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India Frozen Food Market Outlook, 2021

India Frozen Food Market Outlook, 2021

Bonafide Research 01-10-2015 92 Pages Figures : 25 Tables : 12
Region : Asia-Pacific Country : India Category : Food & Beverages Food

1. Forstar Frozen Foods Private Limited

2. Godrej Tyson Foods Limited

3. Hak Agro Foods

4. McCain Foods (India) Private Limited

5. Mother Diary Fruit & Vegetable Private Limited

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India is a large producer of food and is offering different opportunities and business propositions in food and food processing technologies, skills and equipment. The food-based industries encompass canning, dairy and food processing, specialty processing, packaging, frozen food/refrigeration. Products which come under the frozen food industry are fruits, vegetables, fisheries, milk products, meat, poultry and other packaged and convenience foods. Although it is a huge producer of food products, India still has immense untapped potential in the frozen food export industry. The demand for Indian recipes from the Indian settled across the globe has served as an impetus to development of the frozen food industry in recent years. Vegetables like drumsticks and okra and prepared food like chapattis and paratha’s are nowadays available in frozen form in neat packets all over the world. According to “India Frozen Food Market Outlook, 2021”, frozen food market of India is growing with a CAGR of 15-20% in the last four years. This growth was mainly due to more working women, young professionals living alone and greater exposure to western food patterns making consumers to go for food fried, baked or toasted straight from the freezer. The consumption of processed and frozen food has also increased because of growing income of the middle class people in recent years as frozen food provides good food with lesser cooking time. Owing to urbanization and increased income of people, western India has the largest share in the frozen food market. North India will show a steady growth in the forecast period and Southern market will increase as a result of growing popularity of frozen idli sambar. Frozen vegetables and frozen snacks are anticipated to remain the most popular product categories capturing majority of the market share. India's food market is projected to get double in the coming few years due to rapid economic development, growing population and improved lifestyle. Busy lives are influencing consumers to shift their dietary preferences towards ready-to-eat food products. Hence, frozen foods have become an important part of the modern diet. Freezing or refrigeration allows consumers to have access to foods which were either unavailable or available only during a particular season. Also, freezing helps consumers to preserve their food products for future use. Availability of a wide range of frozen food products in different food categories is giving a boost to the frozen food market in India. “India Frozen Food Market Outlook, 2021” discusses the following aspects of frozen food in India: The report gives an in-depth understanding of frozen food market in India: - Global Frozen Food Market Outlook - Global Food Market Size & Forecast - Global Frozen Food Market Size & Forecast - Global Frozen Food Market Segmental Analysis: By Region, By Segment - India Frozen Food Market Outlook - India Food Market Size & Forecast - India Frozen Food Market Size & Forecast - India Frozen Food Market Segmental Analysis: By Company, By Region, By Segment - India Frozen Snacks Market Size & Forecast - India Frozen Vegetables Market Size & Forecast - India Frozen Vegetables Market Segmental Analysis: By Types - Overview of Cold Chain Industry in India - The key vendors in this market space - Competitive Landscape & Strategic Recommendations This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Report Methodology The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of frozen food in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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