Frozen Pizza Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Frozen Pizza Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:

The global frozen pizza market size reached US$ 16.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.

Frozen pizza is a half-baked pizza that is prepared using yeasted flatbread dough and stored for later consumption. It is usually topped with different kinds of cheese, sauces and meats such as ham and chicken. Once prepared, frozen pizzas are preserved at very low temperatures, i.e., flash-frozen to lock-in their nutritional value and taste. In comparison to freshly baked pizzas, frozen pizzas need to be cooked further before consumption. They also have a longer shelf life, are economical and assist in reducing the overall wastage of food.

Increasing urbanization and growing demand for convenience food products are the key factors driving the growth of the market. Due to changing lifestyles, dietary patterns and hectic schedules, consumers are increasingly opting for easy to cook and ready-to-eat meal options. This trend, coupled with the increasing working population, is favoring the growth of the market. Additionally, growing health consciousness amongst consumers has led to the launch of gluten- and dairy-free product variants, which are gaining rapid popularity among consumers. Innovative toppings, organic ingredients, and vegan options are also contributing to the extensive demand for frozen pizzas. Some of the other factors such as a rapid increase in the number of retail outlets and Quick Serving Restaurants (QSRs), along with the utilization of advanced technologies for production, storage and supply of the products for minimal wastage of food and resources is also driving the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global frozen pizza market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on crust type, size, product type, topping and distribution.

Breakup by Pizza Crust Type:

Thin Crust
Thick Crust
Stuffed Crust
Others

Breakup by Size:

Small
Medium
Large

Breakup by Product Type:

Regular Frozen Pizza
Premium Frozen Pizza
Gourmet Frozen Pizza

Breakup by Topping:

Cheese
Meat
Fruits and Vegetables
Others

Breakup by Distribution:

Food Chain Services
Modern Trade
Departmental Stores
Online Stores
Others

Breakup by Region:

North America

United States
Canada

Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Amy's Kitchen Inc., Atkins Nutritionals Holdings Inc. (The Simply Good Foods Company), Conagra Brands Inc., Daiya Foods Inc. (Otsuka Pharmaceutical Co. Ltd.), Dr. Oetker GmbH, Freiberger Lebensmittel GmbH & Co. (Südzucker AG), General Mills Inc., McCain Foods Limited, Nestlé S.A., Newman's Own Inc., The Kraft Heinz Company, etc.

Key Questions Answered in This Report:

What was the size of the global frozen pizza market in 2022?

What is the expected growth rate of the global frozen pizza market during 2023-2028?

What are the key factors driving the global frozen pizza market?

What has been the impact of COVID-19 on the global frozen pizza market?

What is the breakup of the global frozen pizza market based on the pizza crust type?

What is the breakup of the global frozen pizza market based on the size?

What is the breakup of the global frozen pizza market based on the product type?

What is the breakup of the global frozen pizza market based on the topping?

What is the breakup of the global frozen pizza market based on the distribution?

What are the key regions in the global frozen pizza market?

Who are the key players/companies in the global frozen pizza market?