Study: Frozen foods market to reach $156.4B by 2020
Frozen ready meals experience the highest growth rate in the frozen foods industry.
The global frozen food market was valued at $122.1 billion in 2013, and is expected to grow at a CAGR of 3.6% from 2014-2020, reaching an estimated value of $156.4 billion in 2020, according to a new market report published by Persistence Market Research, New York.