According to the latest report published by Credence Research, Inc. “Global Frozen Food Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global frozen food market was valued at US$ 252.77 Bn in 2017, expected to grow at a CAGR of 6.6% from 2018 to 2026.
The report titled “Global Frozen Food Market: 2018 Edition” examines the potential possibilities and significant trends in the Frozen Food industry. The report provides a detailed analysis of the global Frozen Food Market including the regional markets of North America, Europe, and the Asia Pacific. It focuses on the Frozen Food Markets of the U.S., Canada, UK, India, and Australia. The report also assesses the commercial and residential service sector in the Frozen Food industry.
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Further, Porter’s Five Forces Analysis has been done for the global Frozen Food industry. In-depth analysis of key market growth drivers and challenges and the major observable trends in the global Frozen Food Market are also given in the report. The growth of the market has been projected taking into consideration various aspects like previous growth patterns, the current trends, the growth drivers, challenges and environmental conditions.
Region/Country Coverage
North America
Europe
Asia Pacific (APAC)
Latin America (LATAM)
Middle East and Africa (MEA)
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Company Coverage:
Ajinomoto Co. Inc., Bonduelle Group, ConAgra Foods Inc., General Mills Inc., Kraft-Heinz Company, McCain Foods, Nestle S.A., Pinnacle Foods Inc., Tyson Foods Inc., and Unilever Plc.
Executive summary:
Transition in the consumption pattern of the millenials is one of the major factors responsible for the growth of the frozen food market at present. Millenials are driven towards the consumption of frozen food due to convenience, as frozen foods require lesser amount of time to prepare which helps to save a considerable amount of time spent on cooking. Moreover, this trend is also supported by the rising number of working females, which has witnessed considerable increase over the past decade. Countries such as U.S., Canada, Germany, France, and U.K. among others have a high percentage of working females, which is augmenting market growth of frozen food in these countries. Robust growth of the food service industry is another key factor resulting in a steady market growth of the frozen food market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global Frozen Food Market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global Frozen Food Market
- Leading company profiles reveal details of key Frozen Food Market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global Frozen Food Market with 7-year forecasts
Reasons to buy
- What was the size of the global Frozen Food Market by value in 2017?
- What will be the size of the global Frozen Food Market in 2026?
- What factors are affecting the strength of competition in the global Frozen Food Market?
- How has the market performed over the last five years?
- What are the main segments that make up the global Frozen Food Market?
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