Frozen Processed Food Market Report, by Product Type and Geography - Global Trends and Forecast to 2025
The processed food is frozen to control the microbial growth and to retain the quality of processed products over long period. The frozen processed food products are stored under recommended temperatures to maintain their quality. They are perceived as natural and healthy food product, which is fueling the growth of the market. Furthermore, increasing preference of customers towards ready to cook products, owing to hygiene and convenience is boosting the growth of frozen processed food market. However, the availability of chilled food products is restraining the growth of the market. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/1228 Frozen processed food are segmented on the basis of product type in frozen processed bakery products, frozen processed desserts, frozen processed meat substitutes, frozen processed fish/seafood, frozen processed poultry, frozen processed meat, frozen processed pizza, frozen processed noodles, frozen processed potatoes, and frozen processed vegetables. Frozen processed poultry segment is expected to account for the highest revenue share over the forecast period, due to increasing consumption of chicken. According to United States Department of Agriculture, the per capita poultry consumption was 48.8 kg in 2016 and is expected to increase up to 49.7 kg in 2018. North America is the dominant region in the global frozen processed food market and was valued at US$ 16.95 Bn in 2016. This is attributed to increasing consumer interest in healthy and functional food. The ability to preserve the processed food enables the manufacturer to offer products to the consumers to the other side of the world, leading to burgeoning the growth of frozen processed food market. In February 2017, Smithfield Foods, Inc., a meat processing company, extended their frozen meat product portfolio, which included frozen chicken breakfast items and pork’s. However, increasing prevalence of obesity levels in the U.S. may negatively impact frozen processed food market. According to Centers for Disease Control and Prevention (CDC), nearly 36.5% of the U.S. adults have obesity and the prevalence of obesity was higher among the adults and middle-aged population, which in turn is expected to hinder the growth of the market.