Frozen Pastries Market is Expected To Reach US$ 2,861.3 Million by the End of 2024

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P e r s i s t e n c e M a r k e t R e s e a r c h Based on product type, the market is bifurcated into viennoiserie and Danish products. Demand for viennoiserie type pastry products is expected to remain relatively higher than Danish type pastry products throughout the assessment period. In addition, the consumption of frozen pastries of both the types has grown to a significant extent in recent years, with plant and filled croissants products witnessing a considerable rise in demand. Increasing demand for pastries worldwide is driving the frozen pastries market. The plain and filled croissant products are leading with maximum market share and are expected to grow further over the next couple of years. This is primarily attributed to the incessantly high consumption in Europe and their recent growth in popularity in new regional markets. Based on distribution channels, the hypermarket/supermarket segment occupies lion’s share of the market. In 2016, the segment was valued at around US$ 785.9 Million and is expected to increase at over 6% CAGR to reach US$ 1,299.1 Million by 2024-end. The development of in-store bakeries or bakeries within supermarkets/hypermarkets has emerged as a prominent growth factor for the market. Whereas, the artisan bakers is anticipated remain as the second largest segment of the market. The segment is particularly gaining traction in parts of Europe and North America. North America, Latin America and Asia Pacific are anticipated to witness the robust growth of the market between 2016 and 2024. Despite holding a relatively smaller market size, Asia Pacific is expected to gain substantial market share due to increasing demand from countries such as Australia, New Zealand (ANZ) and Japan. Since most of these products originated from several Western European countries, Europe is expected to command for nearly 62.3% revenue share of the market during the forecast period. Likewise, growing popularity of frozen pastry products in developing countries is expected to create a host of new opportunities for leading players in the market. Request to view Table of content @ http://www.persistencemarketresearch.com/marketresearch/frozen-pastries-market/toc Key players operating in the global market for frozen pastries include Gourmand, Delifrance, F.B.F. S.p.A, Wolf ButterBack, Lantmännen Unibake UK Limited, LBP (UK) Ltd, Le Bon Croissant, and La Danoiserie Corp. To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/13606 Global Frozen Pastries Market 2016 - 2024
P e r s i s t e n c e M a r k e t R e s e a r c h For information regarding permissions, contact: Persistence Market Research 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 Email: sales@persistencemarketresearch.com Website: http://www.persistencemarketresearch.com/ media@persistencemarketresearch.com Global Frozen Pastries Market 2016 - 2024
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Frozen Pastries Market is Expected To Reach US$ 2,861.3 Million by the End of 2024

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