Market Analysis Report South Korea Frozen Food Market
Your Catalyst to a Lucrative Business
South Korea Frozen Food Market Share, Application,Growth,
Research and Forecasts to 2024 | Hexa Research
“ Singapore frozen food market is expected to be valued at USD 141.4 Million
By 2024.”
13 November 2018
South Korea frozen food market is expected to be valued at USD 1,629.3 million by 2024 driven primarily by growing
aging population which demands frozen foods with high nutritional value and low preservatives. Time limitations are
driving the demand for more timely ways of shopping and convenience products. Increase in women workforce, single
person household and longer working commutes have reduced the time available for home meal preparation and
grocery shopping owing to which people are shifting towards frozen processed foods that merely take one step for
preparation, for instance, boiling or heating.
The Korean market is primarily influenced by the number of rising number of people adopting western style diet which is
expected to boost the demand for popular U.S. and European products. Trending demand for organic and fresh frozen
food products has also seen an increase among young professionals and older population who are trying to stay fit.
Convenient pricing is further expected to support the growth of frozen food products in the Korean market over the
coming years.
Browse Details of Report @ https://www.hexaresearch.com/research-report/singapore-frozen-food-market
Convenience along with traditional appeal is the new trend when it comes to product innovation. Formal
mealtimes which used to take minutes to cook and eat are considered to be past times. Millennials
nowadays often consider eating impulsively rather than eating traditional meals. Therefore,
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