Published Sat, Dec 7th 2019
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
As per the report that was published recently, the global frozen meal market is anticipated to exceed growth expectation over the forecast period. The primary factor contributing to this ascension is a shift of consumer preferences towards convenience foods. Further, busy lifestyles have encouraged a higher number of consumers to opt for ready-to-eat food products, which is supplementing the frozen meal market growth. Such growth can also be resultant of the rising hygiene and time effective conveniences which is bound to remain the chief factor delegating growth in the entire industry.
As compared to fresh food products, the frozen food products comprise maximum nutrients. The main reason behind this is the fact that due to freezing, the products deter any microbial growth. Apart from that, such freezing is done without the use of any preservatives, which doesn’t compromise the quality or integrity of the food products. These factors have amplified the inclination of consumers towards frozen meals, from fresh food products, hence, fostering market growth. Apart from that, growing online shopping for staple food products has starting gaining momentum owing to ease of activity. This rise in popularity is noted mostly in developed countries of the world, while the developing countries are witnessing fast emergence of the same. This is estimated to bear a positive impact on the frozen meals industry.
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Frozen meals also aid in the augmentation of the shelf life of fruits and vegetables. Also, the availability of refrigeration media for industrial and commercial freezing is expected to benefit the industrial growth. Staple food comprises a dominant portion of a standard diet for most people, which means the fulfilment of the nutrient requirement for the relevant region. Increasing disposable income of buyers has led to an augmentation of buyer’s preferences for fast staple food consumption. All these factors are contributing to the ascension of the global frozen meal market over the forecast period.
Global Frozen Meal Market : Key Players
California Pizza Kitchen
The global frozen meal market is studied for various segments that are based on type, application, and region. Based on type, the global frozen meals market is segmented into chicken meals, vegetarian meals, and beef meals. Based on application, the global frozen meals market is segmented into department store and food chain services. Such segmentation has been studied for gaining a deeper insight in the market landscape and help the audience of this report with better decision making.
Detailed Regional Analysis
The global frozen meal market is segmented into the regions of North America, South America, Asia Pacific, Europe, and the MEA. Europe’s frozen food market is likely to expand at a fast pace over the forecast period, as per the latest report. Apart from that, North America is expected to witness fast paced ascension over the same estimate period. This can be owed to the high disposable income of consumers, and lifestyle changes that are encouraging the adoption of frozen meals.
October 2019: Ree Drummond recently introduced a line of frozen meals that are a perfect fit for holidays. These side dishes include Mac and cheese, green bean casserole, and sweet potato and kale casserole, among others.
Table of Contents
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
9 Southeast Asia
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst's Viewpoints/Conclusions
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