Frozen Vegetables Market size was estimated at $xx Million in 2020 and is expected to reach $xx Million by 2027, growing at a CAGR of 9.3% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Frozen Vegetables Market Growth and Trends
Frozen vegetables have their temperatures reduced and maintained below the freezing point so as to make their transportation and storage easier. There has been increased preference for frozen vegetables among consumers because in terms of nutrition, frozen vegetables contain more nutrition than fresh vegetables. They are also available throughout the year hence have helped maintain the prices of seasonal vegetables. Improving living standards and increasing disposable income of people around the globe has tremendously increased the purchasing power of frozenvegetables customers, this has also significantly helped in the growth of the frozen vegetables market. Changing food habits especially among people living in urban areas who prefer ready-to-eat and easy to cook foods has boosted the demand for frozen vegetable products across the world. Increase urbanization especially in developed and developing countries has seen upsurge in the number of supermarkets and hypermarkets which have supported worldwide growth of the frozen vegetables market. However, lack of appropriate refrigeration facilities especially in rural and semi-urban areas has negatively affected the importation and exportation of frozen vegetables hence hindering its market growth. Finally perception among consumers, that frozen vegetables have low nutritional value has also hindered the markets rise.
Frozen Vegetables Market Regional Analysis
The global frozen vegetables market is projected to rise to an estimated value of $38.50 billion by the year 2026. This growth is bound to happen following an increased demand for frozen food and changing lifestyles among the global population. Europe dominates the largest share of the market, with Germany being the major player. North America follows closely with the United States holding the biggest share in this region. There is anticipated growth of demand patterns in emerging countries in Latin America, Asia-Pacific and the Middle East. Companies fuelling this growth include AJINOMOTO CO., EUROPASTRY, General Millers Inc., The Kraft Heinz Company, Aryzta AG, Flower Foods, Amy’s Kitchen and Iceland Foods Ltd.
Frozen Vegetables Market Share and Competition
Key companies operating in this industry are: Ardo Group, Birds Eye Foods, Bonduelle, ConAgra Foods, Lamb Weston, Findus Sweden, Geest Limited, Gelagri Bretagne, Green Giant, H.J. Heinz, Hajdufreeze, McCain Foods, NG Fung Hong, Pinguin and Simplot Australia Pty.
Frozen Vegetables Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Frozen Potatoes
• Frozen Broccoli
• Frozen Apricot
• Frozen Corn
• Frozen Spinach
• Other
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Hypermarkets and Supermarkets
• Independent Vegetable Market
• Other
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Frozen Vegetables Market Companies
• Ardo Group
• Birds Eye Foods
• Bonduelle
• ConAgra Foods
• Lamb Weston
• Findus Sweden
• Geest Limited
• Gelagri Bretagne
• Green Giant
• H.J. Heinz
• Hajdufreeze
• McCain Foods
• NG Fung Hong
• Pinguin
• Simplot Australia Pty
Available Versions:-
United States Frozen Vegetables Market Research Report
Europe Frozen Vegetables Market Research Report
Asia Pacific Frozen Vegetables Market Research Report
India Frozen Vegetables Market Research Report
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