Report forecast the 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.
Browse This Report - Global Frozen Food Market 2017 - 2021
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
According to the report, one driver in market is growing
desire for convenience. The demand for ready-to-eat or convenience food has
risen over time due to busy schedules and change in eating habits. Due to
hectic lifestyles, consumers prefer frozen foods that reduce the preparation or
cooking time and clean-up time. Further, the tendency to have more leisure time
among consumers is increasing, which, in turn, is leading to the increase in
demand for convenience food products such as frozen foods. Preparing freshly
cooked food requires many pre- as well as post-cooking requirements. Frozen
food provides convenient solutions during meal time by offering meal kits like
frozen canned soup or frozen ready-to-eat meal box. Frozen food is available in
a wide range, from entrees to full meal kits, from American style breakfast to
Asian cuisines. In the UK, children's frozen ready meals are also seeing
consistent growth due to busy lifestyles of parents. Kiddyum, a UK-based brand,
specializes in frozen foods for children.
Further, the report states that one challenges in market is
increase in consumer preference for fresh food. The growing health
consciousness and demand for fresh food are constant threats to the frozen food
industry. The adoption of fresh foods is high among young consumers. Consumers
consider frozen food to be stale whereas fresh food offers better nutrition
value — a factor that is causing a shift in the consumption pattern. In recent
years, there has been a drastic rise in the occurrence of health problems such
as diabetes, digestive disorders, allergies, and obesity in the global
population. Hence, people have increasingly become health conscious and are
following a healthy diet, which is fueling the demand for fresh foods to
prevent or reduce the occurrence of health problems. The health-conscious
population segment demands foods with fewer calories and essential nutrients.
Hence, healthy eating habits have increased the demand for fresh foods as they
are unprocessed and contain vitamins, fibers, and naturally occurring minerals.
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 players in the global frozen food market: Amy’s Kitchen,
Conagra Brands, McCain Foods, and Tyson Foods.
Other Prominent Vendors in the market are: Ajinomoto
Windsor, General Mills, Greencore, Kraft Heinz, Hormel Foods, Iceland Foods,
Nomad Foods Europe, Nestlé, FINDUS, The Hain Celestial, The Schwan Food
Company, and 2 Sisters Food.
Market driver
- 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
Market trend
- 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?
Spanning over 70 pages “Global Frozen Food
Market 2017 - 2021” report
covers Executive summary, Scope of the report, Research Methodology,
Introduction, Market landscape, Market segmentation by product type,
Geographical segmentation, Market segmentation by distribution channel, Key
leading countries, Decision framework, Drivers and challenges, Market trends,
Competitor analysis, Appendix.
Please visit this link for more details: http://mrr.cm/UMg
For related reports please visit: FrozenFood Market Research Reports
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and Beverages Reports
at: http://www.marketresearchreports.com/food-beverages
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