Market Research Future (Food and Beverages) Frozen Meat Market Research Report | Page 3

Frozen Meat Market Research Report- Forecast to 2023 2 Market Overview Frozen food involves basic food chemistry under which food is conserved by a freezing process and kept in a freezer before cooking. Frozen meat offers better stock control, overcome the problem of seasonality and offers longer shelf life which allows advanced purchase and longer term storage. Manufacturers invest in research and technical development and investigative activities to improve existing products and procedures in order to develop new products. Numerous research studies and analysis have been done in this field which was conducted by various regulatory bodies or authorities such as USDA. USDA has conducted comprehensive scientific and technological study of all the practices of the frozen meat industry with an objective to determine the safety of frozen meat and define certain standards for maintenance of the high quality of commercially packed frozen meats under the conditions of temperature and time in order to improve the efficiency of supply chain and food distribution. Frozen Meat Market is expected to grow at the CAGR of 4.36%. Frozen meat market has witnessed substantial innovation in terms of new product launches along with research & development and collaboration. Also, the overall disposable income of the consumer is increasing over the past few years which in turn leads to surge in sales of frozen meat during the forecast period. Key Findings: Europe is estimated to retain its dominance throughout the forecast period and to grow at a substantial CAGR of 4.18%. Increasing per capita disposable income coupled with the busy life schedules of the consumer is anticipated to stimulate the sales of the frozen meat in Europe during the review period of 2017-2023. Frozen meat manufactures find a massive opportunity in the India, China and Middle East countries. Key players are emphasizing to augment the distribution channel in the untapped market in order to upsurge the customer base. Page | 3 Copyright © 2017 Market Research Future.