Report Details-
North America Frozen Ready meals Market, By Type (Frozen Rice Mixes, Frozen Quinoa Food Mixes, Frozen Pizza, Frozen Pasta, Frozen Wraps & Rolls, Frozen Snacks, Frozen Ice Cream, Frozen Yogurt, Frozen Cakes, Frozen Sorbet And Sherbet, Frozen Custard, Frozen Drinks, Frozen Savory Products And Frozen Soup, Frozen Dairy Products, Frozen Chicken Products, Frozen Seafood Products, And Others), Category (Organic And Conventional), Technology (Flash-Freezing/ Individual Quick Freezing (IQF), Belt Freezing, High Pressure-Assisted Freezing, And Others), End User (Food Service Sector And Households), Packaging Technique (Freezing Technique And Equipment And Freezing Ready Meals Packaging And Distribution Channel (Store-Based And Non-Store Retailers) - Industry Trends and Forecast to 2029.
North America Frozen Ready Meals Market Analysis and Insights.
North America frozen ready meals market is growing faster, owing to the busy lifestyles of consumers. The growing number of individuals altering their eating habits and embracing a balanced nutritional diet and active lifestyle is a major element driving the growth of the frozen-ready meals industry. People worldwide have hectic lifestyles and thus prefer ready meals to save energy and time, which benefits the market's growth. However, high prices of frozen ready meals may hamper the market's growth.
The rising consumption of frozen chicken, beef, and seafood will open new opportunities for the global market. In contrast, competition among market players may challenge the market's growth.
Various companies are making strategic decisions, such as launching innovative frozen-ready meal foods and acquiring other companies to improve their market share. As a result, the global frozen-ready meals market is growing rapidly.
Data Bridge Market Research analyses that the North America frozen ready meals market will grow at a CAGR of 5.0% during the forecast period of 2022 to 2029.
Market Definition
Frozen-ready meals are usually cooked and packaged in a factory. This process includes heating the ingredients and packaging them into containers. Once the meal is prepared and placed in a freezer to cool down, they are popular among consumers because they provide a diverse menu and are convenient to prepare. Frozen meals may contain a meat entree, a vegetable, and starch-based food such as pasta and sauce. Some frozen meals are prepared specifically for vegetarians or individuals with certain dietary needs. The manufacture of such a product requires careful attention from the food processor.
Post-COVID-19 Impact on North America Frozen Ready Meals Market
The COVID-19 epidemic has had a significant impact on consumer behavior. Consumers are hoarding shelf-stable foods, such as frozen ready meals. Stockpiling has caused a dramatic increase in the market value of the frozen snacks and meals market worldwide in 2020, which will normalize with an outbreak-free condition because of the longer shelf life and easy storage of frozen meals.
Recent Developments
- In November 2020, Gerber Products Co., a Nestle SA subsidiary, launched Freshful Start bowls and nibbles in the frozen category. The USDA-certified organic, clean label items, made with whole grains and veggies, are ideal for toddlers 12 months and up and are ready to reheat and serve in minutes
North America Frozen Ready Meals Market Regional Analysis/Insights
North America frozen ready meals market is analyzed, and market size insights and trends are provided based on as referenced above.
The countries covered in the North America frozen ready meals market report are U.S., Mexico, and Canada.
U.S. is expected to dominate the North America frozen ready meals market in terms of market share and market revenue. It is estimated to maintain its dominance during the forecast period due to the increasing demand from food service and hospitality industries within North America.
The region section of the report also provides individual market impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of North America brands, their challenges faced due to high competition from local and domestic brands, and the impact of sales channels are considered while providing forecast analysis of the country data.
North America Frozen Ready Meals Market Scope
North America frozen ready meals market is segmented into six notable segments based on type, category, technology, end user, Packaging technique, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Frozen Snacks
- Frozen Pizza
- Frozen Ice Cream
- Frozen Seafood Products
- Frozen Chicken Products
- Frozen Yoghurt
- Frozen Dairy Products
- Frozen Pasta
- Frozen Drinks
- Frozen Vegetarian Meals
- Frozen Sorbet and Sherbet
- Frozen Cakes
- Frozen Wraps & Rolls
- Frozen Custard
- Frozen Soup
- Frozen Quinoa Food Mixes
- Frozen Rice Mixes
- Others
On the basis of type, the North America frozen ready meals market is segmented into frozen rice mixes, frozen quinoa food mixes, frozen pizza, frozen pasta, frozen wraps & rolls, frozen snacks, frozen ice cream, frozen yogurt, frozen cakes, frozen sorbet and sherbet, frozen custard, frozen drinks, frozen savory products and frozen soup, frozen dairy products, frozen chicken products, frozen seafood products, and others.
Category
- Conventional
- Organic
On the basis of category, the North America frozen ready meals market is segmented into organic and conventional
Technology
- Flash-Freezing/ Individual Quick Freezing (IQF)
- Belt Freezing
- High Pressure-Assisted Freezing
- Others
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Competitive Landscape and North America Frozen Ready Meals Market Share Analysis
The competitive North America frozen ready meals market provides details about the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, and application dominance. The above data points are only related to the companies' focus on the North America frozen ready meals market.
Some of the major players operating in the North America frozen ready meals market are
Ø McCain Foods Limited,
Ø Kraft Foods,
Ø Kellogg's Company,
Ø Tyson Foods, Inc.,
Ø Nomad Foods,
Ø Grupo Virto,
Ø Ajinomoto Co., Inc.,
Ø Gulf West Company,
Ø Sidco Foods Trading L.L.C.,
Ø Al Kabeer Group ME,
Ø JBS Foods,
Ø Mosaic Foods,
Ø AdvancePierre,
Ø Wawona,
Ø Nestlé,
Ø General Mills Inc.,
Ø Conagra Brands, Inc.,
Ø Amy's Kitchen, Inc.,
Ø Safco International Gen. Trading Co. L.L.C.,
Ø Hakan Agro DMCC,
Ø Dr. Oetker
among others.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE NORTH AMERICA FROZEN READY MEALS MARKET
7 NORTH AMERICA FROZEN READY MEALS MARKET, BY INDUSTRY TYPE
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