Frozen Food Market in Europe 2024-2028

The frozen food market in Europe is forecasted to grow by USD 31.2 bn during 2023-2028, accelerating at a CAGR of 6.8% during the forecast period. The report on the frozen food market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing consumer inclination toward vegan frozen food, technological developments in frozen food market, and introduction of innovative and sustainable packaging by leading vendors.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.41%
CAGR	6.8%
Incremental Value	$31.2bn

Technavio's frozen food market in Europe is segmented as below:

By Distribution Channel

Offline
Online

By Product

Frozen ready meals
Frozen fish and seafood
Frozen meat and poultry
Frozen fruits and vegetables
Others

This study identifies the growing popularity of private-label frozen foods as one of the prime reasons driving the frozen food market in Europe growth during the next few years. Also, rising importance of clean-label ingredients and expanding the organized retail landscape will lead to sizable demand in the market.

The report on the frozen food market in Europe covers the following areas:

Frozen food market in Europe sizing
Frozen food market in Europe forecast
Frozen food market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading frozen food market in Europe vendors that include Ajinomoto Co. Inc., Aryzta AG, BRF SA, Cargill Inc., Dr. August Oetker KG, General Mills Inc., Iceland Foods Ltd., JBS SA, Lantmannen Unibake International, McCain Foods Ltd., Nestle SA, Nomad Foods Ltd., Orkla ASA, The Kraft Heinz Co., Tyson Foods Inc., CONGELADOS CIENTOCINCO, S.L., FRoSTA AG, Iceland Frozen Foods, THIS.CO, and ULTRACONGELADOS VIRTO, SAU. Also, the frozen food market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70504

