Global Frozen Food Market Is Expected to Reach $306 Billion by 2020, Finds New Report
World Frozen Food Market - Opportunities and Forecasts, 2014–2020, the global frozen food market would garner revenue of $306 billion by 2020, registering a CAGR of 4.1% during the forecast period of 2015–2020. Ready meal market encompassing ready to eat foods would account for the highest sales value of $112.7 billion by 2020. North America and Europe together account for nearly 72% of the total market revenue. However, developing markets would witness a significantly higher growth over the forecast period.
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