The North America Frozen Food Market size was valued at USD 53.3961 Billion in 2022 and the total Frozen Food Market revenue is expected to grow at a CAGR of 3.62 % from 2023 to 2029, reaching nearly USD 70.97 Billion. Frozen food products become an integral part of daily life diet, especially in North American countries. Convenience and a busy lifestyle have driven the frozen food manufacturing industry to manufacture new products to meet the growing demand from customers. Growing demand for frozen food service is more than 90% in their menus, with convenience store, healthcare and fast-casual categories reporting the greatest increase in use since 2019. As per MMR analysis, the sales of frozen food like frozen vegetables and fruits in the U.S. reached USD 7.1 billion on June 26, 2022, and volume was 271 million pounds above pre-pandemic levels at 3.9 billion pounds. Major sealing products are vegetables with sales USD of 2.9 billion, Potatoes with USD 2.3 billion and fruits with USD 1.5 billion, respectively. Increasing demand and improved transportation facilities driving the North America Frozen Food Market demand. Also, the increasing consumption of frozen food products in the emerging market of the U.S. and Canada has also contributed to increasing frozen food sales. The market is influenced by several factors like convenient food options, growing preference for ready and easy food solutions and busy lifestyles. The North America Frozen Food Market driving due to shelf-life enhancement, and packaging solutions are creating opportunities for frozen food market manufacturers. As a result market players in the frozen food industry are investing in technologies which help them to store and refrigerate meals, vegetables and dough, meat and fruits. Technological advancements in the cold chain and retail landscape are driving the North America Frozen Food Market. The preference for natural food products, constant temperature, maintenance and sustainability of frozen food acts as restraining factor for the market growth. The report covered the state of the industry and a comprehensive overview of the current state of the frozen food products and beverage sector in North American countries. The report highlights all country-wise analyses contributing from market leaders, experts and organizations.To know about the Research Methodology :- Request Free Sample Report
North America Frozen Food Market Dynamics:
Cold chain investment to drive the frozen food market The North America Frozen Food Market is driven by the development of cold chain infrastructure, as it helps to transport frozen products at both the international level and domestic levels. The demand for fresh and processed vegetables and fruits is increasing as the habit of consumption in the urban population is changed. This demand and supply are fulfilled using cold chain infrastructure, which maintains the quality and temperature of products. The increasing import and export of frozen food are possible due to the strong service of the cold chain, which is available in developed economies. Many emerging market players are strategies to create an advanced cold chain infrastructure to maintain the quality of food and easy to import and export food products. For example, North American lineage logistics is one of the major and largest cold chain Logistics Companies. This company is actively expanding their cold chain infrastructure to full fill the market growing demand for frozen food products and enhance the efficiency and quality of the supply chain. The company is investing USD 1.9 billion in 2020 to expand its network of temperature-controlled warehouses across North America. This investment focuses on their total capacity to over 2 billion cubic feet.The market is witnessing new opportunities as the retail industry undergoes digital transformation One of the major trends driving the North America Frozen Food Market is the introduction of new apps and online grocery shopping, which makes it easy and convenient for consumers to pick their preferred grocery. Customers are inclined toward online shopping due to factors such as different types of variety and convenience according to analysis 25% of the population in North America are bought food and groceries from online sales channels. With the increasing penetration of the internet and smartphones. Retail grocery shopping is emerging as one of the platforms for market players to showcase and sell their frozen food products.
North America Frozen Food Market Country Wise Analysis:
The United States is expected to drive the North America Frozen Food Market during the forecast period. The U.S. market is growing due to growing demand for convenience frozen food products, consumers are looking for easy and quick meal options due to their busy lifestyles. The growing popularity of online grocery shopping. Customers are more convenient to purchase frozen food products online like frozen vegetables, fruits and more. The frozen food industry in the United States like General Mills Inc. (US), Conagra Brands Inc. (US), Kellogg Company (US), and The Kraft Heinz Company (US) are focusing on to full fill customer needs. Such as organic, gluten-free, and plant-based frozen food options. Market players are focusing on growing their online presence and offering more options for pickups and home delivery to capitalize on the growing trend of online grocery shopping. The North America Frozen Food Market players are strategies by leveraging the power of digital marketing and social media to reach a wider audience and create brand awareness. They are also investing in research and development to create new and innovative frozen food products that can target new customers.North America Frozen Food Market Market Scope: Inquire before buying
