Global Frozen Food Market Is Expected to Reach Usd 293.75 Billion by 2019: Transparency Market Research

Transparency Market
Research

Frozen Food Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 – 2019

Published Date
10-09-2013

93 Page Report

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Press Release
Global Frozen Food Market to Reach US$293.7 bn by 2019, Propelled by
Growing Demand for Convenience Food

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Frozen Food Market

REPORT DESCRIPTION

Transparency Market Research has launched a new market 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,” 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...