Frozen Pizza Market Dynamic Spotlight on Share with Steady Growth of USD 18.67 Billion till 2030
Frozen Pizza Market Overview
The frozen pizza market has been experiencing steady growth, with a CAGR of 11.90 % and USD 18.67 billion from 2023 to 2030. This growth can be attributed to several factors, including busy lifestyles, increasing disposable incomes, and the desire for convenient meal options.
Frozen pizza is raised to the half-baked pizza ready by yeasted flatbread dough, which is typically topped with various types of fruits, vegetables, and meat. Frozen pizza is usually stored at a temperature below freezing to preserve it fresh for later consumption. Frozen pizza has a longer shelf life since it is stored at a low temperature and has preservatives to make it last longer. Over the course of the forecast period, rising consumer preference for convenience meals is anticipated to be a key factor driving the expansion of the frozen pizza market globally.
Key Players
Nestlé S.A. (Switzerland)
McCain Foods Limited (Canada)
Dr. Oetker GmbH (Germany)
Daiya Foods Inc. (Canada)
Palermo Villa Inc. (US)
The Simply Good Foods Company (US)
California Pizza Kitchen Inc. (US)
General Mills Inc.(US)
Hansen Foods LLC(US)
Conagra Brands Inc.(US)
Market Segmentation
By Crush Type:
1. Thin Crust: Customers seeking a lighter choice are fond of thin crust pizzas.
2. Pan: Because of their robust texture and thicker, more substantial crust, pan pizzas are frequently preferred.
3. Stuffed dough: With cheese or other toppings inside the dough, stuffed crust pizzas are a popular among people seeking a little more pleasure.
4. Others: This group comprises unusual crust varieties that appeal to consumers who are health-conscious, like whole grain or cauliflower crusts.
By Type:
1. Gluten-Free: Pizzas without gluten are ideal for customers who are intolerant to gluten or who are on a gluten-free diet for medical purposes.
2. Conventional: There are many alternatives available for conventional pizzas, ranging from the traditional cheese and pepperoni to more unusual flavors and toppings.
By Size:
1. Regular: Individually serving or tiny pizzas are usually of the regular size.
2. Medium: Designed to serve small gatherings or lone diners seeking a heartier dinner, medium-sized pizzas are bigger than standard but still smaller than giant.
3. Large: Offering a hearty and gratifying dinner choice, large-sized pizzas are perfect for larger gatherings or families.
By Distribution:
1. Store-Based Supermarkets & Hypermarkets: With a large selection of brands and types, supermarkets and hypermarkets serve as the main distribution channels for frozen pizzas.
2. Convenience Stores: Frozen pizzas are a useful option for customers searching for quick and simple dinner options at convenience stores.
3. Specialty Stores: Designed to satisfy picky customers seeking superior selections, specialty stores provide a carefully chosen assortment of premium frozen pizzas.
Regional Analysis
Several important regions, including North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, are divided into segments of the frozen pizza market analysis. Because frozen pizza is so popular in the region, North America presently holds the biggest market share and dominates the industry. But throughout the course of the projection period, the Asia Pacific area is anticipated to grow at the fastest rate due to factors like growing urbanization, shifting lifestyles, and a rising demand for Western-style cuisine.
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