Asia Pacific Frozen Bakery Products Market

Asia Pacific Frozen Bakery Products Market Growth and Forecast (2023 - 2028):

Asia Pacific Frozen Bakery Products Market is anticipated to develop at a compound annual growth rate of 8.6 % during the estimated time frame of 2023 to 2028.

Market Overview:

Frozen bakery products usually comprises pizza crust, types of bread, cakes, doughnuts, and others that can be obtained from rice, wheat, grain, corn, oats, and so on. The development of the examined market is fuelled by hectic timetables and bringing issues to light on the nourishing realities among the Asian populace, the frozen bakery market is developing extensively as of now and is anticipated to keep developing in the foreseen time.

Bakery items, for example, bakery being the most widely recognized nourishment, factors, for example, accessibility, usability, item variety and quality interest of the purchasers are the key factors that are driving frozen bakery kitchen providers to grow their chain over the area.

Frozen Bakery Products Market Trends:

The frozen bakery is the Largest Market

Among all the bakery items, the frozen bakery products are the regularly favored items in Asia-Pacific nations. Bake Off Technology (BOT) is an umbrella term for all the advancements utilized for frozen bakery improvement. One of the most favored innovations utilized in the frozen bakery improvement is Unfermented Frozen Dough (UFD), trailed by Partially Baked Frozen bakery (PBF), and Partially Baked Unfrozen bakery (PBUB). UFD requires skilled staff but delivers items with quality equivalent to scratch baking and requires at least 3 hours of time. Quality loss during capacity is the major limiting component partner with a completely baked frozen bakery market.

Recent Developments in Frozen Bakery Products Industry:

• Reputed for giving customary items in 2018, Europastry has finished the acquisition of Confeitaria Torres. The subsequent organization is a Portuguese organization that represents considerable authority in new and frozen bakery and baked goods. With this procurement, Europastry is entering the frozen bakery market.
• Grupo Bimbo S.A.B. in 2016 reported the securing of the General Mills Argentina bakery business.
• In 2018, Sara Lee Frozen Bakery opened after Kohlberg and Company obtained the frozen bakery business of Tyson Foods.

Drivers:

The riotous way of life has expanded the utilization of bakery items on the fly. The presentation of clean label items and flavors stands out for people and gives chances to APAC market development. The expanded interest for cafeteria and grocery store chains for bakeries in stores is entranced by the nature of frozen bakery and patisseries, contrasted with the short timeframe of realistic usability of new products. In developing markets like the Asia-Pacific, concentrated nourishments and bakery, for example, pita, corn, roll, etc., are popular. The bustling way of life of purchasers has expanded the prominence of advantageous nourishments in India. This is expanding the fame of frozen bakery items.

Biscuits, puff baked goods and other salty items are likewise picking up prevalence on the grounds that more youthful populaces regularly visit autonomous bakeries for snacks. Alongside the developing interest, a few kinds of items should drive the growth of the Indian market. Customers pick nutritious and unmistakable items with an improved timeframe of realistic usability without trading off taste and quality, the industry is searching for new in the Asia Pacific frozen bakery products market.

Restraints:

Be that as it may, the costs of crude materials for pastry shop items and the inclination for freshly prepared bakery kitchen items can hamper the Asia Pacific Frozen Bakery Products Market in the future. Additionally, with the ascent in weight and developing wellbeing concerns, the pH scope of an item is a constraint in the market.

Frozen Bakery Products Market Segmentation Analysis:

By Product:

• Bread
• Pizza Crust
• Cakes & Pastries
• Waffles
• Donuts
• Cookies

Bread accounted for a leading share in the Asia Pacific frozen bakery products market due to the high consumption rate among the populace in countries like China, India, etc. Other products like pizza crust and cakes and pastries are also finding huge demand in the local market.

By Source:

• Corn
• Wheat
• Barley
• Rye

By End-Use:

• Retail
• Food Service Industry
• Food Processing Industry

Food processing industry is anticipated to develop with a notable rate in the regional market in the coming years owing to the rising consumer awareness about processed foods.

By Distribution Channel:

• Artisan Baker
• Retail
• Catering
• Online Channel

Retail sector accounted for the lion’s share in the APAC frozen bakery products market, which, however, is touted to be dominated by the online channel in the foreseen years.

Regional Analysis:

Asia Pacific Frozen bakery products market is picking up prominence in Asian nations in developing economies, for example, India, China and Japan, with a tight timetable and a developing number of women entering formal occupations. In any case, a few factors that block market development are buyer inclinations for freshly prepared customary bakery items, occasional interest variances and assembling multifaceted nature, and developing wellbeing mindfulness in the rising white-collar class. Comfort and snacks progressing are on the ascent and have become a significant development motor in the frozen bakery market. It has likewise become a fundamental driver of deals of frozen baked merchandise. The bakery is one of the most helpful nourishments, and promptly accessible nourishment and the most popular thing in Asian nations, offering immense open doors in the local frozen bakery products industry.

Key Players in the Market:

Major Key Players in the APAC Frozen bakery Products Market are

• Dawn Food Products, Inc.
• General Mills, Inc.
• Bridgford Foods Corporation
• Lantmannen
• T. Marzetti Company
• Aryzta AG
• Associated British Foods Plc
• Flower Foods Inc.
• Grupo Bimbo S.A.B
• Europastry S.A