DUBLIN--(BUSINESS WIRE)--The "North America Frozen Food(Potato, Fruit & Vegetable, Ready Meal, Meat & Poultry, Seafood/Fish) Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.
The overall North American frozen food market is estimated to grow above 3.5% CAGR during the forecast period. North American consumers are more inclined towards on the go foods, which act as smaller and more frequent meals. Frozen food industries have responded well to the consumer's attraction and have been developing products that consist of low trans-fat, low fat, multigrain, whole wheat, and low-on-artificial-preservatives.
Further, the North American market for frozen ready meals is mainly driven by the rising demand for frozen pizza and handheld breakfasts that are low cost and comes with quality and freshness. Additionally, the trend of dining out at restaurants and other food outlets is also driving the market. According to the report, the North American region is among the most prominent market in the frozen food category globally.
The people now also prefer frozen fruits and vegetables, which enable them to enjoy even the seasonal delicacies throughout the year. This market is driven by the advancements in the cold chain infrastructure facilities across the North America. Considering country-wise growth the USA is viewed as the largest revenue generator followed by Mexico and Canada. The demand for convenient food products is the major factor driving the frozen food market in North America, as these food items reduce cooking, preparation, and clean-up efforts and time for consumers.
The North America frozen food market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The food and beverage companies operating in the region are continuously enhancing the overall business processes to meet the rising customers' demands in the best possible way. A large number of domestic and international food processing companies have a strong foothold in North America.
The demand for frozen vegetables in North America has surged owing to the increasing consumption of convenience food such as RTE and RTC cut vegetables, mixed vegetable, and meals due to a busy lifestyle and hectic work schedule of the consumers. Rising disposable income, urbanization, and changing lifestyles further boosting the market. The high purchasing power of the consumers results in rising demand for premium frozen vegetable products. The demand for frozen vegetables in North America is also increasing due to the rising trend of veganism. Due to this trend, many consumers are dependent on fruits and vegetables, resulting in an increase in the demand for frozen vegetables.
North America is expected to hold the second-largest market share owing to high consumer awareness regarding the benefits of such eatables in global market. Various regulations have been imposed by the FDA which minimizes the usage of harmful chemicals such as Trans fats. Frozen Food require minimum cooking as these products are already prewashed, precut, and then frozen, making them portable and giving them an extended shelf life. These factors are aiding the growth of the market in the region.
Considered for the report:
- Geography: North America
- Historic year: 2016
- Base year: 2021
- Estimated year: 2022
- Forecasted year: 2027
Aspects covered in this report
- North America frozen foods market with its value and forecast along with its segments
- Country-wise frozen foods market analysis
- Various divers and challenges
- Ongoing trends and developments
- Five force models
- Top profiled companies
- Strategic recommendation
Countries covered in the report
- USA
- Mexico
- Canada
By Product Type
- Frozen potato
- Frozen fruits & vegetable
- Frozen ready meal
- Frozen meat & poultry
- Frozen fish & seafood
By End User
- Commercial
- Residential
By Sales Channel
- Supermarket /modern retail/ hypermarket
- Independent Retailers / Departmental /convenience store
- On-line Shop
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
4. Economic /Demographic Snapshot
5. Global Frozen Food Market Outlook
6. North America Frozen Food Market Outlook
7. Policy and Regulatory
8. Market Dynamics
9. Market Trends and Developments
10. Competitive Landscape
11. Strategic Recommendations
12. Disclaimer
Companies Mentioned
- Aryzta AG
- General mills Inc.
- Kraft Heinz Company
- Ajinomoto Co. Inc.
- Cargill Incorporation
- Nestle S.A.
- Flowers Foods
- Kerry Group
- Grupo Bimbo S.A.B. de C.V.
- McCain Foods Limited
- Tyson Foods, Inc.
- Kellogg Company
For more information about this report visit https://www.researchandmarkets.com/r/7q5sst
