#Frozen Food Market Growth

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Navigating Regulatory Frameworks in the Frozen Food Market

The Frozen Food market will grow at highest pace owing to increasing demand for convenient food products The frozen food market includes various frozen food products such as frozen pizza, meat products, seafood, vegetables, fruits, ready meals, French fries and other similar food products. Frozen food items are conveniently stored and have a longer shelf life as compared to fresh food items due to freezing at extremely low temperatures which slows down the growth of microorganisms. Frozen food items offer a variety of choices to consumers in terms of variety, flavor and can be cooked quickly. The global frozen food market is estimated to be valued at US$ 167116.37 Mn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030. Market Trends Health and wellness trend - The increasing health consciousness among consumers has driven demand for frozen foods that are low in calories, fat, sugar and sodium. Many frozen food manufacturers are offering product lines focused on natural and organic ingredients. Sustainability - Issues like food wastage and packaging waste have prompted frozen food producers to adopt sustainable sourcing and packaging practices. Companies are using more recyclable and eco-friendly materials for frozen food packaging. Market Opportunities Millennials and Generation Z - Younger consumer groups are fueling demand for nutrition-rich frozen meals and snacks on-the-go due to their fast-paced lifestyles. Players can launch products tailored to the tastes and preferences of these demographic segments. Plant-based frozen foods - Vegetarianism and veganism are on the rise globally due to health and environmental reasons. There is opportunity to develop more innovative frozen food options from plant-based ingredients like meat alternatives, dairy substitutes etc. Impact of COVID-19 on Frozen Food Market Growth The COVID-19 pandemic has significantly impacted the growth of the frozen food market globally. During the initial lockdown phases in early 2020, a significant decline in the sales of frozen food products was witnessed due to closure of hotels, restaurants, and limited operations of retail stores. The supply chain disruptions caused shortages and impacted the availability of products in stores. Fastest Growing Region for Frozen Food Market The Asia Pacific region is expected to be the fastest growing market for frozen foods over the forecast period. The increasing population, rapid urbanization, rising disposable income, and changing food consumption patterns are some of the key factors fueling the demand for frozen foods in Asia Pacific countries like China, India and Japan. The growth of modern retail formats like supermarkets and hypermarkets has enhanced the availability and visibility of frozen food products across major APAC cities. Moreover, growing working women population opting for convenient ready-to-eat or cook meals is propelling the market growth in the region. Leading global frozen food players are focusing on penetrating untapped markets in South East Asian countries by adapting innovative marketing strategies and localization of products. The APAC frozen food market is anticipated to attract significant investments due to availability of resources, low production costs and growing frozen food consumption trend among Asian consumers.

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Trawl Ropes and Nets Market: Emerging Trends in Gear Technology and Mesh Design

Trawl ropes and nets are essential fishing equipment used to catch fish and seafood from seawater bodies. Trawl ropes are made from durable synthetic fibers like polyethylene, polypropylene, and nylon, which provide high tensile strength for towing fishing trawl nets. Trawl nets are net bags used to catch fish and come in a variety of mesh sizes based on the target catch. They find widespread adoption in commercial fishing due to their ability to efficiently harvest large quantities of fish and seafood. The global trawl ropes and nets market is estimated to be valued at US$ 359.05 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market Opportunity The rising fishing activities across the globe are fueling the need for high-quality trawl ropes and nets. According to the Food and Agriculture Organization (FAO), the global fish production increased from 146 million tons in 2000 to over 179 million tons in 2016 owing to the growing seafood demand and availability of advanced fishing techniques. The commercial fishing industry relies heavily on trawl gears for bulk harvesting of demersal and pelagic fish stocks. As a result, the demand for durable and efficient trawl equipment like ropes and nets from fishing vessel owners is surging continually. The increasing fish production is expected to drive the trawl ropes and nets market substantially over the forecast period. Porter's Analysis

