Global Frozen Pizza Market to Register a CAGR of 2.84% Between 2019 and 2025, Predicts QY Research

Author: QYResearch  |   Published Date: 2019-07-15   |   Views: 158

QY Research has recently published a new report, titled “Global Frozen Pizza Market Research Report 2019,” for the forecast period of 2019-2025.  The report is based on the analysis and evaluation of the data gathered from various sources. The report has been collated using secondary and primary research methodologies to provide a holistic view of the market. It also provides a comprehensive analysis of the quantitative and qualitative aspects by various industry trends to offer an in-depth insight into the market and industry performance. 

According to the report, the global frozen pizza market is predicted to touch a valuation of US$10.96 bn by 2025 from US$9.02 bn in 2018. The market will register a CAGR of 2.84% throughout the anticipated period. 

Global Frozen Pizza Market: Drivers 

The growing consumption of frozen pizza across the globe due to key manufacturers constantly introducing new flavors is expected to augment the demand. In recent years, introduction of vegan frozen pizza has been gaining traction due to the focus of the consumer towards a vegan diet. Widening availability of frozen food pizza varieties are boosting the demand as they are a convenient option as compared to a conventional pizza. 

In addition, factors such as increasing per capita income, growing working population, a rapid increase in the number of a large retail chain, and changing lifestyle is propelling the demand for instant and convenient food products, which, in turn is driving the market. Moreover, frozen pizza has a longer shelf life, which is another factor that boosting the demand.

Global Frozen Pizza Market: Forecast by Regions

On the basis of region, North America is expected to dominate the market for frozen pizza due to the presence of numerous players in this region. Growing focus of players toward investing more on the research and development activities is projected to bode well for the regional market. Asia Pacific is also expected to witness significant growth in the frozen pizza market due to the shifting of customer towards fast and convenient food options in this region. 

Global Frozen Pizza Market: Segment Analysis

The global market for frozen pizza is segmented into application and product type. The application segment includes food service, large retail, convenience & independent retail, and others. The product type segment consists of size>16inch, size≤10inch, and 10inch<size≤16inch. 

Global Frozen Pizza Market: Leading Players

Ottogi, Nestlé SA, Sanquan Foods, Dr. Oetker, CXC Food, Schwan, Maruha nichiro, Südzucker Group, Origus, General Mills, Ditsch, Conagra, Bernatello's, Palermo Villa, Amy's Kitchen, Inc, Casa Tarradellas, Roncadin, Orkla, Little Lady Foods, Goodfella's Pizza, and Italpizza are some of the leading players operating in the market.

Global Frozen Pizza Market: Competitive Landscape

Amy’s Kitchen Inc. is the leader in the organic food industry. It launched its new addition of Barbecue pizza in May 2017. This company provides the total product offering in the pizza line with the availability of gluten-free products, vegan options, and dairy-free products. Players are adopting the new product launch strategies to attract new customers and maintain their position in a competitive market. 

Full Report Overview@ https://www.qyresearch.com/index/detail/1214036/global-frozen-pizza-market

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