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    Frozen Foods Market

    ID: MRFR/F-B & N/6116-CR
    100 Pages
    Snehal Singh
    February 2021

    Global Frozen Foods Market Research Report By Product Type (Frozen Vegetables, Frozen Fruits, Frozen Meat, Frozen Fish, Frozen Ready Meals), By Distribution Channel (Supermarkets, Hypermarkets, Convenience Stores, Online Retail, Specialty Stores), By End User (Household, Food Service, Retail), By Packaging Type (Bags, Boxes, Cartons, Cans) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

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    Frozen Foods Market Infographic
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    Frozen Foods Market Summary

    As per Market Research Future Analysis, the Global Frozen Foods Market was valued at 298.24 USD Billion in 2023 and is projected to grow to 450 USD Billion by 2035, with a CAGR of 3.49% from 2025 to 2035. The market is driven by increasing consumer demand for convenience foods, urbanization, and a shift towards healthier frozen options. Key players are innovating to meet these trends, enhancing product offerings and distribution channels.

    Key Market Trends & Highlights

    The global frozen foods industry is witnessing significant growth driven by evolving consumer preferences.

    • Frozen Vegetables market size is expected to grow from 91.5 USD Billion in 2024 to 130.0 USD Billion by 2035.
    • Frozen Ready Meals are projected to increase from 53.0 USD Billion in 2024 to 75.0 USD Billion by 2035.
    • Approximately 60% of consumers prefer ready-to-eat meals, leading to a 20% increase in frozen ready-to-eat meal sales over the last three years.
    • Urban populations are expected to grow by over 2.5 billion by 2050, driving demand for convenient food solutions.

    Market Size & Forecast

    2023 Market Size USD 298.24 Billion
    2024 Market Size USD 308.65 Billion
    2035 Market Size USD 450 Billion
    CAGR (2025-2035) 3.49%

    Major Players

    Key players include Kraft Heinz, Schwan's Company, Conagra Brands, Unilever, Mondelēz International, Pinnacle Foods, Nestlé, PepsiCo, Green Giant, McCain Foods, Dawn Foods, Bertolli, Tyson Foods, and Birds Eye.

    Frozen Foods Market Trends

    The global frozen foods industry is expanding significantly due to a number of customer preferences and market factors. The increased awareness of frozen items' extended shelf life and the growing need for quick meal alternatives among busy customers are major industry drivers. Because quick and simple meal preparation is a priority in urban living, this convenience feature is especially appealing to urban residents. In order to appeal to a wider range of consumers, producers are also concentrating on creating frozen foods that retain nutritional integrity, such as frozen fruits and vegetables, as health consciousness rises.

    The growing range of frozen foods as providers experiment with plant-based and gourmet alternatives in addition to their usual offers presents opportunities to be investigated. By drawing in flexitarian customers and those looking for healthier options, this innovation can increase its market appeal. 

    In addition, frozen food merchants are investing in improved cold chain infrastructure and logistics as e-commerce becomes more popular worldwide in order to guarantee that product quality is preserved throughout delivery, which presents another chance for market expansion. A move toward high-end frozen food alternatives is evident in current trends, with manufacturers placing an emphasis on sustainable sourcing methods and high-quality ingredients. Growing consumer acuity over food choices has led to a surge in demand for farm-fresh and organic frozen products.

    Moreover, social media influences buying behavior, prompting brands to engage with consumers online, showcasing recipes and culinary inspiration. This trend aligns with the evolving shopper mentality that seeks not only convenience but also quality and experience in food consumption. These aspects illustrate the dynamic landscape of the Global Frozen Foods Market, where consumer habits and technological advancements are shaping future opportunities.

    The global frozen foods market is experiencing a notable shift towards convenience and health-conscious options, reflecting changing consumer preferences and lifestyles.

