Global Frozen Food Market Growth 2023-2029

Global Frozen Food Market Growth 2023-2029

Freezing food preserves it from the time it is prepared to the time it is eaten. Since early times, farmers, fishermen, and trappers have preserved grains and produce in unheated buildings during the winter season. Freezing food slows down decomposition by turning residual moisture into ice, inhibiting the growth of most bacterial species. In the food commodity industry, there are two processes: mechanical and cryogenic (or flash freezing). The freezing kinetics is important to preserve the food quality and texture. Quicker freezing generates smaller ice crystals and maintains cellular structure. Cryogenic freezing is the quickest freezing technology available due to the ultra low liquid nitrogen temperature −196 °C (−320 °F).

LPI (LP Information)' newest research report, the “Frozen Food Industry Forecast” looks at past sales and reviews total world Frozen Food sales in 2022, providing a comprehensive analysis by region and market sector of projected Frozen Food sales for 2023 through 2029. With Frozen Food sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Frozen Food industry.

This Insight Report provides a comprehensive analysis of the global Frozen Food landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Frozen Food portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Frozen Food market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Frozen Food and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Frozen Food.

The global Frozen Food market size is projected to grow from US$ 188920 million in 2022 to US$ 253430 million in 2029; it is expected to grow at a CAGR of 253430 from 2023 to 2029.

The convenience of frozen food is the key factor which is expected to drive the frozen food market growth over the forecast period. Hectic lifestyle leads to unhealthy eating habit, customers regard ready-to-eat food products as main meal and they may buy a lot to store in the home. In addition, children preference is another factor leading to demand for frozen food, especially for frozen meat and poultry, which can be attracted by children and teenagers. On the basis of region，North America dominates frozen food market. U.S is holding the largest market share of frozen food market due to hectic lifestyle of population and fast adoption of the products in the region. European countries including Germany, Denmark, Spain, U.K., Italy, Switzerland, Norway and France are expected to witness the potential growth over the forecast period. At the same time, the frozen food market.APCP region is anticipated to grow owing to rapid population growth. However, some potential problems such as food safety have not been solved.

This report presents a comprehensive overview, market shares, and growth opportunities of Frozen Food market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Frozen Ready-To-Eat Meals
Frozen Meat and Poultry
Frozen Fish and Seafood
Frozen Fruits and Vegetables
Frozen Potato Products
Frozen Soup

Segmentation by application
Retail
Business Customers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nestle
ConAgra
H.J. Heinz
Amy's Kitchen
Conagra Brands
McCain Foods
Tyson Foods
Unilever
Simplot Food Group
Seneca Foods Corporation
Ralcorp Frozen Bakery Products
Kraft Food
Mccain Foods
Iceland Foods
Goya Foods

Key Questions Addressed in this Report

What is the 10-year outlook for the global Frozen Food market?

What factors are driving Frozen Food market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Frozen Food market opportunities vary by end market size?

How does Frozen Food break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.