Global Frozen Food Market Analysis: Overview
Food products are maintained at temperatures where moisture within the food products remains in the solid state, these food products are known as frozen foods. The factors that have contributed for the wide availability of the frozen food products include busy lifestyle, change in consumer purchasing patterns, changing the eating habits and the increasing number of working women. It is also considered as next generation of convenient ready foods. Due to the busy lifestyle and fast-paced life, there is less time available for cooking. The basic concept of frozen food is preserving the food items at fixed temperature so that the moisture content within food remain unharmed so that it can be stored for a longer period. It offers a variety of food items and thus breaks the habit of consumer’s monotonous eating menu.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Frozen Food Market Analysis: Growth Factors
Changing lifestyles and improved standard of living are major factors responsible for the global frozen food market analysis growth. Instant foods, frozen foods, and ready-to-eat meals are getting popular globally owing to the consumers shift towards meals that can be cooked within a short time. In addition, the number of working women and female entrepreneurs across the globe have increased considerably thus contributing to the market growth. Frozen vegetables and fruits contributed the largest market share due to the availability of advance freezing technologies which extends the shelf life thus fostering the global frozen food market analysis in future. The freshness of the food items is maintained thus the consumers mainly the working class people consider it a good option hence positively influencing the global market growth.
Global Frozen Food Market Analysis: Segmentation
The global frozen food market analysis is categorized based on the products such as frozen potatoes, frozen ready meals, frozen fruits and vegetables, frozen fish/seafood and frozen soup. Out of these, frozen ready meal segment is largest among the others. They include snacks, instant noodles, pasta, nuggets, frozen pizza, jams, confectionery and dairy products entrees, cheese, desserts and others. The different end users of the frozen food market include food service industry and retail users.
Global Frozen Food Market Analysis: Regional Analysis
Europe is the region that dominates the frozen food market analysis and accommodates for the highest market share. The population in the European region largely depends on the packaged foods which are considered to be hygienic thus showing remarkable growth in this region. The market in the Asia Pacific region is growing slowly due to cultural barriers, non-acceptance of frozen foods over fresh foods and comparatively less population of working women. Apparently, the region is expected to encounter the highest growth in the near future. In addition, emerging economies such as China and India are anticipated to witness the growth in the future owing to rising manpower coupled with increasing disposable incomes.
Global Frozen Food Market Analysis: Competitive Players
Major players in the global frozen food market analysis are Unilever Plc, Birds Eye Foods, Inc., Tyson Foods, Inc., Nestle, ConAgra Foods, Inc., Ajinomoto Co., Inc. and The Schwan Food Company. Other influencing players include Maple Leaf Foods, Inc., Heinz and Amy’s Kitchen, Inc., McCain Foods, General Mills Inc., Iceland Foods Ltd. and Allens, Inc.
Global Frozen Food Market Analysis: Regional Segment Analysis
What Report Provides