How Big is the Frozen Food Market?
The Global Frozen Food Market size is valued at around USD 290 billion in 2024 is projected to reach USD 384 billion by 2030. The market is also estimated to grow at a CAGR of around 5.78% during the forecast period, i.e., 2025-30. The growth of the market is driven primarily by the increasing population its massive food requirements, coupled with the burgeoning number of working people, i.e., propelling the demand for frozen food as a convenient option with minimal or no preparation time.
Market Statistics
- Market Size in 2024: USD 290 billion in 2024
- Market Size By 2030: USD 384 billion by 2030.
- Market Growth Rate (CAGR): 5.78% from 2025-2030
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Frozen Food Market Insight:
Driver-
Escalating Working Population their Inclination on Convenient Food - With the growing influx of migrants due to increasing job opportunities and the exponentially rising population worldwide, the need for convenient food options is swiftly escalating and, in turn, infusing the demand for frozen food products, majorly due to the hectic lifestyle of people with no time for food preparation. It, in turn, is leading to increasing consumer dependency on ready-to-eat ready-to-cook frozen food and driving the Global Frozen Food Market.
Frozen Food Market Segmentation:
The report has segmented the market into the following categories:
By Category
- Ready-to-Eat
- Ready-to-Cook
- Others
By Product Type
- Fruits Vegetables
- Dairy
- Meat Seafood
- Snacks Bakery
- Desserts
- Others
By Distribution Channel
- Hypermarkets Supermarkets
- Specialty Stores
- Convenience Stores
- Online Channels
- Others
By Freezing Technique
- Individual Quick Freezing (IQF)
- Blast Freezing
- Belt Freezing
- Others
By Region
- North America
- South America
- Europe
- Middle East Africa
- Asia-Pacific
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Competitive Landscape:
- Ajinomoto Foods
- Conagra Brands Inc.
- Frosta AG (Frosta)
- General Mills Inc.
- Grupo Bimbo
- Heinz Frozen Food Company
- Lantmannen Unibake
- McCain Foods Limited
- Nestle SA
- Nomad Foods Ltd
- The Kellogg Company
- Tyson Foods
- Unilever PLC
- Wawona Frozen Food
- Others.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2025-2030)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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