Asia Pacific

Frozen Bakery &

Confectionery Items
Market (2020-2026)
Market Forecast by Product Types, End
Users, Distribution Channel, and
Countries
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 Ta b l e o f C o n t e n t s
Description Slide No.
1. Executive Summary 17

2. Introduction 19

2.1. Report Description 20

2.2. Key Highlights of the Report 21

2.3. Market Scope & Segmentation 23

2.4. Methodology Adopted & Key Data Points 24

2.5. Assumptions 27

3. Asia Pacific Frozen Bakery & Confectionery Items Market Overview 28

3.1. Asia Pacific Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 29

3.2. Asia Pacific Frozen Bakery & Confectionery Items Market Revenue Share, By Countries, 2019 & 2026F 30

3.3. Asia Pacific Frozen Bakery & Confectionery Items Market-Industry Life Cycle 31

3.4. Asia Pacific Frozen Bakery & Confectionery Items Market-Porter’s Five Forces 32

4. Asia Pacific Frozen Bakery & Confectionery Items Market Dynamics 33

4.1. Impact Analysis 34

4.2. Market Drivers 35

4.3. Market Restraints 38

5. Asia Pacific Frozen Bakery & Confectionery Items Market Trends & Evolution 40

6. China Frozen Bakery & Confectionery Items Market Overview 42

6.1. China Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 43

6.2. China Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 44
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 Ta b l e o f C o n t e n t s
Description Slide No.
6.2.1. China Frozen Breads & Buns Market Revenues, 2016-2026F 45

6.2.2. China Frozen Savory Bakery Items Market Revenues, 2016-2026F 45

6.2.3. China Frozen Cakes & Pastry Items Market Revenues, 2016-2026F 45

6.2.4. China Frozen Doughnuts & Cookies Market Revenues, 2016-2026F 45

6.2.5. China Other Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 45

6.3. China Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 46

6.3.1. China Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F 47

6.3.2 China Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F 47

6.4. China Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 48

6.4.1. China Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 49

6.4.2. China Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 49

6.5. China Frozen Bakery & Confectionery Items Market Key Performance Indicators 50

6.6. China Frozen Bakery & Confectionery Items Market Opportunity Assessment 53

6.6.1. China Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 53

6.6.2. China Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 54

7. Japan Frozen Bakery & Confectionery Items Market Overview 55

7.1. Japan Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 56

7.2. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 57

7.2.1. Japan Frozen Breads & Buns Market Revenues, 2016-2026F 58

7.2.2. Japan Frozen Savory Bakery Items Market Revenues, 2016-2026F 58

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 Ta b l e o f C o n t e n t s
Description Slide No.
7.2.3. Japan Frozen Cakes & Pastry Items Market Revenues, 2016-2026F 58

7.2.4. Japan Frozen Doughnuts & Cookies Market Revenues, 2016-2026F 58

7.2.5. Japan Other Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 58

7.3. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 59

7.3.1. Japan Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F 60

7.3.2 Japan Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F 60

7.4. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 61

7.4.1. Japan Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 62

7.4.2. Japan Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 62

7.5. Japan Frozen Bakery & Confectionery Items Market - Key Performance Indicators 63

7.6. Japan Frozen Bakery & Confectionery Items Market Opportunity Assessment 66

7.6.1. Japan Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 66

7.6.2. Japan Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 67

8. Australia Frozen Bakery & Confectionery Items Market Overview 68

8.1. Australia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 69

8.2. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 70

8.2.1. Australia Frozen Breads & Buns Market Revenues, 2016-2026F 71

8.2.2. Australia Frozen Savory Bakery Items Market Revenues, 2016-2026F 71

8.2.3. Australia Frozen Cakes & Pastry Market Revenues, 2016-2026F 71

8.2.4. Australia Frozen Doughnuts & Cookies Market Revenues, 2016-2026F 71

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 Ta b l e o f C o n t e n t s
Description Slide No.
8.2.5. Australia Other Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 71

8.3. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 72

8.3.1. Australia Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F 73

8.3.2 Australia Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F 73

8.4. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 74

8.4.1. Australia Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 75

8.4.2. Australia Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 75

8.5. Australia Frozen Bakery & Confectionery Items Market - Key Performance Indicators 76

8.6. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment 79

8.6.1. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 79

8.6.2. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 80

9. India Frozen Bakery & Confectionery Items Market Overview 81

9.1. India Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 82

9.2. India Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 83

9.2.1. India Frozen Breads & Buns Market Revenues, 2016-2026F 84

9.2.2. India Frozen Savory Bakery Items Market Revenues, 2016-2026F 84

9.2.3. India Frozen Cakes & Pastry ItemsMarket Revenues, 2016-2026F 84

9.2.4. India Frozen Doughnuts & Cookies Market Revenues, 2016-2026F 84

9.2.5. India Other Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 84

9.3. India Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 85
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 Ta b l e o f C o n t e n t s
Description Slide No.
9.3.1. India Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F 86

