Asia Pacific Frozen Bakery Products Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Frozen Bakery Products Market is estimated to reach USD 18.65 billion by 2033 with a CAGR 8.71%.
The report includes an in-depth analysis of the Asia Pacific Frozen Bakery Products Market, including market size and trends, product mix, distribution channels, and supplier analysis. Products that have been partially or fully baked and then frozen to maintain freshness and prolong shelf life are known as frozen bakery products. These goods come in a variety of forms, including bread, cakes, pastries, muffins, croissants, and pizza dough. By helping to seal in flavors and textures, freezing ensures that they will retain their quality when thawed and baked later. Due to its convenience and ability to cut down on preparation time, frozen bakery goods are frequently used by both consumers and companies.
- General Mills Inc. announced the release of its six newest Pillsbury items in its line of frozen baked goods in 2021. Every Pillsbury Monkey Bread package comes with pre-cut dough and a bag of sweet cinnamon sauce, which includes 200 calories, 3 grams of protein, and 10 grams of sugar.
- The newest brand created to "feed modern lifestyles" globally, Life Cuisine, was introduced by Nestle SA in 2020. The product line includes frozen egg pieces and pizza bowls that are meatless, low in carbohydrates, rich in protein, and free of gluten to satisfy consumer preferences.
Market Opportunities and Challenges
Opportunities: The Asian population's busy schedules and increasing knowledge of nutritional details are driving the market's expansion. The market for frozen baked goods has expanded significantly in recent years. It is anticipated to keep expanding during the course of the projection period. Bread and other bakery goods are the most popular foods. The main drivers behind frozen bakery producers' regional chain expansion are considerations like product variety, availability, convenience of use, and desire for quality. The Asian population's lifestyle contributed to the growth of the frozen bakery sector. Because they require less time to bake and cook, these items are convenient to make. Asia-Pacific is seeing an increase in demand for frozen baked goods as a result. Furthermore, The increasing requirement for extended shelf life is another significant issue, and frozen bakery products satisfy both of these demands, which will quicken the market's growth rate. The market for frozen bakery items will increase at a faster rate due to rising disposable income and growing urbanization.
Challenges: Distribution and cold chain logistics are complex and demanding, which is a major barrier to the global market for frozen bread products. Keeping frozen goods intact from the point of manufacture to the final destination of consumption is an inherent issue.
Market Competitive Landscape
There are a lot of regional and international firms in this fiercely competitive sector. Lantmannen, McCain Foods Limited, Conagra Brands Inc., Ajinomoto Co. Inc., and General Mills, Inc. are the major companies in the Asia-Pacific frozen bakery market. To make the process of creating the finished product easier, multinational corporations have been aggressively participating in foodservice channels to offer a variety of frozen bakery items in ready-to-bake and ready-to-prove formats.
Scope of the report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product Type, By Distribution Channel |
Regions covered | Australia, China, India, Japan, South Korea, Rest of Asia-Pacific |
Companies Covered | Ajinomoto Co. Inc., Aryzta AG, Conagra Brands Inc., Flower Foods Inc., General Mills Inc., Grupo Bimbo, Lantmannen, McCain Foods Limited, Nestle SA, Pasco Shikishima Corporation, Others. |
COVID-19 Impact on Asia Pacific Frozen Bakery Products Market
The market for frozen baked goods in Asia Pacific was significantly impacted by the COVID-19 epidemic. The market recovered as people turned to home consumption and looked for convenient, long-lasting food options, despite the initial lockdowns and interruptions in the food service industry causing a brief drop in demand. In order to guarantee product availability and safety, the pandemic highlighted the significance of product innovation, online sales channels, and strong supply chain management. The market has grown as a result of increased attention to hygiene and consumer desire for frozen bakery items with added value, like par-baked foods. Long-term effects have included a persistent preference for frozen bakery goods as a dependable and practical meal option, as well as an increased awareness of food safety.
Key Target Audience:
- Retail Consumers
- Foodservice Providers
- Manufacturers of Frozen Bakery Products
- Distributors and Wholesalers
- Supermarkets and Hypermarkets
- Online Retailers
- Food and Beverage Industry
- Institutional Buyers
- Convenience Stores
Our in-depth analysis of the Asia Pacific Frozen Bakery Products Market includes the following segments:
By Product Type: | BreadsCakes and PastriesPizza CrustMorning GoodsOthers |
By Distribution Channel: | AutomotiveSupermarkets/HypermarketsConvenience StoresDepartmental StoresOnline RetailingOthers |
Key Topics Covered in the Report:
- Asia Pacific Frozen Bakery Products Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Frozen Bakery Products Market
- Segmentation of Asia Pacific Frozen Bakery Products Market By Product Type (Breads, Cakes and Pastries, Pizza Crust, Morning Goods, Others)
- Segmentation of Asia Pacific Frozen Bakery Products Market By Distribution Channel (Automotive, Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores, Online Retailing, Others)
- Expansion Analysis of Asia Pacific Frozen Bakery Products Market
- Problems and Obstacles in Asia Pacific Frozen Bakery Products Market
- Competitive Landscape in the Asia Pacific Frozen Bakery Products Market
- Impact of COVID-19 and Demonetization on Asia Pacific Frozen Bakery Products Market
- Details on Current Investment in Asia Pacific Frozen Bakery Products Market
- Competitive Analysis of Asia Pacific Frozen Bakery Products Market
- Prominent Players in the Asia Pacific Frozen Bakery Products Market
- SWOT Analysis of Asia Pacific Frozen Bakery Products Market
- Asia Pacific Frozen Bakery Products Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Frozen Bakery Products Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Frozen Bakery Products Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Frozen Bakery Products Market
7. Asia Pacific Frozen Bakery Products Market, By Product Type (USD Million) 2020-2033
7.1. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Breads
7.4. Cakes and Pastries
7.5. Pizza Crust
7.6. Morning Goods
7.7. Others
8. Asia Pacific Frozen Bakery Products Market, By Distribution Channel (USD Million) 2020-2033
8.1. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Distribution Channel, 2020-2026
8.2. Asia Pacific Frozen Bakery Products Market Size, Share and Forecast, By Distribution Channel, 2027-2033
8.3. Automotive
8.4. Supermarkets/Hypermarkets
8.5. Convenience Stores
8.6. Departmental Stores
8.7. Online Retailing
8.8. Others
9. Asia Pacific Frozen Bakery Products Market Forecast, 2020-2033 (USD Million)
9.1. Asia Pacific Frozen Bakery Products Market Size and Market Share
10. Asia Pacific Frozen Bakery Products Market, By Region, 2020-2033 (USD Million)
10.1. Asia Pacific Frozen Bakery Products Market Size and Market Share By Region (2020-2026)
10.2. Asia Pacific Frozen Bakery Products Market Size and Market Share By Region (2027-2033)
10.3. Australia
10.4. China
10.5. India
10.6. Japan
10.7. South Korea
10.8. Rest of Asia-Pacific
11. Company Profile
11.1. Ajinomoto Co. Inc.
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Aryzta AG
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Conagra Brands Inc.
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Flower Foods Inc.
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. General Mills Inc.
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Grupo Bimbo
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Lantmannen
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. McCain Foods Limited
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Nestle SA
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Pasco Shikishima Corporation
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.