The global frozen food manufacturing market was valued at USD 304 billion in 2020 and is expected to surpass USD 389.2 billion by 2026, registering a CAGR of 4.2% during the forecast period (2021-2026), as highlighted in a report published by Facts & Factors.

For More Detail, Visit: https://www.fnfresearch.com/frozen-food-manufacturing-market

Market Overview:

The process of preserving food by freezing and storing it before it is cooked results in frozen food. It has a significant market because there is an increasing demand from customers. The process of freezing the food ensures that it will remain in its unaltered form until it is consumed. Mechanical and cryogenic freezing are the two primary methods utilised in this sector’s freezing operations, respectively.

Global Plant Based Meat Market Will Hit 15.8 Billions By 2028, CAGR 15% – Facts & Factors

The process of freezing the product is essential in order to preserve both its quality and its exterior surface. Because the food is frozen at a low temperature for a short period of time, its original cell structure is not destroyed. Cryogenic freezing is one of the most efficient processes because it keeps a fluid nitrogen temperature of approximately -196 degrees Celsius throughout the process.

One of the reasons that frozen food is so popular with consumers is because it retains much of its nutritional value even after being frozen. Because microorganisms cannot grow at temperatures lower than 9.5 degrees Celsius (15 degrees Fahrenheit), which is sufficient for preventing deterioration, this product does not require any additional chemicals to be preserved. When compared to pre-packaged meals, there are significantly fewer myths surrounding frozen food.

Preservatives, which are harmful to one’s health, are now commonly found in packaged foods, which have largely replaced frozen meals. Another common misconception is that freezing eliminates nutrients, which is a myth that has been perpetuated by modern science. The act of freezing a food serves to cover its outer structure, which helps to keep the food’s nutrients intact.

At 3.1% CAGR, Global Anal Irrigation Systems Market Market Size to Surpass USD 297.5 Million by 2026 – Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

The future of the frozen food industry has never looked more promising than it does right now. Customers are becoming more aware of current food trends, which is leading to an increase in the popularity of home cooking as a method for preparing meals that are both fresh and free of preservatives. In order to do this, they require frozen foods, which can now be found in a wide variety of different varieties, such as those that are dairy-free, vegan, gluten-free, sugar-free, low-fat, and so on. It is easier to expand the market when high-quality frozen foods are readily available, and there is less chance that the market will experience negative fluctuations. Cryogenic freezing is a relatively recent technological advancement that has eliminated the requirement for the use of artificial preservatives while retaining very little potential for microbial growth.

It is anticipated that the growth of the industry will accelerate over the next few years as a result of the expanding demand for ready-to-eat (RTE) food products around the world. This demand is being driven by the increasingly hectic lifestyles of people who are employed. In addition, rising consumer spending on foods that can be stored for a longer period of time is anticipated to soon boost the market for frozen foods. Increasing discretionary income, the introduction of products with extended shelf lives, an increase in impulsive spending, and a high demand for frozen food products as a result of a lack of time are all factors that are driving the industry.

Global Concrete Superplasticizers Market Size, Share, Growth & Trends Analysis Report by 2026

An enhanced supply chain management system is being implemented by businesses in order to guarantee that the frozen food industry will continue to expand without being hampered by the waste of food products. The use of refrigerated trucks helps ensure that frozen meals are kept in the best possible condition throughout the distribution process. These vehicles are now outfitted with GPS systems provided by a third party to ensure that deliveries are made on time. Because of the disruption that has occurred in the primary market, the market for frozen food is growing in a healthy way.

Key Market Players:

Major companies that are active in the market for frozen food manufacturing include General Mills Inc., Conagra Brands, Inc., Grupo Bimbo S.A.B. de C.V., Nestle SA, Unilever, Kellogg Company, McCain Foods Limited, Kraft Heinz Company (US), Associated British Foods plc, Ajinomoto, Vandemoortele NV, Lantmannen Unibake International, Cargill, Europastry S.A., J

Individually quick frozen is an abbreviation for “individually quick frozen,” which describes the process by which each component of a frozen food package is frozen independently rather than as a block. In this method, each individual item of food is placed on a conveyor belt and transported through a blast freezer. Because of this, the food will retain its original flavour even after it has been defrosted. When frozen using the IQF process and packed in a carton, lidded tray, or crystalline PET plate, for example, a volume of peas would sell faster due to its freshness than when frozen using the typical refrigerant approach. This is because the IQF process maintains the peas’ natural colour and texture.

Market Dynamics:

It is anticipated that the growth of the industry will accelerate over the next few years as a result of the expanding demand for ready-to-eat (RTE) food products around the world. This demand is being driven by the increasingly hectic lifestyles of people who are employed. In addition, rising consumer spending on foods that can be stored for a longer period of time is anticipated to soon boost the market for frozen foods. Increasing discretionary income, the introduction of products with extended shelf lives, an increase in impulsive spending, and a high demand for frozen food products as a result of a lack of time are all factors that are driving the industry.

Unlike members of previous generations, Millennials are open to trying out novel concepts and putting money into them. They are also drawn to purchases that will help them save time and provide an easy learning curve. The fact that frozen foods are simple to prepare and already cooked makes them increasingly appealing to millennial consumers, who value convenience and speed above all else in their food. This current generation, which is burdened with student debt and working jobs that pay less than they are worth, places a significant amount of reliance on the frozen food market to satisfy their nutritional requirements.

  • Europe is projected to Dominate Global Frozen Food Manufacturing Market Growth

Europe did, in fact, hold the largest share of the market within the market overall. The growth of the region’s population, coupled with its rapid urbanisation, as well as an increase in market awareness of the overall benefits of frozen food, are all factors that are driving demand for frozen foods in the region. Europe was the most important market in 2020, accounting for the largest share of the overall market.

One of the most lucrative markets for frozen food has been Europe due to the abundance of different foods and local bakery businesses that can be found there. In addition, those involved in this market are working harder than ever to increase their market share by conducting productive research and development and coming up with innovative product ideas. In addition, companies are teaming up with one another to forge strategic alliances in order to capitalise on each other’s capabilities and gain an advantage over their rivals. For instance, Aryzta has been able to keep its dominant position in the high-end frozen bakery market thanks to the excellent research and development capabilities it possesses, as well as the efficient operations it maintains.

By Region:

  • North America
    • United States
    •  Canada
  • Europe
    • Spain
    •  United Kingdom
    •  Germany
    •  France
    •  Italy
    •  Russia
    •  Rest of Europe
  • Asia Pacific
    • China
    •  Japan
    •  India
    •  Australia
    • South Korea
    • ASEAN
    •  Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East and Africa
    • South Africa
    • GCC
    • Rest of the Middle East and Africa

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]