Frozen Food Market - Trends Forecast Till 2028

Market Overview

The frozen food market is estimated to reach a CAGR of 5.2% from 2021 to 2028.

Frozen food is defined as food products that are preserved under low temperature and used over a long period. The product market comprises various food products, including ready meals, vegetables & fruits, potatoes, meat & poultry, seafood, and soup. Frozen ready meals further include packaged ready-to-eat foods, bakery, snacks, and desserts.

Increase in use of frozen food products by giants such as KFC, McDonald’s, Pizza Hut, Subway, and Frozen Potatoes are some of the factors that have supported long-term expansion for Frozen Food Market.

Regional Analysis

Europe was the prominent market in 2020, which accounted for the maximum share. Large spending capabilities of consumers and economic stability are some of the major reasons for the growth of the product market in the European region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Aryzta A.G.
• Ajinomoto Co. Inc.
• Cargill Incorporated
• General Mills Inc.
• JBS S.A.
• Kellogg Company
• The Kraft Heinz Company
• Nestle S.A.
• ConAgra Brands, Inc.
• Associated British Foods Plc.
• Ajinomoto
• Vandemoortele NV
• Lantmannen Unibake International
• Cargill
• Europastry S.A
• JBS
• Shishi He Deming Seafood Co Ltd
• Bubba Foods
• Kuppies
• Omar International Pvt Ltd

Recent Developments

• In June 2018, Lantmännen Unibake opened up a new production plant in Nowa Sól, Poland to increase its production capabilities.
• In October 2018, Conagra acquired Pinnacle Foods Inc. (US); the acquisition helped Pinnacle foods to widen its frozen meals & snacks and sweet treats categories.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Frozen Food Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope