Frozen and Convenience Food Market is a billion-dollar market in making with forecasted revenue growth of USD 377.55 Bn
The global Frozen and Convenience Food market is projected to become a billion-dollar market with estimated revenue growth of USD 377.55 billion. The market is estimated to grow by a CAGR of 7.1% between 2022 and 2027.
When it comes to the overall frozen and convenience food market categorization, it covers market segmentation by distribution channel (offline and online), type (convenience food and frozen food), and Geography (Europe, North America, APAC, South America, and Middle East and Africa. Technavio captures the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.
Frozen and Convenience Food Market at a Glance
Navigating through the growth drivers of the Frozen and Convenience Food Market: It has been observed that Convenience is a vital factor that is fuelling the demand for ready-to-eat foods which in turn positively impacts the convenience and frozen food market.
As per the data, the offline segment of the Frozen and Convenience Food Market was the largest segment and was valued at USD 527.43 billion in 2017
For instance, In January 2020, Nestle SA introduced plant-based sausages in Europe and the US. Get a comprehensive report summary describing the market landscape in our data-backed report that captures the growth trajectory of the market.
Key Companies and their key offerings: Our report offers in-depth insights into key vendor profiles with a wider understanding of the business ecosystem.
Some of prominent names worth mebtioning are Bakkavor Group PLC,Cargill Inc.,Conagra Brands Inc.,Corporativo Bimbo SA de CV,EUROPASTRY SA,General Mills Inc.,JBS SA,Kellogg Co.,Lantmannen ekonomisk forening,McCain Foods Ltd,.MTR Foods Pvt. Ltd. etc. Download our report to get a detailed analysis of the key market leaders in the Frozen and Convenience Food Market domain.
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