The global market for Frozen Fruits and Vegetables was valued at an estimated US$26.5 Billion in 2023 and is projected to reach US$34.3 Billion by 2030, growing at a CAGR of 3.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the frozen fruits and vegetables market is driven by several factors, including technological advancements in freezing methods, increasing consumer demand for convenience foods, and the rising popularity of health-conscious diets. Advances in freezing technology, such as individual quick freezing (IQF), have enhanced product quality by preventing clumping and maintaining the integrity of individual pieces. This has made frozen produce more appealing to consumers who prioritize quality and convenience.
The fast-paced lifestyle of modern consumers, who seek quick and easy meal solutions, has significantly boosted the demand for ready-to-use frozen fruits and vegetables. Additionally, the growing awareness of the nutritional benefits of frozen produce compared to canned alternatives has shifted consumer preferences. The increasing inclination towards plant-based and vegan diets further propels market growth, as these dietary trends emphasize the consumption of a variety of fruits and vegetables. Furthermore, expanding retail distribution channels, including online grocery platforms, have made frozen fruits and vegetables more accessible to a broader audience, contributing to the market`s robust growth trajectory.
The growth in the frozen fruits and vegetables market is driven by several factors, including technological advancements in freezing methods, increasing consumer demand for convenience foods, and the rising popularity of health-conscious diets. Advances in freezing technology, such as individual quick freezing (IQF), have enhanced product quality by preventing clumping and maintaining the integrity of individual pieces. This has made frozen produce more appealing to consumers who prioritize quality and convenience.
The fast-paced lifestyle of modern consumers, who seek quick and easy meal solutions, has significantly boosted the demand for ready-to-use frozen fruits and vegetables. Additionally, the growing awareness of the nutritional benefits of frozen produce compared to canned alternatives has shifted consumer preferences. The increasing inclination towards plant-based and vegan diets further propels market growth, as these dietary trends emphasize the consumption of a variety of fruits and vegetables. Furthermore, expanding retail distribution channels, including online grocery platforms, have made frozen fruits and vegetables more accessible to a broader audience, contributing to the market`s robust growth trajectory.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Frozen Fruits segment, which is expected to reach US$20.0 Billion by 2030 with a CAGR of a 3.5%. The Frozen Vegetables segment is also set to grow at 4.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $6.9 Billion in 2023, and China, forecasted to grow at an impressive 5.8% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Frozen Fruits and Vegetables Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Frozen Fruits and Vegetables Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Frozen Fruits and Vegetables Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ardo Foods NV, Bonduelle Group, Findus Sweden AB, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 185 Featured):
- Ardo Foods NV
- Bonduelle Group
- Findus Sweden AB
- Gelagri Bretagne SA
- General Mills, Inc.
- Greenyard NV
- Harvest Food Group, Inc.
- J.R. Simplot Company
- Lamb Weston Holdings, Inc.
- McCain Foods Limited
- Meel Corp.
- Mirelite Mirsa Zrt.
- Nature’s Touch Frozen Foods Inc.
- Royal Ridge Fruits
- Simplot Australia Pty Ltd.
- SunOpta
- The Kraft Heinz Company
- Titan Frozen Fruit
- Vivartia S.A.
- Wawona Frozen Foods, Inc.
- Unibán
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAJAPANCHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
EUROPE
ASIA-PACIFIC
Companies Mentioned
- Ardo Foods NV
- Bonduelle Group
- Findus Sweden AB
- Gelagri Bretagne SA
- General Mills, Inc.
- Greenyard NV
- Harvest Food Group, Inc.
- J.R. Simplot Company
- Lamb Weston Holdings, Inc.
- McCain Foods Limited
- Meel Corp.
- Mirelite Mirsa Zrt.
- Nature’s Touch Frozen Foods Inc.
- Royal Ridge Fruits
- Simplot Australia Pty Ltd.
- SunOpta
- The Kraft Heinz Company
- Titan Frozen Fruit
- Vivartia S.A.
- Wawona Frozen Foods, Inc.
- Unibán
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 660 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 26.5 Billion |
| Forecasted Market Value ( USD | $ 34.3 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |
