Emerging Demand for Frozen Food Accelerates North American Frozen Pizza Market
Published: Nov 2020
North American frozen pizza market is estimated to grow at a CAGR of 5.8% during the forecast period. There is an emerging demand for frozen food in the region, owing to the long shelf-life and time-saving. As per the American Frozen Food Institute (AFFI), during the period, March to mid-April 2020, in the US, 86% of consumers had bought frozen food, of these 7% were new buyers of frozen food, who rarely or never purchased frozen food items before.
Expansion of Food Service Chains to Accelerate Indian Frozen Pizza Market
Published: Nov 2020
Indian frozen pizza market is estimated to grow at a CAGR of 7.5% during the forecast period. The expansion of food service chains is supporting to drive the consumption of frozen pizza in the country. Domino's Pizza has more than 1,250 stores present in all over India. Further, in November 2018, Pizza Hut India declared plans to open more than 200 more outlets in the country by 2022, which aims to widen its footprint in the country.
Emerging Demand for Plant-Based Frozen Pizzas to Drive the European Frozen Pizza Market
Published: Nov 2020
European frozen pizza market is estimated to grow at a CAGR of 6.4% during the forecast period. Rising demand for plant-based frozen pizza is supporting to drive the market growth. Plant-based pizza has been gaining significance owing to the increasing shift towards a healthy lifestyle in the region. Vegan pizza produced from plant-based ingredients only is lighter in calories and can skip saturated fat.
Rising Urbanization is Driving Asia-Pacific Frozen Pizza Market
Published: Nov 2020
Asia-Pacific frozen pizza market is estimated to grow at a CAGR of 6.8% during the forecast period. Rising urbanization is one of the pivotal factors encouraging market growth. As per the United Nations (UN), in 2018, 54% of the global urban population resides in Asia, followed by Europe and Africa with 13% each. In 2018, the level of urbanization in Asia was nearly 50%.
Rising Urbanization and Disposable Income to Drive the Global Frozen Pizza Market
Published: Nov 2020
The global frozen pizza market is estimated to grow at a CAGR of 6.1% during the forecast period. There is increasing urbanization across the globe, which is leading to the adoption of the western diet and lifestyle. As per the United Nations (UN), 55% of the global population resides in urban areas, which is expected to reach 68% by 2050. Asia consists of 54% of the global urban population, which is followed by Europe and Africa with 13% each.
Significant Launches of Innovative Air Coolers to Reflect Positively on the Global Air Coolers Market
Published: Nov 2020
The global air coolers market is estimated to grow at a CAGR of 10.5% during the forecast period. Significant launches of innovative air coolers are one of the crucial factors accelerating market growth. Several companies such as Symphony Ltd., Orient Electric, Bajaj Electric, and more are focusing on expanding their range of air coolers to gain consumers’ attention and thereby increase market share.
Increasing Digital Media Consumption to Thrust the Online Entertainment Industry in the US
Published: Nov 2020
The US online entertainment is estimated to exhibit a swift CAGR of 14.7% during the forecast period (2020-2026). A major shift in the US entertainment industry has been multi-channel delivery and the increase in content consumption on digital devices such as game consoles, streaming devices, connected television, and mobile devices.
Increasing Influence of Digital Media to Inspire the Online Entertainment Industry in North America
Published: Nov 2020
The North American online entertainment market is estimated to display a strong CAGR of 14.2% during the forecast period (2020-2026). The online entertainment sector in the North American region is estimated to be the largest across the globe. In North America, OTT (Over-the-top) has become the key driver for video and media consumption growth, with an increasing number of people consuming over the top (OTT) content through varied platforms.
Expansion of Local Entertainment Services Coupled with Increasing Investment from International OTTs to Thrust the Market Growth in India
Published: Nov 2020
The Indian online entertainment market is expected to exhibit a rapid CAGR of 19.5% during the forecast period (2020-2026). Indian online entertainment space is hyper-competitive and has attracted varying types of players which offer varied value propositions to the consumers and have different business models. All large successful broadcasters in India have launched their own OTT (Over-the-top) platforms including Hotstar, Voot, Sony Liv, and Zee 5.
Rising Disposable Income and Changing Consumers’ Shopping Behaviour to Play an Active Role in the European Online Entertainment Market
Published: Nov 2020
The European online entertainment market is estimated to record a healthy CAGR of 12.5% during the forecast period (2020-2026). The sector is growing fast and the number of on-demand audio-visual services available in Europe is rising, driven by rapid consumer adoption and made possible by technological innovations and a shift in consumption habits. The rising importance of on-demand services in the media ecosystem is introducing a shift towards an attention economy.