Frozen Food Market Research Report

 

The market report offers comprehensive coverage of all important factors such as market drivers, leading players, latest trends, and consumer insights. The increasing development of retail channels in the form of hypermarkets, convenience stores, and supermarkets, rising advancements in cold chain technology, and growing adoption of convenience food are the key factors driving the growth of the frozen food market.

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Frozen Food Market Overview: (Including market share, size, trends, statistics, growth, forecast, and industry analysis)

Market Drivers, Trends & Restraints:

The increasing development of retail channels in the form of hypermarkets, convenience stores, and supermarkets, rising advancements in cold chain technology, and growing adoption of convenience food are the major factors surging the growth of the global frozen food market. As per the frozen food industry statistics, the increasing per capita income and on-the-go consumption globally will fuel the growth of the global frozen food market in the upcoming years. The rising purchasing power of the consumers owing to their growing disposable income, increasing population of working professionals, and constantly changing lifestyle of consumers are certain factors that are expected to bolster the demand of the market. The rising business of processed food and continuous digitalization are the emerging frozen food market trends that are responsible for the market growth. On the other hand, the factors hampering the market growth include limited cold chain infrastructure and a rising preference for fresh food products.

Regional Drivers:

Based on the region, Europe is projected to increase at a higher CAGR during the forecast period. This is attributed to the strong demand for the extended, refrigerated shelf life of food, and safety. Furthermore, the rigorous government regulations for preventing the quality of food products and favorable regulations for food preservation is further accelerating the growth of the frozen food market in the region.

Competitive Landscape:

The notable players in the Frozen Food Market are as follows:

·        General Mills, Inc.

·        Conagra Brands, Inc.

·        Bimbo Group

·        Nestle

·        Unilever

·        Kellogg Co.

·        McCain Foods Limited

·        The Kraft Heinz Company

·        Associated British Foods plc

·        Ajinomoto Co., Inc.

Market Segmentation

Frozen Food Market by Product:

·        Fruits & Vegetables

o   Frozen Fruits

o   Frozen Vegetables

§  Frozen Potatoes

§  Other Vegetables

·        Dairy Products

·        Bakery Products

o   Breads & Pizza Crusts

o   Other Bakery Products

·        Meat & Seafood Products

·        Convenience Foods & Ready Meals

·        Others

Frozen Food Market by Type:

·        Raw Material

·        Half-Cooked

·        Ready-To-Eat

Frozen Food Market by Consumption:

·        Food Service

·        Retail

Frozen Food Market by Distribution Channel:

·        Offline

·        Online

Frozen Food Market by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About Noah Research

Noah Research is a market research and consulting firm which provides extensive industry & market research to help businesses around the world in making the toughest business decision. We provide the most comprehensive coverage of any focus industry while ensuring a holistic and deep understanding of the particular market through actionable data. We cover both aspects of the market, the traditional well-established market and the niche markets, especially in the emerging economies. Our clients rely on us to produce reliable, accurate, and timely information. We not only focus on offering the best possible solution in optimal timeframe but also ensures that the trust of our clients is always maintained. We at Noah Research are looking forward in helping businesses to gain a competitive advantage in the specific industry.

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