Frozen Bakery Market Size To Reach $95.73 Billion By 2030

Frozen Bakery Market Growth & Trends

The global frozen bakery market size is expected to reach USD 95.73 billion in 2030 and is projected to grow at a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The advancements in freezing technologies have played a pivotal role in enhancing the overall quality, taste, and texture of frozen food products, including frozen bakery products, subsequently contributing to their reputation as convenient and reliable meal options.

Quick freezing methods such as blast freezing or cryogenic freezing have significantly improved the quality of frozen food, including frozen bakery products. These rapid freezing techniques help preserve the natural texture, flavor, and nutrients of the ingredients, ensuring that the product closely resembles fresh alternatives.

Various frozen food manufacturers are also incorporating advanced freezing technologies to improve the quality of their frozen foods. For example, Alpha Foods uses a distinctive processing method that combines high-pressure and high-heat extrusion to achieve ideal moisture control, resulting in a juicy, tender texture that closely mimics the qualities of animal protein.

In January 2024, Air Products highlighted the Freshline Smart Technology, which allows customers to control and monitor food manufacturing processes remotely, at the International Production & Processing Expo (IPPE) at the Georgia World Congress Center in Atlanta.

Advanced freezing technologies have led to the development of frozen food products with extended shelf life. Controlled freezing processes, such as ultra-low-temperature freezing, help maintain the product's quality over an extended period, reducing food waste and enhancing the convenience factor for consumers. Furthermore, frozen food producers are integrating advanced packaging technologies to enhance shelf life.

In February 2023, Preferred Packaging, a division of C-P Flexible Packaging, joined forces with Northwest Frozen LLC to create and introduce a new range of refrigerated, ready-to-eat meals with extended shelf life for retail distribution. The innovative packaging ensures hermetically sealed meals with a tailored, low-oxygen environment inside the package to preserve the freshness of the food.

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Frozen Bakery Market Report Highlights

• The frozen breads segment is expected to grow at a CAGR of 4.9% over the forecast period of 2024 to 2030. Consumers are increasingly drawn to the convenience of frozen bread, as it allows them to stock up without concerns of quick spoilage, reducing food waste and shopping frequency and resulting in its increased adoption.

• Ready-to-cook frozen bakery products are expected to grow at a CAGR of 5.5% over the forecast period, owing to the growing demand for convenient and time-saving meal solutions. Moreover, ready-to-cook frozen bakery items ensure consistent quality and taste, providing reassurance to consumers seeking reliability and thus driving their demand.

• The sales through online channels are expected to grow at a CAGR of 6.4% from 2024 to 2030, owing to the convenience offered by these channels. In addition, online platforms provide access to a diverse range of frozen bakery items, including specialty products that may need to be more readily available locally.

• The Asia Pacific market for frozen bakery is expected to grow at a CAGR of 6.5% from 2024 to 2030. The market is experiencing significant growth driven by rapid urbanization, the rise of convenience foods, and changing consumer lifestyles. As more consumers in urban areas seek quick and easy meal solutions, frozen bakery products such as bread, pastries, and pizzas are becoming increasingly popular.

Frozen Bakery Market Segmentation

Grand View Research has segmented the global frozen bakery market based on product, form of consumption, distribution channel, and region:

Frozen Bakery Product Outlook (Revenue, USD Million, 2018 - 2030)

• Breads

• Doughnuts & Pies

• Cakes & Pastries

• Pizza

• Novelties

• Others

Frozen Bakery Form Of Consumption Outlook (Revenue, USD Million; 2018 - 2030)

• Ready to Cook

• Ready to Bake

• Ready to Proof

Frozen Bakery Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Foodservice

• Supermarkets & Hypermarkets

• Convenience Stores

• Bakery Stores

• Online

• Others

Frozen Bakery Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • UK

  • Switzerland

  • Austria

  • Netherlands

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia & New Zealand

• Central & South America

  • Chile

  • Peru

  • Colombia

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in the Frozen Bakery Market

• Grupo Bimbo

• Conagra Brands, Inc.

• Vandemoortele NV

• Europastry

• Kellogg Company

• Flowers Foods

• General Mills Inc.

• Monbake

• Panamar Bakery Group

• Associated British Foods plc

• Cole’s Quality Foods, Inc.

• Bridgford Foods Corporation

• Custom Foods Inc.