About Food Freezer
In food processing, freezing is a way of preserving food by reducing the temperature to prevent the growth of microorganisms. The quality of agricultural goods can be preserved by freezing them for lengthy periods of time. With regard to sensory qualities and nutritional characteristics, freezing is usually regarded as preferable to canning and dehydration as a technique of long-term preservation for fruits and vegetables. A food freezer is used to freeze the food and store it for longer periods of time. A food freezer can be used in both household and commercial applications. Generally, a household freezer is built into a refrigerator but can also be bought free from the refrigerator.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Food Freezer market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Food Freezer market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Freezer 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.
Hussmann Corporation (United States), Haier (China), XINGX (China), AUCMA (China), Industrial Refrigeration Pvt. Ltd. (India), Advanced Equipment Inc. (United States), Hisense (China), Midea (China), Konka (China), Polar King International (United States) and RMI - Airdyne Refrigeration (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Food Freezer market by Type (Air-Blast Tunnel Freezers, Belt Freezers, Fluidized-Bed Freezers, Plate Freezers, Cryogenic Freezers and Others), Application (Vegetable & Fruit, Sea Food, Processed Food and Others) and Region.
On the basis of geography, the market of Food Freezer 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 Sales Channel, the sub-segment i.e. Direct will boost the Food Freezer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Investment in Making Food Freezers Energy Efficient
Market Growth Drivers:
Need for the Technology to Preserve Food for Longer Duration and The demand for Freezers to Prohibit Growth of Micro-Organisms on Food and Maintain its Freshness
Challenges:
Challenging to Make Food Freezers as Environmentally Friendly as Possible and Food Freezer Require Timely Maintenance
Restraints:
High Cost Associated with Commercial Food Freezers
Opportunities:
Rise of Frozen Food Industry Will Boost the Demand of Food Freezers and Increasing Consumption of Seafood Will Increase the Demand for Food Freezer
Market Leaders and their expansionary development strategies
In December 2023, Thrive Foods, a manufacturer of various freeze-dried products including pet foods, announced its acquisition of Canature, a freeze-dried pet food and treat producer, on Dec. 5. Financial terms of the transaction were not disclosed.
In September 2023, Panasonic has launched a new series of convertible refrigerators in India, including a bottom-mounted range and a frost-free model.
According to regulations of the State of Rhode Island, “The internal product temperature of frozen food shall be maintained at 0°F. or lower except when the product is subjected to the above-mentioned conditions; then the internal product temperature shall not exceed 10°F., and such product shall be returned to 0°F. as quickly as possible.”
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Food Freezer Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
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.