Frozen Food Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 January 18
SKU : FB568
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FAQ’s
What is the size of the global frozen food market?
The global frozen food market reached USD 30.1 billion in 2022 and is expected to reach USD 46.8 billion by 2031, growing at a CAGR of 5.7%.
What are the key drivers of the frozen food market growth?
Increasing demand for convenience foods, rising disposable income, hectic lifestyles, and new product launches are driving market growth. Additionally, investments in cold chain infrastructure are also boosting the market.
Which region has the largest share of the global frozen food market?
North America held the largest share of the global frozen food market in 2022, accounting for 38.6%. This is due to factors such as high consumer awareness of frozen food benefits, rising disposable income, and urbanization.
Who are the major players in the global frozen food market?
Major players include Nestle, Tyson Foods, ConAgra Foods, Unilever, Pinnacle, Kraft Heinz, General Mills, Schwan's, Kellogg's, and Grupo Bimbo S.A.B. de C.V.
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