Frozen Foods Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for frozen foods. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global frozen foods market from 2024 to 2033.

Key Insights: Frozen Foods Market

Market Size (2024E): USD 307.4 billion
Projected Market Value (2033F): USD 460.8 billion
Global Market Growth Rate (CAGR 2024 to 2033): 4.6%

Frozen Foods Market - Report Scope:

Frozen foods encompass a wide range of products, including ready meals, fruits & vegetables, seafood, meat & poultry, bakery products, and others. These products are preserved using freezing techniques, ensuring longer shelf life while retaining nutritional value and taste. The market serves diverse consumer segments, including households, restaurants, and food service providers, offering convenience and nutritional benefits.

Market Growth Drivers:

The global frozen foods market is driven by several key factors, including changing consumer lifestyles, increasing urbanization, and rising demand for convenience foods. Busy schedules and dual-income households prefer frozen foods for their ease of preparation and longer shelf life. Technological advancements in freezing and packaging techniques enhance product quality, reducing food waste and improving food safety.

Market Restraints:

Despite promising growth prospects, the frozen foods market faces challenges related to consumer perceptions about freshness and nutritional content compared to fresh foods. Additionally, logistical complexities and storage requirements impact distribution costs, affecting profit margins for manufacturers and retailers.

Market Opportunities:

The frozen foods market presents significant growth opportunities driven by innovations in product development, including organic and gluten-free options, catering to health-conscious consumers. Expansion into emerging markets and strategic partnerships across the supply chain enhance market penetration and operational efficiencies.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the frozen foods market globally?
Which product categories and consumer segments are driving adoption of frozen foods?
How are technological advancements reshaping the competitive landscape of the frozen foods market?
Who are the key players contributing to the frozen foods market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global frozen foods market?

Competitive Intelligence and Business Strategy:

Leading players in the global frozen foods market, including Nestle S.A., Tyson Foods Inc., Conagra Brands Inc., and General Mills Inc., focus on innovation, product differentiation, and sustainability initiatives to gain a competitive edge. These companies invest in research and development to introduce new frozen food products and improve existing offerings, addressing evolving consumer preferences and regulatory requirements.

Key Companies Profiled:

Ajinomoto Co., Inc.
Arytza AG
Associated British Foods Plc
Cargill, Incorporated
Conagra Brands
General Mills Inc.
JBS Brazil
Kellogg's Company
McCain Foods
Nestle S.A.
The Kraft Heinz Company

Frozen Foods Industry Research by Category

Frozen Foods Market by Product Type:

Ready Meals
Fish/Seafood
Meat
Dairy Products
Fruits & Vegetables
Pizza & Pasta
Bakery products

Frozen Foods Market by Nature:

Organic
Conventional

Frozen Foods Market by Distribution Channel:

Business to Business (Foodservice)
Business to Consumer
Hypermarket/Supermarket
Convenience Stores
Specialty Stores
Online Retail

Frozen Foods Market by Region

North America Frozen Foods Market
Latin America Frozen Foods Market
Europe Frozen Foods Market
East Asia Frozen Foods Market
South Asia & Pacific Frozen Foods Market
Middle East & Africa Frozen Foods Market

Product Code: PMRREP3374

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation/Development Trends

4. Key Success Factors

4.1. Key Market Strategies
4.2. Product Adoption/Usage Analysis

5. Global Frozen Foods Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (Kilo Tons) 2019-2023
5.2. Current and Future Market Volume (Kilo Tons) Projections, 2024-2033

6. Global Frozen Foods Market - Pricing Analysis

6.1. Regional Pricing Analysis by Type
6.2. Global Average Pricing Analysis Benchmark

7. Global Frozen Foods Market Demand (in Value or Size in US$ Bn) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Bn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Bn) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

