LONDON--(BUSINESS WIRE)--The global frozen pizza market size is poised to reach USD 3.16 billion by 2023, according to a new report by Technavio, progressing at a CAGR of over 4% during the forecast period.
Read the 148-page research report with TOC on "Frozen Pizza Market Analysis Report by product (regular frozen pizza, premium frozen pizza, and gourmet frozen pizza), distribution channel (supermarkets and hypermarkets, independent retailers, convenience stores, and others), toppings (non-vegetarian toppings and vegetarian toppings), and geography (APAC, Europe, MEA, North America, and South America) 2019 - 2023" Request Free Sample Pages
The market is driven by new product launches. In addition, increasing packaging innovations is anticipated to further boost the frozen pizza market during the forecast period.
Currently, market vendors are increasingly focusing on new product launches to increase their market share. For instance, Cappello’s launched a new line of gluten and grain-free frozen pizza featuring an almond crust and made from cage-free eggs, cassava flour, and other ingredients. Similarly, Caulipower LLC (Caulipower) launched a low-calorie and gluten-free frozen pizza product with a cauliflower crust which is available in different varieties, including Three Cheese and Margherita. Such product launches will increase the number of available options for consumers and consequently fuel the growth of the global frozen pizza market during the forecast period.
Furthermore, vendors are introducing new packaging to increase the shelf life of their frozen pizza products. New packaging also provides a medium for product advertising. For instance, in October 2018, Spinato’s Pizzeria (Spinato’s) launched new packaging for its frozen pizza products. The new packaging features a green color, and each pizza variety of packaging has its unique, hand drawn tile. The company claims that the new packaging is in line with the company’s vision of 40 years of passionate pizza craftsmanship. Therefore, with such packaging innovations, the market is expected to showcase a positive outlook during the forecast period.
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The report includes detailed profiles of the leading companies & prominent vendors of the market:
- Amy's Kitchen, Inc.
- Bernatello's Foods
- Caulipower LLC
- Dr. August Oetker KG
- General Mills, Inc.
- Nestlé SA
- Newman’s Own Inc.
- One Planet Pizza
- Orkla ASA
- Palermo Villa Inc.
Market Segmentation by Category and Product Types:
The Frozen Pizza Market can be broadly categorized into the following product segments:
- Regular frozen pizza
- Premium frozen pizza
- Gourmet frozen pizza
Key Regions for the Frozen Pizza Market:
Featuring a breakdown of region wise market shares until 2019.
- North America
- South America
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
Market segmentation analysis
- Market definition
Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
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