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Description
Global frozen bakery products market was valued around US$ 15,500 Mn in 2020 and poised to grow around 8.2% CAGR over 2021-2027. Freezing helps in the preservation of food from the time of its preparation to a time of its consumption. Frozen bakery products don’t require any extra preservatives as there is no chance for the microorganisms at below -9.5ºc. CMC (Carboxymethylcellulose) is added as a stabilizer in bakery products because it will not alter the taste of the food but it enhances the volume, texture and yield of the bakery products. Bread and rolls, cakes and pastries, and cookies and biscuits are a few frozen baked Products. Wheat, rice, and barley are the most common sources of these baked Products. Frozen baked Products are becoming an increasingly important component of people’s everyday diets. This Market has been gaining traction due to drastic changes in the lifestyle of the consumers and rise in demand for the processed food. Furthermore, longer storage of frozen products, considerable prices, convenience and ease in consumption enables attract the people towards frozen bakery products. In addition, growing trend of quick service restaurants, rising demand for low-fat products are expected to foster the frozen bakery products market share. However, stringent regulations, lack of facilities of refrigeration, insufficiency of distribution channels in rural and semi-urban areas, inclination towards freshly baked products are major roadblocks for the growth of frozen bakery products market. The COVID-19 epidemic has had a variety of effects on many businesses. The implementation of a lockdown in the midst of the epidemic is limiting the supply chain of frozen bakery items.
