Technavio Sees Frozen Food Value in Europe Nearing $37 Billion by 2025

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The frozen food market in Europe is set to grow by the equivalent of $36.76 billion over the next five years, decelerating at a compounded annual growth rate of over 6%, according Technavio, a London, England-headquartered market research company. Its recently issued report, entitled “Frozen Flood Market in Europe 2021-2025,” offers analysis regarding the current business scenario, trends and driving forces, and the overall commercial environment.

The market is concentrated, and the degree of concentration is expected to decelerate during the forecast period. At this time an increased number of mergers and acquisitions will offer immense growth opportunities. 

The report focuses on frozen products and geography, segmented as follows: Ready Meals, Fish and Seafood, Meat and Poultry, Frozen Fruits and Vegetables, Other; Western Europe, Eastern Europe.

Also highlighted is detailed analysis of leading frozen food manufacturers and distributors operating in the Europe. Among them are: Dr. August Oetker, FRoSTA, Iceland Foods, McCain Foods Ltd., Nestlé, Nomad Foods, Orkla ASA, Quirch Foods, and William Jackson Food Group.

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