The U.S. Frozen Food Market: Size, Trends & Forecasts (2019-2023)

Date: April 1, 2019
Pages: 83
Price:
US$ 850.00
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Publisher: Daedal Research
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: U86805317D4EN
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The U.S. Frozen Food Market: Size, Trends & Forecasts (2019-2023)
SCOPE OF THE REPORT

The report entitled “The U.S. Frozen Food Market: Size, Trends & Forecasts (2019-2023)” provides an in-depth analysis of the U.S. frozen food market with detailed analysis of market sizing and growth. The analysis includes market size in terms of value, volume, and market share by segments. A comprehensive segment analysis of the U.S. frozen food market with their actual and forecasted values has also been provided in the report.

Furthermore, the report also assesses the key opportunities available in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the U.S. frozen food market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The competition in the U.S. frozen food market is highly fragmented but a significant share of market is dominated by few major players such as Conagra Brands, Inc. (EVOL), Hain Celestial Group, Inc., Nestle (Sweet Earth), and Tyson Foods, Inc. whose company profiling has been done in the report, which include their business overview, financial overview and respective business strategies.

Company Coverage
  • Conagra Brands, Inc. (EVOL)
  • Hain Celestial Group, Inc.
  • Nestle (Sweet Earth)
  • Tyson Foods, Inc.
EXECUTIVE SUMMARY

Frozen food is one of the latest developments in the overall food industry globally. Convenient packaging and longer shelf life are the major characteristics of frozen food which made it popular among other forms of food. Frozen food items are not only convenient to consume, but also are more nutritious as compared to ready-to-eat food items. Frozen foods contain crystalline ice within freeze-concentrated solids.

The U.S. frozen food market is majorly categorized into meals, meats, desserts, produce, snacks, and baked goods. An extensive range of frozen foods are available within each category. Frozen meals, meats, and desserts are the best-selling frozen foods in the U.S. market.

The U.S. frozen food market almost remained stagnant over the past five years, but projections are made that the market would gain momentum over the forecasted period i.e. 2019 to 2023. Increasing urbanization and rising disposable income were the major factors that bolster the growth of frozen food market in the U.S. The market is expected to grow on the back of rising consumption of healthy frozen snacks, convenient packaging formats, rising use of plant-based proteins, growing demand for organic and natural products etc. However, the market is currently facing some challenges which include increasing awareness about fresh foods, lack of innovation, and aisles confusion.
1. EXECUTIVE SUMMARY

2. INTRODUCTION

2.1 Frozen Food: An Overview
  2.1.1 Frozen Food History
  2.1.2 Frozen Food: Definition
  2.1.3 Frozen Food: Advantages & Disadvantages
2.2 The U.S. Frozen Food Market: An Overview
  2.2.1 The U.S. Frozen Food Market Outlook
  2.2.2 The U.S. Frozen Food Market Segments
  2.2.3 The U.S. Frozen Food Market Sub-Segments

3. GLOBAL MARKET ANALYSIS

3.1 Global Frozen Food Market Analysis
  3.1.1 Global Frozen Food Market by Value
  3.1.2 Global Frozen Food Market by Region

4. THE U.S. MARKET ANALYSIS

4.1 The U.S. Frozen Food Market Analysis
  4.1.1 The U.S. Frozen Food Market by Value
  4.1.2 The U.S. Frozen Food Market by Volume
  4.1.3 The U.S. Frozen Food Market by Segments
4.2 The U.S. Frozen Food Market: Segment Analysis
  4.2.1 The U.S. Frozen Meals Market by Value
  4.2.2 The U.S. Frozen Meat Market by Value
  4.2.3 The U.S. Frozen Desserts Market by Value
  4.2.4 The U.S. Frozen Produce Market by Value
  4.2.5 The U.S. Frozen Snacks Market by Value
  4.2.6 The U.S. Frozen Baked Goods Market by Value

5. MARKET DYNAMICS

5.1 Growth Driver
  5.1.1 Rising Consumption of Healthy Frozen Snacks
  5.1.2 Convenient Packaging Formats
  5.1.3 Upsurge in Disposable Income
  5.1.4 Rising Urbanization
  5.1.5 Increasing Number of Women Workforce
  5.1.6 Availability of Wide Range of Frozen Food Products
5.2 Challenges
  5.2.1 Increasing Awareness about Fresh Foods
  5.2.2 Competition from Substitute Products
  5.2.3 Lack of Innovation
  5.2.4 Aisle Confusion
5.3 Market Trends
  5.3.1 Rising Use of Plant-Based Proteins
  5.3.2 Emergence of Purposeful Ingredients
  5.3.3 Growing Demand for Organic and Natural Products
  5.3.4 Changing Consumer Perception

6. COMPETITIVE LANDSCAPE

6.1 The U.S. Frozen Meals Market by Players
6.2 The U.S. Frozen Meat Market by Players
6.3 The U.S. Frozen Dessert Market by Players
6.4 The U.S. Frozen Produce Market by Players
6.5 The U.S. Frozen Snacks Market by Players
6.6 The U.S. Frozen Baked Goods Market by Players
6.7 The U.S. Frozen Food Market Competitive Landscape

