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Global Frozen Dairy Products Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Frozen Dairy Products Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 519.80 Million
Diagram Market Size (Forecast Year) USD 809.91 Million
Diagram CAGR %

Global Frozen Dairy Products By Type (Butter, Cheese, Milk, Cream, Yoghurt, Buttermilk, Ice Cream and Lactose free Dairy Products), Form (Flavoured Butter, Spreadable or Whipped Butter, Butter blends, European-style sticks, American-style sticks and Non-dairy Alternative), Application (Frozen food, Bakery and Confectionary), Sales Channel (Convenience stores, Supermarkets, Department Stores and Hypermarkets) – Industry Trends and Forecast to 2029.

Frozen Dairy Products Market Analysis and Size

The storage of frozen dairy products is a common method of conservation. This reduces microbial growth and increases market shelf-life. It is safe to eat frozen dairy products that have been wrapped in a package and stored at 0°Frequency temperature. As a result, frozen dairy products are frequently transported internationally or overseas. As certain foods and meats are seasonal and only available in a specific area, the use of freezer technology allows for the storage of food all year and supply all over the world.

Data Bridge Market Research analyses that the frozen dairy products market was growing at a value of USD 519.8 million in 2021 and is expected to reach a value of USD 809.91 million and registering a CAGR of 5.70% from 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Market Definition

Frozen food is a concept in which food is kept frozen to prevent spoilage. This helps to maintain the quality and texture of meat and poultry products. They can easily preserve food flavours while also retaining nutritional values and textures. As they are easily available in the market at low prices, frozen dairy products market trends are increasing in practise. Before being transported and stored until ready to eat, frozen dairy products are chilled and stored below their freezing point. This increase in freezing temperature extends their shelf life by inhibiting microorganism growth.

Frozen Dairy Products Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Butter, Cheese, Milk, Cream, Yoghurt, Buttermilk, Ice Cream and Lactose free Dairy Products), Form (Flavoured Butter, Spreadable or Whipped Butter, Butter blends, European-style sticks, American-style sticks and Non-dairy Alternative), Application (Frozen food, Bakery and Confectionary), Sales Channel (Convenience stores, Supermarkets, Department Stores and Hypermarkets)

Countries Covered

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

Market Players Covered

The Hain Celestial Company (U.S.), AGRARFROST GMBH & CO. K.G. (Germany), Agristo (Belgium), Bart’s Potato Company bvba (Belgium), Royal Cosun (Netherlands), Farm Frites (Netherlands), Greenyard (Belgium), Himalaya Food International Ltd. (India), J.R. Simplot Company (U.S.), McCain Foods Ltd. (U.K.), Lamb Weston Holdings, Inc. (U.K.), General Mills, Inc. (U.S.), Mondelez International, Inc. (U.S.), and THE KRAFT HEINZ COMPANY (U.S.)

Opportunities

  • To meet this rising demand, an increasing number of frozen Dairy Products manufacturers are entering the market
  • Food trading in the frozen meat industry is becoming increasingly international in most countries supply chains

Frozen Dairy Products Market Dynamics

Drivers

  • Rising consumers interest in experiencing multiple food cuisines

Customers' growing preferences for frozen commodities, as well as their desire for more information and the opportunity to sample a variety of nutritional values, are the primary driving forces propelling the frozen Dairy Products market. Introducing new dairy products such as omega-3 fatty acid enriched milk and A2 milk, as well as other health-oriented dairy products such as low-fat milk, probiotic yogurts, and lactose-free goat cheese products, is assisting in the growth of the global dairy products market.

  • Products ease of use as well as increasing penetration of e-commerce

The market is growing in popularity among consumers, particularly young professionals, due to the product's ease of use and time savings. This scenario is expected to provide opportunities for the global market by introducing new product varieties. In recent years, stable economic growth associated with the developing mining industry has increased the number of job opportunities, raising average consumer income.

Furthermore, due to the increasing penetration of e-commerce and online delivery services driven by an accelerated lifestyle, eateries and restaurants worldwide rely on frozen dairy products to meet the demand for exotic dishes. This scenario forecasts global market growth over the next few years.

Opportunity

To meet this rising demand, an increasing number of frozen dairy products manufacturers are entering the market, with new entrants expanding into new markets. As a result, food trading in the frozen meat industry is becoming increasingly international in most countries. As a result, supply chains are becoming larger and more complicated, resulting in a greater need for dairy products to remain fresh for extended periods, driving frozen dairy product sales.

Restraints

However, factors such as high consumption of frozen yoghurt containing fats, which can have a negative impact on people's health, may slow market growth. Furthermore, frozen foods contain various types of preservatives that will affect the human body, which is another major factor expected to impede the growth of the global frozen dairy products market during the forecast period.

This frozen dairy products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the frozen dairy products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Frozen Dairy Products Market

The COVID-19 pandemic led to a massive burden on food and beverage supply chains worldwide. Consumer consumption habits have shifted as a result of their perception of the risk associated with COVID-19. Fear of possible food and beverage shortages has fuelled the hoarding trend. Due to the hoarding, demand for frozen dairy products increased, and the companies were unable to meet the market demand. The vaccination campaign and lockdown practises to limit the virus's global spread are likely to aid in the growth of the frozen dairy products in regaining its position in the food and beverage sector.

Recent Development

  • Suguna Poultry Farm Ltd announced the opening of a cold storage facility in Tiruchi in October 2018. It has a capacity of 25 tonnes of dairy products. This will give you ready-ibu8to-eat salads as well as juices.
  • Russia and China signed a trade agreement in November 2018, under which Russia will begin exporting frozen dairy products products to China. This will assist both countries in developing a mutually beneficial relationship. To meet Russia's and China's veterinary and sanitary requirements, products that can be frozen are exported.

Global Frozen Dairy Products Market Scope

The frozen dairy products market is segmented on the basis of type, form, application and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Butter
  • Cheese
  • Milk
  • Cream
  • Yoghurt
  • Buttermilk
  • Ice Cream
  • Lactose free Dairy Products

Application

  • Frozen food
  • Bakery
  • Confectionary

Form

  • Flavoured Butter
  • Spreadable or Whipped Butter
  • Butter blends
  • European-style sticks
  • American-style sticks
  • Non-dairy Alternative

Sales channel

  • Convenience stores
  • Supermarkets
  • Department Stores
  • Hypermarkets

Frozen Dairy Products Market Regional Analysis/Insights

The frozen dairy products market is analysed and market size insights and trends are provided by country, type, form, application and sales channel as referenced above.

The countries covered in the frozen dairy products market report are 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.

North America dominates the frozen dairy products market due to the largest share and the ability to manage a greater number of herds, an increase in per cow milk production, increased consumer awareness of nutritional products, and advanced milk processing equipment. The Asia-Pacific market is expected to grow the fastest in the near future due to changing eating habits, an increasing working-class population, the high influence of Western food habits, rising disposable incomes, busy lifestyles, and a thriving modern retail industry, to name a few factors.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Frozen Dairy Products Market Share Analysis

The frozen dairy products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to frozen dairy products market.

Some of the major players operating in the frozen dairy products market are:

  • The Hain Celestial Company (U.S.)
  • AGRARFROST GMBH & CO. KG (Germany)
  • Agristo (Belgium)
  • Bart’s Potato Company bvba (Belgium)
  • Royal Cosun (Netherlands)
  • Farm Frites (Netherlands)
  • Greenyard (Belgium)
  • Himalaya Food International Ltd. (India)
  • J.R. Simplot Company (U.S.)
  • McCain Foods Ltd. (U.K.)
  • Lamb Weston Holdings, Inc. (U.K.)
  • General Mills, Inc. (U.S.)
  • Mondelez International, Inc. (U.S.)
  • THE KRAFT HEINZ COMPANY (U.S.)   


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The frozen dairy products market size will be worth USD 809.91 million by 2029.
The growth rate of the frozen dairy products market is 5.70% during the forecast by 2029.
Rising consumer interest in experiencing multiple food cuisines and products with ease of use as well as increasing penetration of e-commerce are the growth drivers of the frozen dairy products market.
Major companies in the frozen dairy products market are The Hain Celestial Company (U.S.), AGRARFROST GMBH & CO. K.G. (Germany), Agristo (Belgium), Bart’s Potato Company bvba (Belgium), Royal Cosun (Netherlands), Farm Frites (Netherlands), Greenyard (Belgium), Himalaya Food International Ltd. (India), J.R. Simplot Company (U.S.), McCain Foods Ltd. (U.K.), Lamb Weston Holdings, Inc. (U.K.), General Mills, Inc. (U.S.), Mondelēz International, Inc. (U.S.), and THE KRAFT HEINZ COMPANY (U.S.).
Type, form, application, and sales channel are the factors on which the frozen dairy products market research is based.
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