Home / Food & Beverage / Frozen Food Market By Product (Frozen Fruits & Vegetables, Frozen Desserts, Frozen Ready Meals, Frozen Meat, Frozen Fish/Seafood, Frozen Potatoes, Frozen Soup) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022

Frozen Food Market By Product (Frozen Fruits & Vegetables, Frozen Desserts, Frozen Ready Meals, Frozen Meat, Frozen Fish/Seafood, Frozen Potatoes, Frozen Soup) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022

Published: Jun 2016 | Report Code: 57931-06-16

One of the prominent factors driving growth in the frozen food market is gradually changing food habits. Convenience is another major factor driving the market growth. Busy life style is compelling consumers to shift their dietary preferences towards ready-to-eat food products. Accompanied by the combination of higher disposable income, rapid urbanization, and emergence of nuclear families among others. Frozen food are alternative to canned and fresh cooked food.

Therefore, frozen foods is gaining momentum and become vital part of modern diet. In addition, rise in number of working women and changing trends is leading towards greater indulgence of frozen food. It is also considered as the next generation of convenient ready foods.

Frozen food prepared using organic ingredients provides huge market opportunity for the players, in the light of the mainstreaming of natural and organic foods. Consumers prefer organic and natural ingredients over synthetic ingredients driven by the consumer perception that organic and natural products have higher health benefits.

Frozen food also provides an additional opportunity to consumers to enjoy any seasonal vegetables and fruits throughout the year. As these frozen fruits and vegetables are transported across the globe. 

There are many players present in this market. However, very few holds significant share in the market. The market for frozen food is highly fragmented with four to six players accounting for significant share of the market. Some of the major players present in this market are ConAgra, Nestle, Mc Cain and others.

Frozen Food Market

Purpose of the Report

The purpose of this strategic research study titled “Global Frozen Food Market” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global frozen food market.

Target Audience

  • Industry investors
  • Raw material suppliers
  • Distributors
  • Manufacturers
  • Retailers

Companies who want to enter the market and companies who want to diversify their product portfolio

USP and Key Offerings

This report analyses the worldwide markets for frozen food in USD billion by the following product types such as frozen fruits & vegetables, frozen desserts, frozen ready meals, frozen meat, frozen fish/seafood, frozen potatoes, and frozen soup. The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific and Rest of World (RoW). Annual estimates and forecasts are provided for the period 2014 through 2022 and market growth rate is calculated from 2015 to 2022. Market data and analytics are derived from primary and secondary research. We have considered demand side approach of the market. Competitive analysis is primarily based on public domain information including company URLs and company annual report.

Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within frozen food market
  • Market drivers, market restraints, and their impact on the market growth
  • In-depth competitive analysis of players present in the market
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global frozen food market, of growth offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.5 Key Points

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Frozen Food Market

Chapter 3 Introduction
3.1 Introduction
3.2 Classification
3.3 Drivers
3.4 Restraints
3.5 Opportunities
3.6 Supply Chain
3.7 Porter’s five force analysis
3.7.1 Bargaining power of suppliers
3.7.2 Bargaining power of buyers
3.7.3 Threat of new entrants
3.7.4 Threat of substitutes
3.7.5 Degree of competition

Chapter 4 Global Frozen Food Market, Product Analysis
4.1 Global Frozen Food Market, by type
4.2 Frozen Fruits & Vegetables
4.3 Frozen Desserts
4.4 Frozen Ready Meals
4.5 Frozen Meat
4.6 Frozen Fish/Seafood
4.7 Frozen Potatoes
4.8 Frozen Soup

Chapter 5 Global Frozen Food Market, Regional Analysis
5.1 Global Frozen Food Market, regional analysis, (2014 v/s 2022)
5.2 North America
5.3 Europe
5.4 Asia Pacific
5.5 RoW

Chapter 6 Competitive Analysis
6.1 Nestle
6.2 H.J Heinz
6.3 ConAgra
6.4 The Schwan Food Company
6.5 General Mills
6.6 Tyson Foods
6.7 Maple Leaf Foods
6.8 Iceland Foods
6.9 Amy's Kitchen
6.10 Kelloggs