Threat of new entrants: Low barrier to entry as new players can enter the market easily but established players have strong brand recognition and distribution channels. Bargaining power of buyers: Buyers have moderate bargaining power as they can choose from various domestic and international players but specialized equipment requires long term relationships. Bargaining power of suppliers: Suppliers have low to moderate bargaining power as raw materials like nylon, polyester are globally available from numerous suppliers but specialized requirements create supplier dependencies. Threat of new substitutes: Low threat as trawl ropes and nets have no close substitutes and fishing industry requires these specialized products. Competitive rivalry: High as the market is fragmented with numerous global and regional players competing on pricing, quality, service and innovation. SWOT Analysis

Strengths: Specialized products meeting regulatory and industry standards. Established production and distribution footprint benefits large players. Weaknesses: Seasonal demand cycles add volatility. Exposure to regulations on fishing. Smaller players have limited resources. Opportunities: Growth in global seafood trade increases demand. Innovation in materials can improve performance and sustainability. Threats: Restrictions to expand fishing territories impacts demand. Low entry barriers allow new local challengers to emerge. Key Takeaways The global Trawl Ropes and Nets market is expected to witness high growth over the forecast period aided by increasing seafood demand and regulations on sustainable fishing.

Regional analysis: Asia Pacific due to sustainable fishing policies and growing middle class demanding seafood in China and India. Usage of fishing nets and other equipment are mandatory under regulatory environment ensuring continued demand growth. Key players operating in the Trawl Ropes and Nets market are Koninklijke DSM N.V., Jaya Nets Sdn. Bhd, Nitto Seimo Co., Ltd, Hampidjan Group, Carlsen Net A/S, King Chou Marine Technology, Azuka Synthetics LLP, LFS Inc., Akvaservis, Asia One Marine (HK), AIMI Ltd (UK). Large multinational players focus on product innovation and expansion in high growth regions.

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Market Movers: Key Players and Strategies in the Frozen Food Landscape

The frozen food market has experienced significant growth and transformation in recent years, becoming a key segment in the global food industry. This market's expansion can be attributed to changing consumer lifestyles, increased awareness of convenience, and advancements in freezing technologies. As busy schedules and hectic lifestyles become more prevalent, consumers are seeking quick and convenient meal options, driving the demand for frozen foods.

One of the primary factors contributing to the growth of the frozen food market is the convenience it offers. Frozen foods provide consumers with ready-to-cook or heat-and-eat options, saving time and effort in meal preparation. This convenience factor is particularly appealing to working professionals, busy families, and individuals with on-the-go lifestyles. The wide range of frozen products available, including frozen fruits and vegetables, ready meals, and frozen snacks, caters to diverse consumer preferences.

Advancements in freezing technologies have played a crucial role in enhancing the quality of frozen foods. Quick freezing techniques help preserve the nutritional value, texture, and flavor of food products. This has led to a shift in consumer perception, with many recognizing that frozen foods can be as nutritious as fresh alternatives. Additionally, the extended shelf life of frozen products reduces food waste, aligning with the growing global focus on sustainability.

The frozen food market has also witnessed innovation in product offerings, with manufacturers introducing healthier options and catering to specific dietary needs. Low-calorie, gluten-free, and organic frozen food products have gained popularity among health-conscious consumers. This trend reflects a broader shift in consumer preferences toward a balance between convenience and healthier eating choices.

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The Frozen Food Market size is estimated to reach $383.3 billion by 2028, growing at a CAGR of 5.5% during the forecast period 2023-2028. The surging impulse buys of frozen foods are set to drive the Frozen Food Market.

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Frozen Foods Market Size, Share, Competitive Landscape, Trend, Opportunities, Industry Analysis, and Forecast

The global frozen foods market, valued at USD 284.2 billion in 2023, is expected to grow at a CAGR of 5.1%, reaching USD 363.7 billion by 2028. Rising consumer demand for convenient meal solutions due to busier lifestyles is driving this growth. Innovations in freezing and packaging technologies have enhanced the quality and shelf life of frozen foods, making them more attractive to consumers. Furthermore, increasing concerns about food waste and a preference for longer-lasting food items are boosting the popularity of frozen products. The growing range of healthier frozen options, including fruits, vegetables, and organic items, aligns with the trend towards health and wellness, fueling further expansion in the market.

