DUBLIN, Jan. 30, 2023 /PRNewswire/ — The “Frozen Food Market by Product (Ready Meals, Meat & Poultry, Seafood, Dairy Products, Bakery Products, Vegetables, and Fruits), Type (Raw, Half-cooked, and Ready-to-eat), and Distribution Channel (B2B and B2C) – Global Forecasts to 2029” report has been added to ResearchAndMarkets.com’s providing.
The analysis report offers an in-depth evaluation of the frozen meals market throughout 5 main geographies and emphasizes on the present market traits, market dimension, market shares, latest developments, and forecast until 2029. The International Frozen Meals Market is predicted to achieve $408.05 billion by 2029, at a CAGR of 5.2% in the course of the forecast interval, 2022-2029.
The expansion of this market is principally attributed to the growing demand for comfort meals, the rising international cold-chain market, and altering client tastes and preferences. Furthermore, the growing digitalization within the retail business and rising economies in Asia-Pacific, Latin America, and the Center East & Africa present vital alternatives on this market.
Primarily based on product, the prepared meals section is predicted to account for the biggest share of the frozen meals market in 2022. The massive share of this section is principally attributed to the adjustments within the way of life, growing workload amongst the company and the working-class inhabitants, and the rising choice for prepared frozen meals owing to the comfort. Additionally, the rising reputation amongst the youthful technology and the adolescent inhabitants because it acts as a less expensive different to junk meals, and it’s simply accessible at completely different comfort shops and supermarkets, which in flip will additional enhance the expansion of the frozen prepared meals market.
Primarily based on kind, the bread section is predicted to account for the biggest share of the frozen bakery merchandise market in 2022. The massive share of this section is principally attributed to the rising bread consumption throughout the globe, rising choice for quick meals, altering life, and an growing variety of ready-to-eat product chains and QSRs. Rising client choice for wholesome merchandise is predicted to additional assist the frozen bread section’s progress.
Primarily based on kind, the uncooked materials section is predicted to account for the biggest share of the frozen meals market in 2022. The massive share of this section is principally attributed to the elevated consciousness in regards to the dietary properties of uncooked frozen meals, growing incidences of weight problems and different associated ailments, and the rising variety of uncooked labeled foods and drinks merchandise.
Primarily based on distribution channel, the business-to-business section is predicted to account for the bigger share of the frozen meals market in 2022. The massive share of this section is principally attributed to the rising B2B frozen meals buying and selling, a rising variety of Fast Service Eating places (QSRs), and rising demand from motels, eating places, meals chains, cafes, and the meals service sector. Nonetheless, the business-to-consumer section is predicted to witness vital progress in the course of the forecast interval.
Market Dynamics
Drivers
- Rising Demand for Comfort Meals
- Rising International Chilly-Chain Market
- Customers’ Altering Tastes & Preferences
Restraints
- Rising Desire for Recent & Pure Meals Merchandise
- Fixed Temperature Monitoring Necessities of Frozen Meals Merchandise
Alternatives
- Rising Digitalization within the Retail Trade
- Rising Economies in Asia-Pacific, Latin America, and the Center East & Africa
Challenges
- Lack of Chilly-Chain Infrastructure in Growing International locations
Scope of the Report
Frozen Meals Market, by Product
- Prepared Meals
- Meat & Poultry
- Seafood
- Dairy Merchandise
- Bakery Merchandise
- Bread
- Pizza Crust
- Desserts & Pastries
- Cookies & Biscuits
- Doughnuts
- Waffles
- Different Frozen Bakery Merchandise
- Greens
- Fruits
- Different Frozen Merchandise
Frozen Meals Market, by Kind
- Uncooked
- Half-cooked
- Prepared-to-eat
Frozen Meals Market, by Distribution Channel
- Enterprise-to-business (B2B)
- Meals Providers
- Meals Producers
- Fast Service Eating places (QSRs)
- Enterprise-to-consumer (B2C)
- Offline
- Supermarkets & Hypermarkets
- Comfort Shops
- Different Shops
- On-line
Key Matters Coated:
Corporations Talked about
- Common Mills Inc. (U.S.)
- Conagra Manufacturers Inc. (U.S.)
- Nestle S.A. (Switzerland)
- Unilever PLC (U.Okay.)
- Kellogg Firm (U.S.)
- McCain Meals Restricted (Canada)
- The Kraft Heinz Firm (U.S.)
- Tyson Meals Inc. (U.S.)
- Related British Meals plc (U.Okay.)
- Ajinomoto Co. Inc. (Japan)
- Vandemoortele NV (Belgium)
- Lantmannen Unibake Worldwide (Denmark)
- Cargill Integrated (U.S.)
- Europastry S.A. (Spain)
- JBS S.A. (Brazil)
- ARYZTA AG (Switzerland)
- Nomad Meals Restricted (U.Okay.).
For extra details about this report go to https://www.researchandmarkets.com/r/lay51e-food?w=5
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