The "Frozen Pizza - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Frozen Pizza was estimated at US$20.4 Billion in 2023 and is projected ...
DUBLIN: The "Frozen Pizza - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Frozen Pizza was estimated at US$20.4 Billion in 2023 and is projected to reach US$27.4 Billion by 2030, growing at a CAGR of 4.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The frozen pizza market has been significantly impacted by the rising consumer demand for convenient, ready-to-eat meals. In today's fast-paced world, frozen pizzas offer a quick, affordable, and accessible meal solution, especially for busy professionals, students, and families. As lifestyles continue to evolve, frozen pizza has become an increasingly popular choice, providing the benefit of a home-cooked meal without the time commitment. This convenience factor is driving demand across various demographics, leading manufacturers to offer a wider range of options to cater to different consumer tastes and dietary needs.
What Is Driving the Growth of the Frozen Pizza Market?
The growth in the frozen pizza market is driven by several factors, including the demand for convenience, the introduction of healthier options, and the rise of e-commerce. Consumers seeking easy meal solutions continue to drive demand for frozen pizza, especially given the expansion of options catering to health and dietary preferences.
Premium and gourmet pizzas, with organic and gluten-free options, are attracting health-conscious consumers and those looking for higher-quality options at home. E-commerce channels are further supporting growth, as they allow brands to reach broader audiences and offer convenient delivery options. Together, these factors are propelling the frozen pizza market's expansion as it adapts to changing consumer behaviors and preferences.
Why Are Healthier and Gourmet Options Trending?
With consumers becoming more health-conscious, the frozen pizza market has responded by diversifying its offerings to include healthier and gourmet varieties. There is a rising demand for pizzas made with organic ingredients, gluten-free crusts, and plant-based toppings, catering to consumers with specific dietary requirements and those focused on wellness.
Manufacturers are also exploring artisanal and gourmet options, with flavors inspired by regional and international cuisines. These premium options aim to provide a restaurant-quality experience at home, appealing to consumers who are willing to pay a premium for healthier and more flavorful options.
What Role Does E-commerce Play in Frozen Pizza Sales?
The expansion of e-commerce has opened new distribution channels for frozen pizza, making it easier for consumers to purchase and receive their favorite brands from the comfort of home. The rise of online grocery shopping, accelerated by the pandemic, has prompted manufacturers to optimize packaging and delivery methods to ensure quality and freshness upon arrival.
E-commerce platforms are also providing valuable data on consumer preferences, allowing brands to tailor their offerings based on popular flavors and ingredients. This shift to online purchasing has introduced greater brand visibility and access, enabling smaller brands to compete alongside established ones.
Report Features:
Key Insights:
Key Attributes:
Report Attribute | Details |
No. of Pages | 323 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $20.4 Billion |
Forecasted Market Value (USD) by 2030 | $27.4 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS: Some of the 41 companies featured in this report
For more information about this report visit https://www.researchandmarkets.com/r/xjsdsy
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Fonte: Business Wire
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