Report Overview:
Frozen food refers to various food products that are processed and subjected to rapid freezing for later use. They are stored in freezers and preserved at acute low temperatures to extend their shelf life and retain nutrients and flavors. Some of the common frozen food includes frozen meat, frozen fruits, frozen vegetables, ready-to-eat (RTE) meals, seafood, frozen snacks, and frozen desserts. They offer high palatability, easy storage, enhanced convenience, and reduced cooking time compared to traditional home-cooked foods. They also help minimize food wastage as individuals only use the required quantity. Nowadays, manufacturers are offering frozen food in a wide variety of seasonal products throughout the year, regardless of their natural availability.
The global frozen food market is primarily driven by the escalating consumer demand for RTE and convenience foods. Additionally, due to the expanding working population, hectic schedules, and busy lifestyles, consumers are rapidly shifting toward food products that offer easy and quick preparation with minimal cooking. In line with this, the growing awareness regarding the high nutritional content and extended shelf life of frozen food has augmented the product demand. Furthermore, the rising adoption of frozen food among hotels, cafes, and restaurants to reduce cooking time and eliminate the need for washing, peeling, or chopping has catalyzed market growth. Besides this, the increasing usage of innovative packaging solutions and aggressive promotional activities by the leading market players have accelerated the product adoption rate. Other factors, including significant growth in the food and beverage industry, rising penetration of online food retail platforms, improving cold chain infrastructure, product innovations, and technological advancements, are also anticipated to drive the market further.
The report provides a techno-commercial roadmap for setting up a frozen food manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the frozen food industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the frozen food industry.
The project report covers the following aspects of the frozen food market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Frozen Food Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Raw Material Price Trends
4.7.2 Frozen Food Price Trends
4.7.3 Product Margins
5 Frozen Food Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Frozen Food Market: Major Drivers and Challenges
Figure 2: Global: Frozen Food Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Frozen Food Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Frozen Food Market: Breakup by Segment (in %), 2021
Figure 5: Global: Frozen Food Market: Breakup by Region (in %), 2021
Figure 6: Frozen Food Raw Materials: Price Trends, 2016 & 2021
Figure 7: Frozen Food: Price Trends, 2016 & 2021
Figure 8: Frozen Food: Margins Across Various Stages of the Supply Chain
Figure 9: Frozen Food Manufacturing Plant: Breakup of Costs
Figure 10: Frozen Food Price Structure
Figure 11: Frozen Food: Manufacturing Process Flow
Figure 12: Frozen Food: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Frozen Food Manufacturing Plant Layout
List of Tables
Table 1: Frozen Food Manufacturing Plant: Raw Material Requirements
Table 2: Frozen Food Manufacturing Plant: Project Planning
Table 3: Frozen Food Manufacturing Plant: Phasing of Development
Table 4: Frozen Food Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Frozen Food Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Frozen Food Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Frozen Food Manufacturing Plant: Costs Related to Machinery
Table 8: Frozen Food Manufacturing Plant: List of Machinery Suppliers
Table 9: Frozen Food Manufacturing Plant: Costs Related to Raw Materials
Table 10: Frozen Food Manufacturing Plant: List of Raw Material Suppliers
Table 11: Frozen Food Manufacturing Plant: Costs Related to Packaging
Table 12: Frozen Food Manufacturing Plant: Costs Related to Utilities
Table 13: Frozen Food Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Frozen Food Manufacturing Plant: Capital Costs
Table 15: Frozen Food Manufacturing Plant: Operating Costs
Table 16: Frozen Food Manufacturing Plant: Taxation
Table 17: Frozen Food Manufacturing Plant: Depreciation
Table 18: Frozen Food Manufacturing Plant: Income Projections
Table 19: Frozen Food Manufacturing Plant: Expenditure Projections
Table 20: Frozen Food Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Frozen Food Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Frozen Food Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Frozen Food Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Frozen Food Manufacturing Plant: Profit and Loss Account
Table 25: Frozen Food Manufacturing Plant: Discount Factor Rate
Table 26: Frozen Food Manufacturing Plant: Sensitivity Analysis
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