Frozen Fruits and Vegetables Market Size Overview
The market for frozen fruits and vegetables is developing at a slow but steady pace on a global scale, thanks to rising demand. Market Research Future, a company that specialises in market reports for the Food, Beverage, and Nutrition industry, recently predicted in its report on Global Frozen Fruits and Vegetables Market Size Research Report- Forecast to 2022 that the frozen vegetable market will grow at an exceptional CAGR.
The transportation services business in emerging nations has a bright future, and it will play a significant role in the frozen fruits and vegetable market size in the next years. According to 1,100 supply chain executives polled for the 2016 Agility Emerging Markets Logistics Index, emerging markets are predicted to grow at a rate of 4.7 percent in 2016. New growing markets are becoming increasingly important for the supply chain as logistics and manufacturing costs rise in historically popular places such as China. While China remains the top emerging market, the United Arab Emirates (UAE) has moved four positions to take second place. The UAE has a network of 34 free trade zones as well as a business-friendly financial and tax environment. Furthermore, the country has a large pool of low-cost, competent migrant labour, making it a perfect location for logistics centres.
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Global Frozen Fruits and Vegetables Market Size – Competitive Analysis
Cascadian Farm has introduced its first-ever cereal box liner made from renewable plant sources. The inner bag is made from up of 57 percent certified plant-based material. This new liner is an initiative that supports its mission of helping to shape a better world. Agrokor and Ardo signed a Joint Venture agreement that will enable Vinka to become a leading manufacturing plant of frozen fruits and vegetables in Eastern Europe. This joint venture will be the leading manufacturing plant of frozen fruits and vegetables in Eastern Europe.
The key players profiled in Frozen Fruits and Vegetables are 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).
Global Frozen Fruits and Vegetables Market Size – Segments
The global Frozen Fruits and Vegetables Market Size has been divided into type, form, packaging, application, and region.
Because of Type: fruits and vegetables
Based on customer form: whole, puree, topping bar, other processed forms
Based on packaging: <10 kgs, >10-15 kgs,15-30 kgs, and >30 kgs
Based on Application: Fruit- Whole Fruits, Fruit juices & Smoothies, Breakfast Cereals, Salads & Desserts, Bakery Foods, Yoghurt and Others
Vegetable-Whole Vegetables, Pizza Toppings, Salads, RTE (Ready to Eat Foods), Noodles & Pastas, Soups, and Others
Based on Region: North America, Europe, Asia Pacific, and ROW.
Global Frozen Fruits and Vegetables Market Size – Regional Analysis
APAC will witness maximum growth in the mango market followed by North America. Likewise, volume wise market size will continue to be higher under APAC region with 58% share. With increasing disposable incomes in India and China and growing demand for mango frozen and processed products will drive higher demand for mango. Europe will witness maximum growth in the apricots market followed by APAC. Likewise, volume wise market size will continue to be higher under APAC region with major market share. With growing demand for apricots and processed products will drive higher demand for apricots. APAC will witness maximum growth in the frozen vegetables market followed by South America due to increasing disposable incomes in India and China and growing demand for healthy foods will drive higher demand for frozen vegetables.
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