Frozen Food Market Overview | Forecast 2021-2027 | Key Players – Kellogg Company, Kraft Heinz Company, Cargill Incorporated, General Mills Inc. | Latest Report by Astute Analytica
The new statistical data source added by Astute Analytica is the Global Frozen Food market analysis report. The foods that have been subjected to rapid freezing and are kept frozen until used are the Frozen foods. Socioeconomic trends and technological advances are driving the growth of the frozen food industry. Compared to other preservation methods, one of the key benefits of freezing preservation is the simplicity and ease of food preservation with minimal effect on food quality (e.g., thermal processing or drying). Frozen foods are an economical way to get your daily dose of vegetables and fruits. In fact, there might be better diet quality for families who integrate frozen foods into their daily routine.
In order to generate a worthy report that illustrates the proficient study of the industry, the Global Frozen Food market report was conducted through a number of companies in different regions. This study consolidates primary and secondary research that offers market size, share, trends and forecasts for different segments and sub-segments, taking into account macro and micro environmental factors.
The global frozen food product industry is growing at a CAGR of ~4% during the forecast period 2021-2027.
Improved Cold Chain Logistics Infrastructure Bring Tremendous Rise in Frozen Food Market
Frozen food has become famous with a busy lifestyle and little availability of time. Advances in the supply of the cold chain have helped to supply frozen food worldwide. Growing numbers of online and offline grocery stores and new players joining the market and supporting frozen food benefits are reinforcing the trend. Advances in refrigeration and packaging technology and developments in cold chain logistics infrastructure worldwide are the other factors leading to demand momentum in the industry. It is predicted that, under the combined impact of these factors, the market will record double-digit growth over the forecast period.
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Competitive landscape of a market explains the competition in the Global Frozen Food market taking into consideration price, revenue, sales, and market share by company, market concentration rate, competitive situations, trends, and market shares of top companies. Strategies incorporated by key players of the market such as investment strategies, marketing strategies, and product development plans are also further included in the report. The research integrates data regarding the producer’s product range, top product applications, and product specifications. Some of the big players are Kellogg Company, Europastry S.A., Omar International Pvt Ltd., Kraft Heinz Company, Cargill Incorporated, General Mills Inc. and many more. Companies constantly look for new innovations that can provide quality and fresh food to the consumers.
The Global Frozen Food market is segmented into the following segments:
Market by Food Type
- Meat and Seafood
- Dairy Products
- Fruits & Vegetables
- Others
Market by Food Form
- Raw Material
- Ready to Cook
- Ready Made Food
Market by Freezing Technique
- Belt freezing
- Blast freezing
- Individual quick freezing (IQF)
- Others
Market by Distributional Channel
- Online Sale Channel
- Offline Sale Channel
- Online
Market by End User
Retail
- Supermarket/ Hypermarket
- Convenience Stores/ Standalone Stores
Enterprise Sale (B2B)
- HoReCa (Hotel, Restaurants, Café)
- Travel (Railway/ Airline/ Others)
- Educational Institutes
- Food Processing Industry
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