The Global Market for Frozen Foods is Growing Exponentially

The Global Market for Frozen Foods is Growing Exponentially was originally seen on https://www.freezedrymeal.com/

If there is one thing that is for sure, it is that healthy frozen meals have become quite common these days. In fact, ever since nutritionist declared these foods as healthy, just like fresh vegetables, many people treat them as the best option when they have less time to cook.

According to a report published on the Caterer, the frozen food is worth more than 8.6 billion dollars and the value only continues to increase.

Growth of frozen food sector shows no sign of slowing

John Hyman, chief executive of British Frozen Food Federation said: “We believe that frozen food is well set for future growth and with current economic trends, the position of frozen food is stronger than it’s ever been. As consumer demands are becoming more complex and far reaching, frozen food is ideally placed to inspire consumers with innovation in premiumisation and natural health, technology enabling further convenience and as a solution to food waste.”

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That’s a 4% increase in growth in 2018 alone. We expect the growth to increase this year. By 2025, the frozen foods market will have grown exponentially.

An article published on Entrepreneur by Mithun Appaiah shows that people love frozen foods because they are convenient.

What's Driving the Growth of APAC's Frozen Food Market?

According to a study by RBC Capital Markets, sales volumes for frozen have grown for the first time in five years. And millennials are largely responsible for this, spending nine per cent more per shopping trip for frozen foods last year than other groups, according to Reuters. One of the biggest reasons why millennials have taken to frozen food is because they don’t have time to make a full meal with fresh meat and produce.

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This argument holds true because so many of us do not have enough time to make meals at home due to daily hectic schedule.

According to Business Wire, the ready-to-eat food segment is likely to be the fastest growing division of frozen foods.

The ready-to-eat segment to be the fastest-growing segment of the frozen food market

Based on type, the ready-to-eat segment is projected to be the fastest-growing during the forecast period. Ready-to-eat frozen foods are those products that are fully cooked and can be eaten directly. For instance, ice cream and frozen yogurt are some of the products that have been included in this segment.

Ready-to-eat frozen foods are majorly used in dessert applications, as they are easy to consume. The ice cream segment of this market has been extremely dominant and has been growing steadily due to the increasing adoption of low-calorie ice creams. Frozen yogurt is also increasing the growth of this segment in the frozen food market, as it is considered a healthy dessert.

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This, again, is due to the convenience that the food offers to people that don’t have enough time to make meals at home.

Conclusion

It is important to note that frozen foods are as healthy and nutritious as fresh produce. So they are fine to eat as long as they don’t exceed their shelf life.

Three Healthy Eating Habits You Probably Do Not Know

The following blog post Three Healthy Eating Habits You Probably Do Not Know Read more on: https://freezedrymeal.com

What first comes to your mind when someone mentions the term healthy foods? It is highly likely that you think about a well-balanced diet, which consists of the most recommended food groups. That’s definitely a good thing. Besides eating a healthy diet, there are healthy eating habits that are important to observe.

According to Marrisa Laliberte from RD, you need to stop buying frozen cooked brown rice and instead cook it at home.

Rice

“I can’t understand why people would spend money buying frozen cooked brown rice—it’s so costly when compared to what it costs to cook it yourself,” says Bowerman. Keep it cheap by cooking a big batch of rice when you’re not in the dinner rush, then pop it into freezer bags so it’s ready when you need it, she suggests. Time and money saved!

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The best thing about cooking from home is that it is cheap and does not take up much of your time to get the rice ready.

An article published on Express by Katrina Turrill advice that one should be careful about how much salt they eat every single day.

Heart attack: Three foods you must limit in your diet to avoid the deadly condition

Eating too much salt, also known as sodium, may raise your blood pressure, and having high blood pressure increases your risk of developing coronary heart disease. It explains: “Although reducing the amount of salt you add to food at the table or while cooking is a good first step, much of the salt you eat comes from canned or processed foods, such as soups, baked goods and frozen dinners.

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You cannot eat too much salt and claim that you are eating healthy. So it is best to have limits when it comes to how much salt you consume every single day.

According to Shelby Slauer, an author from this is Insider, it is not a good idea to eat food from one food group.