    U.S. Department of Agriculture

    Frozen Foods Market Drivers

    Market Growth Projections

    The Global Frozen Foods Market Industry is poised for substantial growth, with projections indicating a market value of 450 USD Billion by 2035. This growth trajectory is supported by various factors, including rising consumer demand for convenience foods and health-oriented products. The market is expected to experience a CAGR of 3.49% from 2025 to 2035, reflecting a steady increase in consumer interest and investment in frozen food innovations. As manufacturers adapt to changing consumer preferences and enhance product offerings, the industry is likely to witness continued expansion, positioning itself as a key player in the global food market.

    Health and Wellness Trends

    The Global Frozen Foods Market Industry is influenced by a rising awareness of health and wellness among consumers. As individuals become more health-conscious, there is a growing demand for frozen foods that offer nutritional benefits, such as organic or low-calorie options. This shift is evident in the increasing availability of frozen fruits, vegetables, and whole grain products, which cater to health-oriented consumers. The market is expected to grow significantly, with projections indicating a value of 450 USD Billion by 2035. This trend suggests that manufacturers are likely to innovate and expand their product lines to meet the evolving preferences of health-conscious shoppers.

    Expansion of Retail Channels

    The Global Frozen Foods Market Industry benefits from the expansion of retail channels, including supermarkets, hypermarkets, and online platforms. As consumers seek greater accessibility to frozen products, retailers are responding by increasing their frozen food offerings. The rise of e-commerce has further facilitated this trend, allowing consumers to purchase frozen foods conveniently from home. This expansion is likely to contribute to the market's growth, as it provides consumers with a wider variety of options. The increasing presence of frozen food sections in retail stores indicates a strategic focus on meeting consumer demand, thereby enhancing the overall market landscape.

    Rising Demand for Convenience Foods

    The Global Frozen Foods Market Industry experiences a notable increase in demand for convenience foods, driven by changing consumer lifestyles. As individuals seek quick meal solutions, frozen foods provide an appealing option due to their ease of preparation and extended shelf life. In 2024, the market is valued at approximately 308.6 USD Billion, reflecting a growing preference for ready-to-eat meals. This trend is particularly evident among busy professionals and families, who prioritize time efficiency without compromising on nutrition. The convenience factor is likely to propel the market further, as consumers increasingly opt for frozen products that align with their fast-paced lives.

    Growing Urbanization and Changing Lifestyles

    Urbanization and changing lifestyles significantly impact the Global Frozen Foods Market Industry. As more individuals migrate to urban areas, there is a shift in dietary habits, with a preference for convenient and quick meal solutions. This demographic change is accompanied by an increase in disposable income, allowing consumers to spend more on quality frozen products. The market's growth is indicative of these evolving consumer behaviors, as urban dwellers seek products that align with their busy lifestyles. The combination of urbanization and changing dietary preferences is likely to drive demand for frozen foods, further solidifying the industry's position in the global market.

    Technological Advancements in Freezing Techniques

    Technological advancements in freezing techniques play a crucial role in shaping the Global Frozen Foods Market Industry. Innovations such as flash freezing and improved packaging technologies enhance the quality and shelf life of frozen products. These advancements not only preserve the nutritional value of food but also improve the overall consumer experience. As a result, manufacturers are increasingly adopting these technologies to maintain competitive advantages. The market's growth trajectory, with a projected CAGR of 3.49% from 2025 to 2035, indicates that continued investment in technology will be essential for meeting consumer expectations and driving sales in the frozen foods sector.

    Market Segment Insights

    Frozen Foods Market Product Type Insights

    The Global Frozen Foods Market is diverse and encompasses various product types, including Frozen Vegetables, Frozen Fruits, Frozen Meat, Frozen Fish, and Frozen Ready Meals, which collectively play a crucial role in meeting the demand for convenient, long-lasting food options. In 2024, the valuation of Frozen Vegetables reached approximately 91.5 USD Billion, considerably representing a significant portion of the market as consumers increasingly recognize the nutritional benefits and culinary versatility of frozen vegetables.

    This category is expected to grow to 130.0 USD Billion by 2035, indicating its robust position in the market, driven by health-conscious consumers seeking quick meal solutions while retaining essential nutrients.

