Individual Quick Freezing (IQF): Global Strategic Business Report

Global Individual Quick Freezing (IQF) Market to Reach $24.8 Billion by 2030

The global market for Individual Quick Freezing (IQF) estimated at US$19 Billion in the year 2022, is projected to reach a revised size of US$24.8 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030. Spiral Freezers, one of the segments analyzed in the report, is projected to record a 3.6% CAGR and reach US$9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Tunnel Freezers segment is readjusted to a revised 3.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 5.9% CAGR

The Individual Quick Freezing (IQF) market in the U.S. is estimated at US$5.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.3 Billion by the year 2030.

Select Competitors (Total 41 Featured) -

• Air Liquide SA
• Air Products And Chemicals, Inc.
• Cryogenic Systems Equipment
• GEA Group AG
• JBT Corporation
• Linde AG
• Marel
• Messer Group GmbH
• Octofrost Group
• PATKOL Plc.
• Scanico A/S
• Starfrost

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year