Vantage Market Research
Jul 12, 2023
In terms of revenue, the Global Frozen Pizza Market is expected to reach by 2030, growing at a CAGR of 5.5% from 2023 to 2030.
The Frozen Pizza market has grown dramatically and gained popularity due to factors including convenience, growing interest in ready-to-eat foods, product variety, improved quality, and price. However, the market is also restricted by a variety of problems, including perceptions of lower quality, competition from fresh and delivery pizzas, a lack of customization options, health risks, storage issues, price restrictions, and seasonal variations in demand. If manufacturers wish to continue growing and overcoming these challenges, they must focus on altering consumer perceptions, offering healthier alternatives, adapting to a variety of preferences, enhancing packaging sustainability, and continually inventing to meet fluctuating consumer tastes.
By recognizing and resolving these issues, Frozen Pizza sales can increase and continue to provide consumers with quick and satisfying supper options.
Brands of Frozen Pizza with a global presence have helped the market grow. Frozen Pizza can now cross international borders to consumers in many regions of the world because of the expansion of e-commerce and trade. Pizza's rising recognition as a delectable cuisine enjoyed by all has contributed to the globalization of food culture and the market's expansion. As a result, businesses that sell Frozen Pizza are developing their distribution networks, entering new areas, and profiting from the rising demand.
Key Highlights from the Report
- Based on crust type, Regular thin-crust pizzas are preferred by a sizable majority of consumers due to their adaptability and balanced ratio of dough to toppings. Regular thin-crust pizzas have gained popularity due to their wide appeal and capacity to accommodate a variety of topping options.
- Based on toppings, Vegetable toppings will dominate the market during Forecast Period. The market for vegetable toppings is expanding quickly due to their distinct flavor and taste, as well as their lower fat level when compared to other toppings. The demand for various vegetable toppings is also being boosted by consumers' growing propensity to try out novel and distinctive topping options.
- Based on the Distribution channel, The HoReCa (Hotel, Restaurants & Catering) distribution channel leads and dominates the Frozen Pizza business. This can be attributable to the extensive availability of Frozen Pizzas in lodging facilities, dining venues, and catering businesses that serve a sizable clientele.
- Based on size, Regular-sized pizzas are expected to dominate the market because of their adaptability and suitability for consumption by one person or small groups. Regular-size pizzas are preferred by a variety of customers because they strike a balance between convenience and amount quantity.
- In terms of region, North America held the most significant market share in 2022 and is expected to be the most gainful market during the forecast period. This is due to factors including busy lifestyles, convenience, and a need for quick and easy dinner options, Frozen Pizzas are immensely popular among North America consumers.
Market Dynamics
There is a growing trend for gourmet Frozen Pizza options among consumers. Premium ingredients, distinctive flavor pairings, and handcrafted crusts are becoming increasingly popular. In response, producers have released luxury Frozen Pizza that are designed to satisfy consumers with refined preferences.
There is a rising trend in the Frozen Pizza market for healthier Frozen Pizza substitutes as health consciousness rises. Alternatives with whole grain crusts, organic ingredients, and low sodium and fat content are what consumers are looking for. In addition, the rise in popularity of plant-based diets has prompted the development of Frozen Pizza with animal alternatives, plant-based cheese, and vegetable toppings.
The rise of the frozen food retail market is mostly driving the growth of Frozen Pizza market. Around the world, there are more supermarkets, hypermarkets, and specialized shops, which indicates that the organized retail sector is growing significantly. As more retail businesses carry frozen items, including Frozen Pizzas, consumers have easier access to them. Therefore, makers and suppliers of Frozen Pizza may experience a rise in sales and revenue as a result of such retail developments.
North America Frozen Pizza market is expected to witness a noteworthy development with a significant growth rate over the analysis period. This can be attributed to the availability for strong preference for Frozen Pizza market, this is due to factors including busy lifestyles, convenience, and a need for quick and easy dinner options, Frozen Pizzas are immensely popular among North America consumers. Modern life is fast-paced, and Frozen Pizzas' convenience factor makes them a sensible option for families and busy individuals.
The Global Frozen Pizza Market is Segmented as follows
- Size
- Regular
- Medium
- Large
- Distribution Channel
- HoReCa (Hotel, Restaurants, & Catering)
- Offline Sales
- Online Sales
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Crust Type
- Regular Thin Crust
- Extra Thin
- Crust Deep-Dish
- Others
- Topping
- Meat Topping
- Vegetable Topping
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
List of the Key Players of the Global Frozen Pizza Market is
Bellisio Foods Inc. (U.S.), Hansen Foods Inc. (U.S.), Nestle SA (Switzerland), One Planet Pizza (UK), Daiya Foods Inc. (Canada), McCain Foods Ltd. (Canada), Oetker GmbH (Germany), California Pizza Kitchen Inc. (U.S.), Atkins Nutritionals Inc. (U.S.), Freiberger Lebensmittel Gmbh Co. (Germany)
The Global Frozen Pizza Market Scope can be Tabulated below
Parameter | Details |
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Market Size Provided for Years | 2017 - 2030 |
Base Year | 2022 |
Historic Years | 2017 - 2021 |
Forecast Years | 2023 - 2030 |
Segments Covered |
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Regions & Counties Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |