Frozen Food Market

1. “Meticulous Research® Projects Hearing Frozen Food Market to Reach $447.79 Billion by 2030” pen_spark” J

2. Frozen Food Market 2024-2030 Global Frozen Food Market: Growth Forecast and Industry Insights The global frozen food market is poised to achieve a remarkable $447.79 billion by 2031, expanding at a robust 5.5% CAGR throughout the forecast period. This growth trajectory is fueled by a surge in demand for convenience meals, advancements in the global cold-chain infrastructure, and evolving consumer preferences. Nevertheless, the market faces constraints due to a growing inclination towards fresh and natural food and the necessity for stringent temperature control for frozen products. Emerging trends, such as plant-based and gluten-free frozen foods, are shaping the industry's future, while rising E-commerce penetration and economic growth in regions like Asia-Pacific, Latin America, the Middle East, and Africa offer substantial opportunities. However, the need for enhanced cold-chain infrastructure in developing countries remains a significant challenge. Download Sample Report Here @ https://www.meticulousresearch.com/download- sample- report/cp_id=5313?utm_source=article&utm_medium=social&utm_campaign=product&u tm_content=18-09-2024 Market Dynamics and Key Trends The frozen food market is segmented by product type, including ready meals, meat & poultry, seafood, dairy products, bakery items (such as bread, pizza crusts, cakes, pastries, cookies, biscuits, doughnuts, and waffles), vegetables, fruits, and other frozen goods. Products are also categorized by type into raw, half-cooked, and ready-to-eat segments, and distribution channels are divided into business-to-business (B2B) and business-to-consumer (B2C) categories, with further distinctions between offline and online channels. Product Insights •Ready Meals: Expected to dominate with a 32.1% market share in 2024, driven by fast-paced lifestyles and increasing demand for convenient meal solutions. This segment's growth is bolstered by popularity among younger demographics and broad availability in convenience stores and supermarkets. •Seafood: Projected to experience the highest CAGR, supported by the rising popularity of seafood for its high protein content and the growth of aquaculture. Technological advancements in quick-freezing are further enhancing market growth. •Raw Products: Anticipated to hold a 46.3% market share in 2024. The segment benefits from heightened consumer awareness of nutritional benefits, expanded frozen technologies, and frequent new product introductions. Conversely, the ready- to-eat segment is expected to exhibit the highest CAGR. Distribution Channels •Business-to-Business (B2B): Expected to command a 52.7% share in 2024, driven by the increasing volume of frozen food trading, the rise of quick-service restaurants (QSRs), and heightened demand from the food service sector. •Business-to-Consumer (B2C): Projected to grow at the highest CAGR, fueled by urban population density, the popularity of online shopping, the expansion of Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Frozen Food Market 2024-2030 supermarkets and hypermarkets, and consumer demand for personalized and convenient products. Geographical Insights •Europe: Set to hold the largest market share of 36.9% in 2024, with an estimated market value of $113,781.4 million. Europe's dominance is attributed to a preference for ready-to-eat foods, a well-established cold chain, favorable regulations, technological innovation, and a growing import market. •Asia-Pacific: Expected to witness the highest CAGR, driven by increasing foreign direct investments (FDI) in retail, expansion of cold-chain facilities, shifting consumer lifestyles, and heightened demand for processed and dairy products in emerging economies like India, Indonesia, and Thailand. Key Players The frozen food market is competitive, featuring prominent players such as General Mills, Inc. (U.S.), Conagra Brands, Inc. (U.S.), Nestlé S.A. (Switzerland), Unilever PLC (U.K.), McCain Foods Limited (Canada), The Kraft Heinz Company (U.S.), Tyson Foods, Inc. (U.S.), Associated British Foods plc (U.K.), Ajinomoto Co., Inc. (Japan), Vandemoortele NV (Belgium), Lantmännen Unibake International (Denmark), Cargill, Incorporated (U.S.), Europastry, S.A. (Spain), JBS S.A. (Brazil), ARYZTA AG (Switzerland), and Nomad Foods Limited (U.K.). Read Full Report :- https://www.meticulousresearch.com/product/frozen-food-market- 5313?utm_source=article&utm_medium=social&utm_campaign=product&utm_content =18-09-2024 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Frozen Food Market 2024-2030 Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com