9.3.2 India Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F 86

9.4. India Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 87

9.4.1. India Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 88

9.4.2 India Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 88

9.5. India Frozen Bakery & Confectionery Items Market - Key Performance Indicators 89

9.6. India Frozen Bakery & Confectionery Items Market Opportunity Assessment 92

9.6.1. India Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 92

9.6.2. India Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 93

10. Indonesia Frozen Bakery & Confectionery Items Market Overview 94

10.1. Indonesia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 95

10.2. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 96

10.2.1. Indonesia Frozen Breads & Buns Market Revenues, 2016-2026F 97

10.2.2. Indonesia Frozen Savory Bakery Items Market Revenues, 2016-2026F 97

10.2.3. Indonesia Frozen Cakes & Pastry Items Market Revenues, 2016-2026F 97

10.2.4. Indonesia Frozen Doughnuts & Cookies Market Revenues, 2016-2026F 97

10.2.5. Indonesia Other Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 97

10.3. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 98

10.3.1. Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F 99

10.3.2 Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F 99
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 Ta b l e o f C o n t e n t s
Description Slide No.
10.4. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 100

10.4.1. Indonesia Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 101

10.4.2 Indonesia Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 101

10.5. Indonesia Frozen Bakery & Confectionery Items Market - Key Performance Indicators 102

10.6. Indonesia Frozen Bakery & Confectionery Items Market Opportunity Assessment 104

10.6.1. Indonesia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 104

10.6.2. Indonesia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 105

11. Rest of Asia Pacific Frozen Bakery & Confectionery Items Market Overview 106

11.1. Rest of Asia Pacific Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F 107

12. Asia Pacific Frozen Bakery & Confectionery Items Market Opportunity Assessment 108

12.1. Asia Pacific Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Countries, 2026F 109

13. Asia Pacific Frozen Bakery & Confectionery Items Market Competitive Landscape 110

13.1. Asia Pacific Frozen Bakery & Confectionery Items Market Company Revenue Share, By Company 111

13.1.1. China Frozen Bakery & Confectionery Items Market Revenue Share, By Company, 2019 111

13.1.2. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Company, 2019 111

13.1.3. India Frozen Bakery & Confectionery Items Market Revenue Share, By Company, 2019 111

13.1.4. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Company, 2019 112

13.1.5. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Company, 2019 112

13.2. Asia Pacific Frozen Bakery & Confectionery Items Market Competitive Benchmarking, By Technical Parameters 113

13.3. Asia Pacific Frozen Bakery & Confectionery Items Market Competitive Benchmarking, By Operating Parameters 114
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 Ta b l e o f C o n t e n t s
Description Slide No.
14. Company Profiles 118

14.1. General Mills, Inc. 119

14.2. Ajinomoto Co., Inc. 120

14.3. Aryzta AG 121

14.4. Kellogg Company 122

14.5. Bakers Circle (India) Pvt Ltd 123

14.6. Delifrance S.A. 124

14.7. Conagra Br&s, Inc. 125

14.8. Mrs. Bectors Food Specialties Ltd. 126

14.9. Grupo Bimbo S.A.B de C.V. 127

14.10. Europastry, S.A. 128

14.11. Yamazaki Baking Co., Ltd. 129

14.12. Allied Pinnacle Pty Ltd 130

15. Key Strategic Recommendations 131

16. Disclaimer 134

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 List of Figures
Description Slide No.
1. Asia Pacific Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 29

2. Asia Pacific Frozen Bakery & Confectionery Items Market Revenue Share, By Countries, 2019 & 2026F 30

3. Projected Urban Population in Asia Pacific Region, 2019-2050 (Billion) 35

4. China Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 43

5. China Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 44

6. China Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 46

7. China Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F ($ Million) 47

8. China Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F ($ Million) 47

9. China Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 48

10. China Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 49

11. China Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 49

12. Share of Urban Population in China, 2019 & 2025F 50

13. China Refrigerator Sales Volume, 2016-2025F (Million Units) 50

14. Share of Young Population in China (15-24 years), 2019 & 2026F 51

15.China Foodservice Industry Market Revenues, 2016-2026F ($ Billion) 51

16. China Demographic Composition Share, By Working Population, 2019 & 2026F 52

17. China Working Population, 2016-2026F (Million) 52

18. China Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 53

19. China Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 54

20. Japan Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 56
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 List of Figures
Description Slide No.
21. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 57

22. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 59

23. Japan Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F ($ Million) 60

24. Japan Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F ($ Million) 60

25. Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 61

26. Japan Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 62

27. Japan Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 62

28. Japan Demographic Composition Share, By Working Population, 2019 & 2026F 63

29. Japan Working Population, 2016-2026F (Million) 63

30. Share of Young Population in Japan (15-24 years), 2019 & 2026F 65

31. Japan Foodservice Industry Market Revenue, 2015-2025F ($ Billion) 65

32. Japan Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 66

33. Japan Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 67

34. Australia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 69

35. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 70

36. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 72

37. Australia Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F ($ Million) 73

38. Australia Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F ($ Million) 73

39. Australia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 74

40. Australia Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 75
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 List of Figures
Description Slide No.
41. Australia Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 75

42. Australia Demographic Share, By Urban Population, 2019 & 2030F 76

43. Australia Refrigerator Sales Volume, 2016 & 2029F (Million Units) 76

44. Australia Demographic Composition Share, By Working Population 2019 & 2026F 77

45. Australia Working Population, 2016-2026F (Million) 77

46. Share of Young Population in Australia (15-24 years), 2019 & 2026F 78

47. Australia Foodservice Industry Market Revenue, 2015 - 2022F ($ Billion) 78

48. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 79

49. Australia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 80

50. India Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 82

51. India Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 83

52. India Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 85

53. India Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F ($ Million) 86

54. India Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F ($ Million) 86

55. India Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 87

56. India Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 88

57. India Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 88

58. India Refrigerator Sales Volume, 2019 - 2025F (Million Units) 89

59. Refrigerator Penetration Level in Indian Market, 2019 & 2026F 89

60. India Share of Young Population (15-24 years), 2019 & 2026F 90
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 List of Figures
Description Slide No.
61.India Foodservice Industry Market Revenue, 2015 - 2022F ($ Billion) 90

62. India Working Population, 2016-2026F (Million) 91

63. India Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 92

64. India Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 93

65. Indonesia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 95

66. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F 96

67. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F 98

68. Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Retail Customers, 2016-2026F ($ Million) 99

69. Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Foodservice Industry, 2016-2026F ($ Million) 99

70. Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F 100

71. Indonesia Online Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 101

72. Indonesia Offline Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million) 101

73. Indonesia Demographic Composition Share, By Working Population 2019 & 2026F 102

74. Indonesia Working Population, 2016-2026F (Million) 102

75. Indonesia Frozen Food Consumption, 2014-2018 (Million Ton) 103

76. Demand for Cold Storage Capacity in Indonesia, 2019-2024F (Thousand Ton) 103

77. Indonesia Demographic Share, By Urban Population, 2019 & 2050F 103

78. Indonesia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F 104

79. Indonesia Frozen Bakery & Confectionery Items Market Opportunity Assessment, By End Users, 2026F 105

80. Rest of Asia Pacific Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Billion) 107
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 List of Figures
Description Slide No.
81. Asia Pacific Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Countries, 2026F 109

82. China Bakery & Confectionery Items Market Revenue Share, By Company, 2019 111

83. Japan Bakery & Confectionery Items Market Revenue Share, By Company, 2019 111

84. India Bakery & Confectionery Items Market Revenue Share, By Company, 2019 111

85. Australia Bakery & Confectionery Items Market Revenue Share, By Company, 2019 112

86. Indonesia Bakery & Confectionery Items Market Revenue Share, By Company, 2019 112

87. Asia Pacific e-Commerce Revenues, 2018 & 2023F 133

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 L i s t o f Ta b l e s
Description Slide No.
1. China Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million) 45

2. Japan Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million) 58

3. Australia Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million) 71

4. India Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million) 84

5. Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million) 97

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Executive
Summary

CHAPTER-1
Asia Pacific Frozen Bakery & Confectionery Items Market Revenues,
2016-2026F ($ Billion)
CAGR 2020E-26F: XX% Asia Pacific frozen bakery & confectionery items
market is expected to witness significant growth
during the forecast period owing to several factors
XX such as rising population, increasing disposable
XX
XX income, and growing demand for convenience and
XX XX
XX XX XX XX
XX XX ready to eat products in the region, especially in the
middle and higher-income families due to their
hectic lifestyle. Also, factors such as changing
demographics and an increase in working
population, particularly women are also expected to
drive the frozen bakery & confectionery items
2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
market in the near future.
Asia Pacific Frozen Bakery & Confectionery Items
Market Revenue Share, By Countries Asia Pacific Frozen Bakery & Confectionery
Items Market Drivers
China

XX Japan Increasing Workforce & Hectic Work Schedules

XX
Australia
XX
2019 India
Changing Food Habits

XX XX Indonesia
Preference for Food with High Shelf Life
XX Rest of Asia
Pacific

Source: 6wresearch
Introduction
CHAPTER-2
 2.1 Introduction

Report Description

▪ Asia Pacific frozen bakery and confectionary items market witnessed growth in recent years attributed to factors such as increasing workforce,
fast-paced lifestyle, growing acceptance for frozen food along with the changing food habits among consumers. The market growth is further
supported by the growing young population, rising disposable income, and rapid urbanization across the emerging economies in the Asia Pacific
region. However, foodservice industry faced the maximum brunt of the COVID-19 outbreak, resulting in sluggish market demand for frozen bakery
& confectionary items in Asia Pacific region due to the prolonged lockdown imposed in several countries.
▪ According to 6Wresearch, Asia Pacific frozen bakery & confectionery items market size is projected to grow at a CAGR of XX% during
2020-26. By product types, frozen breads & buns captured the highest market revenue share in most of the countries in the Asia Pacific region in
2019. The high revenue share is attributed to the high demand for the product among the consumers. Further, the frozen bakery manufacturers
have been increasingly innovating their product offerings such as tarts, cakes, buns, rolls, croissants, pizza, cookies, and doughnuts to meet the
dynamic consumer demand on tastes and functional requirements such as low fat and high nutritional value. Moreover, the rise in western-style
bakeries across the region would drive the growth of frozen savory & pastry items market in the coming years.
▪ China remained a leading market for the frozen bakery and confectionery items in the Asia Pacific market in 2019. Some of the growth factors are
the continued increase in the number of quick-service restaurants and cafes along with the rapidly increasing share of female workforce.
Additionally, the Indian market for frozen bakery & confectionery items is anticipated show the most promising growth during the forecast period
on account of the growing share of the young population in the country’s demography together with its flourishing foodservice industry, which
would lead to high consumption of frozen bakery & confectionary items in the country in the years to come.
▪ The Asia Pacific frozen bakery & confectionery items market report comprehensively covers the Asia Pacific frozen bakery & confectionery items
market by product types, end users, distribution channel, and countries. Asia Pacific frozen bakery & confectionery items market outlook report
provides an unbiased and detailed analysis of the on-going Asia Pacific frozen bakery & confectionery items market trends, opportunities/ high
growth areas, market drivers, which would help stakeholders to device and align their market strategies according to the current and future market
dynamics.

