Frozen Processed Foods Market Hold a Prominent Position By 2027 | Major Players Tyson Foods Inc., BRF S.A., Unilever plc, General Mill, Nestle S.A., ConAgra Foods, Inc., Kellogg's, Mars, Inc.

Frozen Processed Foods Market Overview

Processed food includes food that has been cooked, canned, frozen, packaged for preserving or preparing in different ways. Frozen processed foods are meant to last for a longer time so that it can be transported from one place to another without compromising the quality. The global frozen processed foods market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global frozen processed foods market is expected to witness significant growth during the forecast period, owing to increasing demand for convenience food in the market.

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Frozen Processed Foods Market Drivers

Technological advancements in the cold chain industry are expected to drive growth of the global frozen processed food market during the forecast period. For instance, in March 2020, Maersk, a Danish shipping company, launched a new India-Europe cold chain for grapes exporters in India and Northern Europe. Thus, these factors are expected to drive growth of the global frozen processed foods market during the forecast period. Moreover, increasing demand for convenience food in the market is expected to boost the global frozen processed foods market growth over the forecast period.

Frozen Processed Foods Market Restraint

Increasing preference for fresh and natural food products combined with a lack of cold chain infrastructure in emerging economies is expected to restrain growth of the global frozen processed foods market during the forecast period.

Regional Insights

Among regions, North America is expected to witness significant growth in the global frozen processed foods market during the forecast period. This is owing to a higher consumer inclination towards convenience foods in the market. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to rising working population and rapid urbanization in the region.

Competitive Section

Major companies involved in the global frozen processed foods market are
-- Tyson Foods Inc.
-- BRF S.A.
-- Unilever plc
-- General Mill
-- Nestle S.A.
-- ConAgra Foods, Inc.
-- Kellogg's
-- Mars, Inc.

For instance, in April 2020, Nestle S.A., a Swiss food and drink processing company, introduced Life Cuisine, a new brand of frozen foods including frozen bowls, pizzas, and egg bites.

Market Segmentation:

Product Type Segmentation
-- Livestock and Ooultry
-- Aquatic Oroducts

Industry Segmentation
-- Supermarket
-- Convenience Store
-- Online Stores

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This release was published on openPR.