Global Frozen Food Market 2024-2028

Global Frozen Food Market 2024-2028


The frozen food market is forecasted to grow by USD 150 bn during 2023-2028, accelerating at a CAGR of 8.09% 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 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 the 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 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.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Frozen Food Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Frozen Food Market 2018 - 2022 ($ billion)
    • Product Type segment analysis 2018 - 2022
    • Distribution Channel segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Product Type
    • Market segments
      • Table Data Table on Product Type - Market share 2023-2028 (%)
    • Comparison by Product Type
      • Table Data Table on Comparison by Product Type
    • Frozen ready meals - Market size and forecast 2023-2028
      • Table Data Table on Frozen ready meals - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Frozen ready meals - Year-over-year growth 2023-2028 (%)
    • Frozen meat and poultry - Market size and forecast 2023-2028
      • Table Data Table on Frozen meat and poultry - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Frozen meat and poultry - Year-over-year growth 2023-2028 (%)
    • Frozen fish and seafood - Market size and forecast 2023-2028
      • Table Data Table on Frozen fish and seafood - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Frozen fish and seafood - Year-over-year growth 2023-2028 (%)
    • Frozen fruits and vegetables - Market size and forecast 2023-2028
      • Table Data Table on Frozen fruits and vegetables - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Frozen fruits and vegetables - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product Type
      • Table Data Table on Market opportunity by Product Type ($ billion)
  • Market Segmentation by Distribution Channel
    • Market segments
      • Table Data Table on Distribution Channel - Market share 2023-2028 (%)
    • Comparison by Distribution Channel
      • Table Data Table on Comparison by Distribution Channel
    • Offline - Market size and forecast 2023-2028
      • Table Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • Online - Market size and forecast 2023-2028
      • Table Data Table on Online - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Online - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Distribution Channel
      • Table Data Table on Market opportunity by Distribution Channel ($ billion)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Expansion of retail stores offering frozen food
      • New product launches
      • Growing consumer inclination for vegan frozen food
    • Market challenges
      • Health risks associated with consumption of frozen ready meals
      • Challenges in warehousing frozen foods
      • Decline in consumption owing to rising obesity rates and other health concerns
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Technological innovations
      • Increasing mergers and acquisitions
      • Growing popularity of private-label frozen food products
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Ajinomoto Co. Inc.
    • ARYZTA AG
    • Conagra Brands Inc.
    • General Mills Inc.
    • Hanover Foods
    • J.R. Simplot Co.
    • Kellogg Co.
    • Lantmannen Unibake International
    • McCain Foods Ltd.
    • Nestle SA
    • Nomad Foods Ltd.
    • The Kraft Heinz Co.
    • Tyson Foods Inc.
    • Unilever PLC
    • Vandemoortele NV
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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