Indian Frozen Foods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Indian Frozen Foods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1055
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Indian Frozen Foods Market Overview 2023-2028:

The Indian frozen foods market size reached INR 144.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 353.3 Billion by 2028, exhibiting a growth rate (CAGR) of 16% during 2023-2028.

The market consists of frozen vegetables, frozen fruits, frozen vegetable snacks and frozen meat products. The market for frozen foods has been gaining traction in India owing to their convenience as they do not need any additional preparation and culinary expertise. Moreover, frozen food products, especially frozen snacks, offer enhanced palatability as compared to their home-cooked counterparts. Another reason for the increasing demand for frozen foods in India is the fact that these products are available year-round regardless of the season. Furthermore, end-users can buy these products through various distribution channels such as supermarkets and hypermarkets, convenience stores, departmental stores, etc.

 
 

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Indian Frozen Foods Market Drivers/Constraints:

  • Improving living standards in confluence with rising disposable incomes have driven the growth of the market. Moreover, India’s working population is preferring convenient food products that offer less meal preparation time and ease of consumption.
  • Rising urbanization has resulted in the growth of the organized retail sector in India. These modern grocery and food stores are equipped with cold chain facilities which have led to the availability of a variety of frozen food products in the market.
  • India’s large young population and influence of western food culture have changed their food habits and lifestyles, in turn, augmenting the demand for frozen food products in the region.
  • In order to expand their consumer-base, manufacturers are constantly coming up with new product variants, such as frozen fruits and vegetables, frozen snacks, frozen poultry, meat and seafood products, frozen ready-to-eat meals, etc.
  • India’s booming e-commerce sector has further propelled the growth of the market. Online platforms offer high product visibility and product listing at nominal costs in comparison to traditional retail platforms, thereby facilitating greater market penetration of frozen food products in India.


Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Indian frozen foods market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on product type.

Breakup by Product Type:

 

 
 

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  • Frozen Vegetable Snacks
  • Frozen Fruits and Vegetables
  • Frozen Meat Products


On the basis of product type, the market has been segmented into frozen vegetable snacks, frozen meat products and frozen fruits and vegetables. Among these, frozen vegetable snacks hold the largest market share. 

Competitive Landscape:

The competitive landscape of the market has been examined with some of the key players being:

  • McCain India Pvt Limited
  • Venky’s (India) Limited
  • Mother Dairy Fruit and Vegetable
  • Godrej Tyson Foods Limited
  • Al Kabeer Group
  • Innovative Foods Limited (Sumeru)


This report provides a deep insight into the Indian frozen foods market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the frozen foods industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units INR Billion
Segment Coverage Product Type
Companies Covered McCain India Pvt Limited, Venky’s (India) Limited, Mother Dairy Fruit and Vegetable, Godrej Tyson Foods Limited, Al Kabeer Group and Innovative Foods (Sumeru)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Indian Frozen Foods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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