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The South Korea Frozen Food market reached a value of about USD 2.07 Billion in 2024. The industry is further expected to grow at a CAGR of about 6.70% in the forecast period of 2025-2034 to reach a value of around USD 3.96 Billion by 2034.
The market size of frozen ready meals in South Korea was valued around **** million U.S. dollars in 2016. The overall market size of ready meals amounted to around ** million dollars.
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The frozen food market will grow from USD 320.4 Billion in 2025 to USD 657.5 Billion by 2035, registering a 5.4% CAGR driven by changing consumer preferences.
Report Attribute | Description |
---|---|
Market Size in 2025 | USD 320.4 Billion |
Market Forecast in 2035 | USD 657.5 Billion |
CAGR % 2025-2035 | 5.4% |
Base Year | 2024 |
Historic Data | 2020-2024 |
Forecast Period | 2025-2035 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | By Product Type, By Freezing Technique, By Distribution Channel |
Regional Scope | North America, Europe, APAC, Latin America, Middle East and Africa |
Country Scope | U.S., Canada, U.K., Germany, France, Italy, Spain, Benelux, Nordic Countries, Russia, China, India, Japan, South Korea, Australia, Indonesia, Thailand, Mexico, Brazil, Argentina, Saudi Arabia, UAE, Egypt, South Africa, Nigeria |
Comprehensive dataset of 97 Frozen food manufacturers in South Korea as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.
In 2023, the processed food market size in South Korea amounted to almost *** trillion South Korean won, increased from about ***** trillion in the previous year. The market size of processed food increased in recent years.
Comprehensive dataset of 1 Frozen food manufacturers in Gwangju, South Korea as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.
Over the forecast period until 2029, the average revenue per user is forecast to exhibit fluctuations among the ten segments. Comparing the ten different segments for the year 2029, the segment 'Meat' leads the ranking with ******** U.S. dollars. Contrastingly, 'Sauces & Spices' is ranked last, with ***** U.S. dollars. Their difference, compared to Meat, lies at ******** U.S. dollars. Find further statistics on other topics such as a comparison of the volume in Europe and a comparison of the volume in Nigeria. The Statista Market Insights cover a broad range of additional markets.
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The market is expected to expand at a compound annual growth rate of almost 4.8%, with an anticipated value of about USD 3,171.4 Million by 2035, up from USD 1,984.5 Million in 2025.
Metric | Value |
---|---|
Market Size in 2025 | USD 1,984.5 Million |
Projected Market Size in 2035 | USD 3,171.4 Million |
CAGR (2025 to 2035) | 4.8% |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 4.9% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 4.7% |
Region | CAGR (2025 to 2035) |
---|---|
European Union | 4.8% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 4.8% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 4.9% |
Segmentation Outlook - Raw, fresh and frozen dog food Market
Food Type | Market Share (2025) |
---|---|
Frozen Food | 61.5% |
Breed Size | Market Share (2025) |
---|---|
Small Breeds | 56.8% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Freshpet, Inc. | 14-18% |
Nestlé Purina (Just Right) | 12-16% |
The Farmer’s Dog | 10-14% |
Nom (Mars Inc.) | 8-12% |
Stella & Chewy’s | 6-9% |
Other Fresh/Raw Dog Food Brands | 30-40% |
According to our latest research, the global frozen bulgogi meals market size reached USD 1.27 billion in 2024, demonstrating a robust growth trajectory, with a recorded CAGR of 7.4% over the past year. Key growth drivers include increasing consumer demand for convenient, ready-to-eat ethnic foods and ongoing product innovation. The market is forecasted to expand significantly, reaching USD 2.36 billion by 2033, as per the calculated CAGR and current market dynamics.
