Frozen food industry in Japan will reach USD 7.49 B by 2024

Definition / Scope

Frozen foods are the food products preserved by rapid freezing process and kept frozen until they are packed in cartons, wrappers, cans or trays.[1] In today's busy lifestyle, its consumption is gaining popularity as they are very easy to prepare and serve. In the context of Japan, top six best-frozen foods are Tsukemen, authentic fried rice, spaghetti, grilled onigiri rice balls, chicken, and gyoza.[2] Frozen food market can be categorized into the following types on the basis of the type of food products:

  • Frozen Readymade meals
  • Frozen Fruits and Vegetables
  • Frozen Meat
  • Frozen Fish and Seafood
  • Frozen Bakery Products

Market Overview

In Japan, frozen food shared almost 3% of the total food market in 2018. Its market size was valued at USD 6.52 billion in 2018, which is increased from USD 6.26 billion in 2016.[3] It is growing at the CAGR of 2.4% and is expected to reach USD 7.49 billion by 2024 because of the increasing aging population and busy lifestyle.[4]

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Author: Pamela Smith