PUBLISHER: TechNavio | PRODUCT CODE: 1502604
PUBLISHER: TechNavio | PRODUCT CODE: 1502604
The frozen snack food market is forecasted to grow by $ 14.6 bn during 2023-2028, accelerating at a CAGR of 6.24% % during the forecast period. The report on the frozen snack food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in launch of frozen products, widened reach of vendors through organized retailing, and changing lifestyles and urbanization.
Technavio's frozen snack food market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.81% |
CAGR | 6.24% |
Incremental Value | $14.6bn |
By Product
By Distribution Channel
By Geographical Landscape
This study identifies the rise of e-commerce as one of the prime reasons driving the frozen snack food market growth during the next few years. Also, introduction of innovative and sustainable packaging by leading vendors and rising popularity of organic and vegan frozen snacks will lead to sizable demand in the market.
The report on the frozen snack food market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading frozen snack food market vendors that include Ajinomoto Co. Inc., Al Kabeer Group ME, BRF SA, Conagra Brands Inc., Del Monte Pacific Ltd., ELEVATION BRANDS LLC., General Mills Inc., Home Market Foods Inc., JBS SA, Kidfresh, Maple Leaf Foods Inc., McCain Foods Ltd., Mother Dairy Fruit and Vegetable Pvt. Ltd., Nestle SA, NewForrest Fingerfood B.V., Nomad Foods Ltd., Rich Products Corp., The Hain Celestial Group Inc., The Kraft Heinz Co., and Tyson Foods Inc.. Also, the frozen snack food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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