Frozen Foods Market Drivers: Rapid Growth in Packaged Food & Beverage Drives Growth in the Frozen Foods Market

The rapid expansion of the packaged food and beverage industry is significantly driving the growth of the frozen foods market. This dynamic is due to several key factors. First, the rise in demand for packaged foods is linked to shifting consumer lifestyles and preferences. Today’s consumers value convenience, portability, and extended shelf life.

Frozen foods perfectly match these demands, offering convenient, ready-to-eat or easy-to-prepare meal options. They provide a practical solution for individuals and families seeking quick and hassle-free dining alternatives.

Additionally, the strong distribution networks and marketing strategies of the packaged food industry help frozen food products reach a wider audience. This mutual growth benefits both sectors as they address the evolving consumer desire for convenience and variety in their food options.

Frozen Foods Market Opportunities: Rising disposable incomes in emerging economies, driving frozen foods segment

The growth of processed food trade presents a major opportunity for the frozen foods market. As global trade networks expand, the frozen foods industry stands to gain in several ways. First, increased international trade allows for a greater exchange of processed foods, including frozen options, giving consumers access to a broader selection of global products and enhancing their culinary experiences. Second, globalization facilitates the import and export of frozen food ingredients, leading to cost-effective sourcing of raw materials. This can result in more competitive pricing and higher profitability for frozen food manufacturers. Additionally, international trade fosters innovation and the creation of new frozen food products tailored to diverse regional tastes, which can attract a wider consumer base and drive market growth.

Frozen Foods Market Trends

Health and Wellness: Consumers are increasingly seeking healthier frozen food options, including those with organic ingredients, fewer additives, and lower sodium content. There's a growing demand for frozen fruits, vegetables, and lean protein options as people become more health-conscious.

Plant-Based Alternatives: With the rise in vegetarianism, veganism, and flexitarian diets, there's a surge in demand for plant-based frozen foods. This includes plant-based meat substitutes, dairy-free ice creams, and vegetable-based frozen meals, catering to the needs of diverse dietary preferences.

Convenience and Time-Saving: Busy lifestyles and hectic schedules have fueled the demand for convenient meal solutions. Frozen foods offer quick and easy meal options without compromising on taste or nutrition. Single-serve frozen meals, microwaveable snacks, and pre-cut frozen produce are gaining popularity among consumers seeking hassle-free meal solutions.

Premiumization: Consumers are willing to pay more for higher-quality frozen food products. Brands are focusing on premium ingredients, innovative packaging, and gourmet flavors to differentiate themselves in the market. Premium frozen pizzas, artisanal ice creams, and specialty frozen appetizers are witnessing increased demand among discerning consumers.

Europe Dominates the Frozen Foods Market Share.

Europe is a major center for frozen vegetable consumption, fueled by busy lifestyles and a growing demand for convenient, nutritious, and cost-effective food options. Increased incomes and evolving dietary preferences are driving this market, with a notable shift toward plant-based diets. Key opportunities for vegetable suppliers are concentrated in Germany, France, Belgium, Italy, and the Netherlands. The rising awareness of the nutritional benefits of frozen vegetables over fresh and refrigerated options is boosting demand, particularly among younger consumers.

In 2021, Europe imported frozen vegetables worth €3 billion, totaling 2.8 million tonnes. Of these imports, 91% came from within Europe, while only 9% were sourced from developing countries. Europe’s position as a leading global producer of frozen vegetables supports this predominantly internal trade. Germany, with a 20% market share, is the top importer, followed by France (18%) and Belgium (14%). Germany and France, in particular, are key focus markets, while Belgium, although a significant producer and exporter, also imports some vegetable varieties. Italy, the Netherlands, Spain, and Sweden are also important markets in Europe.

Germany ranks as the world’s third-largest importer of frozen vegetables, trailing only the United States and Japan, and leads Europe in this sector. In 2021, 90% of Germany’s frozen vegetable imports came from other European countries, with the remaining 10% sourced from developing nations. This strong intra-European import activity plays a crucial role in the growth of the European frozen foods market.

The contract catering sector, where organizations outsource catering services to specialized companies, is gaining traction across businesses, public authorities, childcare centers, educational institutions, healthcare facilities, and correctional institutions in Europe. According to Food Service Europe, the contract catering industry has an annual turnover exceeding USD 26.59 billion and shows significant growth potential, as only 35% of European firms or collective organizations providing social food services currently have catering contracts.

