Dublin, Jan. 17, 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. Frozen Fruits, one of the segments analyzed in the report, is projected to record 3.5% CAGR and reach US$20 Billion by the end of the analysis period. Growth in the Frozen Vegetables segment is estimated at 4.1% CAGR for the next 8-year period.
The World Frozen Fruits and Vegetables Market has experienced notable growth, with a detailed analysis covering annual sales in US$ Thousand from 2014 through 2030. The data is categorized by geographic region, encompassing the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The 16-year perspective, presented in select tables, illustrates the percentage breakdown of value sales for key markets. Additionally, insights into the Business-to-Consumer (B2C) and Business-to-Business (B2B) segments, both offline and online, contribute to a comprehensive understanding of market dynamics. This analysis provides stakeholders with valuable information for making informed decisions in the evolving frozen fruits and vegetables market.
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.
Select Competitors (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 SA
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 |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. 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
2. FOCUS ON SELECT PLAYERS
3. 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
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/55tfhk
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- Frozen Fruits and Vegetables Market
