The frozen aisle, once seen as a domain of budget meals and convenience snacks, is now a growth engine for the plant-based sector.
New data indicates that the global plant-based frozen food market will more than double by 2034, growing from $5 billion in 2024 to over $12 billion.
This growth reflects the wider transformation of the plant-based industry, valued at $44.3 billion and forecast to reach $123.1 billion by 2031.
Today’s shoppers are not just looking for ethical alternatives, they’re looking for smart convenience.
The category's rise is driven by a shift in consumer priorities, with the market expected to reach new heights in the coming years.
Author's summary: Frozen plant-based foods to double in value by 2034.