Global Frozen Food Market Analysis, Segmentation, Competitors Analysis, Product Research, Trends and Forecast Report by 2023
Global Frozen Food Market is further estimated to grow at a CAGR of 4.91% from 2018 to 2023.
(EMAILWIRE.COM, June 25, 2018 ) Global Frozen Food Market was valued at USD 140.14 billion in the year 2017. Global Frozen Food Market is further estimated to grow at a CAGR of 4.91% from 2018 to 2023. Europe region holds the highest market share in 2016 followed by North America while Asia-Pacific is considered as the fastest growing market in the estimated period with convenience as major driving factor. U.S. is the major market in 2016 at country level and it is further anticipated to grow at a steady pace in the next 5 years. The growth factors are rising consumption and demand of ready to eat food.
Birds Eye Foods, Inc. (U.S), Cargill Incorporated (U.S), Aryzta A.G. (Switzerland), Ajinomoto Co., Inc. (Japan), Bellisio Foods, Inc. (U.S), Kraft foods Group Inc. (U.S) are some of the key players in the Global Frozen Food Market. Acquisitions and new product development are their key business strategy to gain market share.
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Drivers
Availability of Seasonal and Regional Food
No risk of food poisoning
Prevention from Harmful Preservatives
Restraints
Low Awareness of Frozen Food
Maintaining Constant Temperature
Opportunity
Growing Technology
A boom for Private Label frozen products
Challenges
Lack of innovations
The Storage and Processing Techniques is still an untapped market
By product, frozen ready meals segment hold the highest market share among all other frozen products in 2017 with frozen vegetables & fruits estimated to grow at highest CAGR in near future. On the other hand, Food service Industry segment by end users types for this market is expected to grow at the highest CAGR during year 2018-2023.
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Key Benefits for Stakeholders
Frozen food Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Frozen Food Importers and Exporters
Regulatory bodies, policy actors and consumers.
Restaurants, food sector investors.
By Product Type
Frozen Ready Meals
Fast- Food
Bakery & Desert
Frozen Meat & Poultry
Frozen Sea Food
Frozen Vegetables & Fruits
Frozen Potatoes
Frozen Soups
By End Users
Food Service Industry
Hotels, restaurants and caterers
Retail Customers
By Region
North America
Europe
Asia-Pacific
RoW
Key Market Players
1. Birds Eye Foods, Inc. (U.S)
2. Aryzta A.G. (Switzerland)
3. Ajinomoto Co., Inc. (Japan)
4. Bellisio Foods, Inc. (U.S)
5. Kraft foods Group Inc. (U.S)
6. Cargill Incorporated (U.S)
7. JBS S.A. (Brazil)
8. Kellogg Company (U.S)
9. Nestle S.A. (Switzerland)
10. General Mills Inc. (U.S)
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Birds Eye Foods, Inc. (U.S), Cargill Incorporated (U.S), Aryzta A.G. (Switzerland), Ajinomoto Co., Inc. (Japan), Bellisio Foods, Inc. (U.S), Kraft foods Group Inc. (U.S) are some of the key players in the Global Frozen Food Market. Acquisitions and new product development are their key business strategy to gain market share.
Request for Discount at https://www.prominentmarketresearch.com/discount-report/34257
Drivers
Availability of Seasonal and Regional Food
No risk of food poisoning
Prevention from Harmful Preservatives
Restraints
Low Awareness of Frozen Food
Maintaining Constant Temperature
Opportunity
Growing Technology
A boom for Private Label frozen products
Challenges
Lack of innovations
The Storage and Processing Techniques is still an untapped market
By product, frozen ready meals segment hold the highest market share among all other frozen products in 2017 with frozen vegetables & fruits estimated to grow at highest CAGR in near future. On the other hand, Food service Industry segment by end users types for this market is expected to grow at the highest CAGR during year 2018-2023.
Request for Sample Report at https://www.prominentmarketresearch.com/sample-report/34257
Key Benefits for Stakeholders
Frozen food Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Frozen Food Importers and Exporters
Regulatory bodies, policy actors and consumers.
Restaurants, food sector investors.
By Product Type
Frozen Ready Meals
Fast- Food
Bakery & Desert
Frozen Meat & Poultry
Frozen Sea Food
Frozen Vegetables & Fruits
Frozen Potatoes
Frozen Soups
By End Users
Food Service Industry
Hotels, restaurants and caterers
Retail Customers
By Region
North America
Europe
Asia-Pacific
RoW
Key Market Players
1. Birds Eye Foods, Inc. (U.S)
2. Aryzta A.G. (Switzerland)
3. Ajinomoto Co., Inc. (Japan)
4. Bellisio Foods, Inc. (U.S)
5. Kraft foods Group Inc. (U.S)
6. Cargill Incorporated (U.S)
7. JBS S.A. (Brazil)
8. Kellogg Company (U.S)
9. Nestle S.A. (Switzerland)
10. General Mills Inc. (U.S)
Purchase Report Now at https://www.prominentmarketresearch.com/checkout/34257
About Prominent Market Research:
At Prominent Market Research, we are committed to provide the best possible service and recommendations to all our customers. You will be able to speak to seasoned analyst who will understand your research needs accurately. We make it our business to look after yours, with an efficient and friendly team always available to help you.
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Prominent Market Research
Robin
Tel: +1-815-957-4373
Email us
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Prominent Market Research
Robin
Tel: +1-815-957-4373
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results