Albany,
NY, 4 August, 2014: The global frozen food market is expected to be
worth US$ 293.75 billion by 2019, says Transparency Market Research
in its latest study. The report titled ‘Frozen Food Market
(Vegetables & Fruits, Potatoes, Ready-to-eat Meals, Meat,
Fish/Seafood and Soups) - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019,’ states that this market
was valued at US$ 224.74 billion in 2012, and will register a CAGR of
3.9% between 2013 and 2019.
Browse
the full
Global Frozen Food Market Report:
http://www.transparencymarketresearch.com/global-frozen-foods-market.html
The
report attributes the rapid growth pace of the global frozen food
market to a higher demand for ready-to-prepare foods and the launch
of new products in this market. The report observes a robust demand
from emerging economies, especially in the Asia-Pacific region, which
will in turn propel demand. The study also notes that this market
will face barriers in the form of government regulations and
intervention. The report taps growth opportunities in the frozen
foods market, especially frozen foods made with organic and
all-natural ingredients.
The
report analyzes the frozen food market by product as: frozen fruit
and vegetables, frozen fish/seafood, frozen potatoes, frozen meat,
frozen ready meals, and frozen soup. Within this segmentation, the
frozen ready meals market is seen as the dominant one, mainly because
it comprises an extensive range of frozen products such as: pizza,
snacks, desserts, entrees, and others. This segment constituted over
30% of the global frozen food market as of 2012. The CAGR of this
segment is pegged at 3.9% between 2013 and 2019.
Another
fast-emerging segment within the frozen food industry globally is
that of frozen fruits and vegetables. Technological milestones in
freezing techniques now enable manufacturers to freeze perishable
products without compromising their nutritional value or textures.
This market is projected to show a CAGR of 4.3% between 2013 and
2019. The highest growth rate in this market will be registered by
the frozen potatoes segment, which, the report estimates, will
witness a CAGR of 4.3% from 2013 to 2019.
Frozen
foods are becoming an increasingly sought-after alternative to fresh,
cooked, and canned food. This growing preference for food in its
frozen, well-preserved form, makes the frozen food market one of the
most dynamic and significant ones in the global food industry. The
convenience offered by such food products also works in its favor.
Frozen foods are stored at temperatures below -9.5°C to curb the
growth of microorganisms, thus slowing down the decomposition
process. This helps retain the freshness and flavor of food for
extended periods of time. The report offers a comprehensive analysis
of the frozen food market from the global as well as regional
perspective.
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Ms.
Sheela AK
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Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
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