Frozen Fruits and Vegetables Market Outlook
According to a new report by Expert Market Research titled, “Global Frozen Fruits and Vegetables Market Size, Share, Analysis, Report and Forecast 2024-2032″, the frozen fruits and vegetables market reached a volume of almost USD 31.97 million tons in 2023. Aided by rising demand for ready-to-eat products and busy work schedules of the consumers, the market is projected to further grow at a CAGR of 5% between 2024 and 2032 to reach volume of almost 42.89 million tons by 2032.
Frozen fruits and vegetables are products that undergo a freezing process shortly after being harvested. This method preserves the nutritional integrity of the fresh produce, ensuring that essential vitamins and minerals are retained. This “freshly frozen” approach offers consumers the ability to enjoy seasonal fruits and vegetables all year round, with the added advantage of an extended shelf life.
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A significant factor driving the frozen fruits and vegetables market growth is the global shift towards a fast-paced lifestyle. The urban populace, dealing with the demands of work, travel, and social commitments, often find it challenging to maintain a balance between health and convenience. Frozen fruits and vegetables, with their extended shelf life and minimal preparation time, present a fitting solution to this modern-day challenge.
Moreover, the growing global awareness about food wastage and sustainability is further fuelling the frozen fruits and vegetables market demand. Freezing produce reduces the amount of food that gets discarded due to spoilage, addressing both economic and environmental concerns.
Insightful frozen fruits and vegetables market analysis also pinpoints the expansion of retail sectors, including supermarkets and hypermarkets, as a pivotal force behind market dynamics. These establishments offer a wide variety of frozen products, catering to the diverse palate and preferences of consumers. The rise of online grocery shopping portals, touting delivery convenience and vast product assortments, is another trend amplifying the accessibility and popularity of frozen fruits and vegetables.
Furthermore, frozen fruits and vegetables market trends suggest a surge in demand for organic and non-GMO frozen produce. This shift mirrors the larger global movement towards organic food consumption, driven by increasing health consciousness and environmental concerns. Producers and suppliers need to adapt to these evolving preferences to maintain market relevance.
Continuous adaptation to changing consumer preferences, technological advancements in freezing methods, and effective marketing strategies will further contribute to frozen fruits and vegetables market expansion. As global dynamics shift towards health, convenience, and sustainability, frozen fruits and vegetables are well-positioned to be the go-to solution for modern consumers.
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Frozen Fruits and Vegetables Market Segmentation
The market can be divided based on product type, distribution channel, and region.
Market Breakup by Product Type
- Frozen Fruits
- Frozen Vegetables
Market Breakup by Distribution Channel
- Independent Retailers
- Convenience Stores
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global frozen fruits and vegetables market. Some of the major players explored in the report by Expert Market Research are as follows:
- Dole Food Company Inc
- Conagra Brands, Inc.
- General Mills Inc.
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