The Europe Frozen Food Market size was valued at USD 58.12 Billion in 2022 and the total Europe Frozen Food Market revenue is expected to grow at a CAGR of 5.2%% from 2023 to 2029, reaching nearly USD 87.19 Billion.
Europe Frozen Food Market Overview:
This Europe Frozen Food Market study looks at current and emerging industry trends and dynamics in the global Europe Frozen Food Market. Europe Frozen Food Extensive Market forecasting for the major Market segments is carried out between 2021 and 2027. Extensive Europe Frozen Food Market analysis is carried out by closely monitoring key product positions and the main competitors in the Market framework. To understand the competitive landscape of the worldwide Europe Frozen Food Market, key players are profiled and their strategies are thoroughly evaluated.
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Market Scope:
The analysis contains a current examination of the present Europe Frozen Food Market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Europe Frozen Food Market environment. Increased demand for Europe Frozen Food is driving the Market. The Market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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Segmentation:
The importance of maintaining a healthy lifestyle among Europeans is growing, which has driven a rise in demand for nutrient-dense food and beverage items. According to a recent poll and analysis by MMR, 60% of Europeans believe that increasing their intake of fruits and vegetables will improve their general well-being, and 70% of them actively purchase healthy foods. Consumer worries about recent food safety events at retail chains have been especially strong, underscoring the significance of food quality.
There has been a noticeable increase in demand for "free from," "organic," and "vegetarian" goods. With organic food accounting for 53% of all consumer food purchases and vegetarian food accounting for 39% of all consumer food purchases, these categories have already attained considerable levels of penetration, which has an impact on the demand and supply in the Europe Frozen Food Market.
1. Europe Frozen Food Market Size and Forecast, by Product Type (2022-2029)
1. Fruits
2. Vegetables
3. Potato Products
4. Frozen Potato Products
5. Seafood
2. Europe Frozen Food Market Size and Forecast, by End-User (2022-2029)
1. Food Service Industry
2. Retail Customers
3. Europe Frozen Food Market Size and Forecast, by Product Category (2022-2029)
1. Ready-to-eat
2. Ready-to-cook
3. Ready-to-drink
4. Other Product Categories
Key Players:
The Market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide Market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the Market's major influencing factors, as well as complete company profiles of
1. Nestlé
2. McCain Foods
3. Nomad Foods
4. Dr. Oetker
5. Frosta AG
6. Bonduelle Group
7. Iglo Group
8. Greenyard NV
9. Pinguin Foods
10. Aviko
11. Findus Group
12. Birds Eye
13. Schwan's Company
14. Aunt Bessie's
15. Lutosa
16. Lamb Weston Holdings, Inc.
17. Iceland Foods
18. FRoSTA Maultaschen GmbH
19. Picard Surgelés
20. FRoSTA AG
Regional Analysis:
Individual Market influencing variables and changes in Market laws that impact present and future Market trends are also included in the regional segment of the Market study. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are just a few of the indicators utilized to anticipate Market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Europe Frozen Food Market:
The COVID-19 epidemic has had a significant impact on the global Europe Frozen Food industry. Europe Frozen Food Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Market to decelerate in 2020. The negative impact of COVID-19 on the Market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2021, owing to increased demand for Europe Frozen Food.
Key Questions Answered in the Europe Frozen Food Market Report are:
- Which segment was responsible for the largest share in the Europe Frozen Food Market?
- How was the competitive scenario of the Market in 2020?
- Which are the key factors responsible for the Market growth?
- Which region held the maximum share in the Europe Frozen Food Market in 2020?
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