Frozen Food Market Outlook, Size, Trends, Opportunity and Industry Analysis 2023-2028

The latest report published by IMARC Group, titled "Frozen Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

How Big is the Frozen Food Market?

The global frozen food market size reached US$ 242.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 312.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.

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Frozen Food Market Trends:

The global frozen food market has witnessed remarkable growth in recent years, owing to several key drivers that have propelled its expansion. Firstly, changing consumer lifestyles and increasing urbanization have led to a rise in demand for convenient and time-saving food options. Frozen foods provide a convenient solution for busy individuals and families, as they are easy to store, have a longer shelf life, and require minimal preparation time. This convenience factor has significantly contributed to the market's growth as consumers seek out frozen alternatives to traditional fresh foods.

Secondly, advancements in food preservation technologies and packaging have played a pivotal role in the expansion of the frozen food market. These innovations have helped maintain the nutritional value and quality of frozen products, making them more appealing to health-conscious consumers. Additionally, the global supply chain has become increasingly efficient, allowing for a wider variety of frozen food products to be available in markets around the world. As a result, the global frozen food market is expected to continue its growth trajectory, driven by the evolving preferences and lifestyles of consumers and the continuous improvements in frozen food quality and accessibility.

Key Market Segmentation:

The report has segmented the global frozen food market based on product type, frozen vegetable snacks, frozen meat products, frozen vegetables, frozen fruits and region.

Breakup by Product Type:

• Frozen Vegetable Snacks
• Frozen Meat Products
• Frozen Vegetables and Fruits

Frozen Vegetable Snacks Breakup by Type:

• French Fries
• Bites, Wedges and Smileys
• Aloo Tikki
• Nuggets
• Others

Frozen Meat Products Breakup by Type:

• Chicken
• Fish
• Pork
• Mutton
• Others

Frozen Vegetables Breakup by Type:

• Green Peas
• Corn
• Mixed Vegetables
• Carrot
• Cauliflower
• Others

Frozen Fruits Breakup by Type:

• Strawberries
• Berries (Raspberries, Blueberries and Blackberries)
• Cherries
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Competitive Landscape With Key Players:

The competitive landscape of the frozen food market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Ajinomoto Co. Inc.
• Aryzta A.G.
• Associated British Foods plc
• Bellisio Foods Inc. (Charoen Pokphand Foods)
• Cargill Incorporated
• Conagra Brands Inc.
• General Mills Inc.
• The Kraft Heinz Company
• JBS S.A.
• Jeanie Marshal Foods Ltd
• Kellogg Company
• McCain Foods Limited
• Nestlé S.A.
• Wawona Frozen Foods

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3501&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.