North America Frozen Food Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 53.39 Bn. Forecast Period 2023 to 2029 CAGR: 3.62% Market Size in 2029: US $ 70.97 Bn. 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 by Freezing Technique Individual Quick Freezing (IQF) Blast Freezing Belt Freezing Other Freezing Techniques North America Frozen Food Market by Region:
• North America o United States o Canada o MexicoNorth America Frozen Food Market Key Players:
1. Nestlé USA - Arlington, Virginia, United States 2. Conagra Brands - Chicago, Illinois, United States 3. General Mills - Minneapolis, Minnesota, United States 4. The Kraft Heinz Company - Chicago, Illinois, United States 5. Tyson Foods - Springdale, Arkansas, United States 6. Pinnacle Foods - Parsippany, New Jersey, United States 7. Kellogg Company - Battle Creek, Michigan, United States 8. JBS USA Holdings - Greeley, Colorado, United States 9. McCain Foods Limited - Florenceville-Bristol, New Brunswick, Canada 10. Rich Products Corporation - Buffalo, New York, United States 11. Ajinomoto Windsor - Ontario, California, United States 12. H.J. Heinz Company - Pittsburgh, Pennsylvania, United States 13. Schwan's Company - Bloomington, Minnesota, United States 14. Lamb Weston Holdings - Eagle, Idaho, United States 15. Nomad Foods - Feltham, England, United KingdomFAQs:
1. What are the growth drivers for the North America Frozen Food Market? Ans. The increasing prevalence of cold chain infrastructure is expected to be the major driver for the North America Frozen Food Market. 2. What is the major restraint for the North America Frozen Food Market growth? Ans. Growing demand for natural food products are expected to be the major restraining factor for the North America Frozen Food Market growth. 3. Which country is expected to lead the global North America Frozen Food Market during the forecast period? Ans. U.S. is expected to lead the global North America Frozen Food Market during the forecast period. 4. What is the projected market size & growth rate of the North America Frozen Food Market? Ans. The North America Frozen Food Market size was valued at USD 53.39 Billion in 2022 and the total Anime revenue is expected to grow at a CAGR of 3.62% from 2023 to 2029, reaching nearly USD 70.97 Billion. 5. What segments are covered in the North America Frozen Food Market report? Ans. The segments covered in the North America Frozen Food Market report are Offering, Product type, Application, and Country.
1. North America Frozen Food Market: Research Methodology 2. North America Frozen Food Market: Executive Summary 3. North America Frozen Food Market: Competitive Landscape 3.1. MMR Competition Matrix 3.2. Competitive Landscape 3.3. Key Players Benchmarking 3.4. Market Structure 3.4.1. Market Leaders 3.4.2. Market Followers 3.4.3. Emerging Players 3.5. Consolidation of the Market 4. North America Frozen Food Market: Dynamics 4.1. Market Trends by Region 4.1.1. North America 4.1.1.1. United States 4.1.1.2. Canada 4.1.1.3. Mexico 4.2. Market Drivers by Region 4.2.1. North America 4.2.1.1. United States 4.2.1.2. Canada 4.2.1.3. Mexico 4.3. Market Restraints 4.4. Market Opportunities 4.5. 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. North America 4.9.1.1. United States 4.9.1.2. Canada 4.9.1.3. Mexico 5. North America Frozen Food Market Size and Forecast by Segments (by Value USD and Volume Units) 5.1. North America Frozen Food Market Size and Forecast, By Offering (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. North America Frozen Food Market Size and Forecast, By End-User (2022-2029) 5.2.1. Food Service Industry 5.2.2. Retail Customers 5.3. North America 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. North America 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. North America North America Frozen Food Market Size and Forecast (by Value USD and Volume Units) 6.1. North America North America Frozen Food Market Size and Forecast, By Offering (2022-2029) 6.1.1. Fruits 6.1.2. Vegetables 6.1.3. Potato Products 6.1.4. Frozen Potato Products 6.1.5. Seafood 6.2. North America North America Frozen Food Market Size and Forecast, By End-User (2022-2029) 6.2.1. Food Service Industry 6.2.2. Retail Customers 6.3. North America North America 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. North America North America 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. North America North America Frozen Food Market Size and Forecast, by Country (2022-2029) 6.5.1. United States 6.5.2. Canada 6.5.3. Mexico 7. Company Profile: Key players 7.1. Nestlé USA - Arlington, Virginia, United States 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. Conagra Brands - Chicago, Illinois, United States 7.3. General Mills - Minneapolis, Minnesota, United States 7.4. The Kraft Heinz Company - Chicago, Illinois, United States 7.5. Tyson Foods - Springdale, Arkansas, United States 7.6. Pinnacle Foods - Parsippany, New Jersey, United States 7.7. Kellogg Company - Battle Creek, Michigan, United States 7.8. JBS USA Holdings - Greeley, Colorado, United States 7.9. McCain Foods Limited - Florenceville-Bristol, New Brunswick, Canada 7.10. Rich Products Corporation - Buffalo, New York, United States 7.11. Ajinomoto Windsor - Ontario, California, United States 7.12. H.J. Heinz Company - Pittsburgh, Pennsylvania, United States 7.13. Schwan's Company - Bloomington, Minnesota, United States 7.14. Lamb Weston Holdings - Eagle, Idaho, United States 7.15. Nomad Foods - Feltham, England, United Kingdom 8. Key Findings 9. Industry Recommendation