Frozen dough market projected to reach $41.9 billion by 2032, driven by demand from food service sector.

From GlobeNewswire: 2024-10-21 06:00:00

The frozen dough market is projected to reach a valuation of USD 41.9 billion by 2032. Ready-to-bake dough, including bread, pizza, pastry, and cookie dough, caters to busy consumers seeking convenient meal options. The food service sector’s demand for high-quality, consistent frozen dough solutions further boosts market growth.

Demand for frozen dough in the food service industry is set to grow at a CAGR of approximately 6%, reaching a market size of USD 14.2 billion by 2032. Restaurants, hotels, and catering businesses benefit from the convenience and product quality frozen dough offers, with global expansion in the food service sector driving further demand.

The frozen bread dough segment is expected to reach USD 13.4 billion by 2032, growing at a CAGR of over 5.6%. Vital for households and food service establishments, frozen bread dough offers hassle-free, freshly baked bread options, catering to consumer interest in specialty varieties such as whole grain, gluten-free, and organic options.

In North America, the frozen dough market is expected to reach around USD 13.4 billion by 2032, growing at a CAGR of 5.6%. Driven by consumer preference for convenience and a robust food service sector, the popularity of frozen pizza and baked goods supports market growth, despite challenges like rising energy costs and competition from fresh products.



Read more at GlobeNewswire: Frozen Dough Market to cross $41.9 Bn by 2032, Says Global