Global Frozen Foods Market By Product Type (Fruits and Vegetables, Bakery Products, Frozen Dairy Products, Meat and Seafood Products, Convenience Foods and Ready Meals, Others), Type (Half Cooked, Raw Material, Ready-to-Eat), Freezing Technique (Individual Quick Freezing (IQF), Blast Freezing, Belt Freezing, Other) Consumption (Food Service, Retail), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Channels, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The frozen foods market is expected to grow at a growth rate of 4.15% in the forecast period 2021 to 2028. The growing consumer acceptance and the strong demand for healthy food is the factor for the frozen foods market in the forecast period of 2021 to 2028.
The frozen foods are the type foods products which are kept at a certain temperature with all the moisture in them and are stored in a solid form. The main purpose of these frozen foods is to make the cooking course easier for consumers and have a longer shelf life.
The major factor responsible for the growth of the frozen foods market less time for cooking at home due to one’s busy schedule and thus expected to endorse frozen foods market scope over the forecast period of 2021 to 2028. Also the market is highly driven by the rapidly shifting consumer dietary preference. Increasing disposable income, developments in the retail landscape, introduction of longer shelf life products, rising impulse purchasing, increasing demand for convenience food along with the rapid change in lifestyle leading to high demand for consumption of frozen foods and technological progression in the cold chain market are driving the demand for frozen foods market. Furthermore, the unexpected breakdown of COVID-19 across the globe has significantly surged the demand for frozen foods owing to its property of keeping nutrition for long time and higher shelf life as compared to other fresh fruits, vegetables and meat which are also likely to fuel the market growth.
Moreover, as increasing digitalization in the retail industry and rapidly rising trade of processed food will further generate new opportunities for the frozen foods market in the forecast period of 2021 to 2028.
However, the growing preference for fresh and natural food products and the increasing need of constant temperature monitoring are expected to obstruct the frozen foods market growth rate, whereas the lack of cold chain infrastructure in developing economies will pose as a market challenge for frozen foods in the above mentioned forecast period.
This frozen foods market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on frozen foods market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Frozen Foods Market Scope and Market Size
The frozen foods market is segmented on the basis of product type, type, freezing technique, consumption and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the frozen foods market is segmented into fruits and vegetables, frozen dairy products, bakery products, meat and seafood products, convenience foods and ready meals, others. Fruits and vegetables have further been segmented into frozen fruits and frozen vegetables. Frozen vegetables have further been sub-segmented into frozen potato and others. Bakery products have further been segmented into bread and pizza crusts and others.
- On the basis of type, the frozen foods market is segmented into raw material, half cooked and ready-to-eat.
- The frozen foods market is also segmented on the basis of into individual quick freezing (IQF), blast freezing, belt freezing and other.
- Based on consumption, the frozen foods market is segmented into food service and retail.
- The distribution channel of the frozen foods market is segmented into supermarkets and hypermarkets, convenience stores, online channels and others.
Frozen Foods Market Country Level Analysis
The frozen foods market is analyses and market size, volume information is provided by country, product type, type, freezing technique, consumption and distribution channel as referenced above.
The countries covered in the frozen foods market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe leads the frozen foods owing to the increasing rapid urbanization, population growth, and the increase in consumer awareness regarding the benefits of frozen food within this region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the growing trend of ready-to-eat food among the working-class people and college grads of emerging countries such as India and China within this region.
The country section of the frozen foods market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Frozen Foods Market Share Analysis
The frozen foods market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to frozen foods market.
The major players covered in the frozen foods report are Ardo, Aryzta AG, Amy’s Kitchen, Inc., Bellisio Foods, Inc., Bonduelle, FINDUS, General Mills Inc., Goya Foods, Inc., Iceland Foods Ltd., JBS, Nestlé, Ajinomoto Foods North America, The Kraft Heinz Company, Natures Peak, Conagra Brands, Inc.,, McCain Foods Limited, Greenyard, NICHIREI CORPORATION, Vinayak Foods Group and Northern Foods PLC, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Frozen Foods Market
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