Top Frozen Foods Companies

The key players in this market include General Mills Inc. (US), Nestlé (Switzerland), Unilever (Netherlands), McCain Foods Limited (Canada), Conagra Brands, Inc. (US), Kellogg's Company (US), Grupo Bimbo (Mexico), and The Kraft Heinz Company (US)

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The global frozen foods market size was USD 284.2 billion in 2023 and is projected to grow from USD 363.7 billion in 2028, at a CAGR of 5.1%.

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Frozen Food Market Finesse: Elevating Your Cuisine with Chill Creations

The frozen food market has witnessed significant growth over the past few years owing to the growing demand for convenience foods. Frozen foods offer benefits such as long shelf-life, convenience of use and consistency of taste. Moreover, the process of freezing foods retains maximum nutrition, freshness and flavor. Key products in the frozen food market include frozen ready meals, meat and poultry, seafood, fruits and vegetables. The emergence of private label brands with diverse product offerings has also fuelled the demand for frozen foods. The Global frozen food market is estimated to be valued at US$167116.37 Mn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030. Growing urbanization and busier lifestyles have increased the demand for packaged, easy-to-cook foods. This has boosted the sales of frozen foods as they provide convenience without compromising on taste or nutrition. Moreover, rising disposable incomes in developing economies has allowed consumers to spend more on premium frozen food products. Key Takeaways

Key players: Key players operating in the frozen food market are Nestle S.A., Ajinomoto Co., Inc., Kraft Foods Group, Inc., ConAgra Foods, Inc., General Mills, Inc., H.J. Heinz Company, Tyson Foods, Inc., Unilever Plc., Maple Leaf Foods, Inc., and Pinnacle Foods, Inc. These players are focusing on new product launches catering to evolving tastes and preferences. For instance, Nestle S.A launched a range of frozen dumplings and bao in 2021. Growing demand: The global frozen food market is expected expand significantly owing to changing lifestyles, rising number of working women and emergence of nuclear families which boost the demand for convenience foods. Furthermore, increasing health awareness is leading to demand for frozen organic foods and foods with functional benefits. Global expansion: Major frozen food manufacturers are expanding their footprint globally through acquisitions and partnerships. For instance, Tyson Foods acquired Kentucky-based Keystone Foods in 2018 to strengthen its frozen and refrigerated value-added food business globally. Moreover, private labels brands are also expanding across regions which further intensifies the competition. Market Key Trends

One of the major trends in the frozen food market is increasing demand for plant-based and vegetarian frozen meals and snacks. With growing health and environment consciousness, consumers are shifting towards more healthier and sustainable diets. Plant-based frozen food options provide similar taste and texture to their meat counterpart. Moreover, advancements in plant-protein technology have enabled manufacturers to imitate meat texture and flavors very closely. This is positively impacting the sale of frozen plant-based meat substitutes.

Porter’s Analysis

Threat of new entrants: Frozen food requires huge infrastructures and capital investment, limiting the threat of new entrants. Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes. Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of alternatives. Threat of new substitutes: Substitutes like fresh and canned food pose moderate threat. Competitive rivalry: Intense competition from existing players. Frozen food market value is highly concentrated in North America and Europe. North America accounts for the largest market share owing to increasing trend of consuming ready-to-eat food amongst consumers. Europe follows North America in terms of frozen food market value share majorly driven by developed economies like Germany, UK and France. The Asia Pacific region is growing at the fastest rate for frozen food market primarily due to changing food consumption habits and rising disposable income in emerging economies like China and India. The demand for frozen foods is expected to increase substantially in Asia Pacific supported by growing middle class population, rapid urbanization and busy lifestyles.

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Market Segmentation: Unraveling Diverse Product Categories in the Frozen Processed Food Market

Frozen processed food includes a variety of ready-to-eat food products such as frozen pizza, meat products, seafood, ready meals and several bakery and convenience food items that undergo processing or treatment in order to prevent contamination and extend shelf life. Frozen processed foods offer consumers nutritious and wholesome meal options in less time compared to fresh foods preparation. The convenience and nutrition benefits offered by frozen processed foods have led to significant demand among consumers.