    Additionally, Frozen Fruits, valued at about 50.25 USD Billion in 2024, is expected to expand to 70.0 USD Billion by 2035. This segment caters to the rising trend of smoothies, desserts, and healthy snacks, appealing to a broader demographic that prioritizes convenience without compromising on health. Frozen Meat, valued at 70.5 USD Billion in 2024, is anticipated to reach 110.0 USD Billion by 2035, reflecting a significant demand for protein-rich food options that provide convenience and ease of preparation.

    The ability to store meat for extended periods while preserving taste and quality has made this category immensely popular among consumers.On the other hand, the Frozen Fish segment, valued at 43.4 USD Billion in 2024 and projected to rise to 65.0 USD Billion by 2035, highlights the growing inclination towards marine protein sources, aligning with the increasing awareness of health benefits related to fish consumption and sustainability.

    Meanwhile, Frozen Ready Meals, at a valuation of 53.0 USD Billion in 2024 with an expected increase to 75.0 USD Billion by 2035, caters to busy lifestyles, offering quick meal options that appeal to time-strapped consumers without sacrificing taste or quality.

    Frozen Foods Market Distribution Channel Insights

    The Global Frozen Foods Market has been experiencing substantial growth through various distribution channels. Distribution channels play a crucial role in facilitating the reach of frozen food products to consumers, with supermarkets and hypermarkets being significant players in this segment, providing convenience and a wide selection for shoppers. Convenience stores, capitalizing on the demand for quick meal solutions, have also gained traction, attracting consumers seeking immediate options.Online retail has emerged as a prominent channel, especially post-2020, with an increasing number of consumers opting for home deliveries, resulting in a notable shift in shopping habits.

    Specialty stores cater to niche markets with unique frozen food offerings, catering to specific dietary needs and gourmet preferences. As the Global Frozen Foods Market data indicates, each channel contributes uniquely to market growth, driven by changing consumer preferences, the rise in on-the-go lifestyles, and innovations in frozen food technology. These dynamics present both challenges and opportunities as companies strive to adapt to evolving consumer behavior and competitive pressures within the Global Frozen Foods Market industry.

    Frozen Foods Market End User Insights

    The Global Frozen Foods Market reveals diverse opportunities across the End User segment, which encompasses Household, Food Service, and Retail categories. In 2024, the market itself was expected to reach a valuation of 308.65 USD Billion, reflecting robust growth driven by changing consumer lifestyles and preferences for convenient meal solutions. Households represent a significant portion of this market, as more consumers are opting for frozen foods for their convenience and longer shelf life.

    Meanwhile, the Food Service sector plays a crucial role, serving as a primary source of demand for frozen foods in restaurants and catering, highlighting the importance of efficiency and consistency in food preparation.The Retail segment also significantly contributes to the Global Frozen Foods Market revenues, with an increasing variety of products available to consumers compared to previous years. Growth drivers include a rising demand for quick meal options and a shift towards healthier frozen food alternatives. However, challenges remain, such as concerns around nutritional value and the impact of food waste.

    Overall, the Global Frozen Foods Market statistics indicate a dynamic landscape with ample opportunities for innovation and expansion, reflecting a strong trajectory for the industry through 2035.

    Frozen Foods Market Packaging Type Insights

    The Global Frozen Foods Market was valued 308.65 USD Billion in 2024, reflecting a strong growth trajectory in the sector driven by the efficacy and convenience that various Packaging Type options provide. The segmentation within the market includes Packaging Types such as Bags, Boxes, Cartons, and Cans, each fulfilling specific consumer needs and preferences. Bags are particularly popular due to their lightweight and flexible nature, making them an efficient choice for various frozen products.

    Boxes and Cartons often dominate the packaging of larger items, providing excellent protection and ensuring product integrity during transportation and storage.Cans are also significant as they offer a longer shelf life and are favored for certain frozen food items. The rise in consumer demand for ready-to-eat and easy-to-prepare meals can be attributed to busy lifestyles, accentuating the importance of efficient packaging. Furthermore, sustainable packaging solutions have emerged as a vital trend, with consumers increasingly favoring products in eco-friendly packaging. Thus, tracking Global Frozen Foods Market data and trends in Packaging Type is essential for understanding market dynamics and consumer behavior.

    Get more detailed insights about Frozen Foods Market Research Report - Forecast till 2035

    Regional Insights

    In 2024, the Global Frozen Foods Market revenue was valued 308.65 USD Billion, with significant contributions from regional segments. North America dominates this market with a valuation of 100.0 USD Billion, which is substantial due to the strong demand for convenience foods and a growing preference for frozen meals. Europe follows closely, valued at 85.0 USD Billion, where the trend for healthy and organic frozen products is gaining momentum among consumers.

    The APAC region, valued at 65.0 USD Billion, shows robust growth driven by increasing urbanization and the expansion of retail chains.South America is valued at 30.0 USD Billion, with steady market growth attributed to rising disposable incomes and lifestyle changes. Meanwhile, the MEA region's valuation of 28.65 USD Billion reflects a growing interest in diverse culinary offerings and convenience, with the potential for further expansion as frozen food adoption increases.

    Each of these regions presents unique market growth opportunities and challenges, contributing to the overall dynamics of the Global Frozen Foods Market industry, which is poised for steady growth through 2035.

    Frozen Foods Market Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Global Frozen Foods Market exhibits a dynamic and competitive landscape characterized by the presence of numerous key players who strive to capitalize on the growing consumer demand for convenience, quality, and variety in frozen foods. The market is influenced by ever-evolving consumer preferences, technological innovations in food preservation, and heightened health consciousness, which has led to an increasing inclination towards frozen vegetables, ready-to-eat meals, and snacks. Players within this sector continually adapt their product offerings and marketing strategies to maintain their competitive edge. 

    As the frozen food segment continues to expand, market participants are focusing on enhancing their distribution channels, maximizing product shelf life, and ensuring food safety while also venturing into strategic partnerships and alliances for sustainable growth.Kraft Heinz stands as a formidable entity in the Global Frozen Foods Market, notable for its extensive portfolio of products that cater to a wide range of consumer needs. The company enjoys a strong market presence driven by its well-known brand identity, which resonates with consumers who prioritize quality and convenience.

    Kraft Heinz leverages its broad distribution network and innovative marketing strategies to ensure the availability of its frozen food products in various retail outlets. The company's strengths lie in its ability to adapt to changing consumer trends, focusing on healthier frozen options while enhancing its classic offerings. 

    Additionally, Kraft Heinz is well-positioned to exploit opportunities through its investments in product innovation, meeting the increasing demand for organic and plant-based frozen foods, which are becoming increasingly popular among health-conscious consumers.Schwan's Company plays a significant role in shaping the Global Frozen Foods Market, recognized for its diverse range of frozen products, including meals, snacks, and desserts tailored to meet evolving consumer tastes. Schwan's Company bolsters its market presence through robust direct-to-consumer channels, making it accessible to a broad audience.

    The company's strengths are rooted in its established reputation for quality and innovation, enabling it to respond swiftly to market demands and capitalize on emerging trends. With key product lines that highlight convenience and health, Schwan's Company has been actively engaging in mergers and acquisitions to enhance its market portfolio and expand its operational capacities. These strategic maneuvers enable Schwan's Company to solidify its position in the global market while continuously evolving its offerings to cater to various dietary preferences, thus reinforcing its competitiveness in an increasingly crowded sector.

    Key Companies in the Frozen Foods Market market include

    Industry Developments

    Recent developments in the Global Frozen Foods Market have indicated significant growth and innovation among key players. Kraft Heinz announced the expansion of its frozen ready meals portfolio in March 2023, responding to rising consumer demand for convenient dining options. In April 2023, Unilever introduced a new line of plant-based frozen meals under its brand, catering to the increasing trend toward vegetarian and vegan diets.

    Meanwhile, Conagra Brands is making strides in sustainability with its commitment to reducing plastic in packaging for its frozen food products, announced in May 2023.In the realm of mergers and acquisitions, Pinnacle Foods was acquired by Conagra Brands in June 2018, further strengthening its market position. 

