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Frozen Food Market to Reach US$ 651.10 Billion by 2032, Driven by Convenience, Ready Meals, and Urban Lifestyles | DataM Intelligence

12-23-2025 12:54 PM CET | Food & Beverage

Press release from: DataM Intelligence 4 Market Research LLP

Frozen Food Market

Frozen Food Market

According to DataM Intelligence, the global frozen food market was valued at approximately US$ 425.21 billion in 2024 and is expected to reach US$ 651.10 billion by 2032, growing at a CAGR of 5.6% during the forecast period 2024-2032. Growth is driven by increasing demand for convenient, ready-to-eat meals, changing consumer lifestyles, urbanisation, and rising food safety standards.

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Europe (Largest Region) - Key Industry Developments
✅ November 2025: Unilever PLC introduced a line of frozen snacks fortified with vitamins and minerals in major European markets.
✅ October 2025: Nomad Foods partnered with local logistics providers to expand cold-chain distribution, reducing delivery times and waste.
✅ September 2025: ITC Limited launched eco-friendly packaging for frozen foods in the EU, responding to growing sustainability concerns.

North America Key Industry Developments
✅ November 2025: Nestlé expanded its frozen meals portfolio in the U.S. to include plant-based and ready-to-eat options targeting health-conscious consumers.
✅ October 2025: Tyson Foods launched a nationwide marketing campaign for its premium frozen protein products, boosting retail penetration in convenience stores.
✅ September 2025: Conagra Brands invested in automation upgrades at its frozen foods production facilities in North America to improve efficiency and meet rising demand.

Key Mergers and Acquisitions
✅ Portfolio Expansion and Strategic Partnerships: Nestlé acquired a European frozen ready-meal brand to strengthen its market presence and expand its plant-based offerings.
✅ Technology & Distribution Enhancement: Conagra Brands completed a strategic acquisition of a U.S.-based cold-chain logistics company to optimize frozen product distribution.

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Market Segmentation Analysis
• By Product Type: Fruits & Vegetables and Ready Meals lead the global market. Frozen fruits and vegetables are in demand for convenience and nutrient retention, while ready meals cater to time-constrained consumers. Meat & Seafood and Bakery Products are also significant contributors.
• By Distribution Channel: B2C retail stores remain dominant due to consumer preference for home purchases, while B2B channels are growing steadily with increased adoption by restaurants, hotels, and catering businesses.

Regional Insights
Europe holds the largest share of the frozen food market, driven by established retail infrastructure, high frozen food consumption, and preference for convenience meals across countries like Germany, France, and the UK. North America is the fastest-growing region, supported by changing lifestyles, higher disposable income, expansion of frozen food offerings, and increased investment in modern production and cold-chain logistics. Asia-Pacific demonstrates emerging growth due to urbanization, rising working population, and increasing acceptance of Western-style frozen meals.

Growth Drivers:
1. Rising consumer demand for convenient, ready-to-eat meals.
2. Growing urbanization and busier lifestyles leading to higher frozen food consumption.
3. Expansion of cold-chain logistics and retail distribution networks.
4. Increased focus on food safety, hygiene, and quality assurance.
5. Innovation in product formats, flavors, and health-focused frozen offerings.

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Key Players:
The global frozen food market includes leading companies such as Nestlé SA, Tyson Foods, Inc., Conagra Brands, Inc., Unilever PLC, ITC Limited, The Kraft Heinz Company, General Mills, Inc., Nomad Foods, Ltd., Kellanova, and Ajinomoto Co., Inc.

Key Highlights (Top 5 Players):
1. Nestlé SA - Expanding plant-based and frozen ready-to-eat offerings with strong R&D and global retail presence.
2. Tyson Foods, Inc. - Focused on protein-rich frozen foods and broad retail penetration in North America.
3. Conagra Brands, Inc. - Leader in frozen convenience foods with strategic investments in automation and logistics.
4. Unilever PLC - Innovating fortified and health-oriented frozen snacks across Europe.
5. Nomad Foods, Ltd. - Strengthening cold-chain distribution and sustainable packaging solutions in the EU.

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Contact Us -
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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