The global vegan frozen pizza market is expected to be valued at $854 million in 2023 and to reach a valuation of $1.9 billion by 2033, according to a new report.
The report by Future Market Insights found that from 2023 to 2033 the market will see a compound annual growth rate of 9.3% CAGR, with the U.K., the U.S., China, and India emerging as key producers.
“Companies are focusing on improving the taste and quality of their vegan frozen pizzas to make them more appealing to a wider range of consumers”, notes the report. “They are using high-quality, non-GMO and organic ingredients to enhance the flavor and nutritional value of the pizzas. This is helping them to attract new customers who are looking for healthier and more natural food options.”
The report states that companies are also “introducing a wide range of flavors to cater to different taste preferences. They are introducing new toppings and sauces to make their pizzas more appealing to customers. This allows them to target a wider customer base and attract customers who have different taste preferences. Some companies are also introducing limited edition flavors to keep their product offerings fresh and exciting.”
The demand for vegan frozen pizza is likely to grow due to the growing opportunities in the market. finds the report. The competitive landscape of the plant-based frozen pizza market is “highly fragmented with a large number of small and large players operating in the market.” The market is characterized by the presence of several established players such as Dr. Oetker, Amy’s Kitchen, Conagra Brands, Nestle, and Tofurky. These players have a strong presence in the market and are known for their high-quality products and wide product range. They have a strong distribution network and have established a strong brand image in the market.
In addition to the established players, “there are also a number of small and medium-sized enterprises that are operating in the market. These players are focusing on niche segments and are known for their specialty products. They have a strong regional presence and are focusing on expanding their distribution network. They are also focusing on developing new and innovative products to attract new customers.”
More information on this report can be found by clicking here.