The global frozen pizza market is estimated to grow at a CAGR of 6.1% during the forecast period. The increasing shift towards the western diet and expansion of fast-food retail chains are some pivotal factors driving the consumption of frozen pizza. Frozen pizzas have been gaining immense popularity among college students and busy families. Rising urbanization and increasing disposable income are leading to an emerging shift towards frozen pizza. As per the United Nations (UN), in 2018, 55% of the global population lives in urban areas, which is expected to increase to 68% by 2050. The global urban population has increased rapidly from 751 million in 1950 to 4.2 billion in 2018.
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With the increasing urbanization and disposable income, the expansion of food service chains such as McDonald’s, Domino’s Pizza, and Pizza Hut have been witnessed globally. The increasing food service chains are supporting to meet the increasing demand for frozen pizza among the population largely following western diets. As a result, some new launches of new innovative frozen pizza have been reported cater to the needs of millennials and children. For instance, in July 2020, Urban Pie Pizza Co. launched a pizza produced with hemp seeds to the frozen aisle. These hemp-infused crusts are a first in the frozen aisle. Hemp seeds are a potential source of plant-based protein and it contains essential fatty acids such as Omega-3 and Omega-6.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Frozen Pizza Market-Segmentation
By Product
- Regular
- Premium
- Gourmet
By Source
- Retail
- Food Service Chain
Global Frozen Pizza Market– Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East and Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global frozen pizza market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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