Global Frozen Food Market (2019-2025) | Size, Trend, Analysis, Growth, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Global Frozen Food Market

The global frozen food market is growing due to increasing demand for convenience food. With busy lifestyles, consumers are looking for quick and easy meal options, which has led to a rise in demand for frozen food products. Additionally, advancements in freezing and packaging technologies have made it possible to preserve the nutritional value, texture, and flavour of frozen food products for longer periods of time, making them more appealing to consumers. Moreover, manufacturers are constantly introducing new and innovative frozen food products, such as plant-based options, to cater to changing consumer preferences. Further, the growth of e-commerce has made it easier for consumers to access frozen food products, leading to an increase in sales through online channels. In addition, one of the major drivers of the frozen food market is the increasing demand for convenient and easy-to-prepare food products. Busy lifestyles and hectic schedules have made frozen foods a popular option for consumers who want to save time in the kitchen.

The global frozen food industry is also experiencing the growing popularity of online retail. Online retail has emerged as a popular channel for purchasing frozen foods, particularly during the COVID-19 pandemic. Many consumers have shifted to online shopping due to the convenience and safety it provides, and this trend is expected to continue in the future. Additionally, the frozen food market has seen a rise in demand for healthier options, such as frozen fruits and vegetables and low-calorie frozen meals. Consumers are increasingly conscious of their health and wellness, and frozen food manufacturers are responding with products that meet these demands. Moreover, the global frozen food industry is becoming more environmentally conscious, with companies adopting sustainable practices such as reducing packaging waste, using renewable energy sources, and sourcing ingredients from local and sustainable sources.

Topics Covered in The Global Frozen Food Market

Global frozen food market report thoroughly covers the market by products, consumption, types, distribution, and regions including North America, Latin America, Europe, Asia Pacific, the Middle East and Africa, and key countries. The global frozen food market outlook report provides an unbiased and detailed analysis of the ongoing global frozen food market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global frozen food market Synopsis

Growing retail channels, rising demand for convenience food, and increasing technological advancements in the cold chain industry have driven the Global frozen food market. Moreover, increasing foreign direct investment in the Asia Pacific cold chain industry would lead to further growth in the market in the forthcoming years. Further, strengthening partnerships between the retail, food processing industry and the logistics sector would positively influence the Frozen Food Market Growth over the coming years.  

According to 6Wresearch, the Global Frozen Food Market size is anticipated to register growth during 2019-2025. A growing number of working women coupled with a busy life schedule is adding to the development of the market. Moreover, surging disposable income coupled with rising penetration towards longer shelf life of the products is driving the growth of the frozen food industry. Rising innovation such as frozen pizza and burgers is also one of the key factors proliferating the development of the market. 

Global Frozen Food Market is estimated to register sound revenues in the coming timeframe on the back of the rising commercialization of frozen food in developing and developed countries globally coupled with rising in the demand for frozen food as a light snack and is anticipated to contribute toward generating profitable opportunities for market growth in the coming years. Moreover, rising disposable income sling with rising discretionary expenditure enables to purchase of frozen food such as frozen veggies and fruits and is estimated to raise the adoption of frozen food and would benefit the Global Frozen Food market garner significant growth throughout the forecast period.

The global frozen food market is projected to secure tremendous growth in the upcoming six years on the back of the rising growth of dual-working families in developed and developing countries. Additionally, the rising growth of the young working population that tends to spend on ready-eat food with a desire to spend on food is estimated to be in lucrative opportunity for industrialists and the to be investors and is estimated to act as a catalyst for the growth of the global frozen food market in the upcoming six years.

Market Analysis by Products

Based on products, the convenience food and ready meals segment captured the majority of the market revenues in 2018 and is expected to lead the market revenues during the forecast period owing to the changing lifestyle and growing tourism sector. Moreover, growing awareness regarding the health benefits of the product would spur the demand for frozen foods over the next six years.

Market Analysis by Region

Europe dominated the global frozen food market revenues owing to increasing investments by companies in innovative marketing in the region. Additionally, the premiumization of frozen foods is one of the several factors driving market growth over the coming years. Furthermore, the Asia Pacific region is projected to witness considerable growth over the next six years owing to growing FDI in the retail sector coupled with growing consumer preference toward vegan frozen foods.

Key Highlights of the Report:

• Global Frozen Food Market Overview
• Global Frozen Food Market Outlook
• Global Frozen Food Market Forecast
• Historical Data of Global Frozen Food Market Revenues for the Period 2015-2018
• Global Frozen Food Market Size and Global Frozen Food Market Forecast of Revenues, Until 2025
• Historical Data of Global Frozen Food Market Revenues, by Products, for the Period 2015-2018
• Market Size & Forecast of Global Frozen Food Market Revenues, by Products, Until 2025
• Historical Data of Global Frozen Food Market Revenues, by Consumption, for the Period 2015-2018
• Market Size & Forecast of Global Frozen Food Market Revenues, by Consumption, Until 2025
• Historical Data of Global Frozen Food Market Revenues, By Types, for the Period 2015-2018
• Market Size & Forecast of Global Frozen Food Market Revenues, By Types, Until 2025
• Historical Data of Global Frozen Food Market Revenues, By Distribution, for the Period 2015-2018
• Market Size & Forecast of Global Frozen Food Market Revenues, By Distribution, Until 2025
• Historical Data of North America Frozen Food Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Frozen Food Market Revenues, Until 2025
• Historical Data of Latin America Frozen Food Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Frozen Food Market Revenues, Until 2025
• Historical Data of Europe Frozen Food Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Frozen Food Market Revenues, Until 2025
• Historical Data of the Asia Pacific Frozen Food Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Frozen Food Market Revenues, Until 2025
• Historical Data of the Middle East & Africa Frozen Food Market Revenues, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa Frozen Food Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Frozen Food Market Price Trends
• Global Frozen Food Market Trends and Consumption Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Frozen Food Market Share, By Players
• Global Frozen Food Market Share, By Regions
• Global Frozen Food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Frozen Food Market report provides a detailed analysis of the following market segments:

• By-Products:

  • Fruits and Vegetables
    • Frozen Fruits
    • Frozen Vegetables
  • Dairy Products
  • Bakery Products
    • Pieces of bread & Pizza Crusts
    • Others
  • Meat and Seafood Products
  • Convenience Food and Ready Meals
  • Others

By Consumption:

• Food Service
• Retail

By Types:

• Raw Material
• Half Cooked
• Ready to Eat

By Distribution:

• Online
• Offline

By Regions:

• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa

Global Frozen Food Market: FAQs