Multinational food and beverage company Nestle announced this week it is exploring options to sell off its subsidiary Davigel—provider of branded frozen and chilled food products, ice-cream and solutions for out of home in Europe as part of its on-going portfolio review.
In May 2014, the American Frozen Food Institute (AFFI), McLean, Va., launched a national effort to encourage consumers to take a fresh look at frozen foods.
More than 1,300 leaders representing the frozen food and beverage industry gathered in Anaheim, California this week for the 2015 American Frozen Food Institute’s (AFFI) Frozen Food Convention (AFFI-CON) where they networked and attended education sessions on key topics affecting the industry.
The global frozen food market, valued at $122.1 billion in 2013, is projected to grow at a compound annual growth rate of 3.6 percent from 2014 to 2020, reaching an estimated $156.4 billion by 2020, according to a new report from Persistence Market Research.
The American Frozen Food Institute is hoping to change the way consumers think about frozen foods when they head to the shelves by launching the “Frozen. How fresh stays fresh” campaign.