About Frozen Apples
Frozen Apples as the name suggests are raw apples which are frozen, which results in change of their texture and even in taste. The frozen apples are even not advisable to be eaten raw and thus are added in various processed food as well as cooked dishes. Although because of its less awareness as presence of product and relatively higher costs compared to regular apple serves as huge limiting factor for its growth as a product. Frozen apples are made up of either of red color apples, yellow color apples or green color apples with red color apples accounting for larger market share. They are majorly found in the sliced or ring shaped in the market. North America is the dominant most market of the frozen apple.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
Frozen Apples market is a fairly small market, due to less awareness about the product and limited applications of the frozen apple. Higher costs compared to regular apples is also a significant reason for limited growth prospectus of the frozen apple market. Currently, North America is the dominant most market of the frozen apple. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Frozen Apples market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dole Food (United States), Crop's NV (Belgium), Earthbound Farm (United States), Ardo NV (Belgium), Kendall Frozen Fruits Inc. (United States), SunOpta, Inc. (Canada) and Frozen Apples (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Frozen Apples market by Type (Red Color Apple, Yellow Color Apple, Green Color Apple and Others) and Region.
On the basis of geography, the market of Frozen Apples has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Slices will boost the Frozen Apples market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Frozen Apples market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Red Color Apple Accounts for Larger Market Share
Market Growth Drivers:
Rising Popularity for High Nutrition Plant based Diet and Increasing Demand for Longer Shelf Life Enabled Fruits and Vegetables
Challenges:
Less Awareness about the Product
Restraints:
Higher Cost of Frozen Apples than Regular Apples
Opportunities:
Aggressive Marketing on Online Platforms may lead to EXPANSION OF THE Market
Market Leaders and their expansionary development strategies
In 2021, Dole Food Company, Inc., the multinational food corporation specialised in fruit and vegetable production and supply has announced a merger with Ireland based Total Produce plc, which specialises in the fresh produce and supply. After the completion of the merger, the combined entity will be notably one of World’s largest fresh fruits and vegetables manufacturer. The newly created entity will be named as Dole Plc and will be headquartered in Ireland although listed in United States.
In August 2023,
Key Target Audience
Frozen Apples Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.