Market Forecast By Product Types (Frozen Ready Meals (including noodles, curries, rice items, and pizzas), Frozen Meat and Poultry, Frozen Fish and Seafood, Frozen Fruits and Vegetables, Frozen Snack Products (including nuggets, kebabs, cutlets, and croquettes), Frozen Confectionery and Bakery Items (including frozen pies, bread, and pastries), Others (including frozen soups, condiments, juices, and sauces)), By End Users (Retail Customers, Food Service Industry), By Distribution Channels (Online, Offline), By Freezing Technique (Individual Quick Freezing, Blast Freezing, Deep Freezing, Others (including cryogenic freezing and belt freezing)), By Countries (China, Japan, Australia, India, Indonesia, Rest of Asia Pacific) and competitive landscape
Product Code: ETC002726 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 50 | No. of Tables: 40 |
Asia Pacific Frozen Food Market report thoroughly covers the market by product types, end-users, distribution channels, freezing techniques, and key countries including China, Japan, Australia, Indonesia, and the Rest of Asia Pacific. The Asia Pacific Frozen Food market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Frozen Food market trends, market share, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Frozen Food Market Synopsis
Asia Pacific Frozen Food Market is expected to register significant growth in the forecast period (2020-2026). Increasing employment and a rising number of women entering the workforce in the region is also expected to augment the demand for frozen food products in the region in the years to come. Further, the consumer apprehensions regarding the coronavirus outbreak in 2020 may lead people to increase their demand for frozen food to reserve to endure the health crisis by avoiding public interactions. However, the economic slowdown and dampening of production capacity resulting from the health emergency is expected to obstruct market growth in the first half of 2020 and would recover once the crisis is effectively dealt with. However, due to the spread of pandemic COVID-19, the market is estimated to witness a decline in revenues in the year 2020, as a result of the halt in the on-going projects and no new projects being announced in the first half of the year.
According to 6Wresearch, Asia Pacific Frozen Food Market size is projected to grow at CAGR of 6.2% during 2020-2026. With healthy options being made available in the frozen food market, consumer sentiment regarding frozen food is expected to improve further during the forecast period. The demand for frozen food in a single person and nuclear households is driven by the consumer preference for convenient, reasonable, and small portions of meals, and the increase in the proportion of such households is likely to propel the market for frozen food in the region over the coming years. Unforeseen events such as the coronavirus outbreak are expected to boost the demand for frozen food in the short run as people are expected to stockpile necessities including food to endure the crisis. However, disruptions in the supply chain in countries in the Asia Pacific region are expected to dampen the production of frozen food products in the first half of 2020.
Market Analysis by Types
Based on product types, the ready meals segment has recorded significant growth in the overall market revenues in 2019 and in demand too due to the changing consumers’ lifestyle and an increasing number of working women in the region and is anticipated to grow further during the forecast period. Based on end-users, the retail customers are the leading contributors to the frozen food market and are expected to sustain their position over the next few years.
