Global Frozen Fruits and Vegetables Strategic Business Report 2023: Increasing Popularity of Convenience Foods Drives Demand
Global Market for Frozen Fruits and Vegetables
Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Frozen Fruits and Vegetables: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Frozen Fruits and Vegetables estimated at US$26.7 Billion in the year 2022, is projected to reach a revised size of US$32.7 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2022-2030.
Frozen Vegetables, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach US$29.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Frozen Fruits segment is readjusted to a revised 1.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.3 Billion, While China is Forecast to Grow at 4.5% CAGR
The Frozen Fruits and Vegetables market in the U.S. is estimated at US$7.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.
Select Competitors (Total 66 Featured) -
Findus Sverige AB
General Mills Inc.
Lamb Weston Holdings Inc.
McCain Foods Limited
Mirelite Mirsa Zrt.
Pinnacle Foods Inc.
Simplot Food Group
The Kraft Heinz Company
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2020 - 2027
Estimated Market Value (USD) in 2020
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Frozen Fruits and Veggies: Locking Nutrients and Freshness of Produce through Freezing Technique
Recent Market Activity
Frozen Vegetables Dominate the Market
Frozen Fruits Market: Convenience & All-Season Availability Fosters Demand
Developed Markets Dominate, Developing Regions to Spearhead Future Growth
Economy and Frozen Fruits and Vegetables Market - A Perspective
Product Innovations and Growing Consumer Awareness Signals Opportunities
Frozen Fruits and Vegetables: The Value Chain
Key Export & Import Statistics
Frozen Fruits and Vegetables - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Fruits and Vegetables Processing Market - An Overview
Increasing Popularity of Convenience Foods Drives Market Demand
Rising Consumer Awareness Fuels Demand for IQF Fruits
Packaging Makes a Difference
Innovative Marketing - A Key Deciding Factor for Corporate Success
Technological Improvements to Fuel Growth
Study Provides Support for Importance of Frozen Fruits and Vegetables Consumption
Favorable Demographic Trends Strengthen Market Prospects
Increasing Global Population Offers Significant Growth Opportunities
Urbanization: A Mega Trend with Significant Implications for the Food & Beverages Industry
Growing Middle Class Population and Rising Disposable Incomes
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/tctw8i
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