Global Frozen Pizza Market Share, Value, Segment, Growth and Manufacturers 2017-2021
Global Frozen Pizza Market is expected to grow at a significant CAGR of 3.41% during the period 2017-2021, as the scope and its applications are rising enormously across the globe. Baked goods are extremely perishable, and the quality declines rapidly within few hours of being taken from the oven. To preserve the attractiveness and the quality of product freezing technique is used. Therefore frozen bakery goods market is grown rapidly. Pizza is an Italian dish and one of the highly customizable foods eaten all over the world.
Frozen pizza is a half-baked food dish prepared flatbread-containing yeast and is topped with cheese, tomato, meat, and veggies & fruits. For later consumption, it is preserved at 0o C and have a longer shelf life.
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The high demand for suitable and immediate food products amongst the employed populace, growing number of working population with a hectic lifestyle, the presence of cold chain logistics, increasing innovative advertisement on social channels, and rising use of enhanced technology during production are the key driving factors of Frozen Pizza Market share and may enhance in the coming years.
However, rising health consciousness among consumers and increase awareness related to frozen food products are the factors that may restrain overall market growth in the future period. In addition, varying consumers taste and increasing competition from pizzerias are other factors that may hamper overall market growth in the forecast period. Frozen Pizza Market is segmented based on product type, toppings, size, distribution channel, and region.
Thin crust pizza has a softer base that improves the eating experience and have high demand from the population as it consists of fewer calories than conventional pizza. Thin crust pizza is estimated to grow at fastest pace with largest market share in the forecast period. However, Stuffed Pizza, Crust Pizza (Thin Crust Pizza, Thick Crust Pizza), and other products could be explored in frozen pizza in the years to come.
Meat could be a sector with a largest market share of Frozen Pizza and is estimated to lead the overall market in the years to come. The growth of sector may be because of the presence of a large number of population preferring non-veg food, rising customers trying new toppings, and changing eating habits. However, Fruits & Vegetables, Meat, Sauces, Oregano Mix, and other toppings could be explored in Frozen Pizza in the forecast period.
Medium size pizza has a high demand among population as no food wastage chance and serve up to two people. In addition, it is cost efficient. The sector is estimated to lead the overall market in the upcoming years. However, Large and Small size pizza could be explored in Frozen Pizza in the years to come.
Food chain service is a proper support service when it comes to any complaints and consumer prefer buying a frozen pizza from food chain stores as the availability of numerous options. The sector accounts for the largest market share and is estimated to achieve the height in the forecast period. However, Online Stores, Departmental Stores, Modern Trade, and other distribution channels could be explored in the coming years.
Frozen Pizza Market is segmented geographically into Americas (North America, South America, and Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Latin America (Mexico, Argentina, and Brazil), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
Globally, North America accounted for the largest market share of Frozen Pizza and is estimated to lead the overall market in the years to come. The region may acquire a topmost position in the coming years due to, the rising number of working population, growing population that is opting for the frozen food products for their meal, presence of key manufacturers in the region, and rising busy lifestyle. Moreover, producers are using enhanced technology to improve the quality of the frozen pizza and are concentrating on product innovation are other enhanced factors that may generate largest revenue shares in the forecast period.
The United States is a major consumer of Frozen Pizza in this region. This may be because of, the high demand for frozen pizza, changing lifestyle, availability of numerous convenient food options, and rising demand for ready-to-eat meals. Moreover, producers are concentrating on providing frozen pizza with no preservatives and making natural and organic pizza ingredients. The manufacturers in the region could explore these factors in the coming years.
Europe and the Asia Pacific are estimated to be at second and third position. However, Asia Pacific is estimated to grow at fastest pace in the years to come. The developing regions like India and China are the major consumers of Frozen Pizza in this region.
The key players of Frozen Pizza Market are H.J. Heinz, Nestle S.A., FROSTA AG, McCain Foods Ltd., California Pizza Kitchen, Daiya Foods Inc., Conagra Brands Inc., Dr. Oetker GmbH, Atkins Nutritionals Inc., Connies Pizza, and General Mills. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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About Frozen Pizza
Frozen pizza is a common product sold through retail food stores in most developed countries. It is an appealing food item for consumers because of its ease of preparation. Frozen pizzas come with thin, thick, or self-rising crust. Frozen pizza has transcended from the image of an ethnic Italian food item, and traditional toppings such as vegetarian, Mexican, and oriental are now becoming popular among consumers. At-home consumption of frozen pizza has increased from 10% to 12% in 2016. Frozen pizzas have a greater penetration rate in comparison to other frozen prepared food items. Demographically, frozen pizza is most commonly consumed by people belonging to the 17 to 46-years age bracket. The presence of children in households increases the probability of frozen pizza consumption.
Radiant Insights analysts forecast the global frozen pizza market to grow at a CAGR of 3.41% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global frozen pizza market for 2017-2021. To calculate the market size, the report considers the sales in value.
The market is divided into the following segments based on geography:
Radiant Insights report, Global Frozen Pizza Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
• Dr. August Oetker
• General Mills
• SCHWAN’S SHARED SERVICES
Other prominent vendors
• Amy’s Kitchen
• Bernatello’s Foods
• Little Lady Foods
• Macabee Foods
• NEWMAN’S OWN
• Palermo Villa
• Pinnacle Foods
• Increase in demand for RTE products
• For a full, detailed list, view our report
• Chances of raw material contamination and product recalls
• For a full, detailed list, view our report
• New product launches targeted to meet regional tastes
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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