Indian Frozen Foods Market Report by Product Type (Frozen Vegetable Snacks, Frozen Fruits and Vegetables, Frozen Meat Products) 2024-2032

Description

Abstract

The Indian frozen foods market size reached INR 167.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 561.6 Billion by 2032, exhibiting a growth rate (CAGR) of 14% during 2024-2032. Rapid urbanization, rising disposable incomes of individuals, changing lifestyle and dietary habits, advancements in cold chain infrastructure, increased awareness of global food trends, and improved product accessibility through online retail and supermarkets are among the key factors driving the market.

Frozen food refers to edible items preserved by the process of freezing. It includes products such as fruits, vegetables, meat, poultry, and seafood, along with prepared meals and baked goods. The freezing process slows the decomposition by turning residual moisture into ice, thereby inhibiting the growth of most bacterial species, ensuring the food's longevity and safety. This process retains nutritional content, providing a year-round supply of otherwise seasonal products. One of the key advantages of frozen food is that it allows for the preservation and availability of seasonal products all year round. Moreover, the convenience offered by frozen food items, particularly in terms of meal planning and preparation time, is highly valued by consumers leading busy, modern lifestyles.

A convergence of several socioeconomic and cultural factors, such as rapid urbanization, the inflating disposable incomes of individuals, and the burgeoning middle class primarily drives the Indian frozen food market. Besides this, the rising demand for convenient and ready-to-eat (RTE) food products due to their time-saving nature and longer shelf-life are creating a favorable outlook for market growth. Moreover, the escalating awareness of global food trends and a shift towards Western eating habits, spurred by international travel and global media, are contributing to the market's growth. Additionally, significant improvements in cold storage and supply chain infrastructure are ensuring better product accessibility and quality, propelling the market forward. Concurrently, the implementation of various government initiatives promoting food processing industries is strengthening the market growth. Furthermore, changing consumer perceptions about the nutritional value of frozen food, backed by scientific evidence, are helping to break down traditional reservations, fostering wider acceptance among Indian consumers.

Indian Frozen Foods Market Trends/Drivers:

Rapid urbanization and lifestyle shifts

Increasing urbanization is driving significant changes in India's lifestyle and dietary habits, primarily due to the rise in disposable incomes and changing work patterns. Cities are expanding, and with them, an increasingly time-crunched population is seeking convenient, quick, and easy-to-prepare meals, thus creating a favorable outlook for market expansion. As the pace of life quickens, people have less time to cook traditional, time-consuming recipes, fueling the adoption of frozen food products as a popular choice due to their convenience, variety, and year-round availability. Moreover, the rise of nuclear families and the increasing number of working women have also propelled the demand for these products. The penetration of Western culture and food habits with a greater inclination towards products like frozen pizza, pasta, and desserts are presenting remunerative growth opportunities for the market.

Significant technological advancements in cold chain infrastructure

Ongoing technological advancements in India's cold chain logistics and storage infrastructure have played a crucial role in driving the frozen food market in the country. Robust cold chain systems are essential for maintaining the quality and extending the shelf-life of frozen food products, which ultimately impacts consumer satisfaction and demand. Besides this, enhanced cold storage facilities, refrigerated transport, and efficient logistics networks have improved product accessibility and availability across urban and rural areas of India, contributing to the market's growth. In addition to this, the implementation of various favorable government initiatives to strengthen the cold chain infrastructure presents remunerative growth opportunities for the market. These advancements have also enabled the expansion of online grocery platforms and supermarkets, which have become vital distribution channels for frozen food.

Indian Frozen Foods Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Indian frozen foods market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on product type.

Breakup by Product Type:

Frozen Vegetable Snacks

Frozen Fruits and Vegetables

Frozen Meat Products

Frozen vegetable snacks represents the most widely used product type

The report has provided a detailed breakup and analysis of the market based on the product type. This includes frozen vegetable snacks, frozen meat products, and frozen fruits and vegetables. According to the report, frozen vegetable snacks represented the largest segment.