The global Frozen Processed Food Market is estimated to be valued at US$ 167115.0 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing demand for nutritious and healthy food options presents a key opportunity for the frozen processed food market. With rising health awareness, consumers are increasingly preferring food products that are low in fat, sugar and calories. Frozen processed foods manufactured by major players are rich in nutrients but low in unhealthy ingredients. They offer similar nutrition level as fresh foods while being convenient to consume. Manufacturers are innovating in terms of developing varied product portfolio including organic, gluten-free and vegetarian/vegan frozen food items. They are also focusing on clean-label products. The market opportunity for providing healthy and nutritious frozen food choices supports the growth of the market over the forecast period. Porter’s Analysis Threat of new entrants: The frozen processed food market requires high capital investment for production, distribution and branding. Established players enjoy economies of scale and customer loyalty making entry difficult for new players. Bargaining power of buyers: Buyers have moderate bargaining power given the availability of substitutes. However, branded products and loyalty creates switching costs for buyers. Bargaining power of suppliers: Suppliers of raw materials like vegetables and meat have low bargaining power given the availability of alternatives. Suppliers are highly fragmented. Threat of new substitutes: Substitutes like ready-to-eat meals pose competition. However, frozen foods offer variety, convenience and can be stored for longer. Competitive rivalry: The market is highly competitive with large multinational players dominating. Companies compete on brand, variety, quality, promotions and expanding distribution. SWOT Analysis Strength: Branded players enjoy strong brand recognition, distribution networks, varied product portfolio and economies of scale. Demand is growing due to changing lifestyles and demand for convenience foods. Weakness: Heavy reliance on few raw materials makes players vulnerable to price fluctuations. Food safety issues can impact brands adversely. Large players face challenges in customizing products for regional tastes. Opportunity: Emerging markets offer huge untapped growth potential. Changing diets and rising incomes will propel demand. Innovation in product formulations, packaging can aid growth. Threats: Economic slowdowns can impact demand adversely. Substitutes pose competition. Stringent regulations around food safety and labeling compliance increase operating costs. Key Takeaways The global frozen processed food market is expected to witness high growth. The global Frozen Processed Food Market is estimated to be valued at US$ 167115.0 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030.

North America currently dominates due to busy lifestyles and demand for convenience foods. However, growth is expected to be higher in Asia Pacific region led by India and China. Changing diets, urbanization and rising incomes are propelling demand for frozen foods in the region. Key players operating in the frozen processed food market are Nestle S.A., ConAgra Foods, Inc., Kraft Foods Group, Inc., Mother Dairy Fruit & Vegetable Pvt Ltd, BRF S.A., General Mills, Inc., Maple Leaf Foods Inc., Tyson Foods, Inc., and Unilever Plc. Large multinationals are focusing on product innovation, facility expansion and mergers and acquisitions to strengthen their market position. Companies are also targeting smaller cities and towns for growth. Private labels pose competition but are not significant substitutes for leading brands due to quality perceptions.

[futuretonext]

The Global Frozen Food Market is projected to grow at around 4.8% CAGR during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the increasing population & its massive food requirements, coupled with the burgeoning number of working people, i.e., propelling the demand for frozen food as a convenient option with minimal or no preparation time. 

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Emerging Trends in Packaging within the Frozen Food Market

Frozen food products are pre-cooked or raw food items that are frozen and packed for consumption at a later stage. Frozen food offers various advantages such as longer shelf life, retention of nutritional value, and convenience of consumption. With changing dietary patterns and busy lifestyle, demand for convenient frozen food products such as frozen pizza, frozen ready meals, frozen seafood, frozen meat, and frozen vegetables is growing among the working population.

