Frozen foods continue to ramp up the innovation pipeline across all dayparts and reflect multiple types of occasions.
With a preponderance of at-home meal consumption, the frozen appetizer and snack category experienced another year of double-digit growth. It is up 10.6% to $3.5 billion based on a 52-week period ending April 17, 2022, according to data from Chicago-based IRI, which reflects multi-unit outlets plus convenience.
According to Fortune Business Insights (Pune, Maharashtra, India), the global frozen food market is expected to grow at a compound annualized growth rate of 6% through 2028.
The rediscovery of the frozen food aisle has resulted in increased innovation across the industry. Click ahead for a snapshot of recent innovation driving volume within the supermarket frozen foods case.