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Cambodia Frozen Food Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Cambodia

The “Cambodia Frozen Food Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Cambodia Frozen Food Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Cambodia Frozen Food market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Cambodia Frozen Food Market Are:

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

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    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.

    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.

    Cambodia Frozen Food Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Cambodia Frozen Food market?
    • What are the key market trends impacting the growth of the global Cambodia Frozen Food market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Cambodia Frozen Food market?
    • What are the market opportunities and threats faced by the vendors in the global Cambodia Frozen Food market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Cambodia Frozen Food market?

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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.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Cambodia Frozen Food Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Cambodia Frozen Food .

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    Report Objectives:

    • Analyzing the size of the Cambodia Frozen Food market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Cambodia Frozen Food market.
    • Determining the key dynamics of the Cambodia Frozen Food market.
    • Highlighting significant trends of the Cambodia Frozen Food market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Cambodia Frozen Food market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Cambodia Frozen Food market.

    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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