The frozen food industry has been a staple in the American diet for decades. From pizza to ice cream, frozen food has been a convenient and affordable way to feed families. But what do the numbers say about the frozen food industry?
In this blog post, we’ll explore the latest frozen food industry statistics to get a better understanding of the market. We’ll look at the size of the industry, the types of products being sold, and the trends that are driving the industry’s growth. By the end, you’ll have a better idea of how the frozen food industry is doing and where it’s headed.
Frozen Food Industry: The Most Important Statistics
The average price of frozen products rose 15% in 2021 due to the increased demand from consumers cooking at home during the COVID-19 pandemic.
Frozen fish sales in France decreased by 278 million euros between 2010 and 2019, making it the least successful product in the frozen food market.
Frozen Food Industry Statistics Overview
Nestle USA was the leading producer in the frozen food segment in 2021, with 2.3 billion U.S. dollars in sales.
In 2020, Canada experienced a peak in frozen food sales of 2.76 billion Canadian dollars and an estimated increase in frozen dessert sales of 8 million Canadian dollars since 2014.
Frozen food sales in the UK increased by 12% in the week ending 8th March 2020, 32.7% in the week ending 12th April 2020, and 27.5% in the week ending 3rd May 2020.
This provides insight into the impact of the coronavirus pandemic on the frozen food industry in the UK. It shows that despite the pandemic, frozen food sales have increased significantly, indicating that the industry is resilient and has been able to adapt to the changes in consumer behaviour.
Frozen food sales increased significantly during the pandemic, with a 27% increase in dollars and 13.3% increase in units, and amounted to $65.1 billion in retail sales.
The industry has been able to capitalize on the pandemic and increase their sales significantly, indicating that the industry is in a strong position.
The average price of frozen products rose 15% in 2021 due to the increased demand from consumers cooking at home during the COVID-19 pandemic.
Thus, the frozen food industry is resilient and can adapt to changing consumer needs.
Frozen food sales have increased significantly over the past two years, with a 7.6% increase in 2022 and a 31% increase since 2019.
Despite the rising cost of fast food, consumers are still purchasing it and the frozen food sector is seeing a significant increase in sales. This indicates that the frozen food industry is doing well despite the pandemic and could be a sign of continued growth in the future.
Ice cream consumption in the UK was 101 grams per week per person, with Ben & Jerry’s and Magnum being the most popular brands.
Frozen fish sales in France decreased by 278 million euros between 2010 and 2019, making it the least successful product in the frozen food market.
In 2018, Tunisia exported mollusks and crustaceans worth roughly 140 million Tunisian dinars and 136 million Tunisian dinars respectively, which is roughly 51.8 million U.S. dollars and 50.5 million U.S. dollars.
The overall export value of fish and fish products from Tunisia increased between 2016 and 2018, and the highest yearly increments were found in the exports of fresh and frozen fish and mollusks. The value of frozen and fresh fish exported from Tunisia exceeded 173 million Tunisian dinars (around 64 million U.S. dollars).
In 2020, 123 237 metric tons of frozen potatoes were exported to Europe, with Germany receiving 26% (43 517 metric tons) and the rest of the world receiving 39 836 metric tons.
This shows the importance of the frozen food industry in Europe, particularly in Germany, and the impact it has on the global economy.
It also highlights the Netherlands’ role in the industry, as it was the main exporter of frozen potatoes to the world in 2020.
Conclusion
The frozen food industry is a rapidly growing sector of the food industry, with sales increasing every year. The industry is expected to continue to grow as consumers become more aware of the convenience and health benefits of frozen food.
With a wide variety of products available, the industry is well-positioned to meet the needs of a growing population. The future of the frozen food industry looks bright, and it is certain to continue to be a major player in the food industry for years to come.
References
1 – https://www.statista.com/topics/1339/frozen-foods-market/
2 – https://www.statista.com/topics/5299/frozen-food-market-in-canada/
3 – https://www.statista.com/statistics/1105931/coronavirus-changes-in-edible-grocery-purchases-united-kingdom/
4 – https://www.supermarketnews.com/consumer-trends/frozen-food-sales-21-2020-covid-alters-shopping-and-eating-behaviors
5 – https://progressivegrocer.com/price-conscious-shoppers-eye-frozen-foods#:~:text=The%20chilling%20effect%20of%20inflation,for%20savings%20on%20such%20items.
6 – https://www.supermarketnews.com/issues-trends/frozen-food-sales-stay-hot-despite-inflation
7 – https://www.statista.com/topics/7237/ice-cream-in-the-uk/
8 – https://www.statista.com/topics/8050/frozen-and-ready-meals-france/#topicOverview
9 – https://www.statista.com/statistics/1183013/export-value-of-fish-and-fishery-products-from-tunisia-by-type/
10 – https://www.statista.com/statistics/1171318/frozen-potato-volume-export-netherlands-by-destination/
