India Frozen Foods Market in India 2021-2026


Posted January 4, 2022 by prachitisharma98

Bharat Book Bureau Provides the Trending Market Research Report on “India Frozen Foods  Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026” under Food & Beverage  Market Research Reports Category.
 
Bharat Book Bureau Provides the Trending Market Research Report on “India Frozen Foods  Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026” under Food & Beverage  Market Research Reports Category. Our report offers a collection of superior market research, market analysis, competitive intelligence and Market report.

The Frozen Food Market , which comprises chilled fruits and vegetables, snacks, meat, poultry and seafood, and ready-to-cook meals, has grown significantly in recent years. Rapid rise in the number of modern retail and online grocery stores, and proper refrigeration facilities are the primary reasons for this development. Improved shelf-life and packaging of frozen foods has further propelled growth. Some of the key players that operate in this market are Apex Frozen Foods Ltd., Godrej Agrovet Ltd., ITC Ltd., and Venky's (India) Ltd.



Market  insights:
The market is expected to reach INR 278.68 Bn by 2026, expanding at a CAGR of ~17.88% during the 2021 – 2026 period. Increase in the number of millennial and gen-Z consumers opting for convenience food, improved awareness, and acceptance of frozen food are some of the major factors that propelled market growth. In the wake of the pandemic, the e-commerce business has expanded, resulting in high demand for frozen food items. Development of the cold chain infrastructure and constant support from the government are further driving the market. However, inadequate cold storage and poor supply infrastructure hinder its expansion.

Segment insights:
Based on sales channel, the market is segmented into retailers, food service providers, and export. In terms of revenue, the export segment dominated the market, accounting for 44.62% of the overall revenue in 2020. The food service business was severely impacted due to COVID-19 in 2020, and the second and third quarter of 2021. Retailers is the fastest-growing segment because the demand for packaged French fries, burgers, and chicken snacks has picked up amid the pandemic.

COVID-19 impact analysis:
The COVID-19 pandemic has positively impacted the frozen food market. However, growth was interrupted during the second wave (April 2021 – May 2021). Nonetheless, steady recovery of retailers and food service providers is expected to drive the market during the forecast period. Consumers' perception toward the processed frozen food products changed positively as these items ensured better sanitization than the foods available from street-side vendors. During the pandemic, various food and grocery delivery start-ups such as Licious, iD Fresh Foods, and Grofers reported an increase in the sale of ready-to-eat and frozen food items.

Table of Contents

Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
Chapter 4: Market overview
4.1. Frozen food market in India – An overview
4.1.1. Frozen food market in India – Size and growth forecast
Chapter 5: Market segmentation
5.1. Frozen food market in India – Segmentation
5.1.1. India frozen foods market share based on sales channel (2021 and 2026e)
Chapter 6: Porter’s Five Forces analysis
6.1. Porter’s five forces analysis
Chapter 7: Impact of COVID-19
7.1 Launch of frozen food brands during the pandemic
7.2. Impact on stakeholders
7.2.1. Consumers
7.2.2. Frozen food manufacturers
7.2.3. Government
7.3. Changes ahead

Browse our full report with Table of Content : https://www.bharatbook.com/report/1108762/frozen-foods-market-in-india

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Tags food beverage market research report , india frozen foods market analysis , india frozen foods market application
Last Updated January 4, 2022