Americas Frozen Bakery Products Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Bread and Rolls, Cakes and Pastries, Biscuits and Cookies, and Others), Category (Gluten-Free and Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others), and Country
The Americas Frozen Bakery Products market size was valued at US$ 4.21 billion in 2023 and is projected to reach US$ 6.40 billion by 2031; it is expected to register a CAGR of 5.4% from 2023 to 2031.
The Americas frozen bakery products market is experiencing steady growth, driven by increasing demand for convenience foods and the rise of busy lifestyles favoring ready-to-eat bakery products. Frozen bakery products include bread, cakes, pastries, pizza crusts, and more, offering consumers a wide range of choices that can be easily stored and prepared with minimal effort. The demand for frozen bakery products is strong, especially in urban areas, where consumers seek quick meal solutions without compromising taste or quality.
Growth of frozen bakery products is particularly in North America, where busy lifestyles and an emphasis on convenience have spurred demand. The US is a leading market fueled by a high consumption rate of baked goods. Meanwhile, South & Central American countries are seeing growing interest in frozen bakery products due to urbanization and an expanding middle class. Furthermore, the expansion of e-commerce and online grocery platforms has facilitated the accessibility and availability of frozen bakery products. Consumers can now conveniently order their favorite frozen bakery products from the comfort of their homes and have them delivered directly to their doorstep.
Hectic work schedules are changing the lifestyle and eating habits of consumers, thereby increasing their dependency on convenience foods and frozen food products. Convenience foods, such as frozen bakery products, allow consumers to save time and effort associated with ingredient shopping and baking preparations. The food industry is witnessing a surge in the consumption of high-quality convenience food. According to the “2023 Power of Frozen in Retail” by The Food Industry Association and the American Frozen Food Institute, frozen food sales in the US increased by 7.9%, reaching US$ 74.2 billion, over the year ended July 2023. The Millennial and Gen X populations are the major consumers of these products, shopping mostly in supercenters and through online channels. As per the government of Canada, the retail sales of frozen bakery products in Canada were reported to be US$ 280.8 million in 2022.
Prominent market players offer a variety of frozen bakery products, including bread and rolls, biscuits and cookies, donuts, and muffins. These products have extended product shelf-life due to the blast-freezing process. Frozen bakery products also save the effort and time spent on food preparation and provide the convenience of storage. According to the “2023 Food and Health Survey” conducted by the International Food Information Council in 2023, out of 1,022 Americans (aged between 18 and 80 years), 61% of participants chose convenience as a major factor impacting food buying decisions in 2023, which was 56% in 2022. Preprocessed food allows consumers to save time and effort associated with food preparation and reduces baking time. Thus, the rising demand for frozen and convenience food drives the Americas frozen bakery products market.
In 2023, the US held the largest share of the Americas frozen bakery products market, and Canada is expected to register the highest CAGR from 2023 to 2031. The large consumer base, high demand for convenient food options, and strong distribution network that support easy access to frozen bakery items across various retail channels led to the dominance of the US in Americas frozen bakery products market. Conversely, the growing consumer interest in healthier bakery options, increased preference for premium and artisanal bakery products, and the expanding availability of diverse offerings tailored to local tastes and dietary preferences led to the growth of the frozen bakery products market in Canada.
Some of the key players operating in the Americas frozen bakery products market are Grupo Bimbo SAB de CV; Rhodes International Inc; General Mills Inc; Pepperidge Farm Inc; Bridgford Foods Corp; Conagra Brands Inc; Cole’s Quality Foods Inc.; Sara Lee Frozen Bakery LLC; T. Marzetti Company; and The Edwards Baking Company, among others. These players offer innovative products at affordable prices that attract a large number of consumers, opening new opportunities for them in the coming years.
The overall Americas Frozen Bakery Products market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the Americas Frozen Bakery Products market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Americas Frozen Bakery Products Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Frozen Bakery Product Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 Distribution Channels
4.3.5 List of Vendors in Supply Chain
5. Americas Frozen Bakery Products Market – Key Market Dynamics
5.1 Americas Frozen Bakery Products Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Demand for Frozen and Convenience Food in Americas
5.2.2 Increasing Product Innovations and Launches by Key Market Players
5.3 Market Restraints
5.3.1 Risk of Contamination
5.4 Market Opportunities
5.4.1 Escalating Sales of Frozen Food Via E-Commerce Platforms
5.5 Future Trends
5.5.1 Rising Consumer Preference for Gluten-Free Products
5.6 Impact Analysis
6. Americas Frozen Bakery Products Market Analysis
6.1 Americas Frozen Bakery Products Market Revenue (US$ Million), 2021–2031
6.2 Americas Frozen Bakery Products Market Forecast and Analysis
7. Americas Frozen Bakery Products Market Analysis – by Product Type
7.1 Breads and Rolls
7.1.1 Overview
7.1.2 Breads and Rolls: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Cakes and Pastries
7.2.1 Overview
7.2.2 Cakes and Pastries: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Biscuits and Cookies
7.3.1 Overview
7.3.2 Biscuits and Cookies: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
8. Americas Frozen Bakery Products Market Analysis – by Category
8.1 Gluten-Free
8.1.1 Overview
8.1.2 Gluten-Free: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Conventional
8.2.1 Overview
8.2.2 Conventional: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
9. Americas Frozen Bakery Products Market Analysis – by Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Convenience Stores
9.2.1 Overview
9.2.2 Convenience Stores: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10. Americas Frozen Bakery Products Market – Country Analysis
10.1 North America
10.1.1 North America Frozen Bakery Products Market Breakdown by Countries
10.1.2 North America Frozen Bakery Products Market Revenue and Forecast and Analysis – by Country
10.1.2.1 North America Frozen Bakery Products Market Revenue and Forecast and Analysis – by Country
10.1.2.2 United States: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.2.1 United States: Frozen Bakery Products Market Breakdown by Product Type
10.1.2.2.2 United States: Frozen Bakery Products Market Breakdown by Category
10.1.2.2.3 United States: Frozen Bakery Products Market Breakdown by Distribution Channel
10.1.2.3 Canada: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.3.1 Canada: Frozen Bakery Products Market Breakdown by Product Type
10.1.2.3.2 Canada: Frozen Bakery Products Market Breakdown by Category
