Market Overview:
The global frozen processed food market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers across the globe. Frozen fruits & vegetables, frozen meat & seafood, frozen bakery products, frozen dairy products & desserts are the major types of processed food that are available in the market. Among these, store-based application segment dominates the global frozen processed food market with around two-thirds share in terms of revenue in 2017 and is anticipated to maintain its dominance throughout 2030 owing to busy lifestyle coupled with rising trend for ready-to-eat meals among urban population.
Product Definition:
Frozen processed food is a type of food that has been frozen and then processed. This type of food is often used to preserve it, since it can last for a longer period of time than fresh food. Frozen processed food can include items such as pizza, chicken nuggets, and burritos.
Frozen Fruits & Vegetable:
Frozen fruits and vegetables are products preserved by freezing. They contain more nutrients than the conventional ones as they are not exposed to heat or air, which helps retain most of their natural attributes. The global frozen food market is expected to witness significant growth over the forecast period owing to factors such as increasing health awareness among consumers, changing lifestyle of people and rapid urbanization in developing countries like India & China.
Frozen Meat & Seafood:
Frozen meat and seafood is meat and seafood products that are processed at extremely low temperatures to maintain its organoleptic properties, such as color, texture, flavor, and taste. The process of freezing does not affect the nutritional value of food items.
Application Insights:
The store-based application segment led the global frozen processed food market in 2017. This is attributed to growing consumer preference for convenience products, especially among working class adults living in urban areas. Furthermore, rising disposable income and changing lifestyle have increased the scope of frozen processed foods as they can be prepared easily and quickly without any cooking skills.
Non-store based applications include institutional settings such as hospitals and military messes where fresh produce is not always available or affordable. Frozen fruits & vegetables are a healthy substitute for those who cannot afford or do not have access to them on a daily basis owing to their high nutritional value along with less preparation time required before eating them compared to canned goods or other forms of packaged foods. Moreover, increasing demand for non-store based applications has driven manufacturers towards developing new products that cater to specific needs of consumers including gluten free options over the past few years which will drive growth further over the forecast period.
Regional Analysis:
Europe dominated the global market in 2017, accounting for more than 30.0% of the total revenue share. The region is expected to witness a significant growth rate over the forecast period on account of increasing demand for convenience food products with reduced preparation time as well as an increase in disposable income levels among consumers.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to growing population and rising living standards that have led consumers to opt for convenient options such as frozen processed foods over fresh ones thus driving industry growth across this region. Moreover, increasing penetration of organized retail chains along with changing lifestyles has also contributed significantly toward regional market development.
Growth Factors:
- Increasing demand for convenience food: The growth of the frozen processed food market is mainly attributed to the increasing demand for convenience food. Consumers are looking for easy-to-prepare and healthy options, which has led to the popularity of frozen processed foods.
- Rising disposable income: Another key factor driving the growth of this market is rising disposable income, especially in developing countries such as China and India. This has resulted in an increase in spending on premium and branded frozen processed foods.
- Growing awareness about health benefits: There is a growing awareness among consumers about the health benefits of consuming frozen processed foods, which is contributing to its popularity worldwide. Frozen fruits and vegetables are a good source of vitamins, minerals, antioxidants, and other nutrients that are essential for good health. They also help in weight management as they are low in calories but high in fiber content compared to fresh fruits and vegetables counterparts . 4) Technological advancements: The development of new freezing technologies has helped improve the quality and taste of frozen processed foods while reducing their processing time significantly 5) Changing lifestyle patterns: A major factor driving demand for frozen processed foods is changing lifestyle patterns across regions including Asia Pacific, North America, Europe etc., with people increasingly preferring ready-to-eat meals over traditional home cooked meals
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Processed Food Market Research Report
By Type
Frozen Fruits & Vegetable, Frozen Meat & Seafood, Frozen Bakery Products, Frozen Dairy Products & Desserts, Others
By Application
Store-Based, Non Store-Based
By Companies
General Mills, Kraft Foods Group, Nestlé, ConAgra Foods, Tyson Foods, Kellogg's, Frito-Lay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Processed Food Market Report Segments:
The global Frozen Processed Food market is segmented on the basis of:
Types
Frozen Fruits & Vegetable, Frozen Meat & Seafood, Frozen Bakery Products, Frozen Dairy Products & Desserts, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Store-Based, Non Store-Based
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Mills
- Kraft Foods Group
- Nestlé
- ConAgra Foods
- Tyson Foods
- Kellogg's
- Frito-Lay
Highlights of The Frozen Processed Food Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Frozen Fruits & Vegetable
- Frozen Meat & Seafood
- Frozen Bakery Products
- Frozen Dairy Products & Desserts
- Others
- By Application:
- Store-Based
- Non Store-Based
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Frozen Processed Food Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Frozen processed food is a type of food that has been frozen after being prepared. This can include items like pizza, lasagna, and chicken nuggets.
