Frozen Food Market - Factors Driving Growth at a CAGR of 4.03% Post 2018

The Global market for Frozen Food - by End User has witnessed continued demand during the last few years and is projected to grow at a CAGR of 4.03% by 2022 in terms of value.

Frozen food involves basic food chemistry under which food is conserved by a freezing process and kept in a freezer before cooking. Frozen food can be of various types such as ready meals, meat & poultry, vegetables & fruits, soup, sea food and others. Frozen food category offers a greater variety along with better availability of food available all year round. Frozen food offers better stock control, overcome the problem of seasonality and offers longer shelf life which allows advanced purchase and longer term storage. Compared to the fresh food, frozen products contain maximum vitamins and minerals as freezing preserves the products for extended periods without any preservatives and discourages the microbial growth that causes food spoilage.

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With changing lifestyle and evolving dietary pattern, convenience food plays an important role in defining the consumers’ food choices in the modern world. The trend of consumption of convenience food began in western world and spread to other regions rapidly. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, convenience trends are likely to remain significant. The increasing consumption of convenience food is driven by this desire to create more leisure time which means that consumers like to maximize their free time along with their disposable income and spend more time doing the things they value more. The frozen food is considered convenient as there is no need to put in efforts in washing, or in case of frozen fruits & vegetable which doesn’t require peeling and cutting.

Global Frozen Food Market is dominated by retail customers, with registering a CAGR of 4.06%. However, food service is estimated to witness a substantial growth rate of 4.55% during the forecast period. Frozen food are readily available and offers diverse selection to the consumers as they come in multiple brands. Frozen food are commercially available throughout the year, hence overcomes the problem of seasonal shortages and addressing the problem of food security. Frozen fruits and vegetables overcome these challenges countries with shortage of fresh fruits and vegetables, frozen and packed fruit and vegetables is in huge demand. Also, freezing preserves food with no unwanted additives. Fresh fruits and vegetables are wasted due to its natural deterioration process, and low grade storage process. However, frozen fruits and vegetables can be preserved for longer period of time and extended shelf-life.

Through this report Market Research future aims to provide understanding of the Frozen Food Market and assists identification of ongoing trends along with anticipated growth in the coming years. For this research extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted from both supply side and demand side of Global Frozen Food market. The supply side industry experts consisted of CEOs, Directors, Marketing Managers, Sales Mangers, R&D Specialists, Country Manager, and Regional Managers of Frozen Food companies, Retailers, and Distributors amongst others.

List of Tables
• Global Frozen Food Market, By End User (2010-2016), USD Mn
• Global Frozen Food MARKET, BY End User (2017-2023), USD MN
• North America Frozen food Market, By End User (2010-2016), USD bn
• North America Frozen food MARKET, BY End User (2017-2023), USD BN
• Europe Frozen food Market, By End User (2010-2016), USD bn
• Europe Frozen food MARKET, BY End User (2017-2023), USD bN
• Asia pacific Frozen food Market, value (2010-2016), usd bn
• Asia pacific Frozen food Market, value (2017-2023), usd bn
• Rest of the world Frozen food Market, value (2010-2016), usd bn
• Rest of the world Frozen food Market, value (2017-2023), usd bn
•
List of Figures
• Global Frozen Food Market, By End User value (USD), 2017 to 2023,
• North America Frozen Food Market, By End User (USD), 2017 to 2023,
• Europe Frozen Food Market, By End User (USD), 2017 to 2023,
• Asia pacific Frozen Food Market, By End User (USD), 2017 to 2023,

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Browse similar research report of “Europe Frozen Food Market- Forecast to 2022”

Frozen food involves basic food chemistry under which food is conserved by a freezing process and kept in a freezer before cooking. Frozen food can be of various types such as ready meals, meat & poultry, vegetables & fruits, soup, sea food and others. Frozen food category offers a greater variety along with better availability of food available all year round. Frozen food offers better stock control, overcome the problem of seasonality and offers longer shelf life which allows advanced purchase and longer term storage. Compared to the fresh food, frozen products contain maximum vitamins and minerals as freezing preserves the products for extended periods without any preservatives and discourages the microbial growth that causes food spoilage.

With changing lifestyle and evolving dietary pattern, convenience food plays an important role in defining the consumers’ food choices in the modern world. The trend of consumption of convenience food began in western world and spread to other regions rapidly. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, convenience trends are likely to remain significant. The increasing consumption of convenience food is driven by this desire to create more leisure time which means that consumers like to maximize their free time along with their disposable income and spend more time doing the things they value more. The frozen food is considered convenient as there is no need to put in efforts in washing, or in case of frozen fruits & vegetable which doesn’t require peeling and cutting.

The Europe Frozen Food market has been segmented based on product type, end user, distribution channel and country.
The Europe market for Frozen Food - by region has witnessed continued demand during the last few years and is projected to grow at a CAGR of 4.03% by 2022 in terms of value.

Europe Frozen Food Market is dominated by Germany, with registering a CAGR of 4.30%. However, France is estimated to witness a maximum growth rate of 4.38% during the forecast period. Frozen food are readily available and offers diverse selection to the consumers as they come in multiple brands. Frozen food are commercially available throughout the year, hence overcomes the problem of seasonal shortages and addressing the problem of food security. Fresh fruits & vegetables pose the challenges in form of seasonality and wastage affecting the supply chain efficiency. Frozen fruits and vegetables overcome these challenges countries with shortage of fresh fruits and vegetables, frozen and packed fruit and vegetables is in huge demand. Also, freezing preserves food with no unwanted additives. Fresh fruits and vegetables are wasted due to its natural deterioration process, and low grade storage process. However, frozen fruits and vegetables can be preserved for longer period of time and extended shelf-life.

Through this report Market Research future aims to provide understanding of the Frozen Food Market and assists identification of ongoing trends along with anticipated growth in the coming years. For this research extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted from both supply side and demand side of Europe Frozen Food market. The supply side industry experts consisted of CEOs, Directors, Marketing Managers, Sales Mangers, R&D Specialists, Country Manager, and Regional Managers of Frozen Food companies, Retailers, and Distributors amongst others.

Browse Full Report @ https://www.marketresearchfuture.com/statistical-reports/europe-frozen-food-market-3737 .

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