Wednesday, June 11, 2014

Frozen Food Market Growth 2013 - 2019

According to the which the demand for frozen food was valued at USD 224.74 billion in 2012 is expected to reach USD 293.75 billion by 2019, growing at a CAGR of 3.9% from 2013 to 2019.

The global market for frozen food witnessed growth due to the growing demand for faster-to-prepare foods and new product launches in the market. In addition, strong demand from emerging economies is another factor contributing to the market growth. The government intervention and regulations are major restraints for the market growth. However, frozen food made with natural and organic ingredients provides huge market opportunity for the manufactures.

The global market for frozen food by products was dominated by frozen ready meals due to its wide range of products which includes frozen pizza, desserts, snacks, entrees and others and accounted for more than 30% of the total market revenue in 2012 and expected to grow at a CAGR of 3.9% from 2013 to 2019. The frozen fruits and vegetables segment is experiencing a surge in demand due to advancements in freezing technologies which allows the manufacturers to preserve the nutritional value of the vegetables and fruits for a longer time period. The market is expected to grow at a CAGR of 4.3% from 2013 to 2019. The frozen potatoes market is expected to witness the highest growth rate in the future and is estimated to grow at a CAGR of 4.3% from 2013 to 2019.

In 2012, Europe and North America had the largest share of 39.5% and 26.3% respectively in the global frozen food market. This dominance is driven by increased preference towards convenience foods, food safety concerns, and the busy lifestyle. Row is estimated to be the fastest growing region over the next six years, due to emergence of Brazil and Argentina as the new markets for frozen food. The RoW market is expected to grow at a CAGR of 4.3% from 2013 to 2019. The Asia Pacific market is estimated to be another attractive market for frozen food because of the healthy growth rate and increasing consumer preference towards frozen food.

Frozen Food Market: Product Analysis
  • Frozen Fruits & Vegetables
  • Frozen Potatoes
  • Frozen Ready Meals
  • Frozen Meat
  • Frozen Fish/Seafood
  • Frozen Soup
Frozen Food Market: Regional Analysis
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • Japan
    • China
    • India
  • RoW
    • Brazil
Browse all Food & Beverages Market Research Reports @

About Us

Transparency Market Research is a global 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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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.


Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

No comments:

Post a Comment