Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 499.8787158537478 USD Million |
| 2019 | 430.5676579697555 USD Million |
| 2020 | 450.7910841111962 USD Million |
| 2021 | 462.10352829082984 USD Million |
| 2022 | 473.8537684134042 USD Million |
| 2023 | 486.005739820334 USD Million |
| 2024 | 498.55044822979744 USD Million |
| 2025 | 511.8628111172728 USD Million |
| 2026 | 539.5835305433181 USD Million |
| 2027 | 568.5044407294416 USD Million |
| 2028 | 607.1145446382084 USD Million |
| 2029 | 648.324226518404 USD Million |
| 2030 | 692.3066980348175 USD Million |
| 2031 | 739.246565141673 USD Million |
| 2032 | 789.3405656041816 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The booming frozen bakery market in North America has defied traditional categories in the past decade. This has been mainly driven by heavily diversified customer demand for nutritious and convenient products. In the frozen bakery market, consumers demand healthier and convenient products, while seeking a richer product mix, flavours and textures. This trend is expected to dominate in the future as new generations of health-conscious consumers prioritize food experiences over taste and convenience. The North America frozen bakery market has grown steadily over the past few years, with established manufacturers, such as Bimbo Bakeries USA, J.M. Smucker Co, Flowers Foods, Inc., Nestle S.A., spurring further growth. These players have invested heavily in product innovations to cater to the diverse needs of customers. For instance, Nestle’s range of frozen dough, pizza base, biscuit dough and bakery products have been popular hits. In addition, newer entrants such as Sobroom, Inc., Harvest Rich Inc., spurring the growth of frozen vegan and non-GMO products, are contributing to a growing market share across the North American frozen bakery sector. According to a 2018 report by Technavio, packaged flour mixes for bread, cakes and cookies/biscuits is expected to drive market demand over the next few years.
Maximising shelf-life is a key factor contributing to the popularity of frozen bakery products. Thanks to developments in freezing technologies, manufacturers can deliver a longer shelf-life because the products are frozen when packed. Moreover, in a bid to offer convenience, more frozen bakery manufacturers are offering thaw-and-serve meal options. Further, quick service restaurant outlets and retail stores are increasingly stocking frozen bakery products as they are easy to store, consume and transport. Overall, continued product innovation and diversification, directed towards offering convenient and healthier options by frozen bakery companies, will ensure that this sector remains an attractive option for customers in the long run.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.