1. Market Research
  2. > Food
  3. > Packaged Food Market Trends
  4. > Frozen Food

Frozen Foodstuff Sector: Latest Market Trends and Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
10 votes

Global Frozen Food Industry

Segment of the packaged food business, the global frozen food industry recorded close to 4% growth in 2010 to exceed $192 billion, reports MarketLine. The market is expected to see 19% expansion over five years to exceed $228 billion in 2015. In terms of volume the market is expected to exceed 14% growth in the same period to reach almost 43.5 billion kilograms. Frozen meat represents the leading segment, accounting for more than 41% of the overall market in terms of value.

Growing consumer awareness concerning the benefits of a fresh foods diet has proven an obstacle to growth in the frozen food production industry, reports IbisWorld. Over coming years, frozen food manufacturers will concentrate on product innovation to offer a wider range of products and market their goods to emphasize nutrition and convenience.

Key Segments

The global frozen prepared food market is expected to break the $186 billion mark by 2015 reports Global Industry Analysts. Consumers are opting for frozen prepared food as an alternative to fresh cooked food due to convenience, time constraints and freshness. Consumers’ limited time for cooking continues to push manufacturers to avail of advancements in technology to offer new frozen food products. Marketing campaigns focus on the freshness of frozen food and product innovation. Other factors fuelling growth in this market include rising levels of disposable income, a growing consumer base of both nuclear families and singles ill equipped to tackle the kitchen, increasing demand for ethnic foods, and higher consumer awareness of the benefits of healthy eating.

Frozen pizza represents the leading segment in the prepared frozen foods market, reports Global Industry Analysts. Product innovation has proved key, with new products like pizza strudel and pizza-on-a-stick proving popular. The economic recession fuelled market growth as consumers looked for more convenient, cheaper meals as an alternative to eating out or buying take-out. Pizza chains are encroaching on the frozen pizza market through promotional offers. The frozen pizza segment is still recording growth and rising sales thanks to new product offerings, promotional efforts and enhanced ingredients.

In the frozen desserts market segment, sales have been growing in part due to the popularity of new ice cream products geared toward adults, reports Global Industry Analysts. Consumers are buying ice cream as a weekend treat, for after dinner and for eating while watching TV or movies at home. Ice cream manufacturers are catering to consumer demand for healthier products by offering a range of low-fat ice creams.

In 2007 the ice cream market exceeded $49 billion, according to figures from Business Insights. The market is expected to reach almost $66 billion in 2014. Ice cream manufacturers are focusing their marketing and product innovation efforts on catering to more health-conscious consumers. There is an increasing trend toward ice creams with reduced fat content, limited preservatives and less artificial ingredients. Manufacturers are including healthier ingredients to appeal to a wider-range of consumers.

The frozen fruit and vegetable market segment has been benefiting from advanced freezing technologies, which allow manufacturers to preserve fruit and vegetable nutritional values for longer, reports BizAcumen. Product innovation continues to prove vital for manufacturers to remain competitive. Frozen food companies are concentrating on promoting nutritionally fortified products with better taste and reduced preparation times. Demand will also be fuelled by increased emphasis on fruit and vegetable consumption, coupled with the fact that consumers have less and less time for shopping and cooking but remain aware of the importance of including fruit and vegetables in their daily diets.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 200 reports

Global Frozen Food Industry Forecast

  • January 2016
    6 pages
  • Frozen Food  

  • Chile  

    World  

View report >

Frozen Food Markets in the US

  • January 2015
    17 pages
  • Frozen Food  

  • United States  

View report >

Frozen Food Market Analysis in Europe

  • January 2014
    20 pages
  • Frozen Food  

  • Europe  

    Italy  

    United Kingdom  

View report >

Frozen Food Markets in Australia

  • October 2014
    27 pages
  • Frozen Yogurt  

    Ice Cream  

    Frozen Dairy Pr  

  • Australia  

View report >

Milk Supply in India and Australia

  • April 2016
    37 pages
  • Milk  

    Dairy Farming  

    Ice Cream  

  • India  

    Australia  

    Asia  

View report >

Cheese And Milk Supply in the US and North America

  • April 2016
    57 pages
  • Cheese  

    Milk  

    Ice Cream  

  • United States  

    North America  

    Italy  

View report >

Frozen Blueberry Industry in Europe

  • March 2016
    11 pages
  • Food  

    Frozen Blueberr  

  • Europe  

    World  

    Canada  

View report >

Frozen Food Market Analysis Forecast

  • March 2016
    4 pages
  • Frozen Food  

View report >

Food Statistics in Australia

  • March 2016
    36 pages
  • Food  

    Condiment  

    Spice And Herb  

  • Australia  

    India  

View report >

The future of the Frozen Food Industry in the US and Europe

  • January 2016
    3 pages
  • Frozen Food  

    Food  

  • United States  

View report >

Search in Frozen Food Industry (About 200 reports)
Parent industry: Packaged Food
Related industries: Dried Food, Canned Food, Cooked Food, Chilled Food, Baby Food, Pet Food

About 2 200 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 99 - $ 4 650)

Cold Chain Market by Type, Temperature Range, Technology, Application, & by Region - Global Forecast to 2020

Cold Chain Market by Type, Temperature Range, Technology, Application, & by Region - Global Forecast to 2020

  • $ 4 650
  • Industry report
  • March 2016
  • by MarketsandMarkets

“Cold chain market projected to grow at a CAGR of 7.0% during the forecast period” The cold chain market is estimated to be valued at USD 167.24 billion in 2015 and is projected to reach a value of ...

Russia: Ice Cream Market. January 2013

March 2016 $ 4 350

Opportunity In Frozen Foods Industry In India - 2016; M ...

April 2016 $ 3 500

Ice Cream & Frozen Desserts World Report

May 2016 $ 3 047

Drugs & Druggists% Sundries Wholesale Lines World Repor ...

May 2016 $ 3 047

Industrial & Personal Service Paper Wholesale Lines Wor ...

May 2016 $ 3 047

Frozen Yogurt Shop Lines World Report

May 2016 $ 3 047

Packaged Frozen Food Wholesalers World Report

May 2016 $ 3 047

Paper & Paper Product Wholesale Lines World Report

May 2016 $ 3 047

Opportunity In The Indian Ice Creams Market - 2016; Mar ...

April 2016 $ 3 000

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.