Some of the key players operating in the frozen processed food market are General Mills, Kraft Foods Group, NestlƒÂ©, ConAgra Foods, Tyson Foods, Kellogg's, Frito-Lay.
The frozen processed food market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frozen Processed Food Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Frozen Processed Food Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Frozen Processed Food Market - Supply Chain
4.5. Global Frozen Processed Food Market Forecast
4.5.1. Frozen Processed Food Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Frozen Processed Food Market Size (000 Units) and Y-o-Y Growth
4.5.3. Frozen Processed Food Market Absolute $ Opportunity
5. Global Frozen Processed Food Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Frozen Processed Food Market Size and Volume Forecast by Type
5.3.1. Frozen Fruits & Vegetable
5.3.2. Frozen Meat & Seafood
5.3.3. Frozen Bakery Products
5.3.4. Frozen Dairy Products & Desserts
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Frozen Processed Food Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Frozen Processed Food Market Size and Volume Forecast by Application
6.3.1. Store-Based
6.3.2. Non Store-Based
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Frozen Processed Food Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Frozen Processed Food Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Frozen Processed Food Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Frozen Processed Food Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Frozen Processed Food Demand Share Forecast, 2019-2026
9. North America Frozen Processed Food Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Frozen Processed Food Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Frozen Processed Food Market Size and Volume Forecast by Application
9.4.1. Store-Based
9.4.2. Non Store-Based
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Frozen Processed Food Market Size and Volume Forecast by Type
9.7.1. Frozen Fruits & Vegetable
9.7.2. Frozen Meat & Seafood
9.7.3. Frozen Bakery Products
9.7.4. Frozen Dairy Products & Desserts
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Frozen Processed Food Demand Share Forecast, 2019-2026
10. Latin America Frozen Processed Food Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Frozen Processed Food Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Frozen Processed Food Market Size and Volume Forecast by Application
10.4.1. Store-Based
10.4.2. Non Store-Based
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Frozen Processed Food Market Size and Volume Forecast by Type
10.7.1. Frozen Fruits & Vegetable
10.7.2. Frozen Meat & Seafood
10.7.3. Frozen Bakery Products
10.7.4. Frozen Dairy Products & Desserts
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Frozen Processed Food Demand Share Forecast, 2019-2026
11. Europe Frozen Processed Food Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Frozen Processed Food Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Frozen Processed Food Market Size and Volume Forecast by Application
11.4.1. Store-Based
11.4.2. Non Store-Based
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Frozen Processed Food Market Size and Volume Forecast by Type
11.7.1. Frozen Fruits & Vegetable
11.7.2. Frozen Meat & Seafood
11.7.3. Frozen Bakery Products
11.7.4. Frozen Dairy Products & Desserts
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Frozen Processed Food Demand Share, 2019-2026
12. Asia Pacific Frozen Processed Food Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Frozen Processed Food Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Frozen Processed Food Market Size and Volume Forecast by Application
12.4.1. Store-Based
12.4.2. Non Store-Based
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Frozen Processed Food Market Size and Volume Forecast by Type
12.7.1. Frozen Fruits & Vegetable
12.7.2. Frozen Meat & Seafood
12.7.3. Frozen Bakery Products
12.7.4. Frozen Dairy Products & Desserts
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Frozen Processed Food Demand Share, 2019-2026
13. Middle East & Africa Frozen Processed Food Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Frozen Processed Food Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Frozen Processed Food Market Size and Volume Forecast by Application
13.4.1. Store-Based
13.4.2. Non Store-Based
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Frozen Processed Food Market Size and Volume Forecast by Type
13.7.1. Frozen Fruits & Vegetable
13.7.2. Frozen Meat & Seafood
13.7.3. Frozen Bakery Products
13.7.4. Frozen Dairy Products & Desserts
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Frozen Processed Food Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Frozen Processed Food Market: Market Share Analysis
14.2. Frozen Processed Food Distributors and Customers
14.3. Frozen Processed Food Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Mills
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kraft Foods Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestlé
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConAgra Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tyson Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kellogg's
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Frito-Lay
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
