Transparency
Market Research (TMR) has announced the addition of a new market
study based on the frozen food market. According to the report, the
global frozen food market is set to reach a figure of US$293.7 bn by
the end of 2019, from US$224.7 bn in 2012, thus displaying moderate
growth at a 3.90% CAGR for the period from 2013 to 2019. The report
focuses on the many influencing factors that steer the growth curve
of the global
frozen food market. Aiming to point out the exact factors
that restrain or propel the growth of the market, the report makes
use of intensive qualitative and quantitative research techniques.The
report is titled “Frozen Food Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2013 - 2019.” The report
provides a granular look at the market dynamics and the projections
of the global frozen food market.
Frozen
foods, which include meat, vegetables, beans, soups, meals, pizza,
and others, are stored at subzero temperatures to ensure that their
moisture content does not liquefy, thus preserving the food for a
longer time in comparison to fresh food. The market for frozen food
is expanding globally due to the global increase in the number of
working women. Hectic lifestyles are making consumers rely on
convenient foods, which include ready-to-eat or frozen food products.
The rising demand from emerging economies, constant product
innovation, and attractive packaging are helping the frozen food
market attain a high growth rate.
Frozen
food makers focus on various freezing techniques, ensuring that the
nutritional content of the frozen food is not lost in the process of
preserving it. According to TMR analysts, the market for organic and
natural frozen food will see many growth opportunities in the coming
years. Emerging economies in the Asia Pacific region will contribute
massively to the frozen food market. Europe led the frozen food
market in 2012 by accounting for a whopping 35% of the global frozen
food market.
Fill
the form to gain deeper insights on this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=152
Some
of the factors that can curb the growth of the frozen food market are
the reliance on third-party distributors to reach retail consumers,
the necessity of maintaining impeccable hygiene, and the need to
maintain perfect temperature control in order to maintain the
freshness of the frozen foods. To beat these challenges, leading
companies will concentrate on M&A strategies in the coming years
to reduce the dependency on wholesalers and attempt to reach the
retailers and consumers directly.
The
report segments the frozen food market by product type into fruits,
vegetables, meat, ready meals, fish or seafood, and soup. Out of
these, the frozen ready-to-eat meals segment leads the market,
accounting for 35% of the total market, and the frozen potatoes
segment is anticipated to be the fastest growing segment in the
forecast period.
Major
companies dealing with frozen food profiled in the report are Birds
Eye Foods Inc., Ralcorp Frozen Bakery Products Inc., Amy’s Kitchen
Inc., Unilever plc, The Schwan Food Company, Kraft Foods Group Inc.,
ConAgra Foods Inc., Nestle, Maple Leaf Foods Inc., General Mills Inc,
Heinz, and Ajinomoto Co. Inc.
The
report segments the frozen food market as follows:
By
Product
- Frozen Fruits & Vegetables
- Frozen Potatoes
- Frozen Ready Meals
- Frozen Meat
- Frozen Fish/Seafood
- Frozen Soup
No comments:
Post a Comment