PUBLISHER: KBV Research | PRODUCT CODE: 1384779
PUBLISHER: KBV Research | PRODUCT CODE: 1384779
The Europe Frozen Dough Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 875.2 Kilo Tonnes, showcasing a growth of 4.3% (2019-2022).
The market has experienced substantial growth and innovation in recent years, driven by changing consumer preferences, increased adoption across various food service establishments, and advancements in food processing and freezing technologies. As the name suggests, it is mixed and processed to a certain extent, then flash-frozen and packaged for later use. This versatile food product has many applications, catering to consumers and commercial enterprises.
The bakery industry is a significant consumer of frozen dough. It creates various products, including bread, rolls, croissants, danishes, and pastries. The convenience of using these enables bakeries to save time and maintain consistent product quality. Frozen pizza dough is popular in the food industry, especially among pizzerias and restaurants. It allows establishments to easily create a consistent and high-quality pizza crust, meeting the demands of both customers and the kitchen staff.
Europe is known for its culinary diversity, with each country offering a wide range of traditional and international cuisines. This diversity attracts a diverse group of diners, both locals and tourists, contributing to the growth of the food service sector. As per the report titled Food Service - Hotel Restaurant Institutional, released by the United States Department of Agriculture, in 2021, the food and drink manufacturing sector's output were valued at $34 billion, with an annual turnover of $127 billion. Additionally, the United Kingdom is a popular destination for tourists and international travellers. Therefore, rising food service sector in Europe is expected to boost the demand in the region.
The Germany market dominated the Europe Frozen Dough Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,206.3 Million by 2030. The UK market is exhibiting a CAGR of 4.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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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