Frozen Food Market in Europe 2019-2023
About Frozen Food
Frozen foods include products such as ready meals, meat and poultry, fruits and vegetables, and ready meals that have been subjected to rapid freezing and are kept frozen until used.
Technavio’s analysts forecast the Frozen Food Market in Europe to grow at a CAGR of 3.95% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the frozen food market in Europe. To calculate the market size, the report considers the revenue generated from the sales of various frozen foods.Technavio's report, frozen food market in Europe 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Frozen Food Market in Europe 2019-2023
Technavio recognizes the following companies as the key players in the frozen food market in Europe: Dr. August Oetker, FRoSTA, McCain Foods, Nestlé, Nomad Foods, and Orkla.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is premiumization of frozen food products.” The general consumer perception about premium products is that they are made using high quality ingredients.
According to the report, one driver influencing this market is the adoption of new packaging strategies by vendors. The players in the market are revamping the packaging, sizing, and labelling of their products.
Further, the report states that one challenge affecting this market is the adverse impact of product contamination and recall. A product recall severely affects a company’s brand image as well as its operation and sales.
Dr. August Oetker
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook