Sept. 13, 2019, 6:23 a.m. EDT

Frozen Food Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2025

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Sep 13, 2019 (AmericaNewsHour) -- 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 2025 to reach USD 204.2 Billion by the year 2025. Europe region holds the highest Market share in 2017 followed by North America while Asia-Pacific is considered as the fastest growing Market in the estimated period with convenience as a major driving factor. The U.S. is the major Market in 2017 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.

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The major players in Frozen Food Market are Birds Eye Foods Inc., Aryzta A.G., Ajinomoto Co. Inc., Bellisio Foods Inc., Kraft Foods Group Inc., Cargill Incorporated, JBS S.A., Kellogg Company, Nestle S.A., General Mills Inc. and other 13 companies detailed information is provided in research report. Acquisitions and new product development are their key business strategy to gain Market share.

SWOT Analysis of Frozen Food Market
Safe and Preservative free food
No risk of food poisoning

An excess amount of added sodium
Artificially prepared.

Technology and Automation
Relaxation in Government Regulations.
A boom for Private Label frozen products

Lack of innovations
Increasing Number of Unorganized Sector

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, Foodservice Market segment by end users types for this Market is expected to grow at the highest CAGR during the year 2018-2025.

By End Users
Foodservice Market
Hotels, restaurants, and caterers
Retail Customers

By Product Type
Frozen Ready Meals
Fast- Food
Bakery & Desert
Frozen meat & poultry
Frozen seafood
Frozen vegetables & fruits
Frozen potatoes
Frozen Soups

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By Region
North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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The post Frozen Food Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2025 appeared first on America News Hour .


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