
- 9.1.2.2 Geographical Expansions:
- 9.2 Aryzta AG
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Geographical Expansions:
- 9.2.6 SWOT Analysis
- 9.3 General Mills, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.5.2 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Associated British Foods PLC (Wittington Investments Limited)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 SWOT Analysis
- 9.5 Grupo Bimbo
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 SWOT Analysis
- 9.6 Cargill, Incorporated
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
- 9.6.2.1 Partnerships, Collaborations, and Agreements:
- 9.7 Bridgford Foods Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental Analysis
- 9.7.4 SWOT Analysis
- 9.8 Conagra Brands, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.9 Flowers Foods, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Research & Development Expenses
- 9.9.4 Recent strategies and developments:
- 9.9.4.1 Product Launches and Product Expansions:
- 9.9.4.2 Acquisition and Mergers:
- 9.10. Lantmannen Unibake International
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental Analysis
- 9.10.4 Recent strategies and developments:
- 9.10.4.1 Acquisition and Mergers:
- 9.10.4.2 Geographical Expansions:
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