You shouldn't have a meal from just one food group

Most of the time, we don't even think about whether what we're eating has enough combinations of food groups in it. "When it comes to eating, the best way to eat something like lunch is to have the trifecta of protein, carbs, and fat. You don't want just a giant bowl of pasta with sauce, or you'll feel like laying on your desk by 3 p.m. Combinations are really important," she added.

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You need to make sure that the food you eat has a combination of different food groups because that is what makes a healthy meal.

Conclusion

If you pay attention to these healthy eating habits, you will never worry about whether you are eating right or not.

 

Tyson Foods Recalls Chicken Nuggets after Consumers Complain of Contamination

Tyson Foods Recalls Chicken Nuggets after Consumers Complain of Contamination was originally published to www.freezedrymeal.com

It’s a fact. Everyone loves to eat their favorite healthy foods, especially when it is chicken nuggets we are talking about. And if you could eat your share of the chicken every single day, you definitely would. But you might have to think twice about Tyson Chicken nuggets for now if you are a fan of them.

A report published on Consumer Report by Jesse Hirsch shows that the move to recall the chicken nuggets was because of complaint from a number of consumers.

Tyson Recalls 36,000 Pounds of Chicken Nuggets

Major meat producer Tyson Foods voluntarily recalled 5-lb. bags of its fully cooked frozen White Meat Panko Chicken Nuggets, marked with a “best if used by” date of November 26, 2019 and Establishment Code of P13556 (see image below).

Multiple consumers reported finding rubber pieces in the nuggets, though no adverse reactions have been reported. The products arrived in stores at the end of November 2018 and were distributed to retailers in Arizona, California, Illinois, New Jersey, and Utah.

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A number of consumers said that they had found pieces of rubber in the nuggets, which means they are not safe to eat.

According to Maura Hohman from the People, the total weight of the recalled chicken nuggets is around 36,420 lbs.

Tyson Foods Recalls 36,000 Lbs. of Chicken Nuggets Due to Possible Rubber Contamination

Tyson Foods has recalled an estimated 36,420 lbs. of chicken nuggets because they may have been contaminated with “foreign materials,” including rubber, according to the U.S. Department of Agriculture. According to the USDA, the chicken nuggets were packaged on Nov. 26, 2018 and sold nationwide.

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According to the findings by Food Safety and Inspection Service, the Nuggets had more than just rubber. The inspection revealed that they had additional extraneous materials in them.

A report published by WebMD shows the actual dates when the chicken nuggets were released to the market for sale.

Tyson Foods Recalls Chicken Nuggets

The recalled 5-pound plastic packages of "Tyson White Meat Panko Chicken Nuggets," were produced on November 26, 2018. They have a use-by date of November 26, 2019, a case code "3308SDL03" on the label, and the establishment number "P-13556" inside the USDA mark of inspection, according to the US Department of Agriculture's Food Safety and Inspection Service (FSIS), CNN reported.

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The report also shows the expiry date of the food pack as well as the code that you can use to easily identify the tons of nuggets that were recalled.

Conclusion

As usual, if you have the Tyson chicken nuggets packed in the freezer, it is best to throw them away as they aren’t considered healthy at the moment. As the saying goes, it is better to be safe than sorry.

Sysco Corporation Buys Waugh Foods Inc.

The article Sysco Corporation Buys Waugh Foods Inc. was first published to Freeze Dry Meal's Blog

Waugh Foods has been in the food distribution business for a very long time. In fact, the company had already celebrated its 70th anniversary by the end of 2018. Today, Waugh Foods Inc. is one of the most successful distributors of healthy foods in the market today.

According to Week, this food company was founded in 1948 and it has a very rich history from its very humble beginnings.

East Peoria’s Waugh Foods to be sold to Texas company

“Waugh Foods has a long, rich history in the Central Illinois area, which includes strong relationships with local independent operators,” said Greg Bertrand, executive vice president, U.S. foodservice operations of Sysco. “We are excited to welcome Waugh into the Sysco family and believe this acquisition is a perfect complement to our existing local and regional presence.”

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Part of why it is such a successful business is the strong relationship that it has built with local independent operators over the years.

According to Claudia Assis from Market Watch, Waugh Food Inc. has been acquired by Sysco Corporation after being in business for 70 years.

