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Frozen Food Market: Current Scenario and Forecast (2020-2026)

Frozen Food Market: Current Scenario and Forecast (2020-2026)

Submitted by • September 4, 2020

Global Frozen Food Market was valued at US$ 232.42 billion in 2019 and is anticipated to reach US$ 320.06 billion by 2026 displaying an elevated CAGR of 4.6% over the forecast period (2020-2026). Frozen Foods have increasingly become an integral part of daily diets among people. Busy lifestyles and increasing working population have driven the food manufacturing industry to produce new products in the form of frozen foods to meet the surging demand for ready to eat food items. Rising demand for convenience and Ready-to-Eat (RTE) food products is a major growth driving factor for the global frozen foods market.

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