Global Frozen Bakery Products Market to Reach US$ 43.7 Billion by 2032, Impelled by Increasing Need for Convenient Food Options

September 22, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “Frozen Bakery Products Market Report by Product Type (Bread and Rolls, Cakes and Pastries, Cookies and Biscuits, and Others), Distribution Channel (Artisan Baker, Retail, Catering, Online Channel), End User (Retail, Food Service Industry, Food Processing Industry), and Region 2024-2032,” the global frozen bakery products market size reached US$ 31.0 Billion in 2023. Frozen bakery products refer to baked goods such as bread, pastries, cakes, muffins, and others preserved through freezing. It offers an extension of shelf life, reducing food waste and allowing for more efficient inventory management. Frozen bakery products are utilized in retail and food service sectors, grocery stores, restaurants, and catering services. The products are versatile and can be customized to meet specific dietary requirements, such as gluten-free or vegan alternatives, making them suitable for different cultural and festive occasions. These products allow for cost-effective inventory management and reduce wastage, as they can be stored longer. Frozen bakery products are used in various culinary settings, from simple household meals to gourmet restaurant offerings. These bakery products are also frequently used in institutional settings like schools, hospitals, and military bases where mass production and long-term storage are essential.

Global Frozen Bakery Products Market Trends:

The increasing need for convenience as consumers are inclined toward quick and easy meal options, owing to their busy lifestyles, is one of the major factors driving the market growth. Besides this, the widespread popularity of frozen bakery products, as they offer longer shelf life compared to fresh products and reduce the frequency of restocking, thereby benefiting retailers and consumers in inventory management and reducing wastage, is creating a positive outlook for the market growth. Moreover, the increasing demand for a variety of bakery products, including ethnic and exotic flavors, giving rise to frozen bakery items that can be easily transported and stored, is favoring the market growth. Additionally, rapid technological advancements leading to improvements in freezing technologies, ensuring that the taste and nutritional values of frozen bakery products are preserved, making them more appealing to consumers, is anticipated to drive the market growth. Along with this, the growing awareness of health and nutrition, encouraging manufacturers to offer frozen bakery products that cater to various dietary needs, such as gluten-free, low-fat, and vegan options, is providing an impetus to the market growth. Apart from this, the rising online shopping platforms making it more convenient for consumers to purchase frozen bakery products are supporting the market growth. Looking forward, the market value is projected to reach US$ 43.7 Billion by 2032, expanding at a CAGR of 3.8% during 2024-2032.

Market Summary:

  • Based on the product, the market has been divided into bread and rolls, cakes and pastries, cookies and biscuits, and others. According to the report, bread and rolls represent the largest segment.
  • On the basis of the distribution channel, the market has been classified into artisan baker, retail, catering, and online channel. Among these, artisan baker accounts for the largest market share.
  • Based on the end user, the market has been categorized into retail, food service industry, and food processing industry. According to the report, the food service industry accounts for the largest market share.
  • Region-wise, the market has been segmented into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe holds the largest market share.
  • The competitive landscape of the market has also been examined, with some of the key players being Aryzta AG, Associated British Foods plc, Bridgford Foods Corporation, Conagra Brands Inc., Dawn Food Products Inc., Europastry S.A., Flowers Foods, General Mills Inc., Kellogg Company, Lantmännen, TreeHouse Foods Inc., Vandemoortele etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Distribution Channel, End User, 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 Aryzta AG, Associated British Foods plc, Bridgford Foods Corporation, Conagra Brands Inc., Dawn Food Products Inc., Europastry S.A., Flowers Foods, General Mills Inc., Kellogg Company, Lantmännen, TreeHouse Foods Inc. and Vandemoortele
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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Frozen Bakery Products Market to Reach US$ 43.7 Billion by 2032, Impelled by Increasing Need for Convenient Food Options
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More