Frozen Food Market size was valued at US$ 257 Bn in 2021 and the total revenue is expected to grow at 5.2 % through 2022 to 2029, reaching nearly US$ 385.53 Bn.Global Frozen Food Market Overview:
Frozen foods are ones that have been frozen and stored in refrigerator before being cooked. By turning remaining moisture into ice, thawing food slows decomposition and inhibits the growth of most microbial pathogens. Food goods that have been frozen can be preserved and used for a long time. Convenience foods, fruits and veggies, chicken and turkey, fish, soups, and a similar range of products are the most commonly utilised frozen food products. The frozen food market is estimated to develop in the next years due to rising frozen food consumption around the world.To know about the Research Methodology :- Request Free Sample Report
Global Frozen Food Market Dynamics:
The growth of the Frozen Food Market is driven by factors such as growing demand and consumption of frozen foods in the developing markets across the Asian countries predominantly India and China. The rise in disposable incomes together with the revolution in lifestyle and food habits is key factors which enhance the market growth in these regions. Also, a rapid surge in a number of big retail chains with hypermarkets and supermarkets has boosted the demand for frozen food in emerging Asian countries. Consumers are willing to search for fresh fruits and vegetables, fish, and fruits that don't have a limited shelf life, thanks to a surge in demand for organic produce. Because most organic produce spoils quickly, supermarket chains turn to freezing frozen meals that customers want. Food items that have been cryogenically frozen have a longer shelf life and are free of contaminants. Buyers gravitate to these items, helping the frozen food sector flourish. As per the International Labour Organization's "World Employment Social Outlook," unemployment rates in high-income nations including the United States, the United Kingdom, France, and Canada have dropped significantly in recent years. Also, the world's working population is estimated to be 3.3 billion people aged 15 and up. Because of the large number of people working, frozen food products are constantly becoming more popular as a convenient way to prepare meals. Though, deficiency of proper refrigeration facility in retail stores and insufficient distribution facility in rural areas are the key restraints for the industry in emerging Frozen Food Market.Global Frozen Food Market Segment Analysis:
The global Frozen Food Market is segmented by Product Type and End-User. Based on End-User, the global Frozen Food market is segmented into Food Service Industry and Retail Customers. The Food Service Industry segment held the largest market share of 54.1% in 2021. This is due to the fact that frozen meals are consumed in large quantities by the food service industry. Hotel operators, fast food restaurants, reliance retail outlets, chefs, and other commercial entities are all part of the food service industry. Also, frozen food is becoming more popular in the food service industry since it can be preserved and used for an extended duration, lowering operational expenses.Global Frozen Food Market Regional Insights:
Europe dominates the global Frozen Food market during the forecast period 2021-2029. Europe held the largest market share 35.2% with such a revenue value of US$ 56.17 billion in 2021. Population explosion, urbanization, and growing customer loyalty to the value of frozen food are all driving demand for frozen foods in the region. Due to the existence of numerous food and confectionary monoliths, Europe is undeniably one of the most tempting regions for frozen food. North America held the second largest market share of xx% in 2021. Due to Customer preference towards cleanliness related frozen products. Asia Pacific is expected to grow at a higher CAGR of 3.9% in the global Frozen Food