Frozen Pizza Market Size and Forecast 2021-2026
According to the latest report by IMARC Group, titled “Frozen Pizza Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global frozen pizza market size reached US$ 14.5 Billion in 2020. Frozen pizzas are prepared using yeasted flatbread dough and topped with chicken, ham, cheese, sauces and vegetables. They are flash-frozen upon preparation to retain their nutritional value and overall taste. As they are convenient, economical, and have a longer shelf life compared to freshly baked pizzas, their demand is escalating around the world.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Frozen Pizza Market Trends:
Sedentary lifestyles due to hectic work schedules have positively influenced the demand for easy-to-cook and ready-to-eat (RTE) meal options. This represents one of the key factors supporting the growth of the market. Apart from this, various manufacturers are introducing gluten and dairy-free frozen pizza variants. They are also utilizing innovative toppings, vegan-friendly and organic ingredients, which is creating a favorable market outlook. Furthermore, the increasing number of retail outlets and Quick Service Restaurants (QSRs) are catalyzing the product demand. Some of the other major factors, including rapid urbanization, growing health consciousness among individuals, and rising utilization of advanced technologies for the production, storage and supply of the products, are anticipated to drive the market. Looking forward, IMARC Group expects the market to expand at a CAGR of 6.8% during the forecast period (2021-2026).
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Amy’s Kitchen Inc.
- Atkins Nutritionals Holdings Inc.
- Conagra Brands Inc.
- Daiya Foods Inc.
- Oetker GmbH
- Freiberger Lebensmittel GmbH & Co.
- General Mills Inc.
- McCain Foods Limited
- Nestlé S.A.
- Newman’s Own Inc.
- The Kraft Heinz Company
Frozen Pizza Market Segmentation:
Our report has categorized the market based on region, crust type, size, product type, topping and distribution.
Market Breakup by Crust Type:
- Thin Crust
- Thick Crust
- Stuffed Crust
- Others
Market Breakup by Size:
- Small
- Medium
- Large
Market Breakup by Product Type:
- Regular Frozen Pizza
- Premium Frozen Pizza
- Gourmet Frozen Pizza
Market Breakup by Topping:
- Cheese
- Meat
- Fruits and Vegetables
- Others
Market Breakup by Distribution:
- Food Chain Services
- Modern Trade
- Departmental Stores
- Online Stores
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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