Press release
Europe Frozen Food Market international business Share, Size, Growth Analysis, Revenue, Trends and Forecast 2022 to 2028
The frozen food market in Europe is expected to grow from US$ 86.62 billion in 2022 to US$ 117.250 billion by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028.Rise in e-commerce is the major factor driving the growth of the Europe frozen food market. n recent years, there has been a massive transformation in the organized retail sector in many countries in the region. E-commerce has led to considerable changes in the way people shop and spend their money. The increasing penetration of smartphones and the internet, easy access to emerging technologies, a surge in purchasing power, and convenience provided by online retail platforms (in terms of shopping from anywhere at any time) are among the key factors bolstering e-commerce. Further, people are increasingly preferring online retail platforms for purchasing frozen foods. The online sales of food and beverages rose significantly during the COVID-19 pandemic due to the shutdown of brick-and-mortar stores and the imposition of social restrictions by governments. As people's movement was constrained by lockdowns and they were compelled to work from their homes, there was a substantial shift to online shopping.
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The Key Players during this market are:
Bellisio Foods, Inc.
Bonduelle Group
General Mills
Kellogg's Company
McCain Foods Limited
Nestle S.A.
The Kraft Heinz Company
Tyson Foods, Inc.
Analysis of the Top Market Players:
Competition may be a major subject in any marketing research analysis. This is a report provided with the help of the competitive analysis provided the players can simply study key strategies adopted by leading players in the Europe Frozen Food market till 2030. Major and emerging players of the market are closely studied taking into consideration their market share, product portfolio, revenue, sales growth, and other significant factors. This will help players to become familiar with the moves of their top competitors within the market.
In this report, the market has been segmented on the basis of:
The Europe frozen food market is segmented on the basis of type, distribution channel, and country. Based on type, the market is segmented into frozen desserts; frozen bakery; frozen meat, poultry, and seafood; frozen ready meals; frozen snacks and appetizers; and others. The meat, poultry, and seafood segment is expected to hold the largest market share during the forecast period. Based on distribution, the Europe frozen food market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The online retail segment is projected to register the highest CAGR in the market due convenience associated with online buying and product delivery options.
Scope of Europe Frozen Food Market during 2022 to 2030:
Europe Frozen Food Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. Complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive market research and vendor landscape in additionally to a SWOT analysis of the key vendors.
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Key Highlights of the Europe Frozen Food Market Research Report:
The report summarizes the Europe Frozen Food Market by stating the basic product definition, applications, product scope, product price and value, supply and demand ratio, and market summery.
Competitive landscape of all leading key players together with their business strategies, approaches, and latest Europe Frozen Food market movements.
It elements market feasibility investment, opportunities, growth factors, restraints, market risks, and Europe Frozen Food business driving forces.
It performs a comprehensive study of emerging players within the Europe Frozen Food business together with the present ones.
It accomplishes primary and secondary analysis and resources to estimate top products, market size, and industrial partnerships of Europe Frozen Food business.
Europe Frozen Food market report ends by articulating research findings, data sources, and results, list of dealers, sales channels, businesses, and distributors along with an appendix.
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Key Questions | Answered included in Sample Report:
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-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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