One of the primary growth factors fueling the frozen bulgogi meals market is the rising popularity of Korean cuisine on a global scale. The proliferation of Korean pop culture, including K-pop music, dramas, and movies, has significantly influenced food preferences worldwide. As a result, consumers are more willing to experiment with Korean flavors, with bulgogi standing out as a familiar and approachable dish. The convenience offered by frozen meals, which allow for easy preparation without sacrificing taste or authenticity, further drives the marketÂ’s expansion. Manufacturers are responding with a variety of product offerings that cater to diverse taste preferences and dietary needs, including beef, chicken, and pork bulgogi, as well as vegetarian alternatives.
Another significant growth driver is the ongoing trend towards urbanization and busier lifestyles, which has led to a surge in demand for ready-to-eat and easy-to-prepare meal solutions. Frozen bulgogi meals fit seamlessly into this trend, offering quick meal options that do not compromise on flavor or nutritional value. The expansion of modern retail channels, such as supermarkets, hypermarkets, and online platforms, has also played a pivotal role in making these products more accessible to a broader consumer base. Additionally, advancements in freezing and packaging technologies have improved product quality and shelf life, further boosting consumer confidence in frozen meal options.
Health and wellness trends are also shaping the frozen bulgogi meals market. Consumers are increasingly seeking healthier frozen food options, prompting manufacturers to innovate with cleaner labels, reduced sodium content, and the inclusion of organic or natural ingredients. The integration of transparent labeling and the use of premium cuts of meat have enhanced the perceived value of frozen bulgogi meals. Furthermore, the growing presence of health-conscious consumers in emerging markets is opening up new avenues for market penetration, as these consumers seek out nutritious yet convenient meal solutions.
Regionally, the market outlook is particularly favorable in Asia Pacific, which remains the largest and fastest-growing region due to the strong cultural roots of bulgogi and the rapid urbanization across countries like South Korea, China, and Japan. North America and Europe are also witnessing substantial growth, fueled by the increasing popularity of Korean cuisine and the expansion of ethnic food aisles in mainstream supermarkets. Meanwhile, the Middle East & Africa and Latin America are emerging as promising markets, driven by growing expatriate populations and rising consumer interest in international cuisines. This regional diversification is expected to further accelerate the global frozen bulgogi meals market in the coming years.
In addition to bulgogi, another Korean dish gaining traction in the frozen meals market is Frozen Bibimbap. This traditional mixed rice dish, known for its vibrant colors and diverse ingredients, offers a unique culinary experience that appeals to health-conscious consumers. The convenience of having bibimbap in a frozen format allows consumers to enjoy this complex dish without the need for extensive preparation. Manufacturers are capitalizing on this trend by offering various versions of frozen bibimbap, including vegetarian and vegan options, to cater to a wide range of dietary preferences. The inclusion of fresh vegetables, seasoned meats, and flavorful sauces ensures that the authenticity and nutritional value of the dish are preserved, making it a popular choice among those seeking a quick yet wholesome meal.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2023 |
REGIONS COVERED | North America, Europe, APAC, South America, MEA |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2024 | 38.1(USD Billion) |
MARKET SIZE 2025 | 39.7(USD Billion) |
MARKET SIZE 2035 | 60.0(USD Billion) |
SEGMENTS COVERED | Product Type, Distribution Channel, Consumer Type, Packaging Type, Regional |
COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
KEY MARKET DYNAMICS | Convenience and time-saving, Rising demand for ready meals, Growing health consciousness, Expansion of retail channels, Increasing preference for gourmet options |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Pinnacle Foods, Uncle Bens, Schwan's Company, Frozen Food Foundation, Birds Eye, Ajinomoto, Amy's Kitchen, Eurochef, Nissin Foods, McCain Foods, Nestle, Kraft Heinz, Tyson Foods, General Mills, Conagra Brands |
MARKET FORECAST PERIOD | 2025 - 2035 |
KEY MARKET OPPORTUNITIES | Rising demand for convenience meals, Expansion of online grocery sales, Growing health-conscious consumer base, Increasing variety of vegan options, Innovative packaging solutions for freshness |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.2% (2025 - 2035) |
The frozen meat substitute market value in South Korea was forecast to amount to around **** billion South Korean in 2022. It was estimated to keep increasing and to reach around ** billion won by 2025.
