Modern Lifestyles Can only Boost the Global Frozen Foods Market Despite Recent Quality Concerns

Modern Lifestyles Can only Boost the Global Frozen Foods Market Despite Recent Quality Concerns

  • Submitted By: amyjames
  • Date Submitted: 02/08/2016 9:41 PM
  • Category: Business
  • Words: 1683
  • Page: 7

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

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Press Release
Global Frozen Food Market to Expand at 3.90% CAGR due to the
Growing Popularity of Convenience Foods

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Frozen Food Market


There is currently a horde of food products that belong in the global frozen food market. So much has
changed over the past two decades that we now have foods that last for years longer than their actual
shelf life, as long as they are frozen in the right condition.
From a statistical perspective, the global frozen food market is exhibiting a CAGR of 3.90% between 2013
and 2019. The market was valued at US$224.7 bn in 2012. Owing to the major factors of growth that are
influencing this market currently, it is expected to reach US$293.7 bn before the end of 2019. This market
growth will benefit the top players in the global frozen food market: General Mills, Inc., Ajinomoto Co., Inc.,
Heinz, Maple Leaf Foods, Inc., Nestle, Kraft Foods Group Inc., ConAgra Foods Inc., The Schwan Food
Company, Amy’s Kitchen Inc., Unilever PLC, Birds Eye Foods Inc., and Ralcorp Frozen Bakery Products Inc.
Frozen Food Fumbles in Scandals but Recovers
It has not been all sunny weather for the global frozen food market with all the consumer complaints and
major scandals that have enveloped the food and beverage industry in recent years. One of the most
common issues with frozen foods is their overall appeal. Previously, frozen foods were considered rather
bland in taste and appearance in comparison to freshly cooked foods. But that is changing fast, as modern
freezing and heating techniques can allow long-term storage of...

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