DUBLIN--(BUSINESS WIRE)--The "Frozen Vegetables Market by Product - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering.
The global frozen vegetables market was valued at $25,179 million in 2016 and is expected to garner $34,973 million by 2023, registering a CAGR of 4.7% from 2017 to 2023.
Deep frozen vegetables are products that can be stored and used over a long period of time. Freezing helps to retain the essential nutrients in vegetable, such as carotenes, which are essential to synthesize vitamin A in the body. In addition, to avoid food wastage, meet the needs of the rising population, and keep food businesses competitive and profitable, preservation of food by freezing is adopted by various food manufacturers.
The growth of the frozen vegetables market is driven by increase in demand and consumption of frozen foods in emerging markets of Asia-Pacific such as India and China. Increase in disposable income and change in lifestyle & food habits further boost the market growth. Moreover, rapid increase in number of large retail chains, including hypermarkets and supermarkets, fuels the demand for frozen vegetables. Growth in participation of females in the workforce has increased the dependency on readymade and convenient food products, which in turn increases the demand for frozen vegetables, thereby accelerating the market growth. However, consumer perception about low-nutritional contents in frozen foods and lack of proper refrigeration facilities in semi-urban and rural areas restraint the market growth. Advancements in freezing technologies are expected to provide lucrative opportunities for the market players.
- Aryzta AG
- General Mills
- Kraft Foods
- Ajinomoto Co.
- Cargill Incorporated
- Kellogg Company
- Flower Foods
Key Topics Covered:
Chapter 1 - Introduction
Chapter 2 - Executive Summary
Chapter 3 - Market Overview
Chapter 4 - Global Frozen Vegetables Market, By Product
Chapter 5 - Global Frozen Vegetables Market, By End User
Chapter 6 - Global Frozen Vegetables Market, By Distribution Channel
Chapter 7 - Global Frozen Vegetables Market, By Geography
Chapter 8 - Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/64wr6p/frozen_vegetables