Frozen Food Market Report 2025

The frozen food market size has grown strongly in recent years. It will grow from $238.45 billion in 2024 to $253.49 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to globalization and cross-cultural influences, brand loyalty and marketing campaigns, convenience and time-saving appeal, changing consumer lifestyles, innovations in product varieties.

The frozen food market size is expected to see strong growth in the next few years. It will grow to $323.3 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to sustainability practices, focus on ethnic and regional flavors, clean label and transparency, government initiatives for healthy eating, demand for frozen snacks and appetizers. Major trends in the forecast period include sustainable packaging, gourmet and premium frozen options, advancements in freezing technologies, innovations in processing, digital marketing, customization and personalization.

The growth of the frozen food market is supported by stable economic growth projected in many developed and developing countries. The recovery of commodity prices, following a significant decline in previous years, is also anticipated to contribute to the market's expansion. Developed economies are expected to show stable growth throughout the forecast period, while emerging markets are likely to continue growing at a slightly faster pace than developed ones. For example, the World Bank reported that China’s gross domestic product (GDP) rose to $17.94 trillion in 2022, up from $17.82 trillion in 2021. Additionally, India’s GDP increased by between 8% and 8.5% during 2022-2023 and by 9.2% in 2021-2022. This stable economic growth is expected to boost investments in end-user markets, thereby propelling the frozen food market forward during the forecast period.

The rising demand for food safety is fueling the growth of the frozen food market in the future. Food safety encompasses the practices and conditions that ensure food is safe for consumption, free from contamination, and does not pose health risks. This critical factor can enhance the frozen food market by increasing consumer confidence, ensuring product quality, and minimizing the risk of foodborne illnesses. For instance, the Food Security Index, a UK-based organization, estimated in July 2024 that 900 million people were severely food insecure in 2022, which represents 11.3% of the global population (FAO Food Security Indicators). Therefore, the increasing demand for food safety is a significant driver of growth in the frozen food market.

Frozen food manufacturers are adopting advanced freezing technologies such as Individual Quick Freezing (IQF) to enhance the yield and quality of their frozen food products. The IQF method involves the rapid freezing of individual food items on a conveyor belt within a blast freezer. Unlike as bulk or block freezing, IQF freezes each piece of food separately, resulting in increased yield by 1.5-3% and producing high-quality products with enhanced nutritional value and reduced wastage. Notable examples of IQF foods encompass fruits such as blueberries, strawberries, and peaches, as well as vegetables such as corn, peas, and green beans. The global IQF vegetable market is anticipated to reach $2 billion by 2026, underscoring substantial demand for IQF food products in the future.

Key players in the frozen food market are actively innovating new food products to maintain their market position. Advanced frozen food refers to products frozen using cutting-edge freezing technologies that preserve the food's quality, texture, and nutrients. For instance, in May 2023, Beyond Meat Inc., a US-based food company, introduced three frozen plant-based ready meals at Tesco stores, including Spaghetti Bolognese, Keema Curry & Pilau Rice, and Chili with Coriander Rice. Catering to flexitarians, vegetarians, and vegans with busy schedules, these meals provide a plant-based twist on traditional comfort foods, ensuring quick preparation and a rich protein content. Available across Tesco locations in the UK, these ready meals follow the UK debut of Beyond Meat's plant-based chicken, showcasing the company's commitment to introducing new and innovative products to the market.

Major companies operating in the frozen food market include Nippon Suisan Kaisha Ltd., Frosta Aktiengesellschaft, Nestle S.A., Unilever PLC, Tyson Foods Inc., The Kraft Heinz Company, General Mills Inc., Alfa SA.B. de C.V., Kellogg's Company, Conagra Brands Inc., McCain Foods Limited, Ajinomoto Co. Inc., BRF S.A., J. R. Simplot Company, Patterson Frozen Foods Inc., On-Cor Frozen Foods Inc., Paris Foods Corp., Lamb Weston Holdings Inc., Rich Products Corporation, Nomad Foods Ltd., J&J Snack Foods Corp., Schwan's Company, Wawona Frozen Foods Inc., Breyers, Bellisio Foods Inc., Oregon Ice Cream Co. LLC, Peak Foods Llc, Nulaid Foods Inc., OLD FASHIONED KITCHEN INC., Italia Foods Inc., Jacmar DDC LLC, ORC Foods Inc., Panhandle Foods Sales Inc., Amy's Kitchen Inc., Goya Foods Inc.

Asia-Pacific was the largest region in the frozen food market in 2024. North America was the second-largest region in the frozen food market. The regions covered in the frozen food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the frozen food market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The frozen food market consists of sales of frozen fruit, frozen juices, frozen vegetables, frozen dinners, entrees, frozen side dishes, frozen pizza, frozen whipped toppings, frozen waffles, frozen pancakes, french toast. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Frozen foods refer to food products that have been preserved through freezing, which helps maintain their quality, flavor, and nutritional value over time. They are used for a variety of purposes, including convenient meal preparation, extended shelf life, and minimizing food waste. Frozen foods encompass a wide range of items, such as fruits, vegetables, meats, seafood, and prepared meals, making them a popular choice for consumers looking for quick and easy cooking options.

Primary types of frozen foods include frozen fruit, juice, vegetables, and specialty frozen foods. Frozen fruits, harvested at peak ripeness, are rapidly frozen and packaged in a nitrogen environment. These frozen food items cater to users in the food service industry and retail sectors, distributed through various channels such as supermarkets, hypermarkets, convenience stores, e-commerce platforms, and other distribution channels.

The frozen food research report is one of a series of new reports that provides frozen food statistics, including global market size, regional shares, competitors with frozen food shares, detailed frozen food segments, market trends and opportunities, and any further data you may need to thrive in the frozen food industry. This frozen food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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