The global market for frozen food by region has witnessed continued demand during the last few years and is projected to grow at a cagr of 4. The global frozen food market is expected to reach usd 307. Global frozen food market is projected to grow at a cagr of 4. The global frozen food market size exceeded usd 250 billion in 2015.
Freezedried food is the best dehydrated food, due to its superior texture and sensory quality after rehydration. Global quickfrozen food market segment outlook, market. Global frozen food market size, market share, application analysis. Changing preferences coupled with busy lifestyle of consumers towards ready to cook meals owing to hygiene and conveniences is anticipated to remain a major driving factor for the whole industry. The frozen food market is a highly fragmented market and comprises of regional and international competitors. Market volume the global frozen food market grew by 2. Frozen food industry overview, competitors strategy. Global industry analysis, size, share, growth, trends, and forecast, 2019 2027. Global frozen seafood market will reach a valuation of us.
Global frozen foods market will expand at a cagr of 3. Market analysts forecast the global frozen food market to grow at a cagr of 6. The global frozen food market is segmented into north america, europe, asia pacific, and rest of the world row. Frozen food market size, share, trends forecast 2024. Frozen food market 2018 rise with a significant and. Frozen foods are at very low risk of contamination because the temperature at which it is stored does not allow any microbes to sustain. May 09, 2019 global frozen food market was valued at usd xx billion in 2017 and is forecasted to reach usd xx billion in 2025 with cagr of xx% during forecast period 20172025. However, europe was the leading market for frozen foods in 2012, contributing to about. Global frozen food market is expected to reach usd 293. Global frozen sea food market executive summary it gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Retail customers of frozen food are individuals and households, whereas business customers include hotel chains, fastfood outlets, caterers, and other business buyers. The forecast study developed by transparency market research projects that over the forecast period, 20172026, the global frozen seafood market will expand at a sluggish cagr of 3.
Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis. The frozen ready meals market holds about 35% of the total market share. The global frozen food market size was estimated at usd 280. This report studies frozen food in global market, especially in north america, china, europe, southeast asia, japan and india, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. The global frozen food market size is expected to value at usd 360. Frozen foods market global industry analysis 2019 2027. Improving diets in an era of food market transformation. Freezing the food has been a revolutionary technique for the preservation of food since its inception. The global frozen food market size is assessed at usd 219. Global united states, european union and china frozen.
Rising preference for fresh and natural food products is a major restraint for frozen food market to some consumers, frozen food is thought of a product that is an inferior substitute for fresh food, which is one of the major restraints for this market. Frozen foods biz the latest news from the frozen food. Global frozen food market size, market share, application analysis, regional outlook, growth trends, key players, competitive strategies and forecasts. This trend is driving the frozen food market, especially the frozen bread market. To break down the best producers of frozen food, with sales, income, and cost of market. The report on quickfrozen food market offers indepth analysis of market trends, drivers, restraints, opportunities etc. This statistic shows the market share of the global frozen foods market in 2016, by segment. Aug 23, 2019 the global frozen food market is highly competitive. The major factors to be considered by the frozen food companies are regarding cost reduction of environmentfriendly products that have a high preserving. Global frozen food market 2017 industry research report. Frozen food market research report by size, share, product type, end user, distribution channel and region, global frozen food market is estimated to. In 2016, readytoeat meals were the largest segment of frozen foods, comprising 35.
Developments in the retail landscape, rising demand for convenience food, and technological advancements in the cold chain market are the major driving factors for the market. Frozen food market growth, trend, and forecast 2019 2024. The global frozen food industry is investing heavily in new freezing, as well as processing technologies, which can support and differentiate frozen products of one competitor from the other. Key product categories within the frozen foods market are. Global frozen food market is segmented by category into readytoeat, readytocook, readytodrink, and others. The global frozen food market comprises retail as well as business customers.
