openPR Logo
Press release

India Frozen Food Market is Booming Worldwide | Capricorn Food Products India, Chevon, Iscon Balaji Foods,

01-20-2023 01:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

India Frozen Food Market is Booming Worldwide | Capricorn Food

India Frozen Food Market to Witness a CAGR of 18.4% through 2028

The India frozen food market is growing at a high CAGR because of the hectic lives of working-class people and increased consumer expenditure on ambient (shelf-stable) meals

Download Free Sample of This Strategic Report:https://reportocean.com/industry-verticals/sample-request?report_id=MR319

A recent study conducted by the strategic consulting and market research firm, Report Ocean, revealed that India frozen food market was worth USD 1.1 billion in the year 2021. The market is projected to grow at a CAGR of 18.4%, thereby earning revenues of around USD 3.4 billion by 2028. The India frozen food market is flourishing at a high rate owing to the hectic lives of working-class people and increased consumer expenditure on ambient (shelf-stable) meals. Because of its convenience, millennial consumers now consider frozen food to be a viable option. Furthermore, in order to maintain their meals cost-effective and timely, fast-food restaurants (such as KFC, Domino's, and Subway), bars, motels, and hospital canteens have increased their usage of frozen foods. However, high consumer inclination towards fresh and organic food products may act as a huge restraining factor for the market growth

Increasing Launches of New Products Present Lucrative Growth Opportunities for India Frozen Food Market

The rising demand for frozen food in the Indian market presents lucrative growth opportunities to the India frozen food market. Due to this, various food giants and small companies are launching new products to grab consumer share and boost their revenue. For instance, ITC, the Indian conglomerate company recently entered the frozen food segment under the ITC Master Chef brand which includes products such as frozen snacks, fruits, and vegetables. This is anticipated to drive the market growth in the forecast period.

Rising Focus Towards Improvements in Cold Chain Industry is Driving India Frozen Food Market

With technical improvements such as new temperature-controlled packaging choices, the cold chain business is continuously developing. Market participants are actively investing in new technology to extend the shelf life of chilled or retarded dough, frozen meat and vegetables, and partially or completely cooked items. These developments have been prompted by rising customer expectations and demand for frozen goods.

India Frozen Food Market - By Distribution Channel

Based on distribution channel, the India frozen food market is segmented into offline and online channels. The offline distribution channel holds the largest share in the market. The rise of offline distribution channels is fueled by the availability of ideal freezing and temperature-controlled facilities in convenience shops and supermarkets. As a result of national lockdowns established during the coronavirus epidemic and the fear of being exposed to the fatal virus while going out, many customers have rushed to online platforms to purchase frozen goods. Due to this, the online segment is anticipated to register the highest CAGR during the forecast period.

Request To Download Sample of This Strategic Report:-

India Frozen Food Market - Regional Insights

Geographically, the India frozen food market is segmented into North India, South India, East India, and West India. The frozen food market in India is dominated by South India. The existence of a strong working-class population in major urban cities such as Chennai, Hyderabad, Bengaluru, etc., contributes significantly to the region's frozen food consumption. Moreover, because of the presence of a huge working-class population in regions like Maharashtra and Gujarat, West India also accounts for a significant portion of the market.

Impact of COVID-19 on India Frozen Food Markethttps://reportocean.com/industry-verticals/sample-request?report_id=MR319

Following the COVID-19 pandemic outbreak, there has been a huge increase in demand for frozen foods. Frozen meals were the most practical and cost-effective alternative for families during the lockdown. Frozen foods have a longer shelf life than fresh foods, allowing consumers to avoid making frequent trips to the store and contracting the virus. Furthermore, during the lockdown time, the simple availability of frozen through online channels, as well as a scarcity of stock in conventional retailers, is a key driving force for market development.

Competitive Landscape

The leading market players of the India frozen food market are Bikaji, Capricorn Food Products India, Chevon, Iscon Balaji Foods, Kohinoor Foods, Kuppies, Mccain, Meatzza, Nutritotal India, Top Fresh International, and other prominent players.

Market Segment:
By Product Type (Fruits & Vegetables, Frozen Dairy Products, Bakery Products, Meat & Seafood Products, Convenience Foods & Ready Meals And Others)
By Distribution Channel (Offline And Online Channels)
By Region (North India, South India, East India, West India)
The India frozen food market is fragmented but has a limited number of industry participants. Therefore, it holds huge growth opportunities for new entrants. The companies constantly launch new products to cater to the needs and tastes of diverse consumer groups of the country. They significantly focus on improving their distribution channel and invest in advertising and marketing to boost their product penetration. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., is also prominent in this market.

Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=MR319

Dont miss the business opportunity of the India frozen food market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the India frozen food market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the India frozen food market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Content:

Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix

Dental Insurance Market: https://www.theglobeandmail.com/investing/markets/markets-news/Alliance%20News/13161939/dental-insurance-market-potential-growth-share-demand-and-analysis-of-key-players-and-research-forecasts-by-2030/

Surimi Market: https://www.theglobeandmail.com/investing/markets/markets-news/Alliance%20News/13161572/surimi-market-report-2023-to-2030-increasing-sales-in-emerging-markets-driving-growth/

Psoriasis Therapeutics Market: https://www.theglobeandmail.com/investing/markets/markets-news/Alliance%20News/13161581/psoriasis-therapeutics-market-2023-growth-opportunities-top-players-regions-application-and-forecast-to-2030/

E-SUV Market: https://www.theglobeandmail.com/investing/markets/markets-news/Alliance%20News/13161587/e-suv-market-size-by-type-application-key-players-geographic-scope-and-forecast/

Sjogren's Syndrome Market: https://www.theglobeandmail.com/investing/markets/markets-news/Alliance%20News/13161576/sjogrens-syndrome-market-industry-growth-rate-sales-revenue-and-outlook-to-2030/

A2P SMS Market: https://www.theglobeandmail.com/investing/markets/markets-news/Alliance%20News/13196290/a2p-sms-market-insights-emerging-trends-and-latest-opportunities-2022-2030/

Request full Report : https://reportocean.com/industry-verticals/sample-request?report_id=MR319

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release India Frozen Food Market is Booming Worldwide | Capricorn Food Products India, Chevon, Iscon Balaji Foods, here

News-ID: 2893348 • Views:

More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques for Deep Understanding of Consumer Behavior
Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan. Internet Advertising are set
Location Analytics Market Through the Looking Glass Techniques for a Profound Understanding of Consumer Behavior
Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Observational Research in Consumer Behavior
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030. This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,

All 5 Releases


More Releases for India

Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026. The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the
12-11-2018 | Health & Medicine
Pasta
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality. India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc. We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will