A Quick Overview of Frozen Food Market
The key object of this report on the Frozen Food Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Frozen Food Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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Frozen Food Market Scenario:
The Global Frozen Food Market is projected to grow at around 4.8% CAGR during the forecast period, i.e., 2024-30. The growth of the market is driven primarily by the increasing population & its massive food requirements, coupled with the burgeoning number of working people, i.e., propelling the demand for frozen food as a convenient option with minimal or no preparation time.
Frozen Food Market - Industry Dynamics, Size, And Opportunity Forecast To 2030:
Market Driver - Escalating Working Population & their Inclination on Convenient Food
With the growing influx of migrants due to increasing job opportunities and the exponentially rising population worldwide, the need for convenient food options is swiftly escalating and, in turn, infusing the demand for frozen food products, majorly due to the hectic lifestyle of people with no time for food preparation. It, in turn, is leading to increasing consumer dependency on ready-to-eat & ready-to-cook frozen food and driving the Global Frozen Food Market.
Frozen Food Market Segmentation Analysis:
Frozen Food Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Category
- Ready-to-Eat
- Ready-to-Cook
- Others
By Product Type
- Fruits & Vegetables
- Dairy
- Meat & Seafood
- Snacks & Bakery
- Desserts
- Others
By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- Convenience Stores
- Online Channels
- Others
By Freezing Technique
- Individual Quick Freezing (IQF)
- Blast Freezing
- Belt Freezing
- Others
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific.
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Who are the Key Market Players in the Frozen Food Market?
In the fast-changing Frozen Food Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Frozen Food market ruling the industry are:
List of Key Companies Profiled:
- Ajinomoto Foods
- Conagra Brands Inc.
- Frosta AG (Frosta)
- General Mills Inc.
- Grupo Bimbo
- Heinz Frozen Food Company
- Lantmannen Unibake
- McCain Foods Limited
- Nestle SA
- Nomad Foods Ltd
- The Kellogg Company
- Tyson Foods
- Unilever PLC
- Wawona Frozen Food
- Others.
Global Frozen Food Recent Development:
- Nestle collaborates with private equity firm PAI Partners in 2023, to set up a joint venture for Nestle’s frozen pizza business in Europe, creating a dedicated player in a popular and dynamic category.
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