Frozen Food Market: By Product Type (Frozen seafood, Frozen Fruits and vegetables, Frozen Ready Meals, Frozen Soups, Frozen Meat & Poultry, Others), By Distribution Channel (Supermarkets & Hyper Markets, Food Outlets, Online Stores, Others), and Geography  

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Frozen Food Market size was valued at USD 339.12 billion and is poised to grow at a CAGR of 5.1% from 2023 to 2029. Frozen foods are food products that can be deep frozen and stored and used for a long period. Freezing food reduces the decomposition by converting residual moisture into ice and inhibits the growth of bacterial species. Free can be done by two processes namely, cryogenic and mechanical. Most commonly used frozen food products include fruits & vegetables, poultry and meat, sea food, ready-to-meals, and soups among others. Frozen food is defined as food that has been frozen and kept at a low temperature for a long time. Ready meals, vegetables and fruits, potatoes, meat and poultry, seafood, and soup are among the food goods available on the market. Packaged ready-to-eat foods, bakeries, snacks, and desserts are also included in frozen-ready meals. Hotels, caterers, restaurants, and fast food chains are among the most frequent purchasers of frozen food goods such as frozen vegetables and fruits, potatoes, and non-vegetable products.

Frozen Food Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.1%

Largest Market

North America

Fastest Growing Market

Asia pacific
Frozen Food Market Dynamics Dynamics

Increase in the demand for frozen food in developed and developing countries is key factor drive the growth of frozen foods market. Moreover, change in food habits coupled with rise in disposable income, manufacturing of various ready-to-eat frozen food products, and better availability of products due to expansion of distribution channels are anticipated to bolster the frozen foods market over the forecast years. However, lack of suitable storage conditions in retail outlets, high cost and maintenance for the cryogenic food storage, and poor distribution facility in underdeveloped countries may restrain the growth of global frozen food market over the forecast years.

Key Features of the Reports

  • Frozen Food Market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Frozen Food Market Segmentation

By Product Type
  • Frozen Sea Food
  • Frozen Fruits & Vegetables
  • Frozen Ready Meals
  • Frozen Soups
  • Frozen Meat & Poultry
  • Others
By Distribution Channel
  • Super markets & Hyper Markets
  • Food Outlets
  • Online Stores
  • Others
By Geography
  • North-America 
  •  Asia Pacific
  • Europe
  • Latin America

Frequently Asked Questions

The frozen food market size was valued at USD 339.12 billion in 2022

The frozen food market key players are: McCain Foods Ltd. (Canada) General Mills Inc. (U.S) Tyson Foods Inc. (U.S.) ConAgra Foods Inc. (U.S.) J. Heinz Company (U.S.) Ajinomoto Co., Inc. (Japan) Kraft Food, Inc. (U.S.) Nestlé SA (Switzerland) Ralcorp Frozen Bakery Products, Inc. (U.S.) Unilever PLC (Netherlands)

The frozen food market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

 

1. Executive Summary
2. Global Frozen Food Market Introduction 
2.1.Global Frozen Food Market  - Taxonomy
2.2.Global Frozen Food Market  - Definitions
2.2.1.Product Type 
2.2.2.Distribution Channel
2.2.3.Region
3. Global Frozen Food Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Frozen Food Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Frozen Food Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Frozen Sea Food
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Frozen Fruits & Vegetables
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Frozen Ready Meals
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Frozen Soups
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Frozen Meat & Poultry
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others
5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6. Global Frozen Food Market  By Distribution Channel, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Super markets & Hyper Markets
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Food Outlets
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Online Stores
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Frozen Food Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America Frozen Food Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Frozen Sea Food
8.1.2.Frozen Fruits & Vegetables
8.1.3.Frozen Ready Meals
8.1.4.Frozen Soups
8.1.5.Frozen Meat & Poultry
8.1.6.Others
8.2.  Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Super markets & Hyper Markets
8.2.2.Food Outlets
8.2.3.Online Stores
8.2.4.Others
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe Frozen Food Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Frozen Sea Food
9.1.2.Frozen Fruits & Vegetables
9.1.3.Frozen Ready Meals
9.1.4.Frozen Soups
9.1.5.Frozen Meat & Poultry
9.1.6.Others
9.2.  Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Super markets & Hyper Markets
9.2.2.Food Outlets
9.2.3.Online Stores
9.2.4.Others
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) Frozen Food Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Frozen Sea Food
10.1.2.Frozen Fruits & Vegetables
10.1.3.Frozen Ready Meals
10.1.4.Frozen Soups
10.1.5.Frozen Meat & Poultry
10.1.6.Others
10.2.  Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Super markets & Hyper Markets
10.2.2.Food Outlets
10.2.3.Online Stores
10.2.4.Others
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11. Middle East and Africa (MEA) Frozen Food Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Frozen Sea Food
11.1.2.Frozen Fruits & Vegetables
11.1.3.Frozen Ready Meals
11.1.4.Frozen Soups
11.1.5.Frozen Meat & Poultry
11.1.6.Others
11.2.  Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Super markets & Hyper Markets
11.2.2.Food Outlets
11.2.3.Online Stores
11.2.4.Others
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America Frozen Food Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Frozen Sea Food
12.1.2.Frozen Fruits & Vegetables
12.1.3.Frozen Ready Meals
12.1.4.Frozen Soups
12.1.5.Frozen Meat & Poultry
12.1.6.Others
12.2.  Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Super markets & Hyper Markets
12.2.2.Food Outlets
12.2.3.Online Stores
12.2.4.Others
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.McCain Foods Ltd. (Canada)
13.2.2.General Mills Inc. (U.S)
13.2.3.Tyson Foods Inc. (U.S.)
13.2.4.ConAgra Foods Inc. (U.S.)
13.2.5.J. Heinz Company (U.S.)
13.2.6.Ajinomoto Co., Inc. (Japan)
13.2.7.Kraft Food, Inc. (U.S.)
13.2.8.Nestlé SA (Switzerland)
13.2.9.Ralcorp Frozen Bakery Products, Inc. (U.S.)
13.2.10.Unilever PLC (Netherlands)
14. Research Methodology 
15. Appendix and Abbreviations 
  • McCain Foods Ltd. (Canada)
  • General Mills Inc. (U.S)
  • Tyson Foods Inc. (U.S.)
  • ConAgra Foods Inc. (U.S.)
  • J. Heinz Company (U.S.)
  • Ajinomoto Co., Inc. (Japan)
  • Kraft Food, Inc. (U.S.)
  • Nestlé SA (Switzerland)
  • Ralcorp Frozen Bakery Products, Inc. (U.S.)
  • Unilever PLC (Netherlands)

Adjacent Markets