Europe Frozen Food Market: Global Industry Analysis and Forecast (2023-2029)

The Europe Frozen Food Market size was valued at USD 58.12 Billion in 2022 and the total Europe Frozen Food Market revenue is expected to grow at a CAGR of 5.2%% from 2023 to 2029, reaching nearly USD 87.19 Billion. The market is primarily driven by hectic lifestyles and an increasing desire for healthy food and a lifestyle that is affordable, easy to make and testy cook. Frozen fruits and vegetables are a cost-effective choice that can be used in numerous ways. Europe has the largest demand worldwide for the frozen Food market, with a value of 38% of the market in 2021, followed by North America. 2.8 million Tonnes of frozen food was traded into Europe in 2021 for a value of €3 billion. During the past five years, the volume of frozen food introduced by Europe, decreased by 0.6% while import costs increased by 1.7%. 91% is the total internal Europe import. While just 9% of import comes from developing countries. Germany held the largest market share with 20% in European imports while France and Belgium held 18% and 14% market share in 2022. Growing consumer incomes and changing dietary patterns are also driving Europe Frozen Food Market growth. European customers are shifting from consumption of animal-source foods to vegetable alternatives, which drives the Europe Frozen Food Market growth. For Europe Frozen Food Market players major opportunities exist in countries such as Germany, Italy, Belgium, Netherlands and France Less awareness among consumers that frozen vegetables are healthier in terms of vitamins and nutrients than vegetables bought fresh and then refrigerated. This fact is now being publicly given emphasis and is a growing demand for frozen fruits and vegetables among the younger generation, which hamper the market growth. Europe Frozen Food Market To know about the Research Methodology :- Request Free Sample Report

Europe Frozen Food Market Dynamics:

Frozen Food Innovations and Convenience Take Center Stage in European Market Many European frozen food manufacturers are generating time-saving frozen meal options, especially for customers who lead busy lifestyles. Germany is leading the way in frozen food developments in Europe, followed by the UK, Italy, and Spain. Different cultural fusions, ready-to-use frozen vegetable meals, and frozen vegetable meat alternates are a few of these possibilities. Grilled, already-fried, and pre-cooked frozen veggies are just a few of the possibilities that European consumers are receptive to. Additionally adjusting to the convenience trend in the food service sector. For example, many fast food companies, motels, and restaurants accept frozen herbs since they have a significantly longer shelf life than fresh herbs, which creates an opportunity for new and emerging Europe Frozen Food Market players. Europe's Shift to Vegetable-Based Innovations In recent years, Europe has witnessed a growing awareness regarding environmental concerns and animal welfare. This shift in mind-set has led to a significant decline in meat consumption across many European regions, concrete the way for innovative vegetable-based products. The European Union Agricultural Outlook 2018–30 report shows a decline in per capita meat consumption from 69.3 kg in 2018 to 68.6 kg by 2030. To provide for this changing dietary landscape, a variety of vegan meat substitutes made from vegetables and soy have emerged. These include frozen burgers with a high bean content, offering an alternative source of protein to animal-based products. Additionally, frozen chickpea products like hummus and falafel, frozen vegetable snacks such as root vegetable chips, cauliflower florets as a rice substitute, and ready meals featuring vegetable mixtures like curry dishes, vegetable and grain combinations, and cauliflower crust pizzas are driving the market in response to evolving consumer preferences. Growing Demand for Healthy Food in Europe and Innovation and Brand Differentiation The growing importance of leading a healthy lifestyle among Europeans has sparked an increased demand for nutritious food and beverage products. In a recent survey and analysis by MMR, 70% of Europeans are actively buying healthy foods, with 60% trusting that incorporating more fruits and vegetables into their diets will improve their overall well-being. Particularly, recent incidents referring to food safety at retail chains have raised concerns among consumers, further highlighting the importance of food quality. The demand for "free from," "organic," and "vegetarian" products is experiencing a notable surge. These categories have already gained significant penetration levels, with organic food accounting for 53% and vegetarian food accounting for 39% of all consumer food purchases, which affects the Europe Frozen Food Market Demand and Supply. As brands seek to differentiate themselves and add value, private-label players are implementing innovation. They are exploring novel processing methods, introducing new product varieties, and incorporating fun elements such as unique shapes and eye-catching packaging designs. For example, Bonduelle has introduced steamed vegetables as an innovative processing method, while Frosta has employed emotive marketing by introducing a heart-shaped frozen spinach range, enhancing brand affinity and making the cooking experience more enjoyable.

