Global Frozen Food Market is expected to grow at a CAGR of 5% from 2017 to 2025.
Portland, OR -- (SBWIRE) -- 12/20/2017 -- Frozen Food Market Overview
Global Frozen Food Market is expected to grow at a CAGR of 5% from 2017 to 2025. Frozen food are refrigerated food products that can be stored and used later. Increase in purchasing power due to rise in disposable income, and growth in penetration of fast food among youth consumers led to liberal frozen food market trends. Moreover, rapid increase in number of large retail chains including hypermarkets and supermarkets has bolstered the demand of frozen food in the developing countries.
Based on type, the Frozen Food Market is segmented as frozen ready meals, frozen meat & poultry, frozen seafood, frozen fruits & vegetables, and frozen and refrigerated fruits. Based on distribution channel, the market is segmented as large retail, small retail, specialty stores, and online. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Frozen Food Market Dynamics:
Drivers:
Increase in purchasing power.
Research and operational excellence.
Changing lifestyle and food habits.
Growing number of working women.
Restraints:
Growing health and fitness concern
Storage and transport facility.
Frozen Food Market Players:
The top players in the global frozen food market include Aryzta A.G., General Mills Inc., Kraft Foods Group Inc., Ajinomoto Co. Inc., Cargill Incorporated, Europastry S.A., JBS S.A, Kellogg Company, Nestle S.A., and Flower Foods.
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MARKET LANDSCAPE
By Type
Frozen Ready Meals
Frozen Meat & Poultry
Frozen Seafood
Frozen Fruits & Vegetables
Frozen & Refrigerated Fruits
By Distribution Channel
Large Retail
Small Retail
Specialty Store
Online
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA