Global Market Insights, Inc. provides a detailed overview of U.S. Frozen Bakery Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.
Rapidly growing hotel chain business in the U.S. will be a major factor fueling frozen bakery market demand over the forecast timeframe. Hotel and large-scale restaurants prefer frozen doughs as there is always need for readymade doughs which can be quickly used for preparing desired food dishes and bakery items. Additionally, growing popularity of convenience food will be fueling frozen bakery market demand during the forecast timespan. Frozen bakery food is gaining prominence among consumers due to its ease of baking and it will emerge as a prime buying factor for consumers in the coming years.
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However, Consumers are continuously looking out for improved, healthier and quicker ways to buy bread and baked food products at their convenience and price. Frozen baked products have always been targeted as the root cause for many health problems such as obesity and thus, consumers’ preferences are changing rapidly towards natural and healthier food. This poses a risk to frozen bakery demand in the U.S.
In U.S., bread recipe segment will witness the highest CAGR during the forecast period. Bread has applications in many food products, due to which, it held the largest market share in the U.S in 2017. With changing lifestyle, fast food demand is increasing swiftly. Bread is used as an integral part of many bakery items, which in turn shall fuel the frozen bakery market over the forecast period.
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The hectic work life has increased the demand for convenience food products in the United States. Ready to bake is one of the fastest-growing segments of frozen bakery market due to the drifting consumer preferences towards convenience food products. Frozen bakery products are known for their preserved taste and longer shelf life.
These are the major attributes, which creates major chunk of the demand for the frozen bakery products. Ready to bake items offer all the commercial benefits of fresh baked goods with minimal operational costs and without the inconvenience of finding space to store fresh ingredients. Ready to bake products also allow outlets the freedom to offer a range of quality bakery products with minimal labor requirements.
Hypermarkets & supermarkets accounted for the largest market share in end-user segment of the U.S. frozen bakery market in 2017 and shall remain the market leader over the forecast period. This can be attributed to the high urban population in the country. Hotels, restaurants and caterers’ (HORECA) segment will witness highest CAGR in the U.S. frozen bakery market in the next few years. Quick service restaurants are getting popular in the U.S. owing to the fast-paced life in the country.
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U.S. frozen bakery market is highly fragmented as many players are operating in the industry. Some prominent players working in the country are Clabber Girl Corporation, Tyson Foods, Guttenplan’s Frozen Dough, Inc., Gonnella Baking Company, Deiorios, Tasty Breads International, Wewalka, Pepperidge Farm Incorporated, Custom Foods, Inc., New York Dough Co., Johnston’s Bakery Inc., Grupo Bimbo and Flowers Foods.
Partial Report Content:
Chapter 1. Methodology And Scope
1.2. Market definition
1.3. Market estimation & forecast parameters
1.4. Data sources
Chapter 2. Executive Summary
2.1. U.S. frozen bakery industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Recipe trends
2.1.3. Product trends
2.1.4. End-user trends
Chapter 3. U.S. Frozen Bakery Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.4. Raw material analysis
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Technology Process
3.5.3. Future trends
3.6. Industry impact forces
3.6.1. Growth drivers
188.8.131.52. Increasing demand for convenience food
184.108.40.206. Developing retail channels across the country
220.127.116.11. Superior properties of frozen baked products (such as shelf life and preserved taste)
3.6.2. Industry pitfalls & challenges
18.104.22.168. Mature conventional fresh baked products market demand
22.214.171.124. Fluctuating energy costs (the market is dependent on energy to keep the products in frozen condition)
3.7. Regulatory landscape
3.8. Growth potential analysis
3.8.1. Cost structure analysis
126.96.36.199. R&D cost
188.8.131.52. Manufacturing & equipment cost
184.108.40.206. Raw material cost
220.127.116.11. Distribution cost
18.104.22.168. Operating cost
22.214.171.124. Miscellaneous cost
3.9. Competitive landscape, 2017
3.9.1. Company market share analysis, 2017
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategy dashboard
3.10. Porter’s analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. PESTEL analysis
Chapter 4. U.S. Frozen Bakery Market, By Recipe
4.1. U.S. frozen bakery market recipe insights
4.2.1. Market estimates and forecast, 2013 – 2024
4.3.1. Market estimates and forecast, 2013 – 2024
4.4.1. Market estimates and forecast, 2013 – 2024
4.5. Savory snacks
4.5.1. Market estimates and forecast, 2013 – 2024
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.