India Frozen Food Market to Grow with a CAGR of 16.87% through 2030F
The India Frozen Food Market
is driven by changing consumer
lifestyles, increasing urbanization, rising disposable incomes, growing demand
for convenience foods, and expanding retail channels.
According
to TechSci Research report, “India Frozen Food Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Frozen Food Market was valued at USD 1.81 Billion in 2024
and is expected to reach USD 3.56 Billion by 2030 with a CAGR of 16.87% during
the forecast period. The
India Frozen Food market has experienced substantial growth in recent years, owing
to the growing middle-class population across the region. As disposable incomes
rise and more individuals embrace modern lifestyles, the demand for convenient,
ready-to-eat meals and snacks has surged. The middle class, particularly in
urban areas, is increasingly adopting frozen food products due to their affordability,
variety, and ease of preparation. Also, the growing preference for global and
diverse cuisines, along with a shift toward healthier and premium food choices,
is further fuelling the demand for frozen foods. This expanding middle-class
demographic is helping drive the market's overall growth.
The India Frozen Food market is driven owing
to the changing consumer preferences across the region. As lifestyles evolve,
consumers are increasingly opting for convenient, quick-to-prepare meals that
fit their fast-paced routines. The growing demand for ready-to-eat and
ready-to-cook frozen meals reflects this shift in behaviour. Also, the rising
exposure to global cuisines and dining options has led to an increased interest
in international frozen food products like pizzas, pasta, and frozen snacks. Also,
as more people become health-conscious, there is a higher demand for healthier
frozen food options, such as low-fat, organic, and preservative-free items.
This shift in consumer preferences is helping to drive the growth and
diversification of the frozen food market in India.
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" India Frozen Food Market”
The India Frozen
Food Market is segmented into product type, category, sales channel and region.
Based
on sales channel, online is the fastest-growing segment in the India Frozen
Food market, driven by the increasing trend of e-commerce and online grocery shopping.
With the convenience of browsing and purchasing from home, more consumers are
turning to platforms like Amazon, BigBasket, and Grofers to buy frozen food
products. Online shopping offers consumers a wider variety of options,
including specialty and premium frozen foods, that may not be available in
local stores. Also, the rise of home delivery services and the growing comfort
of consumers with digital transactions are further fueling this trend. As
internet penetration continues to increase, the online segment is expected to
continue growing rapidly, making frozen foods more accessible to a broader
audience across India.
Based on region, South region of India is the fastest
growing in the Dairy Products market, driven by strong regional demand and a
rich dairy culture. States like Tamil Nadu, Andhra Pradesh, Karnataka, and
Kerala have a long-standing tradition of dairy consumption, with products like
milk, curd, butter, and ghee being staples in daily diets. The growing urbanization,
rising disposable incomes, and increased health-consciousness in the region
have led to higher demand for premium and value-added dairy products. Also, the
expansion of organized retail and e-commerce platforms has made dairy products
more accessible to a larger consumer base in Southern India.
Major companies
operating in India Frozen Food Market are:
- McCain
Foods (India) Private Limited
- Mother Dairy Fruit & Vegetable Pvt
Ltd
- Godrej Agrovet Limited
- Al Kabeer Frozen Foods
- Innovative Foods Limited
- ITC Limited
- Arya Green field Pvt.Ltd
- Conagra Brands, Inc
- Apex Frozen Foods Ltd
- Al-Shifa Frozen Foods
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“The India Frozen Food Market is driven by
the growing health-conscious population across the region. As consumers become
more aware of the importance of healthy eating, there is an increasing demand
for frozen food products that align with wellness trends. This includes options
that are low in calories, rich in nutrients, organic, and free from preservatives
or artificial additives. Health-conscious consumers are increasingly looking
for frozen fruits, vegetables, ready-to-eat meals, and snacks that offer
convenience without compromising nutritional value. Manufacturers are
responding to this demand by introducing healthier frozen food alternatives,
further boosting the market's growth.” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“India Frozen Food Market
By Product Type (Snacks, Fruits & Vegetables, Meat, Poultry & Seafood, Others),
By Category (Organic, Regular), By Sales Channel (Supermarket/Hypermarket, Convenience
Stores, Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of India Frozen Food Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the India Frozen Food Market.
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