The global frozen food market in 2022

Despite food price inflation, Europe remained the largest frozen food market in 2022.
 
According to Frozen Food Europe, the global frozen food market was estimated at USD 392.4 billion in 2022 and is projected to reach USD 612.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.6% between 2023 and 2032. In 2022, Europe dominated the global frozen food market, with a market share of around 37%.