The leading players in the frozen food market enjoy a dominant presence worldwide. Frozen food market growth, size, share, trends and. Rising demand for convenience and readytoeat rte food products due to busy lifestyles as a result of increasing number of working individuals and hectic work life schedules is a major growth driving. Frozen food is an alternative to canned, fresh and home cooked meal. Convenience and frozen food market global industry. Global frozen food market global frozen food market is valued at an estimated usd 231. The report offers an uptodate analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. Jun 07, 2019 market analysts forecast the global frozen food market to grow at a cagr of 6. Frozen food market buy now global industry analysis. Fruits and vegetables, potatoes, meat, ready meals, fishseafood and soup. Keep up to date with all of the latest frozen food industry and product news, events, reports and features as well as a company directory.
Global frozen foods market is driven by increasing adoption of safety and regulatory. Frozen food market global research report forecast to 2023. Our reports on global frozen food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Pdf the global frozen food market is expected to reach usd 307. The significance of smallholder agriculture and food trade are discussed elsewhere in global panel publications. Global frozen food market is dominated by europe, with registering a cagr of 4. The global frozen food market size is expected to reach usd 380. According to verified market research, the us frozen food market was valued at usd 68. The global frozen food market is highly competitive. Biz has brought concise research on global frozen food. Retail customers of frozen food are individuals and households, whereas business. The deep frozen food products that can be stored and used over a long period are referred to as frozen foods. The market is subject to witness a substantial growth due to the changing lifestyle patterns, shifting preferences among consumers towards readytocook meals, increasing demand for convenience food, and growing focus towards hygienic food products.
Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. The global market for frozen food by distribution channel has witnessed continued. Global frozen food market was valued at usd xx billion in 2017 and is forecasted to reach usd xx billion in 2025 with cagr of xx% during forecast. Global frozen food market size, outlook and growth opportunities to 2026.
Frozen food market size, share, growth and forecast to 2024. Global frozen food market the global freezedried food market is valued at usd 46. Impact of covid19 on frozen food market get report today. Contents of the 12 chapter for global frozen food market study. Global frozen food market value, by distribution channel. Europe is the largest consumer of frozen foods while row segment is expected to have the. The market is dominated by players, like unilever, nestle sa, general mills, nomad foods ltd, tyson foods inc.
The global frozen food market is poised to grow at a cagr of around 4. Frozen food market global industry trends and forecast. Frozen food market report analyzes the global market on the basis of various products such as fruits and vegetables, soups, fish, meat and ready meals such as frozen pizza, frozen desserts, snacks and pasta. Improving diets in an era of food market transformation 5. Consumer shift towards adoption of food requiring less time to. Global frozen food market dynamics forecast to 2023.
Pdf frozen food market analysis, forecast to 2020 researchgate. Moreover, shifting consumer dietary preference in hectic and busy life across the global is anticipated to offer new scope for the market. Frozen food is preserved using a freezing process and stored in a freezer before cooking. Global frozen food market growth, trend, and forecast. Global frozen food market to 2025 growth trends, key. Access to all exclusive statistical reports in pdf. The report on quick frozen food market offers indepth analysis of market trends, drivers, restraints, opportunities etc. Universally, the retail food industry has seen critical development in the course of recent years. Growing number of working professionals, busier lifestyles, changing food consumption patterns, availability of large variety of frozen food products in different food.
Feb 28, 2020 published via wired release marketresearch. This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. Food waste, food safety, and agribusiness are also covered in other global panel publications. Rising consumers preference for the readytoeat food products which needs least preparation as well as cooking time and offers higher shelf life is the key driving factor for the market. The report splits the global frozen food market intothe americas, asiapacific. Global frozen sea food market production by region global frozen sea food market profile of manufacturers players are studied on the basis of. Excel data sheet with thousands of data points of the frozen food market level. Global frozen food market 2019 trends, market share. Frozen food implies to those food products that are kept at a certain temperature with all the moisture in them stored in a solid form. Frozen food market global opportunity analysis and. This report focuses on top manufacturers in global market. The global frozen food market is growing due to increased disposable income along with changing lifestyle and eating habits of people worldwide.
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