Market Research Logo

Global Frozen Food Market 2017-2021

Global Frozen Food Market 2017-2021

About Frozen Food

Frozen foods are packaged food items that are prepared by freezing the foods to preserved them from the time of their preparation to consumption. The freezing process is usually of two types: mechanical (with a freezing temperature of -30 °F) or flash freezing/cryogenic (with a freezing temperature of -160 °F; this process is usually used for large quantities). With the increasing hectic schedules of consumers and the subsequent demand for quick meals, the popularity of convenience food products is increasing. Improving living standards, growth of urban settlements, and growing working women population is also adding to this new trend in the global frozen food market.

Technavio’s analysts forecast the global frozen food market to grow at a CAGR of 6.15% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global frozen food market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of frozen foods sold to individual customers as well as to foodservice customers through various retail outlets, which include, but are not limited to, hypermarkets, supermarkets, convenience stores, independent retailers, discount stores, warehouse clubs, and online channel.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Frozen Food Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amy’s Kitchen
  • Conagra Brands
  • McCain Foods
  • Tyson Foods
Other prominent vendors
  • Ajinomoto Windsor
  • General Mills
  • Greencore
  • Kraft Heinz
  • Hormel Foods
  • Iceland Foods
  • Nomad Foods Europe
  • Nestlé
  • FINDUS
  • The Hain Celestial
  • The Schwan Food Company
  • 2 Sisters Food
Market driver
  • Rising urbanization leading to demand for convenient food products.
  • For a full, detailed list, view our report
Market challenge
  • Increase in consumer preference for fresh food.
  • For a full, detailed list, view our report
Market trend
  • Rise in demand for gluten-free products.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Frozen Food Market 2017-2021

Technavio recognizes the following companies as the key players in the global frozen food market: Amy’s Kitchen, Conagra Brands, McCain Foods, and Tyson Foods.

Other Prominent Vendors in the market are: Ajinomoto Windsor, General Mills, Greencore, Kraft Heinz, Hormel Foods, Iceland Foods, Nomad Foods Europe, Nestlé, FINDUS, The Hain Celestial, The Schwan Food Company, and 2 Sisters Food.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is continuous product innovation. Frozen food companies invest in R&D and keep modifying and innovating existing and new products. An array of products is offered by these companies under one type of frozen food. Companies are looking for new ways to differentiate their brands by producing disruptive brands and products to increase their revenues. The widening of the product portfolio aims at expanding customer base across the globe.”

According to the report, one driver in market is growing desire for convenience. The demand for ready-to-eat or convenience food has risen over time due to busy schedules and change in eating habits. Due to hectic lifestyles, consumers prefer frozen foods that reduce the preparation or cooking time and clean-up time. Further, the tendency to have more leisure time among consumers is increasing, which, in turn, is leading to the increase in demand for convenience food products such as frozen foods. Preparing freshly cooked food requires many pre- as well as post-cooking requirements. Frozen food provides convenient solutions during meal time by offering meal kits like frozen canned soup or frozen ready-to-eat meal box. Frozen food is available in a wide range, from entrees to full meal kits, from American style breakfast to Asian cuisines. In the UK, children's frozen ready meals are also seeing consistent growth due to busy lifestyles of parents. Kiddyum, a UK-based brand, specializes in frozen foods for children.

Further, the report states that one challenges in market is increase in consumer preference for fresh food. The growing health consciousness and demand for fresh food are constant threats to the frozen food industry. The adoption of fresh foods is high among young consumers. Consumers consider frozen food to be stale whereas fresh food offers better nutrition value — a factor that is causing a shift in the consumption pattern. In recent years, there has been a drastic rise in the occurrence of health problems such as diabetes, digestive disorders, allergies, and obesity in the global population. Hence, people have increasingly become health conscious and are following a healthy diet, which is fueling the demand for fresh foods to prevent or reduce the occurrence of health problems. The health-conscious population segment demands foods with fewer calories and essential nutrients. Hence, healthy eating habits have increased the demand for fresh foods as they are unprocessed and contain vitamins, fibers, and naturally occurring minerals.

