Frozen Food Market Outlook, Global Size, Segmentation and Industry Analysis 2023-2028

The latest report published by IMARC Group, titled "Frozen Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global frozen food market size reached US$ 242.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 312.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.

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Frozen Food Market Trends:

Innovations in freezing technologies, such as individually quick freezing (IQF), are improving the quality of frozen products which represents one of the key factors driving the growth of the market across the globe. IQF maintains the texture and flavor of individual items, which contributes to a premium sensory experience, thus fueling the growth of the market.

The market is also driven by the growth of e-commerce platforms and home delivery services which is facilitating greater access to frozen food products. Online shopping provides convenience, variety, and the ability to stock up on essentials, which is propelling the market growth. In addition to this, advanced freezing techniques preserve the nutritional content of foods, locking in vitamins, minerals, and antioxidants which is facilitating the growth of the market. This is leading to the perception that frozen foods offer comparable nutritional value to fresh alternatives, which is creating a positive outlook for the market across the globe.

Frozen Food Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the frozen food market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Ajinomoto Co. Inc.
• Aryzta A.G.
• Associated British Foods plc
• Bellisio Foods Inc. (Charoen Pokphand Foods)
• Cargill Incorporated
• Conagra Brands Inc.
• General Mills Inc.
• The Kraft Heinz Company
• JBS S.A.
• Jeanie Marshal Foods Ltd
• Kellogg Company
• McCain Foods Limited
• Nestlé S.A.
• Wawona Frozen Foods

Key Market Segmentation:

The report has segmented the global frozen food market based on product type, frozen vegetable snacks, frozen meat products, frozen vegetables, frozen fruits and region.

Breakup by Product Type:

• Frozen Vegetable Snacks
• Frozen Meat Products
• Frozen Vegetables and Fruits

Frozen Vegetable Snacks Breakup by Type:

• French Fries
• Bites, Wedges and Smileys
• Aloo Tikki
• Nuggets
• Others

Frozen Meat Products Breakup by Type:

• Chicken
• Fish
• Pork
• Mutton
• Others

Frozen Vegetables Breakup by Type:

• Green Peas
• Corn
• Mixed Vegetables
• Carrot
• Cauliflower
• Others

Frozen Fruits Breakup by Type:

• Strawberries
• Berries (Raspberries, Blueberries and Blackberries)
• Cherries
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3501&flag=C

Industry Definition and Application:

Frozen food refers to food items that have been preserved by subjecting them to very low temperatures, typically below the freezing point of water. This process involves rapidly reducing the temperature of the food to a level where the growth of microorganisms, enzymes, and other factors that lead to spoilage and degradation is significantly slowed down or halted. As a result, frozen foods can be stored for longer periods without a substantial loss of quality or nutritional value. The freezing process involves the use of specialized equipment to lower the temperature of the food rapidly. This prevents the formation of large ice crystals that can damage the texture and structure of the food.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.