|02-02-2018 04:39 PM CET - Advertising, Media Consulting, Marketing Research||
Frozen Food Market Is growing at a CAGR of 12.3% during the forecast period of 2017 to 2024
Press release from: Data Bridge Market Research
The Frozen Food market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Frozen Food market for global, Europe, North America, Asia Pacific and South America.
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According to New Research Report The Frozen Food Market accounted to USD 183.2 billion in 2016 growing at a CAGR of 12.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Frozen Food Market By Product Type (RTE Meals, Desserts, Fruits & Vegetables, Fish, Meat & Poultry, Bakery products, Dairy products), By Distribution Channel (Convenience Stores, Supermarket/Hypermarkets, Online Retail, Grocery Stores, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Major Market Drivers:
• Rising standard of living
• Change in lifestyle leading to increased sales of packaged foods
• Increased popularity of frozen food products
• Preference of fresh products
• Lack of infrastructure in developing regions
Frozen food products are gaining importance due to the increased demand of packaged foods which has longer shelf life. The changing lifestyle has resulted in rising sales of frozen products.
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• By product type:- RTE meals, desserts, fruits & vegetables, fish, meat & poultry, bakery products, dairy products.
• By distribution channel:- convenience stores, supermarket/hypermarkets, online retail, grocery stores, others.
On the basis of geography:-
• North America,
• South America,
• Asia-Pacific and Middle East & Africa.
Major Market Competitors:
• Ajinomoto Co., Inc.,
• Amy’s Kitchen, Inc.,
• Ardo N.V.,
• Arena Agroindustrie Alimentari SPA,
• Bellisio Foods, Inc.,
• Bonduelle SCA,
• Conagra Foods, Inc.,
• Findus Group,
• General Mills, Inc.,
• Goya Foods, Inc.,
• H.J. Heinz Company,
• Iceland Foods Ltd.,
• Kraft Food, Inc.,
• Mccain Foods Limited,
• Nature’s Peak, LIC.,
• Nestlé SA,
• Nichirei Corporation,
• Northern Foods PLC,
• among others.
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Key Questions Answered in This Report:-
What will the market growth rate, Overview and Analysis by Type of Frozen Food Market in 2024?
What are the key factors driving, Analysis by Applications and Frozen Food Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Frozen Food Market?
What are Opportunities, Risk and Driving Force of Frozen Food Market?
What are the opportunities and threats faced by the vendors in Frozen Food Market?
Business Overview by Type, Applications, Gross Margin and Market Share
What are the Frozen Food Market opportunities, market risk and market overview of the Market?
About Data Bridge Market Research:
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This release was published on openPR.
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