8.1. Macro-Economic Factors
- 8.1.1. Global GDP Growth Outlook
- 8.1.2. Global Industry Value Added
- 8.1.3. Global Urbanization Growth Outlook
- 8.1.4. Global Food Security Index
- 8.1.5. Global Rank - Ease of Doing Business
- 8.1.6. Global Rank - Trading Across Borders
8.2. Global Food Industry Outlook
8.3. End Use Industry Demand Analysis
8.4. Key Regulations - Labeling & Certifications
8.5. Value Chain
- 8.5.1. Profit Margin Analysis at each point of sales
  - 8.5.1.1. Producers/Processors
  - 8.5.1.2. Distributors/Suppliers/Wholesalers
  - 8.5.1.3. End Users
8.6. Market Dynamics
- 8.6.1. Drivers
- 8.6.2. Restraints
- 8.6.3. Opportunity Analysis
8.7. Forecast Factors - Relevance & Impact

9. Global Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033 By Nature

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Bn) and Volume Analysis By Nature, 2019-2023
9.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Nature, 2024 - 2031
- 9.3.1. Organic
- 9.3.2. Conventional
9.4. Market Attractiveness Analysis By Nature

10. Global Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033 By Product Type

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Bn) and Volume Analysis By Product Type, 2019-2023
10.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 10.3.1. Ready Meals
- 10.3.2. Fish/Seafood
- 10.3.3. Meat
- 10.3.4. Dairy Products
- 10.3.5. Fruits & Vegetables
- 10.3.6. Pizza & Pasta
- 10.3.7. Bakery products
10.4. Market Attractiveness Analysis By Product Type

11. Global Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033 By Distribution Channel

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Bn) and Volume Analysis By Distribution Channel, 2019-2023
11.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Distribution Channel, 2024-2033
- 11.3.1. Business to Business (Foodservice)
- 11.3.2. Business to Consumer
  - 11.3.2.1. Hypermarkets/supermarkets
  - 11.3.2.2. Convenience stores
  - 11.3.2.3. Specialty Stores
  - 11.3.2.4. Online Retail
11.4. Market Attractiveness Analysis By Distribution Channel

12. Global Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033 by Region

12.1. Introduction
12.2. Historical Market Size (US$ Bn) and Volume Analysis By Region, 2019-2023
12.3. Current Market Size (US$ Bn) and Volume Analysis and Forecast By Region, 2024-2033
- 12.3.1. North America
- 12.3.2. Latin America
- 12.3.3. Europe
- 12.3.4. South Asia & Pacific
- 12.3.5. East Asia
- 12.3.6. Middle East and Africa
12.4. Market Attractiveness Analysis By Region

13. North America Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
13.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
  - 13.3.1.1. U.S.
  - 13.3.1.2. Canada
- 13.3.2. By Nature
- 13.3.3. By Product Type
- 13.3.4. By Distribution Channel
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Nature
- 13.4.3. By Product Type
- 13.4.4. By Distribution Channel
13.5. Drivers and Restraints - Impact Analysis

14. Latin America Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. Brazil
  - 14.3.1.2. Mexico
  - 14.3.1.3. Rest of Latin America
- 14.3.2. By Nature
- 14.3.3. By Product Type
- 14.3.4. By Distribution Channel
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Nature
- 14.4.3. By Product Type
- 14.4.4. By Distribution Channel
14.5. Drivers and Restraints - Impact Analysis

15. Europe Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. Germany
  - 15.3.1.2. Italy
  - 15.3.1.3. France
  - 15.3.1.4. U.K.
  - 15.3.1.5. Spain
  - 15.3.1.6. BENELUX
  - 15.3.1.7. Nordic
  - 15.3.1.8. Russia
  - 15.3.1.9. Poland
  - 15.3.1.10. Rest of Europe
- 15.3.2. By Nature
- 15.3.3. By Product Type
- 15.3.4. By Distribution Channel
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Nature
- 15.4.3. By Product Type
- 15.4.4. By Distribution Channel
15.5. Drivers and Restraints - Impact Analysis

16. South Asia & Pacific Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
  - 16.4.1.1. India
  - 16.4.1.2. ASEAN
  - 16.4.1.3. Oceania
  - 16.4.1.4. Rest of South Asia & Pacific
- 16.4.2. By Nature
- 16.4.3. By Product Type
- 16.4.4. By Distribution Channel
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Nature
- 16.5.3. By Product Type
- 16.5.4. By Distribution Channel
16.6. Drivers and Restraints - Impact Analysis

