Latin-America Frozen Food Market Outlook to 2027 – Featuring General Mills, Kraft Heinz, Ajinomoto and Cargill Among Others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Latin-America Frozen Food (Potato Products, Fruit & Vegetable, Meat & Poultry, Ready Meals, Seafood & Fish Products) Market Outlook, 2027” report has been added to ResearchAndMarkets.com’s offering.

This report provides an in-depth analysis of Latin America’s frozen food segment. The growth of the economy of Latin America is leading to an improvement in an individual’s lifestyle.

The region is at the developing stage in the frozen food adaptation rate, the market is anticipated to grow with more than 5% of CAGR by 2027.

As the working population of Lain America is, improving the lifestyle of the individuals & busier work schedules, make them unable to take out time to cook an elaborate meal. The workforce of Latin America has seen an increase in working women and the young individual which is leading to an increase in the consumption of frozen food products. The people are becoming aware of healthy & nutritious foods. The disease caused by unhealthy food and the least fresh food has diverted their focus on frozen foods.

Increasing demand from Latin America will boost its market growth. The major opportunity in the frozen vegetables industry is the rise in demand from developing countries of Latin America. Brazil and Argentina are one of the leading markets in the region. Emerging economies in Latin America are contributing to the growth of the frozen vegetables market and are providing huge opportunities for this market. Many food companies and outlets have expanded their presence in the Latin American frozen vegetables market. Growth of quick service restaurants and foodservice outlets in the region has been one of the major opportunities for the frozen vegetables market to grow in these regions.

In addition to that, e-commerce is playing the part in increasing the demand for the products. It is considered as the most convenient means of purchasing the products. The consumers are getting there appropriate products which they desire in whichever forms of it like slice, cube, peeled, cooked, baked, half-cooked. The products are going too used as the industrial uses as well as the household and accordingly the companies are providing the varieties of the products. The production and packaging processes and systems are improving on the grounds of the demand increase of the products.

Latin America’s frozen food segment is segmented into frozen potatoes, frozen vegetables, & fruits, frozen ready to eat meals, frozen meat & poultry, and frozen fish & seafood. Among all the frozen food products present in the region’s frozen food market potatoes, meat and poultry generate more than 55% of the region’s frozen food revenue share.

Expansion of the products in the region has been led by the growth accompanied by major countries like Brazil, Argentina, Chile, Colombia, etc. Out of these countries, Argentina has recorded the fastest growth and has all the expectation to continue the same trend during the forecast period. Furthermore, consumption of frozen food products in the region have been uplifted with the increased availability from retail channels like supermarkets & hypermarkets. Distribution of products from such sources is generating a major part of revenue for Latin America’s frozen food segment.

Major companies present in the market

General Mills Inc., Kraft Heinz Company, Ajinomoto Co. Inc, Cargill Incorporation, Nestle SA, Kerry Group, Grupo Bimbo SAB De CV, Mccain Foods Limited, Tyson Foods, Inc., Kellogg Company, JBS SA, Hormel Food, Rich Product Corporation

Considered for the report:

  • Geography: Latin America

  • Historical year: 2016

  • Base year: 2021

  • Estimated year: 2022

  • Forecasted year: 2027

Aspects covered in this report

  • Latin America frozen foods market with its value and forecast along with its segments

  • Country-wise frozen foods market analysis

  • Various divers and challenges

  • Ongoing trends and developments

  • Five force models

  • Top profiled companies

  • Strategic recommendation

Countries covered in the report

  • Brazil

  • Argentinian

  • Chile

  • Columbia

By Product Type

  • Frozen potatoes

  • Frozen fruits & vegetables

  • Frozen ready meal

  • Frozen meat & poultry

  • Frozen fish & seafood

By End User

By Sales Channel

  • Supermarket / modern retail / hypermarket

  • Independent Retailers / Departmental /convenience store

  • Online Shop

For more information about this report visit https://www.researchandmarkets.com/r/vcf1vk

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