The Global Organic Frozen Bakery Market, as disclosed by Market Research Future (MRFR), is anticipating a robust CAGR during the forecast period (2017-2023). Organic frozen bakery products are sourced from organic materials which are then produced by keeping in mind the demands of consumers. The final bakery products contain color, flavor, and texture apart from other major ingredients. Its utility is profound in making organic bread and pizza crust.
The market is gaining substantial traction from several factors such as economic growth, rising health awareness, innovation, and others. Economic growth is directly influencing the rise in disposable income owing to which the market acceptance of such products is increasing. People are also becoming aware of the impact that organic foods have on health owing to which the demand for organic frozen bakery market is increasing. With the rising on-the-go service, quick delivering restaurants are mushrooming all around which is bound to trigger the global market growth.
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Key Players Review
Influential companies to impact the course of the global Organic Frozen Bakery Product Market are
- Lantmännen Unibake International (Denmark)
- Rich Products Corporation (U.S.)
- Harry Brot GmbH (Germany)
- Vandemoortele (Belgium)
- Bimbo Bakeries (U.S.)
- Flowers Foods (U.S.)
- Aryzta (Switzerland)
The merger of Europastry and Wenner Bakery in 2018 was quite decisive for the former company’s reputation. Europastry changed the name of the two merging companies to Europastries USA and took the full ownership. But they retained the product name of Wenner as Wenner’s popularity is quite substantial in the market. Their distribution network is quite strong with a presence in Europe, Asia, Oceania, Africa, and South America which would further increase with the merger.
MRFR’s dedicated research on the organic frozen bakery market reveals segmentation by type, customer-type, and distribution channel. The detailed report also highlights the growth of each section both in terms of volume and value.
Based on the type, the organic frozen bakery market can be segmented into bread rolls & artisan loaves, cakes & cupcakes, pizza crust, sandwiches & wraps & other. The sandwiches & wraps segment is holding the maximum market share and can impact the market with innovation.
Based on the customer-type, the organic frozen bakery market includes homemakers, industrial, and others. The industrial sector has the maximum share with which it is controlling the global market. Also, the demand for it from the client’s side is quite high which is backing up its market prospect.
Based on the distribution channel, the organic frozen bakery market comprises quick service restaurants, large retail, foodservice, convenience / independent retail, and others.
MRFR’s analysis of the global Organic Frozen Bakery Market included regions, namely, North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (ROW). These regions are analyzed with a definite focus on the growth pockets that could impact the upcoming years.
North America has the lion’s share of the market as the demand for organic food is increasing exponentially. This has been coupled with the need for bakery products to support daily food habits. The frozen section is getting substantial traction as demand for ready-to-go foods is surging. Growth in the sale of sandwiches indicates that.
Europe is following the growth of North America. The regional food habit is substantially boosting demand for organic frozen bakery food as the takers of sandwiches and cupcakes are quite high. Several countries such as France, Germany, and Switzerland are famous for these products. On the other hand, ecological concerns are turning many towards organic. All these factors together are influencing the expansion plans of the Organic Frozen Bakery Market. The convenience of consumption of these products is making them important market factors and many countries are getting engaged in importing and exporting the product to which is ensuring significant growth in business deals.
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