10.1.2.3.3 Canada: Frozen Bakery Products Market Breakdown by Distribution Channel
10.1.2.4 Mexico: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.4.1 Mexico: Frozen Bakery Products Market Breakdown by Product Type
10.1.2.4.2 Mexico: Frozen Bakery Products Market Breakdown by Category
10.1.2.4.3 Mexico: Frozen Bakery Products Market Breakdown by Distribution Channel
10.2 South and Central America
10.2.1 South and Central America Frozen Bakery Products Market Breakdown by Countries
10.2.2 South and Central America Frozen Bakery Products Market Revenue and Forecast and Analysis – by Country
10.2.2.1 South and Central America Frozen Bakery Products Market Revenue and Forecast and Analysis – by Country
10.2.2.2 Brazil: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.2.1 Brazil: Frozen Bakery Products Market Breakdown by Product Type
10.2.2.2.2 Brazil: Frozen Bakery Products Market Breakdown by Category
10.2.2.2.3 Brazil: Frozen Bakery Products Market Breakdown by Distribution Channel
10.2.2.3 Argentina: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.3.1 Argentina: Frozen Bakery Products Market Breakdown by Product Type
10.2.2.3.2 Argentina: Frozen Bakery Products Market Breakdown by Category
10.2.2.3.3 Argentina: Frozen Bakery Products Market Breakdown by Distribution Channel
10.2.2.4 Rest of South and Central America: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.4.1 Rest of South and Central America: Frozen Bakery Products Market Breakdown by Product Type
10.2.2.4.2 Rest of South and Central America: Frozen Bakery Products Market Breakdown by Category
10.2.2.4.3 Rest of South and Central America: Frozen Bakery Products Market Breakdown by Distribution Channel
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Collaboration
12.3 Expansions
12.4 New Launch
12.5 Mergers & Acquisitions
13. Company Profiles
13.1 Grupo Bimbo SAB de CV
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Rhodes International Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 General Mills Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Pepperidge Farm Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Bridgford Foods Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Conagra Brands Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Cole's Quality Foods Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Sara Lee Frozen Bakery LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 T. Marzetti Company
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 The Edwards Baking Company
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
List of Tables
Table 1. Americas Frozen Bakery Products Market Segmentation
Table 2. List of Vendors
Table 3. Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 5. Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 6. Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 7. North America Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 8. United States: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 9. United States: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 10. United States: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 11. Canada: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 12. Canada: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 13. Canada: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 14. Mexico: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 15. Mexico: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 16. Mexico: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 17. South and Central America Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 18. Brazil: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 19. Brazil: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 20. Brazil: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 21. Argentina: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 22. Argentina: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 23. Argentina: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
Table 24. Rest of South and Central America: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 25. Rest of South and Central America: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Category
Table 26. Rest of South and Central America: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million) – by Distribution Channel
List of Figures
Figure 1. Americas Frozen Bakery Products Market Segmentation, by Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem Analysis: Americas Frozen Bakery Products Market
Figure 4. Production Process of Frozen Bakery Products
Figure 5. Americas Frozen Bakery Products Market Impact Analysis of Drivers and Restraints
Figure 6. Americas Frozen Bakery Products Market Revenue (US$ Million), 2021–2031
Figure 7. Americas Frozen Bakery Products Market Share (%) – by Product Type, 2023 and 2031
Figure 8. Breads and Rolls: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Cakes and Pastries: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Biscuits and Cookies: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Others: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Americas Frozen Bakery Products Market Share (%) – by Category, 2023 and 2031
Figure 13. Gluten-Free: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Conventional: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Americas Frozen Bakery Products Market Share (%) – by Distribution Channel, 2023 and 2031
Figure 16. Supermarkets and Hypermarkets: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Convenience Stores: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Online Retail: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Others: Americas Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. North America Frozen Bakery Products Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 21. United States: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Canada: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Mexico: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. South and Central America Frozen Bakery Products Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 25. Brazil: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Argentina: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 27. Rest of South and Central America: Frozen Bakery Products Market – Revenue and Forecast to 2031 (US$ Million)
Figure 28. Heat Map Analysis
Figure 29. Company Positioning & Concentration
- Grupo Bimbo SAB de CV
- Rhodes International Inc
- General Mills Inc
- Pepperidge Farm Inc
- Bridgford Foods Corp
- Conagra Brands Inc
- Cole’s Quality Foods Inc.
- Sara Lee Frozen Bakery LLC
- T. Marzetti Company
- The Edwards Baking Company
- Progressive industry trends in the Americas frozen bakery products market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Americas frozen bakery products market from 2021 to 2031
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for frozen bakery products across Americas
- Market trends and outlook coupled with factors driving and restraining the growth of the Americas frozen bakery products market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the Americas frozen bakery products market growth
- The Americas frozen bakery products market size at various nodes of the market
- Detailed overview and segmentation of the Americas frozen bakery products market as well as its dynamics in the industry
- The Americas frozen bakery products market size in different regions with promising growth opportunities
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