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 Frozen food market in Europe 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on frozen food market in Europe 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 29: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 30: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 31: Chart on Comparison by Distribution Channel
Exhibit 32: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 33: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 34: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 37: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 38: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 41: Market opportunity by Distribution Channel ($ billion)
Exhibit 42: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 43: Chart on Product - Market share 2023-2028 (%)
Exhibit 44: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 45: Chart on Comparison by Product
Exhibit 46: Data Table on Comparison by Product
7.3 Frozen ready meals - Market size and forecast 2023-2028
Exhibit 47: Chart on Frozen ready meals - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Data Table on Frozen ready meals - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Chart on Frozen ready meals - Year-over-year growth 2023-2028 (%)
Exhibit 50: Data Table on Frozen ready meals - Year-over-year growth 2023-2028 (%)
7.4 Frozen fish and seafood - Market size and forecast 2023-2028
Exhibit 51: Chart on Frozen fish and seafood - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Data Table on Frozen fish and seafood - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Chart on Frozen fish and seafood - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Frozen fish and seafood - Year-over-year growth 2023-2028 (%)
7.5 Frozen meat and poultry - Market size and forecast 2023-2028
Exhibit 55: Chart on Frozen meat and poultry - Market size and forecast 2023-2028 ($ billion)
Exhibit 56: Data Table on Frozen meat and poultry - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Chart on Frozen meat and poultry - Year-over-year growth 2023-2028 (%)
Exhibit 58: Data Table on Frozen meat and poultry - Year-over-year growth 2023-2028 (%)
7.6 Frozen fruits and vegetables - Market size and forecast 2023-2028
Exhibit 59: Chart on Frozen fruits and vegetables - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Frozen fruits and vegetables - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Frozen fruits and vegetables - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Frozen fruits and vegetables - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 63: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Product
Exhibit 67: Market opportunity by Product ($ billion)
Exhibit 68: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 70: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibit 71: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 72: Chart on Geographic comparison
Exhibit 73: Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2023-2028
Exhibit 74: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 75: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.4 UK - Market size and forecast 2023-2028
Exhibit 78: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 79: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 81: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.5 France - Market size and forecast 2023-2028
Exhibit 82: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 83: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 85: Data Table on France - Year-over-year growth 2023-2028 (%)
9.6 Italy - Market size and forecast 2023-2028
Exhibit 86: Chart on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibit 87: Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Chart on Italy - Year-over-year growth 2023-2028 (%)
Exhibit 89: Data Table on Italy - Year-over-year growth 2023-2028 (%)
9.7 Rest of EU - Market size and forecast 2023-2028
Exhibit 90: Chart on Rest of EU - Market size and forecast 2023-2028 ($ billion)
Exhibit 91: Data Table on Rest of EU - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Chart on Rest of EU - Year-over-year growth 2023-2028 (%)
Exhibit 93: Data Table on Rest of EU - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity By Geographical Landscape
Exhibit 94: Market opportunity By Geographical Landscape ($ billion)
Exhibit 95: Data Table on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 96: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 97: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 98: Overview on factors of disruption
11.4 Industry risks
Exhibit 99: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 100: Vendors covered
12.2 Market positioning of vendors
Exhibit 101: Matrix on vendor position and classification
12.3 Ajinomoto Co. Inc.
Exhibit 102: Ajinomoto Co. Inc. - Overview
Exhibit 103: Ajinomoto Co. Inc. - Business segments
Exhibit 104: Ajinomoto Co. Inc. - Key offerings
Exhibit 105: Ajinomoto Co. Inc. - Segment focus
12.4 Aryzta AG
Exhibit 106: Aryzta AG - Overview
Exhibit 107: Aryzta AG - Business segments
Exhibit 108: Aryzta AG - Key offerings
Exhibit 109: Aryzta AG - Segment focus
12.5 BRF SA
Exhibit 110: BRF SA - Overview
Exhibit 111: BRF SA - Product / Service
Exhibit 112: BRF SA - Key offerings
12.6 Cargill Inc.
Exhibit 113: Cargill Inc. - Overview
Exhibit 114: Cargill Inc. - Product / Service
Exhibit 115: Cargill Inc. - Key news
Exhibit 116: Cargill Inc. - Key offerings
12.7 CONGELADOS CIENTOCINCO, S.L.
Exhibit 117: CONGELADOS CIENTOCINCO, S.L. - Overview
Exhibit 118: CONGELADOS CIENTOCINCO, S.L. - Product / Service
Exhibit 119: CONGELADOS CIENTOCINCO, S.L. - Key offerings
12.8 Dr. August Oetker KG
Exhibit 120: Dr. August Oetker KG - Overview
Exhibit 121: Dr. August Oetker KG - Product / Service
Exhibit 122: Dr. August Oetker KG - Key offerings
12.9 FRoSTA AG
Exhibit 123: FRoSTA AG - Overview
Exhibit 124: FRoSTA AG - Business segments
Exhibit 125: FRoSTA AG - Key offerings
Exhibit 126: FRoSTA AG - Segment focus
12.10 General Mills Inc.
Exhibit 127: General Mills Inc. - Overview
Exhibit 128: General Mills Inc. - Business segments
Exhibit 129: General Mills Inc. - Key news
Exhibit 130: General Mills Inc. - Key offerings
Exhibit 131: General Mills Inc. - Segment focus
12.11 Iceland Foods Ltd.
Exhibit 132: Iceland Foods Ltd. - Overview
Exhibit 133: Iceland Foods Ltd. - Product / Service
Exhibit 134: Iceland Foods Ltd. - Key offerings
12.12 JBS SA
Exhibit 135: JBS SA - Overview
Exhibit 136: JBS SA - Business segments
Exhibit 137: JBS SA - Key offerings
Exhibit 138: JBS SA - Segment focus
12.13 Lantmannen Unibake International
Exhibit 139: Lantmannen Unibake International - Overview
Exhibit 140: Lantmannen Unibake International - Product / Service
Exhibit 141: Lantmannen Unibake International - Key offerings
12.14 McCain Foods Ltd.
Exhibit 142: McCain Foods Ltd. - Overview
Exhibit 143: McCain Foods Ltd. - Product / Service
Exhibit 144: McCain Foods Ltd. - Key offerings
12.15 Nestle SA
Exhibit 145: Nestle SA - Overview
Exhibit 146: Nestle SA - Business segments
Exhibit 147: Nestle SA - Key news
Exhibit 148: Nestle SA - Key offerings
Exhibit 149: Nestle SA - Segment focus
12.16 Nomad Foods Ltd.
Exhibit 150: Nomad Foods Ltd. - Overview
Exhibit 151: Nomad Foods Ltd. - Product / Service
Exhibit 152: Nomad Foods Ltd. - Key offerings
12.17 Orkla ASA
Exhibit 153: Orkla ASA - Overview
Exhibit 154: Orkla ASA - Business segments
Exhibit 155: Orkla ASA - Key news
Exhibit 156: Orkla ASA - Key offerings
Exhibit 157: Orkla ASA - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 158: Inclusions checklist
Exhibit 159: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 160: Currency conversion rates for US$
13.4 Research methodology
Exhibit 161: Research methodology
Exhibit 162: Validation techniques employed for market sizing
Exhibit 163: Information sources
13.5 List of abbreviations
Exhibit 164: List of abbreviations