Sysco to buy regional food distributor Waugh Foods

Sysco Corp. SYY, +0.40% said late Monday it has agreed to buy Waugh Foods Inc. for an undisclosed amount. East Peoria, Ill.-based Waugh, a food distributor, has about $40 million a year in sales, Sysco said. Waugh Foods executives will continue to manage the business, Sysco said.

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The report also shows that Waugh Foods Inc. has had a good sales trend in the last couple of years, doing an average of $40 Million in annual sales.

According to a report published by Food Bev, Sysco now operates more than 300 distribution facilities with so many customer locations.

Sysco buys Waugh Foods to grow foodservice distribution business

“We are excited to welcome Waugh into the Sysco family and believe this acquisition is a perfect complement to our existing local and regional presence.”The deal follows on from Sysco’s acquisitions last year of UK-based frozen food distributor Kent Frozen Foods and Louisiana-based Doerle Food Services.

Headquartered in Houston, Texas, Sysco operates approximately 330 distribution facilities worldwide and serves more than 600,000 customer locations. For the 12 months to 30 June 2018, the company generated sales of more than $58 billion.

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According to an estimate of the income report given on the article, Sysco has made more than $58 Billion in annual sales in 2018 alone.

Conclusion

We do not know how much Sysco Corporation paid out to acquire Waugh Foods. According to Market Watch, the amount wasn’t disclosed.

 

Demand for Frozen Food May Lead to an Exponential Growth of the Frozen Meal Industry

Demand for Frozen Food May Lead to an Exponential Growth of the Frozen Meal Industry is available on Freeze Dry Meals

By now, you already know that frozen meals are healthy, just like fresh vegetables. Even more interesting is the fact that frozen meals are becoming quite popular because they are readily available, takes less time to cook, and doesn’t require many ingredients to prepare. Hence, this explains why they are quite common.

A press release published on Open PR by Report Monitor shows that frozen foods are preserved in a way we would consider healthy until the time of consumption.

Frozen Food Market analysis report- with Leading players and Major Types: Frozen Ready-To-Eat Meals, Frozen Meat and Poultry, Frozen Fish and Seafood

Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing).

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Due to the preservation methods used, frozen meals can remain healthy for a very long time before going bad.

According to a report put together by the Honest Fact, the growth of the frozen food market is expected to go up by at least 4.8% by 2023.

Frozen Food Packaging Market 2018 Overview, Revenue, Demand, Opportunities, Growth – Worldwide Analysis

Frozen Food Packaging market report offers a complete analysis of different type, application and also wide analysis is showed by key product positioning and monitoring the key players within the market framework. Global Frozen Food Packaging market is estimated to reach at CAGR of 4.8% between 2018 and 2023.

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One of the reasons for growth is the growing demand for such foods, especially in the age of urbanization.

Another report from the DOS DIGITOS also confirms that the growing demand for healthy frozen meals will spear market expansion for the industry.

FROZEN FOOD MARKET 2017 – 2021: ANALYSIS, TRENDS, KEY PLAYERS, PRODUCT AND PRODUCTION INFORMATION ANALYSIS

With the increasing hectic schedules of consumers and the subsequent demand for quick meals, the popularity of convenience food products is increasing. Improving living standards, growth of urban settlements, and growing working women population is also adding to this new trend in the global frozen food market.

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Given the fact that these meals are healthy like fresh produce, their demand will continue to increase, even beyond 2023.

Conclusion

In closing, the report shows that the increase in the number of working families (both men and women) highly contributes to the demand of frozen foods, hence the growth.

South Korea CJ Buy Schwan’s Frozen Food for $1.84 Billion

The following blog post South Korea CJ Buy Schwan’s Frozen Food for $1.84 Billion is courtesy of The Freeze Dry Meal Blog

CJ is one of the most successful food companies in South Korea. In fact, it is known as food giant that deals in healthy frozen foods. CJ does have a very big market, as of this writing. In fact, the company not only does business in South Korea but also has a branch in the United States.

According to a post published on Reuter, the company has acquired Schwan’s, one of the biggest frozen food companies in the United States.

South Korean food giant CJ buy U.S. frozen food company for $1.84 billion

South Korea’s CJ CheilJedang Corp (097950.KS) said on Thursday it bought privately held U.S. frozen foods firm Schwan’s Co for $1.84 billion, the South Korean food-to-entertainment conglomerate’s biggest-ever acquisition.

