(Food-Beverage-News.Com, October 03, 2018 ) Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve yield and quality of frozen foods. The IQF method involves transferring the individual food items on a conveyor belt into a blast freezer that quickly freezes the items. With IQF method, every individual piece of food is frozen separately, as opposed to bulk or block freezing. This method boosts yield by 1.5-3% and results in better quality products with high nutritional value and less wastage. Examples of IQF foods include fruits such as blueberries, strawberries and peaches, and vegetables such as corn, peas and green beans.
THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL FROZEN FOOD MARKET TO GROW TO $235 BILLION BY 2021
Western Europe was the largest region in the frozen food market in 2017, accounting for almost two-fifth of the market share. This was due to the presence of a large number of frozen food companies catering to a large consumer base in Western European countries such as the UK, Germany, France, Spain and Italy.
According to The Business Research Company’s Consultant, Nitin Gianchandani, frozen food companies are investing in innovative packaging to offer better quality frozen food and more convenient packaging to carry and use frozen food. Some of the innovative features in packaging include microwavable bags, reusable zip closures and eye-catching graphic designs, thus making frozen food more convenient to use and appealing to consumers. For instance, Emmerson Packaging, a US-based company, offers MicroPack packaging for frozen food, which lets consumers quickly and safely cook frozen vegetables in a microwave. Major frozen food manufacturers such as Nestle, Tyson Foods, ConAgra, Kraft Heinz and McCain Foods use innovative packaging for frozen foods.
Tyson Foods, Inc. was the largest player in the global frozen food market in 2017, with revenues of $7.9 billion in 2016. Tyson food’s growth strategy aims at increasing revenues and customer base by introducing regional food products. In 2015, the company introduced 22 new frozen-food items, specially designed for the Chinese consumer to cater to local tastes and demands.
The frozen food industry includes establishments manufacturing frozen fruits, juices, vegetables, and frozen specialty foods. This market does not cover meat products.
Frozen Food Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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