Global Frozen Food Market Size, Share, Growth Analysis, By Product types(Frozen Fruits and Vegetables, Frozen Meat and Fish), By Product category(Energy, utilities), By Distribution channel(Supermarkets/Hypermarkets, Convenience Stores), By Freezing technique(Individual Quick Freezing (IQF), Blast Freezing) - Industry Forecast 2024-2031

Frozen Food Market size was valued at USD 256.46 billion in 2019 and is poised to grow from USD 271.8 billion in 2023 to USD 432.55 billion by 2031, growing at a CAGR of 5.98% in the forecast period (2024-2031).

Frozen Foods are becoming popular since It has many advantages such as the wastage of food is reduced, it provides convenience to the food purchaser, free from preservatives, no seasonal restriction, great nutrition.These are some myriad reasons why people all around the globe are purchasing frozen foods.

Frozen products help in extending the shelf life of food and are easier to divide in portions.The research published by British Food Journal shows that frozen food generates 47% less food waste at home than the non frozen food. This list with wastage of food helps the customer in terms of cost as well as to the environment too.In today's busy and environment where each and every person across the globe is working.Fresh, fast and delicious products are necessary to consume.All the major boxes are ticked by frozen products for the meals. Therefore the major working population of the globe is shifting towards the frozen products.The frozen food products are picked, washed and blanched within the hour of freezing. Therefore preservatives are not required because microorganisms do not grow when the temperature of the food is below -9.5 degrees Celsius.

US Frozen Food Market is poised to grow at a sustainable CAGR for the next forecast year.