Global Frozen Food Market By Product, By Distribution Channel, By Type, By Geographic Scope And Forecast

Nov 2022| VMR5999A| Verified Market Research

Report Highlights

Frozen Food Market Insights

Frozen Food Market was valued at USD 231.83 Billion in 2019 and is projected to reach USD 322.71 Billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027.

The Frozen Food Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Frozen Food Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Global Frozen Food Market Overview

The increasing consumer preference toward convenience foods indirectly favors the increasing demand for frozen products as they require less time and energy as compared to cooking from scratch. The processed foodstuff is driven by the greater need for convenience because of the busy lifestyles of consumers. This, rises the demand for frozen food.

This report provides an all-inclusive environment for the analysis of the Frozen Food Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Frozen Food Market growth.

Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Frozen Food Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Frozen Food Market.

Report Synopsis

Report Metrics Details
Base year considered 2019
Forecast period considered 2020-2027
Base year market size 231.83 $ Billion in 2019
Market size forecast 322.71 $ Billion by 2027
Growth rate 4.2%
Units considered $ Billion
Segments covered By Product, By Distribution Channel, By Type, By Geographic
Industry covered Food & Beverages
Companies studied
  • General Mills Inc (US),
  • Ajinomoto (Japan),
  • Conagra Brands, Inc. (US),
  • Grupo Bimbo S.A.B. de C.V. (Mexico),
  • Nestle SA (Switzerland),
  • Unilever (Netherlands),
  • Kellogg Company (US),
  • McCain Foods Limited (Canada),
  • Kraft Heinz Company (US),
  • Associated British Foods plc (UK).

Global Frozen Food Market Segmentation Analysis

The Global Frozen Food Market is Segmented on the basis of Product, Distribution Channel, Type, And Geography.

Key Players In Frozen Food Market

The Global Frozen Food Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are General Mills Inc (US), Conagra Brands, Inc. (US), Grupo Bimbo S.A.B. de C.V. (Mexico), Nestle SA (Switzerland), Unilever (Netherlands), Kellogg Company (US), McCain Foods Limited (Canada), Kraft Heinz Company (US), Associated British Foods plc (UK), Ajinomoto (Japan).

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