Frozen Food Market Report, Global Size, Share, Trends, Top Companies, Industry Segmentation and Growth Drivers 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 trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
The global frozen food market is expected to exhibit a growth rate (CAGR) of 4.2% during 2023-2028. Frozen foods are made by preserving perishable items at extremely low temperatures to prevent spoilage and retain the nutrients for extended periods. Some of these products include vegetables, fruits, ready-to-eat (RTE) meals, meat-based products, and seafood. It enables consumers to store food for longer periods, reducing food waste and ensuring a constant supply of fresh ingredients. The benefits of frozen food include easy preparation, convenient storage for extended periods, and cost-effectiveness.
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Market Trends:
The increasing number of online food retail platforms and surging consumer per capita income are some of the key factors boosting the market growth. In addition to this, the rising consumer demand for premium and high-quality frozen food products and the escalating need for convenience food and RTE products due to the rising working populace are creating a positive outlook for the market. In line with this, key market manufacturers are investing in advanced freezing technology to improve the quality and safety of frozen food products, preserve the nutritional value and freshness, and extend the shelf-life, which, in turn, is positively contributing to the market. Besides this, the rapid expansion of the food and beverage (F&B) industry and easy product availability in online food retail platforms, supermarkets, and hypermarkets are providing an impetus to the frozen food market growth. Other factors, such as the surging awareness regarding sustainability and the benefits of frozen food, are boosting the market growth.
Frozen Food Market 2023-2028 Competitive Analysis and Segmentation:
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
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
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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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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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