How big is the Frozen Snacks Market?

The Frozen Snacks Market size is expected to reach USD 107.86 billion in 2024 and grow at a CAGR of 4.23% to reach USD 132.68 billion by 2029. Read More

What is the current Frozen Snacks Market size?

In 2024, the Frozen Snacks Market size is expected to reach USD 107.86 billion. Read More

Who are the key players in Frozen Snacks Market?

McCain Foods Limited, Conagra Brands Inc., Nomad Foods Limited, Kraft Heinz Co and Nestlé S.A. are the major companies operating in the Frozen Snacks Market. Read More

Which is the fastest growing region in Frozen Snacks Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Frozen Snacks Market?

In 2024, the North America accounts for the largest market share in Frozen Snacks Market. Read More

What years does this Frozen Snacks Market cover, and what was the market size in 2023?

In 2023, the Frozen Snacks Market size was estimated at USD 103.48 billion. The report covers the Frozen Snacks Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Frozen Snacks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Frozen Snacks Market - Size, Share & Industry Analysis

Frozen Snacks Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Frozen Snacks Market Analysis and it is Segmented by Product Type (Potato Fries, Pizzas, and Other Frozen Snacks), by Distribution Channel (Retail (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other Distribution Channels) and Foodservice), and by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The Market Size and Values Are Provided in Terms of (USD Million) During the Forecasted Years for the Above Segments.

Frozen Snacks Industry Overview

The market for frozen snacks is highly fragmented due to the presence of many global and local companies. Some of the key companies in the market include Nomad Foods Limited, Conagra Brands Inc., McCain Foods Limited, Kraft Heinz Co., and Nestle SA. Manufacturers operating in the market are entering into agreements with downstream companies to increase their operational reach. The giant manufacturers have intensified their R&D efforts to develop niche and innovative products based on the end-user industry's requirements. Manufacturers are concentrating on enhancing their product quality to obtain a competitive edge over other players in the market. The major players are also practicing geographical expansion and mergers and acquisitions to pump up their revenues. For instance, in December 2021, Strong Roots, a leading plant-based frozen food company, and McCain Foods, the family-owned world leader in frozen potato specialties and appetizers, announced a strategic partnership, with McCain Foods investing USD 55 million in Strong Roots to take a minority stake in the business.