{"id":505944,"date":"2020-09-08T17:08:02","date_gmt":"2020-09-08T17:08:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=505944"},"modified":"2020-09-08T17:08:02","modified_gmt":"2020-09-08T17:08:02","slug":"global-frozen-food-market-till-2026-latest-industry-scenario-trends-restrain-future-forecast-nestle-sa-ajinomoto-goya-foods-conagra-foods-general-mills","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/global-frozen-food-market-till-2026-latest-industry-scenario-trends-restrain-future-forecast-nestle-sa-ajinomoto-goya-foods-conagra-foods-general-mills_505944.html","title":{"rendered":"Global Frozen Food Market Till 2026 Latest Industry Scenario, Trends, Restrain & Future Forecast | Nestle SA, Ajinomoto, Goya Foods, ConAgra Foods, General Mills"},"content":{"rendered":"
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Global Frozen Food Market<\/div>\n<\/div>\n
Latest Market Analysis Research Report on \u201cGlobal Frozen Food Market 2020\u201d has been added to Wise Guy Reports database. <\/div>\n

Global Frozen Food Industry<\/strong><\/a><\/p>\n

New Study Reports “<\/strong>Frozen Food <\/strong>Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.<\/strong><\/p>\n

Global Frozen Food Market was valued at US$ 232.42 billion in 2019 and is anticipated to reach US$ 320.06 billion by 2026 displaying an elevated CAGR of 4.6% over the forecast period (2020-2026). Frozen Foods have increasingly become an integral part of daily diets among people. Busy lifestyles and increasing working population have driven the food manufacturing industry to produce new products in the form of frozen foods to meet the surging demand for ready to eat food items. Rising demand for convenience and Ready-to-Eat (RTE) food products is a major growth driving factor for the global frozen foods market. The longer shelf life of frozen foods without decay is also boosting its demand across the globe. In addition, the easy availability of these foods in different types has also catalyzed the demand further. The rising population coupled with increasing disposable income levels, especially in the emerging regions such as the Asia Pacific, has impacted positively on the overall product demand. To add on, cold chain infrastructure also plays a pivotal role in driving the frozen food market, as it helps to transport products at both the domestic and international levels. The global demand for fresh and processed fruits & vegetables has tremendously surged, as the consumption habits of the urban population have changed dramatically. This demand is fulfilled using cold chain logistics to maintain the temperature and quality of frozen food products. The rise in the export and import of frozen food has spurred accredited to the strong global cold chain services available in developed economies. According to the International Association of Refrigerated Warehouses (IARW), a core partner of the Global Cold Chain Alliance (GCCA), it has been estimated that the global capacity of refrigerated warehouses increased to 616 million cubic meters (m3) in 2018, from 552 million cubic meters (m3) in 2014.<\/p>\n

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Try Free Sample of Global Frozen Food Market @   https:\/\/www.wiseguyreports.com\/sample-request\/5762639-frozen-food-market-current-scenario-and-forecast-2020<\/a><\/strong><\/p>\n

Furthermore, in 2018, almost 25% of the population bought food and groceries from online retail channels. With the growing penetration of the internet and smartphone usage, retail grocery shopping is emerging as one of the platforms for companies to showcase and sell their frozen food products. The frozen food products market mainly consists of fruits and vegetables, dairy products, bakery products, meat and seafood products, and convenience food and ready meals, as well as other products. Developed countries such as the US, Germany, France, and Japan dominate the frozen food market owing to the high purchasing power of consumers. While the convenience foods and ready meals segment hold the largest market share; attributed to hectic work schedules of people, globally, resulting in increased global consumption of frozen foods.<\/p>\n

“Amongst Product Category, Ready-to-Eat food segment dominated the market in 2019, accounting for 42.9% share in terms of value”
Based on the product category, the global frozen food market is fragmented into ready to eat, ready to cook and ready to drink frozen foods. The popularity of ready to eat meals has witnessed a rapid rise accredited to immense convenience and ease offered coupled with increasing working women population, increasing disposable income and changing lifestyles. The segment is anticipated to generate revenue of US$ 138.52 billion by 2026.
“Frozen Ready Meals dominated the product type segment of the frozen foods market in 2019, followed by Frozen Fish\/Seafood”<\/p>\n

Based on product type, the global frozen food market is bifurcated into Frozen Meat, Frozen Fish\/Seafood, Frozen Ready Meals, Frozen Bakery, Frozen Pizza, Frozen Potato and others. Growing inclination towards frozen ready meals, increasing health awareness and surging spend on health and wellbeing has catalyzed the growth of the market. The segment generated revenue of US$ 54.05 billion in 2019. The Frozen Bakery Products segment is anticipated to register the highest CAGR growth of 5.1% during the forecast period 2020-2026.<\/p>\n