    Additionally, in February 2023, Tyson Foods completed the acquisition of a local frozen meal producer, enhancing its reach within the frozen segment. The Global Frozen Foods Market continues to see opportunities driven by convenience, health-conscious products, and innovative offerings from companies like Nestle and McCain Foods, reflecting changing consumer tastes and preferences in recent years. The market’s anticipated valuation growth showcases its resilience and potential within the food industry, emphasizing the importance of adaptability among leading companies.

    Future Outlook

    Frozen Foods Market Future Outlook

    The Global Frozen Foods Market is projected to grow at a 3.49% CAGR from 2024 to 2035, driven by convenience, health trends, and technological advancements in food preservation.

    New opportunities lie in:

    • Invest in plant-based frozen options to cater to health-conscious consumers.
    • Leverage e-commerce platforms for direct-to-consumer frozen food sales.
    • Enhance supply chain efficiencies through advanced logistics technologies.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and innovative product offerings.

    Market Segmentation

    Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Frozen Foods Market End User Outlook

    • Bags
    • Boxes
    • Cartons
    • Cans

    Frozen Foods Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Frozen Foods Market Product Type Outlook

    • Supermarkets
    • Hypermarkets
    • Convenience Stores
    • Online Retail
    • Specialty Stores

    Frozen Foods Market Packaging Type Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Frozen Foods Market Distribution Channel Outlook

    • Household
    • Food Service
    • Retail

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 298.24(USD Billion)
    MARKET SIZE 2024 308.65(USD Billion)
    MARKET SIZE 2035 450.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.49% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Kraft Heinz, Schwan's Company, Conagra Brands, Unilever, Mondelēz International, Pinnacle Foods, Nestle, PepsiCo, Green Giant, McCain Foods, Dawn Foods, Bertolli, Tyson Foods, Birds Eye, General Mills
    SEGMENTS COVERED Product Type, Distribution Channel, End User, Packaging Type, Regional
    KEY MARKET OPPORTUNITIES Rising demand for convenience foods, Increasing health-conscious consumer preferences, Growth in online grocery shopping, Expansion of plant-based frozen options, Innovation in packaging solutions
    KEY MARKET DYNAMICS increasing demand for convenience foods, rising popularity of plant-based options, growth in online food retailing, health consciousness among consumers, advancements in freezing technologies
    COUNTRIES COVERED North America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the expected market value of the Global Frozen Foods Market in 2024?

    The Global Frozen Foods Market is expected to be valued at 308.65 billion USD in 2024.

    What is the projected market value for the Global Frozen Foods Market in 2035?

    In 2035, the Global Frozen Foods Market is projected to reach a value of 450.0 billion USD.

    What is the expected CAGR for the Global Frozen Foods Market between 2025 and 2035?

    The expected CAGR for the Global Frozen Foods Market from 2025 to 2035 is 3.49%.

    Which region is expected to hold the largest market share in the Global Frozen Foods Market in 2024?

    North America is expected to hold the largest market share in the Global Frozen Foods Market, valued at 100.0 billion USD in 2024.

    What is the projected market value for Frozen Vegetables in 2035?

    The market for Frozen Vegetables is projected to be valued at 130.0 billion USD in 2035.

    Who are the key players in the Global Frozen Foods Market?

    Key players in the Global Frozen Foods Market include Kraft Heinz, Conagra Brands, Unilever, and Nestle.

    What is the expected growth rate for the Frozen Meat segment between 2025 and 2035?

    The Frozen Meat segment is expected to grow from 70.5 billion USD in 2024 to 110.0 billion USD in 2035.

    How much is the Frozen Ready Meals market expected to be worth in 2024?

    The Frozen Ready Meals market is expected to be worth 53.0 billion USD in 2024.

    What is the expected market value for the APAC region in the Global Frozen Foods Market in 2035?

    The APAC region is expected to reach a market value of 95.0 billion USD in 2035.

    What market value is projected for Frozen Fish in 2024?

    The Frozen Fish segment is projected to be valued at 43.4 billion USD in 2024.

    Frozen Foods Market Research Report - Forecast till 2035 Infographic
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    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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