The rapid growth of the global frozen ready meals market can be attributed to the rising number of individuals with busy lifestyles. As people adopt more hectic schedules, they are looking for convenient meal solutions that require minimal time and effort. The market is further fueled by the growing awareness and adoption of healthier eating habits, with consumers seeking balanced nutritional options. Frozen ready meals offer a convenient way to maintain a nutritious diet while saving time, making them increasingly popular among time-strapped consumers.
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Data Bridge Market Research analyses that the Frozen Ready Meals Market is expected to reach USD 3,82,731.87 million by 2029 from USD 2,51,184.96 million in 2021, growing with a CAGR of 5.4% in the forecast period of 2022 to 2029. The fast-paced and busy lifestyles of consumers are a significant driver for the frozen ready meals market. With limited time for meal preparation, consumers are opting for convenient and time-saving meal options, making frozen ready meals an attractive choice.
Key Findings of the Study
Increasing product innovations is expected to drive the market's growth rate
Manufacturers in the frozen ready meals market are actively focusing on product innovation to cater to the evolving needs and preferences of consumers. They are introducing a wide variety of frozen meal options that offer diverse flavors, accommodate various dietary preferences (such as vegetarian, vegan, and gluten-free), and incorporate healthier ingredients. These innovations not only provide convenience but also address the growing demand for nutritious and delicious frozen meal solutions, driving the expansion of the market and attracting a broader consumer base.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Frozen Rice Mixes, Frozen Quinoa Food Mixes, Frozen Pizza, Frozen Pasta, Frozen Wraps and Rolls, Frozen Snacks, Frozen Ice Cream, Frozen Yogurt, Frozen Cakes, Frozen Sorbet And Sherbet, Frozen Custard, Frozen Drinks, Frozen Savory Products And Frozen Soup, Frozen Dairy Products, Frozen Chicken Products, Frozen Seafood Products, And Others), Category(Organic And Conventional) Technology (Flash-Freezing/ Individual Quick Freezing (IQF), Belt Freezing, High Pressure-Assisted Freezing, And Others), End User (Food Service Sector And Households), Packaging Technique (Freezing Technique And Equipment And Freezing Ready Meals Packaging And Distribution Channel (Store-Based And Non-Store Retailers)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, 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.
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Market Players Covered
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McCain Foods Limited (Canada), Kraft Foods (U.S.), Kellogg's Company (U.S.), Tyson Foods, Inc. (U.S.), Nomad Foods (U.K.), Grupo Virto (Spain), Ajinomoto Co., Inc. (Japan), Gulf West Company (U.A.E), Sidco Foods Trading L.L.C. (U.A.E), Al Kabeer Group ME (U.A.E), JBS Foods (Brazil), Mosaic Foods (U.S.), AdvancePierre (U.S.), Wawona (U.S.), Nestlé (Switzerland), General Mills Inc. (U.S.), Conagra Brands, Inc. (U.S.), Amy's Kitchen, Inc. (U.S.), Safco International Gen. Trading Co. L.L.C. (U.A.E), Hakan Agro DMCC (U.A.E), Dr. Oetker (Germany), Schwan's Home Delivery (U.S.), BRF Global (Brazil) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The frozen ready meals market is segmented on the basis of type, category, technology, end user, packaging technique, and distribution channel.
- On the basis of type, the global frozen ready meals market is segmented into frozen rice mixes, frozen quinoa food mixes, frozen pizza, frozen pasta, frozen wraps and rolls, frozen snacks, frozen ice cream, frozen yogurt, frozen cakes, frozen sorbet and sherbet, frozen custard, frozen drinks, frozen savory products and frozen soup, frozen dairy products, frozen chicken products, frozen seafood products, and others. In 2022, the frozen snacks segment is expected to dominate the market with a CAGR of 6.1% in the forecast period of 2022 to 2029 due to convenience, versatility, and a wide variety of options, making them popular among consumers of all ages
In 2022, the frozen snacks segment is expected to dominate the type segment of the market
In 2022, the frozen snacks segment is expected to dominate the market owing to its convenience, wide variety, and increasing demand for on-the-go snacking options. They offer easy preparation, longer shelf life, and cater to diverse taste preferences, making them popular among busy consumers with a CAGR of 6.1% in the forecast period of 2022 to 2029
- On the basis of category, the global frozen ready meals market is segmented into organic and conventional. In 2022, the organic segment is expected to dominate the market with a CAGR of 5.3% in the forecast period of 2022 to 2029 due to the growing consumer demand for sustainable and healthier food options. The use of natural pesticides, fertilizers, and genetically modified organisms (GMOs) in the production of organic frozen ready meals appeals to health-conscious consumers.
