Frozen Pizza Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Frozen Pizza Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2150
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Market Overview:

The global frozen pizza market size reached US$ 16.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.

Frozen pizza is a half-baked pizza that is prepared using yeasted flatbread dough and stored for later consumption. It is usually topped with different kinds of cheese, sauces and meats such as ham and chicken. Once prepared, frozen pizzas are preserved at very low temperatures, i.e., flash-frozen to lock-in their nutritional value and taste. In comparison to freshly baked pizzas, frozen pizzas need to be cooked further before consumption. They also have a longer shelf life, are economical and assist in reducing the overall wastage of food.

Global Frozen Pizza Market

Increasing urbanization and growing demand for convenience food products are the key factors driving the growth of the market. Due to changing lifestyles, dietary patterns and hectic schedules, consumers are increasingly opting for easy to cook and ready-to-eat meal options. This trend, coupled with the increasing working population, is favoring the growth of the market. Additionally, growing health consciousness amongst consumers has led to the launch of gluten- and dairy-free product variants, which are gaining rapid popularity among consumers. Innovative toppings, organic ingredients, and vegan options are also contributing to the extensive demand for frozen pizzas. Some of the other factors such as a rapid increase in the number of retail outlets and Quick Serving Restaurants (QSRs), along with the utilization of advanced technologies for production, storage and supply of the products for minimal wastage of food and resources is also driving the market further.

 

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global frozen pizza market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on crust type, size, product type, topping and distribution.

Breakup by Pizza Crust Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Thin Crust
  • Thick Crust
  • Stuffed Crust
  • Others
     

Breakup by Size:

  • Small
  • Medium
  • Large
     

Breakup by Product Type:

  • Regular Frozen Pizza
  • Premium Frozen Pizza
  • Gourmet Frozen Pizza
     

Breakup by Topping:

  • Cheese
  • Meat
  • Fruits and Vegetables
  • Others
     

Breakup by Distribution:

  • Food Chain Services
  • Modern Trade
  • Departmental Stores
  • Online Stores
  • Others
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Amy's Kitchen Inc., Atkins Nutritionals Holdings Inc. (The Simply Good Foods Company), Conagra Brands Inc., Daiya Foods Inc. (Otsuka Pharmaceutical Co. Ltd.), Dr. Oetker GmbH, Freiberger Lebensmittel GmbH & Co. (Südzucker AG), General Mills Inc., McCain Foods Limited, Nestlé S.A., Newman's Own Inc., The Kraft Heinz Company, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Crust Type, Size, Product Type, Topping, Distribution, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Amy's Kitchen Inc., Atkins Nutritionals Holdings Inc. (The Simply Good Foods Company), Conagra Brands Inc., Daiya Foods Inc. (Otsuka Pharmaceutical Co. Ltd.), Dr. Oetker GmbH, Freiberger Lebensmittel GmbH & Co. (Südzucker AG), General Mills Inc., McCain Foods Limited, Nestlé S.A., Newman's Own Inc. and The Kraft Heinz Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global frozen pizza market was valued at US$ 16.6 Billion in 2022.

We expect the global frozen pizza market to exhibit a CAGR of 6.1% during 2023-2028.

The growing demand for ready-to-eat food products, along with the introduction of gluten- and dairy- free variants to cater to the changing consumer dietary patterns, is currently driving the global frozen pizza market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of frozen pizza.

Based on the pizza crust type, the global frozen pizza market can be segmented into thin crust, thick crust, stuffed crust, and others. Currently, thin crust holds the majority of the total market share.

Based on the size, the global frozen pizza market has been divided into small, medium, and large. Among these, medium-sized frozen pizza currently exhibits a clear dominance in the market.

Based on the product type, the global frozen pizza market can be categorized into regular frozen pizza, premium frozen pizza, and gourmet frozen pizza. Currently, regular frozen pizza accounts for the majority of the global market share.

Based on the topping, the global frozen pizza market has been segregated into cheese, meat, fruits and vegetables, and others. Among these, meat holds the largest market share.

Based on the distribution, the global frozen pizza market can be bifurcated into food chain services, modern trade, departmental stores, online stores, and others. Currently, food chain services exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global frozen pizza market include Amy's Kitchen Inc., Atkins
Nutritionals Holdings Inc. (The Simply Good Foods Company), Conagra Brands Inc., Daiya Foods Inc. (Otsuka Pharmaceutical Co. Ltd.), Dr. Oetker GmbH, Freiberger Lebensmittel GmbH &; Co. (Südzucker AG), General Mills Inc., McCain Foods Limited, Nestlé S.A., Newman's Own Inc, The Kraft Heinz Company, etc.

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Frozen Pizza Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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