Published Date : 2025-Jul-18
The Global Frozen Food Market continues to expand as busy lifestyles, rising urbanization, and innovation in cold chain logistics reshape how people eat. The frozen aisle has never been more competitive — or more promising.
The market is poised to grow from USD 450 Billion in 2025 to USD 510 Billion by 2034, growing at a CAGR of 1.4% in the forecast period (2025-2034).
Here is a list of the leading companies shaping this industry.
Market Size & Growth: Global Frozen Food Market size was valued at USD 350 Billion in 2024 and is poised to grow from USD 450 Billion in 2025 to USD 510 Billion by 2034, growing at a CAGR of 1.4% in the forecast period (2025-2034).
Market Share: North America (~37%) and Europe (~38%) capture this market, Asia-Pacific (fastest-growing, with ~7.2% CAGR through 2034).
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Growing demand for convenient meal solutions among working professionals.
Busy lifestyles and urbanization driving frozen ready meals, snacks, and bakery items.
Rising popularity of vegan, organic, and clean-label frozen foods.
Expansion of modern retail and e-commerce grocery channels.
Cold chain technology advancements improving quality and shelf life.
Plant-based frozen meals seeing double-digit growth.
Premium frozen seafood and ready-to-cook ethnic cuisines on the rise.
Sustainable packaging innovations for frozen food brands.
D2C (Direct-to-Consumer) frozen meal kit startups gaining traction.
Global brands expanding private label frozen ranges to compete on price.
Here’s a snapshot of the major players shaping the frozen food industry globally
Headquarters: Vevey, Switzerland
Founded: 1866
Employees: ~270,000 (2024)
Revenue 2024: ~$100 Billion USD
Headquarters: Chicago, USA
Founded: 1919
Employees: ~18,000 (2024)
Revenue 2024: ~$12 Billion USD
Headquarters: Feltham, UK
Founded: 2015
Employees: ~8,000 (2024)
Revenue 2024: ~$3 Billion USD
Headquarters: Minneapolis, USA
Founded: 1928
Employees: ~35,000 (2024)
Revenue 2024: ~$20 Billion USD
Headquarters: Florenceville, Canada
Founded: 1957
Employees: ~21,000 (2024)
Revenue 2024: ~$10 Billion USD
Headquarters: Dublin, Ireland
Founded: 2015
Employees: ~120
Revenue 2024: ~$50 Million USD
By Product Type:
By Distribution Channel:
By End User
By Geography:
North America: Dominates the market with high demand for frozen ready meals and premium frozen snacks.
Europe: Strong growth for frozen vegan products and organic frozen vegetables.
Asia-Pacific: Fastest-growing region driven by urbanization, rising incomes, and modern retail expansion.
Latin America & MEA: Growing urban middle class driving frozen convenience food sales.
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