The Indian frozen foods market reached a value of Rs 124.06 billion in 2021, according to IMARC Group. Looking forward, IMARC Group expects the market to reach Rs 306.61 billion by 2027, exhibiting at a CAGR of 16.2 percent during 2022-2027. 

The demand for RTE food products skyrocketed during the COVID-19 pandemic, and the industry became one of the few to witness a surge in demand during the pandemic.