The report on Frozen Processed Food Market by Infinium Global Research analyzes the frozen processed food market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global frozen processed food market. It will help a lot of decision makers to develop strategies and find new opportunities in the global frozen processed food market.
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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.
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).
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Which Region in the Frozen Processed Food Market will Share the Largest Market?
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.
Which Companies are the Key Players in the Frozen Processed Food Industry?
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.
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