Global Frozen Vegetables Market Overview:
Frozen vegetables are those products which can be stored at a low temperature below freezing point and used over a long period of time. Freezing also helps in preserving the essential nutrients in a vegetable, such as carotenes, which are essential to synthesize vitamin A in the body. Frozen vegetables have advantages that they are available when there is a shortage of fresh vegetables in markets and the brands contain little or no added salt because the freezing process itself is able to stop bacterial growth. Increase in working population tied with hectic work schedule and improving living standards results in higher consumption of frozen vegetables
As per latest study released by AMA Research, the Global Frozen Vegetables market is expected to see growth rate of 3.8%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
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:
Increasing Trade of Processed Food
Market Growth Drivers:
Increase in Demand and Consumption of Frozen Foods in Emerging Countries, Increase in Disposable Income and Change in Lifestyle & Food Habits and A rise in Participation of Females in the Workforce
Challenges:
High Prices for Frozen Vegetables. and Maintaining High Quality and Nutrients of Frozen Foods.
Restraints:
Negative Consumer Perception Related to Nutritional Content in Frozen Vegetables and Poor Freezing Facilities in Semi-Urban & Rural Areas
Opportunities:
Advancements in Freezing Technologies
Competitive Landscape:
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Some of the key players profiled in the report are B&G Foods (United States), H.J. Heinz Company (United States), Unilever (United Kingdom), Kerry Group (Ireland), Pinnacle Foods (United States), ConAgra Foods (United States), Ardo Group (Belgium), Birds Eye Foods (United States), Findus Sweden AB (Sweden) and Geest Limited (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Green Giant (United States), Greenyard (Belgium), Bonduelle (France), Lamb Weston (United States), Gelagri Bretagne SA (France), Nomad Foods (United Kingdom) and Dole Food (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Frozen Vegetables market by 2030. Considering Market by End User, the sub-segment i.e. Food Service Industry will boost the Frozen Vegetables market.
Latest Market Insights:
In February 2024, Green Giant, a major frozen vegetable brand, announced a partnership with Impossible Foods to develop a line of plant-based protein blends featuring their Impossible Burger alongside frozen vegetables.
In March 2024, Birds Eye, another leading frozen food company, launched a new line of riced cauliflower blends featuring flavors like Southwest Style and Cheesy Broccoli Rice.
What Can be Explored with the Frozen Vegetables Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Frozen Vegetables Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Frozen Vegetables
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 Vegetables 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 Vegetables 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 Vegetables manufactures, Frozen Vegetable distributors, Frozen Vegetable retailers, Organic Vegetable Shoppers 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.