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 2.2 Introduction

Key Highlights of the Reports

▪ Historical Data of Asia Pacific Frozen Bakery & Confectionery Items Market Revenues for the Period 2016-2019

▪ Market Size & Forecast of Asia Pacific Frozen Bakery & Confectionery Items Market Revenues until 2026

▪ Historical Data of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues for the Period 2016-2019

▪ Market Size & Forecast of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues until 2026

▪ Historical Data of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Product Types, for the

Period 2016-2019

▪ Market Size & Forecast of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Product Types,

until 2026

▪ Historical Data of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By End Users, for the Period

2016-2019

▪ Market Size & Forecast of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By End Users, until

2026

▪ Historical Data of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Distribution Channel, for

the Period 2016-2019

▪ Market Size & Forecast of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By Distribution

Channel, until 2026

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 2.2 Introduction

Key Highlights of the Reports

▪ Market Drivers and Restraints

▪ Market Trends & Evolution

▪ Industry Life Cycle

▪ Porter’s Five Force Analysis

▪ Market Opportunity Assessment

▪ Player’s Market Revenue Share

▪ Competitive Landscape

▪ Company Profiles

▪ Key Strategic Recommendations

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 2.3 Introduction

Market Scope & Segmentation

Segmentation Basis Segmentation

By Product Types ▪ Frozen Breads & Buns

▪ Frozen Savory Bakery Items

▪ Frozen Cakes & Pastry Items

▪ Frozen Doughnuts & Cookies

▪ Others (Waffles, Bagels, etc.)

By End Users ▪ Retail Customers

▪ Foodservice Industry

By Distribution Channel ▪ Online

▪ Offline

By Countries ▪ China ▪ Australia

▪ Japan ▪ Indonesia

▪ India ▪ Rest of Asia Pacific (Philippines, Singapore, etc.)

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 23

 2.4 Introduction

Research Methodology - Sources of Information

◼ The research begins with defining and agreeing on the requirement of the client followed by developing the structured Need Assessment
tree on the investment case scope

2
◼ After understanding the requirement of the client, our data collection team begins the research by collecting the data Collects the facts
from various sources. (In-house database and
◼ Followed by, collection of data through experts' interviews (knowledge partners), key players, consultants and all other Primary Interviews and Desk
key stakeholders Research)
◼ Secondary research allows gathering of supporting information. Sources include: paid, Floor and in-house database

◼ Complete the necessary analysis utilizing appropriateanalytical techniques Analyze and synthesize the facts
◼ Synthesize findings to identify the “so whats” and draw the necessary conclusions. (On going)

4
◼ Identification of various factors affecting the market.
Application of sizing and
◼ Above factors would then be plugged into various models to arrive at estimated market size and market forecasts.
forecasting models
◼ Typically sizing models follows are Top-down and Bottom-up approach and forecasting models include Time series,
Regression, Exponential smoothing and Moving average

◼ Data is further sent to the experts for the validation and final approval Data Validation

◼ Market deliverables are then prepared as agreed in the form of PDF, PPT, Spreadsheet, Report, etc. 6
◼ Consistent utilization of easy-to-flow format. Prepare and communicate the
◼ Delivery of results. results

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 24

 2.4 Introduction

Research Methodology - Sources of Information

A B
Expert Interviews including key In-house Shipment Database

B A
stakeholders (CXOs, VPs, Business
Heads, Managers and Senior
Managers), Distributors, Consultants,
and others Experts

C C
Country-Wise Statistical Research

D Sources D
Databases including Statistical,
of Information Factiva, Reuters, Bloomberg, CapIQ,
E
Desk Research including general

E
searches, filings, annual reports,
Debtwire and Merger Markets magazines and journals

Expert Interviews /Primary Research

◼ 6Wresearch has a unique mix of both desk as well as primary research. Our custom studies comprises of 50% primary research/end user survey and 20% database and
30% desk research.

◼ Most of the research publications are of ongoing studies and thus have developed engagements with various players and stakeholders. We encourage players to become
our contributors (knowledge partners) and avail free studies or with heavy discount. Our contributors play a vital role in primary research

◼ 6W comprises of standalone primary research team which gathers data from various stakeholders

◼ Information both from our contributors (knowledge partners) and data collection team are then further sent to the core team of analyst for application to the relevant
analytical tool

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 25

 2.4 Introduction

Robust Forecasting Model

FORECASTING METHODOLOGY

▪ The analysis conducted is based on actual operating data from selected samples. The historical data is extracted based on company filings,
estimation model, in-house & paid database, local and international statistics and desk research.

▪ The forecasting methodology is based on an analysis of rolling averages, trend estimation and extrapolation. Anticipated events expected to
shape the future dynamics of supply and demand are identified then weighted against relevance and impact, thereby forecasting performance of
the relevant market.

▪ Where available, monthly and annual historical data trends from the past 5 or 10 years are analyzed to identify demand patterns and is utilized
as a forecasting base.

