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India Frozen Bakery Products Market: By Product Type, By Distribution Channel and Country
India Frozen Bakery Products Market: By Product Type, By Distribution Channel and Country
India Frozen Bakery Products Market size was valued at US$ 1,985.1 million in 2022 and is poised to grow at a CAGR of 8.21% from 2023-2029 . The global market provides a detailed overview of the market, and that can be segmented by type, by product type and by Distribution Channel. By type, the India frozen bakery products market has been segmented into Frigid Bread, Freezing pastries, Frigid Cake, Cold Pizza Crust, Others. The freezing pastries segment is likely to be the largest and fastest-growing segment in terms of type. Based on product type, the market is segmented into Buns, Donuts, Rolls, and Others. Among these, the donuts segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on the distribution channel, the Indian frozen bakery products market is segmented into Caterers and bakers, Baker's Shops, Industrial Catering, and Retailers. The caterers & bakers segment accounts for the largest share in 2021. Baker's Shops segment is the second-largest share during the forecast period 2022-2028.
In Feb 2021, Modern Food Enterprises Private Ltd. was acquired by Grupo Bimbo SAB de CV from Everstone Capital
The popularity of convenience food products among consumers indirectly boosts the demand for frozen bakery products because they involve less time is burgeoning the market growth over the forecast years.
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Market Size in 2022 |
US$ 1,985.1 million |
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The India frozen bakery products market size is valued at US$ 1,985.1 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028.
Lack of assistance for transportation infrastructure in the country.
Rise in preference for conventional, freshly baked products is major restraint of the market.
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.