Frozen Food Market is Expected to be Flourished by Increasing Demand for Convenience Foods
Frozen food products including vegetables, meats, poultry, seafood, ready meals, snacks, fruits, and desserts are an excellent solution for extending shelf life and preserving freshness of food without adding any preservatives. The convenience, affordability, and nutritional value of frozen food are driving its demand among the consumers. The global Frozen Food Market is estimated to be valued at US$ 167116.37 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising demand for convenience food products is one of the major factors propelling the growth of the frozen food market. Busy and hectic lifestyles have raised demand for convenient, easy-to-cook and easy-to-eat food options. As frozen foods do not require much preparation or cooking time, they offer high convenience to the time-pressed consumers. Working professionals, single adults, and young c...