South America Frozen Food Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The South American Frozen Food Market is Segmented by Product Type (Frozen Fruits and Vegetables, Frozen Snacks, Frozen Seafood, Frozen Meat and Poultry, Frozen Desserts, and Other Product Types), Product Category (Ready-to-eat, Ready-to-cook, and Other Product Categories), and Geography (Brazil, Argentina, and Rest of South America). The report provides market sizes and forecasts in terms of value in USD million for the above segments.

South America Frozen Food Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America Frozen Food Market Size

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South America Frozen Food Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.80 %
Market Concentration Low

Major Players

South America Frozen Food Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South America Frozen Food Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

South America Frozen Food Market Analysis

The South America Frozen Food Market is expected to register a CAGR of 5.8% during the forecast period.

The advantages of frozen food and the strong backing for technological innovation have made the items more widely available and reasonably priced for consumers in South America. Frozen food is becoming more affordable as a result of the development of new technology. Frozen food manufacturers have been appealing to consumer demand by adding variety, innovating new flavors to make frozen foods, such as poultry, seafood, desserts, etc., more palatable, adjusting portion sizes, providing organic options, and expanding health benefits, such as fiber content. There is a shift toward demand for functional foods as consumers use food to address health issues or contribute to their overall health and well-being. Additionally, the ease of use, higher shelf life, and the busy lifestyle of consumers across the region also propel the growth of the market studied.

The COVID-19 pandemic influenced market growth as people inclined more toward foods with longer shelf lives. Supply chains also shifted production away from food service and into the retail sector. Both large and small manufacturers witnessed increased sales in 2020, but changes in packaging and distribution methods benefitted major manufacturers. Furthermore, the pandemic raised consumer demand for products that are focused on health and nutrition.

South America Frozen Food Industry Overview

The South American frozen food industry is extremely competitive and has both domestic and foreign competitors. Players, including Unilever PLC, Nestle SA, General Mills, The Kraft Heinz Company, and The Kraft Heinz Company, are market leaders. These firms concentrate on utilizing the opportunities provided by expanding markets to broaden their product offering in order to meet the demands of various product areas, particularly frozen desserts. To achieve a competitive edge in the market, businesses compete on a variety of variables, such as product offerings, ingredients, quality, taste, flavor, pricing, functionality, size, packaging, and marketing initiatives.

South America Frozen Food Market Leaders

  1. Unilever PLC

  2. General Mills Inc.

  3. JBS SA

  4. The Kraft Heinz Company

  5. Nestlé S.A.

  6. *Disclaimer: Major Players sorted in no particular order
South America Frozen Food Market Concentration
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South America Frozen Food Market News

  • November 2022: Nestlé SA announced plans to establish a new Research & Development (R&D) Center in the Latin American region to innovate its products, including the frozen food range, to increase its consumer base in the region while leveraging the company's global science and technological capabilities.
  • September 2022: Lamb Weston Holdings announced its plans to expand the French fries processing capacity in Argentina with the construction of a new manufacturing plant in Mar del Plata, Buenos Aires. The newly constructed french fry processing facility is anticipated to produce approximately 200 million pounds of frozen French fries and other potato products annually for the Latin American market.
  • June 2021: Brazi Bites, a pioneer of delicious Latin-inspired, naturally gluten-free foods, launched Pizza'nadas, an extension of the brand's popular Empanadas line of frozen pizza.

South America Frozen Food Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Product Type
    • 5.1.1 Frozen Fruits and Vegetables
    • 5.1.2 Frozen Poultry and Seafood
    • 5.1.3 Frozen Prepared Food
    • 5.1.4 Frozen Dessert
    • 5.1.5 Frozen Snack
    • 5.1.6 Other Product Types
  • 5.2 Distribution Channel
    • 5.2.1 Supermarkets/Hypermarkets
    • 5.2.2 Grocery/Convinience Stores
    • 5.2.3 Online Retailer
    • 5.2.4 Other Distribution Channels
  • 5.3 Geography
    • 5.3.1 Brazil
    • 5.3.2 Argentina
    • 5.3.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 McCain Foods Limited
    • 6.3.2 BRF SA
    • 6.3.3 Nestlé S.A.
    • 6.3.4 Tyson Foods Inc.
    • 6.3.5 Unilever PLC
    • 6.3.6 JBS SA
    • 6.3.7 General Mills Inc.
    • 6.3.8 The Kraft Heinz Company
    • 6.3.9 Conagra Foods Inc.
    • 6.3.10 Dr Oetker
    • 6.3.11 D'Aucy Frozen Foods
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER

**Subject to Availability
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South America Frozen Food Industry Segmentation

Frozen food is defined as food products that are preserved under low temperatures and used over a long period. The scope of the report includes packaged frozen foods sold to consumers through various retail channels. The South American frozen food market is segmented by product type, product category, distribution channel, and geography. By product type, the market is segmented into frozen fruits and vegetables, frozen snacks, frozen seafood, frozen meat and poultry, frozen desserts, and other product types. By product category, the market is classified as ready-to-eat, ready-to-cook, and other product categories. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail channels, and other distribution channels. By geography, the market is segmented into Brazil, Argentina, and Rest of the South America. For each segment, the market sizing and forecasts are provided in terms of value in USD million.

Product Type Frozen Fruits and Vegetables
Frozen Poultry and Seafood
Frozen Prepared Food
Frozen Dessert
Frozen Snack
Other Product Types
Distribution Channel Supermarkets/Hypermarkets
Grocery/Convinience Stores
Online Retailer
Other Distribution Channels
Geography Brazil
Argentina
Rest of South America
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South America Frozen Food Market Research FAQs

What is the current South America Frozen Food Market size?

The South America Frozen Food Market is projected to register a CAGR of 5.8% during the forecast period (2025-2030)

Who are the key players in South America Frozen Food Market?

Unilever PLC, General Mills Inc., JBS SA, The Kraft Heinz Company and Nestlé S.A. are the major companies operating in the South America Frozen Food Market.

What years does this South America Frozen Food Market cover?

The report covers the South America Frozen Food Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Frozen Food Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South America Frozen Food Industry Report

Statistics for the 2025 South America Frozen Food market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Frozen Food analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.