Global Frozen Ready Meals Market

Global frozen ready meals market is projected to, register a substantial CAGR of 5.4% in the forecast period of 2019-2026

Market Definition: Global Frozen Ready Meals Market

Availability of instant and affordable food as an alternative for the freshly prepared food which can be stored at minimum possible temperature in order to maintain the quality and nutrients values are defined as frozen food. Storage of foods at minimum temperature help in preventing it from degradation and protection from microorganisms and bacteria, results in storage of food for several months.

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Major Market Competitors/Players

Few of the major competitors currently working global frozen ready meals market are Nestlé, Connie's Pizza, The Kraft Heinz Company, McCain Foods Limited, Unilever, 2sfg, Maple Leaf Foods, Hormel Foods Corporation, ADVANCED FRESH CONCEPTS FRANCHISE CORP, CSC Brand L.P, Fleury Michon, Nomad Foods, Tyson Foods, Inc., Sigma Alimentos, ASAHI FORGE CORPORATION, General Mills Inc, Dr. August Oetker Nahrungsmittel KG, Daiya Foods Inc, Conagra Brands Inc and Atkins Nutritionals Inc.

Market Segmentations:

By Type (Canned/Preserved Ready Meals, Chilled Pizza, Chilled Ready Meals, Dried Ready Meals, Frozen Pizza, Frozen Ready Meals, Prepared Salads), Distribution Channel (Store-Based Retailing, Online Retailing), Moisture Content (High Moisture Content, Medium Moisture Content, Low Moisture Content), Ingredients (High Intensity Sweeteners, Flavourant, Natural Color, Natural Flavors, Fatty acids), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Market Drivers:

• Rise in awareness about health issues such as celiac disease and lactose intolerance is driving the market growth
• Increasing working population and less time for food preparation is a driver for this market
• Increase in purchasing power and changing lifestyle are driving the market growth
• Growth in the organized retails of frozen ready meals market is boosting the growth of the market

Market Restraints:

• High concentration of sodium salt in frozen meals can lead to high blood pressure which is a restraining the market growth
• Presence of fats in the frozen food is hindering the market growth
• Negative mind-sets and perceptions about the frozen food on health effect is also restraining the market growth

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