Frozen Snacks Market Analysis by Mordor Intelligence
The frozen snacks market size stood at USD 146 billion in 2025 and is forecast to reach USD 193.9 billion by 2030, advancing at a 5.84% CAGR. Rising urban populations, modern cold-chain expansion, and digital grocery adoption continue to reinforce demand for convenient, indulgent, and portion-controlled products. Company investments in automated temperature-controlled warehouses and energy-efficient equipment are widening product availability while containing operating costs[1]NewCold, “NewCold and Froneri break ground on state-of-the-art warehouse in Ferentino, Italy,” newcold.com. Health-oriented reformulation, appliance penetration such as air-fryers, and the rapid scale-up of QSR networks further diversify usage occasions and accelerate product innovation. Regulatory mandates for low-GWP refrigeration along with tariff-induced input cost volatility temper near-term margins, yet manufacturers with scale and technological agility are positioned to convert these headwinds into competitive advantages[2]U.S. Department of Energy, “Commercial Refrigeration Equipment,” energy.gov.
Key Report Takeaways
By product type, potato-based snacks led with 34.84% revenue share in 2024; dairy-based snacks are projected to expand at a 7.80% CAGR to 2030.
By distribution channel, supermarkets and hypermarkets controlled 47.42% of the frozen snacks market share in 2024, while online retailers record the highest projected CAGR at 9.74% through 2030.
By geography, Europe accounted for 32.53% of the frozen snacks market size in 2024 and Asia-Pacific is advancing at a 6.21% CAGR to 2030.
Global Frozen Snacks Market Trends and Insights
Drivers Impact Analysis
| Driver | % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Urban demand for ready-to-eat convenience | +1.2% | Global, with concentration in APAC urban centers | Medium term (2-4 years) |
| Cold-chain & e-grocery expansion | +0.9% | North America & Europe leading, APAC catching up | Long term (≥ 4 years) |
| QSR & food-service network growth | +0.8% | Global, particularly emerging markets | Medium term (2-4 years) |
| Household air-fryer penetration | +0.7% | North America & Europe primarily | Short term (≤ 2 years) |
| Surge in global street-food formats | +0.5% | APAC core, spill-over to North America | Medium term (2-4 years) |
| Clean-label plant-based launches | +0.4% | North America & EU regulatory alignment | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Urban Demand for Ready-to-Eat Convenience
Metropolitan lifestyle acceleration drives frozen snacks adoption as consumers prioritize time-saving meal solutions over traditional cooking methods. The National Frozen & Refrigerated Foods Association's 2023 research revealed 57% of Americans rediscovered cooking during the pandemic, yet 56% simultaneously view frozen foods as more convenient for managing mealtimes. This apparent contradiction reflects evolved consumer behavior where convenience complements rather than replaces culinary engagement[3]National Frozen & Refrigerated Foods Association, “Shifting Consumer Eating and Grocery Shopping Habits: 2023 Report,” nfraweb.org. Urban density constraints limit storage space, making portion-controlled frozen snacks attractive alternatives to bulk fresh ingredients that risk spoilage. The shift particularly benefits bite-sized formats, with Conagra's analysis showing frozen bites and minis reaching USD 2.4 billion in sales with 31% year-over-year consumption increases Conagra Brands. Demographic targeting reveals younger urban professionals as primary adoption drivers, creating sustained demand patterns that extend beyond economic cycles.
Cold-Chain & E-Grocery Expansion
Infrastructure modernization enables frozen snacks market penetration through enhanced last-mile delivery capabilities and temperature-controlled storage networks. Cold-chain logistics capacity constraints drive substantial investments, with the sector valued at approximately USD 186 billion in 2020 and projected growth driven by China and emerging markets. E-grocery expansion particularly benefits frozen categories, as consumers gain confidence in temperature-controlled delivery systems that maintain product integrity. The convergence creates distribution opportunities for premium frozen snacks previously limited to physical retail locations. Automated cold storage facilities with 70-80 foot clear heights and advanced cooling systems reduce operational inefficiencies while supporting e-commerce fulfillment Avison Young. Regional infrastructure gaps remain significant, particularly in rural areas where cold-chain density limits market penetration and creates competitive moats for established distribution networks.