▪ Knowledge contributors / Industry consultants are requested to suggest the company forecast and expected industry trends. All the factors
above are given weightages in the final forecasting estimation.

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 26

Asia Pacific
Frozen Bakery &
Confectionery
Items Market
Overview
CHAPTER-3
 Asia Pacific Frozen Bakery & Confectionery
3.1 Items Market Overview

Asia Pacific Frozen Bakery & Confectionery Items Market Revenues

▪ At present, China and Japan are the leading contributors to the Asia Pacific frozen bakery and confectionery items on the back of growing consumer
preference for convenient snacking owing to changing demographics in these countries.
▪ Moreover, the expanding young population base in India and Indonesia, especially children aged below 15 years are expected to propel the market
for confectionery items such as doughnuts and cookies during the forecast period.
▪ Additionally, the trending culture of veganism in Australia is expected to augment the demand for plant-based frozen bakery and confectionery
products over the coming years such as vegan doughnuts, cakes, and cookies.
▪ However, the overall market is expected to witness a decline in 2020 on account of nationwide lockdown imposed across several countries by their
respective government in the wake of coronavirus pandemic. The pandemic is significantly affecting the social behavior, supply chain, and service
delivery model in the region, consequently impacting the eating habits and lifestyle of the people.

Figure 1: Asia Pacific Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million)

Revenue CAGR (2016-19): XX% Revenue CAGR (2020E-26F): XX%

XX
XX
XX
XX XX
XX XX XX XX
XX XX

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 28

 Asia Pacific Frozen Bakery & Confectionery
3.2 Items Market Overview

Asia Pacific Frozen Bakery & Confectionery Items Market Revenue Share, By Countries

Figure 2: Asia Pacific Frozen Bakery & Confectionery Items Market Revenue Share, By Countries, 2019 & 2026F

▪ China accounted for the largest share in overall Asia Pacific frozen bakery & confectionery items market due to the change in eating habits of
Chinese consumers. Approximately 70% of the country’s population gives preference to food safety therefore, the demand for frozen foods &
bakery items are increasing in the country.
▪ Further, tariff barrier on imports of frozen foods in China has been reduced by the Chinese government, which would further add to the overall
market of frozen bakery & confectionery items in China.

China

XX Japan
XX

39.0% Australia XX

XX
2019 India
XX
2026F
Indonesia
XX
XX
Rest of Asia
XX XX
Pacific
XX XX

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 29

Japan Frozen
Bakery &
Confectionery
Items Market
Overview
CHAPTER-7
 Japan Frozen Bakery & Confectionery Items
7.1 Market Overview

Japan Frozen Bakery & Confectionery Items Market Revenues

▪ The aging population and increase in the number of one-person and nuclear households are expected to augment the market for frozen food over
the coming years in Japan. The frozen food market entered its 100th year in Japan in 2020 and is likely to grow noticeably on the back of a rising
proportion of women entering the workspace and a relatively demanding office culture in the country resulting in increasing consumer preference
for convenience.
▪ Further, frozen bakery forms a prominent subsegment of the frozen food and is gaining popularity among the Japanese consumers. An expanding
foodservice industry and rapidly growing need for cold chain infrastructure in the country would drive the frozen bakery demand in the country in
the years to come.
▪ The Japan Frozen Food Association conducts cooking classes, events, surveys, exhibitions along with informing the public about the benefits,
history, and statistics related to frozen food through newspapers, magazines, and radio broadcasts, thereby expected to augment consumer
demand for frozen food in Japan over the coming years.

Figure 20: Japan Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million)

Revenue CAGR (2016-19): XX% Revenue CAGR (2020E-26F): XX%

XX XX
XX XX
1,710.6 1,770.5 XX XX XX
XX XX

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 31

 Japan Frozen Bakery & Confectionery Items
7.2 Market Overview, By Product Types

Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types

Figure 21: Japan Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F

▪ Frozen breads & buns have registered the highest share in the frozen bakery & confectionery items market of Japan and the same trend is
expected to be seen in the coming years since bread is considered as an essential consumer staple in Japan and the rising demand for bread
would create new opportunities for frozen bread in the country.
▪ However, savory bakery items such as pizza and toast would register significant growth during the forecast period on account of increasing
westernization in food style of the consumers and increase in the number of fast food joints in the country.

XX XX
XX
XX Frozen Breads & Buns

Frozen Cakes &

Pastry Items

2019 2026F
44.3% XX XX
XX
Frozen Savory Bakery
Items

Frozen Doughnuts &

Cookies

XX XX
Others

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 32

 Japan Frozen Bakery & Confectionery Items
7.2.1 Market Overview, By Product Types

Japan Frozen Bakery & Confectionery Items Market Revenues, By Product Types

Table 2: Japan Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million)

CAGR CAGR
Product Types 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
(2016-19) (2020E-26F)

Frozen Breads &

XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Buns

Frozen Cakes &

XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Pastry Items

Frozen Savory
XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Bakery Item

Frozen
Doughnuts & XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Cookies

Others XX XX XX XX XX% XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX% XX XX XX XX XX XX XX XX%

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 33

 Japan Frozen Bakery & Confectionery Items
7.3 Market Overview, By End Users

Japan Frozen Bakery & Confectionery Items Market Revenue Share, By End Users

Figure 22: Japan Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F

▪ Japan foodservice industry recorded maximum share in the overall market of frozen bakery & confectionery items owing to the corporate and
individual spending on dineout. Further, continuing surge in inbound tourism and recovery of sales in the quick-service segment including
hamburger shops and casual sushi restaurants have also contributed to the industry growth.
▪ However, retail segment in Japan would witness significant growth during the forecast period on account of increasing penetration of cold
storage and refrigerators in the country, which would facilitate individuals to store frozen food at home.

