The Global Frozen Pizza Market is valued at USD 17.56 Billion in 2021, and it is anticipated to attain a value of USD 30.29 Billion by 2028, at a CAGR of 8.10 % over the forecast period (2022 - 2028).
Pizza has gained massive popularity as classical dish across the world during the last couple of decades. Pizza is one of the popular foods among millennials, the young generation, and the working-class population because of its taste, flavor, and affordability. The changing lifestyle and food habits among the population is the key growth factor for the market. Apart from taste, these frozen products offer convenience and longer shelf life, which, in turn, is expected to fuel frozen pizza market growth over the forecast period.
Top Players Company Profiles
- Freiberger Lebensmittel GmbH (Germany)
- General Mills, Inc. (US)
- Hansen Foods, LLC (US)
- Nestle S.A. (Switzerland)
- Palermo Villa, Inc. (US)
- Amy's Kitchen, Inc. (US)
- ConAgra Brands, Inc. (US)
- Daiya Foods Inc. (Canada)
- Dr. August Oetker KG(Germany)
- Schwan's Shared Services, LLC. (US)
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Global Frozen Pizza Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, The increasing trend of house parties among working-class people, college grads, and the young generation are opening new scope for the product in the global market. In product type, regular frozen pizza is dominating the market share of more than 35.0% in 2021 and continues to dominate over the forecast period.North America is the dominating market of frozen pizza and more than 35% in the year 2021. Population and consumption-wise The United States and Canada are the largest consumers of frozen products. Increased R&D to attract consumers and adapt their behavior to the development of freezer technology, the taste and rise of various fast-food stores for rising economies are predicted to offer market players profitable prospects.
- In May 2022. General Mills has announced the acquisition of TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. Peak Rock Capital currently has TNT Crust in its portfolio.
- In March 2022, the frozen food delivery company Schwan's Home Delivery has changed its name to Yelloh.
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