AUG 14, 2020: The global Frozen Food market size is projected to reach USD 376.95 billion by 2025 registering a CAGR of 4.3%, according to a new report by Grand View Research, Inc. Changing food preferences as a result of rising number of working individuals and Hectic work life schedule have resulted in an increased demand for convenience food and ready meals. This is expected to be the key factor augmenting the market growth. Moreover, high demand for frozen meat due to increasing consumption of meat and meat-based products is also expected to propel the market growth. In terms of revenue, frozen meat product segment is projected to ascend at a CAGR of 4.4% from 2019 to 2025.
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The global frozen food market size is projected to reach USD 376.95 billion by 2025 registering a CAGR of 4.3%, according to a new report by Grand View Research, Inc. Changing food preferences as a result of rising number of working individuals and Hectic work life schedule have resulted in an increased demand for convenience food and ready meals. This is expected to be the key factor augmenting the market growth. Moreover, high demand for frozen meat due to increasing consumption of meat and meat-based products is also expected to propel the market growth. In terms of revenue, frozen meat product segment is projected to ascend at a CAGR of 4.4% from 2019 to 2025.
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Further key findings from the study suggest:
• Frozen ready meals emerged as the largest segment in 2018 and is expected to register a CAGR of 4.1% over the forecast period
• Asia Pacific is expected to witness the fastest CAGR from 2019 to 2025 on account of rising disposable income levels and growing population in the region
• The global frozen food market is highly competitive. Key companies focus on various strategic initiatives like M&A, product innovation, and product portfolio expansion to maintain their industry position
• Some of the prominent companies include Inn Foods, Inc.; Nestle S.A.; ConAgra Foods, Inc.; McCain Foods Ltd.; and Imperial Frozen Foods
Table of Contents
Chapter 1 Methodology and Scope
1.1 Information Procurement
1.1.1 Purchased Database
1.1.2 GVR’s Internal Database
1.1.3 Secondary Sources
1.1.4 Third Party Perspective
1.1.5 Primary Research
1.2 Information Analysis & Data Analysis Models
1.3 List to Data Sources
Chapter 2 Executive Summary
2.1 Market Insights
2.2 Segmental Insights
2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Related Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.3.1 Raw Material Trends
3.3.1.1 Major Raw Material Analysis
3.3.1.2 Procurement Best Practices
3.3.2 Manufacturing trends
Continued………………
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