Product Code: PM1139
The global frozen food market size is expected to reach USD 340.38 billion by 2034, according to a new study by Polaris Market Research. The report "Frozen Food Market Size, Share, Trends, Industry Analysis Report: By Product, Freezing Technology (Individual Quick Freezing (IQF), Blast Freezing, and Belt Freezing), Distribution Channel, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The frozen food market is dynamic and rapidly growing due to evolving consumer lifestyles, technological advancements in food preservation, and an increasing preference for convenience. Frozen foods encompass a wide range of products, including ready-to-eat meals, fruits, vegetables, seafood, meat, and bakery products, catering to both retail and food service sectors. This market has experienced substantial growth due to urbanization, the rise of dual-income households, and a growing awareness of nutritional value and food safety standards.
The increasing pace of life has made convenience vital for consumers, significantly boosting the demand for frozen food products. Urbanization and the proliferation of working professionals have reduced the time available for meal preparation, leading to a preference for frozen food options. These products are easy to store, have a longer shelf life, and are more economical than fresh alternatives, making them an attractive choice for modern consumers. Additionally, advancements in freezing technology, such as individually quick freezing (IQF) and cryogenic freezing, have enhanced the quality and taste of frozen food, further driving its popularity.
Frozen Food Market Report Highlights
In terms of distribution channels, the online stores segment is projected to grow at a rapid pace during the forecast period, owing to the rising digitalization and e-commerce adoption.
Based on freezing technology, the individual quick freezing (IQF) segment held the largest frozen food market share in 2024 due to its superior ability to preserve the quality, texture, and nutritional value of food products.
In the global market, the frozen food market in North America held the highest revenue share in 2024 due to strong consumer demand, well-established retail infrastructure, and advanced cold chain logistics.
Asia Pacific frozen food market is expected to witness a significant CAGR over the forecast period due to rapid urbanization, an expanding middle class, and evolving consumer preferences.
Some of the global key market players are Unilever; Nestle S.A.; General Mills, Inc.; Nomad Foods Ltd.; Tyson Foods Inc.; Conagra Brands Inc.; Wawona Frozen Foods; Bellisio Parent, LLC; The Kellogg Company; and The Kraft Heinz Company.
Polaris Market Research has segmented the frozen food market report based on product, freezing technology, distribution channel, and region:
By Product Outlook (Revenue, USD Billion, 2020 - 2034)
- Frozen Soups
- Frozen Ready Meals
- Frozen Seafood
- Frozen Meat and Poultry
- Frozen Fruit and Vegetables
- Frozen Potatoes
By Freezing Technology Outlook (Revenue, USD Billion, 2020 - 2034)
- Individual Quick Freezing (IQF)
- Blast Freezing
- Belt Freezing
By Distribution Channel Outlook (Revenue, USD Billion, 2020 - 2034)
- Offline Retail Stores
- Hypermarkets & Supermarkets
- Convenience Stores
- Online Stores
By Regional Outlook (Revenue, USD Billion, 2020 - 2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source
4. Global Frozen Food Market Insights
- 4.1. Frozen Food Market - Market Snapshot
- 4.2. Frozen Food Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing Urbanization Worldwide
- 4.2.1.2. Increasing Popularity of E-commerce Globally
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Insufficient data volume
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Frozen Food Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Frozen Food Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 5.3. Frozen Soups
- 5.3.1. Global Frozen Food Market, by Frozen Soups, by Region, 2020-2034 (USD Billion)
- 5.4. Frozen Ready Meals
- 5.4.1. Global Frozen Food Market, by Frozen Ready Meals, by Region, 2020-2034 (USD Billion)
- 5.5. Frozen Seafood
- 5.5.1. Global Frozen Food Market, by Frozen Seafood, by Region, 2020-2034 (USD Billion)
- 5.6. Frozen Meat and Poultry
- 5.6.1. Global Frozen Food Market, by Frozen Meat and Poultry, by Region, 2020-2034 (USD Billion)
- 5.7. Frozen Fruit and Vegetables
- 5.7.1. Global Frozen Food Market, by Frozen Fruit and Vegetables, by Region, 2020-2034 (USD Billion)
- 5.8. Frozen Potatoes
- 5.8.1. Global Frozen Food Market, by Frozen Potatoes, by Region, 2020-2034 (USD Billion)
6. Global Frozen Food Market, by Freezing Technology
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 6.3. Individual Quick Freezing (IQF)
- 6.3.1. Global Frozen Food Market, by Individual Quick Freezing (IQF), by Region, 2020-2034 (USD Billion)
- 6.4. Blast Freezing
- 6.4.1. Global Frozen Food Market, by Blast Freezing, by Region, 2020-2034 (USD Billion)
- 6.5. Belt Freezing
- 6.5.1. Global Frozen Food Market, by Belt Freezing, by Region, 2020-2034 (USD Billion)
7. Global Frozen Food Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 7.3. Offline Retail Stores
- 7.3.1. Global Frozen Food Market, by Offline Retail Stores, by Region, 2020-2034 (USD Billion)
- 7.3.2. Hypermarkets & Supermarkets
- 7.3.2.1. Global Frozen Food Market, by Hypermarkets & Supermarkets, by Region, 2020-2034 (USD Billion)
- 7.3.3. Convenience Stores
- 7.3.3.1. Global Frozen Food Market, by Convenience Stores, by Region, 2020-2034 (USD Billion)
- 7.4. Online Stores
- 7.4.1. Global Frozen Food Market, by Online Stores, by Region, 2020-2034 (USD Billion)
8. Global Frozen Food Market, by Geography
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Frozen Food Market Assessment, By Geography, 2020-2034 (USD Billion)
- 8.3. Frozen Food Market - North America
- 8.3.1. North America: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.3.2. North America: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.3.3. North America: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.3.4. Frozen Food Market - U.S.
