[FURL=https://www.industryarc.com/Research/Frozen-Pizza-Market-Research-504867]Frozen Pizza Market[/FURL] was $2,976.86 m in 2019, growing at a CAGR of 6.50% during the forecast period 2020-2025. Frozen Pizza is half-baked pizza prepared by yeasted flatbread dough with toppings that could be stored for longer time compared to conventional pizzas.Moreover, they can be stored for longer duration than the traditional ones. In addition, numerous benefits are offered by these products such as ease of availability, longer storage duration and reasonable price is driving the market for Frozen Pizza during the forecast period 2020-2025. Key Takeaways
The crust type accounted for the largest market share in 2019 owing to its reduced calories and health benefits they offer as compared to the other stuffed and deep-dish frozen pizzas.
Meat Toppings is one of the fastest growing segments of frozen pizza owing to the availability of huge options when it comes to meat toppings including smoked, grilled and many others.
By Distribution Channel, Retail dominated the frozen pizza market in 2019 owing to the growing health consciousness among consumers and increasing demand of gluten-free products.
North America dominated the Frozen Pizza Market owing to its technological developments along with the rising innovation in product developments like low trans-fat, low fat, whole wheat, multigrain, and low-on-artificial-preservatives products, the frozen food industry is likely to grow in the coming years.
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Geography- Segment Analysis
North America dominated the Frozen Pizza Market with a share of 33.60% in 2019 and is estimated to grow at a CAGR of 6.8% during the forecast period 2020-2025. Technological advancement along with the rising innovation in product developments like low trans-fat, low fat, whole wheat, multigrain, and low-on-artificial-preservatives products, the frozen food industry is likely to grow in the coming years.
Drivers –Frozen Pizza Market
Growing Consumption of Ready to Eat Food and Packaged Food.
Rising Use of Vegan Products.
Frozen Pizza Market Industry Outlook
Product Launches, Merger & Acquisitions, joint ventures, and R&D activities are key strategies adopted by the players in Frozen Pizza Market. Frozen Pizza Market top 10 companies are Amy’s Kitchen Inc., Conagra Brands Inc., Daiya Food Inc., Dr.August Oetker Kg, Freiberger Lebensmittel Gmbh Co, General Mills Inc., Hansen Foods LIc, Nestle S A, Palermo Villa Inc., Schwan’s Shared Services LIc and others.
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