The report on global frozen
processed food market provides qualitative and quantitative analysis for the
period of 2015 to 2023. According to the report the global frozen processed food
market is projected to reach USD X.XX billion by 2023, growing with a CAGR between XX % to XX % from 2017 to 2023. The global frozen processed Food market was
worth USD 58.1 billion in 2015.
Market Insights
The report identified that the
global frozen processed food market is driven by factors such as vast product
portfolio of frozen processed food due to product innovation undertaken by
manufacturer operating in the market and healthy benefits associated with
frozen processed food. Since, frozen food is perceived as natural and healthy
food among the consumer worldwide, more consumer are gradually shifting towards
the consumption of frozen processed food in order to attain healthier life
style. This factor is one of the major market driver for the frozen processed
food market. On the other hand, the restraining factor identified in the study
includes rising health awareness among consumers and rising incidences of adult
suffering from hyper obesity worldwide.
Growth in retail sector in
developing countries such as India, China, UAE and Philippine provide
opportunity for major player in this market. Rising awareness for health and
wellness and increasing obesity issue due to which demand for low fat calorie
frozen processed food is the major challenge for leading player.
Segments Covered:
The report segments the global
frozen processed food market by product type and region. The segmentation based
on product type includes frozen bakery products, frozen desserts, frozen meat
substitutes, frozen sea food, frozen processed poultry, frozen processed red
meat. The market size of each segment has been provided in terms of value (USD)
and volume (tons).
Figure: Global Frozen Processed Food Market by Value 2015-2023
Geographic Coverage and Analysis:
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2015 – 2023.
North America dominated the
global frozen processed food market, with market share of more than XX% in
2015. High consumer preference for frozen foods and growing awareness about
healthy food option drives the North America market. Asia Pacific is the second
largest market for frozen processed food after North America and held largest
market share in the 2015. Moreover, APAC region anticipated to witness healthy
CAGR of XX% over the forecast period. This is due to growth in retail sector,
technological advancement and development of new products.
Companies Profiled:
The companies covered in the
report include ConAgra Foods, Inc., Nestle S.A., Tyson Foods Inc., Unilever
plc., BRF S.A., General Mills, Tyson Foods Inc, Maple Leaf Foods Inc, Mother
Dairy Fruit and Vegetable Pvt. Ltd, Kraft Foods Group Inc, and General Mills.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the demand of frozen processed food globally as well as regionally. Moreover,
IGR-Growth Matrix analysis given in the report brings an insight on the
investment areas that existing or new market players can consider. The report provides insights into the market
using analytical tools such as Porter’s five forces analysis and DRO analysis
of frozen processed food.
Moreover, the study highlights
current market trends and provides forecast from 2017 to 2023. We also have
highlighted future trends in the frozen processed food market that will impact
the demand during the forecast period. Moreover, the competitive analysis given
in each regional market brings an insight on the market share of the leading
players. Additionally, the analysis highlights rise and fall in the market
shares of the key players in the market. This report will help manufacturers,
suppliers and distributors of the frozen processed food market to understand
the present and future trends in this market and formulate their strategies
accordingly.
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