Frozen Food Cold Chains Market Size 2024-2028
The frozen food cold chains market size is forecast to increase by USD 334.5 billion, at a CAGR of 21.49% between 2023 and 2028.
The market is experiencing significant growth due to the increasing demand for convenience food. Consumers' busy lifestyles and the need for quick meal solutions have led to a surge in the popularity of frozen food. Additionally, the rapid penetration of e-commerce platforms is boosting market growth as consumers opt for online shopping and home delivery options. However, the market faces challenges as health concerns surrounding the consumption of frozen food continue to rise. The perception that frozen food is unhealthy due to its high sodium and preservative content poses a significant obstacle for market players. Companies must address these concerns by offering healthier alternatives and transparent labeling to maintain consumer trust and loyalty.
Effective supply chain management and temperature control are also crucial for market success, as maintaining the quality and freshness of frozen food is essential to meet consumer expectations. Companies that can navigate these challenges and offer innovative solutions will capitalize on the market's potential for growth.
What will be the Size of the Frozen Food Cold Chains Market during the forecast period?
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The frozen food cold chain market continues to evolve, driven by the need for efficient and effective food preservation and distribution. Refrigerated transportation plays a crucial role in maintaining cold chain integrity, ensuring food safety regulations are met. Selection of appropriate packaging materials is essential for energy consumption reduction and food spoilage prevention. Freezer temperature control is a critical factor in preserving the quality of frozen food products. Energy efficiency audits and the implementation of rapid freezing technology help minimize energy consumption. Automated storage retrieval systems and waste reduction strategies optimize inventory management and reduce operational costs. Real-time tracking solutions and predictive maintenance enable proactive monitoring and addressing of potential issues.
Cold storage warehousing and warehouse automation streamline operations and enhance productivity. Frozen food handling practices, such as blast chilling systems and refrigerant management, further ensure product quality. Distribution network optimization and temperature monitoring systems facilitate seamless transportation and delivery. Compliance certifications and temperature data loggers provide transparency and accountability throughout the supply chain. The ongoing dynamism of the market necessitates continuous innovation and adaptation to meet evolving consumer demands and regulatory requirements.
How is this Frozen Food Cold Chains Industry segmented?
The frozen food cold chains industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Refrigerated warehouse
Refrigerated transportation
Product
Frozen meat fish and seafood
Frozen fruits and vegetables
Frozen ready meals
Others
Technology
Blast Freezing
Individual Quick Freezing (IQF)
Cryogenic Freezing
End-User
Food Manufacturers
Retail
Foodservice
Logistics Providers
Geography
North America
US
Canada
Mexico
Europe
France
Germany
UK
Middle East and Africa
UAE
APAC
China
India
Indonesia
Japan
Malaysia
South Korea
Thailand
South America
Brazil
Rest of World (ROW)
By Type Insights
The refrigerated warehouse segment is estimated to witness significant growth during the forecast period.
In the evolving food industry landscape, refrigerated warehouses and cold chains have become essential components to ensure the integrity and quality of temperature-sensitive products, including frozen food. With the surge in international trade of perishable goods, there is a growing demand for advanced cold storage solutions that maintain cold chain integrity and adhere to stringent food safety regulations. These facilities employ various technologies and practices to enhance their offerings. For instance, HACCP implementation and real-time temperature monitoring systems ensure food safety and quality control. Inventory management software and automated storage retrieval systems optimize warehouse operations and reduce waste. Energy efficiency audits and rapid freezing technology minimize energy consumption and prevent food spoilage.
