The U.S. frozen food market size was USD 51.97 billion in 2015. There has been a steady rise in income in the U.S. thus causing a change in lifestyle. This change in lifestyle is facilitating the U.S. frozen food market growth.
U.S. Frozen Food Market Size, Share, Growth, Trends and Industry Research Report, 2024
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U.S. Frozen Food Market Size, Share, Growth, Trends, Regional
Outlook and Forecast, 2024
The U.S. frozen food market is expected to reach USD 72.98 billion by 2024, according to a new report by Grand View
Research, Inc. Greater economic participation from all segments of the U.S. society has resulted in hectic work
schedules thus causing a change in lifestyles. Frozen food provides convenience thus catering to this shifting trend.
Frozen foods are easy to carry, cook and consume. They do not require much preparation before consumption. They
come in pre-portioned and pre-measured quantities which reduce waste. Thus, they limit the time needed for
cooking and this trend is expected to benefit the U.S. market over the forecast period.
Fruits & vegetables are frozen at the time of their ripeness. Advancements in freezing technology have enabled to
lock in all the nutrients in the products. Furthermore, competitive pricing has allowed frozen foods to be available in
comparatively fewer prices. All these inherent benefits are expected to drive the overall market over the next eight
years.
Government regulations coupled with health concerns are expected to restrain the market growth. To overcome this
restraint, companies impose strict quality checks on their raw material sourcing processes. Also, companies have
reduced the content of harmful substances such as trans fats in frozen food.
“U.S. frozen food market size was USD 51.97 billion in 2015 and is expected to reach USD
72.98 billion by 2024”
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There have been recent advancements such as the creation of new formulations that remove allergens like dairy,
soy, and wheat, the introduction of a wide range of ethnic, and ingredients to suit changing palates and innovations
in packaging are expected to impact the overall industry growth positively.
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Further key findings from the study suggest:
• Frozen potatoes are presumed to be the fastest growing product segment growing at a CAGR of 4.9% over
the forecast period. Advantages such as less waste, low price and ease of usage are expected to drive the
market growth
• Frozen fruits & vegetable segment is presumed to grow at a CAGR of 4.5% from 2016 to 2024. High nutritional
value, all season availability and competitive pricing are the attributed factors for this growth
• Frozen ready meals accounted for more than 35% in 2015 and are expected to occupy a major share over the
forecast period. Availability of staple ready meals, product differentiation and ease of usage are the factors
expected to drive this growth
• The industry is fragmented in nature with the presence of both regional and international market
participants. Companies are focusing on manufacturing process optimization to reduce wastage. Innovation
is a key market characteristic
• McCain, Inn Foods, ConAgra Foods, Pinnacle Foods Groups, General Mills Inc., Bellisio Foods, Jeanie Marshall
Foods Inc., and Goya Foods are some of the major market participants.
Grand View Research has segmented the U.S. frozen food market on the basis of product:
U.S. Frozen Food Market Product Outlook (Revenue, USD Million, 2014 - 2024)
• Frozen fruits & vegetables
• Frozen potatoes
• Frozen ready meals
• Frozen meat
• Frozen fish/seafood
• Frozen soup
• Others
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Table of Content of U.S. Frozen Food Market Research Report
Chapter 1 Methodology And Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
1.4 List of Abbreviations
Chapter 2 Executive Summary
Chapter 3 Market Summary
Chapter 4 U.S. Frozen Food Industry Outlook
4.1 U.S. frozen food market segmentation
4.2 U.S. frozen food market size and growth prospects, 2014 - 2024
4.3 U.S. frozen food market value chain analysis
4.4 List of products categorized by Latin foods and ethnic frozen food
4.5 List of local and imported products in frozen food market
4.6 U.S. frozen food market dynamics
4.6.1 Market Driver Analysis
4.6.1.1 Changing lifestyles
4.6.1.2 Availability of staple food in frozen packets
4.6.2 Market Restraint analysis
4.6.2.1 Health Concerns
4.7 Key market opportunities - Prioritized
4.8 U.S. frozen food market Porter’s analysis
4.8.1 Supplier Power
4.8.2 Threat of New Entrants
4.8.3 Industry Rivalry
4.8.4 Threat of Substitute
4.8.5 Buyer Power
4.9 U.S. frozen food market- PESTEL analysis
Chapter 5. Consumer Behavior Analysis
5.1. Consumer Trends & Preferences
5.2. Factors Affecting Buying Decision
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5.3. Consumer Product Adoption