“Frozen Foods are majorly sold through Supermarket\/Hypermarket, followed by Independent Retailers”
Based on the distribution channel, the global frozen food market is bifurcated into supermarket\/hypermarkets, Independent Retailers, Convenience Store and other channels such as specialist retailers and online modes. Preference for supermarkets\/ hypermarkets with respect to ease of availability over conventional distribution channels for buying frozen foods has risen tremendously due to cost-effectiveness and better convenience. The segment is expected to generate revenue of US$ 226.26 billion by 2026 through the sales of frozen food products.
“Europe was the largest market for the frozen food industry in 2019, accounting for 38.5% share”<\/p>\n

For a deep-dive analysis of the frozen food industry, detailed country-level analysis was conducted for major region\/country including Americas (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea) and Rest of the world. It has been observed that most of the European countries prefer domestically produce products. Increasing government initiative and support to boost the domestic production of frozen food products such as meat and poultry product is further expected to boost the market for frozen food in the near future globally. Moreover, changing lifestyles, increasing the women population in the corporate world and growing demand for vegan frozen food constitute to be the additional factors attributed to an increase in demand for frozen food products over the forecast period in the region. Asia-Pacific is expected to generate revenue of US$ 81.74 billion by 2026.<\/p>\n

Competitive Landscape-Top 10 Market Players<\/strong>
Nestle SA, Ajinomoto, Goya Foods, ConAgra Foods, General Mills, Heinz Company, Tyson Foods, Unilever PLC, Maple Leaf Foods, Nomad Foods, Mc Can Foods Ltd, Dr. Oetker are some of the prominent players operating in the frozen foods industry. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products in the frozen food domain.<\/p>\n

Reasons to buy:<\/strong>
• Current and future market size from 2020 to 2026 in terms of value (US$)
• Combined analysis of deep-dive secondary research and input from primary research through Key Opinion Leaders of the industry
• Country-level details of the overall consumption of Frozen Foods
• A quick review of overall industry performance at a glance
• In-depth analysis of key industry players
• A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
• Examination of industry attractiveness with the help of Porter’s Five Forces analysis and start ups
• The study comprehensively covers the market across different segments and sub-segments of the market
• Regions\/Countries Covered: Americas (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea) and Rest of the world
Customization Options:
UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Frozen Foods market can be customized to the country level or any other market segment.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

If you have any enquiry before buying a copy of this report @  https:\/\/www.wiseguyreports.com\/enquiry\/5762639-frozen-food-market-current-scenario-and-forecast-2020<\/a><\/strong><\/p>\n