- On the basis of technology, the global frozen ready meals market is segmented into flash-freezing/ individual quick freezing (IQF), belt freezing, high pressure-assisted freezing, and others. In 2022, the flash-freezing/ individual quick freezing (IQF) segment is expected to dominate the market with a CAGR of 6.0% in the forecast period of 2022 to 2029 due to the rapid freezing of individual food items, preserving their texture, flavor, and nutritional value, making it the preferred method for frozen ready meals production.
- On the basis of end user, the global frozen ready meals market is segmented into the food service sector and households. In 2022, the Household/Retail Sector segment is expected to dominate the market with a CAGR of 5.0% in the forecast period of 2022 to 2029 due to the convenience and time-saving benefits of frozen ready meals, making them popular among busy individuals and families seeking quick and easy meal solutions at home.
- On the basis of packaging technique, the global frozen ready meals market is segmented into freezing technique and equipment and freezing ready meals packaging. In 2022, the freezing technique segment is expected to dominate the market with a CAGR of 4.8% in the forecast period of 2022 to 2029 due to the quality, taste, and texture of the ready meals during storage and transportation. Proper freezing techniques and equipment ensure the preservation of nutritional value and overall product integrity.
In 2022, the freezing technique segment is expected to dominate the packaging technique of the frozen ready meals market
In 2022, the functional food segment is expected to dominate the market owing to the equipment, and freezing procedure is essential for preserving the ready meals' quality, flavor, and texture during storage and transportation. The preservation of nutritional value and the integrity of the final product is guaranteed by appropriate freezing procedures and tools with a CAGR of 4.8% in the forecast period of 2022 to 2029
- On the basis of distribution channel, the global frozen ready meals market is segmented into store-based and non-store retailers. In 2022, the store-based segment is expected to dominate the market with a CAGR of 5.2% in the forecast period of 2022 to 2029 due to the convenience of purchasing frozen ready meals from supermarkets, hypermarkets, and convenience stores, where they have a wide range of options and can physically examine the products before making a purchase decision.
Major Players
Data Bridge Market Research는 냉동 조리식품 시장의 주요 냉동 조리식품 시장 참여자로 McCain Foods Limited(캐나다), Kraft Foods(미국), Kellogg's Company(미국), Tyson Foods, Inc.(미국), Nomad Foods(영국), Grupo Virto(스페인), Ajinomoto Co., Inc.(일본), Gulf West Company(UAE), Sidco Foods Trading LLC(UAE), Al Kabeer Group ME(UAE)를 인식합니다.
시장 개발
- 2022년, Nomad Foods는 오픈 이노베이션 포털을 통해 파트너사들의 창의적인 솔루션 공유를 위한 기회를 마련했습니다. 이 새로운 포털의 출범은 Nomad Foods가 냉동 홍합 및 기타 이매패류 제품의 생산 규모를 확대하는 데 큰 도움이 되었습니다.
- 2022년, 모자이크 푸드(Mosaic Foods)는 뉴욕에 냉동식품 전문 매장을 오픈한다고 발표했습니다. 이 매장은 비건 및 채식 메뉴만을 제공할 예정이며, 오프라인 매장 확장을 목표로 하고 있습니다.
- 2020년, 타이슨 푸드는 식당, 카페테리아, 케이터링 업체를 포함하는 글로벌 푸드서비스 부문에서 타이슨 브랜드로 새로운 닭고기 제품 라인을 출시했습니다. 이를 통해 푸드서비스 부문의 매출이 증가했습니다.
지역 분석
지리적으로 냉동 인스턴트 식품 시장 보고서에서 다루는 국가는 북미의 미국, 캐나다 및 멕시코, 유럽의 독일, 프랑스, 영국, 네덜란드, 스위스, 벨기에, 러시아, 이탈리아, 스페인, 터키, 유럽의 기타 유럽, 중국, 일본, 인도, 한국, 싱가포르, 말레이시아, 호주, 태국, 인도네시아, 필리핀, 아시아 태평양(APAC)의 기타 아시아 태평양(APAC), 사우디 아라비아, UAE, 남아프리카 공화국, 이집트, 이스라엘, 중동 및 아프리카(MEA)의 일부인 기타 중동 및 아프리카(MEA), 남미의 일부인 기타 남미입니다.
Data Bridge Market Research 분석에 따르면:
유럽은 2022-2029년 예측 기간 동안 냉동 인스턴트 식품 시장 에서 지배적인 지역입니다.
유럽이 세계 냉동 즉석식품 시장에서 우위를 점하는 데에는 여러 요인이 있습니다. 유럽 지역의 탄탄한 기반을 갖춘 외식 서비스 산업과 산업화의 진전은 냉동 즉석식품 수요 증가에 기여했습니다. 또한, 유럽 경제 성장은 생활 방식의 변화와 편의성 및 즉석식품에 대한 선호도를 높였습니다. 이러한 요인들과 시간 절약형 솔루션에 대한 수요 증가는 유럽 냉동 즉석식품 시장의 성장을 견인하고 있습니다.
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