The Indian frozen foods market includes different types of products such as frozen fruits and vegetables, prepared meals, frozen meat, seafood, and dairy items.
In 2023, the frozen foods market in India was valued at INR 146.18 Bn and the market is expected to expand at a compound annual growth rate (CAGR) of ~15.72% during the 2024 - 2029 period. The expansion of the frozen food industry is because of a shift in consumers’ habits, higher disposable incomes, and a growing need for ready-to-cook meal options.
Moreover, improvements in cold chain infrastructure and distribution networks have improved access to these products in both urban and rural areas.
In 2023, the frozen foods market in India was valued at INR 146.18 Bn and the market is expected to expand at a compound annual growth rate (CAGR) of ~15.72% during the 2024 - 2029 period. The expansion of the frozen food industry is because of a shift in consumers’ habits, higher disposable incomes, and a growing need for ready-to-cook meal options.
Moreover, improvements in cold chain infrastructure and distribution networks have improved access to these products in both urban and rural areas.
Market drivers:
As disposable incomes rise, consumers are increasingly drawn to convenient meal options. Frozen foods have become especially appealing to busy Indian professionals and families, as they save both time and effort in meal preparation. Higher disposable income also allows consumers to explore premium frozen food options, including organic, gourmet, and artisanal products. This shift is fueling demand and preference for a wider range of high-quality frozen food choices.Table of Contents
Chapter 1: Executive SummaryChapter 2: Socio-Economic Indicators
Chapter 3: Introduction
3.1. Market definition and structure
Chapter 4: Market Overview
4.1. Frozen Foods Market in India - An Overview
4.2. Market Size and Growth Forecast (2024 - 2029)
4.3. Current Market Scenario
4.4. Porter’s Five Forces Analysis
Chapter 5: Market Influencers
5.1. Market drivers
5.2. Market challenges
Chapter 6: Market Trends
6.1. Key Market Trends
Chapter 7: Government Initiatives
7.1. Favorable government initiative
Chapter 8: Competitive Landscape
8.1. Apex Frozen Foods Ltd.
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographic segments
8.3. ITC Ltd.
8.4. Venky's (India) Ltd.
8.5. Capricorn Food Products India Ltd.
8.6. Hyfun Frozen Foods Private Limited
8.7. Innovative Foods Ltd.
8.8. Mother Dairy Fruit and Vegetable Pvt. Ltd.
8.9. Top Fresh International Pvt. Ltd.
8.10. McCain Foods (India) Pvt. Ltd.
Chapter 9: Recent Developments
9.1. Key Recent Developments
Chapter 10: Appendix
10.1. Research methodology
10.2. About the publisher
10.3. Disclaimer
Companies Mentioned
- Apex Frozen Foods Ltd.
- Godrej Agrovet Ltd.
- ITC Ltd.
- Venky's (India) Ltd.
- Capricorn Food Products India Ltd.
- Hyfun Frozen Foods Private Limited
- Innovative Foods Ltd.
- Mother Dairy Fruit and Vegetable Pvt. Ltd.
- Top Fresh International Pvt. Ltd.
- McCain Foods (India) Pvt. Ltd.
Methodology
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