The global frozen foods market revenue size was valued at USD 297.47 billion in 2023 and is expected to grow from USD 310.77 billion in 2024 to USD 441.11 billion by 2032, exhibiting a CAGR of 4.80% during the forecast period of 2024-2032. This data is presented in the report titled "Frozen Foods Market, 2024-2032" by Fortune Business Insights.

According to insights from expert analysts, the market is experiencing significant growth due to the increasing demand for convenient food options such as ready-to-eat meals and cold cuts.

The global frozen foods market encompasses various categories, including frozen ready meals, frozen seafood and meat, frozen snacks and bakery items, and other products such as frozen fruits and vegetables. These products are distributed through multiple channels, including supermarkets and hypermarkets, convenience stores, specialty stores, and online retail platforms.

Information Source: https://www.fortunebusinessinsights.com/frozen-food-market-104138

List of Key Players Mentioned in the Frozen Foods Market Report:

• General Mills Inc. (Minnesota, U.S.)
• Nestle SA (Vevey, Switzerland)
• Conagra Brands Inc. (Illinois, U.S.)
• The Kellogg Company (Michigan, U.S.)
• Grupo Bimbo S.A.B. DE C.V. (Mexico City, Mexico)
• Lantmannen Unibake International (Copenhagen, Denmark)
• The Kraft Heinz Company (Illinois, U.S.)
• Unilever PLC (London, U.K.)
• Wawona Frozen Foods (California, U.S.)
• Tyson Foods, Inc. (Arizona, U.S.)

Segmentation

By type, the market is divided into frozen ready meals, frozen seafood & meat products, frozen snacks & bakery products, and others. Among these, the frozen seafood & meat segment is expected to hold the largest market share.

In terms of distribution channels, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, and online retail.