Competitive Landscape:
Prominent players, as per the report of the MRFR, to influence the frozen fruits and vegetables market are Dole (U.S.), Pinnacle Foods Corp. (US), HJ Heinz (US), Ardo NV (BelgiumGeneral Mills (U.S.), Findus Sverige AB, (Sweden), Simplot Australia PTY Ltd (Australia), Bonduelle Group (France), and others. Strategic innovations do play significant roles in the growth of the market, and these market behemoths involve themselves by launching several tactical moves such as merger, acquisition, product launch, and others.
Recently, it was noted that millennials had increased their intake of the frozen fruits owing to which the Frozen Fruits and Vegetables Market is gaining a fresh lease of life. In 2018, Dugout Ventures also announced their intention to invest in Luvo, a startup that was focusing on the manufacturing of frozen foods and vegetables. This can help the company take the big leap of entering the giant’s league with a lot of product innovations.
Overview:
Market Research Future (MRFR), in their latest report on the frozen fruits and vegetables market, revealed that the said market is expected to gain robust growth during the forecast period (2018-2027). Frozen fruits and vegetables are often collected when they are at their peak of ripeness. Then methods like picking, washing, blanching, and freezing follow before being sent for packaging. The entire process is done within a few hours from picking to store its maximum nutrition value. It has far better scope to penetrate the market as the loss incurred during the transportation of the fresh fruits and vegetables can be ignored as it would be minimal in the case of frozen fruits and vegetables transportation. The demand for such products is on the rise as smoothie-makers, and the confectionary segment is constantly looking out for such innovative products. This preference can give the leaders much mileage during the forecast period and push the Frozen Fruits and vegetables market forward.
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Segmental Analysis:
MRFR in their analysis of the frozen fruits and vegetables market segments it by Type, Form, Packaging, and Application to provide a holistic understanding of the market in the coming years.
Type
- Fruits
- Vegetables
Form-wise
- Whole
- Pureed
- Dried
Packaging
- >10-15 kgs
- 15-30 kgs
- >30 kgs
Application-wise
- Fruit- fruit juices & smoothies
- Salads & desserts
- Breakfast cereals
- Yogurts
- Bakery foods
Reasons to buy
- This report includes in-depth study analysis of frozen fruits and vegetables market
- It covers market segmentation by type, sub-type, form, packaging and application
- It helps in identifying region-wise major suppliers and understand consumption patterns
- The report will provide useful and premium insights that will support in investments for frozen fruits and vegetables and allied companies providing details on the fast growing segments and regions
- 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.
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Key Findings:
- Increase in demand for confectionery, bakery and dairy products specifically in berries will drive demand for kiwi and apricots among the frozen fruit segments
- Increase in demand for RTE foods will drive demand for frozen spinach and other legumes among the frozen vegetable segments
- 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
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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