SHERIDAN, UNITED STATES, January 7, 2022 /EINPresswire.com/ – According to the latest IMARC group report, entitled “Indian frozen food market Size: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026, “The Indian frozen food market reached a value of INR 105.6 billion in 2020. The market consists of frozen vegetables , frozen fruit, frozen vegetable snacks and frozen meat. products.For the future, IMARC group expects the Indian frozen food market to show strong growth in the period 2021-2026 . Frozen food refers to food products including fruits, vegetables, snacks, desserts, meat products and frozen ready meals that are processed and kept at extremely low temperatures. These processes allow the food to preserve their nutritional content for an extended period without changing their flavor or taste. These food products are easy to store and cook while providing increased convenience and cooking time its minimized, unlike their cool counterparts. They are often characterized by a relatively improved taste and increased palatability.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
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Indian Frozen Food Market Trends:
The Indian market is primarily driven by the growing preference for ready meals across the country. With the busy lifestyles of professionals and their changing food preferences, the demand for frozen ready-to-eat meals has increased which is driving the growth of the market. This is further supported by rapid urbanization, improving the standard of living of the masses and increasing their levels of disposable income. In addition, the rapid expansion of organized online and offline retail channels across India is also acting as a major growth factor. Apart from this, there has been a considerable increase in the number of cold chain storage and transport facilities in the country, which creates a positive outlook for the market. The market is further driven by the continuous integration of cold chain facilities with the Internet of Things (IoT) and GPS tracking systems to ensure increased production yield with improved food safety standards.
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Key market segmentation:
The competitive landscape of the market has been examined with some of the major players being:
• McCain Foods
• Mother dairy
• Godrej Tyson Ltd.
• Hyfun Foods
• Al Kabeer Group
• Innovative foods (Sumeru)
Breakdown by product:
• frozen vegetable snacks
• frozen meat products
• frozen fruits and vegetables
Breakdown by region:
• West and Central India
• North India
• South India and East India
Highlights of the report:
• Market performance (2015-2020)
• Market outlook (2021-2026)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
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