Global Frozen Food Market provides an in depth insight of sales and trends forecast to 2023

Frozen Food Market

Summary

The foods which can be stored and used over a long period of time such as ready-to-eat meals, fruits & vegetables, meat & poultry, seafood, soups, and a similar array of products are frozen foods. The key ingredients used for preparing frozen foods include frozen meat, seafood, frozen pizza crust, bread, frozen dough, potatoes, and vegetables.

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Growing demand and consumption of frozen food in emerging economies in the Asian region; busy lifestyles of the working class in western regions who prefer ready-to-eat foods instead of wasting time on cooking meals; and changing consumer preferences & tastes are the key factors driving the market demand. Rising demand of women in the workforce in various emerging and developed nations will boost the market demand in the coming years.

Major Players in Frozen Food market are: Nestle, Nomad Foods, Bonduelle, Charal, Findus Group, FrosTA, Mascato Spain, Dr. August Oetker, McCain Foods, Orogel Group.

Major Regions play vital role in Frozen Food market are: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Asia-Pacific To Dominate The Market In The Coming Years

Asia-Pacific is expected to witness the highest CAGR over the forecast period due to the rapid growth of food outlets in emerging economies such as India, Singapore, Indonesia, Malaysia and China. Increasing urbanization coupled with rising disposable income will surge the market growth in this region.

North America is anticipated to grow significantly over the forecast period owing to increasing urbanization coupled with increased opportunities for the key participants. Europe accounted for the largest share of the overall market in 2013 with a market value of USD 44,683 million. The region is expected to show an impressive growth owing to highest consumption of frozen foods in the region.  

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Constant Improvements In The Food Industry To Create Lucrative Opportunities For The Frozen Foods Market Globally

Technological advancements and constant improvements in the food production-distribution market will surge lucrative opportunities for the frozen foods market during the forecast period. For instance, MacCain is a leading the Indian frozen food market and is growing at a considerable rate because of its adoption to the traditional food habits of customers; for example, it launched local food variants in India. Additionally, the rising demand for ready-to-eat food will propel the market growth in the coming years.

Scope of the Report:

Global Frozen Food Market: Type Outlook: Frozen Ready Meals, Frozen Fish and Seafood, Frozen Meat Products, Frozen Pizza, Frozen Potato Products, Frozen Bakery Products.

Global Frozen Food Market: Application Outlook: Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores, Specialist Retailers.

Improving Packaging Techniques Would Attract Customers Towards The Market

The top four companies dominate the global frozen foods market over the forecast period with a global market share of approximately 19% collectively. Growing consumption of frozen foods influence companies in the global food & beverages industry to enter into the division of frozen foods. Moreover, packaging techniques are one of the key trends that will likely attract the customers, hence propelling the market demand.

There are 8 Chapters to thoroughly display the Frozen Food market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.

Chapter 1: Frozen Food Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.

Chapter 2: Frozen Food Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.

Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Frozen Food.

Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Frozen Food.

Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Frozen Food by Regions (2013-2018).

Chapter 6: Frozen Food Production, Consumption, Export and Import by Regions (2013-2018).

Chapter 7: Frozen Food Market Status and SWOT Analysis by Regions.

Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Frozen Food.

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In the end, Frozen Food Industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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