PUBLISHER: KBV Research | PRODUCT CODE: 1384778
PUBLISHER: KBV Research | PRODUCT CODE: 1384778
The North America Frozen Dough Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,220.6 Kilo Tonnes, showcasing a growth of 3.7% (2019-2022).
Single-serving and small-batch products are gaining popularity, aligning with modern lifestyles' need for convenience and portion control. Consumers can more easily get these goods because of the growth of e-commerce and online meal delivery services, and many manufacturers now provide direct-to-consumer sales. As plant-based diets gain traction, manufacturers are introducing these products with plant-based ingredients and alternatives that cater to vegans and vegetarians.
Manufacturers increasingly focus on eco-friendly packaging with sustainable materials and reducing plastic use. This aligns with consumer demands for more sustainable food options. Innovations in freezing techniques, such as cryogenic freezing and ultrasound-assisted freezing, have improved products' quality and shelf life. Robotics and automation are expediting the handling and processing of them in commercial food production, increasing productivity and lowering labour costs.
North America's robust food industry and the presence of established manufacturers can result in export opportunities. Urbanization and globalization generate demand for American-style baked goods in various international markets. According to the U.S. Department of Agriculture, in 2021, the United States had 41,080 food and beverage processing plants. Food and beverage processing plants are widely distributed across the United States. California had the highest number of food and beverage manufacturing plants, with 6,301 establishments. Therefore, increasing urbanization and the food and beverages sector in North America will help grow the market in the region.
The US market dominated the North America Frozen Dough Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,361.3 Million by 2030. The Canada market is experiencing a CAGR of 7.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Food Service and Retail (Supermarket & Hypermarkets, Specialty Stores, Online Stores, and Others). Based on Type, the market is segmented into Bread & Pizza, Biscuits & cookies, Rolls & Pastries and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aryzta AG, General Mills, Inc., Ajinomoto Co., Inc., Rich Products Corporation (RE Rich Family Holding Corporation), Campbell Soup Company, Dawn Food Products, Inc., Gonnella Baking Co, Bridgford Foods Corporation, Guttenplan's, and CSM Ingredients S.A.R.L.
Market Segments covered in the Report:
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Type (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019 to 2030)
Companies Profiled
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