Global Frozen Pizza Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
3 Nov, 2023
The global frozen pizza market is expected to grow from $18.80 billion in 2022 to $19.84 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The frozen pizza market is expected to reach $23.67 billion in 2027 at a CAGR of 4.5%.
Global Frozen Pizza Market Key Driver
The increasing popularity of online shopping is projected to propel the growth of the frozen pizza market in the coming years. Online shopping involves the process of purchasing goods or services over the Internet from online retailers or e-commerce platforms. It enables consumers to buy frozen pizza from the convenience of their homes and have it delivered to their doorstep. Online shopping offers access to a broader range of frozen pizza brands and flavors compared to what may be available in local grocery stores.
Get a sample of the global frozen pizza market reportGlobal Frozen Pizza Market Segments
The global frozen pizza market is segmented:
1) By Product: Regular Frozen Pizza, Premium Frozen Pizza, Gourmet Frozen Pizza
2) By Crust Type: Pan, Thin Crust, Stuffed Crust, Other Crust Types
3) By Topping: Cheese, Meat, Fruits And Vegetables, Other Toppings
4) By Distribution Channels: Hypermarkets, Supermarkets, Convenience Stores, Specialty Stores, Non-Store Based
5) By End-Use: Young Generation Consumers, Old Generation Consumers, Working Class Population
6) By Geography: The regions covered in the frozen pizza market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global frozen pizza market.
Major Frozen Pizza Industry Players
Frozen Pizza Market Overview
Frozen pizza refers to a half-baked pizza made with yeasted flatbread flour and frozen for later use. It is a convenient and readily available option for consumers who want a quick and easy meal at home. This entails preheating an oven to a given temperature and baking the pizza for a specified time.
Frozen Pizza Global Market Report 2023 provides data on the global frozen pizza market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The frozen pizza market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.