Brazil Frozen Bakery Market Size & Outlook, 2023-2030
Brazil frozen bakery market, 2018-2030 (US$M)
Brazil frozen bakery market highlights
- The Brazil frozen bakery market generated a revenue of USD 805.8 million in 2022 and is expected to reach USD 1,033.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, pizza was the largest revenue generating product in 2022.
- Novelties is the most lucrative product segment registering the fastest growth during the forecast period.
Frozen bakery market data book summary
| Market revenue in 2022 | USD 805.8 million |
| Market revenue in 2030 | USD 1,033.4 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Pizza |
| Fastest growing segment | Novelties |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Breads, Doughnuts & Pies, Cakes & Pastries, Pizza, Novelties |
| Key market players worldwide | WK Kellogg Co, Cargill, Conagra Brands Inc, Bridgford Foods Corp, Associated British Foods PLC, General Mills Inc, Coles Group Ltd, Flowers Foods Inc, Custom Foods, Vandemoortele, Europastry |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.9% of the global frozen bakery market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil frozen bakery market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,033.4 million by 2030.
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Frozen Bakery Market Scope
Frozen Bakery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil frozen bakery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to frozen bakery market will help companies and investors design strategic landscapes.
Pizza was the largest segment with a revenue share of 41.4% in 2023. Horizon Databook has segmented the Brazil frozen bakery market based on breads, doughnuts & pies, cakes & pastries, pizza, novelties covering the revenue growth of each sub-segment from 2018 to 2030.
The growing interest in frozen bakery products among Brazilians, particularly for breakfast options like waffles, buns, and croissants, can be attributed to several factors. As disposable incomes rise across the country, consumers are more inclined to invest in convenient yet affordable food choices, making frozen bakery products an appealing option.
The globalization of food trends has introduced Brazilians to a diverse array of culinary delights, prompting a curiosity for international flavors and cuisines, which frozen bakery products readily provide.
Enhanced product quality, variety, and accessibility through retail expansion further boost the popularity of these items, catering to evolving consumer preferences and fostering a growing appetite for frozen bakery products across Brazil.
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Our clientele includes a mix of frozen bakery market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil frozen bakery market , including forecasts for subscribers. This country databook contains high-level insights into Brazil frozen bakery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil frozen bakery market
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