Virtually all American households purchase frozen food at least once a year, but without resilient cold storage supply chain infrastructure, the growth and safety of the massive $265 billion global frozen food market may be put at risk.
In 2022, frozen food sales in the U.S. reached more than $72 billion, according to the American Frozen Food Institute.
During the coronavirus lockdowns in 2020, frozen food sales reached more than $65 billion, according to the institute.
Approximately 13% of all food produced globally is lost due to poor cold storage supply chains every year, according to a study from Columbia University's Climate School.
Watch the video above to learn more about the influence of frozen food, the global cold storage supply chain infrastructure, what it takes to freeze food products and what's next for this growing section of the grocery store.
Persons:
Brian Choi, Alison Bodor, Sonia Punwani, Tony Atti, Jeff Rivera
Organizations:
The Food Institute, CNBC, Food Institute, Cargill Protein North, Columbia University's Climate, Logistics
Locations:
U.S, Columbia, Michigan