Press release
Frozen Food Market Worth $156.4 Billion by value in 2020
Busy life schedule is influencing consumers to shift their dietary preferences towards ready-to-eat food products. Hence, frozen foods have become an important part of modern diet. Freezing or refrigeration allows consumers to have access to foods which were either unavailable or available only during particular season. Also, freezing helps the consumers to preserve their food products for future use. Availability of wide range of frozen food products in different food categories is the factor driving the global frozen food market. Other driving factors are changing customer purchasing pattern and increasing urban population. Additionally, increasing number of working women is driving the global frozen food market. Majority of working women in the western countries don’t cook food at home. According to U.S. Department of Labor in 2013, there were 127.1 million working women in the U.S. which is expected to reach 202.0 million by 2022.
Europe has the largest market share for frozen food, followed by North America and Asia Pacific. In Asia Pacific, economic developments paired with increasing urbanization and disposable income are some factors driving the frozen food market in the Asia-Pacific region. Owing to these factors, Asia Pacific is expected to witness highest growth in the forecasted period.
Global frozen food market grew from USD 1,11,400.0 million in 2010 to USD 1,22,084.6 million in 2013 at a CAGR of 3.1% in value terms. Under regional segment, the European frozen food market (largest market in 2013) increased by 2.8% CAGR during 2010-2013. The Asia-Pacific frozen food market is expected to show highest CAGR growth of 6.0% during 2014-2020 to reach USD 46,014.4 million in 2020.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3374
Under product segments, frozen ready meals market (largest market in 2013) increased by 3.3% CAGR during 2010-2013. In terms of volume, the frozen ready meals market increased to reach 6,205.2 million kg in 2013.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/frozen-food-market/toc
The global Frozen food market is highly fragmented, with the top four companies holding 19% market share. Nestle and H.J. Heinz Company are among some of the major companies operating at the global scale. The lower market share of H.J. Heinz Company can majorly attributed to its less number of product offering compared to Nestle. BRF SA (Brazil) and Mother Dairy Fruit & Vegetable Pvt. Ltd. (India) are some of the companies operating at regional level and dominating the market.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/3374
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Frozen Food Market Worth $156.4 Billion by value in 2020 here
News-ID: 435133 • Views: …
More Releases from Persistence Market Research
Bean Bag Chairs Market to Reach US$ 8.49 billion by 2032, Reports Persistence Ma …
The global bean bag chairs market is witnessing robust growth, fueled by rising consumer inclination toward ergonomic seating, evolving interior décor trends, and increasing adoption of lightweight and versatile furniture across residential and commercial environments. Bean bag chairs have transitioned from casual, youth-centric seating to mainstream furniture solutions, offering comfort, flexibility, and modern aesthetics.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/31535
…
Toilet Rim Block Market Set for Robust Growth, Reaching US$2.9 Bn by 2031
The global toilet rim block market is witnessing strong and steady growth, driven by rising consumer focus on hygiene, increasing demand for convenient cleaning solutions, and rapid expansion of home care product innovation. As sanitation standards continue to gain importance globally, toilet rim blocks have emerged as a simple yet highly effective solution for maintaining freshness, stain prevention, and continuous cleaning action in households and commercial washrooms.
Get a Sample PDF…
Tennis Equipment Market Set for Steady Growth, Reaching US$2.5 Bn by 2030 - PMR …
The global tennis equipment market is witnessing stable growth, driven by rising sports participation, increasing interest in recreational activities, and the growing influence of professional tournaments worldwide. As tennis continues to expand its reach across emerging markets, demand for high-quality and performance-oriented equipment is gaining momentum. From rackets and balls to footwear, apparel, and accessories, innovation and player-centric design remain at the forefront of industry developments.
Get a Sample PDF Brochure…
Mineral Sunscreen Market to Reach US$2.3 billion by 2030 Amid Rising Demand for …
Market Introduction and Definition
The mineral sunscreen market is anticipated to witness substantial growth from 2023 to 2030, driven by increasing awareness about the harmful effects of UV radiation on the skin and a growing emphasis on skin health. Consumers' rising preference for natural and organic ingredients in personal care products, coupled with concerns about chemical sunscreens, is boosting the demand for mineral-based alternatives. The market is expected to benefit from…
More Releases for Frozen
Prominent Frozen Shrimp Market Trend for 2025: Innovation in the Frozen Shrimp M …
What Are the Projected Growth and Market Size Trends for the Frozen Shrimp Market?
The size of the frozen shrimp market has seen substantial growth over the past few years. The market is set to expand from $24 billion in 2024 to $26.23 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.3%. This growth previously observed was due to various factors, such as the growing customer demand for…
Frozen Food Market (2020 to 2026) - Global Industry Analysis, Size, Share, Growt …
The Global Frozen Food market is anticipated to reach the market valuation of US$ 320.06 billion by 2026 growing with a CAGR of 4.6% during the forecasted period (2020-2026) from US$ 232.42 billion in 2019. In reality, families that include frozen foods in their daily routine can have a better quality of diet. There are plenty of chances to find anything you want with so many options in the frozen…
Frozen Food Market: By Type Frozen Ready-To-Eat Meals, Frozen Meat and Poultry, …
Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing). The freezing…
Global Frozen Potatoes Market Research Report 2019 by types | Frozen Chips, Froz …
Frozen Potatoes Market
The report provides a global analysis of Frozen Potatoes Market data from 2019 to 2025. The report reveals the overview, chain structure, and illustrate the industry’s current situation, evaluate global market volume/share. The market report studies key player’s Profiles/Analysis, product insights, regional analysis insights, product types, and product application insights. The market has been qualified based on a comprehensive market analysis with inputs from industry experts.
Have Questions? Request a…
Frozen Finger Chips (Frozen French Fries) Market
https://www.qandqmarketresearch.com/reports/7031292/frozen-finger-chips-frozen-french-fries-market-107
This report studies the global market size of Frozen Finger Chips Frozen French Fries in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Frozen Finger Chips Frozen French Fries in these regions.
This research report categorizes the global Frozen Finger Chips Frozen French Fries market by players/brands, region, type and application. This report also studies the global…
Frozen Food Market analysis report- with Leading players and Major Types: Frozen …
Frozen Food Market
Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing).
To…
