Global Frozen Food Market 2023-2027

Global Frozen Food Market 2023-2027

The frozen food market is forecasted to grow by USD 132.77 bn during 2022-2027, accelerating at a CAGR of 7.73% during the forecast period. The report on the frozen food market 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 the expansion of retail stores offering frozen food, new product launches, and growing consumer inclination for vegan frozen food.

Technavio's frozen food market is segmented as below:

By Product Type

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

By Distribution Channel

• Offline
• Online

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies technological innovations as one of the prime reasons driving the frozen food market growth during the next few years. Also, increasing mergers and acquisitions and the growing popularity of private-label frozen food products will lead to sizable demand in the market.

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

• Frozen food market sizing
• Frozen food market forecast
• Frozen food market 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 vendors that include Ajinomoto Co. Inc., Aryzta AG, Conagra Brands Inc., Dr. August Oetker Nahrungsmittel KG, General Mills Inc., Hanover Foods, J.R. Simplot Co., JBS SA, Kellogg Co., Lantmannen Unibake International, McCain Foods Ltd., Nestle SA, Nomad Foods Ltd., PNW Veg Co. LLC dba NORPAC, Smith Frozen Foods Inc., The Kraft Heinz Co., Tyson Foods Inc., Unilever PLC, Vandemoortele NV, and Wawona Frozen Foods Inc. Also, the frozen food market 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.