Companies Mentioned

Amy’s Kitchen, Conagra Brands, McCain Foods, Tyson Foods, Ajinomoto Windsor, General Mills, Greencore, Kraft Heinz, Hormel Foods, Iceland Foods, Nomad Foods Europe, Nestlé, FINDUS, The Hain Celestial, The Schwan Food Company, and 2 Sisters Food.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Global frozen food market 2016: An outlook
    • Key frozen food attributes
      • Table Major impacting factors for global frozen food market
      • Table Global frozen food market: An overview
      • Table Product segments in global frozen food market
    • Global frozen food market
      • Table Global frozen food market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global frozen food market by product type
      • Table Global frozen food market by product type 2016 and 2021 (% share)
      • Table Growth outlook for global frozen food market by product type 2016-2021
    • Global frozen ready-to-eat meals market
      • Table Global frozen ready-to-eat meals market 2016-2021 ($ billions)
    • Global frozen meat and poultry market
      • Table Global frozen meat and poultry market 2016-2021 ($ billions)
    • Global frozen fish and seafood market
      • Table Global frozen fish and seafood market 2016-2021 ($ billions)
    • Global frozen fruits and vegetables market
      • Table Global frozen fruits and vegetables market 2016-2021 ($ billions)
    • Global frozen potato products market
      • Table Global frozen potato products market 2016-2021 ($ billions)
    • Global frozen soup market
      • Table Global frozen soup market 2016-2021 ($ billions)
  • Geographical segmentation
    • Global frozen food market by geography
      • Table Global frozen food market by geography 2016 and 2021 (% share)
      • Table Growth outlook for global frozen food market by geography 2016-2021
    • Frozen food market in EMEA
      • Table Frozen food market in EMEA 2016-2021 ($ billions)
      • Table Value chain: Frozen food
    • Frozen food market in Americas
      • Table Frozen food market in Americas 2016-2021 ($ billions)
    • Frozen food market in APAC
      • Table Frozen food market in APAC 2016-2021 ($ billions)
  • Market segmentation by distribution channel
    • Table Global frozen food market by distribution channel 2016 (% share)
    • Table Number of convenience stores 2014 and 2015
    • Table Global internet penetration rate 2015 (%)
  • Key leading countries
    • Table Key leading countries: Market share 2016
    • US
      • Table Frozen food market in US 2016-2021 ($ billions)
    • Germany
      • Table Frozen food market in Germany 2016-2021 ($ billions)
    • UK
      • Table Frozen food market in UK 2016-2021 ($ billions)
    • China
      • Table Frozen food market in China 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Women's workforce participation rate for key countries 2014 (% of women aged 15 years and above)
      • Table Global urban population 2010-2015 (billions)
      • Table Growth of urban settlements 2005-2015
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Global fresh food market 2016-2021 (billion tons)
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Technological advancements
    • Continuous product innovation
    • Rise in demand for gluten-free products
  • Competitor analysis
    • Table Product launches with gluten-free claims in key geographical regions in 2014 and 2015
    • Competitive scenario
    • Competitive positioning assessment
      • Table Competitive positioning matrix for frozen food manufacturers in 2016
    • Market positioning matrix based on product portfolio and brand presence for key market players
      • Table Market positioning matrix based on product portfolio and brand presence for key market competitors
    • Amy's Kitchen
      • Table Amy's Kitchen: Product portfolio
    • Conagra Brands
      • Table Conagra Brands: Product portfolio
    • McCain Foods
      • Table McCain Foods: Product portfolio
    • Tyson Foods
      • Table Tyson Foods: Product portfolio
    • Other prominent market players
      • Table Ajinomoto Windsor: Product portfolio
      • Table General Mills: Product portfolio
      • Table Greencore Group: Product portfolio
      • Table Kraft Heinz: Product portfolio
      • Table Homel Foods: Product portfolio
      • Table Iceland: Product portfolio
      • Table Nomad Foods Europe: Product portfolio
      • Table Nestle: Product portfolio
      • Table FINDUS: Product portfolio
      • Table The Hain Celestial Group: Product portfolio
      • Table Schwan Food Company: Product portfolio
      • Table 2 Sisters foods: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report