The Frozen Food market estimated at USD 287.52 Billion in the year 2022, is projected to reach a revised size of USD 454.81 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030.
Food and beverages which are thoroughly processed, packed, and preserved by freezing following good commercial practices, which are further intended for consumption are called as frozen food. Frozen foods are an extremely affordable and convenient way to incorporate nutritious and healthy foods, including fruits vegetables, protein dairy, as well as whole grains. Chefs across the globe are highly benefitted from frozen foods as they deliver excellent quality as well as reduce labor and waste .Frozen foods contain more minerals and vitamins as fresh foods tend to lose them over a certain time, whereas freezing preserves and retains nutrients. This is one of the major factors that attract maximum consumers to choose frozen food over fresh food. For instance, a survey of 2000 adults by Deloitte found that although consumers may enjoy the consumption of fresh foods, they are aware of the huge food waste, and thus opt for frozen foods owing to their nutritional value as well as extended shelf life. In the firm’s findings, 57% of all 18-34 years old adults stated that frozen vegetables are relatively better than fresh.
Leading players involved in the Frozen Food Market includes:
Nestlé (Switzerland),J.M. Smucker (USA),McCain Foods (Canada),Mondelez International (USA),Ajinomoto Co., Inc. (Japan),Nomad Foods (United Kingdom),CP Foods (Thailand),McCormick Company (USA),Green Giant (USA),OSI Industries, Inc. (USA),Premier Foods plc (England),Van den Berghe Foods (Netherlands),Froneri International Ltd. (England),Samyang Food (South Korea),McCormick Plc (USA),C.F. Mueller Company (USA),CP Kelloggs India (India),Iglo Foods Holdings Limited (Germany),Fuji Food Corporation (Japan),BG Foods, Inc. (USA)
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The latest research on the Frozen Food market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Frozen Food industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Frozen Food market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Segmentation of Frozen Food Market
By Type
- Raw Material
- Half-Cooked
- Ready-To-Eat
By Product
- Convenience Food Ready Meals
- Meat Seafood Products
- Dairy Products
- Bakery Products
- Fruits Vegetables
Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Important Features that are under offering key highlights of the report:
The primary objective is to underline the competitive structure of Global Frozen Food Industry.
The research includes study of several small to medium-sized companies that compete with each other and large enterprises.
Which segment has the potential to gain the highest market share?
Identifying Untapped Geographic Market Territory with growth Potential of Frozen Food Market
Identify regional factors impacting production studied at Global scale.
Insights on Regulatory Economic policies by geography giving ease to Market entry.
What product features benefits offered by Industry players studied and broken down by diverse group of customer class.
Correlate cost structure historical data with key business segments
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
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