5.4. Observations & Recommendations
Chapter 6 U.S. Frozen Food Product Outlook
6.1 Product Movement Analysis & Market Share, 2015 & 2024
6.2 Frozen fruits and vegetables
6.2.1 U.S. frozen fruits and vegetables market estimates and forecasts, 2014 - 2024
6.2.2 Frozen edamame
6.2.2.1 U.S. frozen edamame market estimates and forecasts, 2014 - 2024
6.3 Frozen potatoes
6.3.1 U.S. frozen potatoes market estimates and forecasts, 2014 - 2024
6.4 Frozen ready meals
6.4.1 U.S. frozen ready meals market estimates and forecasts, 2014 - 2024
6.5 Frozen meat
6.5.1 U.S. frozen meat market estimates and forecasts, 2014 - 2024
6.6 Frozen fish/seafood
6.6.1 U.S. frozen fish/seafood market estimates and forecasts, 2014 - 2024
6.7 Frozen soup
6.7.1 U.S. frozen soup market estimates and forecasts, 2014 - 2024
6.8 Others
6.8.1 U.S. other frozen products market estimates and forecasts, 2014 - 2024
Chapter 7 Competitive Intelligence
7.1 Company market share
7.1.1 Heat map analysis
7.2 Vendor landscape
7.3 Competitive Environment
7.4 Strategy Framework
Chapter 8 Competitive Landscape
8.1 Bellisio Foods, Inc.
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Industries and Services Catered
8.1.4 Product Benchmarking
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8.1.5 Strategic Initiatives
8.1.6 Certification
8.2 Wawona Frozen Foods
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Industries and Services Catered
8.2.4 Product Benchmarking
8.2.5 Strategic Initiatives
8.2.6 Certifications
8.3 Jeanie Marshall Foods
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Industries and Services Catered
8.3.4 Product Benchmarking
8.3.5 Certification
8.4 Inn Foods
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Industries and Services Catered
8.4.4 Product Benchmarking
8.4.5 Certification
8.5 ConAgra Foods, Inc.
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Industries and Services Catered
8.5.4 Product Benchmarking
8.5.5 Strategic Initiatives
8.5.6 Certification
8.6 McCain Foods
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Industries and Services Catered
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8.6.4 Product Benchmarking
8.6.5 Strategic Initiatives
8.6.6 Certification
8.7 General Mills, Inc.
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Industries and Services Catered
8.7.4 Product Benchmarking
8.7.5 Strategic Initiatives
8.8 Pinnacle Foods, Inc.
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Industries and Services Catered
8.8.4 Product Benchmarking
8.8.5 Strategic Initiatives
8.8.6 Certification
8.9 Rich Products Corporation
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Industries and Services Catered
8.9.4 Product Benchmarking
8.9.5 Strategic Initiatives
8.9.6 Certification
8.10 Imperial Frozen Foods
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Industries and Services Catered
8.10.4 Product Benchmarking
8.10.5 Strategic Initiatives
8.10.6 Certification
8.11 Smart Price Sales
8.11.1 Company Overview
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8.11.2 Financial Performance
8.11.3 Industries and Services Catered
8.11.4 Product Benchmarking
8.11.5 Certification
8.12 L&J General Information Corporation
8.12.1 Company Overview
8.12.2 Financial Performance
8.12.3 Industries and Services Catered
8.12.4 Product Benchmarking
8.13 Quirch Foods Company
8.13.1 Company Overview
8.13.2 Financial Performance
8.13.3 Industries and Services Catered
8.13.4 Product Benchmarking
8.13.5 Strategic Initiatives
8.13.6 Certification
8.14 Dole
8.14.1 Company Overview
8.14.2 Financial Performance
8.14.3 Industries and Services Catered
8.14.4 Product Benchmarking
8.15 Goya Foods
8.15.1 Company Overview
8.15.2 Financial Performance
8.15.3 Industries and Services Catered
8.15.4 Product Benchmarking
8.16 Grace Kennedy Foods (USA) LLC
8.16.1 Company Overview
8.16.2 Financial Performance
8.16.3 Industries and Services Catered
8.16.4 Product Benchmarking
8.17 American Freeze Dry
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8.17.1 Company Overview
8.17.2 Financial Performance
8.17.3 Industries and Services Catered
8.17.4 Product Benchmarking
8.18 Pete’s Fresh Market
8.18.1 Company Overview
8.18.2 Financial Performance
8.18.3 Industries and Services Catered
8.18.4 Product Benchmarking
8.19 Nestle
8.19.1 Company Overview
8.19.2 Financial Performance
8.19.3 Industries and Services Catered
8.19.4 Product Benchmarking
8.19.5 Strategic Initiatives
8.19.6 Certification
8.20 The Schwan Food Company
8.20.1 Company Overview
8.20.2 Financial Performance
8.20.3 Industries and Services Catered
8.20.4 Product Benchmarking
8.20.5 Strategic Initiatives
8.20.6 Certification
8.21 Heinz
8.21.1 Company Overview
8.21.2 Financial Performance
8.21.3 Industries and Services Catered
8.21.4 Product Benchmarking
8.21.5 Strategic Initiatives
8.21.6 Certification
Chapter 9 Chocobanana-Manufacturers
9.1 Josef Manner & Comp. AG
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9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Industries and Services Catered
9.1.4 Product Benchmarking
9.1.5 Certification
9.2 Kraft Foods
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Industries and Services Catered
9.2.4 Product Benchmarking
9.2.5 Strategic Initiatives
9.2.6 Certification
9.3 NECCO
9.3.1 Company Overview
9.3.2 Financial Performance
9.3.3 Industries and Services Catered
9.3.4 Product Benchmarking
9.3.5 Strategic Initiatives
9.3.6 Certification
9.4 Diana’s Bananas
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Industries and Services Catered
9.4.4 Product Benchmarking
9.5 GKI Foods LLC
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Industries and Services Catered
9.5.4 Product Benchmarking
9.5.5 Certification
9.6 Chiquita Bananas
9.6.1 Company Overview
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9.6.2 Financial Performance
9.6.3 Industries and Services Catered
9.6.4 Product Benchmarking
9.7 Moo Free
9.7.1 Company Overview
9.7.2 Financial Performance
9.7.3 Industries and Services Catered
9.7.4 Product Benchmarking
9.8 Trader Joe’s
9.8.1 Company Overview
9.8.2 Financial Performance
9.8.3 Industries and Services Catered
9.8.4 Product Benchmarking
9.9 Totally Bananas
9.9.1 Company Overview
9.9.2 Financial Performance
9.9.3 Industries and Services Catered
9.9.4 Product Benchmarking
9.9.5 Certification
9.10 Blue Marble Brands
9.10.1 Company Overview
9.10.2 Financial Performance
9.10.3 Industries and Services Catered
9.10.4 Product Benchmarking
9.10.5 Certifications
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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