Global Frozen Food market

Frozen products do not require added preservatives because microorganisms do not grow when the temperature of the food is below −9.5 °C (15 °F), which is sufficient on its own in preventing food spoilage.The increase of working women across the globe is the most crucial factor driving the consumption of frozen foods. A majority of women in the western regions continue to opt for ready-to-eat foods instead of wasting a lot of time on cooking meals. Easier availability of frozen foods has influenced the consumers into adding the frozen foods into their list of daily consumables.

The global frozen foods market can be fragmented on the basis the type of products. Frozen pizza, frozen bakery products & confectionary items, frozen fish or seafood, frozen potatoes, frozen ready-to-eat meals, and frozen meat. Frozen ready meals dominated the market during 2014, with a market share of 34%. The key drivers for the growth of this segments are the increasing number of older population (50 years and above) and children who favor instant meals rather than a fully cooked meal. Frozen ready meals segment attained market value of US$ 29,361.3 million in 2013, which is anticipated to grow robustly by 2020-end. Frozen ready meals had the highest penetration in 2015 with a valuation of over USD 80 billion. Owing to busy lifestyles, consumers prefer easy cooking techniques.

Europe dominated the market during 2014 with a market share of around 34%. Asia-Pacific is expected to witness the highest growth of 5.0% over the next eight years. Growing urbanization coupled with rising disposable income are the major factors in these countries. Emerging economies such as South Africa and Brazil are anticipated to witness significant growth regarding demand for these products.

The key players in this market are McCain Foods, Dole, Nestle, The Schwan Food Company, Rich Products Corporation, Heinz ConAgra Foods Inc., Maple Leaf Foods Inc., General Mills, BRF SA (Brazil), Tyson Foods Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd. (India), Pinnacle Foods Inc., Ajinomoto Co. Inc., Kraft Foods Group Inc., and Unilever PLC.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage