PUBLISHER: Meticulous Research | PRODUCT CODE: 1576647
PUBLISHER: Meticulous Research | PRODUCT CODE: 1576647
Frozen Dough Market Size, Share, Forecast, & Trends Analysis by Product (Breads, Pizza Crusts, Rolls & Pastries, Cookies & Biscuits, Bagels), Distribution Channel (B2B [Food Services, Food Manufacturers], B2C [Offline, Online])-Global Forecast to 2031
According to a new market research report titled, 'Frozen Dough Market Size, Share, Forecast, & Trends Analysis by Product (Breads, Pizza Crusts, Rolls & Pastries, Cookies & Biscuits, Bagels), Distribution Channel (B2B [Food Services, Food Manufacturers], B2C [Offline, Online])-Global Forecast to 2031,' published by Meticulous Research(R), the frozen dough market is projected to reach $37.8 billion by 2031, at a CAGR of 6.6% from 2024 to 2031. The report provides an in-depth analysis of the frozen dough market across five major geographies, current market trends, size, and recent developments, and the forecast for 2031.
Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, challenges, and trends.
The growth of the frozen dough market is primarily driven by the increasing urbanization and a shift toward convenience foods, the rising global consumption of bakery products, and the growing demand for ready-to-bake and ready-to-eat options. However, inadequate storage systems and perceptions of lower quality compared to freshly baked goods may restrain the growth of this market.
Furthermore, the increasing demand for gluten-free and allergen-free options, coupled with the growth of emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa, are expected to create significant growth opportunities for the stakeholders in this market. On the other hand, the absence of robust cold-chain infrastructure in developing countries poses a major challenge impacting the growth of the frozen dough market.
Moreover, the rising popularity of clean-labeled products and a growing demand for frozen vegan dough options are major trends in the frozen dough market.
Key Players
The key players operating in the frozen dough market are General Mills, Inc. (U.S.), ARYZTA AG (Switzerland), Nestle S.A. (Switzerland), Ajinomoto Co., Inc. (Japan), Campbell Soup Company (U.S.), Bridgford Foods Corporation (U.S.), Europastry, S.A. (Spain), Dawn Food Products, Inc. (U.S.), CSM Ingredients S.A.R.L. (Luxembourg), Guttenplan's (U.S.), Lantmannen Unibake International (A Part of Lantmannen Group) (Denmark), and Okanagan Frozen Dough (Canada).
Based on product, the frozen dough market is segmented into bread, pizza crusts, rolls & pastries, cookies & biscuits, bagels, and other products. In 2024, the bread segment is expected to account for the largest share of 30.7% of the frozen dough market. This segment's large market share is driven by the rising global consumption of bread dough, which is favored for its convenience, versatility, and affordability. Frozen bread doughs offer quick preparation and adaptability to various customer needs.
However, the cookies & biscuits segment is projected to record the highest CAGR during the forecast period. The rapid growth of this segment is primarily driven by the increasing demand for cookies & biscuits from all age groups, growing demand for convenient and ready-to-make products, and surge in demand for healthier baked goods. This includes cookies and biscuit dough products made with organic ingredients, whole grains, and reduced sugar. Moreover, innovations and new product launches are contributing to this growth.
Based on distribution channel, the frozen dough market is segmented into business-to-business (B2B) and business-to-consumer (B2C). In 2024, the B2B segment is expected to account for a larger share of the frozen dough market. This segment's large market share is due to the growing B2B frozen food trading, the growing number of quick service restaurants (QSRs), and rising demand from hotels, restaurants, food chains, cafes, and the food service sector.
Based on geography, the frozen dough market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Europe is expected to account for the largest share of 40.1% of the frozen dough market, followed by North America, Asia-Pacific, Latin America, and Middle East & Africa. The frozen dough market in Europe is estimated to be worth $9.68 billion in 2024. Europe's significant market share can be attributed to several key factors, including the increasing preference for ready-to-eat food, favorable regulations, a well-established cold chain, innovative practices by leading industry players, advancements in frozen food technology, busier consumer lifestyles, and the rising import of frozen foods.
Frozen Dough Market Assessment-by Product
Frozen Dough Market Assessment-by Distribution Channel
Frozen Dough Market Assessment-by Geography
(Note: SWOT Analysis of the Top 5 Companies will be provided)