India Frozen Bakery Products Market size was valued at USD 1,985.1 million in 2021 and is expected to grow at a 8.21% during the forecast period 2022 to 2028. 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 distribution channel, the India frozen bakery products market is segmented into Caterers & Bakers, Baker’s Shops, Industrial Catering, 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