The global frozen food market is estimated to be valued at US$ 167116.37 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The strong demand from the working population represents a key opportunity for the frozen food market. With rising number of dual-income households and busy schedules, people have less time for cooking meals from scratch. Moreover, young consumers prefer convenient options that save time on cooking. Frozen food addresses these needs as it offers convenience and helps save time for working individuals and nuclear families. The hectic lifestyles have increased the consumption of packaged and ready-to-eat foods including frozen varieties. Various players are launching new frozen ready meals, pizzas, snacks to cater to the growing demand from time constrained consumers. They are also improving packaging and offering microwavable products. The market is expected to significantly benefit from the trend of nuclearization and rising women workforce. Porter’s Analysis Threat of new entrants: The frozen food market requires high investments and resources to build production facilities and distribution networks. Established brands also enjoy benefits of economies of scale and customer loyalty which poses barriers for new entrants. Bargaining power of buyers: The buyers in the frozen food market have moderate to high bargaining power due to availability of substitutes and brand alternatives. They can choose from a wide variety of products from different brands. Bargaining power of suppliers: A few large multinational players dominate the supply of raw materials like meat, vegetables and fruits. This gives them significant power over pricing. Threat of new substitutes: Alternatives like fresh and canned foods pose threat to frozen varieties. Changing consumer preferences can shift demand quickly. Competitive rivalry: The market is fragmented with global and regional players competing on basis of price, quality, innovation and branding. M&A activities are common. SWOT Analysis

Strengths: Wide product range, Economies of scale, Strong brand perception, Robust distribution channels

Weaknesses: Seasonal demand, Perceptions around processed food, Heavy reliance on few suppliers

Opportunities: Expanding into emerging markets, Growth in organized retail, Innovation in product offerings

Threats: Price wars, Rising input costs, Strict regulatory frameworks, Shift to fresh alternatives Key Takeaways

The global frozen food market is expected to witness high growth supported by expanding middle class, hectic lifestyles and health benefits of frozen foods.

Regionally, North America currently dominates with U.S. being the major market. Europe follows in terms of revenues led by countries like France, Germany and UK. Asia Pacific is identified as the fastest growing region in frozen food market during the forecast period. Rising incomes, nuclear families and awareness around frozen foods will drive demand especially in India, China, Japan and Southeast Asian countries. Key players operating in the frozen food market are Nestle S.A., Ajinomoto Co., Inc., Kraft Foods Group, Inc., ConAgra Foods, Inc., General Mills, Inc., H.J. Heinz Company, Tyson Foods, Inc., Unilever Plc., Maple Leaf Foods, Inc., and Pinnacle Foods, Inc. These players are focusing on new product development, portfolio expansion and strategic mergers to gain competitive edge.

[imr-riya]

Frozen Food Market: Global Industry Analysis and Forecast 2022 – 2028

The Global Frozen Food Market was valued at USD 271.95 Billion in 2021, and it is projected to reach USD 406.22 Billion by 2028, registering an estimated CAGR of 5.9% during 2021- 2028.

Food and beverages which are thoroughly processed, packed, and preserved by freezing following good commercial practices, which are further intended for consumption are called as frozen food. Frozen foods are an extremely affordable and convenient way to incorporate nutritious and healthy foods, including fruits & vegetables, protein & dairy, as well as whole grains. Chefs across the globe are highly benefitted from frozen foods as they deliver excellent quality as well as reduce labor and waste. Frozen foods contain more minerals and vitamins as fresh foods tend to lose them over a certain time, whereas freezing preserves and retains nutrients. This is one of the major factors that attract maximum consumers to choose frozen food over fresh food. For instance, a survey of 2000 adults by Deloitte found that although consumers may enjoy the consumption of fresh foods, they are aware of the huge food waste, and thus opt for frozen foods owing to their nutritional value as well as extended shelf life. In the firm’s findings, 57% of all 18-34 years old adults stated that frozen vegetables are relatively better than fresh.

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The global Frozen Food market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Frozen Food industry.

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Key Industry Players in Frozen Food Market:

·         General Mills Inc. (US)

·         Nestle SA (Switzerland)

·         Conagra Brands Inc. (US)

·         Ajinomoto Co. Inc. (Japan)

·         McCain Foods Limited (Canada)

·         The Kellogg Company (US)

·         Grupo Bimbo S.A.B. DE C.V. (Mexico)

·         Lantmannen Unibake International (Denmark)

·         The Kraft Heinz Company (US)

·         Unilever PLC (UK)

·         Cargill Incorporated (US)

·         Wawona Frozen Food (US)

·         Tyson Foods, Inc. (US), and other major players.

