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India Frozen Food Market Share, Size, Segmentation, Outlook and
Forecasts to 2024 | Hexa Research
“ India frozen food market is expected to be valued at $1,322.3 million by
2024.”
21 January 2019
India frozen food market is expected to be valued at $1,322.3 million by 2024. India is the second largest
food producer in the world straight after China. Despite strong agriculture production base, a noteworthy
amount of food produced gets wasted owing to poor storage and inadequate infrastructure in country.
Hence, frozen processed food products with longer shelf life and easy preparation than traditional food
products, are expected to be booming and hence, bring new players in the market to serve the rising
requirement with adequate and sustainable infrastructure. India being the tropical country, vast amount of
post-harvest losses of vegetable and fruits takes place every year and therefore, frozen convenience food is
expected to solve the problem over the coming years.
The Indian industry comprises of heat-and-eat vegetarian, ready-to-cook, fry, and non-vegetarian food
products, and is chiefly dominated by some regional players and select national brands. However, the frozen
food market in India is at a nascent stage owing to low awareness, few products, lack of refrigeration
equipment, and underdeveloped cold chain network.
The paucity of time along with growing urbanization, lots of Indians are preferring western dishes over
traditional food products. The population of working women and young professional teenagers living alone is
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