- 8.3.4.1. U.S.: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.3.4.2. U.S.: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.3.4.3. U.S.: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.3.5. Frozen Food Market - Canada
- 8.3.5.1. Canada: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.3.5.2. Canada: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.3.5.3. Canada: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4. Frozen Food Market - Europe
- 8.4.1. Europe: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.2. Europe: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.3. Europe: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.4. Frozen Food Market - UK
- 8.4.4.1. UK: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.4.2. UK: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.4.3. UK: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.5. Frozen Food Market - France
- 8.4.5.1. France: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.5.2. France: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.5.3. France: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.6. Frozen Food Market - Germany
- 8.4.6.1. Germany: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.6.2. Germany: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.6.3. Germany: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.7. Frozen Food Market - Italy
- 8.4.7.1. Italy: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.7.2. Italy: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.7.3. Italy: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.8. Frozen Food Market - Spain
- 8.4.8.1. Spain: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.8.2. Spain: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.8.3. Spain: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.9. Frozen Food Market - Netherlands
- 8.4.9.1. Netherlands: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.9.2. Netherlands: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.9.3. Netherlands: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.10. Frozen Food Market - Russia
- 8.4.10.1. Russia: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.10.2. Russia: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.10.3. Russia: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.4.11. Frozen Food Market - Rest of Europe
- 8.4.11.1. Rest of Europe: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.4.11.2. Rest of Europe: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.4.11.3. Rest of Europe: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5. Frozen Food Market - Asia Pacific
- 8.5.1. Asia Pacific: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.4. Frozen Food Market - China
- 8.5.4.1. China: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.4.2. China: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.4.3. China: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.5. Frozen Food Market - India
- 8.5.5.1. India: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.5.2. India: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.5.3. India: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.6. Frozen Food Market - Malaysia
- 8.5.6.1. Malaysia: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.6.2. Malaysia: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.6.3. Malaysia: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.7. Frozen Food Market - Japan
- 8.5.7.1. Japan: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.7.2. Japan: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.7.3. Japan: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.8. Frozen Food Market - Indonesia
- 8.5.8.1. Indonesia: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.8.2. Indonesia: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.8.3. Indonesia: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.9. Frozen Food Market - South Korea
- 8.5.9.1. South Korea: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.9.2. South Korea: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.9.3. South Korea: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.10. Frozen Food Market - Australia
- 8.5.10.1. Australia: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.10.2. Australia: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.10.3. Australia: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.5.11. Frozen Food Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.5.11.2. Rest of Asia Pacific: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.5.11.3. Rest of Asia Pacific: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.6. Frozen Food Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.6.4. Frozen Food Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.6.4.2. Saudi Arabia: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.6.4.3. Saudi Arabia: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.6.5. Frozen Food Market - UAE
- 8.6.5.1. UAE: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.6.5.2. UAE: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.6.5.3. UAE: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.6.6. Frozen Food Market - Israel
- 8.6.6.1. Israel: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.6.6.2. Israel: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.6.6.3. Israel: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.6.7. Frozen Food Market - South Africa
- 8.6.7.1. South Africa: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.6.7.2. South Africa: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.6.7.3. South Africa: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.6.8. Frozen Food Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.6.8.2. Rest of Middle East & Africa: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.6.8.3. Rest of Middle East & Africa: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.7. Frozen Food Market - Latin America
- 8.7.1. Latin America: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.7.4. Frozen Food Market - Mexico
- 8.7.4.1. Mexico: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.7.4.2. Mexico: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.7.4.3. Mexico: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.7.5. Frozen Food Market - Brazil
- 8.7.5.1. Brazil: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.7.5.2. Brazil: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.7.5.3. Brazil: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.7.6. Frozen Food Market - Argentina
- 8.7.6.1. Argentina: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.7.6.2. Argentina: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.7.6.3. Argentina: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
- 8.7.7. Frozen Food Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: Frozen Food Market, by Product, 2020-2034 (USD Billion)
- 8.7.7.2. Rest of Latin America: Frozen Food Market, by Freezing Technology, 2020-2034 (USD Billion)
- 8.7.7.3. Rest of Latin America: Frozen Food Market, by Distribution Channel, 2020-2034 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Unilever
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Nestle S.A.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. General Mills, Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Nomad Foods Ltd.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Tyson Foods Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Conagra Brands Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Wawona Frozen Foods
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Bellisio Parent, LLC
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. The Kellogg Company
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. The Kraft Heinz Company
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development