The rising demand for frozen vegetable snacks in India due to an increasing focus on health and wellness among consumers is strengthening market growth. With the rising emphasis on healthy eating in the country, consumers seek more nutritious food options and snacks. This trend is coupled with a growing societal awareness of environmental sustainability, encouraging people to incorporate more plant-based foods into their diets. This shift is driving demand for vegetable-centric frozen products that offer a healthier, more eco-friendly alternative to traditional snacks. In addition to this, the rise of the 'foodie' culture in India, driven by social media and food-oriented television shows, has piqued consumer interest in trying different types of cuisines and dishes. This has sparked demand for a wider variety of frozen vegetable snacks catering to diverse tastes and culinary exploration. Furthermore, significant advancements in food preservation technology have allowed manufacturers to maintain the taste and nutritional value of frozen vegetable snacks, enhancing market demand.

Competitive Landscape:

The competitive landscape of the Indian frozen food market is defined by a robust mix of established entities and new entrants, which creates a vibrant and dynamic environment. The market is dominated by certain prominent players that have carved out a significant market share due to their extensive product range, effective distribution networks, and powerful brand recognition among consumers. In recent years, emerging domestic players have been gaining market share as they offer a diverse range of products that cater to regional tastes and preferences, capitalizing on a deep understanding of the local market dynamics. The competitive landscape is further influenced by the rise of e-commerce and online grocery platforms. These platforms often introduce private-label frozen food products, thereby intensifying market competition.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players include:

McCain India Pvt Limited

Venky's (India) Limited

Mother Dairy Fruit and Vegetable

Godrej Tyson Foods Limited

Al Kabeer Group

Innovative Foods Limited (Sumeru)

Key Questions Answered in This Report

1. What was the size of the Indian frozen foods market in 2023?
2. What is the expected growth rate of the Indian frozen foods market during 2024-2032?
3. What are the key factors driving the Indian frozen foods market?
4. What has been the impact of COVID-19 on the Indian frozen foods market?
5. What is the breakup of the Indian frozen foods market based on the product type?
6. Who are the key players/companies in the Indian frozen foods market?

Product Code: SR112024A1055

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology
2.6 Study Assumptions

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Indian Frozen Foods Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
- 5.7.1 Overview
- 5.7.2 Strengths
- 5.7.3 Weaknesses
- 5.7.4 Opportunities
- 5.7.5 Threats
5.8 Value Chain Analysis
- 5.8.1 Overview
- 5.8.2 Raw Material Procurement
  - 5.8.2.1 Farmers
  - 5.8.2.2 Mandi Traders
  - 5.8.2.3 Collectors
- 5.8.3 Processing/Frozen Vegetable Processing Companies
- 5.8.4 Quality Assurance and Packaging
- 5.8.5 Wholesalers
- 5.8.6 Exporters
- 5.8.7 Retailers
- 5.8.8 Consumers
5.9 Porters Five Forces Analysis
- 5.9.1 Overview
- 5.9.2 Bargaining Power of Buyers
- 5.9.3 Bargaining Power of Suppliers
- 5.9.4 Degree of Rivalry
- 5.9.5 Threat of New Entrants
- 5.9.6 Threat of Substitutes
5.10 Competitive Landscape
- 5.10.1 Competitive Structure
- 5.10.2 Market Share of Key Players
- 5.10.3 Key Players Profile
  - 5.10.3.1 McCain India Pvt Limited
  - 5.10.3.2 Mother Dairy Fruit and Vegetable
  - 5.10.3.3 Venky's (India) Limited
  - 5.10.3.4 Innovative Foods Limited (Sumeru)
  - 5.10.3.5 Al Kabeer Group
  - 5.10.3.6 Godrej Tyson Foods Limited

6 Indian Frozen Vegetable Snacks Market

6.1 Market Overview
6.2 Market Performance
6.3 Market Breakup by Product Type
- 6.3.1 French Fries
  - 6.3.1.1 Market Overview
  - 6.3.1.2 Market Performance
  - 6.3.1.3 Market Forecast
- 6.3.2 Bites, Wedges and Smileys
  - 6.3.2.1 Market Overview
  - 6.3.2.2 Market Performance
  - 6.3.2.3 Market forecast
- 6.3.3 Aloo Tikki
  - 6.3.3.1 Market Overview
  - 6.3.3.2 Market Performance
  - 6.3.3.3 Market Forecast
- 6.3.4 Nuggets
  - 6.3.4.1 Market Overview
  - 6.3.4.2 Market Performance
  - 6.3.4.3 Market Forecast
- 6.3.5 Others
  - 6.3.5.1 Market Overview
  - 6.3.5.2 Market Performance
  - 6.3.5.3 Market Forecast
6.4 Market Breakup by Distribution Channel
6.5 Market Forecast
6.6 Market Share of Key Players

