Europe Frozen Food Market Size & Outlook, 2023-2030
Europe frozen food market, 2018-2030 (US$M)
Related Markets
Europe frozen food market highlights
- The Europe frozen food market generated a revenue of USD 135,983.9 million in 2023.
- The market is expected to grow at a CAGR of 6.2% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 135,983.9 million |
| Market revenue in 2030 | USD 206,507.8 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Frozen desserts |
| Fastest growing segment | Fruits & Vegetables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 28.5% of the global frozen food market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 189,245.3 million by 2030.
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Frozen Food Market Scope
Frozen Food Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 23.1% in 2023. Horizon Databook has segmented the Europe 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.
Frozen food has become a staple in the European diet, with its popularity steadily increasing over the years. The region has witnessed a growing demand for frozen foods, which has become an essential part of the daily meals for many households. Prominent manufacturers are capitalizing on opportunistic frozen food businesses by expanding their reach to cater to the population’s diverse food preferences across Europe.
In December 2022, Europastry, a well-known frozen bakery company based in Spain, acquired Dawn Foods’ frozen bakery manufacturing business in Europe, Africa, the Middle East, and Asia Pacific. The deal includes Dawn Foods’ frozen bakery manufacturing plant in Steenbergen, Netherlands, along with its research and development capabilities in Evesham, U.K.
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Target buyers of Europe frozen food market databook
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Our clientele includes a mix of frozen food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe frozen food market , including forecasts for subscribers. This continent databook contains high-level insights into Europe frozen food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe frozen food market size, by country, 2018-2030 (US$M)
Europe Frozen Food Market Outlook Share, 2023 & 2030 (US$M)
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