The global Frozen Food market was valued at US$ 193120 million in 2020 and is expected to reach US$ 257210 million by the end of 2027, growing at a CAGR of 4.1% during 2021-2027.
Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing). The freezing kinetics is important to preserve the food quality and texture. Quicker freezing generates smaller ice crystals and maintains cellular structure. Cryogenic freezing is the quickest freezing technology available due to the ultra low liquid nitrogen temperature −196 °C (−320 °F).
The convenience of frozen food is the key factor which is expected to drive the frozen food market growth over the forecast period. Hectic lifestyle leads to unhealthy eating habit, customers regard ready-to-eat food products as main meal and they may buy a lot to store in the home. In addition, children preference is another factor leading to demand for frozen food, especially for frozen meat and poultry, which can be attracted by children and teenagers. On the basis of region，North America dominates frozen food market. U.S is holding the largest market share of frozen food market due to hectic lifestyle of population and fast adoption of the products in the region. European countries including Germany, Denmark, Spain, U.K., Italy, Switzerland, Norway and France are expected to witness the potential growth over the forecast period. At the same time, the frozen food market.APCP region is anticipated to grow owing to rapid population growth. However, some potential problems such as food safety have not been solved.
Global Frozen Food Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Frozen Food Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nestle, ConAgra, H.J. Heinz, Amy’s Kitchen, Conagra Brands, McCain Foods, Tyson Foods, Unilever, Simplot Food Group, Seneca Foods Corporation, Ralcorp Frozen Bakery Products, Kraft Food, Mccain Foods, Iceland Foods, Goya Foods and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-frozen-food-market-outlook
Segment by Type
- Frozen Ready-To-Eat Meals
- Frozen Meat and Poultry
- Frozen Fish and Seafood
- Frozen Fruits and Vegetables
- Frozen Potato Products
- Frozen Soup
Segment by Application
- Retail
- Business Customers
Table of Content:
1 Frozen Food Market Overview
2 Frozen Food Market Competition by Manufacturers
3 Frozen Food Retrospective Market Scenario by Region
4 Global Frozen Food Historic Market Analysis by Type
5 Global Frozen Food Historic Market Analysis by Application
6 Key Companies Profiled
7 Frozen Food Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Frozen Food Market Dynamics
10 Global Frozen Food Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.