market during the forecast period. Because of the rising popularity of fully prepared food among the working class and college graduates in nations like China and India. In relation to consumer food expenses, China, India, and Japan are the largest markets. Also, due to the lack of time for processing and cooking, there is a considerable increase in demand for frozen food in the regional market. The objective of the report is to present a comprehensive analysis of the global Frozen Food Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Frozen Food Market dynamic, structure by analyzing the market segments and project the global Frozen Food Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Frozen Food Market make the report investor’s guide.Global Frozen Food Market Scope: Inquire before buying
Global Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 257 Bn. Forecast Period 2022 to 2029 CAGR: 5.2% Market Size in 2029: US $ 385.53 Bn. Segments Covered: by Product Type • Fruits • Vegetables • Potato Products • Frozen Potato Products • Sea food by End-User • Food Service Industry • Retail Customers Global Frozen Food Market, by Region
• North America • Europe • Asia Pacific • South America • Middle East and AfricaGlobal Frozen Food Market Key Players
• Nestle • General Mills Inc. • Ajinomoto Co., Inc. • Iceland Foods Ltd. • Mc Cain foods • ConAgra Foods Inc. • Maple Leaf Foods Inc. • BRF SA • Tyson Foods Inc. • Mother Dairy Fruit & Vegetable Pvt. Ltd. • Pinnacle Foods Inc. • Kraft Foods Inc. • Unilever PLC • Amy's Kitchen, Inc. • H. J. Heinz Company. • The Schwan Food Company • Quirch Foods Company • Rich Products Corporation • Kellogg Company • Mccain Foods Limited • Vandemoortele Nv • Kuppies • Bubba Foods • Cargill • AryztaFrequently Asked Questions:
1] What segments are covered in Frozen Food Market report? Ans. The segments covered in Frozen Food Market report are based on Product Type and End-User. 2] Which region is expected to hold the highest share in the global Frozen Food Market? Ans. Europe is expected to hold the highest share in the global Frozen Food Market. 3] What is the market size of global Frozen Food Market by 2029? Ans. The market size of global Frozen Food Market by 2029 is US $ 385.53 Bn. 4] Who are the top five key players in the global Frozen Food Market? Ans. Nestle, General Mills Inc., Ajinomoto Co., Inc., Iceland Foods Ltd. and Mc Cain foods are the top key players in the global Frozen Food Market. 5] What was the market size of global Frozen Food Market in 2021? Ans. The market size of global Frozen Food Market in 2021 was US $ 257 Bn. 6] By End-User, What segments are covered in global Frozen Food Market report? Ans. The segments covered in global Frozen Food Market report by End-User are Food Service Industry and Retail Customers
Frozen Food Market
1. Prefaces 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Frozen Food Market Size, by Market Value (US$ Mn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global Frozen Food Market 5. Supply Side and Demand Side Indicators 6. Global Frozen Food Market Analysis and Forecast 6.1. Global Frozen Food Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Frozen Food Market Analysis and Forecast, by Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Frozen Food Market Value Share Analysis, by Product Type 7.4. Global Frozen Food Market Size (US$ Mn) Forecast, by Product Type 7.5. Global Frozen Food Market Analysis, by Product Type 7.6. Global Frozen Food Market Attractiveness Analysis, by Product Type 8. Global Frozen Food Market Analysis and Forecast, by End User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Frozen Food Market Value Share Analysis, by End User 8.4. Global Frozen Food Market Size (US$ Mn) Forecast, by End User 8.5. Global Frozen Food Market Analysis, by End User 8.6. Global Frozen Food Market Attractiveness Analysis, by End User 9. Global Frozen Food Market Analysis, by Region 9.1. Global