Frozen Food Market size in India to grow by USD 1,478.91 million from 2022 to 2027; Growth driven by growing desire for convenience - Technavio

NEW YORK, May 30, 2023 /PRNewswire/ -- The frozen food market in India is set to grow by USD 1478.91 million from 2022 to 2027 progressing at a CAGR of 14.12% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The growing desire for convenience is notably driving the market growth, although distribution challenges may impede the Indian Frozen Food Market growth. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!

The report on the frozen food market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Frozen Food Market In India 2023-2027 - Market Dynamics

Market Drivers

• Growing desire for convenience
• Rapid e-commerce penetration boosting market growth
• Rising demand from QSRs

Market Trends

• Expanding organized retail landscape
• Product launches and expansion by private-label brands
• Growing demand for RTE foods

Market Challenges

• Distribution challenges
• Health risks associated with the consumption of frozen food
• Lack of logistics infrastructure

Frozen Food Market In India 2023-2027: Market Segmentation

The frozen food market in India is segmented by product (ready to cook and ready to eat) and distribution channel (online and offline). 

The market share growth by the ready-to-cook segment will be significant during the forecast period. Frozen foods are gaining popularity due to their ease of preparation and short cooking times. The ready-to-cook segment was valued at USD 502.92 million in 2017 and continued to grow until 2021. 

The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

The frozen food market in India covers the following areas:

Frozen Food Market In India Sizing
Frozen Food Market In India Forecast
Frozen Food Market In India Analysis

Companies Mentioned

• Ajinomoto Co. Inc.
• Apex Frozen Foods Ltd.
• Associated British Foods Plc
• Capricorn Food Products India Ltd.
• Conagra Brands Inc.
• Corporativo Bimbo SA de CV
• DARSHAN FOODS PVT. LTD.
• Frozen Tropicals Pvt. Ltd.
• General Mills Inc.
• Godrej Agrovet Ltd.
• HyFunFoods Pvt. Ltd.
• Innovative Foods Ltd.
• ITC Ltd.
• McCain Foods Ltd.
• Mother Dairy Fruit and Vegetable Pvt. Ltd.
• Nestle SA
• Savola Group
• Top Fresh International Pvt. Ltd.
• Unilever PLC
• VH Group

ajinomoto.com- The company offers frozen foods that includes different fruits, mixed vegetables, and others.

apexfrozenfoods.in- The company offers frozen foods that includes two kinds of shrimps namely the Whiteleg shrimp (Litopenaeus vannamei) and the Black Tiger Shrimp (Penaeus monodon).

capricorngroup.com- The company offers frozen foods that include tropical fruits like mango, pineapple, guava, papaya, pomegranate, banana, etc.

Related Reports:

Cookies Market - The Cookies Market size is projected to increase by USD 22.44 billion, and the market size is estimated to grow at a CAGR of 5.81% between 2022 and 2027. 

High Protein-based Food Market- The High Protein-Based Food Market size is projected to increase by USD 40.67 billion and the market size is estimated to grow at a CAGR of 7.68% between 2022 and 2027.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
• Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Frozen food market in India 2017 - 2021
• Exhibit 15: Historic Market Size – Data Table on Frozen food market in India 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 17: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 25: Chart on Product - Market share 2022-2027 (%)
• Exhibit 26: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 27: Chart on Comparison by Product
• Exhibit 28: Data Table on Comparison by Product

• 6.3 Ready to cook - Market size and forecast 2022-2027
• Exhibit 29: Chart on Ready to cook - Market size and forecast 2022-2027 ($ million)
• Exhibit 30: Data Table on Ready to cook - Market size and forecast 2022-2027 ($ million)
• Exhibit 31: Chart on Ready to cook - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Ready to cook - Year-over-year growth 2022-2027 (%)

• 6.4 Ready to eat - Market size and forecast 2022-2027
• Exhibit 33: Chart on Ready to eat - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Ready to eat - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Ready to eat - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Ready to eat - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 37: Market opportunity by Product ($ million)
• Exhibit 38: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 39: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 40: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 41: Chart on Comparison by Distribution Channel
• Exhibit 42: Data Table on Comparison by Distribution Channel

• 7.3 Online - Market size and forecast 2022-2027
• Exhibit 43: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.4 Offline - Market size and forecast 2022-2027
• Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 51: Market opportunity by Distribution Channel ($ million)
• Exhibit 52: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

• 9.1 Market drivers 

• 9.2 Market challenges 

• 9.3 Impact of drivers and challenges 
• Exhibit 54: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends 

10 Vendor Landscape

• 10.1 Overview 

• 10.2 Vendor landscape 
• Exhibit 55: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 56: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 57: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 58: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 59: Matrix on vendor position and classification

• 11.3 Ajinomoto Co. Inc. 
• Exhibit 60: Ajinomoto Co. Inc. - Overview
• Exhibit 61: Ajinomoto Co. Inc. - Business segments
• Exhibit 62: Ajinomoto Co. Inc. - Key news
• Exhibit 63: Ajinomoto Co. Inc. - Key offerings
• Exhibit 64: Ajinomoto Co. Inc. - Segment focus

• 11.4 Apex Frozen Foods Ltd. 
• Exhibit 65: Apex Frozen Foods Ltd. - Overview
• Exhibit 66: Apex Frozen Foods Ltd. - Product / Service
• Exhibit 67: Apex Frozen Foods Ltd. - Key offerings

• 11.5 Capricorn Food Products India Ltd.
• Exhibit 68: Capricorn Food Products India Ltd. - Overview
• Exhibit 69: Capricorn Food Products India Ltd. - Product / Service
• Exhibit 70: Capricorn Food Products India Ltd. - Key offerings

• 11.6 DARSHAN FOODS PVT. LTD. 
• Exhibit 71: DARSHAN FOODS PVT. LTD. - Overview
• Exhibit 72: DARSHAN FOODS PVT. LTD. - Product / Service
• Exhibit 73: DARSHAN FOODS PVT. LTD. - Key offerings

• 11.7 Frozen Tropicals Pvt. Ltd. 
• Exhibit 74: Frozen Tropicals Pvt. Ltd. - Overview
• Exhibit 75: Frozen Tropicals Pvt. Ltd. - Product / Service
• Exhibit 76: Frozen Tropicals Pvt. Ltd. - Key offerings

• 11.8 Godrej Agrovet Ltd. 
• Exhibit 77: Godrej Agrovet Ltd. - Overview
• Exhibit 78: Godrej Agrovet Ltd. - Business segments
• Exhibit 79: Godrej Agrovet Ltd. - Key offerings
• Exhibit 80: Godrej Agrovet Ltd. - Segment focus

• 11.9 HyFunFoods Pvt. Ltd. 
• Exhibit 81: HyFunFoods Pvt. Ltd. - Overview
• Exhibit 82: HyFunFoods Pvt. Ltd. - Product / Service
• Exhibit 83: HyFunFoods Pvt. Ltd. - Key offerings

• 11.10 Innovative Foods Ltd. 
• Exhibit 84: Innovative Foods Ltd. - Overview
• Exhibit 85: Innovative Foods Ltd. - Product / Service
• Exhibit 86: Innovative Foods Ltd. - Key offerings

• 11.11 ITC Ltd. 
• Exhibit 87: ITC Ltd. - Overview
• Exhibit 88: ITC Ltd. - Business segments
• Exhibit 89: ITC Ltd. - Key offerings
• Exhibit 90: ITC Ltd. - Segment focus

• 11.12 McCain Foods Ltd. 
• Exhibit 91: McCain Foods Ltd. - Overview
• Exhibit 92: McCain Foods Ltd. - Product / Service
• Exhibit 93: McCain Foods Ltd. - Key offerings

• 11.13 Mother Dairy Fruit and Vegetable Pvt. Ltd.
• Exhibit 94: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Overview
• Exhibit 95: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Product / Service
• Exhibit 96: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Key offerings

• 11.14 Savola Group 
• Exhibit 97: Savola Group - Overview
• Exhibit 98: Savola Group - Product / Service
• Exhibit 99: Savola Group - Key offerings

• 11.15 Top Fresh International Pvt. Ltd.
• Exhibit 100: Top Fresh International Pvt. Ltd. - Overview
• Exhibit 101: Top Fresh International Pvt. Ltd. - Product / Service
• Exhibit 102: Top Fresh International Pvt. Ltd. - Key offerings

• 11.16 Unilever PLC 
• Exhibit 103: Unilever PLC - Overview
• Exhibit 104: Unilever PLC - Business segments
• Exhibit 105: Unilever PLC - Key news
• Exhibit 106: Unilever PLC - Key offerings
• Exhibit 107: Unilever PLC - Segment focus

• 11.17 VH Group 
• Exhibit 108: VH Group - Overview
• Exhibit 109: VH Group - Business segments
• Exhibit 110: VH Group - Key offerings
• Exhibit 111: VH Group - Segment focus

12 Appendix

• 12.1 Scope of the report 

• 12.2 Inclusions and exclusions checklist
• Exhibit 112: Inclusions checklist
• Exhibit 113: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 114: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 115: Research methodology
• Exhibit 116: Validation techniques employed for market sizing
• Exhibit 117: Information sources

• 12.5 List of abbreviations 
• Exhibit 118: List of abbreviations

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