+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

North America Frozen Food Market - Growth, Trends, and Forecasts (2019 - 2024)

  • ID: 4703959
  • Report
  • Region: North America, United States
  • 100 pages
  • Mordor Intelligence
1 of 4

FEATURED COMPANIES

  • Allens Inc
  • BRF SA
  • ConAgra Foods Inc.
  • General Mills Inc.
  • McCain Foods
  • Nestle
  • MORE
Market Overview

North America Frozen Food Market is projected to register a CAGR of 4.14% during the forecast period, 2019-2024.
  • The growth of the North America Frozen Food Market is driven by the rising demand of the convenient and ready to eat products, owing to the busy lifestyles and changing food eating habits of the North Americans.
  • Innovative product developments, like low trans-fat, low fat, multigrain, whole wheat, and low-on-artificial-preservatives products, are expected to provide an impetus to the frozen food industry.
Scope of the Report

North America Frozen Food Market is segmented by product types such as frozen fruit and vegetable, frozen poultry and seafood, frozen cooked ready meal, frozen dessert, frozen snack, and others. On the basis of the distribution channel, the market is segmented into supermarket/hypermarket, grocery stores, convenience store, online retailer, and others. Moreover, the study provides an analysis of the frozen food market in the emerging and established markets across the region, including the United States, Mexico, Canada, the rest of North America.

Key Market Trends

Increasing consumption of Ready-to-Eat Food

The demand for convenient food products is the major factor driving the frozen food market in North America, as these food items reduce cooking, preparation, and clean-up efforts and time for consumers. The demand for ready-packed, easy-to-cook, and ready-to-eat products is expected to increase over the forecast period, which is going to boost the North America frozen food market. Innovative product developments, like low trans-fat, low fat, multigrain, whole wheat, and low-on-artificial-preservatives products, are expected to provide an impetus to the whole industry. Penetration into the packaged and premium segments of frozen foods may be a huge opportunity for the frozen food market.

Growing Demand for Convenience Food

The American consumers prefer greater convenience and on-the-go food and the trend is inclined toward smaller and more frequent meals. Frozen foods are now on display in the first row in the American supermarkets and hypermarkets. The fastest growing segments in the frozen food market are - frozen vegetables and ready meals. The North American market for frozen ready meals is mainly driven by the rising demand for frozen pizza and handheld breakfast, which are positioned as low-cost products and thrive on quality and freshness. Additionally, the trend of dining out at restaurants and other food outlets is also driving the market.

Competitive Landscape

Some of the major players in frozen food market in North America are ConAgra Foods Inc, McCain Foods, Nestle SA, Foods Inc., Unilever PLC, BRF SA, General Mills Inc, Ajinomoto Co. Inc., Unilever Plc, Allens Inc., Heinz, and Alexia Foods, among others.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Allens Inc
  • BRF SA
  • ConAgra Foods Inc.
  • General Mills Inc.
  • McCain Foods
  • Nestle
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY
3.1 Market Overview

4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Frozen Fruit and Vegetable
5.1.2 Frozen Poultry and Seafood
5.1.3 Frozen Prepared Food
5.1.4 Frozen Dessert
5.1.5 Frozen Snack
5.1.6 Others
5.2 By Distribution Channel
5.2.1 Supermarket/Hypermarket
5.2.2 Specialist Retail Stores
5.2.3 Convenience Stores
5.2.4 Online Retailers
5.2.5 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America

6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 ConAgra Foods Inc.
6.4.2 McCain Foods
6.4.3 Nestle
6.4.4 Tyson Foods Inc
6.4.5 Unilever PLC
6.4.6 BRF SA
6.4.7 General Mills Inc.
6.4.8 Allens Inc

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • ConAgra Foods Inc.
  • McCain Foods
  • Nestle
  • Tyson Foods Inc
  • Unilever PLC
  • BRF SA
  • General Mills Inc.
  • Allens Inc
Note: Product cover images may vary from those shown
Adroll
adroll