Global Frozen Meals Market, By Product Type (Frozen Fruits, Frozen Vegetables, Frozen Meat and Fish, Frozen-Cooked Ready Meals, Frozen Desserts, Frozen Snacks, Others Type (Raw Material, Half Cooked, 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 2027
Market Analysis and Insights : Global Frozen Meals Market
Frozen meals market is expected to grow at a growth rate of 4.50% in the forecast period 2020 to 2027. The growing consumer acceptance and the strong demand for healthy food is the factor for the frozen meals market in the forecast period of 2020 to 2027.
As estimated in the past few years, people are finding less time for cookery at home due to their busy their schedule. This, in turn, is motivating the demand for frozen meals across the world as it can be cooked in less time. Thus, in order to serve better, various manufacturers are launching all kinds of frozen items such as ready meals, meat, frozen potatoes and fish products, which are expected to promote frozen meals market scope over the forecast period of 2020 to 2027.
Also the market is highly driven by the shifting consumer dietary preference. Increasing disposable income, introduction of longer shelf life products, developments in the retail landscape, increasing demand for convenience food, increasing impulse purchasing along with the change in lifestyle leading to high demand for consumption of frozen meals and technological advancements in the cold chain market are driving the demand for frozen meals market. However, the growing preference for fresh and natural food products and the requirement of constant temperature monitoring are expected to hamper the market growth rate. Furthermore, the sudden breakdown of corona virus across the world has considerably surged the demand for frozen meals due to its property of keeping nutrition for long time and higher shelf life when compared to the fresh fruits, vegetables and meat which are also expected to fuel the market growth. Moreover, as digitalization of the retail industry and growing trade of processed food will further generate new opportunities for the frozen meals market in the forecast period of 2020 to 2027.
However, the dearth of cold chain infrastructure in developing economies will pose as a market challenge for frozen meals in the above mentioned forecast period.
This frozen meals 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 meals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Frozen Meals Market Scope and Market Size
Frozen meals 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 meals market is segmented into frozen fruits, frozen vegetables, frozen meat and fish, frozen-cooked ready meals, frozen desserts, frozen snacks and others. Frozen vegetables have further been segmented into frozen potato and others.
- On the basis of type, the frozen meals market is segmented into raw material, half cooked and ready-to-eat.
- The frozen meals market is also segmented on the basis of freezing technique into individual quick freezing (IQF), blast freezing, belt freezing and other.
- Based on consumption, the frozen meals market is segmented into food service and retail.
- The distribution channel is segmented into supermarkets and hypermarkets, convenience stores, online channels and others.
Global Frozen Meals Market Country Level Analysis
Frozen meals market is analyses and market size, volume information is provided by country, product type, type, freezing technique, and consumption and distribution channel as referenced above.
The countries covered in the frozen meals 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 meals market owing to the growing acceptance of long-shelf products amongst the consumers of key markets counting Germany, U.K., and France within this region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2020 to 2027 because of the rising trend of ready-to-eat food among the working-class people and college grads of countries such as China and India within this region.
The country section of the frozen meals 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 Meals Market Share Analysis
Frozen meals 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 meals market.
The major players covered in the frozen meals report are Amy’s Kitchen, Inc., Ardo, Aryzta AG, Bellisio Foods, Inc., Bonduelle, Conagra Brands, Inc., FINDUS, General Mills Inc., Goya Foods, Inc., Iceland Foods Ltd., JBS, The Kraft Heinz Company, McCain Foods Limited, Natures Peak, Nestlé, NICHIREI CORPORATION 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.
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