Asia Pacific Frozen Processed Food Market

Asia Pacific Frozen Processed Food Market Size (2024 to 2029)

Asia Pacific Frozen Processed Food market size is expected to be valued at USD 14.02 billion in 2024 and is upon to achieve USD 16.7 billion by 2029 to grow at a CAGR of 3.57% from  2024 to 2029.

Due to busy lifestyles coupled with changing preferences among consumers towards ready-to-cook meals due to conveniences and hygiene is anticipated to remain a main driving factor for the overall industry. Compared to the fresh ones, these products contain maximum vitamins and minerals because freezing preserves the products for prolonged periods without any preservatives and deters any microbial growth that causes food spoilage. Frozen processed food items are perceived as healthy as natural food item among consumers across the world, more consumers are gradually shifting towards the consumption of frozen processed food in order to maintain a healthier lifestyle is one of the major drivers for the frozen processed food market. Moreover, due to the rise in health awareness among consumers, they are looking to reduce the consumption of ready-to-eat food items and are shifting towards the consumption of frozen processed food as they are seen as a healthier alternative. Furthermore, the vast product range of frozen processed food products due to product innovation is commenced by the manufacturers operating in the global frozen processed foods market is another factor driving the market. In addition, due to the busy lifestyle of the consumers in the developing regions including Asia Pacific and the Middle East, they are looking for the consumption of food items that would address their health requirements and are convenient at the same time. This factor is also fuelling the demand for the global processed food market.

This Research Report on Asia Pacific Frozen Processed Food Market is segmented and sub segmented into following categories

Asia Pacific Frozen Processed Food Market By Product

• Frozen Fruits & Vegetables
• Frozen Potatoes
• Frozen Ready Meals
• Frozen Meat
• Frozen Fish/Seafood
• Frozen Soup

The frozen processed poultry held the largest market share followed by the frozen processed sea food segment. However, the frozen processed sea food segment is expected to surpass the frozen processed poultry segment in terms of revenue share. The frozen processed red meat segment held the largest market share and is projected to remain the market leader during the forecast period.

REGIONAL ANALYSIS

• India
• China
• Japan
• Australia
• South Korea.

Asia Pacific is anticipated to register the highest growth rate. Consumer preference toward hygiene-related frozen products coupled with the new trend of online grocery purchases is expected to have a positive impact on the regional growth over the forecast period. Asia Pacific is expected to witness significant growth over the coming years due to swift expansion in fast food outlets in countries such as India, Singapore, Indonesia, Malaysia, and China. Growth in urbanization coupled with a rise in disposable income is the key factors in these countries, which have augmented consumers’ preference for fast food.

KEY PLAYERS IN ASIA PACIFIC FROZEN PROCESSED FOOD MARKET 

Key Players In Asia Pacific Frozen Processed Food Market are ConAgra Foods, Inc, Nestle S.A, Tyson Foods Inc, Unilever plc, BRF S.A, General Mills Inc, Ajinomoto Co. Inc, Unilever Plc, Allens, Inc, Heinz, Amy’s Kitchen Inc.