FROZEN FOOD MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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FROZEN FOOD MARKET 2018 Frozen Food Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 The benefits of frozen food are one of the primary factors that are driving the expansion of the industry. Since the food products can be safely consumed over a long period of time, frozen foods are highly demanded by the working population who are looking out for quick fix options in terms of food preparations. The convenience factor of these products will sustain the industry’s growth through the forecast period.
Frozen Food Market has seen a significant uptick in the recent years owing to rising consumer preferences. Market reports linked to the food, beverage & nutrition sector along with published reports on other sectors have been lately made available by Market Research Future, which has also published a report on this market. The industry for frozen foods is projected to expand at a CAGR of about 4.21 per cent in the forecast period.
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FROZEN FOOD MARKET 2018
Industry Updates:
Mar 2018 Riviana Foods which is a Texas-based company and German rice and pasta manufacturer Ebrofrost Holding GmbH who had partnered about a year ago on plans for a multimillion-dollar facility to distribute and process frozen pasta, rice and grain products are expanding their production facility again. The plans comprised of Ebrofrost renovating and leasing part of Riviana’s facility. The two companies have just recently have filed a $3.1 million building permit application for site to further enhance their capabilities in the region to a great extent.
Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/1948
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FROZEN FOOD MARKET 2018 Regional Analysis Frozen Food Market is segmented into regions such as Europe, Asia Pacific, North America and Rest of the World (ROW). The European region is estimated to continue its strong hold on the market throughout the forecast period and will develop at a CAGR of 4.03 percent. The Asia-pacific region will also be the rapidly growing region in the industry with the market value rising at a CAGR of 4.81 percent.
With high growth observed in emerging economies such as China, Japan, India and ASEAN countries, the APAC region is bound to show promising growth. The Latin American countries have made available abundant occasions of growth to the major players in the industry. The amplified consumption of convenience and processed food items in emergent economies of Latin America and Asia-Pacific along with the mounting demand for ready meals and sea food especially in Chinese and Indian region will uphold the industry expansion during the forecast period.
Browse Report @ https:// www.marketresearchfuture.com/reports/frozen-food-market-194 8
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FROZEN FOOD MARKET 2018 Application & Major Players in this Research: Frozen Food Market Prominent Players:
Aryzta AG (Switzerland), General Mills Inc. (US), Kraft Foods Group Inc. (US), Ajinomoto Co. Inc., (Japan), Nestle S.A. (Switzerland),
Cargill Incorporated (US) and
Kellogg Company (US).
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