North America Frozen Bakery Products Market is expected to reach US$ 9,299.63 Mn by 2028

Bread and Rolls Segment to Dominate North America Frozen Bakery Products Market during 2021-2028

According to a new market research study on “North America Frozen Bakery Products Market to 2028– COVID-19 Impact and Regional Analysis and Forecast – by Type, Application, and Country,” is expected to reach US$ 9,299.63 million by 2028 from US$ 6,978.61 million in 2021. The market is estimated to grow at a CAGR of 4.2% from 2021 to 2028. The report provides trends prevailing in the North America frozen bakery products market along with the drivers and restraints pertaining to the market growth. Rise in demand for convenience food and increase in number of food service outlets are the major factors driving the growth of the North America frozen bakery products market. However, the volatility of raw materials and preference for conventional bakery products may hinder the growth of North America frozen bakery products market.

In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of frozen bakery products manufacturing activities. Downfall in other food & beverages producing sectors has subsequently impacted the demand for frozen bakery products during the early months of 2020. Moreover, decline in the overall bakery products producing activities has led to the discontinuation of frozen bakery products manufacturing projects, thereby reducing the demand for frozen bakery products. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

The market for North America frozen bakery products is segmented into product type, category, end-use and country. Based on product type, the market is segmented into breads and rolls, pizza and pizza crust, cakes and pastries, cookies and biscuits and others. In 2020, the bread and rolls segment held the largest share in North America frozen bakery products market. Based on category, the North America frozen bakery products is bifurcated into gluten-free and conventional. The gluten-free segment is expected to be the fastest growing segment over the forecast period. Based on end-use, the North America frozen bakery products is divided into foodservice and food retail. In 2020, the food service segment held the largest share in North America frozen bakery products market.  Furthermore, in this present scenario of COVID 19 pandemic, the North America frozen bakery products market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North American countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for frozen bakery products.

Dawn Food Products, Inc.; Europastry, S.A.; Lantmannen Unibake; Grupo Bimbo S.A.B. de C.V, Aryzta Ag; General Mills, Inc.; Cole's Quality Foods Inc.; Conagra Brands, Inc.; Associated British Food Plc. and Bridgford Foods Corporation are some of the leading companies in the North America frozen bakery products market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the North America Frozen Bakery Products market as follows:

• Breads and Rolls
• Pizza and Pizza Crust
• Cakes and Pastries
• Cookies and Biscuits
• Others

• Gluten-free
• Conventional

• Foodservice
• Food Retail

• US
• Canada
• Mexico