Europe Frozen Food Market Key Players, Trends, Industry Size & Forecast 2030

The Europe Frozen Food Market size was valued at USD 58.12 Billion in 2022 and the total Europe Frozen Food Market revenue is expected to grow at a CAGR of 5.2%% from 2023 to 2029, reaching nearly USD 87.19 Billion. The market is primarily driven by hectic lifestyles and an increasing desire for healthy food and a lifestyle that is affordable, easy to make and testy cook. Frozen fruits and vegetables are a cost-effective choice that can be used in numerous ways. Europe has the largest demand worldwide for the frozen Food market, with a value of 38% of the market in 2021, followed by North America. 2.8 million Tonnes of frozen food was traded into Europe in 2021 for a value of €3 billion. During the past five years, the volume of frozen food introduced by Europe, decreased by 0.6% while import costs increased by 1.7%. 91% is the total internal Europe import. While just 9% of import comes from developing countries. Germany held the largest market share with 20% in European imports while France and Belgium held 18% and 14% market share in 2022.