Frozen Fruits and Vegetables Market Overview:
Frozen fruits and vegetables are quickly gaining popularity among consumers due to their numerous advantages over fresh food. It delays decomposition by turning residual moisture into ice, which stops germs from growing. Frozen fruits and vegetables are also resistant to spoiling caused by rough handling, exposure to light, heat, and dust. From 2020 to 2030, the Frozen Fruits and Vegetables Market is predicted to grow at a 7.60 %CAGR, reaching USD 9.12 billion by the end of 2030.
The growth statistics of frozen and canned fruit and vegetable retailing by various organisations are included in the Frozen Fruits and Vegetables Market Analysis Report. Frozen fruits and vegetables are becoming more popular due to their inexpensive cost. Demand for non-regional fruits is also increasing, which is helping to drive the industry forward. Consumers' shifting lifestyles and hectic work schedules are propelling the worldwide frozen fruits and vegetable industry. Furthermore, frozen fruits are gaining popularity in the market as a result of their perceived ability to boost human immunity.
Market Segmentation:
The global frozen fruits and vegetable market is expanding, with new market segments such as frozen fruits and vegetable types, categories, formats, distribution methods, and regions. The market is divided into two categories based on the type of frozen fruits and vegetables sold: fruits and vegetables. Organic and conventional frozen fruits and veggies are two types of frozen fruits and vegetables available. Because customers prefer frozen fruits and vegetables to enhance their immune systems, both organic and conventional frozen food products are predicted to bring in greater frozen fruits and vegetable market revenue.
Following that, the frozen fruits and vegetable market is divided into many forms, such as whole, sliced diced, and others. Because the items are preserved and stored in the aforementioned ways, they are easier to prepare and take less time to prepare than fresh foods. The frozen fruits and vegetable market is further divided into store-based and non-store-based products based on distribution channels. The global frozen vegetable and frozen fruit market are divided into several market regions, with North America, Europe, Asia Pacific, and the rest of the world is the most important.
Regional Classification:
North America is likely to dominate the frozen fruits and vegetable market because of its advanced and well-established cold chain infrastructure and services. Furthermore, the region's frozen fruit and vegetable business is predicted to grow as a result of the population's increasing disposable income. The frozen fruit and vegetable market in Asia-Pacific is predicted to grow at the quickest CAGR due to increased food demand as a result of the region's rapidly growing population. In addition, the frozen fruit and vegetable market is expected to increase as the region's lifestyle and consumer food tastes change. The rising food service business in several South American countries is expected to drive up global demand for frozen fruits and vegetables.
Competitive Landscape:
As per the global analysis of the Key Frozen Fruits and Vegetables Market Players share, there can be seen an increasing competition around the global market. And some of the major key players are:
- HJ Heinz (US)
- Findus Sverige AB (Sweden)
- Ardo NV (Belgium)
- Simplot Australia PTY Ltd. (Australia)
- Dole (US)
- Pinnacle Foods Corp. (US)
- General Mills (US)
- Bondeulle Group (France)
- Capricorn Food Products India Ltd. (India)
- SunOpta Inc. (Canada)
- Alasko Foods Inc. (Canada)
- Fruktana Ltd. (North Macedonia)
- AXUS International LLC (US)
- Breukers Schamp Foods (Netherlands)
- Rasanco Ltd. (UK)
Industry News:
The need for ready-to-eat foods is driving the global frozen fruits and vegetable market. These items are gaining popularity due to the various advantages they provide over fresh vegetables. Year-round availability and convenience, regardless of the season, are two of these advantages increased desire for fresh and organic foods could be a key restraint on the frozen fruits and vegetable market. Increased market share for frozen fruits and vegetables necessitates the use of cold chain logistics. However, creating a cold chain infrastructure can be a big barrier for many countries, preventing them from selling safe frozen food.
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