Regional Insights:

Germany is expected to dominate the Europe Frozen Food market during the forecast period after the United States and Japan, Germany is the world’s third-largest importer of frozen vegetables in Europe. Germany is expected to dominate the Europe Frozen Food market during the forecast period after the United States and Japan, Germany is the world’s third-largest importer of frozen vegetables in Europe. In 2021, the German frozen vegetables import had €598 million which is 20% of the European market. In 2017 the German import decreased by 2.1% annually, and in 2021 it will be 588.294 tonnes. However, their value increased by 1.2%per year in 2021, due to sudden growth in prices by an average of 3-4% in 2018 and 2019. 1-1.5% in 2020 and 5% in 2021. Germany imported 80-90% of its frozen vegetables from other European countries and 10% from Europe developing countries. Belgium is a major supplier to Germany with a 42-43% share, the Netherlands with a 13-14% share, and Spain with 10% of the share and Poland with 15-16% of the share. China remains the top supplier of frozen vegetables to Germany among non-European countries for increasing import prices. Serbia, Turkey and Ecuador are also significant suppliers. In terms of exports, Germany plays a prominent role as the sixth-largest exporter in Europe and the twelfth-largest exporter worldwide of frozen fruits and vegetables. The majority of these exports are sent to Poland (7-8%), Belgium (10-11%), Netherlands (20-21%), Italy (9%), and Austria (15-17%). The Europe frozen food market consumption in Germany is driven by various factors such as changing way of life and preferences among the young generation, the comfort of operation and the opportuneness they offer, giving high preference for vegan and organic diets. According to MMR analysis and survey conducted in 2022 showed that Germany reduced meat consumption by 51%. Also, Austria and Germany rank highest in numbers of vegan due to this the demand for frozen fruits and vegetables is high among other countries and they drive the Europe frozen food market growth.

Europe Frozen Food Market Scope: Inquire before buying

Europe Frozen Food Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: USD 58.12 Billion
Forecast Period 2023 to 2029 CAGR: 5.2% Market Size in 2029: USD 87.19 Billion
Segments Covered: by Offering Fruits Vegetables Potato Products Frozen Potato Products Seafood
by End-User Food Service Industry Retail Customers
by Product Category Ready-to-eat Ready-to-cook Ready-to-drink Other Product Categories Individual Quick Freezing (IQF)
by Freezing Technique Blast Freezing Belt Freezing Other Freezing Techniques

Europe Frozen Food Market by Region:

• Europe o UK o France o Germany o Italy o Spain o Sweden o Austria o Rest of Europe

Key Players:

