About Frozen Carrot
The carrot is a root vegetable that is often claimed to be ideal for wellness. It's crispy, tasty, and very nutritious. Carrots come in a variety of colors, including yellow, white, orange, red, and purple. Carrots are a particularly good source of beta-carotene, fiber, vitamin K1, potassium, and cancer preventatives. They nourish for weight loss and have been linked to lower cholesterol and improve eye wellbeing. Frozen carrots are one of the most versatile vegetables. Its taste is similar to that of a fresh carrot, along with all of the nutrients it contains. Frozen carrots are also as healthy as fresh carrots. Frozen carrots can also be used as a juice or cut into sticks if you plan to consume them for raw snacks.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Frozen Carrot 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.
Grimmway Enterprises (United States), Oxford Frozen Foods (Canada), Bonduelle (France), Orogel S.p.A. (Italy), Hortex (Poland), Watties (New Zealand), McCain Foods (Canada), Pinnacle Foods (United States), Riviana Foods (United States), Greenyard Frozen (Belgium) and Mancunian Foods (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sinonut (China), Grace Food Company (Jamaica), Xiamen Sharp Dragon International (China) and Sangram Foods (India).
Segmentation Overview
AMA Research has segmented the market of Global Frozen Carrot market by Type (Whole, Sliced & Cubed and Others), Application (Individual and Commercial [ Hotels, Restaurants]) and Region.
On the basis of geography, the market of Frozen Carrot 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 Nature Of Product, the sub-segment i.e. Organic will boost the Frozen Carrot 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 will boost the Frozen Carrot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Size, the sub-segment i.e. 250gm will boost the Frozen Carrot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapidly Growing Food Service Industry and The Increasing Concern for Healthy Foods, Consumers Are Now Shifting From Canned Food towards Frozen Foods
Market Growth Drivers:
Increase in the Usage of Products Having More Shelf Life by Inhibiting the Growth of Micro-Organisms, Rising Retail Network Worldwide, Easy Availability of Frozen Vegetable and Increasing Per Capita Disposable Income Coupled With Changing Lifestyle
Challenges:
Rising Concern among Population about the Nutritional Content in Frozen Carrots
Restraints:
Lack of Freezing Facilities in Rural Areas
Opportunities:
Technological Advancement and Development in Freezing Technologies and The Significant Upsurge in the Number of Big Retail Chains, Especially Supermarkets and Hypermarkets
Market Leaders and their expansionary development strategies
In October 2023, Frosty Fields and Crunchy Crisps Join Forces. Major players Frosty Fields and Crunchy Crisps announced a strategic merger, aiming to become the global leader in frozen carrot production. The combined entity promises increased efficiency, innovation, and a wider variety of frozen carrot products.
In December 2023, Crisp & Cool launched a new line of spiralized frozen snow peas, catering to the growing demand for convenient and healthy veggie alternatives. Available in various flavors, these peas promise a fun and nutritious twist on mealtime.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of AFrozen Carrot, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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.