India Frozen Food Market, By Product (Frozen Snacks, Frozen Meat & Seafood, Frozen Fruits & Vegetables, Frozen Dairy & Dessert, and Frozen Meals), By Distribution Channel, By Region, By States, Competition, Forecast & Opportunities, FY2017-FY2027F

The Indian Frozen Food Market stood at USD1204.30 million in FY2021 and is anticipated to grow with a CAGR of 8.00% in the forecast period, to reach USD1841.28 million by FY2027F. The high demand for convenience food items, changing lifestyle, and increasing product innovation are the key factors driving the demand for the Indian Frozen Food Market in the forecast period.

Growth in the reach of the e-commerce industry in every corner of the country due to high internet penetration and proliferation of smart devices is accelerating the purchase of frozen food items. In addition to this growing expenditure capacity of consumers to purchase quality products is playing a significant role in influencing the demand for the Indian Frozen Food Market.

Also, an increase in demand for convenience food items among the consumers as they require less cooking time and eliminate the need to purchase items for cooking preparations is accelerating demand for frozen food items in the country. The demand for processed food is driven by the busy lifestyle of consumers and the surge in population of working women in the country.

The Indian Frozen Food Market is segmented into product, distribution channel, company, and regional distribution, by states. Based on product, the market is divided into frozen snacks, frozen meat & seafood, frozen fruits & vegetables, frozen dairy & dessert, and frozen meals. The frozen dairy & dessert segment held a market share of 6.84% in FY2021 and is expected to witness the fastest incremental growth in the forecast period. The increasing importance of healthy food items due to the rise in health-consciousness among consumers are driving the demand for the Indian Frozen Food Market through the forecast period.

McCain Foods (India) Private Limited, Godrej Tyson Foods Limited (Real Good Chicken and Yummiez), Innovative Foods Limited (Sumeru), Venky’s (India) Limited (Venky’s), Mother Dairy Fruit & Vegetable Private Limited (Safal), ITC Limited (ITC Master Chef), Hyfun Frozen Foods Pvt. Ltd. (HyFun), Top Fresh International Private Limited, DARSHAN FOODS PVT. LTD. (Meatzza), Swadhika Foods LLP, etc., are the major market players operating in the Indian Frozen Food Market.

Years considered for this report:

Historical Years: FY2017-FY2020
Base Year: FY2021
Estimated Year: FY2022E
Forecast Period: FY2023F-FY2027F

Objective of the Study:

To analyze the historical growth in the market size of the Indian Frozen Food Market from FY2017 to FY2021.
To estimate and forecast the market size of the Indian Frozen Food Market from FY2022E to FY2027F and growth rate until FY2027F.
To classify and forecast the Indian Frozen Food Market based on product, distribution channel, company, regional distribution, by states.
To identify dominant region or segment in the Indian Frozen Food Market.
To identify drivers and challenges for the Indian Frozen Food Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Frozen Food Market.
To identify and analyze the profile of leading players operating in the Indian Frozen Food Market.
To identify key sustainable strategies adopted by the market players in the Indian Frozen Food Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of frozen food manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research.

The publisher calculated the Indian Frozen Food Market size by using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used.

Key Target Audience:

Frozen food manufacturing companies
Suppliers/Distributers
End-Users
Government bodies such as regulating authorities and policy makers
Organizations, industry associations, forums and alliances related to frozen food market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as frozen food manufacturing companies, end-users etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Indian Frozen Food Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Frozen Food Market, By Product:

Frozen Snacks
Frozen Meat & Seafood
Frozen Fruits & Vegetables
Frozen Dairy & Dessert
Frozen Meals

India Frozen Food Market, By Distribution Channel:

Departmental Stores
Convenience Stores
Specialty Stores
Hypermarket/Supermarket
Direct Sales
Online Sales Channel

India Frozen Food Market, By Region:

North
West
South
East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Indian Frozen Food Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

Frequently Asked Questions about the Indian Frozen Food Market

What is the estimated value of the Indian Frozen Food Market?

The Indian Frozen Food Market was estimated to be valued at $875.45 Million in 2017.

What is the growth rate of the Indian Frozen Food Market?

The growth rate of the Indian Frozen Food Market is 7.7%, with an estimated value of $1841.28 Million by 2027.

What is the forecasted size of the Indian Frozen Food Market?

The Indian Frozen Food Market is estimated to be worth $1841.28 Million by 2027.

Who are the key companies in the Indian Frozen Food Market?

Key companies in the Indian Frozen Food Market include McCain Foods (India) Private Limited, Godrej Tyson Foods Limited (Real Good Chicken and Yummiez), Innovative Foods Limited (Sumeru), Venky’s (India) Limited (Venky’s), Mother Dairy Fruit & Vegetable Private Limited (Safal), ITC Limited (ITC Master Chef), Hyfun Frozen Foods Pvt. Ltd. (HyFun), Top Fresh International Private Limited and Swadhika Foods LLP.

