The Frozen Food Market is expected to grow at a CAGR of 5.2% from 2022 to reach $408.05 billion by 2029. The growth of the frozen food market is mainly attributed to the increasing demand for convenience food, the growing global cold-chain market, and changing consumer tastes and preferences.
Here are the top 10 companies operating in Frozen Food Market
Nestlé manufactures and markets a wide range of food products. The company’s product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning, frozen food, and pet foods, among others. Nestlé operates through seven business segments, namely, Powdered and Liquid Beverages, PetCare, Nutrition and Health Science, Prepared Dishes and Cooking Aids, Milk Products and Ice Cream, Confectionery, and Water. The company offers frozen food products through its Prepared Dishes and Cooking Aids segment. Its products are marketed under Hot Pockets, Lean Cuisine, Stouffer’s, Sweet Earth Foods, DiGiorno, Freshly, CPK Frozen, Outsider’s Pizza, Tombstone, Jack’s Pizza, Dreyer’s, Mövenpick, Nestlé Ice Cream, and Extrême brands.
With its subsidiaries and a strong distribution network in over 186 countries, the company has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Tyson Foods, Inc. (U.S.)
Tyson Foods is engaged in the production of processed food. The company operates through the following segments: Beef, Chicken, Prepared Foods, Pork, and International/Other. The Beef segment includes operations related to processing live-fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. The Chicken segment refers to domestic operations related to raising and processing live chickens into fresh, frozen, and value-added chicken products and sales from allied products. The Pork segment consists of operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Prepared Foods segment manufactures and markets frozen and refrigerated food products and logistic operations to move products through the supply chain.
The company has a geographic presence in North America, Europe, and Asia.
The Kraft Heinz Company (U.S.)
The Kraft Heinz Company manufactures and markets food and beverage products, including condiments and sauces, cheese and dairy, ambient foods, frozen and chilled foods, meats and seafood, refreshment beverages, desserts, toppings and baking, coffee, nuts, and salted snacks, infant and nutrition, and other grocery products throughout the world. It offers its products under various brands, such as Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Maxwell House, Kool-Aid, Ore-Ida, Jell-O, Master, Quero, Golden Circle and Wattie’s. The company’s products are sold through its own sales organizations and independent brokers, agents, and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors, and institutions, including hotels, restaurants, hospitals, health care facilities and certain government agencies.
The company has a geographic presence in North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
General Mills, Inc. (U.S.)
General Mills is engaged in the manufacturing and marketing of branded consumer foods. The company operates through five business segments, namely, North America Retail, Europe & Australia, Convenience Stores & Food Service, Pet, and Asia & Latin America. The company offers frozen food products through various brands, such as Haagen-Dazs, Yoplait, BoldCultr, Liberté, Oui, Ratio Food, Cascadian Farm, Green Giant, Muir Glen Organic, and jus-rol.
General Mills manufactures products in 13 countries and markets them in over 100 countries. The company has a global presence throughout North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Conagra Brands is engaged in the manufacturing and selling of processed and packaged foods. The company operates through four segments, namely, Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf-stable food products in various retail channels in the U.S. The Refrigerated & Frozen segment provides temperature-controlled food products in various retail channels in the U.S. The International segment offers food products in various temperature states in retail and foodservice channels outside of the U.S., and the Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the U.S. The company offers frozen food products through the various brands, such as Duncan Hines, Healthy Choice, Hunt’s, Birds Eye, Frontera, Vlasic, Frontera, Udi’s Gluten Free, Duke’s, Reddi-wip, and Marie Callender’s.
The company has a geographic presence in North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
Meticulous Research in its latest publication on Frozen Food Market has predicted the growth of 5.2% during the forecast year 2022-2029.
Nomad Foods Limited (U.K.)
Nomad Foods manufactures and markets frozen food products. The company’s frozen food products include fish, vegetables, ready meals, poultry, pizza, and potatoes. The company produces, markets, and distributes frozen food products such as lasagne, cream spinach, chicken, ready meals, and desserts, among others. Nomad Foods serves these products under brands such as iglo, Birds Eye, Frikom, Ledo, Goodfella’s, Aunt Bessie’s, Findus, Belviva, and La Cocinera. It offers its products through supermarkets and large food retail chains. The company has its geographic presence in Europe.
McCain Foods is a manufacturer of frozen French fries and potato specialties. The company’s product portfolio includes French fries, potato-based products, sweet potatoes, frozen-fresh potatoes, appetizers, pizzas, vegetables, and desserts. It also produces and distributes potato seeds and manufactures fertilizers. The company markets its products to various food service restaurants, grocery stores, and retail chains. It also provides general freight, warehousing and distribution services for agricultural products and associates with grower partners and suppliers for the procurement of potatoes.
With its subsidiaries and a strong distribution network in over 160 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Unilever PLC (U.K.)
Unilever is engaged in manufacturing and selling consumer goods, including foods, beverages, cleaning agents, and personal care products, among others. The company operates through three business segments, namely, Beauty & Personal Care, Foods & Refreshment, and Home Care. The Foods & Refreshment segment sells ice cream, savory, dressings, and tea. The company offers frozen food products through its Foods & Refreshment segment. Its products are marketed under Magnum and Ben & Jerry’s brands.
With its subsidiaries and a strong distribution network in over 190 countries, the company has its geographic presence across North America, Europe, Asia, Latin America, and the Middle East & Africa.
Kellogg Company is engaged in the manufacturing and marketing of ready-to-eat cereal and convenience foods. The company operates through four business segments, namely Snacks, Cereal, Frozen, and Noodles & Other. The company’s principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods, such as ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers frozen food products through its Frozen segment.
Kellogg products are manufactured in 18 countries and marketed in more than 180 countries. The company has a geographic presence in North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
Ajinomoto Co., Inc. (Japan)
Ajinomoto is engaged in the manufacturing, distributing, and selling of food products, amino acids, and pharmaceuticals. The company operates through four business segments, namely, Seasonings & Foods, Healthcare and Others, Frozen Foods, and Other. It offers frozen food products through its Frozen Foods segment. Ajinomoto also produces edible oils and other specialty chemicals.
With its subsidiaries and a strong distribution network in over 130 countries, the company has its geographic presence across North America, Europe, Asia, Latin America, and the Middle East & Africa.
Popular Mentions: Associated British Foods plc (U.K.), Vandemoortele NV (Belgium), Lantmännen Unibake International (Denmark), Cargill, Incorporated (U.S.), Europastry, S.A. (Spain), JBS S.A. (Brazil), and ARYZTA AG (Switzerland).
Authoritative Research on the Frozen Food Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
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