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Pulished Date February, 2020
ID: 813
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North America Frozen Food Market Segmentation by Product (Frozen Ready Meals, Meat & Poultry, Seafood, Vegetables & Fruits, Potatoes, and Soup), by User (Retail and Foodservice Industry) and By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2020-2025)

Pulished: February, 2020
ID: 813
Pages: 137

North America Frozen Food Market Growth and Forecast (2020-2025):

North America Frozen Food Market is anticipated to enlist a CAGR of 4.14% during the estimated time frame.

Market Overview:

The development of the North America Frozen Food Market is driven by the rising interest of the advantageous and prepared to eat items, attributable to the bustling ways of life and changing food dietary patterns of the people in North American.

North America Frozen Food Market Trends:

Developing Demand for Convenience Food

The American customers favor more comfort and fast foods, and the pattern is slanted towards littler and progressively visited dinners. Frozen foods are currently in plain view in the primary column in the American general stores and hypermarkets. The quickest developing fragments in the frozen food market are frozen vegetables and prepared suppers. The North American market for frozen foods is mostly determined by the rising interest for frozen pizza and handheld breakfast, which are situated as minimal effort items and flourish with quality and newness. Furthermore, the pattern of feasting out at eateries and other food outlets is additionally driving the market.

Recent Developments in North America Frozen Food Industry:

  • Meredith Corporation consented to association arrangement with Bellis Foods in 2016 to grow its offer.
  • In 2018, subsequent to perceiving the thousand years' inclination for frozen food inclinations and losing contenders, such as Lean Meals, Nestlé expanded production at the industrial facility and presented various things in a line, for example, frozen coconut chickpea curry and veggie lover pizza from a Vegetarian lover.
  • Nestlé S.A. has built up a solid bowl-style frozen dinner in light of the necessities of twenty to thirty-year-olds.

Drivers:

The development of the North American frozen food market is driven by the augmenting interest for advantageous and prepared-to-eat items because of the bustling ways of life and changing dietary patterns of Americans. The advancement of creative items, for example, low fat, low fat, grains, whole wheat and artificial additives, is relied upon to invigorate the frozen food industry. Interest for comfort food is one of the primary drivers of the frozen food market in North America. This is on the grounds that these foods decrease the endeavors and time of cooking, readiness and cleaning of the customer.

The interest for ready-to-pack and simple to cook items will increase during the estimated time frame, fortifying the North American frozen food market. The advancement of inventive items, for example, low fat, grains, entire wheat and fake additives, is relied upon to invigorate the whole business. Infiltration into the holder and premium segments of frozen foods can be an immense open door for the local frozen food market.

The North American market for frozen prepared foods is, for the most part, developing interest for frozen pizzas and convenient breakfast, which are situated as ease items and flourish in quality and newness. Eating patterns in cafés and other food stores is likewise driving the market blast.

Restraints:

One of the key difficulties in the North America frozen food market is the dread that there is no satisfactory supply chain system and that the refrigeration framework is conflicting. Frozen foods should set the ideal temperature around -18°C, so even a slight breakdown cold chain system can prompt huge waste. To guarantee an unimportant loss of frozen foods, vitality reinforcement with full usefulness and predictable cutoff points is required, which is a noteworthy test in the present-day framework.

North America Frozen Food Market Segmentation Analysis:

The North American frozen foods market is categorized on the verge of product type, user, and geography.

By products, the market covers frozen ready meals, meat & poultry, seafood, vegetables & fruits, potatoes, and soup. Amongst these, the frozen ready meals are anticipated to be the prominent segment over the outlook period. Prepared to-eat foods can be considered as those that can be eaten on the go. Also, convenience and prepared foods are considered to record the notable portion in the North America frozen food market in the future. This is credited to the rising consumer awareness toward comfort foods, supported by the mounting urge for frozen products.

Based on the user type, the regional market is divided as retail users and foodservice industry. Of these, the foodservice industry is predicted to garner a significant share in the regional frozen food market, continuing its lead from previous years.

Regional Analysis:

Geographically the North America Frozen Food Market is segmented into US, Canada and Rest of North America. North America was the biggest market in 2018, speaking to 38% of the all-out income share. It is probably going to increment by a yearly normal of 3.9% during the estimated time frame. The food business in North America is profoundly divided and overwhelmed by small and medium undertakings (SMEs). Prepared dinners are the principal food division of the market because of the adjustment in the buyer's way of life. The Food Safety Authority of North America is actualizing new guidelines on added substances and seasoning utilized, substances in contact with food and contaminants. This factor is additionally expected to expand the interest for frozen foods business in this area.

Key Players in the Market:

Major Key Players in the North America Frozen Food Market are

  • Aryzta AG
  • General Mills Inc.
  • Kraft Foods Group Inc.
  • Ajinomoto Co. Inc.
  • Cargill Incorporated
  • Europastry S.A.
  • JBS S.A.
  • Kellogg’s Company
  • Nestle S.A.
  • Flower Foods

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Frozen Food Market, By Product              

                   6.1.1 Frozen Ready Meals

                   6.1.2 Meat & Poultry       

                   6.1.3 Seafood       

                   6.1.4 Vegetables & Fruits 

                   6.1.5 Potatoes      

                   6.1.6 Soups 

                   6.1.7 Market Size Estimations & Forecasts (2020 - 2025) 

                   6.1.8 Y-o-Y Growth Rate Analysis       

                   6.1.9 Market Attractiveness Index       

          6.2 Frozen Food Market, By User         

                   6.2.1 Retail 

                   6.2.2 Foodservice Industry        

                   6.2.3 Market Size Estimations & Forecasts (2020 - 2025) 

                   6.2.4 Y-o-Y Growth Rate Analysis       

                   6.2.5 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 North America - Market Analysis (2020 - 2025)         

                   7.2.1 By Country   

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   7.2.2 By Product   

                   7.2.3 By User        

8. Key Player Analysis                         

          8.1 Aryzta AG                 

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 General Mills Inc.                

          8.3 Kraft Foods Group Inc.                  

          8.4 Ajinomoto Co. Inc               

          8.5 Cargill Incorporated             

          8.6 Europastry S.A          

          8.7 JBS S.A            

          8.8 Kellogg’s Company             

          8.9 Nestle S.A.                

          8.10 Flower Foods          

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Product, User and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. North America Frozen Food Market By Product, From 2020-2025 ( USD Billion )
  2. North America Frozen Ready Meals Market By Region, From 2020-2025 ( USD Billion )
  3. North America Meat & Poultry Market By Region, From 2020-2025 ( USD Billion )
  4. North America Seafood Market By Region, From 2020-2025 ( USD Billion )
  5. North America Vegetables & Fruits Market By Region, From 2020-2025 ( USD Billion )
  6. North America Potatoes Market By Region, From 2020-2025 ( USD Billion )
  7. North America Soups Market By Region, From 2020-2025 ( USD Billion )
  8. North America Frozen Food Market By User, From 2020-2025 ( USD Billion )
  9. North America Retail Market By Region, From 2020-2025 ( USD Billion )
  10. North America Foodservice Industry Market By Region, From 2020-2025 ( USD Billion )
  11. United States Frozen Food Market By Product, From 2020-2025 ( USD Billion )
  12. United States Frozen Food Market By User, From 2020-2025 ( USD Billion )
  13. Canada Frozen Food Market By Product, From 2020-2025 ( USD Billion )
  14. Canada Frozen Food Market By User, From 2020-2025 ( USD Billion )

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