[May, 2017] The global frozen food market is set to witness a higher CAGR of 6.15% during the period 2017-2021. Frozen foods are in high demand and the market experiences a cumulative growth as the products fall under various flavors with an authentic branding. The frozen food market is highly driven by rise in working population that demand ready-to-eat meals coupled with presence of e-Commerce channels. Availability of refrigeration for commercial and industrial freezing is likely to benefit the market growth in the forecast period. Minimal transportation costs and ease of consumption strengthens the market demand. Apart, manufacturers have now adopted novel policies for product preparation and packaging. However, cheap substitutes with no standardization and lack of authentic packaging might hinder the market growth in the forecast period. Frozen food market is segmented by products, which include fruit, vegetables, fish & seafood, canned food products, soups, and ready-to-eat meals. Fish & seafood products account for a significant market share owing to increased demands by working population and rise in disposable income. Geographical segmentation for frozen food market comprise North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe account for significant market share owing to consumer preference for frozen food products with better quality. In addition, stringent norms and regulation for use of artificial flavors and the other food additives in European regions have accounted for the produce of quality products in the recent years. The trend continues to remain the same during the forecast period. Asia-Pacific regions dominate the global market due to rapid market expansion and rise in urbanization. Rise in food outlets and increase in disposable income are likely to contribute to the regional market growth in the forecast period. The prominent players in the frozen food market include General Mills Inc, Ajinomoto Inc, Nestle, Heinz Inc, Unilever Plc, Amy’s Kitchen Inc and Allens Inc.
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About Frozen Food:
Frozen foods are packaged food items that are prepared by freezing the foods to preserved them from the time of their preparation to consumption. The freezing process is usually of two types: mechanical (with a freezing temperature of -30 °F) or flash freezing/cryogenic (with a freezing temperature of -160 °F; this process is usually used for large quantities). With the increasing hectic schedules of consumers and the subsequent demand for quick meals, the popularity of convenience food products is increasing. Improving living standards, growth of urban settlements, and growing working women population is also adding to this new trend in the global frozen food market. Global frozen food market to grow at a CAGR of 6.15% during the period 2017-2021.
Frozen foods are packaged food items that are prepared by freezing the foods to preserved them from the time of their preparation to consumption. The freezing process is usually of two types: mechanical (with a freezing temperature of -30 °F) or flash freezing/cryogenic (with a freezing temperature of -160 °F; this process is usually used for large quantities). With the increasing hectic schedules of consumers and the subsequent demand for quick meals, the popularity of convenience food products is increasing. Improving living standards, growth of urban settlements, and growing working women population is also adding to this new trend in the global frozen food market. Global frozen food market to grow at a CAGR of 6.15% during the period 2017-2021.
Covered in this report:
The report covers the present scenario and the growth prospects of the global frozen food market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of frozen foods sold to individual customers as well as to foodservice customers through various retail outlets, which include, but are not limited to, hypermarkets, supermarkets, convenience stores, independent retailers, discount stores, warehouse clubs, and online channel.
The report covers the present scenario and the growth prospects of the global frozen food market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of frozen foods sold to individual customers as well as to foodservice customers through various retail outlets, which include, but are not limited to, hypermarkets, supermarkets, convenience stores, independent retailers, discount stores, warehouse clubs, and online channel.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
• Americas
• APAC
• EMEA
Global Frozen Food Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors:
• Amy's Kitchen
• Conagra Brands
• McCain Foods
• Tyson Foods
• Amy's Kitchen
• Conagra Brands
• McCain Foods
• Tyson Foods
Other prominent vendors:
• Ajinomoto Windsor
• General Mills
• Greencore
• Kraft Heinz
• Hormel Foods
• Iceland Foods
• Nomad Foods Europe
• Nestle
• FINDUS
• The Hain Celestial
• The Schwan Food Company
• 2 Sisters Food
• Ajinomoto Windsor
• General Mills
• Greencore
• Kraft Heinz
• Hormel Foods
• Iceland Foods
• Nomad Foods Europe
• Nestle
• FINDUS
• The Hain Celestial
• The Schwan Food Company
• 2 Sisters Food
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Market driver:
• Rising urbanization leading to demand for convenient food products.
• For a full, detailed list, view our report
• Rising urbanization leading to demand for convenient food products.
• For a full, detailed list, view our report
Market challenge:
• Increase in consumer preference for fresh food.
• For a full, detailed list, view our report
• Increase in consumer preference for fresh food.
• For a full, detailed list, view our report
Market trend:
• Rise in demand for gluten-free products.
• For a full, detailed list, view our report
• Rise in demand for gluten-free products.
• For a full, detailed list, view our report
Key questions answered in this report:
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Explore Other Reports of this category By Radiant Insights,Inc at:
• Flavor Systems Market–https://www.radiantinsights.com/research/global-flavor-systems-market-research-report-2018
• Food Deaerators Market– https://www.radiantinsights.com/research/global-food-deaerators-market-research-report-2018
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Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
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