Latest News:- Frozen Pizza Market: Regular frozen pizza is expected to lead the Product segment during 2024-2028

Frozen Pizza Market to grow at a CAGR of 4.96% during 2024-2028

The Frozen Pizza Market is expected to grow at a CAGR of 4.96% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 5961.8 million. In today's health-conscious market, consumers are increasingly favoring plant-based food products due to their potential health benefits and food safety concerns related to animal-based alternatives. The vegan diet, which excludes all animal-derived ingredients, is gaining significant traction among health-conscious individuals. This dietary preference offers numerous advantages, including a reduced risk of cardiovascular disease and metabolic disorders. Furthermore, plant-based diets are rich in essential nutrients such as folate, magnesium, potassium, vitamin A, vitamin C, and vitamin E. As a result, the demand for vegan frozen pizza is on the rise, prompting market vendors to introduce innovative and delicious plant-based frozen pizza options to cater to this growing consumer base. 

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The Regular frozen pizza subsegment is expected to dominate the Product segment during the forecast period 

Technavio analysts predict that the Regular frozen pizza subsegment will lead the Product segment during 2024 and 2028 In the frozen pizza market, regular frozen pizzas represent a significant product segment. These pizzas consist of a standard pizza crust, tomato sauce, and cheese as their primary components. Compared to premium and gourmet frozen pizzas, regular frozen pizzas lack customization options and feature a less soft crust. The pricing strategy for regular frozen pizzas is lower due to their simpler ingredient profile. Toppings for regular frozen pizzas typically include tomato sauce, with no premium options such as figs or beef jerky. This product caters to budget-conscious consumers and is widely available from various vendors, including Nestle, which sells it under the TOMBSTONE and Jack's brands.

Here are the various ways based on which the market is segmented: 

• Product
  • Regular frozen pizza
  • Premium frozen pizza
  • Gourmet frozen pizza
• Type
  • Non-vegetarian toppings
  • Vegetarian toppings
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa

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• Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
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There are several factors that are causing the market to flourish new product launches

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

The frozen pizza market is a popular segment in the food industry, offering convenient and delicious meal options for consumers. This Italian dish, made with leavened wheat-based dough, cheese, and various toppings like Meat, Olives, Onions, Mushrooms, Anchovies, Tomatoes, and more, has gained widespread appeal due to its versatility and affordability. Large retail chains dominate the market, offering a range of options from regular thin crust to deep-dish, stuffed crust, and rise crust. Premium food products, such as gluten-free frozen pizza, cater to health-conscious consumers. However, the nutritional content, including sodium levels, is a concern for some. Seasonal fluctuations and temperature fluctuations during transportation and extended storage periods require careful cold chain logistics and proper use of Freezers to maintain quality. Toppings like Sodium-rich Meat and Anchovies, as well as Cheese, can affect the overall nutritional value. Despite these challenges, the frozen pizza market continues to thrive, offering consumers a convenient and tasty meal solution.

Market Research Overview

The global packaged foods and meats market encompasses food processing vendors that specialize in eliminating microorganisms and extending shelf life through processing techniques. According to Technavio, the market's size is determined by the consolidated revenue of the participating vendors, excluding those producing food processing equipment. This market segment does not cover manufacturers of packaged alcoholic and non-alcoholic beverages, including mineral waters. Key growth drivers for the global packaged foods and meats market include the health benefits associated with minimally processed foods, such as vegetables, which are rich sources of essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.

The Frozen Pizza Market is experiencing significant growth, fueled by the new product launches. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
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