Europe Frozen Food Market To See Worldwide Massive Growth, COVID-19 Impact Analysis, Industry Trends, 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.