Frozen Bakery Market size to surpass $25 billion by 2024: Global Market Insights Inc. Frozen Bakery Market size is anticipated to cross USD 25 billion by 2024; according to a new research report by Global Market Insights, Inc. Factors such as hectic lifestyle and need for easily consumable products in emerging economies will fuel frozen bakery market during the forecast timespan. Further, product innovation and advancement in techniques including hydrocolloids, enzymes and sourdough fermentation to improve quality of these goods will lead to growth in frozen bakery products. Enhanced lifestyle of consumers worldwide is increasing adoption of these products in their daily diet. Consumers’ preference for eye appealing, nutritious and longer shelf life products, without compromising in quality and taste has switched manufacturers to frozen bakery products from fresh bakery goods. Additionally, economic growth of some countries is the preliminary driving factor of the market, as consumers have become capable of affording high priced products with improved shelf life and nutritional value. The product market has led to increase in processed food production and will introduce innovative and diverse range of frozen bakery products.
However, preference for freshly baked and conventional products will obstruct the growth of the product market. Health related problems and concern of maintaining the temperature are other factors that can hinder the global market. Europe frozen bakery market size, by distribution channel, 2013 - 2024 (USD Billion)
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