According to the latest report by IMARC Group, titled “Frozen Fruits and Vegetables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global frozen fruits and vegetables market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the frozen fruits and vegetables market?
the global frozen fruits and vegetables market size reached US$ 26.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.9 Billion by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
What is frozen fruits and vegetables?
Frozen fruits and vegetables are products that have been picked and immediately frozen to preserve their nutritional value and flavor. This process allows consumers to enjoy fresh produce year-round, even when the fruits and vegetables are out of season. One of the key features of frozen fruits and vegetables is their convenience. They are pre-cut and pre-washed, thus making meal preparation quicker and easier. Frozen fruits and vegetables have a longer shelf life than their fresh counterparts, thus reducing food waste and saving money in the long run.
What are the growth prospects and trends in the frozen fruits and vegetables industry?
Frozen fruits and vegetables are employed in various industries, such as food and beverage and hospitality. This represents one of the key factors driving the market growth. Moreover, an increasing demand for healthy, convenient, and affordable food products. In line with this, the increasing prevalence of lifestyle diseases and the rising health consciousness among individuals are contributing to the market growth. The cost-effectiveness and convenience of usage associated with frozen fruits and vegetables are further facilitating their demand, thus driving the market growth. Other factors, such as rising disposable income, rapid urbanization, steadily increasing working population base, and the easy product availability across various distribution channels, are creating positive outlook for the market.
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Who are the key players operating in the industry?
The report covers the major market players including:
- Dole Food Company, Inc
- Ardo NV
- HJ Heinz
- Simplot Australia Pty. Ltd
- General Mills
Key Market Segmentation:
The report has segmented the frozen fruits and vegetables market on the basis of product type, distribution channel and region.
Breakup by Product Type:
- Frozen Fruits
- Frozen Vegetables
Breakup by Distribution Channel:
- Business-to-Consumer (B2C)
- Supermarkets/Hypermarkets
- Independent Retailers
- Convenience Stores
- Online
- Others
- Business-to-Business (B2B)
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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