DUBLIN--(BUSINESS WIRE)--The "Chilled Processed Food Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The global chilled processed food market is projected to grow at a CAGR of 5.65% during the forecast period (2020-2025).
Owing to busy lifestyles, the demand for convenience foods is on the rise. Hence, chilled processed food, which has a high-speed cooking time, attracts many consumers. The increasing population, especially of working women, also drives the demand for chilled processed food, which is convenient as well as healthy.
The market demand for chilled processed food is expected to grow rapidly in the Asia-Pacific region, due to an increase in the population and rise in disposable incomes.
Key Market Trends
Growing Demand for Convenience Food
Chilled processed food provides convenience in cooking and facilitates high speed cooking which is a major factor empowering the growth of global chilled processed food market. In addition, disposable incomes of consumers accompanied with ever-increasing population have led to the increased demand of chilled processed food which is significantly boosts in the rapid growth of chilled processed food market. Chilled processed foods provide consumer satisfaction by maintaining the desired quality and standards of food. This is another remarkable factor expected to open new market opportunities for the global chilled processed food market. Expensive cost of cooling systems is affecting and holding up the growth of global chilled processed food market.
North America Dominates the World Market
Global chilled processed food market has been geographically segmented into North America, Europe, South America, Middle East & Africa and Asia-Pacific. The market is dominated by North America, followed by Europe, owing to the presence of several regional and multinational vendors and an improved supply chain. In North America, United States holds the largest market share. However, the rapid growth is expected in the Asia-Pacific region, due to an growing demand of chilled processed food products and rise in disposable incomes. India and China are the two major countries in this region with the largest market share.
The global market for chilled processed food is highly fragmented, with vendors competing for innovation, pricing, and distribution. Processed food needs to be stored at a very low temperature so as to maintain the quality, which requires high capital investment, hence considered a major challenge to the vendors. Some of the major key players in the chilled processed food market, globally includes ConAgra Foods Inc., Grupo Bimbo SAB de CV, Mondelez, Hormel Foods Corp., Pepsico, Nestle, General Mills, among others.
Key Topics Covered
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces 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 Processed Red Meat
5.1.2 Processed Poultry
5.1.3 Processed Fish/Sea Food
5.1.4 Processed Vegetables and Potatoes
5.1.5 Ready Meals
5.2 By Distribution Channel
5.2.2 Convenience Stores
5.2.3 Specialty Food Stores
5.2.4 Online Retail Stores
5.2.5 Other Distribution Channels
5.3.1 North America
5.3.4 South America
5.3.5 Middle East & Africa
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 General Mills
6.4.3 Grupo Bimbo SAB de CV
6.4.4 Hormel Foods Corp.
6.4.5 Kellogg Co.
6.4.6 Kraft Foods Inc.
6.4.7 Kroger Co.
6.4.8 Mondelz International, Inc.
6.4.9 Nestle S.A.
6.4.10 PepsiCo, Inc
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/jbqm1u