DELHI, India -
April 14, 2020 -
PRLog -- Global Frozen Foods market is anticipated to reach the market valuation of US$ 320.06 billion by 2026 expanding at a reasonable CAGR of 4.6% in the course of forecasted period (2020-2026) from US$ 232.42 billion in 2019. Consumers globally have recognized frozen food as one of the healthier options in the ambit packaged products available. Today frozen foods have become more accessible owing to the increase in number of large format retail stores. Major factors driving the industry constitute to be the customer craving, rising awareness and acceptance, increase in selling points, deeper penetration by organized players and surging availability of freezer space at the retail domain. Advances in freezing technologies, innovative refrigerator displays in supermarkets, better and faster supply chain solutions have been owing to the increasing consumption and therefore growing demand of frozen foods. Increase of the global population, scarcity of food in some regions, strong demand from emerging economies and specific demographic changes in the modern world have been the prime reasons for the growth of frozen foods market. The increasing number of women at workplace together with growing number of one-person households has also determined the upward trend of the demand for frozen foods. Frozen foods have become a regular part of daily diet worldwide accredited to changing lifestyles and increasing lifestyles.
For Regional/country-level analysis of the overall sales of frozen food products browse through https://univdatos.com/report/frozen-food-market-current-scenario-and-forecast-2020-2026UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Frozen Foods market can be customized to the country level or any other market segment.
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