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Frozen foods market to reach new heights with steady 5.5% CAGR growth by 2034
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Monday, 01 September, 2025, 13 : 00 PM [IST]
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Our Bureau, Mumbai
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The frozen foods market, valued at USD 297 billion in 2024, is poised to grow at a CAGR of 5.5% from 2025 to 2034, driven by evolving consumer preferences and dynamic lifestyle changes, according to Global Market Insights. The rising tide of urbanisation and the increasingly fast-paced lives of consumers are shaping the demand for convenient meal solutions.
As people migrate to urban areas, the appeal of frozen foods, offering ease, versatility, and time efficiency, has surged dramatically. These products address the growing need for quick, high-quality, and nutritious meal options, catering to the preferences of working professionals, students, and dual-income households.
With advancements in freezing technologies, the industry has achieved significant improvements in preserving flavor, texture, and nutritional content, further enhancing its appeal. Moreover, the proliferation of supermarkets, hypermarkets, and online grocery platforms has made frozen food products more accessible than ever, accelerating market growth.
Frozen foods deliver unparalleled convenience, enabling individuals to enjoy diverse culinary options without extensive preparation. From ready-to-eat meals to frozen ingredients, these products resonate with consumers, who prioritise efficiency without compromising quality.
The global shift towards sustainable consumption also aligns with the growing availability of organic and plant-based frozen food products, which cater to health-conscious and environmentally aware consumers. These factors, coupled with the expansion of cold chain logistics infrastructure, ensure the frozen foods market remains on a steady growth trajectory.
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