Argentina Frozen Food Market Size & Outlook, 2023-2030
Argentina frozen food market, 2018-2030 (US$M)
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Argentina frozen food market highlights
- The Argentina frozen food market generated a revenue of USD 8,191.0 million in 2023 and is expected to reach USD 11,246.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, frozen desserts was the largest revenue generating product in 2023.
- Fruits & Vegetables is the most lucrative product segment registering the fastest growth during the forecast period.
Frozen food market data book summary
| Market revenue in 2023 | USD 8,191.0 million |
| Market revenue in 2030 | USD 11,246.0 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Frozen desserts |
| Fastest growing segment | Fruits & Vegetables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruits & Vegetables, Potatoes, Ready Meals, Meat, Fish/Seafood, Frozen Desserts, Bakery Products |
| Key market players worldwide | Nestle SA, Unilever PLC ADR, General Mills Inc, Nomad Foods Ltd, Tyson Foods Inc Class A, Conagra Brands Inc, Wawona Frozen Foods, Bellisio Foods, Kellogg's, Kraft Foods Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.7% of the global frozen food market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil frozen food market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 11,246.0 million by 2030.
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Frozen Food Market Scope
Frozen Food Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina frozen food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to frozen food market will help companies and investors design strategic landscapes.
Frozen desserts was the largest segment with a revenue share of 23.32% in 2023. Horizon Databook has segmented the Argentina frozen food market based on fruits & vegetables, potatoes, ready meals, meat, fish/seafood, frozen desserts, bakery products covering the revenue growth of each sub-segment from 2018 to 2030.
The frozen food market in Argentina is dominated by international brands such as Nestle, Unilever, and General Mills, along with local players like La Serenisima and Molinos Rio de la Plata. These companies offer a wide range of frozen food products, including ready-to-eat meals, frozen vegetables and fruits, and frozen meat and seafood.
Another significant factor contributing to the popularity of frozen food products in Argentina is the changing eating habits of the population. While many Argentinians still prefer traditional homemade meals, there has been a noticeable shift toward a more Westernized diet.
This has led to an increase in the consumption of frozen pizza, burgers, and other fast food items. With the availability of a wide variety of options, frozen food products have become a go-to choice for many as a quick and convenient meal option.
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Our clientele includes a mix of frozen food market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina frozen food market , including forecasts for subscribers. This country databook contains high-level insights into Argentina frozen food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina frozen food market size, by product, 2018-2030 (US$M)
Argentina Frozen Food Market Outlook Share, 2023 & 2030 (US$M)
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