Europe Frozen Food Market Report and Forecast 2022-2027

Europe Frozen Food Market Report and Forecast 2022-2027

Market Outlook

According to Expert Market Research’s latest report, ‘Europe Frozen Food Market Report and Forecast 2022-2027’, the Europe frozen food market attained a value of USD 65.84 billion in 2021, aided by the expanding distribution channels.

Frozen foods are preserved from the time it is prepared until consumption. Some examples of frozen food include pizza, chips, sweet corn, sausages, peas, carrots, and others. There are two processes conducted to freeze the food namely, mechanical and cryogenic. The freezing slows down the process of decomposition and gives the food a prolonged shelf life. Also, the freezing process helps to lock in the nutrients and flavour of the product such as fruits and vegetables, offering more vitamins and minerals compared to the fresh variants. Additionally, frozen food is convenient to consume and affordable, and especially preferred by consumers during travelling.

The growing working-class segment and the increasing purchasing power in Europe are projected to bolster the frozen food industry in the forecast period. This can be attributed to the growing inclination towards ready-to-eat foods that require less preparation time, fuelled by the busy schedules of the working population. Furthermore, the easy availability of frozen food owing to rapid expansion of the e-commerce channels that offer a wide range of cost-effective frozen food products is further estimated to augment the market growth. Moreover, the increased availability of healthier options in the frozen food form and the increasing awareness regarding the exceptional nutritional value of frozen food are projected to propel the market growth. Additionally, the rapid technological upgradation such as the use of advanced refrigeration methods like isochoric freezing and the growing research and development activities to improve the processing, freezing, storage, and transportation operations of frozen food are expected to aid the market growth in the forecast period.

Market Segmentation

The market report by Expert Market Research analyses the market based on segmentations such as product, type, end use, and major region.

Market Breakup by Product

• Frozen Ready Meals
• Frozen Fish and Seafood
• Frozen Meat and Poultry
• Frozen Fruits and Vegetables
• Others

Market Breakup by Type

• Raw Material
• Half-Cooked
• Ready-To-Eat

Market Breakup by End Use

• Retail
• Food Service Industry
• Others

Market Breakup by Region:

• United Kingdom
• Germany
• France
• Italy
• Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry. Some of the major players in the market explored in the Expert Market Research report are:

• FRoSTA AG
• McCain Foods Limited
• Nestlé SA
• Nomad Foods Europe Limited
• Congelados Cientocinco, S.L
• Others

*We, at Expert Market Research, always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.