The Frozen Food Market is expected to grow with a CAGR of %, during the forecast period 2022-2028, The market research report is compiled by Report Ocean with the participation of experience analysts from various industry domains. The market research report explains the various market determinants along with widely researched market sizing. Market estimation is a major part of the research report, which consist of quantitative analysis from available and analyzed market related data.

Segmentation Analysis Includes,

By Type:

·         Raw Material

·         Half-Cooked

·         Ready-To-Eat

By Product:

·         Convenience Food & Ready Meals

·         Meat & Seafood Products

·         Dairy Products

·         Bakery Products

·         Fruits & Vegetables

·         Others

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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·         This all owes you to expect market adjustments to continue to be in advance of your competitors

·         You will be in a position to replica information from the Excel spreadsheet straight into your advertising plans, commercial enterprise presentations, or different strategic documents

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·         Provision of market cost (USD Billion) records for every phase and sub-segment

·         Indicates the area and section that is predicted to witness the quickest increase as nicely as to dominate the market

The impact of the COVID-19 pandemic outbreak appeared to slow global revenue growth. It is evident that life, businesses, and economies have transformed in the past year–a process reflected in revenue increases and decreases. A disruption in production and a slowing demand was evident as workers went home, travel restrictions took place, and delay in raw materials supply. The effects of the pandemic on supply have been most visible. During the early days of the pandemic, companies in the worst-hit countries or companies dependent on supply chains in those countries suffered severely.

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The study examines the global Frozen Food market across several industrial verticals and geographic areas. Its goal is to estimate the market's size and future growth potential across many categories, including product type, end-user, and geography. In addition, the report offers a competitive analysis of the market's major competitors, including company biographies, SWOT analyses, recent developments, and important industry strategies. The research will assist new entrants and market leaders by offering the most accurate revenue estimates for the overall Frozen Food market and its sub-segments.

Related Report: -

https://introspectivemarketresearch.com/reports/frozen-seafood-market/

https://introspectivemarketresearch.com/reports/canada-frozen-bakery-market/

https://introspectivemarketresearch.com/reports/u.s-frozen-bakery-market/

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[data-bridge]

Frozen Vegetables Market Analysis by Industry Perspective, Comprehensive Analysis, Growth and Forecast 2022 to 2029

Industry Analysis

Data Bridge Market Research analyses that the frozen vegetables market was growing at a value of USD 18.18 billion in 2021 and is expected to reach a value of USD 27.02 billion and registering a CAGR of 5.08% from 2022 to 2029. 

Additionally, the credible Frozen Vegetables Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Food and Beverage industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

 

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Market Insights and Scope            

Frozen vegetables are items that can be stored and used for an extended period of time. Freezing helps to preserve the essential nutrients in vegetables, such as carotenes, which are required for the body to synthesize vitamin A. Furthermore, various food manufacturers use freezing to preserve food to avoid food waste, meet the needs of an increasing population, and keep food businesses competitive and profitable.

An international Frozen Vegetables Market research report examines competitive companies and manufacturers in the global market. Competitive analysis carried out in this market report puts forth the moves of the key players in the Food and Beverage industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. It studies market by product type, applications and growth factors.

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Industry Segmentation

The frozen vegetables market is segmented on the basis of type, distribution channel, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Beans

Corn

Peas

Mushroom

Cauliflower

Green Beans

Asparagus

Broccoli

Carrot

Potato

Others

Distribution channel

Supermarket/Hypermarket

Grocery Stores

Convenience Stores

Others

End user

Food Service Industry

Retail Customers

 

Market Country Level Analysis

The countries covered in the frozen vegetables market report are

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, 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, South Africa, Egypt, Israel, 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.

