About Frozen Peas
Frozen Peas are freeze for preservation. Freezing is one of the most widely used procedures of food preservation that recollects the texture, taste, and nutritional value of peas for a long time period. Freezing peas ceases the growth of microorganisms, decreases chemical and cellular metabolic reactions, providing a significantly longer shelf life. An increase in the number of working women worldwide has led to growth in ready-to-eat food.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.1% |
The intense competition, changing consumer spending patterns, demographic trends, and increasing investments by key players pose significant growth opportunities for the global bio simulation market in forecast years. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Frozen Peas 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.
McCain Foods (Canada), Woolworths (Australia), Pinnacle Foods (United States), Walmart (United States), Morrisons (United Kingdom), B&G Foods (United States), Waitrose (United Kingdom), Meijer (United States), Wattie's (New Zealand) and Bonduelle (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Food Club (United States) and AmbyFresh (India).
Segmentation Overview
AMA Research has segmented the market of Global Frozen Peas market by Type (Sweet peas, Green peas and Others) and Region.
On the basis of geography, the market of Frozen Peas 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 Distribution Channel, the sub-segment i.e. Offline (Supermarkets, Convenient stores) will boost the Frozen Peas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Food Service Industry will boost the Frozen Peas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand of Ready to Eat Food Products and Adoption of Online Distribution Channels
Market Growth Drivers:
Emergence of Large Retail Chain and Increasing Demand Due To Busy Lifestyle
Restraints:
Negative Perception Regarding Nutrition Content in frozen Pees and Worst Refrigeration Facilities
Opportunities:
Increasing Disposable Income in Developing Nations
Market Leaders and their expansionary development strategies
In November 2023, HIPPEAS® is spreading the Peas & Love with the launch of themed snacks from Illumination's new feature film Migration this holiday season! Illumination, creators of The Super Mario Bros. Movie, Minions, Despicable Me, Sing and The Secret Life of Pets invites you to take flight into the thrill of the unknown with a funny, feathered family vacation like no other in the action-packed new original comedy, Migration, which arrives in theaters.
In December 2023, Alliance has launched new product namely ‘Green Peas’ in the retail market of Chhattisgarh. The launch ceremony took place in Raipur (Chhattisgarh) and marked a significant milestone for its organization. The company has embarked on an aggressive sales strategy to introduce 'Green Peas’ to consumers in the Chhattisgarh market.
Key Target Audience
Frozen Peas Distributors/Traders/Wholesalers, Government Regulatory Bodies, Government and Private Research Organization 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.