7 Indian Frozen Vegetables and Fruits Market

7.1 Market Overview
7.2 Market Performance
7.3 Market Breakup by Category
7.4 Indian Frozen Vegetables Market
- 7.4.1 Market Overview
- 7.4.2 Market Performance
- 7.4.3 Market Breakup by Product Type
  - 7.4.3.1 Green Peas
    - 7.4.3.1.1 Market Overview
    - 7.4.3.1.2 Market Performance
    - 7.4.3.1.3 Market Forecast
  - 7.4.3.2 Corn
    - 7.4.3.2.1 Market Overview
    - 7.4.3.2.2 Market Performance
    - 7.4.3.2.3 Market Forecast
  - 7.4.3.3 Mixed Vegetables
    - 7.4.3.3.1 Market Overview
    - 7.4.3.3.2 Market Performance
    - 7.4.3.3.3 Market Forecast
  - 7.4.3.4 Carrot
    - 7.4.3.4.1 Market Overview
    - 7.4.3.4.2 Market Performance
    - 7.4.3.4.3 Market Forecast
  - 7.4.3.5 Cauliflower
    - 7.4.3.5.1 Market Overview
    - 7.4.3.5.2 Market Performance
    - 7.4.3.5.3 Market Forecast
  - 7.4.3.6 Others
    - 7.4.3.6.1 Market Overview
    - 7.4.3.6.2 Market Performance
    - 7.4.3.6.3 Market Forecast
- 7.4.4 Market Breakup by Distribution Channel
- 7.4.5 Market Forecast
- 7.4.6 Competitive Landscape
  - 7.4.6.1 Key Players
  - 7.4.6.2 Key Players Profile
    - 7.4.6.2.1 Mother Dairy Fruit and Vegetable
    - 7.4.6.2.2 Sahu Khan Chand Foods
    - 7.4.6.2.3 Unimax Frozen Treat Pvt. Ltd.
    - 7.4.6.2.4 Pal Frozen foods
    - 7.4.6.2.5 Taj Frozen Foods India Limited
    - 7.4.6.2.6 Keventer Agro Limited
7.5 Indian Frozen Fruits Market
- 7.5.1 Market Overview
- 7.5.2 Market Performance
- 7.5.3 Market Breakup by Product Type
  - 7.5.3.1 Strawberries
    - 7.5.3.1.1 Market Overview
    - 7.5.3.1.2 Market Performance
    - 7.5.3.1.3 Market Forecast
  - 7.5.3.2 Berries (Raspberries, Blueberries and Blackberries)
    - 7.5.3.2.1 Market Overview
    - 7.5.3.2.2 Market Performance
    - 7.5.3.2.3 Market Forecast
  - 7.5.3.3 Cherries
    - 7.5.3.3.1 Market Overview
    - 7.5.3.3.2 Market Performance
    - 7.5.3.3.3 Market Forecast
  - 7.5.3.4 Others
    - 7.5.3.4.1 Market Overview
    - 7.5.3.4.2 Market Performance
    - 7.5.3.4.3 Market Forecast
- 7.5.4 Market Breakup by Distribution Channel
- 7.5.5 Market Forecast
7.6 Market Forecast

8 Indian Frozen Meat Products Market

8.1 Market Overview
8.2 Market Performance
8.3 Market Breakup by Product Type
- 8.3.1 Chicken
  - 8.3.1.1 Market Overview
  - 8.3.1.2 Market Performance
  - 8.3.1.3 Market Forecast
- 8.3.2 Fish
  - 8.3.2.1 Market Overview
  - 8.3.2.2 Market Performance
  - 8.3.2.3 Market Forecast
- 8.3.3 Pork
  - 8.3.3.1 Market Overview
  - 8.3.3.2 Market Performance
  - 8.3.3.3 Market Forecast
- 8.3.4 Mutton
  - 8.3.4.1 Market Overview
  - 8.3.4.2 Market Performance
  - 8.3.4.3 Market Forecast
- 8.3.5 Others
  - 8.3.5.1 Market Overview
  - 8.3.5.2 Market Performance
  - 8.3.5.3 Market Forecast
8.4 Market Forecast