An influential Frozen Vegetables Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

 

Industry Share Analysis

Some of the major players operating in the frozen vegetables market are:

• JBS S.A. (U.S)

• Kraft Foods (U.S)

• BRF S.A. (Netherlands)

• Astral Foods (India)

• Hormel Foods (Hungary)

• 2 Sisters Food (France)

• Waitrose (Columbia)

• Wm. Morrison Supermarkets (U.K)

• Samworth Brothers (U.S)

• General Mills Inc (U.K)

• Conagra Brands, Inc (U.S)

• Nestlé (U.S)

• Unilever (India)

 

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Frozen Potato Market: Key Strategies for Manufacturers to Capitalize on Emerging Trends and Opportunities

The frozen potato market has witnessed remarkable growth in recent years, fueled by shifts in consumer habits and the rising demand for convenient food options. As urbanization accelerates globally, frozen potato products like fries, wedges, and hash browns are becoming increasingly popular due to their ease of preparation and long shelf life. This trend presents significant opportunities for manufacturers looking to capitalize on a growing market.

Convenience Food as a Key Market Driver

Convenience is a crucial factor in modern consumer behavior, and frozen potatoes align perfectly with this trend. With increasingly busy lifestyles, consumers seek easy-to-prepare meal options. Frozen potato products, which require minimal preparation and offer quick cooking solutions, appeal to individuals and families looking for fast, yet flavorful meals. Manufacturers can leverage this demand by offering products that cater to busy consumers’ needs.

The Fast-Food Industry: A Catalyst for Growth

The rapid expansion of the fast-food industry has significantly contributed to the growth of the frozen potato market. Fast-food chains, particularly in developing regions, heavily rely on frozen potato products like french fries. As these chains continue to expand globally, the demand for frozen potatoes is expected to increase, providing a reliable and consistent market for manufacturers. Fast-food giants remain key customers for suppliers in this sector.

Product Innovation as a Growth Strategy

Today’s consumers are constantly looking for new and exciting products, creating opportunities for frozen potato manufacturers to innovate. Traditional offerings such as french fries remain popular, but there is growing demand for a broader variety of potato-based products. Manufacturers can attract diverse consumer segments by introducing new flavors, shapes, and healthier alternatives, such as low-fat or gluten-free options. Innovation in product offerings can differentiate brands in a competitive market.

Sustainability and Ethical Sourcing: Addressing Consumer Concerns

Sustainability is an increasing priority for consumers, and frozen potato manufacturers can benefit by adopting eco-friendly practices. Utilizing sustainable packaging, reducing food waste, and ensuring ethical sourcing of potatoes can enhance brand reputation. Consumers are more likely to support companies that prioritize the environment and ethical labor practices, and manufacturers that embrace sustainability can tap into this growing demand.

Advancements in Freezing Technology and Packaging

Technological advancements in freezing processes, such as individual quick freezing (IQF), have improved the quality and texture of frozen potatoes, ensuring they retain their freshness and flavor. For manufacturers, investing in advanced freezing technologies can enhance product quality and extend shelf life, which is essential for gaining consumer trust. Packaging innovations, such as resealable or portion-controlled packs, also add convenience for consumers and improve market appeal.

Emerging Markets: Expanding Opportunities

While North America and Europe are mature markets, regions like Asia-Pacific and Latin America present significant growth opportunities. Rapid urbanization, rising disposable incomes, and changing dietary habits in these areas are increasing the demand for frozen food products, including potatoes. Western fast-food chains expanding into these regions further boost the market. Manufacturers can explore these emerging markets by localizing products to cater to regional preferences.

Health Consciousness: Challenges and Opportunities

Health-conscious consumers often view frozen and processed foods with caution due to concerns about additives, preservatives, and high sodium levels. However, this presents an opportunity for manufacturers to reformulate products and offer healthier options. Low-sodium, low-fat, and gluten-free frozen potato products can attract health-focused consumers. Clear labeling and communication of nutritional benefits, such as high fiber and vitamins, can also help improve consumer perception.

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The Importance of Foodservice and Retail Partnerships

Building strong partnerships with food service providers and retailers is essential for frozen potato manufacturers. Fast-food chains, casual dining restaurants, and catering services rely on bulk orders of frozen potato products, making these partnerships critical for long-term success. Similarly, retail channels like supermarkets and e-commerce platforms offer significant opportunities for visibility and sales. Manufacturers can benefit by developing strong relationships with retailers and offering attractive promotions to boost sales.

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Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)

The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.

Figure.   Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029

Figure.   Global Frozen Spring Roll Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.