LONDON--(BUSINESS WIRE)--The frozen snack food market is expected to register a CAGR of over 6% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
Request for Technavio’s market report estimates including pre- and post-COVID-19 impact on frozen snack food market. Download free report sample on the impact of COVID-19 pandemic analysis.
Due to the extensive spread of the virus across the globe, the Consumer Staples Industry is anticipated to have Positive & Direct impact. The frozen snack food market will showcase Positive impact during 2020-2024.
Frozen Snack Food Market 2020-2024: Segmentation
Frozen Snack Food Market is segmented as below:
- Bakery products
- Meat substitutes
- Meat, and poultry and seafood
- Vegetables and fruits
- North America
- South America
APAC region will account for the highest incremental growth during the forecast period due to the increasing consumer demand for frozen snacks and the expansion of the distribution capability of vendors.
Widened reach of vendors through organized retailing has been an instrumental factor in influencing the growth of frozen snack food market. Other market drivers include increasing mergers and acquisitions. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre and post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Get more insights about the global trends impacting the future of frozen snack food market, get free sample at: https://www.technavio.com/talk-to-us?report=IRTNTR43148
Frozen Snack Food Market 2020-2024: Vendor Analysis
The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include Ajinomoto Co. Inc., Conagra Brands Inc., General Mills Inc., McCain Foods Ltd., Nestle SA, NewForrest Fingerfood BV, Nomad Foods Ltd., Rich Products Corp., The Kraft Heinz Co., and Tyson Foods Inc.
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- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Vegetables and fruits - Market size and forecast 2019-2024
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver - Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Ajinomoto Co. Inc.
- Conagra Brands Inc.
- General Mills Inc.
- McCain Foods Ltd.
- Nestle SA
- NewForrest Fingerfood BV
- Nomad Foods Ltd.
- Rich Products Corp.
- The Kraft Heinz Co.
- Tyson Foods Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.