The global demand for Frozen Food Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Frozen foods are various food products subject to rapid freezing for preservation and kept frozen until used. Frozen food does not contain any added preservatives because microorganisms cannot grow when the food temperature is below −9.5 °C (15 °F) and is sufficient to prevent food spoilage. Packaging frozen foods play a vital role in maintaining the food product's integrity throughout filling, sealing, freezing, storage, transportation, thawing, and often cooking. They are packed in boxes, cartons, bags, pouches, boil-in-bags, lidded trays and pans, crystallized PET trays, and composite and plastic cans. There can be a loss of essential nutrients when food products are frozen.
The growing adoption of Ready-to-Eat (RTE) foods and the hectic lifestyles of working-class individuals are the significant stimulants for this market's growth. The substantial change in the employment rate among women will favor the development of the frozen food market. Since frozen food requires less time to cook, it is considered a great alternative to fresh ingredients by fast-food chains and quick-service restaurants to reduce customer wait time. High disposable income, increased internet penetration, and quick access to smartphones will further enhance these food products' sales through online channels. They can be accommodating during periods of lockdowns or curfew since the visit to food outlets can be minimized. The market's significant challenges are the taste of these foods is not the same as fresh foods and the limited variety of dishes available.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of frozen food. The growth and trends of frozen food industry provide a holistic approach to this study.
This section of the frozen food market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Category
- Fruits & Vegetables
- Dairy Products
- Bakery Products
- Meat & Seafood Products
- Convenience Food & Ready Meals
By Freezing Technique
By Distribution Channel
- Individual Quick Freezing (IQF)
- Blast Freezing
- Belt Freezing
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Channels
This section covers the regional outlook, which accentuates current and future demand for the Frozen Food market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Frozen Food Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the frozen food market include Aryzta A.G., Ajinomoto Co. Inc., Cargill Incorporated, General Mills Inc., JBS S.A., Kellogg Company, the Kraft Heinz Company, Nestle S.A., ConAgra Brands, Inc., and Associated British Foods Plc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.