Europe Frozen Food Market Introduction and Overview
According to SPER Market Research, the Europe Frozen Food Market is estimated to reach USD 94.20 billion by 2033 with a CAGR of 3.03%.
The report includes an in-depth analysis of the Europe Frozen Food Market, including market size and trends, product mix, distribution channels, and supplier analysis. Frozen foods are items of food that are kept at low temperatures for preservation purposes, allowing them to remain edible for extended periods. This category encompasses various food items like peas, chips, sausages, carrots, pizza, sweet corn, and more.
- August 2022: Yogurtland expanded its operations by introducing a new, temporary Watermelon Sorbet with the flavour reminiscent of Sour Patch Kids Candy.
- June 2022: A UK-based plant-based food brand, THIS, expanded its frozen food offerings with products like THIS Isn't Chicken Tenders, THIS Isn't Pork Sausages, and THIS Isn't Chicken Nuggets, now sold at Sainsbury's stores nationwide.
Market Opportunities and Challenges
- Opportunities: The European frozen food market is experiencing significant opportunities due to the increasing popularity of e-commerce. Online retailers leverage their digital capabilities to offer a wider range of frozen food products and deliver them directly to consumers' homes, capitalizing on the convenience of online ordering and real-time tracking. Furthermore, data-driven insights enable personalized recommendations, addressing the diverse and ever-changing preferences in the frozen food market. This trend is anticipated to fuel the expansion of the European frozen food market in the foreseeable future.
- Challenges: The primary obstacle to market growth in the frozen food industry is the health risks associated with consuming frozen ready meals. These products use cheaper, less nutritious ingredients, such as substituting olive oil with less effective rapeseed oil, leading to a loss of antioxidants. Regular consumption of frozen meals is linked to obesity, diabetes, dementia, renal disease, and high blood pressure, which can deter consumers. Consequently, heightened awareness of these health concerns is expected to hinder the European frozen food market's growth in the future.
Market Competitive Landscape
The vendors in Europe frozen food market are employing a range of approaches, including forming strategic partnerships, entering into alliances, pursuing mergers and acquisitions, expanding into new geographic regions, and launching new products/services, all aimed at strengthening their market presence. The market exhibits a moderate level of fragmentation, with several major players, including FRoSTA AG, McCain Foods Limited, Nestle, Nomad Food Europe Limited, Nomad Food Europe Limited, Congelados Cientocino, S.L, Dr. August Oetker KG, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Product, By Type, By End Use
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Regions covered | Scandinavia, United Kingdom, Germany, France, Spain, Italy
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Companies Covered | FRoSTA AG, McCain Foods Limited, Nestle, Nomad Food Europe Limited, Nomad Food Europe Limited, Congelados Cientocino, S.L, Dr. August Oetker KG
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COVID-19 Impact on Europe Frozen Food Market
While many industries were adversely affected by the ongoing COVID-19 pandemic, the frozen food sector in Europe experienced a distinct advantage. Consumers in the region increasingly turned to frozen food during the pandemic, leading to higher household spending on frozen food in 2020 amidst the COVID-19 crisis. The Europe frozen food market has been affected by COVID-19, with increased demand for convenient meals as people stay home, while frozen snacks and party foods have seen decreased demand due to fewer social gatherings and outdoor activities, reflecting changing consumer preferences during the pandemic.
Key Target Audience
- Consumer
- Food Manufacturer and Supplier
- Food Service Provider
- Industry Association
- Research and Development Professionals
- Retailers and Distributors
- Others
Our in-depth analysis of the Europe Frozen Food Market includes the following segments:
By Products:
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Frozen Ready Meals
Frozen Fish
Seafood
Frozen Meat
Poultry
Frozen Fruits and Vegetables
Frozen Baked goods
Frozen Pizza
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By Type:
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Raw Materials
Half-Cooked
Ready to Eat
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By End Use:
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Retail
Food Service
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Key Topics Covered in the Report
- Europe Frozen Food Market Size (FY’2023-FY’2033)
- Overview of Europe Frozen Food Market
- Segmentation of Europe Frozen Food Market By Products (Frozen Ready Meals, Frozen Fish and Seafood, Frozen Meat and Poultry, Frozen Fruits and Vegetables, Frozen Baked Goods, Frozen Pizza, Others)
- Segmentation of Europe Frozen Food Market By Type (Raw Material, Half-Cooked, Ready-to-Eat)
- Segmentation of Europe Frozen Food Market By End User (Retail, Food Service)
- Statistical Snap of Europe Frozen Food Market
- Expansion Analysis of Europe Frozen Food Market
- Problems and Obstacles in Europe Frozen Food Market
- Competitive Landscape in the Europe Frozen Food Market
- Impact of COVID-19 and Demonetization on Europe Frozen Food Market
- Details on Current Investment in Europe Frozen Food Market
- Competitive Analysis of Europe Frozen Food Market
- Prominent Players in the Europe Frozen Food Market
- SWOT Analysis of Europe Frozen Food Market
- Europe Frozen Food Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Frozen Food Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Frozen Food Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Frozen Food Market
7. Europe Frozen Food Market, By Products (USD Million)
7.1. Europe Frozen Food Market Value Share and Forecast, By Products, 2023-2033
7.2. Frozen Ready Meals
7.3. Frozen Fish
7.4. Seafood
7.5. Frozen Meat
7.6. Poultry
7.7. Frozen Fruits and Vegetables
7.8. Frozen Baked goods
7.9. Frozen Pizza
7.10. Others
8. Europe Frozen Food Market, By Type (USD Million)
8.1. Europe Frozen Food Market Value Share and Forecast, By Type, 2023-2033
8.2. Raw Materials
8.3. Half-Cooked
8.4. Ready to Eat
9. Europe Frozen Food Market, By End Use (USD Million)
9.1. Europe Frozen Food Market Value Share and Forecast, By End Use, 2023-2033
9.2. Retail
9.3. Food Service
10. Europe Frozen Food Market Forecast, 2019-2033 (USD Million)
10.1. Europe Frozen Food Market Size and Market Share
11. Europe Frozen Food Market, By Products, 2019-2033 (USD Million)
11.1. Europe Frozen Food Market Size and Market Share by Products (2019-2026)
11.2. Europe Frozen Food Market Size and Market Share by Products (2027-2033)
12. Europe Frozen Food Market, By Type, 2019-2033 (USD Million)
12.1. Europe Frozen Food Market Size and Market Share by Type (2019-2026)
12.2. Europe Frozen Food Market Size and Market Share by Type (2027-2033)
13. Europe Frozen Food Market, By End Use, 2019-2033 (USD Million)
13.1. Europe Frozen Food Market Size and Market Share by End Use (2019-2026)
13.2. Europe Frozen Food Market Size and Market Share by End Use (2027-2033)
14. Europe Frozen Food Market, By Region, 2019-2033 (USD Million)
14.1. Europe Frozen Food Market Size and Market Share by Region (2019-2026)
14.2. Europe Frozen Food Market Size and Market Share by Region (2027-2033)
14.3. Scandinavia
14.4. United Kingdom
14.5. Germany
14.6. France
14.7. Spain
14.8. Italy
15. Company Profile
15.1. FRoSTA AG
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. McCain Foods Limited
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Nestle
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Nomad Food Europe Limited
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Congelados Cientocino, S.L
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Dr. August Oetker KG
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.