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Frozen Food Manufacturing Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

Frozen Food Manufacturing Market Size, Share & Trends Analysis -...

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Frozen Food Manufacturing Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030
Frozen Food Manufacturing Market Size,...
Report Code
RO13/107/2054

Publish Date
27/Jun/2022

Pages
210
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The global frozen food manufacturing market size was US$ 229.1 billion in 2021. The global frozen food manufacturing market is forecast to grow to US$ 491.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2022 to 2030. 
Frozen food is food that has been preserved and can be used from the moment it is produced to the time it is consumed. By turning the residual liquid in the meal into ice, freezing slows down the decomposition process. The freezing technique stops bacteria from growing and is considered essential for preserving the texture and quality of the food.

Factors Influencing the Market
Th rapidly growing demand for ready-to-eat food products will drive the demand for frozen food manufacturing during the forecast period. The market is also driven by the growing global population and the increasing need to preserve the food in order to cater to them to the public in the future. 
The frozen food manufacturing industry will also experience significant growth due to rising awareness related to the health benefits of frozen food. In addition to that, changing lifestyles and the busy working schedules of people will drive the frozen food manufacturing market forward. 
Other factors, such as escalating disposable income, fleet urbanization, etc., will drive the frozen food manufacturing market forward. Furthermore, changing food habits of people, combined with the rising contribution of online e-commerce platforms, will prompt the demand for frozen food manufacturing during the analysis timeframe. 
On the flip side, the growing demand for natural and fresh food products may limit the growth of the frozen food manufacturing market during the study period.

COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the demand for frozen food manufacturing increased substantially. Due to the pandemic, people became more health-conscious. Moreover, travel regulations forced them to go safe ways. While frozen food could be stored for a long time, it seemed to be a lucrative option. As a result, the demand for frozen food manufacturing increased significantly.

Regional Analysis
Europe is expected to hold the largest frozen food market. The growth of the market would be due to the changing lifestyle of people and the growing trend of online shopping. Moreover, the demand for convenience food is growing rapidly in the region, which will be opportunistic for the frozen food manufacturing market. 
In Asia-Pacific, the trend for ready-to-eat food is rising at a rapid pace. Furthermore, increasing consumer purchasing power and growing demand for convenience food will bring opportunities for the frozen food manufacturing market growth during the analysis period.

Competitors in the Market
• Amy’s Kitchen
• Con Agra Brands
• Tyson Foods Inc.
• Grupo Bimbo
• McCain Foods Limited
• Unilever Plc
• Kellogg Co.
• Nestle SA
• Schwan’s Company
• Lamb Weston Holdings Inc.
• Other Prominent Players

Market Segmentation
The global frozen food manufacturing market segmentation focuses on Product, Consumption, Distribution Channel, and Region. 
By Product Type
• Fruits & Vegetables
• Dairy
• Sea Food
• Meat & Poultry
• Baked Products
• Refrigerated Soups
• Others
By Consumption
• Food Service
• Retail
By Distribution Channel
• Supermarket
• Convenience Store
• Offline
• Online
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
 

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