Increasing Launches of New Frozen Snacks to Reflect Positively on North American Frozen Snacks Market

North American frozen snacks market is estimated to grow at a CAGR of 6.2% during the forecast period. A significant rise in the launches of new frozen snacks is supporting to drive market growth. For instance, in November 2019, Athens Foods declared the launch of all-new gluten-free frozen phyllo bites that are available in selected grocery stores across the US. This new range of snacks brings classic Greek dough to an entirely new line of snacks for people having a gluten allergy, sensitivity, or preference. Phyllo bites are produced from delicate, crispy layers of phyllo wrapped with three savory fillings, including steak fiesta, spinach and cheese, and buffalo-style chicken.

Browse the full report description North American Frozen Snacks Market Size, Share & Trends Analysis Report, By Product (Pizza, Potato Fries, Puffs, Meat Snacks, and Others), By Distribution Channel (Retail and Food Service Chain) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/north-american-frozen-snacks-market

These bites are easy to indulge and quick to prepare and increase any occasion with a mouth-watering and tantalizing crisp flavor. Additionally, in September 2020, American Flatbread launched a new line of gourmet meatless, plant-based pizzas. The line comprises vegan and vegetarian options and is powered by pea protein and offers a healthy serving of both fiber and protein to the consumers. The increasing availability of a new range of innovative frozen snacks is driving consumers’ attention towards these snacks, which is further accelerating the market growth.

Scope of the North American Frozen Snacks Market

Market Coverage

• The market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product and Distribution Channel
• Countries Covered- US and Canada
• Competitive Landscape- General Mills Inc., Nestlé S.A., CJ CheilJedang Corp., and Tyson Foods, Inc.

Recent Strategic Initiatives in the North American Frozen Snacks Market

• In August 2020, General Mills Inc. plans to leverage production of its Totino's series of pizza snacks with the expansion to its plant in Wellston, Ohio, US. This will enable the company to meet the increased demand for frozen pizzas in the country.
• In February 2019, B&G Foods, Inc. acquired Farmwise LLC, a manufacturer of frozen veggie snacks, including Veggie Fries, Veggie Tots, and Veggie Rings. This will enable B&G Foods to expand its frozen snacks offerings, which in turn, is expected to drive its market share.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

North American Frozen Snacks Market-Segmentation

By Product

• Pizza
• Potato Fries
• Puffs
• Meat Snacks
• Others

By Distribution Channel

• Retail
• Food Service Chain

North American Frozen Snacks Market– Segment by Country

• US
• Canada