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Global Frozen Pizza Market Size, Industry Trends, Share and Forecast 2020-2026

The global frozen pizza market is estimated to grow at a CAGR of 6.1% during the forecast period. There is increasing urbanization across the globe, which is leading to the adoption of the western diet and lifestyle.

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Global Frozen Pizza Market Size, Industry Trends, Share and Forecast 2020-2026

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  1. The global frozen pizza market is estimated to grow at a CAGR of 6.1% during the forecast period. There is increasing urbanization across the globe, which is leading to the adoption of the western diet and lifestyle. As per the United Nations (UN), 55% of the global population resides in urban areas, which is expected to reach 68% by 2050. Asia consists of 54% of the global urban population, which is followed by Europe and Africa with 13% each. With the growing urbanization, disposable income has also witnessed a significant rise over the years. For instance, as per the World Bank, GDP per capita increased from $11,375 in 2018 to $11,428 in 2019. China’s GDP per capita increased from $9,977 in 2018 to $10,262 in 2019. Get Free Sample Copy @ https://www.omrglobal.com/request-sample/frozen-pizza-market India’s GDP per capita increased from $2,006 in 2018 to $2,104 in 2019. The increasing urbanization and per capita income are some major indicators of the emerging shift towards western food products, which results in the increasing consumption of frozen pizzas. As a result, food service chains are expanding their retail chains to effectively service customers’ requirements. For instance, in September 2020, Despite the coronavirus crisis, Pizza Hut declared that it will constantly focus on increase its presence in India, primarily in the Tier-I cities. This, in turn, will further accelerate the consumption of frozen pizzas in the country. Browse for Full Report at: https://www.omrglobal.com/industry-reports/frozen-pizza-market Scope of the Global Frozen Pizza Market Market Coverage •Market number available for 2019-2026 •Base year- 2019 •Forecast period- 2020-2026 •Segment Covered- By Product and Source •Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World

  2. •Competitive Landscape- Nestlé S.A., CJ CheilJedang Corp., General Mills Inc., Südzucker AG, and Amy's Kitchen, Inc. Recent Strategic Initiatives in the Global Frozen Pizza Market •In August 2020, General Mills Inc. plans to leverage production of its Totino's series of pizza snacks with the expansion to its plant in Wellston, Ohio, US. This will enable the company to meet the increased demand for frozen pizzas in the country. •In December 2018, Bellisio Foods, Inc., a subsidiary of CP Foods global family of companies, signed an agreement to acquire Frozen Specialties, Inc. (FSI), a manufacturer of frozen pizza and Pizza Bites located in Ohio, US. This FSI acquisition will enable the company to share expertise in offering tasty, private label, and exciting brands products to retail customers that delight consumers. Both companies have complementary product portfolios that will benefit their North American and Asian customers. Global Frozen Pizza Market-Segmentation By Product •Regular •Premium •Gourmet By Source •Retail •Food Service Chain Global Frozen Pizza Market– Segment by Region North America •United States •Canada

  3. Europe •UK •Germany •Italy •Spain •France •Rest of Europe Asia-Pacific •China •India •Japan •Rest of Asia-Pacific Rest of the World •Latin America •The Middle East and Africa For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/frozen-pizza-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

  4. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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