Frozen Food Market Value Share Analysis, by Region 9.2. Global Frozen Food Market Size (US$ Mn) Forecast, by Region 9.3. Global Frozen Food Market Attractiveness Analysis, by Region 10. North America Frozen Food Market Analysis 10.1. Key Findings 10.2. North America Frozen Food Market Overview 10.3. North America Frozen Food Market Value Share Analysis, by Product Type 10.4. North America Frozen Food Market Forecast, by Product Type 10.4.1. Fruits 10.4.2. Vegetables 10.4.3. Potato Products 10.4.4. Frozen Potato Products 10.4.5. Sea food 10.4.6. Meat & Poultry 10.4.7. Others 10.5. North America Frozen Food Market Value Share Analysis, by End User 10.6. North America Frozen Food Market Forecast, by End User 10.6.1. Food Service Industry 10.6.2. Food Service Industry 10.7. North America Frozen Food Market Value Share Analysis, by Country 10.8. North America Frozen Food Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Frozen Food Market Analysis, by Country 10.10. U.S. Frozen Food Market Forecast, by Product Type 10.10.1. Fruits 10.10.2. Vegetables 10.10.3. Potato Products 10.10.4. Frozen Potato Products 10.10.5. Sea food 10.10.6. Meat & Poultry 10.10.7. Others 10.11. U.S. Frozen Food Market Forecast, by End User 10.11.1. Food Service Industry 10.11.2. Food Service Industry 10.12. Canada Frozen Food Market Forecast, by Product Type 10.12.1. Fruits 10.12.2. Vegetables 10.12.3. Potato Products 10.12.4. Frozen Potato Products 10.12.5. Sea food 10.12.6. Meat & Poultry 10.12.7. Others 10.13. Canada Frozen Food Market Forecast, by End User 10.13.1. Food Service Industry 10.13.2. Food SFoodervice Industry 10.14. North America Frozen Food Market Attractiveness Analysis 10.14.1. By Product Type 10.14.2. By End User 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Frozen Food Market Analysis 11.1. Key Findings 11.2. Europe Frozen Food Market Overview 11.3. Europe Frozen Food Market Value Share Analysis, by Product Type 11.4. Europe Frozen Food Market Forecast, by Product Type 11.4.1. Fruits 11.4.2. Vegetables 11.4.3. Potato Products 11.4.4. Frozen Potato Products 11.4.5. Sea food 11.4.6. Meat & Poultry 11.4.7. Others 11.5. Europe Frozen Food Market Value Share Analysis, by End User 11.6. Europe Frozen Food Market Forecast, by End User 11.6.1. Food Service Industry 11.6.2. Food Service Industry 11.7. Europe Frozen Food Market Value Share Analysis, by Country 11.8. Europe Frozen Food Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Frozen Food Market Analysis, by Country 11.10. Germany Frozen Food Market Forecast, by Product Type 11.10.1. Fruits 11.10.2. Vegetables 11.10.3. Potato Products 11.10.4. Frozen Potato Products 11.10.5. Sea food 11.10.6. Meat & Poultry 11.10.7. Others 11.11. Germany Frozen Food Market Forecast, by End User 11.11.1. Food Service Industry 11.11.2. Food Service Industry 11.12. U.K. Frozen Food Market Forecast, by Product Type 11.12.1. Fruits 11.12.2. Vegetables 11.12.3. Potato Products 11.12.4. Frozen Potato Products 11.12.5. Sea food 11.12.6. Meat & Poultry 11.12.7. Others 11.13. U.K. Frozen Food Market Forecast, by End User 11.13.1. Food Service Industry 11.13.2. Food Service Industry 11.14. France Frozen Food Market Forecast, by Product Type 11.14.1. Fruits 11.14.2. Vegetables 11.14.3. Potato Products 11.14.4. Frozen Potato Products 11.14.5. Sea food 11.14.6. Meat & Poultry 11.14.7. Others 11.15. France Frozen Food Market Forecast, by End User 11.15.1. Food Service Industry 11.15.2. Food Service Industry 11.16. Italy Frozen Food Market Forecast, by Product Type 11.16.1. Fruits 11.16.2. Vegetables 11.16.3. Potato Products 11.16.4. Frozen Potato Products 11.16.5. Sea food 11.16.6. Meat & Poultry 11.16.7. Others 11.17. Italy Frozen Food Market Forecast, by End User 11.17.1. Food Service Industry 11.17.2. Food Service Industry 11.18. Spain Frozen Food Market Forecast, by Product Type 11.18.1. Fruits 11.18.2. Vegetables 11.18.3. Potato Products 11.18.4. Frozen Potato Products 