Global Frozen Food Market to Grow at a CAGR of 4.0% During 2016-2024


Posted June 18, 2018 by Steveblade

According to Goldstein Research, global frozen food market is expected to reach USD 137.8 billion by 2024
 
According to Goldstein Research, global frozen food market is expected to reach USD 137.8 billion by 2024, growing at a CAGR of 4.0% over the forecast period 2016-2024. Rising urbanization and emerging trend for online food shopping mainly in developed economies is creating remarkable business opportunities for frozen food market. Moreover, reduced tariff barriers by World Trade Organization (WTO) and export subsidies on several frozen products, is expected to drive the growth of frozen food market in the near future. Global frozen food market segmentation has been done on the basis of product type, distribution channel and geography.

Global frozen food market is largely dominated by Europe with largest market share for frozen fish and sea food market, owing to the high consumption of fish and sea food in the region. The other hand North America accounted for 31% revenue share of global frozen food market in 2016 and occupies the largest share for frozen meat consumption. In 2015, total meat consumption reached around 40 billion tones in USA.

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Market Segmentation

On the basis of our in-depth analysis, Global Frozen Food Market can be segmented as follows:

Based on Product Type

o Frozen Fruits and Vegetables
o Frozen Poultry and Meat Products
o Frozen Soups
o Frozen Fish and Sea Food
o Frozen Ready to Eat Meals
o Other Frozen Products ( Pizza, Confectionary Items)

Based on Distribution Channel

o Online Channel for Frozen Food
o Offline Channel for Frozen Food

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Frozen Food Market Outlook 2024” contains detailed overview of the global frozen food market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and distribution channel.

Further, for the in-depth analysis, Global Frozen Food Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as McCain Foods, General Mills, Inc., Nestle Group, The Schwan Food Company, Rich Products Corporation, Heinz Company, Dole Food Company, ConAgra Foods Inc., Maple Leaf Foods Inc., BRF SA, Mother Dairy Fruit & Vegetable Pvt. Ltd., Pinnacle Foods Inc., Ajinomoto Co. Inc., Unilever PLC, Tyson Foods Inc., etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global frozen food market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our industry analysis reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on food & beverages industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact more info:
Steve Blade
(Global Sales Head)
USA : +1-646-568-7747
Canada : +1-437-886-1181
UK : +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Categories Food
Tags frozen food market , frozen food market demand , frozen food market trends
Last Updated June 18, 2018