- In 2021, Nomad Foods announced an agreement with Fortenova Grupa d. d. to acquire Fortenova's Frozen Food Business Group (FFBG) in cash for USD 724 million in order to expand its product portfolio, as FFBG offers a wide range of frozen meals and has a large distribution channel in Eastern Europe
- Conagra Brands Inc. launched its extensive summer line products in 2021 to provide manufacturers inside single-serve frozen meals and collect brands with new Banquet®, Marie Callender's, Wholesome Alternative, and Hungry Man dishes. Conagra's mission is to please customers by providing nutritious frozen foods
- In 2020, the Dutch start-up Lazy Vegan released its latest frozen ready meal, "Thai Green Curry," which is gluten-free and soy-free. It also launched vegan frozen meals with plant-based chicken and Foods in order to establish a strong presence in the European market
Frequently Asked Questions
The market is segmented based on Global Frozen Foods Market Segmentation, By Product Type (Fruits and Vegetables, Bakery Products, Frozen Dairy Products, Meat and Seafood Products, Convenience Foods and Ready Meals, Others), Type (Half Cooked, Raw Material, Ready-to-Eat), Freezing Technique (Individual Quick Freezing (IQF), Blast Freezing, Belt Freezing, Other) Consumption (Food Service, Retail), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Channels, Others), – Industry Trends and Forecast to 2031.
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The Global Frozen Food Market size was valued at USD 268.10 USD Billion in 2023.
The Global Frozen Food Market is projected to grow at a CAGR of 4.65% during the forecast period of 2024 to 2031.
The major players operating in the market include Market players covered - The Hain Celestial Company, AGRARFROST GMBH & CO. KG, Agristo, Bart’s Potato Company bvba, Royal Cosun, Farm Frites, Greenyard, Himalaya Food International , J.R. Simplot Company, McCain Foods , Lamb Weston Holdings , General Mills , Mondelez International , THE KRAFT HEINZ COMPANY,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
