The global frozen food market is expected to undergo robust CAGR during the forecast period owing to the growing demand for frozen food which needs least preparation and cooking time. Most of these frozen foods have higher shelf-life which serves as another factor for the growth of this market. Moreover, the hectic and busy life of consumers across the globe has changed their dietary preferences. This has led to surge in demand for frozen food and in the coming years it will act as a major growth factor for frozen food industry.
Manufacturers are introducing all kinds of frozen items such as frozen potatoes, frozen meat & fish products and frozen ready-to-eat meals which is further expected to support frozen food market in the coming years. Also, the sudden breakout of COVID-19 has led to surge in demand for frozen foods as people cannot go out frequently to buy fruits and vegetables. Frozen food has the property of keeping nutrients intact for a long time and this serves as a major selling factor.
Global frozen food market can be segmented based on
Regionally, Europe h
Major companies operating in the global frozen food market include Aryzta A.G., General Mills Incorporation, Kraft foods Group Inc., Ajinomoto Co. Inc., Cargill Incorporated, EUROPASTRY S.A., JBS S.A., Nestle S.A., Kellogg Company and Flower Foods, among others. The key growth strategy taken by frozen food companies are merger and acquisitions. They are focusing on launching different variants of product to enhance their product portfolio.
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Objective of the Study
- To analyse and forecast the market size of global frozen food market.
- To forecast global frozen food market based on product, type, enduser, distribution channel, company and regionaldistribution.
- To identify drivers and challenges for global frozen food market.
- To examine competitive developments such as expansions, new productlaunches, mergers & acquisitions etc. in global frozen food market.
- To identify and analyse the profile of leading players operating in theglobal frozen food market.
marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of frozen food manufacturing companies across the globe. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research could include the vendors which could not be identified due to the limitations of secondary research.
marketinsights Research calculated global frozen food market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. marketinsights Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by marketinsights Research.
Key Target Audience
- Frozen food manufacturingcompanies/partners
- Suppliers/Distributers
- End-Users
- Government bodiessuch as regulating authorities and policy makers
- Organizations, industryassociations, forums and alliances related to frozen food market
- Market researchand consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as frozen food manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product· Type· End User· Distribution Channel |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
| Key Companies Profiled | Aryzta A.G., General Mills Incorporation, Kraft foods Group Inc., Ajinomoto Co. Inc., Cargill Incorporated, EUROPASTRY S.A., JBS S.A., Nestle S.A., Kellogg Company and Flower Foods. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, global frozen food market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Global Frozen Food Market, By Product
- Frozen Fruits
- Frozen Vegetables
- Dairy Products
- Frozen Soup
- Frozen Meat & Seafood
- Frozen Convenience Food & Ready Meal
- Others
- Global Frozen Food Market, By Type
- Raw Material
- Half Cooked
- Ready-to-eat
- Global Frozen Food Market, By End User
- Food Service Industry
- Retail Customers
- Global Frozen Food Market, By Distribution Channel
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- Global Frozen Food Market, By Region
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