XX
Foodservice XX
Industry

2019 2026F
Retail Customers
XX
XX

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 34

 Japan Frozen Bakery & Confectionery Items
7.5.1 Market Key Performance Indicators

Japan Demographic Composition Market Overview

▪ Japan has a mature frozen food industry and a growing Figure 28: Japan Demographic Composition Share, By Working Population, 2019
working population in Japan, especially the rising share of & 2026F
women in the workforce has resulted in an upward trend
in the demand for convenience food such as frozen food
which, in turn, lead to an increase in the consumption of
frozen bakery & confectionery items in recent years.
44.0% Men
▪ Furthermore, with economic development and increasing
purchasing power parity (PPP), consumers nowadays can 2019 56.0% Women
48.4%
2026F 51.6%
afford premium products with improved nutritional value
and shelf life. Thus, all these factors together would drive
the market for frozen bakery & confectionery items in
Japan during the forecast period. Source: World Bank

Figure 29: Japan Working Population, 2016-2026F (Million)

92.3

91.7 91.7 91.6

90.6

2016 2017 2018 2019 2026F

Source: Media, World Bank

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 35

 Japan Frozen Bakery & Confectionery Items
7.5.3 Market Key Performance Indicators

Japan Foodservice Industry Market Overview

Figure 30: Share of Young Population in Japan (15-24 years), 2019 & Figure 31: Japan Foodservice Industry Market Revenue, 2015-2025F ($
2026F Billion)

2019 2026F
356.3

295.2 299.8
275.3
260.5
9.6% 10.1% Source: IndexMundi

▪ The Japanese foodservice industry is expected to expand rapidly

during the forecast period owing to factors such as a rise in
frequency of eating out, experimenting with new cuisines, and
growing brand consciousness among the people. As there has been
a significant growth in the working population across the country,
more and more people are getting engaged in outdoor activities like
shopping, outing with friends, leisure plans, and others. Therefore,
dine out preference of Japanese has significantly contributed to the
growth of the foodservice industry. However, in 2020, a decline in
the market is expected due to the outbreak of COVID-19 pandemic
and subsequent practices of social distancing.
▪ Moreover, the Japanese foodservice industry is attracting significant
interest from domestic as well as international private equity and
capital funds, thus would create ample opportunity for the frozen
bakery & confectionery items to tap the market potential in the 2015 2016 2017 2018 2025F
coming years. Source: Usda.gov, Media

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved.

36
India Frozen
Bakery &
Confectionery
Items Market
Overview
CHAPTER-9
 India Frozen Bakery & Confectionery Items
9.1 Market Overview

India Frozen Bakery & Confectionery Items Market Revenues

▪ The growing network of hypermarkets, supermarkets, and cash & carry stores has bolstered the demand for frozen bakery and confectionery items
significantly in India. Moreover, Indian retail stores are increasingly investing in cold storage facilities, which is expected to further drive the
demand for frozen bakery and confectionery items during the forecast period.
▪ India’s rapidly growing young population serves as the key source of demand for frozen bakery and confectionery items, especially frozen
doughnuts, cakes, and cookies are popular among the children and introduction of nutritional diet in such products by the companies are expected
to propel the market over the coming years.
▪ However, economic slowdown due to the COVID-19 outbreak would result in reduced consumer spending in the near term, thus acting as a
restraint for the frozen bakery & confectionery items, especially in the foodservice industry of the country.

Figure 50: India Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million)

Revenue CAGR (2016-19): XX% Revenue CAGR (2020E-26F): XX%

XX
XX
XX
XX
XX XX
XX XX XX
XX
XX

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 38

 India Frozen Bakery & Confectionery Items
9.2 Market Overview, By Product Types

India Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types

Figure 51: India Frozen Bakery & Confectionery Items Market Revenue Share, By Product Types, 2019 & 2026F

▪ By product types, frozen breads & buns captured the majority of the market revenue share in 2019 and are anticipated to dominate the India
frozen bakery market during the forecast period due to the high product demand among the consumers. Also, the modern consumer desirability
for convenient frozen food products has been a major reason for the growth of frozen breads & buns market in the country.
▪ Further, frozen breads & buns products offer instant service with retention of both freshness and quality characteristics. However, frozen cakes
and pastry items are gaining popularity owing to the growing urbanization coupled with an increase in disposable income of the consumers in the
country.

