Global Frozen Food Market - Growth, Trend, and Forecast (2017 - 2022)

  • ID: 4115031
  • Report
  • Region: Global
  • 130 pages
  • Mordor Intelligence
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  • Ajinomoto Co., Inc.
  • Conagra Foods, Inc.
  • General Mills, Inc.
  • Iceland Foods Ltd.
  • McCain foods
  • Pinnacle Foods Inc.
  • MORE

Market Insights

The global frozen food market is expected to reach USD XXX billion by 2022, at an estimated CAGR of XX%. Freezing is a type of preservation technique; frozen food has an extended shelf-life, under accurately monitored temperature.

Market Dynamics

There has been a remarkable expansion in frozen food product categories, owing to the considerable growth in freezer space in modern retail markets. Busy lifestyles and increasing demand for convenience food are among the major driving factors of the global frozen food market. When a food product (regional/staple/seasonal) is frozen and preserved, it is easily available, anywhere & anytime. This easy availability has influenced the purchasing patterns of consumers, placing frozen foods among the products on their list of daily consumables. The market has few limitations like the price of a frozen product is much higher when compared to its fresh form due to its high production cost. There are limitations in monitoring accurate freezing temperature and maintaining the frozen product intact. The global frozen food market is vast, and there are excellent opportunities to explore this market, especially, in developing countries.

Market Segmentation

The global frozen food market is segmented based on four key factors. By type, it is differentiated as ready-to-eat (thaw & serve), ready-to-cook and ready-to-drink. The product segmentation covers various frozen food categories of fruits & vegetables, meat, fish, ready meals, beverages, snacks, etc. The market is also segmented by the major freezing technologies, such as IQF (Individual Quick Freezing), blast freezing, etc.

Regional Analysis

Europe has the largest share in the global frozen food market, with sales of USD XX billion andNorth America is projected as next in line on the growth chart. Asia-Pacific is expected to witness the highest CAGR, through 2022. Japan leads the Asian countries, regarding frozen food consumption, with 7.82 million tons, in 2010. Ready meals are the most expensive among the frozen food product categories, and thus, account for the largest market share of 40%, regarding revenue. Frozen pizza is the fastest-growing segment in the frozen ready meals segment.

Competitive Environment

Increased consumption of frozen foods is influencing companies to produce sustainable and durable food products. Leading companies in the global food & beverages industry are investing in the growth of the global frozen foods market. As per estimates, the contribution of the top four companies, such as Nestle and H.J. Heinz, in the global frozen foods market is approximately19%, collectively. Other key companies include -

  • ConAgra Foods Inc.
  • Maple Leaf Foods Inc.
  • General Mills

Key Deliverables in the Study

  • Market analysis of the global frozen food market, with region-specific assessments and competition analysis on a comprehensive and regional scale.
  • Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the global frozen food market for composites market on both, global and regional, scales.
  • A comprehensive list of the main market players along with the analysis of their current strategic interests and vital financial information.
  • Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
Note: Product cover images may vary from those shown
2 of 6


  • Ajinomoto Co., Inc.
  • Conagra Foods, Inc.
  • General Mills, Inc.
  • Iceland Foods Ltd.
  • McCain foods
  • Pinnacle Foods Inc.
  • MORE
1.1 Research Methodology
1.2 Market Definition
1.3 Report Description

2. Market Overview
2.1 Market Trends

3. Market Dynamics
3.1 Drivers
3.1.1 Increase in Demand for Convenience Food Products
3.1.2 Availability of Staple, Seasonal and Regional Food Irrespective of Time and Place
3.1.3 Finest Preservation Technique
3.2 Restraints
3.2.1 Competition From Really Large Companies and Huge Budgets
3.2.2 Health and Sensory (Taste and Texture) Concerns
3.3 Opportunities
3.3.1 Increase in Novel Frozen Food Product Portfolio
3.3.2 Lower Penetration & High Exploration Market
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition

4. Segmentation
4.1 By Type
4.1.1 Ready-To-Eat
4.1.2 Ready-To-Cook
4.1.3 Ready-To-Drink
4.1.4 Others
4.2 By Application
4.2.1 Frozen Fruits & Vegetables
4.2.2 Frozen Meat & Fish
4.2.3 Frozen-Cooked Ready Meals
4.2.4 Frozen Beverages
4.2.5 Frozen Snacks
4.2.6 Others
4.3 By Freezing Technique
4.3.1 IQF- Individual Quick Freezing
4.3.2 Blast Freezing
4.3.3 Belt Freezing
4.3.4 Others
4.4 By Geography
4.4.1 North America United States Canada Mexico Others
4.4.2 Europe United Kingdom Germany Spain Russia Others
4.4.3 Asia-Pacific China Japan Others
4.4.4 South America Brazil Argentina Others
4.4.5 Africa South Africa Others

5. Competitive Landscape
5.1 Most Adopted Market Strategies
5.2 Most Active Companies
5.3 Market Share Analysis

6. Company Profiles
6.1 Nestle
6.2 Uniliver Plc
6.3 Mc Cain foods
6.4 Iceland Foods Ltd.
6.5 Amy's Kitchen, Inc.
6.6 Conagra Foods, Inc.
6.7 Kraft Food, Inc.
6.8 Ajinomoto Co., Inc.
6.9 Pinnacle Foods Inc.
6.10 General Mills, Inc.
6.11 H. J. Heinz Company.
6.12 Mother Dairy Fruit & Vegetable Pvt. Ltd.
6.13 Tyson Foods, Inc.
6.14 General Mills Inc.
6.15 The Schwan Food Company
6.16 Quirch Foods Company
6.17 Rich Products Corporation

7. Appendix
7.1 Sources
7.2 Disclaimer
Note: Product cover images may vary from those shown
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4 of 6
  • Ajinomoto Co., Inc.
  • Amy's Kitchen, Inc.
  • Conagra Foods, Inc.
  • General Mills Inc.
  • General Mills, Inc.
  • H. J. Heinz Company.
  • Iceland Foods Ltd.
  • Kraft Food, Inc.
  • McCain foods
  • Mother Dairy Fruit & Vegetable Pvt. Ltd.
  • Nestle
  • Pinnacle Foods Inc.
  • Quirch Foods Company
  • Rich Products Corporation
  • The Schwan Food Company
  • Tyson Foods, Inc.
  • Uniliver Plc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown