Major players in the frozen fruit and vegetable market include Tyson Foods Inc., Nestle SA, Conagra Brands, Kraft Heinz Company, General Mills Inc., McCain Foods, Ajinomoto CoInc., and TableMark.
The global frozen fruit and vegetable market is expected to grow from $458.36 billion in 2021 to $504.37 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The frozen fruit and vegetable market is expected to grow to $641.03 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%.
The frozen fruit and vegetable market consists of sales of frozen fruit and vegetables by entities (organizations, sole traders, and partnerships) that produce frozen and canned fruit and vegetables. This market does not include unprocessed fruit and vegetables which are part of the agricultural market. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Freezing helps retain the nutrient content of fruits and vegetables.
The main types of frozen fruit and vegetable are frozen specialty food manufacturing, frozen fruit juice, and vegetable manufacturing. Frozen specialty food manufacturing refers to not specified by kind, a catch-all category (10%) the components of which are undefined. The distribution channels are online and offline. The various applications involved are confectionery and bakery, jams and preserves, fruit-based beverages, dairy, and other applications.
The regions covered in frozen fruit and vegetable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
With the increasing demand for quick frozen meals, change in eating habits of consumers, rise in urbanization, a growing number of working women, and advances in freezing technologies, the scope and potential for the global frozen fruit and vegetable market are expected to significantly rise in the forecast period. For instance, in 2021, according to World Economic Forum data, a Switzerland-based international non-governmental and lobbying organisation, there will be 4 billion people in the global consumer class with urbanization continuing to rise steadily throughout the next decade. Individual quick freezing (IQF) technology and innovative packaging for frozen foods are the major trends witnessed in the global frozen fruit and vegetable market.
In September 2021, Nomad Foods, a UK-based food company acquired Fortenova Group’s frozen food business for a deal amount of $641.57 million. Through this acquisition, Nomad Foods is expected to create value for its customers for years to come, building on a solid foundation underpinned by market-leading brands, operational excellence, and a strategic focus on frozen food. Fortenova Group is a Croatia-based company that operates in the frozen food business.
The countries covered in the frozen fruit and vegetable market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam.
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The global frozen fruit and vegetable market is expected to grow from $458.36 billion in 2021 to $504.37 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The frozen fruit and vegetable market is expected to grow to $641.03 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%.
The frozen fruit and vegetable market consists of sales of frozen fruit and vegetables by entities (organizations, sole traders, and partnerships) that produce frozen and canned fruit and vegetables. This market does not include unprocessed fruit and vegetables which are part of the agricultural market. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Freezing helps retain the nutrient content of fruits and vegetables.
The main types of frozen fruit and vegetable are frozen specialty food manufacturing, frozen fruit juice, and vegetable manufacturing. Frozen specialty food manufacturing refers to not specified by kind, a catch-all category (10%) the components of which are undefined. The distribution channels are online and offline. The various applications involved are confectionery and bakery, jams and preserves, fruit-based beverages, dairy, and other applications.
The regions covered in frozen fruit and vegetable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
With the increasing demand for quick frozen meals, change in eating habits of consumers, rise in urbanization, a growing number of working women, and advances in freezing technologies, the scope and potential for the global frozen fruit and vegetable market are expected to significantly rise in the forecast period. For instance, in 2021, according to World Economic Forum data, a Switzerland-based international non-governmental and lobbying organisation, there will be 4 billion people in the global consumer class with urbanization continuing to rise steadily throughout the next decade. Individual quick freezing (IQF) technology and innovative packaging for frozen foods are the major trends witnessed in the global frozen fruit and vegetable market.
In September 2021, Nomad Foods, a UK-based food company acquired Fortenova Group’s frozen food business for a deal amount of $641.57 million. Through this acquisition, Nomad Foods is expected to create value for its customers for years to come, building on a solid foundation underpinned by market-leading brands, operational excellence, and a strategic focus on frozen food. Fortenova Group is a Croatia-based company that operates in the frozen food business.
The countries covered in the frozen fruit and vegetable market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam.
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Table of Contents
1. Executive Summary2. Report Structure7. Frozen Fruit And Vegetable Market Trends And Strategies21. Key Mergers And Acquisitions In The Frozen Fruit And Vegetable Market25. Copyright And Disclaimer
3. Frozen Fruit And Vegetable Market Characteristics
4. Frozen Fruit And Vegetable Market Product Analysis
5. Frozen Fruit And Vegetable Market Supply Chain
6. Frozen Fruit And Vegetable Market Customer Information
8. Frozen Fruit And Vegetable Market Size And Growth
9. Frozen Fruit And Vegetable Market Regional Analysis
10. Frozen Fruit And Vegetable Market Segmentation
11. Frozen Fruit And Vegetable Market Segments
12. Frozen Fruit And Vegetable Market Metrics
13. Asia-Pacific Frozen Fruit And Vegetable Market
14. Western Europe Frozen Fruit And Vegetable Market
15. Eastern Europe Frozen Fruit And Vegetable Market
16. North America Frozen Fruit And Vegetable Market
17. South America Frozen Fruit And Vegetable Market
18. Middle East Frozen Fruit And Vegetable Market
19. Africa Frozen Fruit And Vegetable Market
20. Frozen Fruit And Vegetable Market Competitive Landscape
22. Market Background: Food And Beverages Market
23. Recommendations
24. Appendix
Executive Summary
Frozen Fruit And Vegetable Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global Frozen Fruit And Vegetable market.This report focuses on Frozen Fruit And Vegetable market which is experiencing strong growth. The report gives a guide to the Frozen Fruit And Vegetable market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the Frozen Fruit And Vegetable? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Frozen Fruit And Vegetable market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Frozen Fruit And Vegetable market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of them
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The Psychiatrists market section of the report gives context. It compares the Psychiatrists market with other segments of the Psychiatrists market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, Psychiatrists indicators comparison.
Scope
Markets Covered:
1) By Type: Frozen Specialty Food Manufacturing; Frozen Fruit Juice, and vegetable manufacturing2) By Application: Confectionery and Bakery; Jams and Preserves; Fruit-based Beverages; Dairy; Other Applications
3) By Distribution Channel: Online; Offline
Companies Mentioned: Tyson Foods, Inc; Nestle SA; Conagra Brands; Kraft Heinz Company; General Mills, Inc; McCain Foods; Ajinomoto CoInc.; TableMark
Countries: USA; South Africa; Turkey; Canada; South Korea; Mexico; Philippines; Singapore; Colombia; India; Austria; Belgium; Denmark; Finland; France; Germany; Ireland; Italy; Norway; Poland; Portugal; Romania; Spain; Sweden; UK; Argentina; Australia; Brazil; Chile; China; Czech Republic; Egypt; Hong Kong; Indonesia; Israel; Japan; Malaysia; Netherlands; New Zealand; Nigeria; Peru; Russia; Saudi Arabia; Switzerland; Thailand; United Arab Emirates; Vietnam; Venezuela
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tyson Foods, Inc
- Nestle SA
- Conagra Brands
- Kraft Heinz Company
- General Mills, Inc
- McCain Foods
- Ajinomoto CoInc.
- TableMark
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | September 2022 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value ( USD | $ 504.37 Billion |
| Forecasted Market Value ( USD | $ 641.03 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