XX XX

Frozen Breads & Buns XX

XX

Frozen Doughnuts &

Cookies XX

2019 2026F
XX
XX XX
Frozen Cakes &
Pastry Items

Frozen Savory Bakery

Items
XX XX

Others

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 39

 India Frozen Bakery & Confectionery Items
9.2.1 Market Overview, By Product Types

India Frozen Bakery & Confectionery Items Market Revenues, By Product Types

Table 4: India Frozen Bakery & Confectionery Items Market Revenues, By Product Types, 2016-2026F ($ Million)

CAGR CAGR
Product Types 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
(2016-19) (2020E-26F)

Frozen Breads &

XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Buns

Frozen
Doughnuts & XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Cookies

Frozen Cakes &

XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Pastry Items

Frozen Savory
XX XX XX XX XX% XX XX XX XX XX XX XX XX%
Bakery Items

Others XX XX XX XX XX% XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX% XX XX XX XX XX XX XX XX%

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 40

 India Frozen Bakery & Confectionery Items
9.4 Market Overview, By Distribution Channel

India Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel

Figure 55: India Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F

▪ Currently, the offline distribution channel holds the majority of revenue share in the overall India frozen bakery and confectionery items
market. Indian consumers are more inclined towards such mediums as they offer the selection of the best and most popular products. Apart
from that, the buyer gets to try and feel the product before making a final purchase.
▪ However, the online distribution channels have started gaining traction in the country and are anticipated to grow at a faster rate during the
forecast period owing to India’s robust e-commerce platforms such as Amazon Prime Pantry and big basket, which deliver good quality
products including frozen bakery and confectionery items in short span of time.

XX

XX
Offline

2019 Offline
2026F
XX

XX

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 41

 India Frozen Bakery & Confectionery Items
9.5.1 Market Key Performance Indicators

J a p a n F o oIndia
d s e rRefrigerator
v i c e I n d uMarket
stry M arket Overview
Overview

▪ The refrigerator market in India emphatically influences the refrigerated or frozen food products demand and consumption in the country since it
allows the individuals to purchase in bulk and store in the refrigerator for later use.
▪ Rising disposable income of the consumers and easy access to credit are some of the factors, which have led to an increase in the sales of the
refrigerator in India. This, in turn, has augmented the demand for frozen bakery and confectionery items as refrigerators facilitate appropriate
storage at home.
▪ Further, a huge untapped market potential and increasing refrigerator penetration would propel the market for frozen bakery & confectionery
items during the forecast period. Moreover, the rising urban population, warm climate of the country, and growing e-commerce network, which
provides consumers ease of buying the product, would boost the demand for refrigerator in Indian market during the forecast period.

Figure 58: India Refrigerator Sales Volume, 2019 - 2025F (Million Figure 59: Refrigerator Penetration Level in Indian Market,
Units) 2019 & 2026F

27.1
2019 2026F

14.5

2019 2025F
27.3% 47.5%
Source: Edelweiss
42 Source: CEAMA
Copyright
Copyright 2020.
2020. Reproduction
Reproduction is
is forbidden
forbidden unless
unless authorized.
authorized. All
All rights
rights reserved.
reserved. 42
 India Frozen Bakery & Confectionery Items
9.5.3
Market Key Performance Indicators

India Demographic Composition Overview

Figure 62: India Working Population, 2016-2026F (Million)

▪ Improving living standards, rapidly growing working population,
and their rising disposable income would drive the frozen bakery
& confectionery items market in the country. Moreover, India’s 517.2

working population is more inclined towards convenient food

products that offer less meal preparation time and ease of
425.4 426.3
consumption. Additionally, the country’s growing young 415.1
405.2
population is highly influenced by the western food culture, which
has brought changes in their food habits and lifestyles. Further,
growing westernization and globalization is expected to drive the
India frozen bakery & confectionery items market in the coming
years.
▪ Also, the immigration rate to India has witnessed a steep rise in
the past few years and is anticipated to rise more rapidly over the
coming years due to the diversification of the economy and
increased investment of international players. This has elevated
the awareness regarding frozen foods which, in turn, would
further increase the demand for frozen bakery & confectionery
items in the country during the forecast period.
2016 2017 2018 2019 2026F

43Source: Media, World Bank

Copyright
Copyright 2020.
2020. Reproduction
Reproduction is
is forbidden
forbidden unless
unless authorized.
authorized. All
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reserved. 43
 India Frozen Bakery & Confectionery Items
9.6.1
Market Opportunity Assessment

India Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types

Figure 63: India Frozen Bakery & Confectionery Items Market Opportunity Assessment, By Product Types, 2026F

60.0%

Frozen breads & buns have

accounted for the majority of share
50.0%
in the India frozen bakery &
Market Revenue Share (2026F)

confectionary market in 2019 and

it is expected to dominate the Frozen Breads & Buns,
40.0%
XX
market in future as well, since
breads & buns are commonly
30.0% consumed and are considered as an
essential item in the country,
thereby creating ample
20.0% opportunities for the growth of the
Frozen Doughnuts &
segment in the near future. Cookies, XX
Frozen Cakes & Pastry,
XX
10.0%

Frozen Savory Bakery

Others , XX Items , XX
0.0%
0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0%
CAGR (2020E-26F)
Note: Values in the bubbles represent market revenues (in $ Million)

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 44

Indonesia Frozen
Bakery &
Confectionery
Items Market
Overview
CHAPTER-10
 Indonesia Frozen Bakery & Confectionery
10.1 Items Market Overview

Indonesia Frozen Bakery & Confectionery Items Market Revenues

▪ The frozen bakery & confectionery items market is anticipated to witness strong growth over the coming years due to a rise in the consumer
preference for healthy and convenient baked products. In Indonesia, bakery product manufacturers are reformulating their bakery product lines &
modifying product packaging, claiming to address the consumer’s health concerns, which would lead to the growth of frozen bakery &
confectionery items in the country over the coming years.