17. East Asia Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
17.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
  - 17.3.1.1. China
  - 17.3.1.2. South Korea
  - 17.3.1.3. Japan
- 17.3.2. By Nature
- 17.3.3. By Product Type
- 17.3.4. By Distribution Channel
17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Nature
- 17.4.3. By Product Type
- 17.4.4. By Distribution Channel
17.5. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Frozen Foods Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
18.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.3.1. By Country
  - 18.3.1.1. GCC Countries
  - 18.3.1.2. South Africa
  - 18.3.1.3. Rest of Middle East and Africa
- 18.3.2. By Nature
- 18.3.3. By Product Type
- 18.3.4. By Distribution Channel
18.4. Market Attractiveness Analysis
- 18.4.1. By Country
- 18.4.2. By Nature
- 18.4.3. By Product Type
- 18.4.4. By Distribution Channel
18.5. Drivers and Restraints - Impact Analysis

19. Country Wise Frozen Foods Market Analysis 2024

19.1. Introduction
- 19.1.1. Market Value Proportion Analysis, By Key Countries
- 19.1.2. Global Vs. Country Growth Comparison
19.2. U.S. Frozen Foods Market Analysis
- 19.2.1. By Product Type
- 19.2.2. By End Use
- 19.2.3. By Source
19.3. Canada Frozen Foods Market Analysis
- 19.3.1. By Product Type
- 19.3.2. By End Use
- 19.3.3. By Source
19.4. Brazil Frozen Foods Market Analysis
- 19.4.1. By Product Type
- 19.4.2. By End Use
- 19.4.3. By Source
19.5. Mexico Frozen Foods Market Analysis
- 19.5.1. By Product Type
- 19.5.2. By End Use
- 19.5.3. By Source
19.6. Germany Frozen Foods Market Analysis
- 19.6.1. By Product Type
- 19.6.2. By End Use
- 19.6.3. By Source
19.7. Italy Frozen Foods Market Analysis
- 19.7.1. By Product Type
- 19.7.2. By End Use
- 19.7.3. By Source
19.8. France Frozen Foods Market Analysis
- 19.8.1. By Product Type
- 19.8.2. By End Use
- 19.8.3. By Source
19.9. U.K. Frozen Foods Market Analysis
- 19.9.1. By Product Type
- 19.9.2. By End Use
- 19.9.3. By Source
19.10. Spain Frozen Foods Market Analysis
- 19.10.1. By Product Type
- 19.10.2. By End Use
- 19.10.3. By Source
19.11. Russia Frozen Foods Market Analysis
- 19.11.1. By Product Type
- 19.11.2. By End Use
- 19.11.3. By Source
19.12. Poland Frozen Foods Market Analysis
- 19.12.1. By Product Type
- 19.12.2. By End Use
- 19.12.3. By Source
19.13. India Frozen Foods Market Analysis
- 19.13.1. By Product Type
- 19.13.2. By End Use
- 19.13.3. By Source
19.14. Oceania Frozen Foods Market Analysis
- 19.14.1. By Product Type
- 19.14.2. By End Use
- 19.14.3. By Source
19.15. China Frozen Foods Market Analysis
- 19.15.1. By Product Type
- 19.15.2. By End Use
- 19.15.3. By Source
19.16. Japan Frozen Foods Market Analysis
- 19.16.1. By Product Type
- 19.16.2. By End Use
- 19.16.3. By Source
19.17. South Korea Frozen Foods Market Analysis
- 19.17.1. By Product Type
- 19.17.2. By End Use
- 19.17.3. By Source
19.18. South Africa Frozen Foods Market Analysis
- 19.18.1. By Product Type
- 19.18.2. By End Use
- 19.18.3. By Source

