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Frozen Food Market | Demand of Vegan Frozen Food to Boost the Market Growth

The global frozen food market size is poised to grow by USD 64.69 billion during 2020-2024, progressing at a CAGR of about 11% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Frozen Food Market 2020-2024 (Graphic: Business Wire)

The growing consumer inclination toward vegan frozen food is one of the key factors driving the frozen food market growth. With the rising awareness about the health benefits of vegan food, the demand for plant-based dairy alternatives and food products has increased. In addition, the demand for meat alternatives in countries such as the UK and the US has increased. This is further encouraging vendors to innovate frozen vegan products to provide healthy alternatives such as tofu and wheat-based protein products. Companies are launching new products, including frozen food items such as vegan frozen burgers, fillets, and vegetable balls.

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Report Highlights:

  • The major frozen food market growth came from frozen ready meals segment. The increasing availability of nutrient-rich varieties of frozen ready meals and the rise in consumer shift toward healthy food options are contributing to the frozen food market share growth by the frozen ready meals segment. The frozen food market growth by the frozen ready meals segment will be slower than the growth of the market by the frozen fruits and vegetables segment.

  • North America will offer several growth opportunities to market vendors during the forecast period. The increasing number of consolidations through M&As and the growing innovative marketing campaigns by vendors as well as the premiumization of frozen foods products are some of the factors that will significantly drive the frozen food market growth in this region over the forecast period.

  • The global frozen food market is fragmented. Ajinomoto Co. Inc., Bonduelle SCA, Conagra Brands Inc., Dr. August Oetker Nahrungsmittel KG, George Weston Ltd., Kerry Group Plc, McCain Foods Ltd., Nestlé SA, Nomad Foods Ltd., and Tyson Foods Inc. are some of the major market participants. To help clients improve their market position, this frozen food market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global frozen food market 2020-2024 is expected to have Positive and Superior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Jessica Alba Shares Fitness Benefits From Vegan Hiking Retreat

  • Jessica Alba, 39, shared multiple photos and videos from a vegan hiking retreat.
  • In the caption, the actress said the experience helped her lower her cholesterol and increase lean muscle mass.
  • Besides hiking, the L.A.’s Finest gets her fitness on through TikTok dance challenges.

    Actress Jessica Alba, 39, spent the weekend on a health and fitness retreat with her BFF Kelly Sawyer that turned her into a “vegan hiker” (temporarily), and she’s sharing all about her experience in her latest Instagram post.

    The Honest Company founder posted a carousel of photos from her weekend that included a sweaty selfie video from a hike, a abs-tastic photo of Jessica and Kelly, a picture of some blister balm, her feet soaked in an ice bath, and some yummy vegan food.

    “So I’m a vegan hiker now… 😝JK. Spent a week as a guest @theranchmalibu with my BFF @kellysawyer ❤️,” the L.A.’s Finest star wrote in the caption. “We went on all the hikes, ate bomb vegan food, got our fitness on and are now ready to plunge back to reality with new healthy habits and tips on how to incorporate wellness into our day to day.”

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    Jessica noted that because of the hikes and vegan diet, she had some pretty noticeable health changes, pretty quickly.

    “Thanks to @theranchmalibu I slept 8 hours a night, lowered my cholesterol, increased my lean muscle mass and feel rejuvenated and ready to take on the rest of this year with a healthier and happier mindset,” she wrote.

    Jess’s lowered cholesterol is indeed a benefit from eating a plant-based diet, according to the Mayo Clinic. This is also because vegan food naturally doesn’t contain any cholesterol. (FYI: Your liver makes all the cholesterol you need, per the American Heart Association. The rest of the cholesterol in your body comes from foods derived from animals and is called “dietary cholesterol.”) And as for the other health benefits Jess experienced post-retreat, the results will likely vary person to person.

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    It certainly helps that Jessica is always trying out new workouts and foods to keep her body healthy and in great shape. Whether she’s dancing it out on TikTok with her daughters or getting in a tough resistance band workout, she’s always trying something new. Jessica told People that she does try to exercise in the a.m. and steer clear of processed foods—but she also gives herself a break if she feels like it. “I don’t deprive myself,” she told the publication. “I have [junk] if I want it. When I do feel that I am depriving myself, I find that I binge. That’s not a balanced way