Market Overview:
Global Frozen Fruits and Vegetables Market contains the information from 2014 to 2027. The global market for frozen fruits and vegetables has witnessed continued demand during the last few years and is projected to reach 751 million tons by 2027, at a CAGR of 5.34% from 2016 to 2027. Increase in versatile demand across various food and beverage segments particularly convenience foods and beverages is likely to drive the global frozen fruits and vegetables market
The percentage share of the frozen fruits and vegetables compared to the total consumption of fruits and vegetables is very less. However, the percentage share varies from region to region, comparatively high for developed markets like Europe and U.S. Advancements in technology and improved supply availability in the developing markets like India and China has led to strong growth opportunities for the market. Hence, the frozen fruits and vegetables market is expected reach ~ and is expected to grow at CAGR of more than 5.34% from 2016 to 2027.
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Major Key Players:
This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players such as Dole (U.S.), Ardo NV (Belgium), HJ Heinz (US), Simplot Australia PTY Ltd (Australia), General Mills (U.S.), Findus Sverige AB, (Sweden), Pinnacle Foods Corp. (US), and Bonduelle Group (France).
Regional Analysis:
APAC will witness maximum growth in the water melon market followed by North America. However, volume wise market size will continue to be higher under APAC region with 66% share. With increasing disposable incomes in India and China and growing demand for water melon frozen and processed products will drive higher demand for water melon. Countries where there is shortage of fresh fruits and vegetables, frozen and packed fruit and vegetables are preferred. Because freezing preserves food, no unwanted additives are required in bags of frozen goodies, like spinach and strawberries.
Fruits and vegetables are wasted due to its natural deterioration process, and low grade storage process. Frozen fruits and vegetables can be preserved for a long period of time due to increase in the shelf-life. Hence the frozen fruits and vegetables market is growing rapidly. North America is emerging market, accounting for 719 kilo tonnes and is expected to grow at a CAGR 1.89% by 2027.
Reasons to buy:
- This report includes in-depth study analysis of frozen fruits and vegetables market
- It covers market segmentation by type, sub-type, form, packaging and application
- It helps in identifying region-wise major suppliers and understand consumption patterns
- The report will provide useful and premium insights that will support in investments for frozen fruits and vegetables and allied companies providing details on the fast growing segments and regions
- In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report
- The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and also supported by authentic industry data from secondary sources.
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Key Findings:
- Increase in demand for confectionery, bakery and dairy products specifically in berries will drive demand for kiwi and apricots among the frozen fruit segments
- Increase in demand for RTE foods will drive demand for frozen spinach and other legumes among the frozen vegetable segments
Volume wise market size will continue to be higher under APAC region with more than 50% share. With rise in disposable incomes in India and China and growing demand for healthy foods will drive higher demand for frozen fruits
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