The acquisition builds on CJ’s push into the United States. The firm in August bought Ohio-based Kahiki Foods, a supplier of frozen Asian meals to stores including Walmart Inc (WMT.N).

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South Korea CJ acquired the company by paying $1.84 Billion in cash as per the agreement of the business transaction.

According to Brittany Shoot from Fortune, South Korea CJ’s acquisition of the leading frozen pizza company will expand CJ’s business beyond South Korea.

Schwan's Is Selling a Billion-Dollar Stake to South Korea's Largest Food Manufacturer

Schwan’s Co, the Minnesota-based food distributor, is selling a $1.8 billion stake to South Korean’s largest food manufacturer, according to the Associated Press.

CJ CheilJedang is spending over a billion dollars on an 80% stake in Schwan’s, known for its iconic yellow-gold home delivery trucks.

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In fact, Schwan’s will make it easy for CJ to bring more Koran food products to the United States of America.

According to a post published on Nakkei, the acquisition of 80% stake is the biggest deal ever by a South Korean Company.

South Korean food giant CJ buy US frozen food company for $1.84 bln

CJ's shares rose 4 percent after the news. The broader market was flat. This buyout is among the biggest outbound deals in recent years by a South Korean company, following Samsung Electronics' $8 billion purchase of U.S. car tech company Harman and LG Electronics' $1 billion takeover of an Austrian auto light maker.

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After all, Schwan’s is a bigger company, a business that scoops an annual revenue of $3 billion every year in the frozen pizza market.

Conclusion

At the time of this writing, Schwan’s has been rated as the second largest company with the biggest frozen pizza market share. It currently has 12,000 employees.

Frozen Food Company Yearsley Logistic Acquired by Lineage Logistics Holdings

Frozen Food Company Yearsley Logistic Acquired by Lineage Logistics Holdings Read more on: The Freeze Dry Meal Blog

Yearlsy Logistics has been in the frozen foods industry for a very long time already. According to different news reports, the company has been a leading frozen foods distributor for 66 years. After all these years in business, Yearsley has been acquired by Lineage Logistics Holdings.

A report published on OAOA by an associated press show that Yearsley has demonstrated the best business practices over the years, which explains why it has a strong consumer base.

US-Based Lineage Logistics Acquires UK Cold Storage, Frozen Food and Logistics Service Provider Yearsley Group

Yearsley has demonstrated a strong commitment to developing longstanding, bespoke customer relationships that is consistent with how we do business at Lineage. Bringing Yearsley into the Lineage family enables us to better serve customers in the UK market and further reinforces our international logistics capabilities,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage Logistics.

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The same report shows that Lineage Logistics Holding will continue to provide the best customer service and grow the international workforce.

According to Shelina Begum, an author on Manchester Evening News, Yearsley Logistics has multiple business resources that easily and efficiently fuel the company’s operations.

Frozen food haulier Yearsley sold to US giant

Yearsley, which was established 66-years ago, operates a network of 12 cold stores nationwide with over 300 vehicles. Also included in the transaction is Yearsley Food, a national frozen food supplier that supports customers across retail, food service, food manufacturing and export channels.

Jonathan Boyers, head of M&A at KPMG, said: “This is a landmark transaction for the logistics and frozen food sectors, both of which are currently seeing elevated levels of M&A activity, and is a great example of the continuing global interest being shown in high-quality British businesses from overseas investors, despite the uncertainties posed by Brexit.

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The former management of the company says that they hope the company will continue to grow under the new management of Lineage Logistic Holdings.

According to Matthew Ord, a digital staff writer at Insider Media, Yearsley operates in different regions and the new acquisition will see to it that these regions are well served.

FROZEN FOOD DISTRIBUTOR BOUGHT IN ‘LANDMARK’ DEAL

"Bringing Yearsley into the Lineage family enables us to better serve customers in the UK market and further reinforces our international logistics capabilities."

Yearsley has operations in Belle Eau Park, Bellshill, Bristol, Coleshill, Gillingham, Grimsby, Hams Hall, Holmewood, Peterborough, Seaham and Wisbech.

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And with the Lineage Logistics Holdings well known for serving big as well as small businesses in the most efficient way possible, Yearsley is definitely expected to grow.

Conclusion

Based on a number of reports on this acquisition, Yearsley did not reveal how much the business deal was.