Forest have suffered with a series of injuries to key players throughout the campaign and they currently have a number of players sidelined.
As a result, the Reds have started to slip down the Championship table and they lost their most recent match 3-0 against Sheffield Wednesday.
However, Freedman believes his side’s campaign would have been much more successful if they didn’t have so many players on the treatment table.
"We do have a lack of options," said Freedman. "Sheffield Wednesday have paid £15m to turn themselves into a top-six side. If we had Oliveira, Lansbury, Assombalonga and Fryatt fit, we would see what would happen. But we did not.”
Forest are currently under a transfer embargo, meaning that their options are limited when searching for replacements for their injured players.
The loss of Britt Assombalonga for the season has been particularly painful, as they have struggled for goals without him.
In Assombalonga’s absence, Forest’s most potent scorer this season has been Nelson Oliveira, but Freedman is now set to have to deal without the Portuguese front man for the rest of the campaign, too.
"Nelson looks as though he is going to be out for the rest of the season with his groin problem and Dexter has a family issue to deal with,” he said.
"Nelson will be out for at least six weeks with his groin injury. He might make it back for the final week or two, maybe. But we are probably looking at the rest of the season and that is very difficult to take.”
Forest are currently in 14th place in the Championship table, and they have won just once in their last six league outings.