Lower Use of Synthetic Flavors, Preference for Poultry Products to Define Future of Frozen Processed Food Market, reports TMR

Lower Use of Synthetic Flavors, Preference for Poultry Products to Define Future of Frozen Processed Food Market, reports TMR

  • Submitted By: amyjames
  • Date Submitted: 08/19/2016 5:36 AM
  • Category: Business
  • Words: 1586
  • Page: 7

Transparency Market
Research

Frozen Processed Food Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2021

Published Date
06-10-2015

83 Page Report

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Press Release

Product Innovation to Boost Sales of Frozen Processed
Food Worldwide, says TMR

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Frozen Processed Food Market

REPORT DESCRIPTION

Changing Lifestyles Spur Demand for Frozen Processed Food Items
The changing lifestyles of the global population marked with busy schedules are driving the consumption
of frozen processed food worldwide. With less time to cook elaborate and nutritious meals, an increasingly
high number of consumers are opting for convenient meal options. This trend is especially making a
pronounced impact on the revenues of the frozen processed food market in countries such as India, the
U.S., China, and the Philippines.
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Furthermore, increasing disposable incomes are also contributing toward the growth of this market.
Transparency Market Research states that growing number of households with refrigerators in developing
countries will also help fuel the demand for frozen processed food items in the near future.
According to the report, the global frozen processed food market will be worth US$69.11 bn by 2021 as
compared to US$57.50 bn in 2014, exhibiting a modest CAGR of 2.7% in terms of revenue. The market will
also receive an impetus from the introduction of innovative frozen processed food items that cater to the
unique needs of the fitness- and health-conscious consumers. Additionally, a thrust on marketing products
as healthy and natural will be a game-changing trend for frozen processed...

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