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  • Frozen Dough Market Size, Industry Growth, Share, Regional Overview and Forecast by 2030

    The global frozen dough market size was valued at USD 22.97 billion in 2022. The industry is expected to expand from USD 23.94 billion in 2023 to USD 34.58 billion by 2030, exhibiting a CAGR of 5.39% over the study period.

    The baking industry continues to hold substantial growth opportunities, and a prominent avenue is the utilization of frozen dough. This method involves preparing the dough and subsequently freezing it until the baking process is initiated. The demand for frozen dough is experiencing a remarkable upswing due to its widespread availability in the market and the convenience it provides to consumers.

    COVID-19 Impact:

    Surge in Home Cooking Positively Influenced Market Growth amid Pandemic

    Unanticipated stress on the foodservice industry was brought by the COVID-19 pandemic, which led to many immediate challenges. However, home cooking and refrigerated dough consumption gained traction amid the pandemic due to the travel restrictions and stay-at-home orders.

    Report Coverage:

    The report provides in-depth analysis of the key driving and restraining factors impacting the market growth. It further offers comprehensive coverage of the COVID-19 impact on market growth and the major strategies deployed by leading market players to gain a competitive edge. In addition, it highlights the key segments and trends impacting the market.

    Drivers and Restraints:

    Increasing Popularity of Clean Labeled Products to Escalate Market Growth

    A major factor driving the frozen dough market growth is the rise in the popularity of clean-labeled products. These products have gained popularity due to the growing demand for organic and sustainably sourced products among young consumers. Moreover, innovative products are developed by manufacturers to cater to rising consumer demands by providing high-quality, healthy, and sustainable alternatives for consumers and the retail market.

    Despite an expanding scope for product adoption, the availability of substitutes and lack of proper storage may impede market growth.

    Regional Insights:

    North America Dominates with Surging Demand for Ready-to-Cook Convenience

    North America dominated the global frozen dough market share in 2022, propelled by the increasing demand for convenient frozen-dough. The rise in popularity of ready-to-cook products, especially among busy working individuals, significantly fuels regional growth.

    South America is poised to witness significant growth during the forecast period. Growing urbanization in Argentina, Brazil, and other major economies is driving regional expansion.

    Competitive Landscape:

    Leading Companies Focus on Mergers and Acquisition Strategies to Expand Market Share

    Prominent market players are deploying various strategies such as joint ventures, collaborations, product innovations, and others to fuel market expansion. Several companies are also focusing on mergers and acquisition strategies to solidify their industry footing.

    Key Industry Development:

    January 2021: FroDo Baking Company, a frozen dough manufacturer and distributor based in the U.S., completed the acquisition of Corbion N.V.’s Frozen Dough Business.

    Browse Summary of this Research Report:

    https://www.fortunebusinessinsights.com/frozen-dough-market-108484
    Frozen Dough Market Size, Industry Growth, Share, Regional Overview and Forecast by 2030 The global frozen dough market size was valued at USD 22.97 billion in 2022. The industry is expected to expand from USD 23.94 billion in 2023 to USD 34.58 billion by 2030, exhibiting a CAGR of 5.39% over the study period. The baking industry continues to hold substantial growth opportunities, and a prominent avenue is the utilization of frozen dough. This method involves preparing the dough and subsequently freezing it until the baking process is initiated. The demand for frozen dough is experiencing a remarkable upswing due to its widespread availability in the market and the convenience it provides to consumers. COVID-19 Impact: Surge in Home Cooking Positively Influenced Market Growth amid Pandemic Unanticipated stress on the foodservice industry was brought by the COVID-19 pandemic, which led to many immediate challenges. However, home cooking and refrigerated dough consumption gained traction amid the pandemic due to the travel restrictions and stay-at-home orders. Report Coverage: The report provides in-depth analysis of the key driving and restraining factors impacting the market growth. It further offers comprehensive coverage of the COVID-19 impact on market growth and the major strategies deployed by leading market players to gain a competitive edge. In addition, it highlights the key segments and trends impacting the market. Drivers and Restraints: Increasing Popularity of Clean Labeled Products to Escalate Market Growth A major factor driving the frozen dough market growth is the rise in the popularity of clean-labeled products. These products have gained popularity due to the growing demand for organic and sustainably sourced products among young consumers. Moreover, innovative products are developed by manufacturers to cater to rising consumer demands by providing high-quality, healthy, and sustainable alternatives for consumers and the retail market. Despite an expanding scope for product adoption, the availability of substitutes and lack of proper storage may impede market growth. Regional Insights: North America Dominates with Surging Demand for Ready-to-Cook Convenience North America dominated the global frozen dough market share in 2022, propelled by the increasing demand for convenient frozen-dough. The rise in popularity of ready-to-cook products, especially among busy working individuals, significantly fuels regional growth. South America is poised to witness significant growth during the forecast period. Growing urbanization in Argentina, Brazil, and other major economies is driving regional expansion. Competitive Landscape: Leading Companies Focus on Mergers and Acquisition Strategies to Expand Market Share Prominent market players are deploying various strategies such as joint ventures, collaborations, product innovations, and others to fuel market expansion. Several companies are also focusing on mergers and acquisition strategies to solidify their industry footing. Key Industry Development: January 2021: FroDo Baking Company, a frozen dough manufacturer and distributor based in the U.S., completed the acquisition of Corbion N.V.’s Frozen Dough Business. Browse Summary of this Research Report: https://www.fortunebusinessinsights.com/frozen-dough-market-108484
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Frozen Dough Market By Type | Regional Forecast [2030]
    The global frozen dough market size was valued at $22.97 billion in 2022 & is projected to grow from $23.94 billion in 2023 to $34.58 billion by 2030
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  • Automotive Tinting Film Market Size, Share & Forecast 2027
    The global automotive tinting film industry size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019

    The whole world is battling with the newly discovered coronavirus. The government authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused instabilities in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

    Market Driver:

    Surging Carbon Emissions to Spur Business Opportunities

    The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period.

    Market Restraint

    Drastic Fall in Car Sales to Thwart Market Development During Coronavirus

    The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Europe and North America are expected to experience heavy losses in 2020.

    Regional Analysis:

    High Adoption of Tinting Films to Boost Growth in Asia Pacific

    The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others.

    Information Source:

    https://www.fortunebusinessinsights.com/automotive-tinting-films-market-102312
    Automotive Tinting Film Market Size, Share & Forecast 2027 The global automotive tinting film industry size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019 The whole world is battling with the newly discovered coronavirus. The government authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused instabilities in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly. Market Driver: Surging Carbon Emissions to Spur Business Opportunities The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period. Market Restraint Drastic Fall in Car Sales to Thwart Market Development During Coronavirus The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Europe and North America are expected to experience heavy losses in 2020. Regional Analysis: High Adoption of Tinting Films to Boost Growth in Asia Pacific The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others. Information Source: https://www.fortunebusinessinsights.com/automotive-tinting-films-market-102312
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Automotive Tinting Film Market Size, Share | Global Report [2020-2027]
    The global automotive tinting film market size was valued at $1,450.1 Mn in 2019 & is projected to reach $1,679.2 Mn by 2027, at a CAGR of 3.8% in forecast period
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