Market Share of Asia-Pacific Frozen Food Industry
The market is moderately competitive, with the substantial presence of both global and regional players. The key players in the Asia-Pacific frozen food market are McCain Foods Limited, Lantmannen, Conagra Brands Inc., Ajinomoto Co. Inc., and General Mills, Inc. Leading companies are focused on the advanced distribution network and manufacturing expertise to gain a competitive advantage in the fastest growing market. For instance, in June 2022, FroGo, a meals tech startup, launched India's first e-commerce, which caters completely to the frozen food supply. This online retail platform offers frozen food and meals, including frozen snacks from different market giants, including Mc Cain Limited. Additionally, frozen food brands are targeting potential consumers with innovative product offerings and improved packaging formats that match the evolving consumer preference in the area of convenience and sustainability.
APAC Frozen Food Market Leaders
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McCain Foods Limited
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Ajinomoto Co. Inc.
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General Mills, Inc.
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Conagra Brands Inc.
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Lantmannen
*Disclaimer: Major Players sorted in no particular order