Market Forecast By Product Types (Frozen Breads & Buns, Frozen Savory Bakery Items, Frozen Cakes & Pastry Items, Frozen Doughnuts & Cookies & Others (Waffles, Bagels, Etc.)), By End Users (Retail Customers, Foodservice Industry), By Distribution Channels (Online, Offline), And Competitive Landscape
Product Code: ETC150343 | Publication Date: Jan 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 6 |
Australia Frozen Bakery and Confectionary Items Market are likely to grow over the coming years. Australia Frozen Bakery and Confectionary Items Market report is a part of our periodical regional publication Asia Pacific Frozen Bakery & Confectionery Items Market Outlook report. 6W tracks the Frozen Bakery & Confectionery Items market for over 60 countries with individual country-wise market opportunity assessment and publishes the market with the report titled Global Frozen Bakery & Confectionery Items Market Outlook report annually.
Australia Frozen Bakery and Confectionary Items Market report thoroughly covers the market by product types, end users, and distribution channels. Australia Frozen Bakery and Confectionary Items market report provides an unbiased and detailed analysis of the on-going Australia Frozen Bakery and Confectionary Items market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to device and align market strategies according to the current and future market dynamics.
The frozen ready-to-eat meals have gained huge traction in Australia in the past years on account of factors such as increasing awareness about the importance of nutrition. Also, the hectic lifestyle of the Australian’s has resulted in the higher adoption of ready to eat and convenient food products such as frozen food and bakery items. Additionally, In the past few months, the outbreak of the COVID-19 pandemic has led to the huge stockpiling of less perishable refrigerated food products resulting in a short-term spike in the demand for frozen bakery items. Whereas, the temporary shutdown of hotels, restaurants, and cafes in the country to contain the spread of the coronavirus pandemic adversely affected the demand for the frozen bakery in the foodservice industry. However, the impact is expected to be short-lived and the demand would rebound once the lockdown is revoked.
According to 6Wresearch, Australia Frozen Bakery and Confectionary Items Market size is expected to grow at a CAGR of 5.4% during 2020-2026. A significant increase in over-the-counter and retail bakeries has been observed within the Australian market during the past few years. Also, taste consistency, changing consumer behaviors, fluctuating seasonal demand, and convenience factor of the frozen bakery are the major reasons for the growth of frozen bakery and confectionery items in the country.
By product types, frozen savory bakery items such as pizza and toast hold the largest share in the overall frozen bakery & confectionery items market in terms of revenue on the back of the high demand from the young population in the country. Moreover, factor such as increased disposable income, rise in the standards of living, and rapid increase in the number of large retail chains would lead to higher growth of the frozen savory bakery items in the Australian market.
By End Users, the foodservice industry segment has the maximum revenue share in the Australia frozen bakery & confectionery items due to an increase in the number of “eating away from home” facilities and growing consumer interest in specialty niche products in the Australian market. Moreover, factors such as changing lifestyle increased import and export activity in food & beverages sector, and evolving food consumption trends are contributing to the growth of the foodservice industry in the country.
The report covers a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Methodology Adopted & Key Data Points |
2.5. Assumptions |
3. Australia Frozen Bakery & Confectionery Items Market Overview |
3.1.Australia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F |
3.2.AustraliaFrozen Bakery & Confectionery Items Market Revenue Share, By Countries, 2019 & 2026F |
3.3. Australia Frozen Bakery & Confectionery Items Market-Industry Life Cycle |
3.4. Australia Frozen Bakery & Confectionery Items Market-Porter’s Five Forces |
4. Australia Frozen Bakery & Confectionery Items Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Australia Frozen Bakery & Confectionery Items Market Trends & Evolution |
6. Australia Frozen Bakery & Confectionery Items Market Overview |
6.1. Australia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F |
6.2. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F |
6.2.1. Australia Frozen Breads & Buns Market Revenues, 2016-2026F |
6.2.2. Australia Frozen Savory Bakery Items Market Revenues, 2016-2026F |
6.2.3. Australia Frozen Cakes & Pastry Items Market Revenues, 2016-2026F |
6.2.4. Australia Frozen Doughnuts & Cookies Market Revenues, 2016-2026F |
6.2.5. Australia Other Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F |
6.3. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F |
6.3.1. Australia Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F |
6.3.2 Australia Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F |
6.4. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F |
6.4.1. Australia Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F |
6.4.2. Australia Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F |
6.5. Australia Frozen Bakery & Confectionery Items Market - Key Performance Indicators |
6.6. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment |
6.6.1. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F |
6.6.2. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F |
7. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment |
8. Australia Frozen Bakery & Confectionery Items Market Competitive Landscape |
8.1. Australia Frozen Bakery & Confectionery Items Market Company Revenue Share, By Company |
8.2. Australia Frozen Bakery & Confectionery Items Market Competitive Benchmarking, By Technical Parameters |
8.3. Australia Frozen Bakery & Confectionery Items Market Competitive Benchmarking, By Operating Parameters |
9. Company Profiles |
9.1. General Mills, Inc. |
9.2. Ajinomoto Co., Inc. |
9.3. Aryzta AG |
9.4. Kellogg Company |
10. Key Strategic Recommendations |
11. Disclaimer |