Market Analysis by Countries
Japan and China currently hold the largest market size in the region in revenue in 2019 terms on account of their well-established and expanding cold chains. On the other hand, the Indian frozen food market is projected to grow at the highest rate during the forecast period in the Asia Pacific region owing to its increasing working-age population and the booming FMCG sector in the region. Additionally, government initiatives of developing countries to bridge the gap between food demand and supply, such as subsidies offered on particular products would boost the market for frozen food in the region over the coming years.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Methodology Adopted and Key Data Points |
2.5. Assumptions |
3. Asia Pacific Frozen Food Market Overview |
3.1. Asia Pacific Frozen Food Market Revenues, 2016-2026F |
3.2. Asia Pacific Frozen Food Market Revenue Share, By Countries, 2019 & 2026F |
3.3. Asia Pacific Frozen Food Market - Industry Life Cycle |
3.4. Asia Pacific Frozen Food Market - Porter’s Five Forces Model |
4. Asia Pacific Frozen Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Frozen Food Market Trends |
6. China Frozen Food Market Overview |
6.1. China Frozen Food Market Revenues, 2016-2026F |
6.2. China Frozen Food Market Revenue Share, By Product Types, 2019 & 2026F |
6.2.1. China Frozen Ready Meals Market Revenues, 2016-2026F |
6.2.2. China Frozen Meat and Poultry Market Revenues, 2016-2026F |
6.2.3. China Frozen Fish and Seafood Market Revenues, 2016-2026F |
6.2.4. China Frozen Fruits and Vegetables Market Revenues, 2016-2026F |
6.2.5. China Frozen Snack Products Market Revenues, 2016-2026F |
6.2.6. China Frozen Confectionery and Bakery Items Market Revenues, 2016-2026F |
6.2.7. China Other Frozen Products Market Revenues, 2016-2026F |
6.3. China Frozen Food Market Revenue Share, By End Users, 2019 & 2026F |
6.3.1. China Frozen Food Market Revenues, By Retail Customers, 2016-2026F |
6.3.2 China Frozen Food Market Revenues, By Food Service Industry, 2016-2026F |
6.4. China Frozen Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
6.4.1. China Online Frozen Food Market Revenues, 2016-2026F |
6.4.2 China Offline Frozen Food Market Revenues, 2016-2026F |
6.5. China Frozen Food Market Revenue Share, By Freezing Techniques, 2019 & 2026F |
6.5.1. China Frozen Food Market Revenues, By Individual Quick Freezing, 2016-2026F |
6.5.2. China Frozen Food Market Revenues, By Blast Freezing, 2016-2026F |
6.5.3. China Frozen Food Market Revenues, By Deep Freezing, 2016-2026F |
6.5.4. China Frozen Food Market Revenues, By Other Freezing Techniques, 2016-2026F |
6.6. China Frozen Food Market - Key Performance Indicators |
6.7. China Frozen Food Market Opportunity Assessment |
6.7.1. China Frozen Food Market Opportunity Assessment, By Product Types, 2026F |
6.7.2. China Frozen Food Market Opportunity Assessment, By Freezing Techniques, 2026F |
7. Japan Frozen Food Market Overview |
7.1. Japan Frozen Food Market Revenues, 2016-2026F |
7.2. Japan Frozen Food Market Revenue Share, By Product Types, 2019 & 2026F |
7.2.1. Japan Frozen Ready Meals Market Revenues, 2016-2026F |
7.2.2. Japan Frozen Meat and Poultry Market Revenues, 2016-2026F |
7.2.3. Japan Frozen Fish and Seafood Market Revenues, 2016-2026F |
7.2.4. Japan Frozen Fruits and Vegetables Market Revenues, 2016-2026F |
7.2.5. Japan Frozen Snack Products Market Revenues, 2016-2026F |
7.2.6. Japan Frozen Confectionery and Bakery Items Market Revenues, 2016-2026F |
7.2.7. Japan Other Frozen Products Market Revenues, 2016-2026F |
7.3. Japan Frozen Food Market Revenue Share, By End Users, 2019 & 2026F |
7.3.1. Japan Frozen Food Market Revenues, By Retail Customers, 2016-2026F |
