The global frozen food market size is expected treach USD 340.38 billion by 2034, according ta new study by Polaris Market Research. The report “Frozen Food Market Size, Share, Trends, Industry Analysis Report: By Product, Freezing Technology (Individual Quick Freezing (IQF), Blast Freezing, and Belt Freezing), Distribution Channel, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025-2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
The frozen food market is dynamic and rapidly growing due tevolving consumer lifestyles, technological advancements in food preservation, and an increasing preference for convenience. Frozen foods encompass a wide range of products, including ready-to-eat meals, fruits, vegetables, seafood, meat, and bakery products, catering tboth retail and food service sectors. This market has experienced substantial growth due turbanization, the rise of dual-income households, and a growing awareness of nutritional value and food safety standards.
The increasing pace of life has made convenience vital for consumers, significantly boosting the demand for frozen food products. Urbanization and the proliferation of working professionals have reduced the time available for meal preparation, leading ta preference for frozen food options. These products are easy tstore, have a longer shelf life, and are more economical than fresh alternatives, making them an attractive choice for modern consumers. Additionally, advancements in freezing technology, such as individually quick freezing (IQF) and cryogenic freezing, have enhanced the quality and taste of frozen food, further driving its popularity.
Frozen Food Market Report Highlights
In terms of distribution channels, the online stores segment is projected tgrow at a rapid pace during the forecast period, owing tthe rising digitalization and e-commerce adoption.
Based on freezing technology, the individual quick freezing (IQF) segment held the largest frozen food market share in 2024 due tits superior ability tpreserve the quality, texture, and nutritional value of food products.
In the global market, the frozen food market in North America held the highest revenue share in 2024 due tstrong consumer demand, well-established retail infrastructure, and advanced cold chain logistics.
Asia Pacific frozen food market is expected twitness a significant CAGR over the forecast period due trapid urbanization, an expanding middle class, and evolving consumer preferences.
Some of the global key market players are Unilever; Nestlé S.A.; General Mills, Inc.; Nomad Foods Ltd.; Tyson Foods Inc.; Conagra Brands Inc.; Wawona Frozen Foods; BellisiParent, LLC; The Kellogg Company; and The Kraft Heinz Company.
Polaris Market Research has segmented the frozen food market report based on product, freezing technology, distribution channel, and region:
By Product Outlook (Revenue, USD Billion, 2020 - 2034)
Frozen Soups
Frozen Ready Meals
Frozen Seafood
Frozen Meat and Poultry
Frozen Fruit and Vegetables
Frozen Potatoes
By Freezing Technology Outlook (Revenue, USD Billion, 2020 - 2034)
Individual Quick Freezing (IQF)
Blast Freezing
Belt Freezing
By Distribution Channel Outlook (Revenue, USD Billion, 2020 - 2034)
Offline Retail Stores
Hypermarkets & Supermarkets
Convenience Stores
Online Stores
By Regional Outlook (Revenue, USD Billion, 2020 - 2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
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