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Global Frozen Food Market size was valued at USD 256.46 billion in 2021 and is poised to grow from USD 271.8 billion in 2022 to USD 432.55 billion by 2030, growing at a CAGR of 5.98% in the forecast period (2023-2030).<br><br>
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Global Frozen Food Market Size, Share, Growth Analysis, By Product types, By Product category, By Distribution channel, By Freezing technique - Industry Forecast 2023-2030 Global Frozen Food Market size was valued at USD 256.46 billion in 2021 and is poised to grow from USD 271.8 billion in 2022 to USD 432.55 billion by 2030, growing at a CAGR of 5.98% in the forecast period (2023-2030). Frozen Foods are becoming popular since It has many advantages such as the wastage of food is reduced, it provides convenience to the food purchaser, free from preservatives, no seasonal restriction, great nutrition. These are some myriad reasons why people all around the globe are purchasing frozen foods. Frozen products help in extending the shelf life of food and are easier to divide in portions. The research published by British Food Journal shows that frozen food generates 47% less food waste at home than the non frozen food. This list with wastage of food helps the customer in terms of cost as well as to the environment too. In today's busy and environment where each and every person across the globe is working. Fresh, fast and delicious products are necessary to consume. All the major boxes are ticked by frozen products for the meals. Therefore the major working population of the globe is shifting towards the frozen products. The frozen food products are picked, washed and blanched within the hour of
freezing. Therefore preservatives are not required because microorganisms do not grow when the temperature of the food is below -9.5 degrees Celsius. Analysis by Distribution channel By Distribution channel, the global market is divided into many segments such as Supermarkets/Hypermarkets, Convenience Stores, Online Channels, and Other Distribution Channels. The offline segment held the largest global Frozen Food market share due to the wide range of benefits provided by it to Frozen Food. The offline channels majorly include supermarket, hypermarket, convenience stores, grocery stores and local shops.Easy access to various stores offline Will help the market to grow in future as well. As the digitization all across the globe is increasing, the online distribution channel is anticipated to register the rapid CAGR from 2022 to 2030. Emergence and increase in ecommerce platform has compelled the marketers and manufacturers in developed and developing countries to structure their retail strategy in the online market. Analysis by Type By Type, the Frozen Food market is classified into Frozen Fruits and Vegetables, Frozen Meat and Fish, Frozen-cooked Ready Meals, Frozen Desserts, Frozen Snacks, and Other Product Types. The Frozen cooked ready meals segment is one of the Demanding segments for innovation and growth across all Global frozen food markets. It is considered a game- changer in the Global food industry. There are many products across the world that are long bones in the frozen cooked ready mills segment.Increasing prevalence of lifestyle diseases all the consumers across the globe are shifting towards fruit and vegetable segment as many of them do not need to wash, peel or chop the product. View more info:https://www.skyquestt.com/report/frozen-food-market Top Player’s Company Profiles
•McCain Foods Limited •Nomad Foods Ltd. •Ajinomoto Co., Inc. •The Schwan Food Company •Tyson Foods, Inc. •JBS S.A. •Birds Eye Limited About us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happyclients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com linkedin Twitter Facebook