Frozen Food Market by Product (Bakery Products, Dairy Products, Frozen Fish), Freezing & Packaging Techniques (Freezing Techniques & Equipment, Frozen Food Packaging), Type, Distribution, End User - Global Forecast 2024-2030

Frozen Food Market by Product (Bakery Products, Dairy Products, Frozen Fish), Freezing & Packaging Techniques (Freezing Techniques & Equipment, Frozen Food Packaging), Type, Distribution, End User - Global Forecast 2024-2030

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.

Global Frozen Food MarketFrozen 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.Regional InsightsIn 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?

Note: PDF & Excel + Online Access - 1 Year