Global Frozen Fruits & Vegetables Market Market Overview:
Frozen food is the concept of keeping food frozen to prevent it from spoiling. This helps preserve the quality and texture of meat and poultry products. They can easily preserve the flavor of food while preserving its nutritional value and texture. The frozen fruits and vegetables market trend is really increasing as they are readily available in the market at affordable prices. Frozen fruits and vegetables are kept chilled below freezing point prior to shipping and stored until ready to eat. This increase in freezing temperature inhibits microbial growth and extends shelf life. The rising popularity of various easy-to-cook foods drives the frozen fruits and vegetable market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Demand for Organic and Sustainable Products along with Wide Use of E-Commerce Portals
Market Growth Drivers:
Rising Preference for Experiencing Different Food Commodities, Increasing Number of Working Population across the Globe and Increasing Hectic Lifestyle and Rising Popularity of Various Easy-To-Cook Foods.
Challenges:
Government Regulations Towards the Procurement of Frozen Fruits and Vegetables Raw Material
Restraints:
High Costs Associated With the Acquisition of Freezing Equipment and Frozen Foods Contain Various Types of Preservatives that affects the Human Body
Opportunities:
Rising Development of New Frozen Fruit and Vegetable Equipments Such As Blend, Smoothie Mixes, And Ready-To-Cook Meals Kits.
Competitive Landscape:
The frozen Fruits & Vegetables Market is a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge.
Some of the key players profiled in the report are Dole Food Company, Inc. (Ireland), Ardo NV (Europe), HJ Heinz (United States), Simplot Australia Pty. Ltd (Australia), General Mills (United States), ConAgra Foods, Inc. (United States), Pinnacle Foods, Inc. (United States), Bellisio Foods, Inc. (United States), Hanover Foods Corp. (United States) and Lakeside Foods Inc. (United States). Considering Market by Form , the sub-segment i.e. Whole will boost the Frozen Fruits & Vegetables Market market. Considering Market by Category , the sub-segment i.e. Organic will boost the Frozen Fruits & Vegetables Market market. Considering Market by Distribution Channel, the sub-segment i.e. Online Retailing will boost the Frozen Fruits & Vegetables Market market. Considering Market by Type , the sub-segment i.e. Frozen Fruits (Citrus Fruits, Tropical Fruits, Berries, Melons, Apples & Pears, Others) will boost the Frozen Fruits & Vegetables Market market.
Latest Market Insights:
In February 2021, Total Producer, Dole Food Co. merged into a new US publicly traded company, Dole Plc. A merger has been agreed in the global fruit and vegetable sector, creating a new US-listed corporation from the two category leaders. For the purpose of bringing together Dole and Total Produce under joint ownership, fully integrating the existing structures between the two companies, and realizing synergies and value creation across our extended business;
In June 2019, the Kraft Heinz Company took advantage of the healthy snacking trend and launched a new line of "Spoon Smoothies" called Fruitlove. The new launch combines creamy yogurt with the benefits of real fruits and veggies and features a convenient green spoon served with a smoothie bowl. The launch comes as snacks and to-go meals become part of everyday life for consumers who increasingly demand healthy, convenient options.
What Can be Explored with the Frozen Fruits & Vegetables Market Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Frozen Fruits & Vegetables Market Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Frozen Fruits & Vegetables Market
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Frozen Fruits & Vegetables Market market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Frozen Fruits & Vegetables Market market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Frozen Fruits and Vegetable Distributors, Suppliers and Retailers, Potential Investors, End User, New Entrants and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.