Demand will also be fuelled by increased emphasis on fruit and vegetable consumption, coupled with the fact that consumers have less and less time for shopping and cooking but remain aware of the importance of including fruit and vegetables in their daily diets. To this end, manufacturers will focus on cutting down on preparation time by offering products in special formats such as microwavable meals. Email: media@technavio.com Click here, Gain instant access to 17,000+ market research reports by using. Brasil Foods is the leading player in the frozen food market, reports MarketLine. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. Product innovation continues to prove vital for manufacturers to remain competitive. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. UK: +44 203 893 3200 The company offers frozen food products through its canned and frozen segments. The report offers a detailed analysis of the impact of COVID-19 pandemic on the frozen food market in optimistic, probable, and pessimistic forecast scenarios. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. The company offers frozen foods through Japan Food Products and International Food Products segments. In addition, other factors such as new product launches and growing consumer inclination toward vegan frozen food are expected to trigger frozen food market toward witnessing a CAGR of almost 5% during the forecast period. View the full release here: https://www.businesswire.com/news/home/20200907005025/en/, Technavio has announced its latest market research report titled Global Frozen Food Market 2020-2024 (Graphic: Business Wire). Manufacturers are including healthier ingredients to appeal to a wider-range of consumers. Global Frozen Food Industry. $ 795 Shape strategic responses through the phases of industry recovery. The industry will also continue to benefit from technological advancements in refrigeration and freezing. All rights reserved. $ 795 The world frozen food business market represents the leading segment of the processed food business, accounting for more than 41% of the overall market in terms of value. Consumers are buying ice cream as a weekend treat, for after dinner and for eating while watching TV or movies at home. The frozen food market is driven by expansion of retail stores offering frozen food. Technavio is a leading global technology research and advisory company. Other factors fuelling growth in this market include rising levels of disposable income, a growing consumer base of both nuclear families and singles ill equipped to tackle the kitchen, increasing demand for ethnic foods, and higher consumer awareness of the benefits of healthy eating. The frozen fruit and vegetable market segment has been benefiting from advanced freezing technologies, which allow manufacturers to preserve fruit and vegetable nutritional values for longer, reports BizAcumen. This press release features multimedia. The company offers various frozen food products in the US and international markets through three of its segment which includes: Pinnacle, Refrigerated & Frozen, and International. September 2020, The World Market for Frozen Strawberries: A 2021 Global Trad… In addition, other factors such as new product launches and growing consumer inclination toward vegan frozen food are expected to trigger frozen food market toward witnessing a CAGR of almost 5% during the forecast period. With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them. Ice Cream in UK provides you with annual year-end market size data, most recently updated in 2020. Purchase Reports From Reputable Market Research Publishers. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Bonduelle SCA operates its business under three segments, which include canned, frozen, and fresh processed. September 2020, The World Market for Frozen Fruit and Nuts: A 2021 Global Tr… With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. September 2020, The World Market for Frozen Shrimp and Prawns: A 2021 Global… Conagra Brands, Inc. has business operations under various segments, namely grocery & snacks, refrigerated & frozen, international, foodservice, and pinnacle foods. The company generates 5% of the market in terms of value. The frozen food market is expected to grow by USD 64.69 billion during 2020-2024, according to Technavio. The EU represents close to 38% of the global frozen food market in terms of value, according to industry research from MarketLine. In the frozen desserts market segment, sales have been growing in part due to the popularity of new ice cream products geared toward adults, reports Global Industry Analysts. Make sure you don’t miss any news and follow us on. Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/ frozen food market-industry-analysis, Frozen Food Market 2020-2024: Segmentation. Jesse Maida The frozen food market is driven by expansion of retail stores offering frozen food. Consumers are opting for frozen prepared food as an alternative to fresh cooked food due to convenience, time constraints and freshness. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019. Ice cream manufacturers are catering to consumer demand for healthier products by offering a range of low-fat ice creams. Download free report sample. Over coming years, frozen food manufacturers will concentrate on product innovation to offer a wider range of products and market their goods to emphasize nutrition and convenience. The frozen food market will witness positive and superior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. Frozen food companies are concentrating on promoting nutritionally fortified products with better taste and reduced preparation times. September 2020, Frozen Pizza Market Research Report by Crust, by Topping, by… The frozen pizza segment is still recording growth and rising sales thanks to new product offerings, promotional efforts and enhanced ingredients. September 2020. Get more insights about the global trends impacting the future of frozen food market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41071. Enterprises will go through Response, Recovery and Renew phases. LONDON--(Business Wire)--The frozen food market is expected to grow by USD 64.69 billion during 2020-2024, according to Technavio. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal. This market covers all packaged ice cream, sorbets and water ices in family packs, individually wrapped ... Ice Cream in US (2020) – Market Sizes As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019. September 2020, The World Market for Frozen Crustaceans: A 2021 Global Trade… The company offers various frozen food products in the US and international markets through three of its segment which includes: Pinnacle, Refrigerated & Frozen, and International. The economic recession fuelled market growth as consumers looked for more convenient, cheaper meals as an alternative to eating out or buying take-out. You can change your Cookie Settings at any time but parts of our site will not function correctly without them. September 2020, Frozen Meat Market Research Report by Product, by End User -… Marketing campaigns focus on the freshness of frozen food and product innovation. If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! $ 795 October 2020, Frozen Food Market Research Report by Freezing & Packaging T… The company offers frozen food products through its canned and frozen segments. Technavio is a leading global technology research and advisory company. This post-pandemic business planning research will aid clients to: Download the Post-Pandemic Business Planning Structure. US: +1 844 364 1100 Media & Marketing Executive Consumers’ limited time for cooking continues to push manufacturers to avail of advancements in technology to offer new frozen food products. Bonduelle SCA operates its business under three segments, which include canned, frozen, and fresh processed. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Conagra Brands, Inc. has business operations under various segments, namely grocery & snacks, refrigerated & frozen, international, foodservice, and pinnacle foods. Product innovation has proved key, with new products like pizza strudel and pizza-on-a-stick proving popular. Ice cream manufacturers are focusing their marketing and product innovation efforts on catering to more health-conscious consumers. Pizza chains are encroaching on the frozen pizza market through promotional offers. Reportlinker.com © Copyright 2020. The frozen food market is expected to grow by USD 64.69 billion during 2020-2024, according to Technavio. $ 3949 ReportLinker simplifies how Analysts and Decision Makers get industry data for their business. If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! $ 795 Many businesses will go through response, recovery and renew phases. Website: www.technavio.com/, https://www.businesswire.com/news/home/20200907005025/en/, https://www.technavio.com/report/ frozen food market-industry-analysis, https://www.technavio.com/talk-to-us?report=IRTNTR41071, Presidential debate plans teeter, as Pelosi probes Trump fitness for office, Tate Jackson talks Cali Condors, ISL Season 2, advice and success, Prestigious medical journal calls on public to vote Trump out, Anger as Turkish army reopens Cyprus resort turned ghost town, People who attended Trump's Rose Garden event need to be tested, Rare childhood disease linked to bacterium, Leslie Ellis talks about 'CATS 4 COVID' Relief benefit event, Argentina becomes first country to approve genetically modified wheat, Hurricane Delta strengthens to Category 3 on US approach, Olympic gold medalist swimmer Penny Oleksiak talks Phelps Brand, Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior, Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds, Pre- as well as post-COVID-19 market estimates, Quarterly impact analysis and updates on market estimates. The report offers a detailed analysis of the impact of COVID-19 pandemic on the frozen food market in optimistic, probable, and pessimistic forecast scenarios.
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