Market Share of Asia Pacific Frozen Snacks Industry
The market is highly fragmented with the presence of multiple regional and international players offering a wide range of frozen snacks in the market. A few of the major players include McCain Foods Limited, Nestle SA, Conagra Brands, Ajinomoto Co Inc, and Tyson Foods, among others. These players focus to leverage opportunities posed by emerging markets to expand their product portfolio and distribution network so that they can cater to the consumer demand for various product segments. For instance, in December 2021, ITC India's brand Master Chef announced a strategic partnership with Havmor ice cream owned by Lotte Group, to enhance distribution reach across the country. Further, key brands are investing in innovative packaging formats and advanced freezing technologies to enhance product appeal.
APAC Frozen Snacks Market Leaders
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McCain Foods Limited
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Conagra Brands
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Tyson Foods
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Nestle SA
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Ajinomoto Inc
*Disclaimer: Major Players sorted in no particular order
