Global Convenience and Frozen Food Market, By Product (Fruits and Vegetables, Dairy Products, Bakery Products, Meat and Seafood Products, Convenience Foods and Ready Meals, Others),Type (Raw Material, Half-Cooked, Canned Foods, Frozen Foods, Chilled Foods, Ready-To-Eat, Others), Consumption (Food Service, Retail), Distribution Channel (Offline, Online), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Convenience and Frozen Food Market
The convenience and frozen food market is expected to be growing at a growth rate of 5.00% in the forecast period of 2022 to 2029 and is likely to reach the USD 344.76 billion by 2029.
Frozen foods are food products that have been prepared in a freezing procedure to preserve their flavours, nutrients, and colours. The primary goal of frozen food is to make cooking easier for consumers while also providing a longer shelf life. It is an important part of meals cooked and served in both homes and restaurants.
The rise in the advancement of retail landscape is likely to drive the antiperspirant and deodorant market. The increasing preference of convenience foods and rising level of disposable income of people are some of the factors driving the convenience and frozen food market. Other significant factors such as the rise in the awareness about health, growing consumer acceptance and changing lifestyle will accelerate the market growth rate. Furthermore, increase in the investment for the development of cold chain will positively impact the market’s growth rate. Additionally, the increase in the number of women workforces and changes in the consumption habits of consumers will cushion the growth rate of market.
Moreover, the rising trade of processed food will create lucrative market growth opportunities in the forecast period of 2022-2029. Also, digitalization of the retail industry and emerging new markets will escalate the growth rate of market in future.
However, growing demand for fresh as well as natural food will hamper the market growth rate. Additionally, the dearth of cod chain infrastructure in under developed countries will hinder the market growth. The high requirement of maintaining constant temperature monitoring market will further challenge the market in the forecast period mentioned above.
This convenience and frozen food market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on convenience and frozen food market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Convenience and Frozen Food Market Scope and Market Size
The convenience and frozen food market is segmented on the basis of product, type, consumption and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, convenience and frozen food market is segmented into fruits and vegetables, dairy products, bakery products, meat and seafood products, convenience foods and ready meals, and others. Fruits and vegetables have been further sub-segmented into frozen fruits, and frozen vegetables. Frozen vegetables have been further divided into frozen potatoes, and other vegetables. Bakery products have been further sub-segmented into breads and pizza crusts, and other bakery products.
- On the basis of type, convenience and frozen food market is segmented into raw material, half-cooked, canned foods, frozen foods, chilled foods, ready-to-eat, and others.
- On the basis of consumption, convenience and frozen food market is segmented into food service, and retail.
- Based on distribution channel, convenience and frozen food market is segmented into offline, and online. Offline has been further sub-segmented into supermarkets and hypermarkets, departmental stores, convenience stores, and others.
Convenience and Frozen Food Market Country Level Analysis
The convenience and frozen food market is analysed and market size insights and trends are provided by country, product, type, consumption and distribution channel as referenced above.
The countries covered in the convenience and frozen food market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe region is predicted to continue a dominant position among other regions worldwide. This is attributable to high disposable income, increasing awareness about health among people and changing lifestyle in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to the rising urbanization and increasing disposable income in this region.
The country section of the convenience and frozen food market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Convenience and Frozen Food Market Share Analysis
The convenience and frozen food market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to convenience and frozen food market.
Some of the major players operating in the convenience and frozen food market are General Mills Inc, Conagra Brands, Inc, Unilever, Kellogg Co, The Kraft Heinz Company., Associated British Foods plc, Tyson Foods, Inc., Bakkavor Group plc, MTR Foods Pvt Ltd., Amy’s Kitchen, Inc., Cargill, Incorporated, McCain Foods Limited, Ajinomoto Foods North America, Vandemoortele NV, Lantmännen Unibake, Nestlé S.A., EUROPASTRY, S.A., Grupo Bimbo, JBS Foods, Omar International Pvt. Ltd., and BAKKAVOR GROUP PLC, among others.
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