Frozen Food Market To Gain 4.5% of CAGR Due to Increasing Preference Towards Convenience Food / Ready to Eat Food by 2026

Frozen Food Market

Global Frozen Food Market is valued approximately at USD 280.2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2019-2026. Frozen foods are foods stored beneath zero-degree temperature for maintaining their moisture content at a solidified state, which will help frozen food to be preserved for a longer time than fresh food. The shift in consumer lifestyle which is influencing consumers towards ready to eat food products on account of saving cooking time has enhanced the growth of this market over the forecast period. Freezing or refrigeration provides seasonal foods and refrigeration facilitates consumers to preserve their food products for future use. Factors such as increasing demand for processed food products and livestock-based products is increasing the demand of the market. The rising global population along with the growing need for increased food production with less dependency on climatic conditions is augmenting the demand for Frozen Food. The customer mostly prefers cooked and semi-cooked ready-to-eat food, soups, and meat will boost the growth of the global Frozen Food market over the forecast period of 2019-2026.

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The regional analysis of global Frozen Food Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the strongest economies and widespread industries, which create high capital investment capabilities. Whereas, Europe is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing population, high disposable income, and implementation of various technologies in frozen food industries would create lucrative growth prospects for the Frozen Food Market across the European region.

Major market player included in this report are:

• General Mills Inc.
• Conagra Brands, Inc.
• Grupo Bimbo S.A.B. De C.V.
• Nestle SA
• Unilever
• Kellogg Company
• Mccain Foods Limited
• The Kraft Heinz Company
• Associated British Foods Plc
• Ajinomoto

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Product Type:

• Frozen Ready Meals
• Frozen Meat & Poultry
• Frozen Sea Food
• Frozen Vegetable & fruits
• Frozen Potatoes
• Frozen Soups

By User:

• Food Service Industry
• Retail Customers

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Rest of the World

Furthermore, years considered for the study are as follows:

• Historical year – 2016-,2017
• Base year – 2018
• Forecast period – 2019 to 2026

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Target Audience of the Global Frozen Food  Market in Market Study:

• Key Consulting Companies & Advisors
• Large, medium-sized, and small enterprises
• Venture capitalists
• Value-Added Resellers VARs
• Third-party knowledge providers
• Investment bankers
• Investors

Table of Content Covers the Topics mentioned below

• Executive Summary
• Global Frozen Food Market Definition and Scope
• Global Frozen Food Market Dynamics
• Global Frozen Food Market Industry Analysis
• Global Frozen Food Market, by Product Type
• Global Frozen Food MARKET, by User
• Global Frozen Food Market, by Regional Analysis
• Competitive Intelligence
• Research Process

Global Frozen Food Market Customization of the Report:

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