Global Frozen Foods Market : Size, Share, Trend, Analysis to 2020

Global Frozen Foods Market segments the market on the

basis of two criteria: Product Type and Geography (2020)

Persistence Market Research

Global Frozen Foods Market is expected to

grow US$156.4 bn by 2020 - Persistence

Market Research

Persistence Market Research

1

Global Frozen Foods Market segments the market on the

basis of two criteria: Product Type and Geography (2020)

Persistence Market Research Released New Market Report “Global Market Study on

Frozen Food - Frozen Ready Meals to be the Largest Segment by 2020”, states that

the market will expand at a 3.6% CAGR between 2014 and 2020, allowing the market with a

valuation of US$122.1 bn in 2013 to rise to US$156.4 bn by 2020. The market between 2010

and 2013 expanded at a 3.1% CAGR and increased from US$1, 11,400 MN in 2010 to US$1,

22,084.6 MN in 2013.

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The report states that the global frozen foods market is steadily expanding owing to factors

such as busy lifestyles, rising urbanization, rising population of working women in urban

regions, and increased disposable income of people living in major regional markets and

developing regions across the globe. Among the most popular varieties of frozen foods in the

market, the segment of ready meals, the frozen products that merely need to be heated

before eating, is currently the fastest growing.

The report segments the market on the basis of two criteria: product type and geography.

On the basis of product types, the market is segmented into frozen potato products frozen

fish/seafood, frozen ready meals, frozen meat products, frozen bakery products, and frozen

pizza. Of these, the market segment of frozen ready meals was the largest product segment

in 2013. In terms of value, the segment had a valuation of US$29,361.3 mn, while it valued

6,205.2 mn kg in terms of volume. Value-wise, the market for this segment expanded at a

3.3% CAGR and at a 2.5% CAGR in terms of volume...