Cold chain infrastructure has played an important role in driving the frozen foods market, as it helps to transport products at both the domestic and international levels.
May 16, 2019
The global frozen food market valued at $219.87 billion in 2018, and is projected to grow at a CAGR of 5.14% during the forecast period, reaching $282.50 billion by 2023, according to research presented by MarketsandMarkets, New York.
In addition to convenience, core frozen food shoppers stated they also value the taste, quality, variety and consistency of the food itself.
February 20, 2019
The American Frozen Food Institute (AFFI), Arlington, Va., and Food Marketing Institute (FMI), Arlington, Va., released “The Power of Frozen 2019,” an inaugural exploration into the consumption, purchase drivers and use of frozen foods.
The convenience food and ready meals segment dominated the frozen foods market in 2018.
February 15, 2019
The frozen foods market is estimated to account for about $219.9 billion in 2018, and is projected to reach nearly $282.5 billion by 2023, growing at a CAGR of 5.1% from 2018, according to a new report published by MarketsandMarkets, New York.
The report further reveals that households headed by adults under age 25 are 29% more likely to eat shelf-to-microwave dinners and 26% more likely to eat frozen breakfast entrées/sandwiches.
February 11, 2019
Young Gen Z adults (18-24 year olds) are more likely than their Millennial predecessors to say they often snack between meals (74% vs. 66%), and when they do slow down to prepare a meal, young Gen Z adults are more likely to prefer simple, easy-to-prepare meals (58% vs. 40%), according to “Looking Ahead to Gen Z: Demographic Patterns and Spending Trends,” a report from Packaged Facts, Rockville, Md.
The study focused on developing and testing a computer model that has the potential to pinpoint locations in a food manufacturing facility where Lm might be found.
January 24, 2019
New research funded in part by the Frozen Food Foundation, a non-profit arm of American Frozen Food Institute, Arlington, Va., reveals a possible solution for controlling Listeria monocytogenes (Lm) in food manufacturing facilities.
Frozen ready meals experience the highest growth rate in the frozen foods industry.
January 24, 2019
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.