India Frozen Food Market 2023-2027

Technavio has been monitoring the frozen food market in India and is forecast to grow by $1478.91 mn during 2022-2027, accelerating at a CAGR of 14.12% during the forecast period. Our report on the frozen food market in India 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 desire for convenience, rapid e-commerce penetration boosting market growth, and rising demand from QSRs.

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

By Product

Ready to cook
Ready to eat

By Distribution Channel

Online
Offline

This study identifies the expanding organized retail landscape as one of the prime reasons driving the frozen food market growth during the next few years. Also, product launches and expansion by private-label brands and growing demand for RTE foods will lead to sizable demand in the market.

Technavio 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. Our report on the frozen food market in India covers the following areas:

Frozen food market sizing
Frozen food market forecast
Frozen food market industry analysis

Technavio's 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 vendors that include Ajinomoto Co. Inc., Apex Frozen Foods Ltd., Associated British Foods Plc, Capricorn Food Products India Ltd., Conagra Brands Inc., Corporativo Bimbo SA de CV, DARSHAN FOODS PVT. LTD., Frozen Tropicals Pvt. Ltd., General Mills Inc., Godrej Agrovet Ltd., HyFunFoods Pvt. Ltd., Innovative Foods Ltd., ITC Ltd., McCain Foods Ltd., Mother Dairy Fruit and Vegetable Pvt. Ltd., Nestle SA, Savola Group, Top Fresh International Pvt. Ltd., Unilever PLC, and VH Group. Also, the frozen food market in India 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71519

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 Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Frozen food market in India 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Frozen food market in India 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 25: Chart on Product - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product
6.3 Ready to cook - Market size and forecast 2022-2027
Exhibit 29: Chart on Ready to cook - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Ready to cook - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Ready to cook - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Ready to cook - Year-over-year growth 2022-2027 (%)
6.4 Ready to eat - Market size and forecast 2022-2027
Exhibit 33: Chart on Ready to eat - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Ready to eat - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Ready to eat - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Ready to eat - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 37: Market opportunity by Product ($ million)
Exhibit 38: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 39: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 40: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 41: Chart on Comparison by Distribution Channel
Exhibit 42: Data Table on Comparison by Distribution Channel
7.3 Online - Market size and forecast 2022-2027
Exhibit 43: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.4 Offline - Market size and forecast 2022-2027
Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 51: Market opportunity by Distribution Channel ($ million)
Exhibit 52: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 54: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 56: Overview on factors of disruption
10.4 Industry risks
Exhibit 57: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 58: Vendors covered
11.2 Market positioning of vendors
Exhibit 59: Matrix on vendor position and classification
11.3 Ajinomoto Co. Inc.
Exhibit 60: Ajinomoto Co. Inc. - Overview
Exhibit 61: Ajinomoto Co. Inc. - Business segments
Exhibit 62: Ajinomoto Co. Inc. - Key news
Exhibit 63: Ajinomoto Co. Inc. - Key offerings
Exhibit 64: Ajinomoto Co. Inc. - Segment focus
11.4 Apex Frozen Foods Ltd.
Exhibit 65: Apex Frozen Foods Ltd. - Overview
Exhibit 66: Apex Frozen Foods Ltd. - Product / Service
Exhibit 67: Apex Frozen Foods Ltd. - Key offerings
11.5 Capricorn Food Products India Ltd.
Exhibit 68: Capricorn Food Products India Ltd. - Overview
Exhibit 69: Capricorn Food Products India Ltd. - Product / Service
Exhibit 70: Capricorn Food Products India Ltd. - Key offerings
11.6 DARSHAN FOODS PVT. LTD.
Exhibit 71: DARSHAN FOODS PVT. LTD. - Overview
Exhibit 72: DARSHAN FOODS PVT. LTD. - Product / Service
Exhibit 73: DARSHAN FOODS PVT. LTD. - Key offerings
11.7 Frozen Tropicals Pvt. Ltd.
Exhibit 74: Frozen Tropicals Pvt. Ltd. - Overview
Exhibit 75: Frozen Tropicals Pvt. Ltd. - Product / Service
Exhibit 76: Frozen Tropicals Pvt. Ltd. - Key offerings
11.8 Godrej Agrovet Ltd.
Exhibit 77: Godrej Agrovet Ltd. - Overview
Exhibit 78: Godrej Agrovet Ltd. - Business segments
Exhibit 79: Godrej Agrovet Ltd. - Key offerings
Exhibit 80: Godrej Agrovet Ltd. - Segment focus
11.9 HyFunFoods Pvt. Ltd.
Exhibit 81: HyFunFoods Pvt. Ltd. - Overview
Exhibit 82: HyFunFoods Pvt. Ltd. - Product / Service
Exhibit 83: HyFunFoods Pvt. Ltd. - Key offerings
11.10 Innovative Foods Ltd.
Exhibit 84: Innovative Foods Ltd. - Overview
Exhibit 85: Innovative Foods Ltd. - Product / Service
Exhibit 86: Innovative Foods Ltd. - Key offerings
11.11 ITC Ltd.
Exhibit 87: ITC Ltd. - Overview
Exhibit 88: ITC Ltd. - Business segments
Exhibit 89: ITC Ltd. - Key offerings
Exhibit 90: ITC Ltd. - Segment focus
11.12 McCain Foods Ltd.
Exhibit 91: McCain Foods Ltd. - Overview
Exhibit 92: McCain Foods Ltd. - Product / Service
Exhibit 93: McCain Foods Ltd. - Key offerings
11.13 Mother Dairy Fruit and Vegetable Pvt. Ltd.
Exhibit 94: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Overview
Exhibit 95: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Product / Service
Exhibit 96: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Key offerings
11.14 Savola Group
Exhibit 97: Savola Group - Overview
Exhibit 98: Savola Group - Product / Service
Exhibit 99: Savola Group - Key offerings
11.15 Top Fresh International Pvt. Ltd.
Exhibit 100: Top Fresh International Pvt. Ltd. - Overview
Exhibit 101: Top Fresh International Pvt. Ltd. - Product / Service
Exhibit 102: Top Fresh International Pvt. Ltd. - Key offerings
11.16 Unilever PLC
Exhibit 103: Unilever PLC - Overview
Exhibit 104: Unilever PLC - Business segments
Exhibit 105: Unilever PLC - Key news
Exhibit 106: Unilever PLC - Key offerings
Exhibit 107: Unilever PLC - Segment focus
11.17 VH Group
Exhibit 108: VH Group - Overview
Exhibit 109: VH Group - Business segments
Exhibit 110: VH Group - Key offerings
Exhibit 111: VH Group - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 112: Inclusions checklist
Exhibit 113: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 114: Currency conversion rates for US$
12.4 Research methodology
Exhibit 115: Research methodology
Exhibit 116: Validation techniques employed for market sizing
Exhibit 117: Information sources
12.5 List of abbreviations
Exhibit 118: List of abbreviations