The global frozen food market, valued at $122.1 billion in 2013, is projected to grow at a compound annual growth rate of 3.6 percent from 2014 to 2020, reaching an estimated $156.4 billion by 2020, according to a new report from Persistence Market Research.
The American Frozen Food Institute is hoping to change the way consumers think about frozen foods when they head to the shelves by launching the “Frozen. How fresh stays fresh” campaign.
Frozen food manufacturers are encountering a shortage of broccoli and are looking to the Office of the US Trade Representative (USTR) to increase the supply.