The rise in number of high-end bakery shops has created a fast-growing segment catering to consumers demanding best-in-class patisserie goods and varied products from across the world.
The global market for specialty frozen bakery has witnessed continued demand during the last few years, and is projected to reach $3,434 million by 2022 with CAGR of 4.45% in terms of value and is projected to reach 209,530 tons with CAGR of 3.46% in terms of volume, according to a Cooked Research Report, published by Market Research Future, Woburn, Mass.
The rise in number of high-end bakery shops has created a fast-growing segment catering to consumers demanding best-in-class patisserie goods and varied products from across the world. Rest of World is growing at a higher rate followed by North America, due to increasing popularity of frozen sweet baked goods and pizza crust.