Frozen Fruits and Vegetables Market Key Players Review and Forecast
iCrowdNewswire Jan 13, 2021 5:00 AM ETMarket Insight
The percentage share of the frozen fruits and vegetables compared to the total consumption of fruits and vegetables is very less. However, the percentage share varies from region to region, comparatively high for developed markets like Europe and U.S. Advancements in technology and improved supply availability in the developing markets like India and China has led to strong growth opportunities for the market. Hence, the frozen fruits and vegetables market is expected reach ~ and is expected to grow at CAGR of more than 5.34% from 2020 to 2024.
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Major Key Players
This report includes a study of strategies, of major Frozen Fruits and Vegetables Market players. It includes the product portfolios, developments of leading major players such as Dole (U.S.), Ardo NV (Belgium), HJ Heinz (US), Simplot Australia PTY Ltd (Australia), General Mills (U.S.), Findus Sverige AB, (Sweden), Pinnacle Foods Corp. (US), and BONDUELLE Group (France).
Regional Analysis
Global Frozen Fruits and Vegetables Market are wasted due to its natural deterioration process, and low-grade storage process. Frozen fruits and vegetables can be preserved for a long period of time due to increase in the shelf-life. Hence the frozen fruits and vegetables market is growing rapidly. North America is emerging market, accounting for 719 kilo tonnes and is expected to grow at a CAGR 1.89% by 2024.
Reasons to buy
- In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report
- The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and also supported by authentic industry data from secondary sources.
Key Findings
- Volume wise market size will continue to be higher under APAC region with more than 50% share. With rise in disposable incomes in India and China and growing demand for healthy foods will drive higher demand for frozen fruits
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