The Frozen Snack Food Market is being driven by Rise in launch of frozen products
The Frozen Snack Food Market is expected to grow at a CAGR of 6.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16223.6 million. In the frozen snack food market, e-commerce platforms have revolutionized accessibility and expanded market reach. Consumers can now purchase a diverse range of frozen snack products online, transcending geographic limitations. These digital marketplaces offer an extensive selection of offerings from various brands, including niche and specialty items that may not be readily available in traditional retail stores. This diversity enables consumers to explore new frozen snack options and make informed decisions based on reviews and recommendations from other buyers. E-commerce has become an essential channel for both large and small frozen snack producers to broaden their customer base.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
223 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.5% |
Market growth 2025-2029 |
USD 16223.6 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
5.9 |
Key countries |
US, China, Germany, UK, France, Japan, Canada, Brazil, Italy, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The frozen snack food market encompasses a wide array of items, including Frozen Finger Foods like breadsticks, onion rings, and mozzarella sticks, as well as Frozen Bites, mini pizzas, and breakfast burritos. Additionally, there are Frozen Rice Bowls, soups, chili, pasta, potato skins, and nachos. For dessert, there are Frozen Fruit Pops, yogurt bars, dessert cups, sorbet, granola bars, protein bars, energy bars, trail mix, fruit leather, and various Frozen Meatless, Plant-Based, Vegan, Gluten-Free, Organic, Non-GMO, Sustainable Seafood, Shelf-Stable, Microwaveable, Ready-to-Eat Meals, Meal Kits, and Ingredient Packs. Frozen Jalapeno Poppers are also popular in this market. Frozen food e-commerce is a growing segment for convenient home delivery of these diverse offerings.
The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase shelf life. According to Technavio, the market's size is determined by the consolidated revenue generated by the participating industry players. This market segment excludes providers of food processing machinery and manufacturers of packaged beverages, including alcoholic and non-alcoholic varieties. Factors fueling the expansion of the global packaged foods and meats market include the health advantages linked to the consumption of minimally processed foods. Minimally processed items, such as frozen appetizers, desserts, entrees, pizza, sides, snacks, and breakfast foods, are rich in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
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