Frozen food market in Australia

Date: 2013/10/22
Subject: <a href="/en/news/sectoral_intelligence?news_search_form%5Bsubject_ids%5D%5B%5D=427#results">Figures, economy
Themes: Freezing of foodstuffs ; <a href="/en/search/Refrigeration%20and%20perishable%20products:%20economics%20and%20statistics">Refrigeration and perishable products: economics and statistics
Keywords: N/A

The frozen food market consists of the retail sale of frozen fish, seafood, meat products, potato products, vegetables, fruit, pizza, ready meals, bakery products and desserts. The market is valued according to retail selling prices (RSP) and includes all applicable taxes. Any currency conversions used in the creation have been calculated using 2012 constant annual average exchange rates. According to a new market research report proposed by ReportLinker, the Australian frozen food market had total revenues of USD 2,922.5 million in 2012, representing a compound annual growth rate (CAGR) of 3.4% between 2008 and 2012. Market consumption volumes increased with a CAGR of 2.3% between 2008 and 2012, to reach a total of 384.1 million kg in 2012. The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.8% for the 2012 - 2017 five-year period, which is expected to drive the market to a value of USD 3,353.6m by the end of 2017.