As per the latest analysis, the global frozen dough market value is projected to expand from USD 17,456.2 million in 2024 to USD 29,567.4 million by 2034. Over the assessment period, global frozen dough demand will likely increase at a CAGR of 5.4%.
Frozen bread dough continues to lead the market, driven by its numerous advantages and increasing utilization across various recipes. This segment is projected to maintain a significant market share of 23.2% by 2024.
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Several factors are anticipated to propel the growth of the frozen dough industry during the assessment period. These include
- Rising demand for convenient food products
- Increasing consumption of bakery products
- Growing interest in home cooking
- Rising usage of frozen food in the expanding food services industry
- Expansion of e-commerce and online grocery shopping
- Innovation in frozen dough flavors and varieties
The convenience provided by frozen dough is a key factor poised to propel the growth of the frozen dough industry. By eliminating the necessity for time-consuming dough preparation and enabling quick and easy baking, frozen dough caters to both individuals and the food service industry alike. This accessibility makes it particularly favored among individuals leading busy lifestyles.
Frozen dough is increasingly popular due to its versatility in shaping and portioning. It can be easily customized to produce a variety of baked goods including bread, pizza, pastries, crusts, and rolls. This flexibility appeals to both home bakers seeking creative options and food service establishments aiming to diversify their menus.
The growing trend of home baking and the desire for homemade-style baked goods will likely propel demand for frozen dough through 2034. Similarly, innovative marketing strategies employed by key manufacturers are expected to foster market growth during the forecast period.
Key Takeaways from the Frozen Dough Report:
- The global market for frozen dough is expected to total US$ 17,456.2 million in 2034.
- Based on type, the frozen bread dough segment is set to account for a revenue share of 23.2% in 2024.
- By distribution channel, the online sales segment will likely grow at 5.9% CAGR through 2034.
- North America is expected to hold a leading value share of 23.8% in the global market by 2034.
- India’s market is estimated to witness a value CAGR of 4.7% during the projection period.
Key Companies Profiled:
- General Mills
- Tyson Foods Inc.
- Ajinomoto
- Rich Products Corp.
- CSM ingredients
- J&J snacks Foods Corp.
- Bridgeford Foods
- Europastry
- Nestle
- Guttenplans
Leading companies are concentrating on introducing new frozen dough varieties to meet evolving consumer needs and preferences. They are also integrating advanced manufacturing and packaging technologies as well as employing strategies like facility expansions, advertisements, acquisitions, and partnerships to stay ahead of the competition.
Recent Development:
- In November 2020, NIPPN Co., Ltd. announced the completion of its new frozen dough manufacturing plant in Thailand.
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Frozen Dough Market by Category:
By Type:
- Biscuit & Cookies
- Bread
- Pizza Crust
- Rolls
- Pastry
- Bagels
- Others
By Distribution Channel:
- Business to Business
- Hypermarket/ Supermarkets
- Speciality Stores
- Online Sales Channel
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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