11.18.5. Sea food 11.18.6. Meat & Poultry 11.18.7. Others 11.19. Spain Frozen Food Market Forecast, by End User 11.19.1. Food Service Industry 11.19.2. Food Service Industry 11.20. Rest of Europe Frozen Food Market Forecast, by Product Type 11.20.1. Fruits 11.20.2. Vegetables 11.20.3. Potato Products 11.20.4. Frozen Potato Products 11.20.5. Sea food 11.20.6. Meat & Poultry 11.20.7. Others 11.21. Rest of Europe Frozen Food Market Forecast, by End User 11.21.1. Food Service Industry 11.21.2. Food Service Industry 11.22. Europe Frozen Food Market Attractiveness Analysis 11.22.1. By Product Type 11.22.2. By End User 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Frozen Food Market Analysis 12.1. Key Findings 12.2. Asia Pacific Frozen Food Market Overview 12.3. Asia Pacific Frozen Food Market Value Share Analysis, by Product Type 12.4. Asia Pacific Frozen Food Market Forecast, by Product Type 12.4.1. Fruits 12.4.2. Vegetables 12.4.3. Potato Products 12.4.4. Frozen Potato Products 12.4.5. Sea food 12.4.6. Meat & Poultry 12.4.7. Others 12.5. Asia Pacific Frozen Food Market Value Share Analysis, by End User 12.6. Asia Pacific Frozen Food Market Forecast, by End User 12.6.1. Food Service Industry 12.6.2. Food Service Industry 12.7. Asia Pacific Frozen Food Market Value Share Analysis, by Country 12.8. Asia Pacific Frozen Food Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Frozen Food Market Analysis, by Country 12.10. China Frozen Food Market Forecast, by Product Type 12.10.1. Fruits 12.10.2. Vegetables 12.10.3. Potato Products 12.10.4. Frozen Potato Products 12.10.5. Sea food 12.10.6. Meat & Poultry 12.10.7. Others 12.11. China Frozen Food Market Forecast, by End User 12.11.1. Food Service Industry 12.11.2. Food Service Industry 12.12. India Frozen Food Market Forecast, by Product Type 12.12.1. Fruits 12.12.2. Vegetables 12.12.3. Potato Products 12.12.4. Frozen Potato Products 12.12.5. Sea food 12.12.6. Meat & Poultry 12.12.7. Others 12.13. India Frozen Food Market Forecast, by End User 12.13.1. Food Service Industry 12.13.2. Food Service Industry 12.14. Japan Frozen Food Market Forecast, by Product Type 12.14.1. Fruits 12.14.2. Vegetables 12.14.3. Potato Products 12.14.4. Frozen Potato Products 12.14.5. Sea food 12.14.6. Meat & Poultry 12.14.7. Others 12.15. Japan Frozen Food Market Forecast, by End User 12.15.1. Food Service Industry 12.15.2. Food Service Industry 12.16. ASEAN Frozen Food Market Forecast, by Product Type 12.16.1. Fruits 12.16.2. Vegetables 12.16.3. Potato Products 12.16.4. Frozen Potato Products 12.16.5. Sea food 12.16.6. Meat & Poultry 12.16.7. Others 12.17. ASEAN Frozen Food Market Forecast, by End User 12.17.1. Food Service Industry 12.17.2. Food Service Industry 12.18. Rest of Asia Pacific Frozen Food Market Forecast, by Product Type 12.18.1. Fruits 12.18.2. Vegetables 12.18.3. Potato Products 12.18.4. Frozen Potato Products 12.18.5. Sea food 12.18.6. Meat & Poultry 12.18.7. Others 12.19. Rest of Asia Pacific Frozen Food Market Forecast, by End User 12.19.1. Food Service Industry 12.19.2. Food Service Industry 12.20. Asia Pacific Frozen Food Market Attractiveness Analysis 12.20.1. By Product Type 12.20.2. By End User 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Frozen Food Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Frozen Food Market Overview 13.3. Middle East & Africa Frozen Food Market Value Share Analysis, by Product Type 13.4. Middle East & Africa Frozen Food Market Forecast, by Product Type 13.4.1. Fruits 13.4.2. Vegetables 13.4.3. Potato Products 13.4.4. Frozen Potato Products 13.4.5. Sea food 13.4.6. Meat & Poultry 13.4.7. Others 13.5. Middle East & Africa Frozen Food Market Value Share Analysis, by End User 13.6. Middle East & Africa Frozen Food Market Forecast, by End User 13.6.1. Food Service Industry 13.6.2. Food Service Industry 13.7. Middle East & Africa Frozen Food Market Value Share Analysis, by Country 13.8. Middle East & Africa