The global frozen foods market revenue size was USD 297.47 billion in 2023. The market is projected to grow from USD 310.77 billion in 2024 to USD 441.11 billion by 2032 at a CAGR of 4.80% during the 2024-2032 period. This information is provided by Fortune Business Insights, in its report, titled, “Frozen Foods Market, 2024-2032.”
As per the research conducted by our expert analysts, the market is observing advanced growth owing to the growing demand for easily accessible food products such as ready-to-eat meals and cold cuts.
The global frozen products market includes various types such as frozen ready meals, frozen seafood and meat, frozen snacks and bakery items, as well as other products like fruits and vegetables. These products are distributed through supermarkets and hypermarkets, convenience stores, specialty stores, and online retail channels.
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List of Key Players Mentioned in the Frozen Foods Market Report:
Segmentation:
On the basis of type, the market is segregated into frozen ready meals, frozen seafood & meat products, frozen snacks & bakery products, and others. Among these, the frozen seafood & meat segment is anticipated to hold the major share in the market.
Based on distribution channel, the market is separated into Supermarket/Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail.
Geographically, the global market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.