Last-mile delivery and predi
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2023 |
REGIONS COVERED | North America, Europe, APAC, South America, MEA |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2024 | 93.2(USD Billion) |
MARKET SIZE 2025 | 96.1(USD Billion) |
MARKET SIZE 2035 | 130.0(USD Billion) |
SEGMENTS COVERED | Product Type, Ingredients, Packaging Type, Distribution Channel, End User, Regional |
COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
KEY MARKET DYNAMICS | rising consumer convenience demand, increasing health consciousness, growing online food delivery, expanding product variety, price sensitivity among consumers |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Pinnacle Foods, B&G Foods, Nomad Foods, Schwan's Company, Ajinomoto, Flowers Foods, McCain Foods, Nestle, Kraft Heinz, Unilever, Tyson Foods, Cloverdale Foods, Maple Leaf Foods, General Mills, Conagra Brands, Dr. Oetker |
MARKET FORECAST PERIOD | 2025 - 2035 |
KEY MARKET OPPORTUNITIES | Health-conscious frozen meals, Plant-based frozen options, Convenience-driven packaging solutions, Online grocery sales growth, Expanding global distribution channels |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.1% (2025 - 2035) |
The overall market size of meal kits in South Korea stood at approximately *** million U.S. dollars. It had grown to over 10 times its size in 2018. Meal kits provide consumers all the ingredients they need for cooking a meal, saving them the time needed for planning and preparing a fresh meal by themselves. Growing interest in meal kits Most South Korean adults were well aware of meal kits. Among women, the awareness was even higher. In 2021, the share of people who had bought such products had also increased dramatically to over 80 percent. Compared to two years earlier, that was an increase of over ** percent in buyers. What type of meals are commonly prepared using meal kits? According to a survey in 2023, the popular cuisine to use meal kits for was the domestic Korean cuisine. Accordingly, it is not surprising that those dishes made up most of the meal kits available in the market, far exceeding other options. South Korean consumers preferred meal kit dishes the most, that included some kind of meat, followed by seafood. The importance placed on vegetables was very little in comparison.
The frozen food packaging market share in APAC is expected to increase by USD 3.13 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.00%.
This frozen food packaging market in APAC research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers frozen food packaging market in APAC segmentation by product (ready to eat products, meat poultry and seafood, fruits and vegetables, frozen desserts, and others) and geography (China, Japan, India, South Korea (Republic of Korea), and Rest of APAC). The frozen food packaging market in APAC report also offers information on several market vendors, including Amcor Plc, Ball Corp., EasyPak LLC, Genpak LLC, Graham Packaging Co., Pactiv LLC, Placon Corp., Sonoco Products Co., Tetra Pak Group, and The West Rock group among others.
What will the Frozen Food Packaging Market Size in APAC be During the Forecast Period?
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Frozen Food Packaging Market in APAC: Key Drivers, Trends, and Challenges
The rising global fresh meat consumption is notably driving the frozen food packaging market growth in APAC, although factors such as stringent regulations for sustainable packaging may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the frozen food packaging industry in APAC. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Frozen Food Packaging Market Driver in APAC
The rising global fresh meat consumption is one of the key drivers supporting the frozen food packaging market growth in APAC. Fresh meat accounts for the highest share of the total demand for meat products. APAC and Europe are projected to witness positive growth. The substitution of red meat with leaner meat in North America and Western Europe has increased the consumption rate of pork and poultry. Compared with all other types of meats, poultry is expected to witness a higher consumption rate. Growth in the global consumption of meat proteins is projected to increase by 14% by 2030 compared to the base period average of 2018-2020, driven largely by income and population growth. Rising health consciousness is a major reason that will increase poultry consumption across the world. Such concerns will drive the market growth during the forecast period.
Key Frozen Food Packaging Market Trend in APAC
The growing use of biodegradable packaging techniques is one of the key trends contributing to the frozen food packaging market growth in APAC. For instance, Amcor’s subsidiary, Bemis, has introduced an environment-sustainable packaging named Bemis EZ Peel for meat packaging. This product reduces the packaging material by 43% and provides an 83% reduction in freight volume and fuel consumption during transportation. Similarly, Clondalkin Group Holdings BV (Clondalkin Group), a Europe-based vendor that supplies packaging films across the world, has a separate product segment for biodegradable films. It offers biodegradable and compostable packaging films for various food and frozen food packaging applications, such as meat, fruits, vegetable, and poultry packaging. Such techniques are driving the market growth.
