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Frozen Food Market To Attain US$ 340.38 Billion By 2034, Unveiled In Latest Report, Showing A 5.3% CAGR
(MENAFN- EIN Presswire)
The most recent research study by Polaris Market Research reveals that the frozen food market is anticipated to flourish at a stable rate. With a projected CAGR of 5.3%, the market was valued at USD 203.67 billion in 2024. It is ready to grow to USD 340.38 billion by 2034.
Market Introduction:
Frozen foods are a cost-effective method to obtain the everyday number of fruits and vegetables. Actually, families who include frozen foods in their customary routine may have superior diet standards. With so many options in the frozen foods passage, there are a plethora of possibilities to detect something one likes.
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Fruits and vegetables are plucked at crest perfection and frequently frozen within hours, securing nutrients and flavor. Usually, frozen foods preserve their vitamins and minerals, and it is devoid of any change to carbohydrate, protein, or fat content. Due to the surge in employment, there is a shortage in preparing meals from scratch, which also calls for speedy, easy, and dependable meal alternatives, pushing the frozen food market demand.
Market Drivers and Opportunities:
Escalation in Quick Service Restaurants: The growing aggregate of quick service restaurants (QSR) is creating an upswing in the market. QSRs depend on frozen food constituents such as pre-cut vegetables, meat, and ready-to-cook meals to sanction swift devising and decrease wastage, thus boosting the demand for frozen food market growth.
Growing Urbanization: The growing urbanization globally is estimated to push the market revenue. The United Nations (UN) forecast that 68% of the global population will reside in urban areas by 2050. People in urban regions encounter time restraints because of hectic work programs and prolonged traveling, causing an inclination for speedy and simple meal solutions.
Rising Approval of E-Commerce: The surging approval of e-commerce globally is expected to push the market. E-commerce platforms permit consumers to peruse a broad gamut of frozen food alternatives from the solace of their homes, diminishing the requirement for physical store visits.
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Segmental Analysis:
.The frozen food market segmentation is based on product, freezing technology, distribution channel, and region.
.By freezing technology analysis, the individual quick freezing segment held the largest market share. This is due to its outstanding capacity to maintain the standard, touch, and nutritional content of food commodities.
.By distribution channel analysis, the offline retail store segment is poised to register a significant CAGR. This is due to its entrenched existence and extensive consumer trust.
Regional Overview:
The research report covers all the major regions and sub-regions of the frozen food market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America: North America accounted for the largest market share. This is primarily because of robust consumer demand, entrenched retail framework, and progressive cold chain logistics.
Asia Pacific: Asia Pacific is anticipated to witness the fastest CAGR from 2025 to 2034. The region's speedy urbanization and augmenting middle class fuels the regional market expansion.
Inquire more about this Report Before Purchase:
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FAQs:
How much is the frozen food market?
The market size was valued at USD 203.67 billion in 2024 and is projected to grow to USD 340.38 billion by 2034.
Which region held the largest frozen food market share?
North America had the largest share of the global market in 2024.
What are the segments covered in the market?
The segments covered in the market are product, freezing technology, and distribution channels.
What is the growth rate of the market?
The global market is projected to grow at a CAGR of 5.3% during the forecast period.
Browse PMR's Frozen Food Market Report Coverage from Different Publications:
Frozen Food Market Size Expected to Hit USD 340.38 Billion by 2034, Growing at a CAGR of 5.3%
Browse More Research Reports:
Protein Alternatives Market:
Natural Beta Carotene Market:
Liquid Dietary Supplement Market:
Industrial Starch Market:
Mushroom Extracts Market:
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR
Frozen Food Market
The growing employment globally is driving the market growth.
The food became an intrinsic part of contemporary diets and lifestyles, providing ease and assortment in meal devising.” - Polaris Market ResearchNEW YORK CITY, NY, UNITED STATES, January 31, 2025 /EINPresswire / -- Our frozen food market report has been prepared using advanced methodologies and research techniques to help businesses make strategic business decisions.The most recent research study by Polaris Market Research reveals that the frozen food market is anticipated to flourish at a stable rate. With a projected CAGR of 5.3%, the market was valued at USD 203.67 billion in 2024. It is ready to grow to USD 340.38 billion by 2034.
Market Introduction:
Frozen foods are a cost-effective method to obtain the everyday number of fruits and vegetables. Actually, families who include frozen foods in their customary routine may have superior diet standards. With so many options in the frozen foods passage, there are a plethora of possibilities to detect something one likes.
Download Free Sample PDF Copy of the Report:
/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
Fruits and vegetables are plucked at crest perfection and frequently frozen within hours, securing nutrients and flavor. Usually, frozen foods preserve their vitamins and minerals, and it is devoid of any change to carbohydrate, protein, or fat content. Due to the surge in employment, there is a shortage in preparing meals from scratch, which also calls for speedy, easy, and dependable meal alternatives, pushing the frozen food market demand.
Market Drivers and Opportunities:
Escalation in Quick Service Restaurants: The growing aggregate of quick service restaurants (QSR) is creating an upswing in the market. QSRs depend on frozen food constituents such as pre-cut vegetables, meat, and ready-to-cook meals to sanction swift devising and decrease wastage, thus boosting the demand for frozen food market growth.
Growing Urbanization: The growing urbanization globally is estimated to push the market revenue. The United Nations (UN) forecast that 68% of the global population will reside in urban areas by 2050. People in urban regions encounter time restraints because of hectic work programs and prolonged traveling, causing an inclination for speedy and simple meal solutions.
Rising Approval of E-Commerce: The surging approval of e-commerce globally is expected to push the market. E-commerce platforms permit consumers to peruse a broad gamut of frozen food alternatives from the solace of their homes, diminishing the requirement for physical store visits.
Request for a Discount on this Report Before Purchase:
/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
Segmental Analysis:
.The frozen food market segmentation is based on product, freezing technology, distribution channel, and region.
.By freezing technology analysis, the individual quick freezing segment held the largest market share. This is due to its outstanding capacity to maintain the standard, touch, and nutritional content of food commodities.
.By distribution channel analysis, the offline retail store segment is poised to register a significant CAGR. This is due to its entrenched existence and extensive consumer trust.
Regional Overview:
The research report covers all the major regions and sub-regions of the frozen food market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America: North America accounted for the largest market share. This is primarily because of robust consumer demand, entrenched retail framework, and progressive cold chain logistics.
Asia Pacific: Asia Pacific is anticipated to witness the fastest CAGR from 2025 to 2034. The region's speedy urbanization and augmenting middle class fuels the regional market expansion.
Inquire more about this Report Before Purchase:
/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
FAQs:
How much is the frozen food market?
The market size was valued at USD 203.67 billion in 2024 and is projected to grow to USD 340.38 billion by 2034.
Which region held the largest frozen food market share?
North America had the largest share of the global market in 2024.
What are the segments covered in the market?
The segments covered in the market are product, freezing technology, and distribution channels.
What is the growth rate of the market?
The global market is projected to grow at a CAGR of 5.3% during the forecast period.
Browse PMR's Frozen Food Market Report Coverage from Different Publications:
Frozen Food Market Size Expected to Hit USD 340.38 Billion by 2034, Growing at a CAGR of 5.3%
Browse More Research Reports:
Protein Alternatives Market:
Natural Beta Carotene Market:
Liquid Dietary Supplement Market:
Industrial Starch Market:
Mushroom Extracts Market:
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR
Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
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