The United States is a leader of the frozen food industry in terms of revenue, among the eight most important nations, economically (G8). Last year, the US recorded market revenues of USD33,441.3m, according to a report by ReportLinker.
The G8 countries (US, Canada, Germany, France, UK, Italy, Russia and Japan) contributed USD73,434.8 million in 2013 to the global frozen food industry, with a compound annual growth rate (CAGR) of 2% between 2009 and 2013 and are expected to reach a value of $80,462.4 million in 2018, with a CAGR of 1.8% over the 2013-18 period.
Following the US, Germany and Japan place second and third, with a value of USD9,855.1m and USD7,261.9m, respectively.
In terms of estimates for the future, the US is expected to lead the frozen food industry in the G8 nations with a value of USD34,253.6m in 2016, followed by Germany and Japan with expected values of USD11,905.9m and USD7,820.2m, respectively.