Key Frozen Food Packaging Market Challenge in APAC
Stringent regulations for sustainable packaging is one of the factors hampering the frozen food packaging market growth in APAC. Most of the frozen food packaging materials, in both flexible and rigid plastic packaging, are non-degradable. The disposal of such packaging materials leads to landfill creation. The huge labor and equipment costs, along with the stringent government regulations regarding landfill reduction, force frozen food packaging manufacturers to adopt alternatives such as investing in edible packaging. For instance, as per the National Environmental Policy Act in the US, all packaging materials used for food packaging have to be approved by Environmental Assessment with a certificate of Finding No Significant Impact, followed by the clearance from the FDA. These processes of certification check the environmental impact of each food packaging material during use and after disposal. Such imposed regulations will negatively impact the market growth during the forecast period.
This frozen food packaging market in APAC analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Mar
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The APAC frozen food packaging market is experiencing robust growth, driven by rising disposable incomes, increasing urbanization, and a surge in demand for convenient and readily available frozen food products. The market's expansion is fueled by a shift towards healthier eating habits and the growing popularity of ready-to-eat meals, particularly among young professionals and busy families. Technological advancements in packaging materials, focusing on enhanced preservation, extended shelf life, and sustainable options, are further contributing to market expansion. While challenges remain, such as fluctuating raw material prices and stringent regulatory compliance requirements, the overall outlook for the APAC frozen food packaging market remains positive. With a CAGR of 5.34% from 2019 to 2024, and estimating a 2025 market size of $15 billion based on a plausible extrapolation of growth trends, the market is poised for continued expansion throughout the forecast period (2025-2033). The substantial growth reflects a significant increase in frozen food consumption across the region, specifically in countries like China, India, and South Korea, which are experiencing rapid economic development and changing consumer preferences. Key players in the market, including WestRock Company, Tetra Pak International, and Amcor Ltd., are constantly innovating and investing in advanced packaging solutions to cater to the evolving needs of the frozen food industry. The segmentation of the APAC frozen food packaging market reveals diverse opportunities. Material types, such as paperboard, plastic, and metal, cater to varied needs for cost-effectiveness, barrier properties, and sustainability. Product types, including pouches, trays, and cartons, provide flexibility to suit different frozen food applications. Furthermore, regional variations in demand and packaging preferences present avenues for targeted growth strategies. Understanding these trends is vital for stakeholders to successfully navigate the complexities of this dynamic market. The continuous introduction of innovative packaging materials and designs, coupled with an expanding frozen food sector, is likely to drive further expansion in the coming years. Key drivers for this market are: Increasing Demand for Convenience by Consumers, Increase in Disposable Income and Changing Consumer Behaviour. Potential restraints include: Government Regulations and Interventions. Notable trends are: Increase in Disposable Income and Changing Consumer Behaviour.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2023 |
REGIONS COVERED | North America, Europe, APAC, South America, MEA |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2024 | 29.9(USD Billion) |
MARKET SIZE 2025 | 30.8(USD Billion) |
MARKET SIZE 2035 | 41.2(USD Billion) |
SEGMENTS COVERED | Product Type, Distribution Channel, End Use, Regional |
COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
KEY MARKET DYNAMICS | increasing demand for convenience food, rise in working populations, growth of foodservice industry, advancements in freezing technologies, rising health consciousness among consumers |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Pinnacle Foods, Nomad Foods, Crown Bakeries, Ajinomoto, Greencore, McCain Foods, Frosta, Nestle, Kraft Heinz, Unilever, Tyson Foods, Cargill, Lantmannen Unibake, Bakkavor, General Mills, Conagra Brands, Dr. Oetker |
MARKET FORECAST PERIOD | 2025 - 2035 |
KEY MARKET OPPORTUNITIES | Rising demand for convenience foods, Expanding vegetarian and vegan options, Increasing online grocery shopping, Innovation in packaging solutions, Growth in foodservice sector partnerships |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.0% (2025 - 2035) |
The market size of frozen meal kits in South Korea was valued around *** million U.S. dollars in 2016. Meal kits provide the consumers all the ingredients they need for cooking a meal, saving them the time needed for planning and preparing a fresh meal.
