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Frozen Bakery Market Size
- Report ID: GMI1669
- Published Date: Feb 2023
- Report Format: PDF
Frozen Bakery Market Size
Frozen Bakery Market size crossed USD 45.8 billion in 2023 and is set to expand at a CAGR of 6.5% between 2024 and 2032, supported by the rising demand for convenience food globally.
Increased spending on fast food, particularly by consumers in developed regions, is likely to be crucial for the market progression. In the U.S., this surge in expenditure has been influenced by the recession as people are opting for quick and inexpensive ready-to-eat meals over home-cooked food as they are considered an economical option. The emergence of convenience foods as a staple has increased fast-food restaurant sales in American countries, resulting in huge demand for frozen bakery products for quick preparation.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Frozen Bakery Market Size in 2023: | USD 45.8 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 6.5% |
| 2032 Value Projection: | USD 81.4 Billion |
| Historical Data for: | 2018 to 2032 |
| No. of Pages: | 350 |
| Tables, Charts & Figures: | 648 |
| Segments covered: | Recipe, Product, End-user, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Frozen Bakery Market Scope
