Frozen Food Market by Product, Freezing & Packaging Techniques, Type, Distribution, End User

List of Tables

[196 Pages Report] The Frozen Food Market size was estimated at USD 261.47 billion in 2023 and expected to reach USD 284.70 billion in 2024, at a CAGR 8.82% to reach USD 472.77 billion by 2030.

Frozen foods refer to a wide range of food items that have undergone freezing and storage at low temperatures, typically ranging from -18°C to -40°C. These food items include fruits, vegetables, meat, poultry, seafood, dairy products, baked goods, ready-to-eat meals, and other processed foods. The increasing demand for convenience in meal preparation is due to busy lifestyles, rising disposable incomes, and expanding urban populations. However, logistics and transportation issues involved in maintaining an uninterrupted cold chain from manufacturing facilities to retail outlets, and any failure in this process can result in product spoilage or contamination. In addition, technological advancements in refrigeration and packaging have further contributed to making frozen foods more accessible to a broader customer base.

KEY MARKET STATISTICS
Base Year [2023]	USD 261.47 billion
Estimated Year [2024]	USD 284.70 billion
Forecast Year [2030]	USD 472.77 billion
CAGR (%)	8.82%

Freezing & Packaging Techniques: Rising use of blast freezing

The freezing process is crucial in maintaining the quality, flavor, and nutritional value of frozen foods. There are several techniques and equipment used in the industry, catering to varying needs and preferences. The most common freezing methods include blast freezing and individual quick freezing, In this technique, each food item is separately frozen using cryogenic fluids or a mechanical freezer, and cryogenic freezing. Packaging plays a vital role in protecting frozen foods from external factors such as moisture, oxygen exposure, UV light penetration while also preserving their freshness during transportation and storage. The main categories of frozen food packaging materials and formats include flexible and rigid packaging.

Product: Increasing adoption of frozen vegetables and snacks

Frozen vegetables have become essential kitchen staples for many consumers due to their convenience and longer shelf life when compared to fresh produce. Frozen meat & seafood caters to busy households seeking quick meal solutions with minimal preparation time. Frozen snacks comprise ready-to-eat items that cater to various tastes and preferences. Frozen desserts satisfy consumer cravings for indulgence while offering the convenience of on-demand consumption.

Distribution Channel: Emerging sales of frozen foods through online distribution channel

The offline distribution channel has long been the primary means by which frozen foods reach customers. This encompasses various retail formats such as supermarkets, hypermarkets, convenience stores, and specialty retailers. The rise of eCommerce has transformed consumer behavior patterns significantly over recent years, leading many businesses within the frozen food industry to invest heavily in developing online distribution capabilities.

End-Use: Foodservice sector segment to displayed remarkable growth due to the convenience and quality

In the residential retail use sector, frozen food products are primarily purchased by individual households to be consumed at home. The availability of these products has made it easier for busy consumers to enjoy nutritious meal options without compromising on taste or quality. The commercial sector encompasses restaurants, fast-food chains, hotels, catering services, cafes, and other institutional facilities such as hospitals or schools where large quantities of frozen food are utilized.

Regional Insights

In the American region, consumers prioritize convenience and value for money when purchasing frozen products. The demand for healthy and innovative options drives manufacturers to invest in research and development. In Asia-Pacific, frozen food consumption in China has grown rapidly due to urbanization, increasing disposable incomes, and changing lifestyles. The aging population and a growing number of dual-income households in Japan have increased frozen food consumption. The European market has a high preference for organic, plant-based, and ethically produced frozen foods. Initiatives such as the European Commission's Farm to Fork Strategy aim to reduce greenhouse gas emissions by promoting sustainable food production practices. In the Middle East and Africa, there is a rising demand for halal-certified frozen foods due to religious preferences.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Frozen Food Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Frozen Food Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Frozen Food Market, highlighting leading vendors and their innovative profiles. These include Aryzta A.G., Associated British Foods PLC, Bonduelle S.A., Cargill Incorporated, Conagra Foods, Inc., General Mills Inc., Goya Foods, Inc., GreenYard, H.J. Heinz Company, Iceland Foods Ltd., JBS S.A., Kellogg Company, McCain Foods Limited, Mosaic Foods, Nestle S.A., Nichirei Corporation, and Nomad Foods Limited.

Market Segmentation & Coverage

This research report categorizes the Frozen Food Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Bakery Products
- Dairy Products
- Frozen Fish
- Frozen Fruits & Vegetables
- Frozen Meat
- Frozen Ready Meals
- Frozen Soup

Freezing & Packaging Techniques
- Freezing Techniques & Equipment
  - Air-Blast Freezers
  - Belt Freezers
  - Contact Freezers
  - Tunnel Freezers

Frozen Food Packaging
- Antimicrobials
- Edible Films
- Moisture Control
- Oxygen Scavengers
- Time Temperature Indicators

Type
- Half-Cooked
- Raw Material
- Ready-To-Drink
- Ready-To-Eat

Distribution
- Offline
- Online

End User
- Food Service Industry
- Retail Users

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Frozen Food Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Frozen Food Market?

3. What are the technology trends and regulatory frameworks in the Frozen Food Market?

4. What is the market share of the leading vendors in the Frozen Food Market?

5. Which modes and strategic moves are suitable for entering the Frozen Food Market?

Product Code: MRR-434CCDA04168

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing Purchasing Power of Consumers, Change in Lifestyle and Food Habits
  - 5.1.1.2. Rising Demand for Convenience Food Coupled with Surge in Female Working Population
  - 5.1.1.3. Technological Advancements in the Cold Chain Offering Operational Excellence
- 5.1.2. Restraints
  - 5.1.2.1. Preference for Fresh and Natural Food Products
  - 5.1.2.2. Need of Constant Temperature Monitoring
- 5.1.3. Opportunities
  - 5.1.3.1. Rapid Digital Development of the Food Service Industry
  - 5.1.3.2. Improved Storage Facility in Small Retail Stores
  - 5.1.3.3. Growing Processed Food Trade
- 5.1.4. Challenges
  - 5.1.4.1. Limited Cold Chain Infrastructure in Developing Economies
5.2. Market Segmentation Analysis
- 5.2.1. Freezing & Packaging Techniques: Rising use of blast freezing
- 5.2.2. Product: Increasing adoption of frozen vegetables and snacks
- 5.2.3. Distribution Channel: Emerging sales of frozen foods through online distribution channel
- 5.2.4. End-Use: Foodservice sector segment to displayed remarkable growth due to the convenience and quality
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Frozen Food Market, by Product

6.1. Introduction
6.2. Bakery Products
6.3. Dairy Products
6.4. Frozen Fish
6.5. Frozen Fruits & Vegetables
6.6. Frozen Meat
6.7. Frozen Ready Meals
6.8. Frozen Soup

7. Frozen Food Market, by Freezing & Packaging Techniques

7.1. Introduction
7.2. Freezing Techniques & Equipment
7.3. Frozen Food Packaging

8. Frozen Food Market, by Type

8.1. Introduction
8.2. Half-Cooked
8.3. Raw Material
8.4. Ready-To-Drink
8.5. Ready-To-Eat

9. Frozen Food Market, by Distribution

9.1. Introduction
9.2. Offline
9.3. Online

10. Frozen Food Market, by End User

10.1. Introduction
10.2. Food Service Industry
10.3. Retail Users

11. Americas Frozen Food Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Frozen Food Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Frozen Food Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Real Good Foods Announces Launch of Two New Global Entrees and Expansion into Publix Stores
- 14.3.2. Bikano Launches Range of Frozen Products in International Market
- 14.3.3. McCain Foods Acquires Scelta Products
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio