Tag: Europe Frozen Food Market Size

Europe Frozen Food Market Outlook

According to recently report by Expert Market Research (EMR), the Europe frozen food market size achieved a value of USD 65.24 billion in 2023. Driven by the increasing demand for convenient and long-lasting food products, the market is projected to further expand at a CAGR of 2.8% between 2024 and 2032.

Frozen food products, encompassing a broad range of categories such as vegetables, fruits, meats, ready meals, and desserts, offer significant convenience and extended shelf life compared to fresh alternatives. This preservation method maintains the nutritional quality of the food while providing consumers with the flexibility of meal planning and reduced food wastage.

Market Drivers

One of the primary factors propelling the Europe frozen food market is the increasing consumer demand for convenience food products. With the fast-paced lifestyle and growing number of working professionals, there is a notable shift towards ready-to-eat meals that require minimal preparation time. Frozen food products, with their ease of storage and preparation, cater to this demand effectively.

Additionally, the rising awareness about the benefits of frozen foods in retaining nutritional value is contributing to market growth. Advances in freezing technology ensure that frozen vegetables and fruits maintain their vitamins and minerals, often making them as nutritious as fresh produce. This factor is particularly appealing to health-conscious consumers who seek balanced diets without compromising convenience.

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Expanding Product Range

The diversification of product offerings in the Europe frozen food market is another crucial driver of market growth. Companies are continuously innovating and expanding their product lines to meet evolving consumer preferences. This includes the introduction of premium and gourmet frozen meals, organic options, and plant-based frozen foods catering to the growing vegan and vegetarian population.

The growing popularity of plant-based diets has led to an increased focus on developing frozen food products that cater to this segment. The introduction of plant-based frozen meals, snacks, and meat substitutes has broadened the consumer base, appealing to both vegans and flexitarians seeking healthier and sustainable food options.

Technological Advancements

Technological advancements in the frozen food industry are also playing a significant role in Europe frozen food market expansion. Innovations in freezing techniques, such as individual quick freezing (IQF), ensure better preservation of texture, flavor, and nutritional content. Improved packaging solutions that enhance product shelf life and reduce freezer burn are further supporting market growth.

Moreover, the integration of advanced logistics and supply chain management systems has facilitated efficient distribution and availability of frozen foods across various retail channels. This has resulted in increased accessibility of frozen food products to a wider consumer base, including rural areas.

Market Trends

Increasing Demand for Plant-Based Frozen Foods: The rise of veganism and the growing popularity of plant-based diets have led to an increased demand for plant-based frozen food products. Manufacturers are expanding their product lines to include a variety of plant-based options, such as meat substitutes, dairy-free desserts, and vegetable-based ready meals.

Expansion of Online Retail: The expansion of online retail has significantly influenced the Europe frozen food market. E-commerce platforms offer a convenient and efficient way for consumers to purchase frozen food products, with the added benefit of home delivery. This trend is expected to continue, driven by the increasing penetration of internet and smartphone usage.

Focus on Premium and Gourmet Frozen Foods :There is a growing trend towards premium and gourmet frozen food products. Consumers are willing to pay a premium for high-quality, restaurant-style meals that can be conveniently prepared at home. This trend is driving innovation in product development and the introduction of new, upscale frozen food offerings.

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Europe Frozen Food Market Segmentation

The market can be divided based on by product, by type end use and region.

Breakup by Product

• Frozen Ready Meals
• Frozen Fish and Seafood
• Frozen Meat and Poultry
• Frozen Fruits and Vegetables
• Frozen Baked Goods
• Frozen Pizza
• Others

Breakup by Type

• Raw Material
• Half-Cooked
• Ready-to-Eat

Breakup by End Use

• Retail
• Food Service

Breakup by Region

• United Kingdom
• Germany
• France
• Italy
• Others

Competitive Landscape

Some of the major players explored in the report by Expert Market Research are as follows:

• FRoSTA AG
• McCain Foods Limited
• Nestlé SA
• Nomad Foods Europe Limited
• Congelados Cientocinco, S.L
• Dr. August Oetker Nahrungsmittel KG
• Others

Future Outlook

The Europe frozen food market is poised for steady growth over the forecast period, driven by the increasing demand for convenient and nutritious food options. The continued innovation in product offerings and advancements in freezing technology will further support market expansion.

Moreover, the growing emphasis on sustainability and environmentally friendly practices is expected to influence the frozen food market. Companies are increasingly adopting eco-friendly packaging solutions and sourcing ingredients responsibly, aligning with the rising consumer preference for sustainable products.

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