QSR & Food-Service Network Growth
Quick-service restaurant expansion drives frozen snacks adoption through menu diversification and operational efficiency requirements. Food service operators increasingly rely on frozen snack components to maintain consistency across locations while reducing labor-intensive preparation. The trend accelerates in emerging markets where QSR network density grows rapidly, creating standardized demand for frozen appetizers, sides, and snack items. Institutional catering segments similarly adopt frozen snacks to manage portion control and reduce waste in high-volume serving environments. Korean convenience store chains exemplify this expansion, with GS25 operating 355 stores in Vietnam and 270 in Mongolia, while CU maintains 460 locations in Mongolia and 150 in Malaysia, both leveraging frozen snack offerings to drive international growth. The institutional adoption pattern creates predictable volume demand that supports manufacturing scale economies and product innovation investments.
Household Air-Fryer Penetration
Air-fryer adoption transforms frozen snacks consumption patterns by enabling superior texture and convenience compared to conventional heating methods. Iceland Foods' dedicated air-fryer aisle pilot featuring over 250 products responds to 46% of British households acquiring air fryers within 5 years, demonstrating rapid appliance penetration. The technology particularly benefits frozen snacks by delivering crispy textures without oil addition, addressing health-conscious consumer preferences while maintaining indulgent eating experiences. Air-fryer compatibility becomes a product development criterion, with manufacturers reformulating coatings and portion sizes to optimize air-circulation cooking. Conagra's research indicates air-fryer-friendly frozen foods reached USD 6.1 billion in sales, with specific growth in frozen bites and breakfast items that align with air-fryer cooking capabilities. The appliance penetration creates sustained demand for compatible products while potentially cannibalizing traditional oven-prepared frozen categories.
Restraints Impact Analysis
| Restraint | % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Health & sodium concerns | -0.8% | Global, with stricter regulations in EU & North America | Medium term (2-4 years) |
| Volatile energy & logistics costs | -0.6% | Global, particularly energy-intensive regions | Short term (≤ 2 years) |
| Carbon-reduction freezer regulations | -0.4% | EU & California leading, expanding globally | Long term (≥ 4 years) |
| 2025 specialty-ingredient tariff shocks | -0.3% | North America primarily, trade partner impacts | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Health & Sodium Concerns
Nutritional scrutiny constrains frozen snacks growth as consumers and regulators focus on sodium content and processed food health implications. Hong Kong's Centre for Food Safety found nearly 60% of savoury snack samples classified as high sodium (over 600 mg/100g), with some preserved fruit samples reaching 13,000 mg/100g. Regulatory frameworks increasingly mandate sodium reduction, with the WHO/FAO recommending under 2,000 mg daily sodium intake equivalent to 5g salt. Consumer awareness campaigns highlight frozen snacks' sodium content relative to fresh alternatives, creating reformulation pressures that increase manufacturing costs. The health positioning challenge intensifies as frozen snacks compete against fresh and minimally processed alternatives that consumers perceive as healthier options. Manufacturers respond through clean-label initiatives and sodium reduction technologies, though these adaptations often compromise taste profiles that drive consumer preference and repeat purchase behavior.
Volatile Energy & Logistics Costs
Energy price fluctuations and transportation cost volatility threaten frozen snacks profitability through cold-chain operational expense increases. Cold-chain logistics represents an energy-intensive sector requiring continuous refrigeration throughout storage, transportation, and retail display phases. Rising energy costs particularly impact smaller manufacturers lacking scale economies to absorb expense increases through operational efficiency improvements. The sector faces concurrent pressures from refrigerant transition requirements, as California mandates Global Warming Potential below 150 for new refrigeration systems containing over 50 pounds of refrigerant. Transportation fuel cost volatility compounds these pressures, particularly for regional distribution networks serving dispersed retail locations. Energy-efficient equipment investments require substantial capital commitments that strain cash flows, while regulatory compliance timelines limit manufacturers' ability to defer modernization expenses during cost-sensitive periods.
Segment Analysis
By Product Type: Potato Dominance Faces Dairy Innovation
Potato snacks generated the largest share of the frozen snacks market at 34.84% in 2024, thanks to ingrained consumer familiarity, robust processing infrastructure, and stable raw potato supply contracts. Large-scale continuous frying and freezing lines ensure cost leadership, allowing aggressive promotional pricing without jeopardizing margins. Dairy-based snacks, however, are the fastest-growing component with a 7.80% CAGR to 2030, propelled by protein-forward positioning and indulgent textures that resonate with health-conscious yet taste-driven consumers. Functional dairy formulations featuring milkfat globule membrane and probiotics enhance differentiation while commanding price premiums.
