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Cambodia Frozen Food Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Cambodia

The “Cambodia Frozen Food Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Cambodia Frozen Food market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Cambodia Frozen Food market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The Cambodia frozen food market is forecasted to reach USD 119.56 million by 2024 growing at a CAGR of 3.9% during the forecast period (2019 – 2024). High influence of Western food and increasing tourism are the prime factors for the growth of the market studied. Recently, the Cambodian population have adopted the trend of mini-meals, which has, since long, been a part of the western culture. Increasing expat population and tourists are the target consumers for frozen food in the country. Southeast Asian countries by large, are tailed by concerns related to food safety. Frozen foods are deemed to be safe and as a result of which the demand for it in Cambodia has risen.

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    In Cambodia Frozen Food Market Report, Following Companies Are Covered:

  • Dirafrost
  • Les Vergers Boiron
  • AJINOMOTO CO.,INC.
  • LSH Cambodia
  • Karem Ice Cream

    Cambodia Frozen Food Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • The scope of the market studied includes frozen foods such as meat and sea food, dessert, fruit and vegetable and ready meal. Frozen desserts include mousse, ice-creams, frozen cakes, frozen yogurt, sherbet, and frozen novelties. Frozen desserts are offered in the wide variety of shape, size, colors, and packaging by the manufacturers. Products, such as ice-creams and frozen yogurts, are highly demanded frozen desserts. By distribution channel, it is segmented as hypermarket/supermarket, traditional grocery store, online channel and others.

    Reasons for Buying Cambodia Frozen Food Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Influence of Westernization on Diet and Healthy Tourism

    A shift from the Southeast Asian cultural tradition of eating many times a day (four or five times a day, but in relatively small quantities) to the norm of most developed countries of three meals a day is being widely noticed. The trend also includes increased purchase of ready-to-eat, cooked foods, and the consumption of frozen food products. Fast adoption of western diet trends have led to a hike in the retail sales in packaged food industry, especially frozen and chilled food. Consumers in Cambodia displayed higher demand for frozen desserts, frozen potatoes, and frozen ready meals. Some importers in Cambodia specialize in servicing the hotel restaurant and institution (HRI) trade and have the appropriate frozen and chilled storage and distribution infrastructure. Most of the modern food retailers, such as DFI Lucky and Thai Huot, also service the HRI trade through their retail stores or wholesale operations.

    Frozen Seafood Occupying the Major Share

    Frozen seafood occupies the major share in the frozen food product category in the Cambodia market. Frozen seafood manufacturers find it difficult to compete on the prices with the traders in the native market. The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) teamed up in 2016 to increase the export of four seafood products adhering to the international standards. Fish sauce, frozen shrimp, dried shrimp, and crab meat form the major exports of the seafood in the country. Due to the hectic lifestyles, changing taste and preferences of the consumers’ frozen foods are gaining popularity in the country, owing to the increased shelf life of these products.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Cambodia Frozen Food create from those of established entities?

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    Detailed TOC of Cambodia Frozen Food Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Frozen Meat and Seafood
    5.1.2 Frozen Dessert
    5.1.3 Frozen Fruit and Vegetable
    5.1.4 Frozen Ready Meal
    5.1.5 Others
    5.2 By Distribution Channel
    5.2.1 Hypermarket/Supermarket
    5.2.2 Traditional Grocery Store
    5.2.3 Online Channel
    5.2.4 Others

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Dirafrost
    6.1.2 Les Vergers Boiron
    6.1.3 AJINOMOTO CO.,INC.
    6.1.4 LSH Cambodia
    6.1.5 Karem Ice Cream

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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