Frozen Food Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Frozen Food Market Analysis, by Country 13.10. GCC Frozen Food Market Forecast, by Product Type 13.10.1. Fruits 13.10.2. Vegetables 13.10.3. Potato Products 13.10.4. Frozen Potato Products 13.10.5. Sea food 13.10.6. Meat & Poultry 13.10.7. Others 13.11. GCC Frozen Food Market Forecast, by End User 13.11.1. Food Service Industry 13.11.2. Food Service Industry 13.12. South Africa Frozen Food Market Forecast, by Product Type 13.12.1. Fruits 13.12.2. Vegetables 13.12.3. Potato Products 13.12.4. Frozen Potato Products 13.12.5. Sea food 13.12.6. Meat & Poultry 13.12.7. Others 13.13. South Africa Frozen Food Market Forecast, by End User 13.13.1. Food Service Industry 13.13.2. Food Service Industry 13.14. Rest of Middle East & Africa Frozen Food Market Forecast, by Product Type 13.14.1. Fruits 13.14.2. Vegetables 13.14.3. Potato Products 13.14.4. Frozen Potato Products 13.14.5. Sea food 13.14.6. Meat & Poultry 13.14.7. Others 13.15. Rest of Middle East & Africa Frozen Food Market Forecast, by End User 13.15.1. Food Service Industry 13.15.2. Food Service Industry 13.16. Middle East & Africa Frozen Food Market Attractiveness Analysis 13.16.1. By Product Type 13.16.2. By End User 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Frozen Food Market Analysis 14.1. Key Findings 14.2. South America Frozen Food Market Overview 14.3. South America Frozen Food Market Value Share Analysis, by Product Type 14.4. South America Frozen Food Market Forecast, by Product Type 14.4.1. Fruits 14.4.2. Vegetables 14.4.3. Potato Products 14.4.4. Frozen Potato Products 14.4.5. Sea food 14.4.6. Meat & Poultry 14.4.7. Others 14.5. South America Frozen Food Market Value Share Analysis, by End User 14.6. South America Frozen Food Market Forecast, by End User 14.6.1. Food Service Industry 14.6.2. Food Service Industry 14.7. South America Frozen Food Market Value Share Analysis, by Country 14.8. South America Frozen Food Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Frozen Food Market Analysis, by Country 14.10. Brazil Frozen Food Market Forecast, by Product Type 14.10.1. Fruits 14.10.2. Vegetables 14.10.3. Potato Products 14.10.4. Frozen Potato Products 14.10.5. Sea food 14.10.6. Meat & Poultry 14.10.7. Others 14.11. Brazil Frozen Food Market Forecast, by End User 14.11.1. Food Service Industry 14.11.2. Food Service Industry 14.12. Mexico Frozen Food Market Forecast, by Product Type 14.12.1. Fruits 14.12.2. Vegetables 14.12.3. Potato Products 14.12.4. Frozen Potato Products 14.12.5. Sea food 14.12.6. Meat & Poultry 14.12.7. Others 14.13. Mexico Frozen Food Market Forecast, by End User 14.13.1. Food Service Industry 14.13.2. Food Service Industry 14.14. Rest of South America Frozen Food Market Forecast, by Product Type 14.14.1. Fruits 14.14.2. Vegetables 14.14.3. Potato Products 14.14.4. Frozen Potato Products 14.14.5. Sea food 14.14.6. Meat & Poultry 14.14.7. Others 14.15. Rest of South America Frozen Food Market Forecast, by End User 14.15.1. Food Service Industry 14.15.2. Food Service Industry 14.16. South America Frozen Food Market Attractiveness Analysis 14.16.1. By Product Type 14.16.2. By End User 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Nestle 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 1.1.1.1. Development Footprint 15.3.2. General Mills Inc. 15.3.3. Ajinomoto Co., Inc. 15.3.4. Iceland Foods Ltd. 15.3.5. Mc Cain foods 15.3.6. Uniliver Plc amongst 15.3.7. ConAgra Foods Inc. 15.3.8. Maple Leaf Foods Inc. 15.3.9. General Mills 15.3.10. BRF SA 15.3.11. Tyson Foods Inc. 15.3.12. Mother Dairy Fruit & Vegetable Pvt. Ltd. 15.3.13. Pinnacle Foods Inc. 15.3.14. Ajinomoto Co. Inc. 15.3.15. Kraft Foods Group Inc. 15.3.16. Unilever PLC 15.3.17. Amy's Kitchen, Inc. 15.3.18. Kraft Food, Inc. 15.3.19. H. J. Heinz Company. 15.3.20. The Schwan Food Company 15.3.21. Quirch Foods Company 15.3.22. Rich Products Corporation 16. Primary Key Insights