Myanmar Frozen Food Market Overview
Myanmar Frozen Food Market was valued at USD 202.5 Billion in 2024 and is projected to grow at a CAGR of 5.00% to reach USD 330 Billion by 2034.
The frozen food market consist of retail and also the business customers. Business customers of frozen food involve caterers, hotel chains, and other business buyers whereas retail customers involve households and individuals. Retail customers mostly prefer ready-to-eat food, semi-cooked & cooked, and soup & meat amongst the class of available products in the market. While business customers mainly used seafood, frozen meat, frozen pizza crust, frozen dough, bread, vegetables, and potatoes as the main ingredients for making food for end user.
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Myanmar Frozen Food Market Drivers & Restraints
Increasing demand for convenience and urbanization
Myanmar, which once lagged behind neighboring Asian countries in terms of urbanization, has now started to develop both technologically and economically. With rapidly improving incomes and expanding middle class across the country, the population has started to develop appetites for foreign drinks and foods. Urbanization has led to an increased awareness among the consumers, who have now started to look for essential traits offered by the packaged food.
Sales of frozen foods rising with developing modern trade
Modern retailing in the country is highly supportive to the sales of processed foods, especially for those that need refrigeration, such as milk, yogurt, frozen food, and cheese. Myanmar has recently transformed its economic trajectory, from being a centrally planned economy into a market-oriented system, with the emergence of new legal policies for the sales of packaged foods such as frozen food categories in the Myanmar region. Increasing incomes, a growing economy, and evolving consumer patterns are attracting an increasing number of international brands to Myanmar. Due to the intensifying competition between existing players, their presence is expected to prompt an improvement in the quality and range of the products being positioned on the shelves of modern retail formats such as hypermarket and supermarkets.
Rising concerns about eating healthy among consumers
Increasing the numbers of working individuals in the country, who manage busy chores and schedules, they do not time at the end of the day for cooking and prefer to have a ready meal. But a main share of the consumers who make purchasing decision based on their perception of the products just by looking at the product label are avoiding buying unhealthy products, which is mainly hampering factor for the growth of the target market. The ingredients used in frozen foods are not the same as those in freshly made meals. Many frozen foods also use partially hydrogenated palm oil that has hidden, harmful trans fats.
Myanmar Frozen Food Market Segmentations & Regional Insights
The Myanmar frozen food market is segmented based on the product, product category, freezing technique, and distribution channel.
Based on the product, the Myanmar frozen food market is segmented into the frozen fruit and vegetables, frozen meat and fish, frozen-cooked ready meals, frozen desserts, frozen snacks, and others. Based on the product category, the target market is segmented into ready-to-eat, ready-to-cook, ready-to-drink and others. Based on the freezing technique, the target market is segmented into ready-to-eat, ready-to-cook, ready-to-drink and others. Based on the distribution channel, the target market is segmented into supermarkets and hypermarkets, convenience stores, online channels, and others.
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Million & CAGR from 2024 to 2034 |
Market Segmentation |
By Product - Frozen Fruit And Vegetables, Frozen Meat And Fish, Frozen-Cooked Ready Meals, Frozen Desserts, Frozen Snacks, and Others By Product Category– Ready-To-Eat, Ready-To-Cook, Ready-To-Drink and Others By Freezing Technique - Individual Quick Freezing, Blast Freezing, Belt Freezing, and Other Freezing Techniques By Distribution Channel- Supermarkets and Hypermarkets, Convenient Stores, Online Channels, and Others |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at Myanmar, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Myanmar frozen food market report based on the product, product category, freezing technique, and distribution channel:
Global Frozen Food Market, By Product:
- Frozen Fruits and Vegetables
- Frozen Meat and Fish
- Frozen-Cooked Ready Meals
- Frozen Desserts
- Frozen Snacks
- Others
Global Frozen Food Market, By Product Category:
- Ready-To-Eat
- Ready-To-Cook
- Ready-To-Drink
- Other
Global Frozen Food Market, By Freezing Technique:
- Individual Quick Freezing
- Blast Freezing
- Belt Freezing
- Other
Global Frozen Food Market, By Distribution Channel:
- Supermarkets and Hypermarkets
- Convenient Stores
- Online Channels
- Others
Myanmar Frozen Food Market Competitive Landscape & Key Players
The key players operating the Myanmar antidiuretic drugs market includes Food Empire Limited, Dr. August Oetker Kg, Lutosa, X Les Vergers Boiron, Liberty Gold, and Emborg Professional. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2015, the Dr. August Oetkar Kg Company has acquired Conditorei Coppenrath & Wiese, which was one of the leading manufacturers of frozen gateaux and cakes
Myanmar Frozen Food Market Company Profile
- Food Empire Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Dr. August Oetker Kg
- Lutosa
- X Les Vergers Boiron
- Liberty Gold
- Emborg Professional
Myanmar Frozen Food Market Highlights
FAQs
The Myanmar Frozen Food Market is segmented into Product, Product category, freezing technique, Distribution Channel
Various factors, including the increasing urbanization, changing consumer lifestyles, rising demand for convenience foods, and advancements in freezing technologies, are driving the growth of the Myanmar Frozen Food Market.
The Myanmar Frozen Food Market faces challenges such as infrastructure limitations for cold storage and transportation, concerns related to food safety and quality, and cultural preferences impacting the acceptance of specific frozen food products, which act as restraints on its global expansion.
The key players operating in the target market include Dr. August Oetker Kg, Lutosa, X Les Vergers Boiron, Liberty Gold, Emborg Professional, and Food Empire Limited.