Regional Analysis
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East: GCC Countries, Israel, and Rest of Middle East
- Africa: South Africa, North Africa, and Central Africa
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Market Regional Insights:
- Europe is expected to be the largest market for frozen pastries, accounting for over 65.0% of the market share in 2023. The Europe region is witnessing favorable growth due to the rising demand for bakery products.
- North America is expected to be the second largest market for frozen pastries during the forecast period, accounting for over 25.0% of the market share in 2023. The North America region is driven by factors such as increasing research and development (R&D) investments in bakery industries.
- Asia Pacific is expected to be the third-largest market for frozen pastries during the forecast period, accounting for over 10.0% of the market share in 2023. The Asia Pacific region is witnessing significant growth due to the rising demand for bakery products.