Global Frozen Food Market Analysis & Forecast 2019-2024: Leading Players are Nestle, General Mills, Ajinomoto Co, Iceland Foods, Mc Cain Food, and Uniliver - ResearchAndMarkets.com

The "Global
Frozen Food Market - Segmented by Type, By Application, By Freezing
Technique - Growth, Trend, and Forecast (2019-2024)" report has
been added to ResearchAndMarkets.com's offering.

The frozen food market accounted for a market value of USD 268 billion
in 2016, witnessing a CAGR of 4.1% during 2018-2023.

The demand for convenience food products is the major driving factor for
this market. Moreover, the demand for convenience is high, as frozen
food items reduce cooking, preparation, and clean-up efforts & time for
the consumers. The increasing disposable incomes, reducing gender gap in
employment, busy lifestyles, demand for healthy and hygienic food, and
the high number of working members in the family, are creating a strong
background for the huge demand for convenience frozen food products,
globally.

Around 90% of frozen food consumers purchase the food due to the
convenience of saving time and effort. However, 65% of these consumers,
who are the working class, emphasize on the low-effort needed as the
major reason to opt for frozen food products. Hence, high convenience
plays a large role in the frozen foods sale, worldwide. The demand for
ready-packed, easy-to-cook, and ready-to-eat products is expected to
grow over the forecast period, which is going to boost the global frozen
foods market.

Growing Investments in Technology Development for the Frozen
Food Market

The global frozen food industry is investing heavily in new freezing, as
well as processing technologies, which can support and differentiate
frozen products of one competitor from the other. The major factors to
be considered by the frozen food companies are regarding cost reduction
of environment-friendly products that have a high preserving quality and
are rich in nutrition.

New technologies, such as high pressure processing and self-heating
packaging for frozen food, are in use in this industry and the market is
ready to launch canned foods that can self-heat and de-freeze the
ready-to-eat food products.

Developing Economies are the New Latitudes in the Global Frozen
Food Industry

Developing economies, such as Asia-Pacific, Latin America, and Eastern
Europe, are growing faster than the developed countries, regarding
consumption, sales, and production of frozen food products. The
increasing disposable incomes, changing lifestyles and growing interest
in ethnic and international cuisines are the major factors accelerating
the market in these economies.

Major Players

• Nestle
• General Mills Inc.
• Ajinomoto Co. Inc.
• Iceland Foods Ltd.
• Mc Cain Food
• Uniliver PLC

Key Topics Covered

1. Introduction

1.1 Research Methodology

1.2 Market Definition

1.3 Report Description

2. Market Overview

2.1 Market Trends

3. Market Dynamics

3.1 Frozen Food Market Drivers

3.1.1 Increase in Demand for Convenience Food Products

3.1.2 Availability of Staple, Seasonal and Regional Food Irrespective of
Time & Place

3.1.3 Finest Preservation Technique

3.2 Frozen Food Market Restraints

3.2.1 Competition from Really Large Companies & Huge Budgets

3.2.2 Health & Sensory (Taste and Texture) Concerns

3.3 Frozen Food Market Opportunities

3.3.1 Increase in Novel Frozen Food Product Portfolio

3.3.2 Lower Penetration & High Exploration Market

3.4 Porter's Five Forces Analysis

3.5 Consumer Behavior Analysis

3.5.1 Consumer Demand Analysis

3.5.2 Target Market Identification

3.5.2.1 Purchasing Power

3.5.2.2 Demographic Strengths & Weaknesses

3.5.2.3 Spending Patterns

4. Segmentation

4.1 Frozen Food Market By Type

4.1.1 Ready-To-Eat

4.1.2 Ready-To-Cook

4.1.3 Ready-To-Drink

4.1.4 Others

4.2 Frozen Food Market By Application

4.2.1 Frozen Fruits & Vegetables

4.2.2 Frozen Meat & Fish

4.2.3 Frozen-Cooked Ready Meals

4.2.4 Frozen Dessert

4.2.5 Frozen Snacks

4.2.6 Others

4.3 Frozen Food Market By Freezing Technique

4.3.1 IQF - Individual Quick Freezing

4.3.2 Blast Freezing

4.3.3 Belt Freezing

4.3.4 Others

4.4 Frozen Food Market By Geography

4.4.1 North America

4.4.2 Europe

4.4.3 Asia-Pacific

4.4.4 South America

4.4.5 Africa

5. Frozen Food Market Competitive Landscape

5.1 Most Adopted Market Strategies

5.2 Most Active Companies

5.3 Market Share Analysis

6. Frozen Food Market Companies

6.1 Nestle

6.2 Uniliver PLC

6.3 Mc Cain Foods

6.4 Iceland Foods Ltd.

6.5 Amy's Kitchen Inc.

6.6 Conagra Foods Inc.

6.7 Kraft Food Inc.

6.8 Ajinomoto Co. Inc.

6.9 Pinnacle Foods Inc.

6.10 General Mills Inc.

6.11 H. J. Heinz Company.

6.12 Mother Dairy Fruit & Vegetable Pvt. Ltd.

6.13 Tyson Foods Inc.

6.14 General Mills Inc.

6.15 The Schwan Food Company

6.16 Quirch Foods Company

6.17 Rich Products Corporation

For more information about this report visit https://www.researchandmarkets.com/research/skftc9/global_frozen?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190404005326/en/