Global Frozen Food Market - Growth, Trend, and Forecast (2017 - 2022)
|出版商||Mordor Intelligence LLP||商品編碼||458467|
|出版日期||內容資訊||英文 130 Pages
|全球冷凍食品市場:成長率，趨勢，預測 Global Frozen Food Market - Growth, Trend, and Forecast (2017 - 2022)|
|出版日期: 2017年02月01日||內容資訊: 英文 130 Pages||
The global frozen food market is expected to reach USD XXX billion by 2022, at an estimated CAGR of XX%. Freezing is a type of preservation technique; frozen food has an extended shelf-life, under accurately monitored temperature.
There has been a remarkable expansion in frozen food product categories, owing to the considerable growth in freezer space in modern retail markets. Busy lifestyles and increasing demand for convenience food are among the major driving factors of the global frozen food market. When a food product (regional/staple/seasonal) is frozen and preserved, it is easily available, anywhere & anytime. This easy availability has influenced the purchasing patterns of consumers, placing frozen foods among the products on their list of daily consumables. The market has few limitations like the price of a frozen product is much higher when compared to its fresh form due to its high production cost. There are limitations in monitoring accurate freezing temperature and maintaining the frozen product intact. The global frozen food market is vast, and there are excellent opportunities to explore this market, especially, in developing countries.
The global frozen food market is segmented based on four key factors. By type, it is differentiated as ready-to-eat (thaw & serve), ready-to-cook and ready-to-drink. The product segmentation covers various frozen food categories of fruits & vegetables, meat, fish, ready meals, beverages, snacks, etc. The market is also segmented by the major freezing technologies, such as IQF (Individual Quick Freezing), blast freezing, etc.
Europe has the largest share in the global frozen food market, with sales of USD XX billion andNorth America is projected as next in line on the growth chart. Asia-Pacific is expected to witness the highest CAGR, through 2022. Japan leads the Asian countries, regarding frozen food consumption, with 7.82 million tons, in 2010. Ready meals are the most expensive among the frozen food product categories, and thus, account for the largest market share of 40%, regarding revenue. Frozen pizza is the fastest-growing segment in the frozen ready meals segment.
Increased consumption of frozen foods is influencing companies to produce sustainable and durable food products. Leading companies in the global food & beverages industry are investing in the growth of the global frozen foods market. As per estimates, the contribution of the top four companies, such as Nestle and H.J. Heinz, in the global frozen foods market is approximately19%, collectively. Other key companies include -