▪ Moreover, the frozen bakery & confectionery items continue to witness dynamic growth owing to the growing demand for food products with
longer shelf life & various nutritional benefits such as high fiber content, less fat & sugar, etc. Further, the expansion of retail channels in the form of
new and improved hypermarkets and supermarkets along with rising purchasing power are some of the key factors to drive the sales of frozen
bakery & confectionery items in the country over the coming years.

Figure 65: Indonesia Frozen Bakery & Confectionery Items Market Revenues, 2016-2026F ($ Million)

Revenue CAGR (2016-19): XX% Revenue CAGR (2020E-26F): XX%

XX
XX
XX
XX
XX XX
XX XX XX
XX
XX

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 46

 Indonesia Frozen Bakery & Confectionery
10.3 Items Market Overview, By End Users

Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users

Figure 67: Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By End Users, 2019 & 2026F

▪ Tourism in Indonesia has more than doubled over the past decade, thus flourishing growth in the tourism sector would result in the growth of the
foodservice industry in the country which, in turn, would lead to higher demand for the frozen bakery items in the foodservice industry in the
years to come.
▪ However, an increasing number of middle-class consumers, changing demographics, and rising brand consciousness among the consumers would
lead to the growth of the retail customers segment as well in the coming years.

XX
XX

Foodservice
Industry

2019 2026F
Retail Customers

XX
XX

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 47

 Indonesia Frozen Bakery & Confectionery Items
10.4 Market Overview, By Distribution Channel

Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel

Figure 70: Indonesia Frozen Bakery & Confectionery Items Market Revenue Share, By Distribution Channel, 2019 & 2026F

▪ The offline distribution segment is projected to register momentous growth throughout the forecast period on account of the rising investment of
e-commerce giants in the brick-and-mortar stores in the country. Moreover, urbanization and growing middle-class population in the country are
creating ample of demand for offline distribution channels.
▪ However, growing usage of internet service and several services offered by the online channel such as delivery at doorsteps, availability of
multiple payment options and discounts & offers would drive the online segment in Indonesia over the coming years.

XX
XX

Offline

2019 Online
2026F
XX
XX

Source: 6Wresearch

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 48

 Indonesia Frozen Bakery & Confectionery
10.5.1 Items Market Key Performance Indicators

Indonesia Demographic Composition Overview

▪ Frozen bakery & confectionery items in Indonesia have Figure 73: Indonesia Demographic Composition Share, By Working
gained popularity over the past few years due to the Population 2019 & 2026F
consumer shift towards easy to cook meals, thus saving
time. Another factor driving the frozen bakery &
confectionery items market is the rising population of
working women especially, working mothers and female
39.3% Men 41.5%
entrepreneurs in the country.
▪ Moreover, a proactive lifestyle has urged people to consume 2019 60.7%
Women 2026F 58.5%
frozen bakery & confectionery items whenever they have
spare time with no wastage of food. Further, an increase in
the consumption of bakery products in the country would
increase the opportunity for frozen bakery as well in the
Source: World Bank, Media
years to come.

Figure 74: Indonesia Working Population, 2016-2026F (Million)

200.6

126.0 129.6 132.7 134.8

2016 2017 2018 2019 2026F

Source: Worldometers, PopulationPyramid, Media

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 49

 Indonesia Frozen Bakery & Confectionery
10.5.2 Items Market Key Performance Indicators

J a p a n F o Indonesia
o d s e r v i Cold
c e I Chain
n d u sMarket
t r y M Overview
arket Overview

▪ The cold chain industry is poised for unprecedented growth over Figure 76: Demand for Cold Storage Capacity in Indonesia, 2019-
the forecast period owing to rising automation in refrigerated 2024F (Thousand Ton)
warehouses. Further, the rise in international trade for perishable
foods such as dairy and frozen deserts, fruits & vegetables, meat,
fish & seafood, and bakery & confectionery products would boost 824.8
765.1
the demand for refrigerated storage solutions in the country. 692.4
631.2
▪ However, the demand for frozen food in recent years has increased 548.4
due to an increase in bakery imports, changes in the diet pattern of 462.8
consumption of urban people, which tend to be fast meet
nutritional and health needs. Also, an increase in public purchasing
power of the consumers would boost the demand for frozen bakery
& confectionery items in the country in the coming years.
2019 2020E 2021F 2022F 2023F 2024F
Figure 75: Indonesia Frozen Food Consumption, 2014-2018
Source: Central Bureau of Statistics (2019)
(Million Ton)

Figure 77: Indonesia Demographic Share, By Urban Population, 2019

6.6 & 2050F
6.3
5.9
5.1
5.5
2019 2050F

2014 2015 2016 2017 2018 56.4% 70.7%

Source: Central Bureau of Statistics (2019) Source: Knoema, Media

Copyright 2020. Reproduction is forbidden unless authorized. All rights reserved. 50

 16 Disclaimer

Policy: 6Wresearch services, comprises market specific information that is intended for key sets of customers which can be used for internal

purposes, but not for general publication or disclosure to third parties.

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