The potato segment continues to innovate via seasoned batter coatings optimized for air-fryers, keeping it relevant to shifting appliance trends. At the same time, rising interest in plant-based diets nudges producers to experiment with cauliflower and sweet-potato blends for cleaner-label appeal. Consumer acceptance tests indicate sustained preference for classic russet formulations, yet flavored and spicy line extensions inject novelty, limiting cannibalization. Amid agricultural volatility, multi-year crop contracts stabilize input prices, safeguarding profitability and funding continuous improvement programs across both mainstream and premium sub-segments of the frozen snacks market.
Note: Segment shares of all individual segments available upon report purchase
By Distribution Channel: Digital Disruption Accelerates
Physical retail maintains primacy, with supermarkets and hypermarkets capturing 47.42% of the frozen snacks market share in 2024, underpinned by abundant freezer capacity, shopper habit, and in-store promotions. Shelf adjacency to complementary indulgence categories like frozen desserts drives basket synergy. The frozen snacks market size for brick-and-mortar sales reached USD 69.3 billion in 2025, yet growth is moderating as digital alternatives gain traction. Online retailers post a striking 9.74% CAGR, aided by algorithmic merchandising, subscription models, and temperature-controlled last-mile networks. Younger cohorts rank convenience and dynamic pricing among top purchase motivators, foreshadowing a structural rebalancing of channel mix.
E-commerce growth challenges producers to redesign packaging that withstands extended transit without compromising texture or brand aesthetics. Recyclable insulating liners and dry-ice substitutes feature prominently in pilot programs. Higher basket conversion offsets added fulfillment expense, preserving contribution margin. Long-term channel strategies focus on near-store micro-fulfillment centers integrating automated shuttle systems to shrink delivery windows. Legacy supermarket groups respond with dark stores and curbside pickup, blurring lines between online and offline experiences while keeping the frozen snacks market accessible across consumer touchpoints.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
In 2024, Europe retained its leadership with a 32.53% market share, driven by consumer familiarity with frozen foods, harmonized food safety standards, and well-established cold-chain networks. The EU's F-Gas regulations are accelerating the replacement of older refrigerants, delivering energy savings that partially offset rising utility costs. Sustainable packaging directives are pushing producers toward mono-material polyethylene pouches, improving recycling rates. Premiumization trends in Scandinavia and Western Europe are evident, with single-serve artisan pastries and tapas-style snacks commanding higher prices, reinforcing a value-over-volume approach. Meanwhile, Asia-Pacific is emerging as a growth engine, projected to grow at a 6.21% CAGR through 2030. Urban migration, rising middle-class purchasing power, and government-backed cold-chain investments are key drivers. India's cold-chain market is expected to grow from USD 4.7 billion in 2024 to USD 12.2 billion by 2030, reducing post-harvest losses and expanding frozen snack distribution beyond tier-one cities.
North America remains a high-value, innovation-driven market, with over 40,000 quick-service restaurants (QSRs) in the United States providing a stable foundation for institutional sales. However, challenges such as California's strict <150 GWP refrigerant threshold, impending national efficiency standards, and tariff uncertainties on key ingredients like cashews and vanilla are increasing costs. To mitigate these pressures, producers are focusing on vertical integration and advanced energy-management systems to protect margins. Consumers continue to show a willingness to pay a premium for globally inspired, high-quality frozen snacks, supporting value growth even as unit volumes stabilize in mature segments.
Competitive Landscape
The frozen snacks market, with a concentration ratio of 3 on a 10-point scale, reflects a fragmented environment where global players coexist with agile regional specialists. Nestlé leverages its scale to secure agricultural inputs and invests in quick-freeze tunnels for SKU flexibility, while McCain Foods focuses on hybrid renewable energy systems to reduce costs and enhance sustainability. Conagra Brands uses shopper data analytics to optimize regional assortments and improve omnichannel shelf efficiency. Wells Enterprises expanded its ice-cream operations with a USD 425 million Dunkirk plant, integrating chocolate ingredient processing to strengthen supply security. Acquisition activity is intensifying, with J&J Snack Foods acquiring Whole Fruit Sorbet and Fruit-A-Freeze for USD 4.6 million to enhance sorbet processing and West Coast capacity, while Orkla’s Nic Finland doubled its size by merging with Snackfood Oy, bolstering its on-the-go snack offerings in Northern Europe.
Price competition remains measured as companies prioritize maintaining category value perception amid rising input costs. Differentiation strategies include rapid flavor innovation, limited-edition collaborations, and sustainable sourcing commitments. Firms are also focusing on energy-efficient logistics, extended shelf-life coatings, and flexible batch production to navigate increasing regulatory and economic pressures. These strategic initiatives are expected to separate market leaders from laggards in the global frozen snacks market as they adapt to evolving consumer preferences and operational challenges.
