Frozen Food Market Size Is Anticipated To Reach USD 278.47 Billion By 2030
San Francisco, 28 March 2024: The Report Frozen Food Market Size, Share & Trends Analysis Report By Product (Fruits & Vegetables, Potatoes, Ready Meals), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2024 - 2030 The global frozen food market size is expected to reach USD 278.47 billion by 2030, registering a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising consumer preference for ready-to-eat food products, which need least preparation and cooking time is the key factor driving the market growth. According to Associated Chamber of Commerce and Industry of India, January 2020 report, 79% of Indian households today prefer to have instant food due to time constraints. Major food manufactures have been ramping up their production capacity as well as improvising the supply change strategies to cater to the unprecedented product demand. For instance, in August 2020, Mark...