US Frozen Snacks Market Value Projected to Expand by 2029
The US frozen snacks market is estimated to grow at a CAGR of 6.8% during the forecast period. The expansion of foodservice chains is one of the major factors in accelerating market growth. There is significant availability of major foodservice chains such as McDonald’s, Pizza Hut, and Domino’s Pizza is supporting the consumption of frozen snacks. For instance, in January 2019, Domino’s declared that it could build another 2,000 stores in the US in the next seven to eight years. This expansion is a part of its fortressing” strategy to establish more sales and improve the quality of delivery services. Frozen pizza and potato fries are widely offered in these fast-food restaurants. In August 2019, McDonald’s has brought a completely new form of French fry to its global headquarters restaurant in Chicago, US. These fast-food chains are primarily engaged in making innovations in their food products, which supports to widen their consumer base.
The US frozen snacks market is
segmented based on product and distribution channels. Based on the product, the
market is classified into pizza, potato fries, puffs, meat snacks, and others.
The rising demand for meat snacks is offering an opportunity for the
consumption of frozen meat snacks in the region. Additionally, increasing launches
of frozen meat snacks are offering an opportunity for the adoption of frozen
meat snacks. For instance, in July 2020, Kalahari Snacks declared the launch of
new air-dried beef chips.
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US Frozen Snacks Market Segmentation
By Product
·
Pizza
·
Potato Fries
·
Puffs
·
Meat Snacks
·
Others
By Distribution Channel
·
Retail
·
Food Service Chain
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Snacks Market is Available @ https://www.omrglobal.com/industry-reports/us-frozen-snacks-market
Company Profiles
·
Amy's Kitchen, Inc.
·
Bellisio Foods, Inc.
·
Bernatello's Foods
·
California Pizza Kitchen, Inc.
·
Caulipower LLC
·
CJ CheilJedang Corp.
·
Conagra Brands, Inc.
·
General Mills, Inc.
·
Hansen Foods, LLC
·
Nestlé S.A.
·
Newman’s Own, Inc.
·
Palermo Villa, Inc.
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