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The global frozen lotus root slices market is experiencing robust growth, driven by increasing consumer demand for convenient, ready-to-use vegetables and the rising popularity of Asian cuisine worldwide. The market's expansion is fueled by several key factors, including the health benefits associated with lotus root – its high fiber content, low calorie count, and rich vitamin and mineral profile. The convenience offered by pre-sliced and frozen lotus root is particularly appealing to busy consumers and food service businesses, reducing preparation time and minimizing waste. Furthermore, innovative product development, such as value-added frozen lotus root slices with unique flavors or seasonings, is further stimulating market growth. Key players like Haitong Food Group, Cixi Yongjin Frozen Food, and others are strategically investing in expanding their production capacity and distribution networks to meet the escalating demand. While potential restraints include fluctuations in raw material prices and seasonality of lotus root production, the overall market outlook remains positive, projecting sustained growth in the coming years. The market is segmented by various factors, including product type (e.g., plain, seasoned), packaging size, and distribution channel (e.g., retail, food service). Regional variations in consumption patterns and purchasing power influence market performance. While precise regional market share data is unavailable, it is reasonable to assume a higher concentration in Asian markets (China, Japan, South Korea) due to the traditional use of lotus root in their cuisines, with gradual expansion into North America and Europe driven by rising Asian-inspired food consumption and increased availability in supermarkets and specialty stores. Assuming a moderate CAGR of 5% (a reasonable estimate considering similar frozen vegetable markets), and a 2025 market size of $200 million, the market is projected to reach approximately $265 million by 2033. This projection considers factors like population growth, changing dietary habits, and increasing disposable incomes in key regions.
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The frozen food packaging market is estimated to be valued at US$ 900 million in 2023 and is rising to US$ 2.0 billion by 2033. Sales of frozen food packaging are likely to grow at a CAGR of 8.3% during the forecast period
How are Manufacturers Improving the Market Opportunities with Innovations?
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 8.3% |
Market Valuation (2023) | US$ 900 million |
Market Valuation (2033) | US$ 2.0 billion |
Top Two Segment in the Market
Segments | Material Type |
---|---|
Top Category | Plastic |
Historic CAGR | 12% |
Forecast CAGR | 7.8% |
Segments | Packaging Type |
---|---|
Top Category | Rigid |
Historic CAGR | 11% |
Forecast CAGR | 7.4% |
Top Countries Data Table Mentioned Below
Country | United States |
---|---|
CAGR (2017 to 2022) | 11.8% |
CAGR (2023 to 2023) | 8.1% |
Valuation (2023 to 2033) | US$ 708.6 million |
Country | United Kingdom |
---|---|
CAGR (2017 to 2022) | 10.8% |
CAGR (2023 to 2023) | 7.4% |
Valuation (2023 to 2033) | US$ 84.2 million |
Country | China |
---|---|
CAGR (2017 to 2022) | 11.4% |
CAGR (2023 to 2023) | 7.7% |
Valuation (2023 to 2033) | US$ 143.5 million |
Country | Japan |
---|---|
CAGR (2017 to 2022) | 10.3% |
CAGR (2023 to 2023) | 6.8% |
Valuation (2023 to 2033) | US$ 117.3 million |
Country | South Korea |
---|---|
CAGR (2017 to 2022) | 8.9% |
CAGR (2023 to 2023) | 6.1% |
Valuation (2023 to 2033) | US$ 69 million |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | US$ billion for Value |
Key Segments Covered |
|
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
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The South Korea Frozen Food market reached a value of about USD 2.07 Billion in 2024. The industry is further expected to grow at a CAGR of about 6.70% in the forecast period of 2025-2034 to reach a value of around USD 3.96 Billion by 2034.