(Entertainment-NewsWire.com, June 20, 2018 ) Woodridge, USA Jun 2018(News) - In Global Specialty Frozen Bakery Market, bread rolls/artisan loaves and sweet baked goods/ morning goods together holds more than 90% of market share in 2016 (both in terms of value and volume) as maximum specialty frozen bakery products available in the market are comes under these two categories. North America holds major market share in sweet baked goods in 2016 and it will grow at the CAGR of 3.85% (in terms of volume) during the forecast period. Home maker will witness growth rate during the forecast period (in terms of value) due to increasing demand of various types of specialty frozen bakery products across the globe. Europe captures major market share in Home maker customer segment in 2016 as significant amount of specialty frozen bakery in Europe is used for home makers especially in countries like Italy and Germany.
The global market for specialty frozen bakery has witnessed continued demand during the last few years and is projected to reach USD 3,434 million by 2022 with CAGR of 4.45% as changing lifestyle and adoption of various frozen bread rolls/ artisan loaves and sweet bakery goods in regular diet encouraging specialty frozen bakery products consumption.
Key Players: The leading market players in the global specialty frozen bakery market primarily are Aryzta AG (Switzerland) Flowers Foods Inc. (U.S.) Rich Products (U.S.) Lantmannen Unibake (Denmark) Grupo Bimbo SAB de CV (Mexico) Vandemoortele Bakery (France) Europastry Sa (Spain) Harry-Brot GmbH (Germany) Mantinga, UAB (Lithuania) Il Germoglio Food Spa (Italy)
Target Audience: Target Audience Specialty Frozen Bakery Manufacturers Food Industry Frozen food suppliers Bakery Industry Retailers and wholesalers Traders, importers and exporters
Key Findings The Global Specialty Frozen Bakery market is projected to reach USD 3,434 million by 2022 with CAGR of 4.45% Globally, the convenience/ independent retail is growing at higher rate of 4.89% during the forecast period 2016 to 2022. In North America, sweet baked goods & morning goods holds more than 90% of market share in 2016
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