Frozen pizza is a half-baked pizza made with yeasted flatbread dough and topped with tomato sauce, various types of cheese, meats including chicken, ham, and vegetables, as well as fruits including capsicum and pineapple. Frozen pizza is often frozen at a temperature below 0 degrees to preserve it for later consumption. Frozen pizza has a longer shelf life due to the low temperature and preservatives added to extend the shelf life.
MARKET SCOPE
The "Global Frozen Pizza Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the frozen pizza market with detailed market segmentation by crust type, toppings, end user, and geography. The report provides key statistics on the market status of the leading frozen pizza market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on crust type, the global frozen pizza market is segmented into thin, pan, stuffed crust, and others.
- Based on toppings, the global frozen pizza market is segmented into fruits and vegetables, meat, and cheese.
- On the basis of end user, the market is segmented into foodservice and foodretail.
MARKET DYNAMICS
Drivers
- Growing demand for convenience food is significantly driving the market growth.
- The changing lifestyle and changing food preference among millennials, the young generation, and the working-class population is significantly contributing to the expansion of the frozen pizza market.
- The frozen pizza market is driven by growth in R&D activities by various frozen pizza manufacturers for advancement in freezing technology and increase in establishment of multiple fast food outlets in emerging economies.
- The wide range of toppings associated with frozen pizza is driving consumers towards frozen pizza is propelling the demand of frozen pizza in the market.
Restraints
- Poor freezing facilities in semi-urban and rural areas may impede the growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The frozen pizza market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the frozen pizza market in these regions.
IMPACT OF COVID-19 ON FROZEN PIZZA MARKET
Various governments throughout the world have instituted tight lockdown and social isolation measures. Market closures decreased eating out habits, and a drop in demand for various food and beverages have all contributed to the market's decline. The food services sector, as well as other food industries such as the bakery sector, beverage servings, and dairy, are seeing a significant reduction in revenue generation. Since January 2020, the food services sector and other food industries such as bakery, beverage servings, and dairy have seen a significant decrease in revenue generation, resulting in lower sales of frozen pizza.
MARKET PLAYERS
The report covers key developments in the frozen pizza market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from frozen pizza market are anticipated to lucrative growth opportunities in the future with the rising demand for frozen pizza in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the frozen pizza market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amy's Kitchen, Inc.
- Conagra Brands, Inc.
- Daiya Foods Inc.
- Dr. Oetker
- Freiberger Lebensmittel GmbH and Co.
- General Mills, Inc
- McCain Foods Ltd.
- California Pizza Kitchen, Inc.
- Atkins Nutritionals, Inc.
- Connie's Pizza
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.