1. Nestlé 2. McCain Foods 3. Nomad Foods 4. Dr. Oetker 5. Frosta AG 6. Bonduelle Group 7. Iglo Group 8. Greenyard NV 9. Pinguin Foods 10. Aviko 11. Findus Group 12. Birds Eye 13. Schwan's Company 14. Aunt Bessie's 15. Lutosa 16. Lamb Weston Holdings, Inc. 17. Iceland Foods 18. FRoSTA Maultaschen GmbH 19. Picard Surgelés 20. FRoSTA AG FAQs: 1. What are the growth drivers for the Europe Frozen Food Market? Ans. The increasing prevalence of changing life style and ready to ready to eat food expected to be the major driver for the Market. 2. What is the major restraint for the Europe Frozen Food Market growth? Ans. Stringent government regulations are expected to be the major restraining factor for the Europe Frozen Food Market growth. 3. Which country is expected to lead the global Europe Frozen Food Market during the forecast period? Ans. Germany is expected to lead the global Europe Frozen Food Market during the forecast period. 4. What is the projected Europe Military Land Vehicle Market size & growth rate of the Europe Frozen Food Market? Ans. The Europe Frozen Food Market size was valued at USD 58.12 Billion in 2022 and the total Anime revenue is expected to grow at a CAGR of 5.2% from 2023 to 2029, reaching nearly USD 87.19 Billion. 5. What segments are covered in the Europe Frozen Food Market report? Ans. The segments covered in the Market report are Offering, Product type, Freezing Technique, and Region
1. Europe Frozen Food Market: Research Methodology 2. Europe Frozen Food Market: Executive Summary 3. Europe Frozen Food Market: Competitive Landscape 3.1. MMR Competition Matrix 3.2. Competitive Landscape 3.3. Key Players Benchmarking 3.4. Europe Frozen Food Market Structure 3.4.1. Europe Frozen Food Market Leaders 3.4.2. Europe Frozen Food Market Followers 3.4.3. Emerging Players 3.5. Consolidation of the Europe Frozen Food Market 4. Europe Frozen Food Market: Dynamics 4.1. Europe Frozen Food Market Trends by Region 4.1.1.1. UK 4.1.1.2. France 4.1.1.3. Germany 4.1.1.4. Italy 4.1.1.5. Spain 4.1.1.6. Sweden 4.1.1.7. Austria 4.1.1.8. Rest of Europe 4.2. Europe Frozen Food Market Drivers by Region 4.2.1.1. UK 4.2.1.2. France 4.2.1.3. Germany 4.2.1.4. Italy 4.2.1.5. Spain 4.2.1.6. Sweden 4.2.1.7. Austria 4.2.1.8. Rest of Europe 4.3. Europe Frozen Food Market Restraints 4.4. Europe Frozen Food Market Opportunities 4.5. Europe Frozen Food Market Challenges 4.6. PORTER’s Five Forces Analysis 4.7. PESTLE Analysis 4.8. Value Chain Analysis 4.9. Regulatory Landscape by Region 4.9.1. Europe 4.9.1.1. UK 4.9.1.2. France 4.9.1.3. Germany 4.9.1.4. Italy 4.9.1.5. Spain 4.9.1.6. Sweden 4.9.1.7. Austria 4.9.1.8. Rest of Europe 5. Europe Frozen Food Market Size and Forecast by Segments (by Value USD and Volume Units) 5.1. Europe Frozen Food Market Size and Forecast, by Product Type (2022-2029) 5.1.1. Fruits 5.1.2. Vegetables 5.1.3. Potato Products 5.1.4. Frozen Potato Products 5.1.5. Seafood 5.2. Europe Frozen Food Market Size and Forecast, by End-User (2022-2029) 5.2.1. Food Service Industry 5.2.2. Retail Customers 5.3. Europe Frozen Food Market Size and Forecast, by Product Category (2022-2029) 5.3.1. Ready-to-eat 5.3.2. Ready-to-cook 5.3.3. Ready-to-drink 5.3.4. Other Product Categories 5.4. Europe Frozen Food Market Size and Forecast, by Freezing Technique (2022-2029) 5.4.1. Individual Quick Freezing (IQF) 5.4.2. Blast Freezing 5.4.3. Belt Freezing 5.4.4. Other Freezing Techniques 6. Europe Frozen Food Market Size and Forecast (by Value USD and Volume Units) 6.1. Europe Frozen Food Market Size and Forecast, by Product Type (2022-2029) 6.1.1. Fruits 6.1.2. Vegetables 6.1.3. Potato Products 6.1.4. Frozen Potato Products 6.1.5. Sea food 6.2. Europe Frozen Food Market Size and Forecast, by End-User (2022-2029) 6.2.1. Food Service Industry 6.2.2. Retail Customers 6.3. Europe Frozen Food Market Size and Forecast, by Product Category (2022-2029) 6.3.1. Ready-to-eat 6.3.2. Ready-to-cook 6.3.3. Ready-to-drink 6.3.4. Other Product Categories 6.4. Europe Frozen Food Market Size and Forecast, by Freezing Technique (2022-2029) 6.4.1. Individual Quick Freezing (IQF) 6.4.2. Blast Freezing 6.4.3. Belt Freezing 6.4.4. Other Freezing Techniques 6.5. Europe Frozen Food Market Size and Forecast, by Country (2022-2029) 6.5.1. UK 6.5.2. France 6.5.3. Germany 6.5.4. Italy 6.5.5. Spain 6.5.6. Sweden 6.5.7. Austria 6.5.8. Rest of Europe 7. Company Profile: Key players 7.1. Nestlé 7.1.1. Company Overview 7.1.2. Financial Overview 7.1.3. Business Portfolio 7.1.4. SWOT Analysis 7.1.5. Business Strategy 7.1.6. Recent Developments 7.2. McCain Foods 7.3. Nomad Foods 7.4. Dr. Oetker 7.5. Frosta AG 7.6. Bonduelle Group 7.7. Iglo Group 7.8. Greenyard NV 7.9. Pinguin Foods 7.10. Aviko 7.11. Findus Group 7.12. Birds Eye 7.13. Schwan's Company 7.14. Aunt Bessie's 7.15. Lutosa 7.16. Lamb Weston Holdings, Inc. 7.17. Iceland Foods 7.18. FRoSTA Maultaschen GmbH 7.19. Picard Surgelés 7.20. FRoSTA AG 8. Key Findings 9. Industry Recommendation
  • INQUIRE BEFORE BUYING