7.3.2 Japan Frozen Food Market Revenues, By Food Service Industry, 2016-2026F |
7.4. Japan Frozen Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
7.4.1. Japan Online Frozen Food Market Revenues, 2016-2026F |
7.5. Japan Frozen Food Market Revenue Share, By Freezing Techniques, 2019 & 2026F |
7.5.1. Japan Frozen Food Market Revenues, By Individual Quick Freezing, 2016-2026F |
7.5.2 Japan Frozen Food Market Revenues, By Blast Freezing, 2016-2026F |
7.5.3. Japan Frozen Food Market Revenues, By Deep Freezing, 2016-2026F |
7.5.4. Japan Frozen Food Market Revenues, By Other Freezing Techniques, 2016-2026F |
7.6. Japan Frozen Food Market - Key Performance Indicators |
7.7. Japan Frozen Food Market Opportunity Assessment |
7.7.1. Japan Frozen Food Market Opportunity Assessment, By Product Types, 2026F |
7.7.2. Japan Frozen Food Market Opportunity Assessment, By Freezing Techniques, 2026F |
8. Australia Frozen Food Market Overview |
8.1. Australia Frozen Food Market Revenues, 2016-2026F |
8.2. Australia Frozen Food Market Revenue Share, By Product Types, 2019 & 2026F |
8.2.1. Australia Frozen Ready Meals Market Revenues, 2016-2026F |
8.2.2. Australia Frozen Meat and Poultry Market Revenues, 2016-2026F |
8.2.3. Australia Frozen Fish and Seafood Market Revenues, 2016-2026F |
8.2.4. Australia Frozen Fruits and Vegetables Market Revenues, 2016-2026F |
8.2.5. Australia Frozen Snack Products Market Revenues, 2016-2026F |
8.2.6. Australia Frozen Confectionery and Bakery Items Market Revenues, 2016-2026F |
8.2.7. Australia Other Frozen Products Market Revenues, 2016-2026F |
8.3. Australia Frozen Food Market Revenue Share, By End Users, 2019 & 2026F |
8.3.1. Australia Frozen Food Market Revenues, By Retail Customers, 2016-2026F |
8.3.2 Australia Frozen Food Market Revenues, By Food Service Industry, 2016-2026F |
8.4. Australia Frozen Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
8.4.1. Australia Online Frozen Food Market Revenues, 2016-2026F |
8.4.2 Australia Offline Frozen Food Market Revenues, 2016-2026F |
8.5. Australia Frozen Food Market Revenue Share, By Freezing Techniques, 2019 & 2026F |
8.5.1. Australia Frozen Food Market Revenues, By Individual Quick Freezing, 2016-2026F |
8.5.2. Australia Frozen Food Market Revenues, By Blast Freezing, 2016-2026F |
8.5.3. Australia Frozen Food Market Revenues, By Deep Freezing, 2016-2026F |
8.5.4. Australia Frozen Food Market Revenues, By Other Freezing Techniques, 2016-2026F |
8.6. Australia Frozen Food Market - Key Performance Indicators |
8.7. Australia Frozen Food Market Opportunity Assessment |
8.7.1. Australia Frozen Food Market Opportunity Assessment, By Product Types, 2026F |
8.7.2. Australia Frozen Food Market Opportunity Assessment, By Freezing Techniques, 2026F |
9. India Frozen Food Market Overview |
9.1. India Frozen Food Market Revenues, 2016-2026F |
9.2. India Frozen Food Market Revenue Share, By Product Types, 2019 & 2026F |
9.2.1. India Frozen Ready Meals Market Revenues, 2016-2026F |
9.2.2. India Frozen Meat and Poultry Market Revenues, 2016-2026F |
9.2.3. India Frozen Fish and Seafood Market Revenues, 2016-2026F |
9.2.4. India Frozen Fruits and Vegetables Market Revenues, 2016-2026F |
9.2.5. India Frozen Snack Products Market Revenues, 2016-2026F |
9.2.6. India Frozen Confectionery and Bakery Items Market Revenues, 2016-2026F |
9.2.7. India Other Frozen Products Market Revenues, 2016-2026F |
9.3. India Frozen Food Market Revenue Share, By End Users, 2019 & 2026F |
9.3.1. India Frozen Food Market Revenues, By Retail Customers, 2016-2026F |
9.3.2 India Frozen Food Market Revenues, By Food Service Industry, 2016-2026F |
9.4. India Frozen Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
