Report Details-
Global Frozen Ready Meals Market, By Type (Frozen Rice Mixes, Frozen Quinoa Food Mixes, Frozen Pizza, Frozen Pasta, Frozen Wraps & Rolls, Frozen Snacks, Frozen Ice Cream, Frozen Yogurt, Frozen Cakes, Frozen Sorbet And Sherbet, Frozen Custard, Frozen Drinks, Frozen Savory Products And Frozen Soup, Frozen Dairy Products, Frozen Chicken Products, Frozen Seafood Products, And Others), Category (Organic And Conventional) Technology (Flash-Freezing/ Individual Quick Freezing (IQF), Belt Freezing, High Pressure-Assisted Freezing, And Others), End User (Food Service Sector And Households), Packaging Technique (Freezing Technique And Equipment And Freezing Ready Meals Packaging And Distribution Channel (Store-Based And Non-Store Retailers) - Industry Trends and Forecast to 2029.
Frozen Ready Meals Market Analysis and Insights
Global frozen ready meals market is growing faster, owing to the busy lifestyles of consumers. The growing number of individuals altering their eating habits and embracing a balanced nutritional diet and active lifestyle is a major element driving the growth of the frozen-ready meals industry. People worldwide have hectic lifestyles and thus prefer ready meals to save energy and time, which benefits the market's growth. However, high prices of frozen ready meals may hamper the market's growth.
Various companies are making strategic decisions, such as launching innovative frozen-ready meal foods and acquiring other companies to improve their market share. As a result, the global frozen-ready meals market is growing rapidly. The rising consumption of frozen chicken, beef, and seafood will open new opportunities for the global market. In contrast, competition among market players may challenge the market's growth.
Data Bridge Market Research analyses that the Global frozen ready meals market will grow at a CAGR of 5.4% during the forecast period of 2022 to 2029.
Market Definition
Frozen-ready meals are usually cooked and packaged in a factory. This process includes heating the ingredients and packaging them into containers. Once the meal is prepared and placed in a freezer to cool down, they are popular among consumers because they provide a diverse menu and are convenient to prepare. Frozen meals may contain a meat entree, a vegetable, and starch-based food such as pasta and sauce. Some frozen meals are prepared specifically for vegetarians or individuals with certain dietary needs. The manufacture of such a product requires careful attention from the food processor.
Post-COVID-19 Impact on Global Frozen Ready Meals Market
Post the pandemic, the demand for frozen food products has increased as there won't be any restrictions on movement; hence, the supply of products would be easy. The persistence of COVID-19 for a longer period has affected the supply chain as it got disrupted, and it became difficult to supply the food products to the consumers, initially increasing the demand for products. However, post-COVID, the demand for frozen food products has increased significantly owing to the longer shelf life for frozen food, increasing the demand for convenience food products.
Recent Developments
In April 2022, Nomad Foods launched open innovation portal that invites partners to share innovative solutions. The new portal launch helped the company increase the scalability of frozen mussels and other bivalve products
In July 2020, Tyson Foods introduced a new line of chicken products under the Tyson brand in the Globalan Foodservice industry, which includes restaurants, cafeterias, and caterers. This helped the company in increasing its revenue from the food service industry
Global Frozen Ready Meals Market Regional Analysis/Insights
The global frozen ready meals market is analyzed, and market size insights and trends are provided based on as referenced above.
The countries covered in the global frozen ready meals markets report are U.S., Canada, Mexico, Germany, U.K, France, Italy, Spain, Sweden, Belgium, Netherlands, Denmark, Switzerland, Russia, Poland, Turkey, Rest of Europe, Japan, Indonesia, China, Philippines, India, South Korea, Australia, Thailand, Malaysia, New Zealand, Vietnam, Singapore, Rest of Asia-Pacific, Brazil, Argentina, and the Rest of South America, UAE, Saudi Arabia, South Africa, Kuwait, Qatar, Oman and Rest of Middle East & Africa.
Global Frozen Ready Meals Market Scope
Global frozen ready meals market is segmented into six segments based on type, category, technology, end user, packaging technique, and distribution channel.
The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Types
Frozen Snacks
Frozen Pizza
Frozen Ice Cream
Frozen Seafood Products
Frozen Chicken Products
Frozen Yoghurt
Frozen Dairy Products
Frozen Pasta
Frozen Drinks
Frozen Vegetarian Meals
Frozen Sorbet and Sherbet
Frozen Cakes
Frozen Wraps & Rolls
Frozen Custard
Frozen Soup
Frozen Quinoa Food Mixes
Frozen Rice Mixes
Others
On the basis of type, the global frozen ready meals market is segmented into frozen rice mixes, frozen quinoa food mixes, frozen pizza, frozen pasta, frozen wraps & rolls, frozen snacks, frozen ice cream, frozen yogurt, frozen cakes, frozen sorbet and sherbet, frozen custard, frozen drinks, frozen savory products and frozen soup, frozen dairy products, frozen chicken products, frozen seafood products, and others.
Category
Organic
Conventional
On the basis of category, the global frozen ready meals market is segmented into organic and conventional.
Technology
Flash-Freezing/ Individual Quick Freezing (IQF)
Belt Freezing
High Pressure-Assisted Freezing
Others
On the basis of technology, the global frozen ready meals market is segmented into flash-freezing/ individual quick freezing (IQF), belt freezing, high pressure-assisted freezing, and others.
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Competitive Landscape and Global Frozen Ready Meals Market Share Analysis
The competitive global frozen ready meals market details the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, and application dominance. The above data points only relate to the companies' focus on the Global frozen ready meals market.
Some of the major players operating in the global frozen ready meals market are
v McCain Foods Limited,
v Kraft Foods,
v Kellogg's Company,
v Tyson Foods, Inc.,
v Nomad Foods,
v Grupo Virto,
v Ajinomoto Co., Inc.,
v Gulf West Company,
v Sidco Foods Trading L.L.C.,
v Al Kabeer Group ME,
v JBS Foods,
v Mosaic Foods,
v AdvancePierre,
v Wawona,
v Nestlé,
v General Mills Inc.,
v Conagra Brands, Inc.,
v Amy's Kitchen, Inc.,
v Safco International Gen. Trading Co. L.L.C.,
v Hakan Agro DMCC,
v Dr. Oetker,
v Schwan's Home Delivery,
v BRF Global
among others.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE GLOBAL FROZEN READY MEALS MARKET
7 GLOBAL FROZEN READY MEALS MARKET, BY INDUSTRY TYPE
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