Global Frozen Fruits and Vegetables Business Analysis Report 2024: Market to Reach $34.3 Billion by 2030 - Rise of Innovative Food Freezing Technologies Amplifies Growth
Frozen Fruits and Vegetables Market
Dublin, April 23, 2024 (GLOBE NEWSWIRE) -- The "Frozen Fruits and Vegetables - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Frozen Fruits and Vegetables Market to Reach $34.3 Billion by 2030
The global market for Frozen Fruits and Vegetables estimated at US$25.5 Billion in the year 2022, is projected to reach a revised size of US$34.3 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030.
The surge in demand for convenience foods has established a robust platform for the expansion of the frozen fruits and vegetables market. This report delves into the global economic landscape, analyzing the competitive dynamics among 185 players worldwide in 2023, categorized based on their market presence ranging from strong to trivial.
It provides an insightful overview of frozen fruits and vegetables, covering their types, value chain, and market outlook. Additionally, the report offers influencer insights, highlighting key factors shaping the market, along with product and technology insights driving innovation in the industry.
Frozen Fruits, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$20 Billion by the end of the analysis period. Growth in the Frozen Vegetables segment is estimated at 4.1% CAGR for the next 8-year period.
Recent market activity is thoroughly examined, shedding light on the latest trends and developments in the frozen fruits and vegetables market. With consumers increasingly seeking convenience without compromising on nutrition, the market for frozen fruits and vegetables is poised for further growth and innovation.
The U.S. Market is Estimated at $6.7 Billion, While China is Forecast to Grow at 5.8% CAGR
The Frozen Fruits and Vegetables market in the U.S. is estimated at US$6.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
Key Attributes:
Report Attribute | Details |
No. of Pages | 660 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $25.5 Billion |
Forecasted Market Value (USD) by 2030 | $34.3 Billion |
Compound Annual Growth Rate | 3.8% |
Regions Covered | Global |
MARKET OVERVIEW
Rise of Convenience Foods Lays a Strong Foundation for the Growth of Frozen Fruits & Vegetables
Global Economic Update
Competition
Competitive Market Presence - Strong/Active/Niche/Trivial for 185 Players Worldwide in 2023 (E)
Frozen Fruits & Vegetables: Overview, Types, Value Chain & Market Outlook
Influencer/Product/Technology Insights
Recent Market Activity
Innovations
MARKET TRENDS & DRIVERS
Development of Cold Chain Infrastructure Drives the Commercial Viability of Frozen Fruits & Vegetables
Rise of Digital Grocery Trend, Set Into Motion by the Pandemic, Pushes-Up Demand for Frozen Fruits & Vegetables
Here's Why Consumer Preference for Frozen Foods is Growing
Growing Awareness & Debunking the Myth of Frozen Foods Being Inferior in Nutritional Quality to Benefit Market Growth
Rise of Innovative Food Freezing Technologies Amplifies Growth in the Market
Innovation in Frozen Food Packaging Remains Crucial for Sustained Growth in the Market
Plant & Vegan Based Food Trends Bode Well for Consumption of Frozen Fruits & Vegetables
Blockchain Emerges Into Spotlight for Its Ability to Enhance Safety of Frozen Fruits & Vegetables
FOCUS ON SELECT PLAYERS(Total 185 Featured)
Ardo NV
Bonduelle Group
Findus Sverige AB
General Mills Inc.
Lamb Weston Holdings Inc.
McCain Foods Limited
Mirelite Mirsa Zrt.
Pinnacle Foods Inc.
Simplot Food Group
The Kraft Heinz Company
Vivartia S.A.
For more information about this report visit https://www.researchandmarkets.com/r/nvovih
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