Chapter 7 Conclusion

List of Figures

FIG. 1 Global Frozen Food : Market Segmentation
FIG. 2 Global Frozen Fruits & Vegetables product segment, 2014 – 2022, (USD Billion)
FIG. 3 Global Frozen Desserts product segment, 2014 – 2022, (USD Billion)
FIG. 4 Global Frozen Frozen Ready Meals product segment, 2014 – 2022, (USD Billion)
FIG. 5 Global Frozen Frozen Meat product segment, 2014 – 2022, (USD Billion)
FIG. 6 Global Frozen Fish/Seafood product segment, 2014 – 2022, (USD Billion)
FIG. 7 Global Frozen Potatoes product segment, 2014 – 2022, (USD Billion)
FIG. 8 Global Frozen Soup product segment, 2014 – 2022, (USD Billion)
FIG. 9 U.S. Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 10 Canada Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 11 Mexico Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 12 Germany Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 13 France Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 14 UK Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 15 Italy Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 16 Russia Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 17 Rest of Europe Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 18 Japan Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 19 China Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 20 India Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 21 Australia Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 22 Rest of Asia Pacific Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 23 Brazil Frozen Food Market, 2014 – 2022, (USD Billion)
FIG. 24 Rest of RoW Frozen Food Market, 2014 – 2022, (USD Billion)

List of Tables

TABLE 1 Market Snapshot: Global Frozen Food Market
TABLE 2 North America Frozen Food Market, Strategic Snapshot
TABLE 3 North America Frozen Food Market revenue by product type, 2014-2022, (USD Billion)
TABLE 4 Europe Frozen Food Market, Strategic Snapshot
TABLE 5 Europe Frozen Food Market revenue by product type, 2014-2022, (USD Billion)
TABLE 6 Asia Pacific Frozen Food Market, Strategic Snapshot
TABLE 7 Asia Pacific Frozen Food Market revenue by product type, 2014-2022, (USD Billion)
TABLE 8 RoW Frozen Food Market, Strategic Snapshot
TABLE 9 RoW Frozen Food Market revenue by product type, 2014-2022, (USD Billion)
TABLE 10 Competitive Analysis

On the basis of product types, the global frozen food market is segmented into following types:

  • Frozen Fruits & Vegetables
  • Frozen Desserts
  • Frozen Ready Meals
  • Frozen Meat
  • Frozen Fish/Seafood
  • Frozen Potatoes
  • Frozen Soup

Frozen Food Market

In 2014, frozen ready meal segment dominated the market and accounted for 30% share of the market. Frozen ready meal due to its wide range of product portfolio and less time consuming attribute is projected to maintain its dominance during the forecast period.

Frozen meat and frozen fish/seafood together accounted for more than 35% share of the market in 2014. On account of favourable socio economic factors such as changing eating habits, higher purchasing power, urbanization, and increasing health consciousness towards protein rich diet are the factors contributing towards market demand.

Potatoes are increasingly being used as an affordable alternative to other staples. In Asian and RoW countries outside Japan. Tastes and preferences are changing in those markets, as a result of greater exposure to western- style, fast-food restaurants. Therefore, demand of frozen potatoes and products are witnessing significant growth. Frozen Potatoes are projected to witness highest growth during the forecast period.

Frozen fruits & vegetables are projected to witness significant growth at a CAGR of 4.6% from 2015 to 2022. The main factor driving the market is rising demand for healthy convenience foods. Other major factors driving growth in the market include innovation in freezing technologies, development of cold chain logistics and retail distribution, and increase in working women among others.

On the basis of geography, the global frozen food market is segmented into following regions,

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia Pacific
  • Rest of the World
    • Brazil
    • Rest of RoW

In 2014, Europe and North America together accounted for more than 60% share of the market. Europe dominated the market followed by North America. Both these economies are projected to witness moderate growth over the forecast period, due to adoption of ready-to-eat food and packaged food by the consumers. Germany is the largest market in Europe and accounted for 17% share of the market in 2014. Globally, U.S. is the largest market for frozen food.

Rising disposable income and economic development are some of the factors driving the market in the Asia Pacific region. Due to these factors, Asia Pacific is projected to witness highest growth during the forecast period. As more families in RoW regions such as Brazil, Egypt, and Turkey among others are entering the middle class coupled with rise in purchasing power and increase in number of people working full time. This leaves less time to take care of the house, including preparing meals. Thus, frozen food products are becoming increasingly common in the diet of people in RoW regions.

Frozen Food Market

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