The frozen food market in seven of the major Western European Economies was valued at EUR68.72bn in 2013 and is expected to grow double digit, by 10.94 percent by 2016, according to the latest report by Swiss research company Food for Thought
Among the seven major countries analyzed (Belgium/Luxembourg, France, Germany, Italy, Netherlands, Spain, United Kingdom), Germany is by far the leader in terms of market value, with 28,1 percent, followed by France (19,7 percent) and the UK (19,2 percent).
According to the FFT report, total per capita expenditure in the seven markets analyzed was of EUR201.23, while the leading company by market share value was Premira, with 13.32 percent, followed by Unilever, Nestle, Lion Capital and McCain.
The report cites 379 companies and includes frozen food categories such as frozen pastry, fruit, vegetables, potato, soup, convenience meat, fish, pizza, ready meals.
For more information, please access www.fft.com