Report Ocean introduces a fresh report examining the Global Frozen Pizza Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Global Frozen Pizza Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
Global Frozen Pizza Market is valued at approximately USD 20.87 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.2% over the forecast period 2022-2029.
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Frozen Pizza is popular ready-to-eat food choice, made with the use of preservatives. It is made with yeast from flatbread dough and topped with sauces, different types of cheeses, meats such as chicken, ham, veggies, and other fruits including capsicum and pineapple. The pizza made is fast frozen and packed into food-grade foils and pouches. The increasing demand for frozen food products and changing food preferences among millennials as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing demand for frozen food products is contributing to the growth of the Global Frozen Pizza Market. For instance, according to Statista – in 2018, the global market for frozen foods was estimated at USD 260.8 billion, and the market for frozen food is projected to grow to USD 366.3 billion by 2026. Moreover, as per Statista – In 2021, in Germany around 388.215 thousand tons of frozen pizza were sold, witnessing an increase of more than 10 thousand tons compared to 2020 with around 377 thousand tons sold. In addition, in the United States, the sales of frozen pizza in 2021, was amounted to USD 6.06 billion, up from USD 5.47 billion in 2020. Also, increasing working-class population and growing emergence of online distribution channels would create a lucrative growth prospectus for the market over the forecast period. However, rising number of health-conscious individuals and concern over ill impact associated with consumption of frozen food products like heart diseases, diabetes, etc. stifle the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Frozen Pizza Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and presence of leading market players offering frozen pizzas in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising millennial population, increasing consumption of ready-to-eat food products coupled with growing emergence of online grocery distribution platforms in the region.
Major market players included in this report are:
- Bellisio Foods Inc.
- Hansen Foods, Inc.
- Nestle SA
- One Planet Pizza
- Daiya Foods Inc.
- McCain Foods Ltd.
- Oetker GmbH
- California Pizza Kitchen, Inc.
- Atkins Nutritionals, Inc.
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Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Frozen Pizza market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
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Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Frozen Pizza market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
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