20. Market Structure Analysis

20.1. Market Analysis by Tier of Companies
20.2. Market Concentration
20.3. Market Presence Analysis

21. Competition Analysis

21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
- 21.3.1. Ajinomoto Co., Inc.
  - 21.3.1.1. Overview
  - 21.3.1.2. Product Portfolio
  - 21.3.1.3. Sales Footprint
  - 21.3.1.4. Key Developments
  - 21.3.1.5. Financial Overview
  - 21.3.1.6. Strategy Overview
    - 21.3.1.6.1. Marketing Strategy
    - 21.3.1.6.2. Product Strategy
- 21.3.2. Nestle S.A.
  - 21.3.2.1. Overview
  - 21.3.2.2. Product Portfolio
  - 21.3.2.3. Sales Footprint
  - 21.3.2.4. Key Developments
  - 21.3.2.5. Financial Overview
  - 21.3.2.6. Strategy Overview
    - 21.3.2.6.1. Marketing Strategy
    - 21.3.2.6.2. Product Strategy
- 21.3.3. Kraft Foods Group, Inc.
  - 21.3.3.1. Overview
  - 21.3.3.2. Product Portfolio
  - 21.3.3.3. Sales Footprint
  - 21.3.3.4. Key Developments
  - 21.3.3.5. Financial Overview
  - 21.3.3.6. Strategy Overview
    - 21.3.3.6.1. Marketing Strategy
    - 21.3.3.6.2. Product Strategy
- 21.3.4. ConAgra Foods, Inc.
  - 21.3.4.1. Overview
  - 21.3.4.2. Product Portfolio
  - 21.3.4.3. Sales Footprint
  - 21.3.4.4. Key Developments
  - 21.3.4.5. Financial Overview
  - 21.3.4.6. Strategy Overview
    - 21.3.4.6.1. Marketing Strategy
    - 21.3.4.6.2. Product Strategy
- 21.3.5. General Mills, Inc.
  - 21.3.5.1. Overview
  - 21.3.5.2. Product Portfolio
  - 21.3.5.3. Sales Footprint
  - 21.3.5.4. Key Developments
  - 21.3.5.5. Financial Overview
  - 21.3.5.6. Strategy Overview
    - 21.3.5.6.1. Marketing Strategy
    - 21.3.5.6.2. Product Strategy
- 21.3.6. H.J. Heinz Company
  - 21.3.6.1. Overview
  - 21.3.6.2. Product Portfolio
  - 21.3.6.3. Sales Footprint
  - 21.3.6.4. Key Developments
  - 21.3.6.5. Financial Overview
  - 21.3.6.6. Strategy Overview
    - 21.3.6.6.1. Marketing Strategy
    - 21.3.6.6.2. Product Strategy
- 21.3.7. Tyson Foods, Inc.
  - 21.3.7.1. Overview
  - 21.3.7.2. Product Portfolio
  - 21.3.7.3. Sales Footprint
  - 21.3.7.4. Key Developments
  - 21.3.7.5. Financial Overview
  - 21.3.7.6. Strategy Overview
    - 21.3.7.6.1. Marketing Strategy
    - 21.3.7.6.2. Product Strategy
- 21.3.8. Unilever PLC
  - 21.3.8.1. Overview
  - 21.3.8.2. Product Portfolio
  - 21.3.8.3. Sales Footprint
  - 21.3.8.4. Key Developments
  - 21.3.8.5. Financial Overview
  - 21.3.8.6. Strategy Overview
    - 21.3.8.6.1. Marketing Strategy
    - 21.3.8.6.2. Product Strategy
- 21.3.9. Maple Leaf Foods Inc.
  - 21.3.9.1. Overview
  - 21.3.9.2. Product Portfolio
  - 21.3.9.3. Sales Footprint
  - 21.3.9.4. Key Developments
  - 21.3.9.5. Financial Overview
  - 21.3.9.6. Strategy Overview
    - 21.3.9.6.1. Marketing Strategy
    - 21.3.9.6.2. Product Strategy
- 21.3.10. Pinnacle Foods Inc.
  - 21.3.10.1. Overview
  - 21.3.10.2. Product Portfolio
  - 21.3.10.3. Sales Footprint
  - 21.3.10.4. Key Developments
  - 21.3.10.5. Financial Overview
  - 21.3.10.6. Strategy Overview
    - 21.3.10.6.1. Marketing Strategy
    - 21.3.10.6.2. Product Strategy
- 21.3.11. Others (Available on Request)
  - 21.3.11.1. Overview
  - 21.3.11.2. Product Portfolio
  - 21.3.11.3. Sales Footprint
  - 21.3.11.4. Key Developments
  - 21.3.11.5. Financial Overview
  - 21.3.11.6. Strategy Overview
    - 21.3.11.6.1. Marketing Strategy
    - 21.3.11.6.2. Product Strategy