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Albany, New York, Feb. 13, 2019 (GLOBE NEWSWIRE) -- The global frozen pizza market is categorized by the presence of several players operating in its. Leading players of the market are experimenting with new types and ingredients to cater to taste of regional consumers, notes Transparency Market Research. In response to the demand of customers, manufacturers of frozen pizza are introducing high-quality and innovative frozen pizza. Some of the predominant players operating in the global frozen pizza market are H.J. Heinz, FRoSTA AG, California Pizza Kitchen, Conagra Brands, Inc., and Atkins Nutritionals, Inc.
As per the recent research report by Transparency Market Research (TMR) on global frozen pizza market, the market is estimated to reach a valuation of US$25,971.1 million by 2026 rising at an impressive CAGR of 6.5 %.
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Among different types of toppings, meat is the most preferred topping by frozen pizza customers. The segment currently holds the largest market share among all types of topping in the global frozen pizza market. This is due to the high nutritional value offered by them. Geographically, North America is expected to remain dominant in the global market for frozen pizza owing to the presence of leading companies in the region.
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Hectic Lifestyle of Working Population to Fuel Global Frozen Pizza Market
The demand for various frozen food products including pizza are increasing owing to rising awareness of the frozen food among the customers. Apart from this, increasing hectic lifestyle of the people is one of the primary drivers of the global frozen pizza market. As frozen pizza has fulfilled the demand for convenient and instant food products among the working population. Further, the introduction of specialty pizza such as dairy free pizza and gluten free is driving the market among the people suffering from gluten and dairy intolerance. This is expected to boost the demand for frozen pizza in the near future. Further, prominent factors such as rising disposable income, increase in number of retail outlets, and changing customer preference are likely to boost the global frozen pizza market in the upcoming years.
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Compromised Nutrition May Dampen Prospects of Global Frozen Pizza Market
The future of the global frozen pizza market seems lucrative owing to the presence numerous growth drivers. However the global market is subjected to few restraints. Growing awareness of less nutrition offered by the frozen pizza and presence of high quantity of sodium and preservatives are the major restraints of the market. This notion in the frozen pizza customer is expected to dampen the market’s growth in the near future. Apart from this, insufficient freezing facilities in emerging economies is another factor posing a threat to the growth of the global frozen pizza market. However, increasing research and development activities by the key payers to advance freezing technology and increasing product portfolio are projected to offer lucrative opportunities to the players operating the frozen pizza market.
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The information presented in this review is based on a TMR report, titled “Frozen Pizza Market (Product Type- Thin Crust, Thick Crust, Stuffed Pizza, Other Types; Toppings- Cheese, Meat, and Fruits & Vegetables; Size - Small, Medium, and Large; Distribution Channel- Food Chain Services, Modern Trade, Departmental Stores, and Online Stores) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026.”
The Global Frozen Pizza Market has been segmented based on:
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