Japan Frozen Food Market Size & Outlook, 2023-2030
Japan frozen food market, 2018-2030 (US$M)
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Japan frozen food market highlights
- The Japan frozen food market generated a revenue of USD 13,180.6 million in 2023 and is expected to reach USD 20,665.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.6% 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 13,180.6 million |
| Market revenue in 2030 | USD 20,665.2 million |
| Growth rate | 6.6% (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, Japan accounted for 2.8% 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 Asia Pacific, China frozen food market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 19,170.3 million by 2030.
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Frozen Food Market Scope
Frozen Food Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 23.02% in 2023. Horizon Databook has segmented the Japan 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 consumption of frozen ready-to-eat meals, processed food, and meat has been on the rise in Japan. With the busy lifestyles of modern families, the demand for ready-to-eat meals has increased, leading to a rise in the sales of frozen foods. These products are often marketed as a time-saving solution for busy households, making them a popular choice for many families.
According to recent statistics released by Japan's Ministry of Internal Affairs, there has been a significant increase in the average expenditure on frozen foods per family from 2019 to 2021. The data shows that there has been a rise of 20% in the amount of money spent on these products, highlighting a growing trend in the country's consumption habits.
Moreover, Japan’s annual tradition of crowning a “dish of the year” captures the attention of food enthusiasts around the world. With each passing year, this prestigious title is bestowed upon a dish that not only tantalizes taste buds but also reflects the ever-evolving food trends in the country.
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Target buyers of Japan 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 country-level data and insights on the Japan frozen food market , including forecasts for subscribers. This country databook contains high-level insights into Japan frozen food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan frozen food market size, by product, 2018-2030 (US$M)
Japan Frozen Food Market Outlook Share, 2023 & 2030 (US$M)
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