9.4.1. India Online Frozen Food Market Revenues, 2016-2026F |
9.4.2 India Offline Frozen Food Market Revenues, 2016-2026F |
9.5. India Frozen Food Market Revenue Share, By Freezing Techniques, 2019 & 2026F |
9.5.1. India Frozen Food Market Revenues, By Individual Quick Freezing, 2016-2026F |
9.5.2. India Frozen Food Market Revenues, By Blast Freezing, 2016-2026F |
9.5.3. India Frozen Food Market Revenues, By Deep Freezing, 2016-2026F |
9.5.4. India Frozen Food Market Revenues, By Other Freezing Techniques, 2016-2026F |
9.6. India Frozen Food Market - Key Performance Indicators |
9.7. India Frozen Food Market Opportunity Assessment |
9.7.1. India Frozen Food Market Opportunity Assessment, By Product Types, 2026F |
9.7.2. India Frozen Food Market Opportunity Assessment, By Freezing Techniques, 2026F |
10. Indonesia Frozen Food Market Overview |
10.1. Indonesia Frozen Food Market Revenues, 2016-2026F |
10.2. Indonesia Frozen Food Market Revenue Share, By Product Types, 2019 & 2026F |
10.2.1. Indonesia Frozen Ready Meals Market Revenues, 2016-2026F |
10.2.2. Indonesia Frozen Meat and Poultry Market Revenues, 2016-2026F |
10.2.3. Indonesia Frozen Fish and Seafood Market Revenues, 2016-2026F |
10.2.4. Indonesia Frozen Fruits and Vegetables Market Revenues, 2016-2026F |
10.2.5. Indonesia Frozen Snack Products Market Revenues, 2016-2026F |
10.2.6. Indonesia Frozen Confectionery and Bakery Items Market Revenues, 2016-2026F |
10.2.7. Indonesia Other Frozen Products Market Revenues, 2016-2026F |
10.3. Indonesia Frozen Food Market Revenue Share, By End Users, 2019 & 2026F |
10.3.1. Indonesia Frozen Food Market Revenues, By Retail Customers, 2016-2026F |
10.3.2 Indonesia Frozen Food Market Revenues, By Food Service Industry, 2016-2026F |
10.4. Indonesia Frozen Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
10.4.1. Indonesia Online Frozen Food Market Revenues, 2016-2026F |
10.4.2 Indonesia Offline Frozen Food Market Revenues, 2016-2026F |
10.5. Indonesia Frozen Food Market Revenue Share, By Freezing Techniques, 2019 & 2026F |
10.5.1. Indonesia Frozen Food Market Revenues, By Individual Quick Freezing, 2016-2026F |
10.5.2. Indonesia Frozen Food Market Revenues, By Blast Freezing, 2016-2026F |
10.5.3. Indonesia Frozen Food Market Revenues, By Deep Freezing, 2016-2026F |
10.5.4. Indonesia Frozen Food Market Revenues, By Other Freezing Techniques, 2016-2026F |
10.6. Indonesia Frozen Food Market - Key Performance Indicators |
10.7. Indonesia Frozen Food Market Opportunity Assessment |
10.7.1. Indonesia Frozen Food Market Opportunity Assessment, By Product Types, 2026F |
10.7.2. Indonesia Frozen Food Market Opportunity Assessment, By Freezing Techniques, 2026F |
11. Rest of Asia Pacific Frozen Food Market Overview |
11.1. Rest of Asia Pacific Frozen Food Market Revenues, 2016-2026F |
12. Asia Pacific Frozen Food Market Competitive Landscape |
12.1. Asia Pacific Frozen Food Market Company Revenue Share, By Country, 2019 |
12.1.2. China Frozen Food Market Revenue Share, By Company, 2019 |
12.1.3. Japan Frozen Food Market Revenue Share, By Company, 2019 |
12.1.4. Australia Frozen Food Market Revenue Share, By Company, 2019 |
12.1.5. India Frozen Food Market Revenue Share, By Company, 2019 |
12.1.6. Indonesia Frozen Food Market Revenue Share, By Company, 2019 |
12.2. Asia Pacific Frozen Food Market Competitive Benchmarking, By Operating and Technical Parameters |
13. Company Profiles |
13.1. Nestle S.A. |
13.2. McCain Foods Ltd. |
13.3. Unilever Plc |
13.4. Sanquan Food Co. Ltd. |
13.5. Tyson Foods |
13.6. Sinian Co. Ltd. |
13.7. Nichirei Corporation |
13.8. Ajinomoto Co., Inc. |
13.9. Mother Dairy Fruit & Vegetable Pvt. Ltd. |
13.10. NH Foods Ltd. |
14. Key Strategic Recommendations |
15. Disclaimer |