Frozen Snacks Industry Leaders
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McCain Foods Limited
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Conagra Brands Inc.
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Nestlé S.A.
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Tyson Foods Inc.
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General Mills Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- February 2025: Lotte announced USD 300 million investment over 5 years in India, expanding beyond ice cream into snacks segment with Pepero production at Haryana plant, marking first production outside Korea.
- May 2025: McCain Foods India, a pioneer in frozen snacks, has partnered with Philips to launch India’s first-ever range of frozen snacks designed exclusively for air fryers, marking a category-first product innovation. This new range delivers crispy, restaurant-style French fries with the signature crunch and golden texture, achieved through McCain’s proprietary Sure Crisp™ technology, enabling a healthier, oil-free cooking experience at home.
- May 2025: Pitaya Foods has launched an innovative new line of Swirl Smoothie Bowls at Target stores nationwide, shaking up the frozen snack category with café-quality, ready-to-eat snacks that are both indulgent and nutrient-forward. These smoothie bowls feature vibrant layers of organic superfruits such as acai, strawberry, blue spirulina, dragon fruit, passion fruit, and pineapple, combined with natural swirls like cocoa fudge and mango puree.
Global Frozen Snacks Market Report Scope
As per the scope of the report, frozen snacks are a type of snack food that is subjected to rapid freezing and kept frozen until consumed. Similar to snacks, a small portion of food is consumed between meals. The frozen snacks market is segmented based on product type, distribution channels, and geography. By product type, the market is segmented into potato fries, pizzas, and other frozen snacks. By distribution channel, the market is segmented into retail and food service. The retail channel is further segmented into supermarkets/hypermarkets, convenience stores, online retail stores, and other distribution channels. In terms of geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report offers the market size and values in (USD million) for the above segments.
| Potato-based Snacks |
| Pizza Snacks |
| Meat-based Snacks |
| Baked Snacks |
| Dairy-based Snacks |
| Plant-based Snacks |
| Others |
| Retail | Supermarkets / Hypermarkets |
| Convenience Stores | |
| Online Retail Stores | |
| Discounters & Club Stores | |
| Others | |
| Food-service | Quick-Service Restaurants (QSR) |
| Full-Service Restaurants | |
| Institutional Catering |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Netherlands | |
| Poland | |
| Belgium | |
| Sweden | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Australia | |
| Indonesia | |
| South Korea | |
| Thailand | |
| Singapore | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Peru | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| United Arab Emirates | |
| Nigeria | |
| Egypt | |
| Morocco | |
| Turkey | |
| Rest of Middle East and Africa |
| By Product Type | Potato-based Snacks | |
| Pizza Snacks | ||
| Meat-based Snacks | ||
| Baked Snacks | ||
| Dairy-based Snacks | ||
| Plant-based Snacks | ||
| Others | ||
| By Distribution Channel | Retail | Supermarkets / Hypermarkets |
| Convenience Stores | ||
| Online Retail Stores | ||
| Discounters & Club Stores | ||
| Others | ||
| Food-service | Quick-Service Restaurants (QSR) | |
| Full-Service Restaurants | ||
| Institutional Catering | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Netherlands | ||
| Poland | ||
| Belgium | ||
| Sweden | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| Indonesia | ||
| South Korea | ||
| Thailand | ||
| Singapore | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Chile | ||
| Peru | ||
| Rest of South America | ||
| Middle East and Africa | South Africa | |
| Saudi Arabia | ||
| United Arab Emirates | ||
| Nigeria | ||
| Egypt | ||
| Morocco | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
How big is the Frozen Snacks Market?
The Frozen Snacks Market size is expected to reach USD 112.42 billion in 2025 and grow at a CAGR of 4.23% to reach USD 138.30 billion by 2030.
What is the current Frozen Snacks Market size?
In 2025, the Frozen Snacks Market size is expected to reach USD 112.42 billion.
Who are the key players in Frozen Snacks Market?
McCain Foods Limited, Conagra Brands Inc., Nomad Foods Limited, Kraft Heinz Co and Nestlé S.A. are the major companies operating in the Frozen Snacks Market.
Which is the fastest growing region in Frozen Snacks Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Frozen Snacks Market?
In 2025, the North America accounts for the largest market share in Frozen Snacks Market.
What years does this Frozen Snacks Market cover, and what was the market size in 2024?
In 2024, the Frozen Snacks Market size was estimated at USD 107.66 billion. The report covers the Frozen Snacks Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Frozen Snacks Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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