DUBLIN--(BUSINESS WIRE)--The "Global Frozen Fruits & Vegetable Products Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.
This report offers a complete insight into frozen fruits and vegetable products with the historical and forecasted analysis including top profiled companies. The expanding working population drives the global frozen fruits and vegetable market globally, which has prompted changes in food habits for individuals.
Companies Mentioned
- General Mills Inc.
- Kraft Heinz Company
- McCain Foods Limited
- Conagra Brands, Inc
- Nomad Foods
- Iceland Food
- Al Kabeer Group
The frozen fruits and vegetable market is growing at a very rapid rate because of increasing consumer's preference for fresh fruits and vegetables. Global fruits & vegetables market is anticipated to expand with more than 5% of CGAR during the forecast period. In addition to that, a shift has been observed globally among the consumers towards frozen fruits and vegetables due to many consumers opting to be vegan.
Since the last couple of years, a major transformation has been observed, as the consumers are more and more opting for a frozen vegetable as substitute food products for carbohydrates & fibers. This growing adaption has enabled the manufacturers to innovate the products, making them enrich with specific dietary requirements such as dairy-free, vegan, sugar-free, gluten-free, plant-based products.
Further, frozen fruits and vegetables are rapidly gaining traction among consumers as they offer a wide range of advantages over the fresh produce. The technique employed in freezing fruits and vegetables assists in retaining the color, flavor and nutritive value of these products. It slows down the decomposition by turning the residual moisture into ice, which prevents the growth of bacteria. Frozen fruits and vegetables are also immune to spoilage that occurs on account of vigorous transportation and exposure to light, heat and dust. They offer numerous benefits which include low cost, easy preparation and availability during the off-season.
Cold chain infrastructure is the major driving factor of frozen fruits and vegetables market size. Since frozen fruits and vegetables contain higher shelf life and can be easily prepared to eat with less effort, frozen fruits and vegetables market growth start to boost. As the foodservice industry is growing at a global level, the application of digitalization in the industry is also making it convenient for consumers to pick out their preferred products and try out many new ones relying on other consumers' reviews. As more and more people are using the internet and smartphone, retail grocery shopping is getting popular frozen fruits and vegetables market as well as frozen fruits and vegetables market revenue.
Many developing countries are posing great opportunities for investing in the frozen fruits market as many consumers in the urban areas are rising in acceptance of this convenient lifestyle of consuming frozen food. Due to many beneficial factors in frozen food products in comparison to fresh products, there is an increasing demand in the global market. Various market entities are also catering to that demand, providing a generous amount of growth opportunities in the global frozen fruits and vegetables market forecast.
COVID-19 Impact:
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of frozen fruits and vegetables. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The outbreak of Corona-virus disease (COVID-19) has acted as a massive restraint on the frozen and fruit & vegetable market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. However, it is expected that the frozen and fruit & vegetable market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Economic /Demographic Snapshot
5. Global Frozen Food Market Outlook
5.1. Market Size By Value
5.2. Global Frozen Potato Market Outlook
5.3. Global Frozen Fruits & Vegetables Market Outlook
5.4. Global Frozen Ready Meals Market Outlook
5.5. Global Frozen Meat & Poultry Market Outlook
5.6. Global Frozen Fish/Seafood Market Outlook
5.7. Market Share
5.7.1. By Region
5.7.2. By Company
5.7.3. By Product Type
5.7.4. By Freezing Technique
5.7.5. By End User
5.7.6. By Sales Channel
6. North America Frozen Fruits & Vegetables Market Outlook
7. Europe Frozen Fruits & Vegetables Market Outlook
8. Asia-Pacific Frozen Fruits & Vegetables Market Outlook
9. Latin America Frozen Fruits & Vegetables Market Outlook
10. Middle East Frozen Fruits & Vegetables Market Outlook
11. Africa Frozen Fruits & Vegetables Market Outlook
12. Policy and Regulatory
13. Market Dynamics
13.1. Market Drivers
13.2. Market Challenges
14. Market Trends and Developments
15. Competitive Landscape
15.1. Porters Five Force Model
15.2. Company Profiles
16. Strategic Recommendations
17. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/2o4i29