List of Figure

Figure 1: India: Frozen Foods Market: Major Drivers and Challenges
Figure 2: India: Frozen Foods Market: Sales Value (in Billion INR), 2018-2023
Figure 3: India: Frozen Foods Market: Breakup by Product Type (in %), 2023
Figure 4: India: Frozen Foods Market: Breakup by Region (in %), 2023
Figure 5: India: Frozen Foods Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 6: India: Frozen Foods Market: SWOT Analysis
Figure 7: India: Frozen Vegetable (Peas) Market: Value Chain Analysis
Figure 8: India: Frozen Foods Market: Porter's Five Forces Analysis
Figure 9: India: Frozen Foods Market: Share of Key Players (in %)
Figure 10: India: Frozen Vegetable Snacks Market: Sales Value (in Billion INR), 2018-2023
Figure 11: India: Frozen Vegetable Snacks Market: Breakup by Product Type (in %), 2023
Figure 12: India: Frozen French Fries Market: Sales Value (in Billion INR), 2018-2023
Figure 13: India: Frozen French Fries Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 14: India: Frozen Bites, Wedges and Smileys Market: Sales Value (in Billion INR), 2018-2023
Figure 15: India: Frozen Bites, Wedges and Smileys Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 16: India: Frozen Aloo Tikki Market: Sales Value (in Billion INR), 2018-2023
Figure 17: India: Frozen Aloo Tikki Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 18: India: Frozen Nuggets Market: Sales Value (in Billion INR), 2018-2023
Figure 19: India: Frozen Nuggets Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 20: India: Other Frozen Snacks Market: Sales Value (in Billion INR), 2018-2023
Figure 21: India: Other Frozen Snacks Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 22: India: Frozen Vegetable Snacks Market: Breakup by Distribution Channel (in %), 2023
Figure 23: India: Frozen Vegetable Snacks Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 24: India: Frozen Vegetable Snacks Market: Share of Key Players (in %), 2023
Figure 25: India: Frozen Vegetables and Fruits Market: Sales Value (in Billion INR), 2018-2023
Figure 26: India: Frozen Vegetables and Fruits Market: Breakup by Category (in %), 2023
Figure 27: India: Frozen Vegetables Market: Sales Value (in Billion INR), 2018-2023
Figure 28: India: Frozen Vegetables Market: Breakup by Product Type (in %), 2023
Figure 29: India: Frozen Green Peas Market: Sales Value (in Billion INR), 2018-2023
Figure 30: India: Frozen Green Peas Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 31: India: Frozen Corn Market: Sales Value (in Billion INR), 2018-2023
Figure 32: India: Frozen Corn Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 33: India: Frozen Mixed Vegetables Market: Sales Value (in Billion INR), 2018-2023
Figure 34: India: Frozen Mixed Vegetables Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 35: India: Frozen Carrot Market: Sales Value (in Billion INR), 2018-2023
Figure 36: India: Frozen Carrot Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 37: India: Frozen Cauliflower Market: Sales Value (in Billion INR), 2018-2023
Figure 38: India: Frozen Cauliflower Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 39: India: Other Frozen Vegetables Market: Sales Value (in Billion INR), 2018-2023
Figure 40: India: Other Frozen Vegetables Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 41: India: Frozen Vegetables Market: Breakup by Distribution Channel (in %), 2023
Figure 42: India: Frozen Vegetables Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 43: India: Frozen Fruits Market: Sales Value (in Billion INR), 2018-2023
Figure 44: India: Frozen Fruits Market: Breakup by Product Type (in %), 2023
Figure 45: India: Frozen Strawberries Market: Sales Value (in Billion INR), 2018-2023
Figure 46: India: Frozen Strawberries Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 47: India: Frozen Berries Market: Sales Value (in Billion INR), 2018-2023
Figure 48: India: Frozen Berries Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 49: India: Frozen Cherries Market: Sales Value (in Billion INR), 2018-2023
Figure 50: India: Frozen Cherries Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 51: India: Other Frozen Fruits Market: Sales Value (in Billion INR), 2018-2023
Figure 52: India: Other Frozen Fruits Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 53: India: Frozen Fruits Market: Breakup by Distribution Channel (in %), 2023
Figure 54: India: Frozen Fruits Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 55: India: Frozen Vegetables and Fruits Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 56: India: Frozen Meat Products Market: Sales Value (in Billion INR), 2018-2023
Figure 57: India: Frozen Meat Products Market: Breakup by Product Type (in %), 2023
Figure 58: India: Frozen Chicken Market: Sales Value (in Billion INR), 2018-2023
Figure 59: India: Frozen Chicken Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 60: India: Frozen Fish Market: Sales Value (in Billion INR), 2018-2023
Figure 61: India: Frozen Fish Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 62: India: Frozen Pork Market: Sales Value (in Billion INR), 2018-2023
Figure 63: India: Frozen Pork Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 64: India: Frozen Mutton Market: Sales Value (in Billion INR), 2018-2023
Figure 65: India: Frozen Mutton Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 66: India: Other Frozen Meat Products Market: Sales Value (in Billion INR), 2018-2023
Figure 67: India: Other Frozen Meat Products Market Forecast: Sales Value (in Billion INR), 2024-2032
Figure 68: India: Frozen Meat Products Market Forecast: Sales Value (in Billion INR), 2024-2032

