Global Frozen Pizza Market By Product (Regular, Medium, and Large), By Distribution Channel (HoReCa (Hotel/Restaurant/Cafe), Offline, and Online), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Frozen Pizza Market Overview:

The global frozen pizza market was expected to be worth around USD 32,874.16 million by 2031 from USD 21,786.00 million in 2021, growing at a CAGR of 4.4 % during the forecast period 2021 to 2031.”

The market is driven by the changing lifestyles and food preferences of millennials. These frozen products are convenient and have a longer shelf life. This will drive the frozen pizza market growth in the estimated period. Over the past two decades, pizza has become a popular and iconic dish around the globe. It’s crispy and chewy, with a marinara, cheese, and meat topping. All ages and cultures have loved this. Despite the immense popularity of the dish, the recipe is still quite complicated.

As compared to conventional pizza, frozen pizza can be stored for a longer time. Frozen pizza is also known as half-baked pizza, and it gets prepared with yeasted flatbread dough and Vegetable topping.

Global Frozen Pizza Market Scope:

Product Analysis

The largest product segment was regular frozen pizza, with a market share exceeding 41.2% in 2021. These products are popular among young people, millennials, and the working-age population. Global demand for regular-sized frozen pizza is growing due to the rising number of women in the working class. This trend is expected to continue over the estimated period.

Medium frozen pizza will be the fastest-growing segment, with a 4.8% CAGR from 2023 to 2032. The product is seeing new opportunities in the global market due to the rising trend of house parties among college graduates, young people, and the working class. It’s also very popular in the retail food service sector. The global frozen pizza market is seeing growing consumer demand for convenience foods and medium-sized products due to the increasing popularity of pubs worldwide.

The market for frozen pizza is driven by a growing awareness of health and specific nutrients. Changing lifestyles and increased health concerns regarding nutrition and health benefits, including low trans-fat, low fat, whole wheat, multigrain, reduced calories, and low-on-artificial-preservatives offerings, will support sales in the long term. Furthermore, the widespread popularity of cakes and pizzas at affordable prices to rise in the country due to technological advancements in low-cost production.

Distribution Channel Analysis

HoReCa (Hotel/Restaurant/Cafe) was the segment in the distribution channel with the largest market share of more than 52.3% in 2021 and is anticipated to maintain dominance over the forecast period. The increasing dependence of younger people on fast food restaurants is driving the rise in QSR (Quick Restaurant Services). Toast Inc. reports that 76.4% of millennials would rather spend their money dining at restaurants. These consumer trends will drive segment growth by increasing demand for frozen pizza at restaurants and hotels.

Since the outbreak of the COVID-19 pandemic, online sales of frozen products have been on the rise. Countries around the globe have implemented a lockdown that restricts people from leaving their homes, even to shop for goods. These conditions have accelerated the demand for frozen products via an online sales channel. All major supermarket and hypermarket players are now embracing e-commerce. The increasing use of smartphones and the internet is a major benefit to e-commerce. These e-commerce shopping sites offer maximum customer engagement and allow for increased online shopping from customers around the world.

Кеу Маrkеt Ѕеgmеntѕ:

By Product Type

• Regular
• Medium
• Large

By Distribution Channel

• HoReCa
• Offline
• Online

Market Dynamics:

Getting the dough and maintaining the oven at the right temperature can be difficult. Enjoying exquisite Italian cuisine at a fine dining restaurant can also be costly. These key factors have combined to create a huge market for frozen pizzas. Frozen pizzas are quick and easy food that can be made quickly for small gatherings. These products can be made in less than 20 minutes and are rich in carbohydrates, protein, fats, calcium, and vitamins. Frozen pizzas can be enjoyed with salads or fizz drinks, making them ideal for small gatherings. Pizza mixes cheese, sauce, vegetables, fruits, meat, and other flavors. They are also very affordable, making them a popular choice for students and bachelors.

Frozen pizza has been a popular choice due to its flexibility and ability to be customized to suit one’s taste. People who prefer crispy crust can heat the pizza in large skillets. These pizzas can also be heated in an oven, toaster, or on a grill to make them suitable for all tastes. Pizza has also become a popular way for parents to provide healthy food options for their children. Easy feeding and light meals are two benefits of pizza for kids.

Regional Analysis:

North America was the largest frozen pizza market, with a market share exceeding 38.8% in 2021. Canada and the United States are the biggest consumers of frozen pizzas due to their longer shelf lives and popularity. Alto-Hartley Inc., American kitchen equipment and installation company, estimates that more than 3000 million pizzas were sold in the United States in 2018. These key trends drive the consumer demand for the product in the regional market.

Asia Pacific will see the fastest CAGR at 4.8% between 2023 and 2032. The frozen pizza market is expected to experience a significant market growth rate due to the rising popularity of pizzas across developing countries such as Bangladesh, the Philippines, India, China, and Saudi Arabia.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The market is fragmented, with a wide range of international and domestic players. Major players hold substantial market shares in North America, Europe, and parts of Asia. Major players in the market offer a variety of gluten-free pizzas due to the rising demand for convenience food products. Consumers also prefer pizzas with vegetable topping as the main, providing a lot of nutrition.

The major companies in the frozen pizza market are Nestle S.A., Hansen Foods Inc., One Planet Pizza, Alto-Hartley, Inc., Oetker GmbH, Freiberger Lebensmittel Gmbh Co, Palermo Villa, Conagra Brands Inc., Kitchen Inc., Bellisio Foods Inc., Newman’s Own Inc., Amy’s Kitchen Inc., Daiya Food Inc., Lebensmittel Gmbh Co, Nestle SA, Hansen Foods, Inc., Hansen Foods LLC(US), McCain Foods Limited and others.

These are the key trends driving the market. The market leader in frozen pizza is:

Маrkеt Кеу Рlауеrѕ:

• Bellisio Foods Inc.
• Nestle S.A.
• Hansen Foods Inc.
• One Planet Pizza
• Alto-Hartley, Inc.
• Freiberger Lebensmittel GmbH &
• Conagra Brands, Inc.
• McCain Foods Ltd.
• Newman’s Own Inc.
• Atkins Nutritionals
• Palermo Villa Inc.
• Amy’s Kitchen Inc.
• McCain Foods Limited
• Freiberger Lebensmittel Gmbh Co
• Daiya Foods Inc.
• California Pizza Kitchen Inc.
• Oetker GmbH
• Other Key Players

For the Frozen pizza market research study, the following years have been considered to estimate the market size: