Frozen Processed Food Market Scope:
Market Research Future (MRFR) presumes the Frozen Processed Food Market Share to record a healthy CAGR of 5.60% throughout the review period, which is between 2023 and 2032.
Major Boosters and Challenges:
The changes in consumers’ lifestyles across the globe, characterized by hectic busy schedules, have fostered the demand as well as consumption of a variety of frozen processed food products. With less to no time for cooking nutritious and elaborate meals, mounting number of people are focusing on convenient meal options. the trend is particularly prevalent in developed nations but is catching up in emerging countries like China and Philippines as well. This could translate into substantial revenues for the frozen processed food industry in the years to come. Furthermore, spike in consumers’ disposable incomes and the soaring number of consumers owing refrigerators would raise the demand for frozen processed food items in the following years.
An important trend bolstering market growth includes the soaring popularity of online grocery shopping along with the emergence of new apps. These online channels are deemed highly convenient, giving a variety of options to the consumers. Consumers are increasingly opting for online shopping given the several features and convenience. Majority of the population buys groceries as well as food from online channels. This trend is further bolstered by the rising internet penetration and the dramatic surge in smartphone usage.
Market Segmentation:
The types of frozen processed food products in the market are Frozen Meat & Seafood, Frozen Fruits & Vegetable, Frozen Dairy Products & Desserts, Frozen Bakery Products, and more. Frozen meat and seafood enjoy the highest demand in the market, given the soaring number of fast-food joints as well as restaurants worldwide. Beef notes significant demand owing to its high protein content compared to other types of meat. Meanwhile, demand for pork is escalating rapidly in various countries.
Distribution channels covered in the study are Store-Based along with Non-Store-Based. Non-store-based channels, which are the offline channels account for the highest portion of the worldwide market.
Regional Insight:
The North American market has soared to the highest position, given the digitalization trend in the retail sector and the prevalence of food delivery online apps. More business opportunities in the region will be in the form of mounting awareness about the health advantages of frozen food and the resultant rise in their consumption. Mostly, the mushrooming population of working women and the technological developments in the cold chain are responsible for the stunning Frozen Processed Food Market Trends in the region.
With the fastest growth rate, Asia Pacific will be a highly promising market in the next couple of years. India, Japan, and China are the highest gainers in the region, thanks to the ready-to-eat snacking trend prevalent among the working-class populace as well as college grads.
Renowned Players:
Tyson Foods, Inc. (U.S.), Kellogg's (U.S.), JBS S.A. (Brazil), General Mills, Inc. (U.S.), Frito-Lay, Inc. (U.S.), Kraft Foods Group, Inc. (U.S.), Nestlé SA (Switzerland), Mars, Inc. (U.S.), ConAgra Foods, Inc. (U.S.), Smithfield Food Inc. (U.S.) are the significant developers of frozen processed food products in the worldwide market.
Latest News:
January 2022: The Real Good Food Company Inc., an advanced health and wellness frozen food brand has partnered with Sam's Club for the launch of its popular platform, Bacon Wrapped Stuffed Chicken Breast now in a new flavor Creamy Spinach & Artichoke. Completely grain free, has lower carbohydrate content and is protein enriched, the nutritious frozen processed food range is now more accessible to the customers that are health-conscious.
Related Reports:
Citric Acid Market Research Report Information By Form (Anhydrous and Liquid), Function (Acidulant, Antioxidant, Preservative. and Flavoring Agent), Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others), and By Region (North America, Europe, Asia-Pacific, and the Rest of the World) - Forecast Till 2030
Marktforschungsbericht für Sauerteig: Nach Typ (Typ I, Typ II und Typ III), Zutaten (Weizen, Roggen, Hafer, Gerste und andere), Anwendung (Brot und Brötchen, Pizza, Kuchen und andere) und Region (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) — Prognose bis 2030
インスタントラーメン市場情報製品タイプ（カップ/ボウル、パケット）パックサイズ（シングルパック、4パック、6パック、その他）、流通チャネル（店舗ベース、非店舗ベース）-2030年までの世界予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
