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Pizza crust is expected to reach nearly $4,500 million in revenue by the end of 2022, with frozen bread being the second largest revenue-generating product.
The global frozen bakery products market is expected to witness sluggish growth, registering 3.1% CAGR between 2017-2022, according to the latest report by Fact.MR, Rockville, Md.
Superior Cake Products, Southbridge, Mass., produces a range of sweet goods, including Éclairs, Madeleines, Brownie Bites, Black and White Cookies and other offerings made under the Superior on Main brand name.
Hostess Brands, Inc., Kansas City, Mo., entered into a definitive agreement to sell its Superior Cake Products, Inc. in-store bakery business to Sara Lee Frozen Bakery, Oakbrook Terrace, Ill., for $65 million in cash.
For the first time in more than 10 years, the marketing and product development teams will work side-by-side with twice the amount of resources dedicated to Sara Lee Frozen Bakery’s brands.
The global frozen bakery products market generated $33.87 billion in 2017, and is expected to reach $49.11 billion by 2025, growing at a CAGR of 4.2% from 2018-2025, according to a report published by Allied Market Research, Portland, Ore.
The frozen Viennoiserie baked goods segment is expected to remain dominant in the global frozen pastries market, accounting for approximately 60% value share, according to a study released by Persistence Market Research, New York.
Local Oven, Carrollton, Texas, makes frozen gluten-free baked goods and wheat-based products, including gluten-free pasta imported directly from Italy.
Local Oven attributes its success to efficient and safe processes, products made under the highest quality standards and strong strategic partners, including Heat and Control, Inc., Hayward, Calif.