Frozen Food Market is estimated to be US$ 407.87 billion by 2030 with a CAGR of 5.3% during the forecast period prophecymarketinsights.com

A significant factor driving the worldwide frozen food market is the rise in the use of frozen food items by industry giants like KFC, McDonald's, Pizza Hut, Subway, and Frozen Potatoes. This market's expansion is also anticipated to be fueled by the use of these items by several end users, including full-service restaurants, hotels & resorts, and quick service restaurants. The employment rate for women has significantly increased throughout the world. Women who work more often find it much harder to prepare meals, which leads them to rely more on frozen prepared foods. For instance, the United States Department of Labor reports that the employment rate for women in the country was 46% in 2019. Similar to South Africa, China, and other countries, the employment rate for women was roughly 43.7 percent in China and 45 percent in South Africa. During the forecast period, all of these variables work together to propel market expansion. Birds Eye 4 Chicken Pies, mini cottage pie, smoked haddock kedgeree, and broccoli & cheddar bake are a few examples of popular frozen ready meals.