List of Table

Table 1: India: Frozen Foods Market: Key Industry Highlights, 2023 and 2032
Table 2: India: Frozen Foods Industry: Competitive Structure
Table 3: India: Frozen Vegetable Snacks Market: Key Industry Highlights, 2023 and 2032
Table 4: India: Frozen French Fries Market: Key Industry Highlights, 2023 and 2032
Table 5: India: Frozen Bites, Wedges and Smileys Market: Key Industry Highlights, 2023 and 2032
Table 6: India: Frozen Aloo Tikki Market: Key Industry Highlights, 2023 and 2032
Table 7: India: Frozen Nuggets Market: Key Industry Highlights, 2023 and 2032
Table 8: India: Other Frozen Snacks Market: Key Industry Highlights, 2023 and 2032
Table 9: India: Frozen Vegetables and Fruits Market: Key Industry Highlights, 2023 and 2032
Table 10: India: Frozen Vegetables Market: Key Industry Highlights, 2023 and 2032
Table 11: India: Frozen Green Peas Market: Key Industry Highlights, 2023 and 2032
Table 12: India: Frozen Corn Market: Key Industry Highlights, 2023 and 2032
Table 13: India: Frozen Mixed Vegetables Market: Key Industry Highlights, 2023 and 2032
Table 14: India: Frozen Carrot Market: Key Industry Highlights, 2023 and 2032
Table 15: India: Frozen Cauliflower Market: Key Industry Highlights, 2023 and 2032
Table 16: India: Other Frozen Vegetables Market: Key Industry Highlights, 2023 and 2032
Table 17: India: Frozen Fruits Market: Key Industry Highlights, 2023 and 2032
Table 18: India: Frozen Strawberries Market: Key Industry Highlights, 2023 and 2032
Table 19: India: Frozen Berries Market: Key Industry Highlights, 2023 and 2032
Table 20: India: Frozen Cherries Market: Key Industry Highlights, 2023 and 2032
Table 21: India: Other Frozen Fruits Market: Key Industry Highlights, 2023 and 2032
Table 22: India: Frozen Meat Products Market: Key Industry Highlights, 2023 and 2032
Table 23: India: Frozen Chicken Market: Key Industry Highlights, 2023 and 2032
Table 24: India: Frozen Fish Market: Key Industry Highlights, 2023 and 2032
Table 25: India: Frozen Pork Market: Key Industry Highlights, 2023 and 2032
Table 26: India: Frozen Mutton Market: Key Industry Highlights, 2023 and 2032
Table 27: India: Other Frozen Meat Products Market: Key Industry Highlights, 2023 and 2032