(Food-Beverage-News.Com, January 17, 2018 ) According to the report Middle East and Africa Frozen Bakery Products Market, published by Market Data Forecast, The market has been estimated at USD 549.0 million in 2016 and is projected to reach USD 893.9 million by 2022, at a CAGR of 8.54% during the forecast period from 2017 to 2022.
Deep frozen bakery foods are products that are stored at subzero temperatures, in order to preserve the quality and shelf life. The ready-to-make foods that fall under this category are getting a great popularity in the recent times.
The factors that are driving the market for frozen bakery products in Middle-East and Africa region are busy life schedule which is influencing consumers to shift their dietary preferences towards ready-to-eat food products, along with rapidly increasing number of large retail chains. But, the market is constrained due to lack of proper refrigeration facility in retail stores and inadequate distribution facility in semi-urban and rural areas.
Middle East and Africa Frozen Bakery Products Market: Segmentation By Type Frozen Bread Frozen Pizza Crust Frozen Cake & Pastry Other Frozen Bakery Product By Distribution Channel Artisan Baker Retail Catering Others
Geographically, Middle East and Africa market for Frozen Bakery Products is segmented into Middle-East region and Africa region. Middle-East and Africa market is proceeding with high CAGR. Economic development, increasing population, increasing demand for convenience food products and government initiative to safeguard the food supply are creating wide range of opportunities in the region.
Associated British Foods plc, ARYZTA AG, LantmannenUnibake International, EUROPASTRY, SA, General Mills, Inc., and Kellogg Company , Premier Foods Plc, Vandemoortele NV, ConAgra Foods, Inc. and Grupo Bimbo S.A.B. de C.V. are the major players of Middle-East and Africa Frozen Bakery Products market.
Reasons to buy Middle East and Africa Frozen Bakery Products Market Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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