 Some points from table of content:<\/em><\/strong><\/p>\n

1. MARKET INTRODUCTION
2. RESEARCH METHODOLOGY OR ASSUMPTION 18
3. INDUSTRY PERFORMANCE 20
4. EXECUTIVE SUMMARY 21
5. MARKET OVERVIEW 23
6. LEGAL & REGULATORY FRAMEWORK 27
7. DEMAND AND SUPPLY SIDE ANALYSIS 28
8. VALUE CHAIN ANALYSIS 32
10. PROCESSING CYCLE OF FROZEN FOODS 34
11. MARKET INSIGHTS BY PRODUCT CATEGORY 35
12. MARKET INSIGHTS BY PRODUCT TYPE 39
13. MARKET INSIGHTS BY DISTRIBUTION CHANNEL 47
14. MARKET INSIGHTS BY REGION 52
15. COMPETITIVE SCENARIO 90
15.1 Porter’s Five forces analysis 90
15.1.1 Bargaining power of Supplier 91
15.1.2 Bargaining power of Buyer 91
15.1.3 Industry Rivalry 91
15.1.4 Availability of Substitute 91
15.1.5 Threat of new Entrants 92
15.2 Competitive Landscape 92
15.2.1 Market Share of Key Players in Frozen Foods Market, 2019 93
16. TOP COMPANY PROFILES 94
16.1 Ajinomoto Co. Inc. 94
16.1.1 Key Facts 94
16.1.2 Business Description 94
16.1.3 Key Product\/Services Offerings 95
16.1.4 Growth Strategy 97
16.1.5 SWOT Analysis 98
16.1.6 Key Financials 99
16.1.6.1 Revenue Split, by Region and Segment 100
16.1.6.2 Financial Overview of Ajinomoto 100
16.1.7 Recent Developments 100
16.1.7.1 Partnerships 100
16.1.7.2 Business Expansions and Investment 101
16.1.7.3 Merger& Acquisitions 103
16.2 Nestle SA 105
16.2.1 Key Facts 105
16.2.2 Business Description 105
16.2.3 Key Product\/Services Offerings 105
16.2.4 Growth Strategy 106
16.2.5 SWOT Analysis 106
16.2.6 Key Financials 107
16.2.6.1 Revenue Split 108
16.2.6.2 Financial Overview of Nestle SA 108
16.2.7 Recent Developments 109
16.2.7.1 Product Launches 109
16.2.7.2 Partnerships (Strategic Alliance) 109
16.2.7.3 Business Expansions 109
16.2.7.4 Mergers & Acquisitions 109
16.3 Goya Foods 110
16.3.1 Key Facts 110
16.3.2 Business Description 110
16.3.3 Key Product\/Services Offerings 110
16.3.4 Growth Strategy 111
16.3.5 SWOT Analysis 111
16.3.6 Key Financials 112
16.3.6.1 Revenue Split 113
16.3.6.2 Financial Overview of Goya Foods 113
16.3.7 Recent Developments 114
16.3.7.1 Product Launches 114
16.3.7.2 Partnerships (Strategic Alliance) 114
16.3.7.3 Business Expansions 114
16.3.7.4 Mergers& Acquisitions 114
16.4 ConAgra Foods 115
16.4.1 Key Facts 115
16.4.2 Business Description 115
16.4.3 Key Product\/Services Offerings 115
16.4.4 Growth Strategy 116
16.4.5 SWOT Analysis 116
16.4.6 Key Financials 117
16.4.6.1 Revenue Split 118
16.4.6.2 Financial Overview of ConAgra Foods 118
16.4.7 Recent Developments 119
16.4.7.1 Product Launches 119
16.4.7.2 Partnerships (Strategic Alliance) 119
16.4.7.3 Business Expansions 119
16.4.7.4 Mergers& Acquisitions 119
16.5 General Mills 120
16.5.1 Key Facts 120
16.5.2 Business Description 120
16.5.3 Key Product\/Services Offerings 120
16.5.4 Growth Strategy 121
16.5.5 SWOT Analysis 121
16.5.6 Key Financials 122
16.5.6.1 Revenue Split 123
16.5.6.2 Financial Overview of General Mills 123
16.5.7 Recent Developments 124
16.5.7.1 Product Launches 124
16.5.7.2 Partnerships (Strategic Alliance) 124
16.5.7.3 Business Expansions 124
16.5.7.4 Mergers& Acquisitions 124
16.6 Heinz Company 125
16.6.1 Key Facts 125
16.6.2 Business Description 125
16.6.3 Key Product\/Services Offerings 125
16.6.4 Growth Strategy 126
16.6.5 SWOT Analysis 126
16.6.6 Key Financials 127
16.6.6.1 Revenue Split 128
16.6.6.2 Financial Overview of Heinz Company 128
16.6.7 Recent Developments 129
16.6.7.1 Product Launches 129
16.6.7.2 Partnerships (Strategic Alliance) 129
16.6.7.3 Business Expansions 129
16.6.7.4 Mergers& Acquisitions 129
16.7 Tyson Foods 130
16.7.1 Key Facts 130
16.7.2 Business Description 130
16.7.3 Key Product\/Services Offerings 130
16.7.4 Growth Strategy 131
16.7.5 SWOT Analysis 131
16.7.6 Key Financials 132
16.7.6.1 Revenue Split 133
16.7.6.2 Financial Overview of Tyson Foods 133
16.7.7 Recent Developments 134
16.7.7.1 Product Launches 134
16.7.7.2 Partnerships (Strategic Alliance) 134
16.7.7.3 Business Expansions 134
16.7.7.4 Mergers& Acquisitions 134
16.8 Mc Can Foods Ltd 135
16.8.1 Key Facts 135
16.8.2 Business Description 135
16.8.3 Key Product\/Services Offerings 135
16.8.4 Growth Strategy 136
16.8.5 SWOT Analysis 136
16.8.6 Key Financials 137
16.8.6.1 Revenue Split 138
16.8.6.2 Financial Overview of Mc Can Foods Ltd 138
16.8.7 Recent Developments 139
16.8.7.1 Product Launches 139
16.8.7.2 Partnerships (Strategic Alliance) 139
16.8.7.3 Business Expansions 139
16.8.7.4 Mergers& Acquisitions 139
16.9 Unilever PLC 140
16.9.1 Key Facts 140
16.9.2 Business Description 140
16.9.3 Key Product\/Services Offerings 140
16.9.4 Growth Strategy 141
16.9.5 SWOT Analysis 141
16.9.6 Key Financials 142
16.9.6.1 Revenue Split 143
16.9.6.2 Financial Overview of Unilever PLC 143
16.9.7 Recent Developments 144
16.9.7.1 Product Launches 144
16.9.7.2 Partnerships (Strategic Alliance) 144
16.9.7.3 Business Expansions 144
16.9.7.4 Mergers& Acquisitions 144
16.10 U.S. Maple Leaf Foods 145
16.10.1 Key Facts 145
16.10.2 Business Description 145
16.10.3 Key Product\/Services Offerings 145
16.10.4 Growth Strategy 146
16.10.5 SWOT Analysis 146
16.10.6 Key Financials 147
16.10.6.1 Revenue Split 148
16.10.6.2 Financial Overview of Maple Leaf Foods 148
16.10.7 Recent Developments 149
16.10.7.1 Product Launches 149
16.10.7.2 Partnerships (Strategic Alliance) 149
16.10.7.3 Business Expansions 149
16.10.7.4 Mergers& Acquisitions 149<\/p>\n

For more information or any query mail at<\/strong> sales@wiseguyreports.com<\/strong><\/p>\n

About Us<\/strong>
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.<\/p>\n

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