Frozen Fruits and Vegetables Market Size, Share, Top Brands and Growth Forecast During 2024-32
According to the latest report by IMARC Group, titled “Frozen Fruits and Vegetables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the Frozen Fruits and Vegetables Market?
The global frozen fruits and vegetables market size reached US$ 27.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 33.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.3% during 2024-2032.
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What is Frozen Fruits and Vegetables?
Frozen fruits and vegetables are products that have been picked and immediately frozen to preserve their nutritional value and flavor. This process allows consumers to enjoy fresh produce year-round, even when the fruits and vegetables are out of season. One of the key features of frozen fruits and vegetables is their convenience. They are pre-cut and pre-washed, thus making meal preparation quicker and easier. Frozen fruits and vegetables have a longer shelf life than their fresh counterparts, thus reducing food waste and saving money in the long run.
Frozen Fruits and Vegetables Market Trends:
Frozen fruits and vegetables are employed in various industries, such as food and beverage and hospitality. This represents one of the key factors driving the market growth. Moreover, an increasing demand for healthy, convenient, and affordable food products. In line with this, the increasing prevalence of lifestyle diseases and the rising health consciousness among individuals are contributing to the market growth. The cost-effectiveness and convenience of usage associated with frozen fruits and vegetables are further facilitating their demand, thus driving the market growth. Other factors, such as rising disposable income, rapid urbanization, steadily increasing working population base, and the easy product availability across various distribution channels, are creating positive outlook for the market.
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Leading Companies Operating in the Global Frozen Fruits and Vegetables Industry:
- Dole Food Company, Inc
- Ardo NV
- HJ Heinz
- Simplot Australia Pty. Ltd
- General Mills
Key Market Segmentation:
The report has segmented the frozen fruits and vegetables market on the basis of product type, distribution channel and region.
Breakup by Product Type:
- Frozen Fruits
- Frozen Vegetables
Breakup by Distribution Channel:
- Business-to-Consumer (B2C)
- Supermarkets/Hypermarkets
- Independent Retailers
- Convenience Stores
- Online
- Others
- Business-to-Business (B2B)
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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