Spain Frozen Food Market Size & Outlook, 2023-2030
Spain frozen food market, 2018-2030 (US$M)
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Spain frozen food market highlights
- The Spain frozen food market generated a revenue of USD 8,764.6 million in 2023 and is expected to reach USD 13,165.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 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 8,764.6 million |
| Market revenue in 2030 | USD 13,165.5 million |
| Growth rate | 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, Spain accounted for 1.8% 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 Europe, UK frozen food market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 32,679.8 million by 2030.
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Frozen Food Market Scope
Frozen Food Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 23.05% in 2023. Horizon Databook has segmented the Spain 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 demand for frozen tapas, paella, and seafood has been steadily increasing in recent years. With busy lifestyles and the need for convenience, consumers are turning to frozen food options to save time and effort in the kitchen. These frozen options are readily available in supermarkets, making it easy for consumers to purchase and enjoy at their convenience.
The strong cultural affinity for seafood in Spain is one of the main driving factors for the high demand for frozen fish fillets. Spain has always been known for its love for seafood, with its coastal location providing easy access to a variety of fresh fish.
This love for seafood has translated into a strong demand for frozen fish fillets in the country, making Spain the seventh-largest import market for this product in the world. In addition to convenience, frozen tapas, paella, and seafood also offer a sustainable option for consumers.
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Our clientele includes a mix of frozen food market companies, investment firms, advisory firms & academic institutions.
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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 Spain frozen food market , including forecasts for subscribers. This country databook contains high-level insights into Spain frozen food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain frozen food market size, by product, 2018-2030 (US$M)
Spain Frozen Food Market Outlook Share, 2023 & 2030 (US$M)
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