Report Attribute	Details
No. of Pages	78
Published	February 2022
Forecast Period	2017 - 2027
Estimated Market Value ( USD ) in 2017	$ 875.45 Million
Forecasted Market Value ( USD ) by 2027	$ 1841.28 Million
Compound Annual Growth Rate	7.7%
Regions Covered	India

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on India Frozen Food Market

4. Executive Summary

5. Voice of Customer
5.1. Factors Affecting Purchase Decision
5.2. Brand Awareness
5.3. Challenges Post Purchase
5.4. Preferred Distribution Channel

6. India Frozen Food Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product (Frozen Snacks, Frozen Meat & Seafood, Frozen Fruits & Vegetables, Frozen Dairy & Dessert, and Frozen Meals)
6.2.2. By Distribution Channel (Departmental Stores, Convenience Stores, Specialty Stores, Hypermarket/ Supermarket, Direct Sales, Online Sales Channel)
6.2.3. By Region (North, West, South and East)
6.2.4. By States
6.2.5. By Company (FY2021)
6.3. Market Map

7. India Frozen Snacks Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Frozen Veg Snacks, and Frozen Non-Veg Snacks)
7.2.2. By Distribution Channel
7.2.3. By Region

8. India Frozen Meat & Seafood Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Frozen Chicken, Frozen Prawns, Frozen Fish, Others includes Frozen Pork, Frozen Mutton, etc.)
8.2.2. By Distribution Channel
8.2.3. By Region

9. India Frozen Fruits & Vegetables Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Frozen Vegetables & Frozen Fruits)
9.2.2. By Distribution Channel
9.2.3. By Region

10. India Frozen Dairy & Dessert Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type (Frozen Dairy Products, and Frozen Dessert Products)
10.2.2. By Distribution Channel
10.2.3. By Region

11. India Frozen Meals Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type (Frozen Paratha, Frozen Chapati, and others)
11.2.2. By Distribution Channel
11.2.3. By Region

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Policy & Regulatory Landscape

15. India Economic Profile

16. Competitive Landscape
16.1. McCain Foods (India) Private Limited
16.2. Godrej Tyson Foods Limited (Real Good Chicken and Yummiez)
16.3. Innovative Foods Limited (Sumeru)
16.4. Venky’s (India) Limited (Venky’s)
16.5. Mother Dairy Fruit & Vegetable Private Limited (Safal)
16.6. ITC Limited (ITC Master Chef)
16.7. Hyfun Frozen Foods Pvt. Ltd. (HyFun)
16.8. Top Fresh International Private Limited
16.9. DARSHAN FOODS PVT. LTD. (Meatzza)
16.10. Swadhika Foods LLP

17. Strategic Recommendations

List of FiguresFigure 1: India Frozen Food Market Size, By Value (USD Million), FY2017-FY2027F
Figure 2: India Frozen Food Market Share, By Type, By Value, FY2017-FY2027F
Figure 3: India Frozen Food Market Share, By Distribution Channel, By Value, FY2017-FY2027F
Figure 4: India Frozen Food Market Share, By Region, By Value, FY2017-FY2027F
Figure 5: India Frozen Food Market Share, By States, By Value, FY2017-FY2027F
Figure 6: India Frozen Food Market Share, By Company, By Value, FY2021
Figure 7: India Frozen Food Market Map, By Type, Market Size (USD Million) & Growth Rate (%), FY2021
Figure 8: India Frozen Food Market Map, By Region, Market Size (USD Million) & Growth Rate (%), FY2021
Figure 9: India Frozen Snacks Market Size, By Value (USD Million), FY2017-FY2027F
Figure 10: India Frozen Snacks Market Share, By Type, By Value, FY2017-FY2027F
Figure 11: India Frozen Snacks Market Share, By Distribution Channel, By Value, FY2017-FY2027F
Figure 12: India Frozen Fruits & Vegetables Market Size, By Value (USD Million), FY2017-FY2027F
Figure 13: India Frozen Fruits & Vegetables Market Share, By Type, By Value, FY2017-FY2027F
Figure 14: India Frozen Fruits & Vegetables Market Share, By Distribution Channel, By Value, FY2017-FY2027F
Figure 15: India Frozen Meat & Seafood Market Size, By Value (USD Million), FY2017-FY2027F
Figure 16: India Frozen Meat & Seafood Market Share, By Type, By Value, FY2017-FY2027F
Figure 17: India Frozen Meat & Seafood Market Share, By Distribution Channel, By Value, FY2017-FY2027F
Figure 18: India Frozen Dairy & Dessert Market Size, By Value (USD Million), FY2017-FY2027F
Figure 19: India Frozen Dairy & Dessert Market Share, By Type, By Value, FY2017-FY2027F
Figure 20: India Frozen Dairy & Dessert Market Share, By Distribution Channel, By Value, FY2017-FY2027F
Figure 21: India Frozen Meals Market Size, By Value (USD Million), FY2017-FY2027F
Figure 22: India Frozen Meals Market Share, By Type, By Value, FY2017-FY2027F
Figure 23: India Frozen Meals Market Share, By Distribution Channel, By Value, FY2017-FY2027F