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Europe Frozen Food Markett 2021 to 2028 - Size, Revenue, Driver, Restraints, and Reginal Forecast - Media Releases
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NEW YORK, April 22, 2021 /PRNewswire/ Â
The frozen food market in Europe is set to grow by USD 36.76 billion, decelerating at a CAGR of over 6% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will decelerate during the forecast period. Dr August Oetker KG, FRoSTA AG, Iceland Foods Ltd., McCain Foods Ltd., Nestle SA, Nomad Foods Ltd., Orkla ASA, Quirch Foods LLC, Smithfield Foods Inc, and William Jackson Food Group are some of the major market participants. The growing number of M&A in the market will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.