7. COMPANY PROFILES

7.1 Conagra Brands, Inc. (EVOL)
  7.1.1 Business Overview
  7.1.2 Financial Overview
  7.1.3 Business Strategy
7.2 Hain Celestial Group, Inc.
  7.2.1 Business Overview
  7.2.2 Financial Overview
  7.2.3 Business Strategy
7.3 Nestle (Sweet Earth)
  7.3.1 Business Overview
  7.3.2 Financial Overview
  7.3.3 Business Strategy
7.4 Tyson Foods, Inc.
  7.4.1 Business Overview
  7.4.2 Financial Overview
  7.4.3 Business Strategy

LIST OF FIGURES

Figure 1: Frozen Food Industry Milestones
Figure 2: The U.S. Frozen Food Market Segments
Figure 3: Global Frozen Food Market by Value; 2014-2018 (US$ Billion)
Figure 4: Global Frozen Food Market by Value; 2019-2023E (US$ Billion)
Figure 5: Global Frozen Food Market by Region; 2018
Figure 6: The U.S. Frozen Food Market by Value; 2014-2018 (US$ Billion)
Figure 7: The U.S. Frozen Food Market by Value; 2019-2023E (US$ Billion)
Figure 8: The U.S. Frozen Food Market by Volume; 2014-2018 (Units)
Figure 9: The U.S. Frozen Food Market by Volume; 2019-2023E (Units)
Figure 10: The U.S. Frozen Food Market by Segments; 2018
Figure 11: The U.S. Frozen Meals Market by Value; 2014-2018 (US$ Billion)
Figure 12: The U.S. Frozen Meals Market by Value; 2019-2023E (US$ Billion)
Figure 13: The U.S. Frozen Meat Market by Value; 2014-2018 (US$ Billion)
Figure 14: The U.S. Frozen Meat Market by Value; 2019-2023E (US$ Billion)
Figure 15: The U.S. Frozen Desserts Market by Value; 2014-2018 (US$ Billion)
Figure 16: The U.S. Frozen Desserts Market by Value; 2019-2023E (US$ Billion)
Figure 17: The U.S. Frozen Produce Market by Value; 2014-2018 (US$ Billion)
Figure 18: The U.S. Frozen Produce Market by Value; 2019-2023E (US$ Billion)
Figure 19: The U.S. Frozen Snacks Market by Value; 2014-2018 (US$ Billion)
Figure 20: The U.S. Frozen Snacks Market by Value; 2019-2023E (US$ Billion)
Figure 21: The U.S. Frozen Baked Goods Market by Value; 2014-2018 (US$ Billion)
Figure 22: The U.S. Frozen Baked Goods Market by Value; 2019-2023E (US$ Billion)
Figure 23: Health & Wellness Expansion in Frozen Snacks; 2014-2018 (US$ Million)
Figure 24: The U.S. GNI Per Capita; 2013-2017 (US$)
Figure 25: The U.S. Urban Population (% of Total); 1990-2017
Figure 26: The U.S. Working Women Population; 2015-2022 (Million)
Figure 27: Plant-Based Ice Cream Sales; 2014-2018 (US$ Million)
Figure 28: Caulipower Froze Pizza Crust Sales; 1Q17-4Q18 (US$ Million)
Figure 29: Frozen Food Aisles CAGR; 2014-2018 (%)
Figure 30: The U.S. Frozen Meals Market Share by Players; 2018
Figure 31: The U.S. Top 5 Frozen Meals Market Players by Revenue; 2018 (US$ Billion)
Figure 32: The U.S. Frozen Meat Market Share by Players; 2018
Figure 33: The U.S. Top 5 Frozen Meat Market Players by Revenue; 2018 (US$ Billion)
Figure 34: The U.S. Frozen Desserts Market Share by Players; 2018
Figure 35: The U.S. Top 5 Frozen Desserts Market Players by Revenue; 2018 (US$ Billion)
Figure 36: The U.S. Frozen Produce Market Share by Players; 2018
Figure 37: The U.S. Top 5 Frozen Produce Market Players by Revenue; 2018 (US$ Billion)
Figure 38: The U.S. Frozen Snacks Market Share by Players; 2018
Figure 39: The U.S. Top 5 Frozen Snacks Market Players by Revenue; 2018 (US$ Million)
Figure 40: The U.S. Frozen Baked Goods Market Share by Players; 2018
Figure 41: The U.S. Top 5 Frozen Baked Goods Market Players by Revenue; 2018 (US$ Million)
Figure 42: Conagra Brands & EVOL Net Sales; 2014-2018 (US$ Million)
Figure 43: Conagra Brands Net Sales by Segments; 2018
Figure 44: Hain Celestial Group, Inc. Net Sales; 2014-2018 (US$ Billion)
Figure 45: Earth's Best Net Sales; 2014-2018 (US$ Million)
Figure 46: Hain Celestial Group, Inc. Net Sales by Segments; 2018
Figure 47: Nestle Sales; 2016-2018 (US$ Billion)
Figure 48: Sweet Earth Natural Net Sales; 2014-2018 (US$ Million)
Figure 49: Tyson Foods, Inc. Net Sales; 2014-2018 (US$ Billion)
Figure 50: NatureRaised Farms Net Sales; 2014-2018 (US$ Million)
Figure 51: Tyson Foods, Inc. Net Sales by Segments; 2018
Table 1: Frozen Food Advantages & Disadvantages
Table 2: The U.S. Frozen Food Market Outlook
Table 3: The U.S. Frozen Food Market Sub-Segments
Table 4: The U.S. Frozen Food Market Competitive Landscape
Table 5: EVOL Frozen Food Products List
Table 6: Hain Celestial Group, Inc. Frozen Food & Dessert Brands
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