Frozen Food Market ey Challenges, Competition, CAGR, Developing Technologies, Trend, Leading Players and Forecast Outlook 2030

In a recent published report, Kenneth Research has updated the market report for Frozen Food Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Frozen Food Market products.

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By the end of 2050, the world’s population aged 60 years and above is anticipated to reach 2 billion, states the World Health Organization (WHO), in one of its statistics. Additionally, several manufacturers are increasingly showing interest for manufacturing healthy beverages, which is also anticipated to drive the growth of the market in the coming years.

Global Frozen Food Market was valued at USD 140.14 Billion in the year 2017. Global Frozen Food Market is further estimated to grow at a CAGR of 4.91% from 2018 to 2025 to reach USD 204.2 Billion by the year 2025. Europe region holds the highest Market share in 2017 followed by North America while Asia-Pacific is considered as the fastest growing Market in the estimated period with convenience as a major driving factor. The U.S. is the major Market in 2017 at country level and it is further anticipated to grow at a steady pace in the next 5 years. The growth factors are rising consumption and demand of ready to eat food.

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The major players in Frozen Food Market are Birds Eye Foods Inc., Aryzta A.G., Ajinomoto Co. Inc., Bellisio Foods Inc., Kraft Foods Group Inc., Cargill Incorporated, JBS S.A., Kellogg Company, Nestle S.A., General Mills Inc. and other 13 companies detailed information is provided in research report. Acquisitions and new product development are their key business strategy to gain Market share.

SWOT Analysis of Frozen Food Industry
Safe and Preservative free food
No risk of food poisoning

An excess amount of added sodium
Artificially prepared.

Technology and Automation
Relaxation in Government Regulations.
A boom for Private Label frozen products

Lack of innovations
Increasing Number of Unorganized Sector

By product, frozen ready meals segment hold the highest Market share among all other frozen products in 2017 with frozen vegetables & fruits estimated to grow at highest CAGR in near future. On the other hand, Foodservice Market segment by end users types for this Market is expected to grow at the highest CAGR during the year 2018-2025.

By End Users
Foodservice Industry
Hotels, restaurants, and caterers
Retail Customers

By Product Type
Frozen Ready Meals
Fast- Food
Bakery & Desert
Frozen meat & poultry
Frozen seafood
Frozen vegetables & fruits
Frozen potatoes
Frozen Soups

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By Region
North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research Key Data from Secondary Research
2.1.2. Primary Research Key Data from Primary Research Breakdowns of Primary Interviews
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Frozen Food Industry by Product Type
6.1 Frozen ready meals
6.1.1 Fast- Food
6.1.2 Bakery & Desert
6.2 Frozen meat & poultry
6.3 Frozen sea food
6.4 Frozen vegetables & fruits
6.5 Frozen potatoes
6.6 Frozen Soups
7. Frozen Food Industry by End Users
7.1 Food service Industry
7.1.1 Hotels, restaurants and caterers
7.2 Retail Customers
8. Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. RoE
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. RoAPAC
8.5. RoW
8.5.1. Latin America Brazil Argentina Rest of Latin America
8.5.2. Middle East and Africa
9. Company Profile
9.1 Birds Eye Foods, Inc.
9.1.1 Company Overview
9.1.2 Financial Overview
9.1.3 Product Overview
9.1.4 Current Development
9.2 Aryzta A.G.
9.3 Ajinomoto Co., Inc.
9.4 Bellisio Foods, Inc.
9.5 Kraft Foods Group Inc.
9.6 JBS S.A.
9.7 Cargill Incorporated
9.8 Kellogg Company
9.9 Nestle S.A.
9.10 General Mills Inc.
10. Competitive Analysis
10.1 Introduction
10.2 Industry Positioning of Key Players
10.2.1 Quadrants
10.3 Competitive Strategies Adopted by Leading Players
10.2.1 Investments & Expansions
10.2.2 New Product Launches
10.2.3 Mergers & Acquisitions
10.2.4 Agreements, Joint Ventures, and Partnerships
11. Appendix
11.1 Questionnaire
11.2 Introducing RT: Real-Time Industry Intelligence
11.3 Available Customizations
11.4 Upcoming Events (Trade Fair, Exhibitions, Conferences)

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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