Frozen Food Market Demand 2024, Industry Size, Trends and Business Opportunities Till 2032

IMARC Group has recently released a new research study titled Frozen Food Market Report by Product Type, Frozen Vegetable Snacks Type, Frozen Meat Products Type, Frozen Vegetables Type, Frozen Fruits Type and Region 2024-2032, offers a detailed analysis of the market demand, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

The global frozen food market size reached US$ 252.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 352.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.74% during 2024-2032.

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Industry Definition and Application:

Frozen food refers to food products that have been processed, preserved, and stored at sub-zero temperatures to maintain their freshness and extend their shelf life. This preservation method involves rapidly freezing the food to temperatures well below freezing (typically around -18°C or 0°F), which inhibits the growth of microorganisms, enzymes, and bacteria that can cause spoilage. Frozen foods can encompass a wide range of items, including fruits, vegetables, meats, seafood, ready-to-eat meals, and desserts. They offer convenience to consumers by allowing for longer storage without the need for added preservatives. Frozen food can be easily prepared and consumed after thawing and cooking, thus making it a popular choice for busy households and commercial food service establishments.

Frozen Food Market Trends:

The rising demand for quick and convenient meal options among consumers represents one of the key factors driving the growth of the market across the globe. This is further reducing preparation time and effort, which is particularly appealing to busy individuals and families, thus boosting the market growth. Freezing food extends its shelf life, reducing food waste and making it a cost-effective choice for both consumers and retailers. Frozen foods allow consumers to enjoy fruits, vegetables, and other perishable items regardless of the season, which is increasing year-round demand. Modern lifestyles often involve time constraints, thus making frozen meals and ingredients a practical choice for many households. The freezing process kills or slows down the growth of harmful microorganisms, which makes frozen food a safer choice in terms of foodborne illnesses. Ongoing innovation in packaging and product development results in improved quality, taste, and convenience, which is attracting more consumers. The rise of online grocery shopping platforms is making it easier for consumers to access a wider range of frozen food products, which is facilitating the growth of the market.

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

Nestl S.A.

Wawona Frozen Foods

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

Ask Analyst for Customization and Explore Full Report With TOC List of Figures: https://www.imarcgroup.com/request?type=reportid=3501flag=C

Key Highlights of the Report:

Market Performance (2018-2023)

Market Outlook (2024-2032)

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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