The global frozen bakery industry was valued over $32 billion in 2018, and is likely to exceed revenue of $42.4 billion by 2026, according to a study produced by Acumen Research and Consulting, India. The industry also reflects the CAGR of 5.2% during 2018-2026.
The growing foodservice market, including ready-to-bake and ready-to-thaw frozen baked goods, continues to encourage increasing consumer demand for frozen bakery market.
Meanwhile, the rise of specialty frozen baked goods is complemented by the healthy offerings associated with it.
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