Europe Frozen Fruits Market size worth over USD 1.00 billion

As per the syndicated report published by Market Data Forecast Europe Frozen Fruits Market which is estimated to be USD 0.76 Billion in 2016 is poised to reach USD 1.00 billion by 2021, at a CAGR of 5.68% from 2016 to 2021.
It can attribute to the factors such as availability of an extensive range of frozen fruit products, shifting customer purchasing patterns, and introduction of products with high nutritional value. In addition, the rising population of working women has prompted the need for ready to eat convenience food, thereby replacing the conventional home cooked food. However, heavy presence of sodium and artificial preservatives in frozen foods, high price rates, and loss of natural aromas are some of the factors hindering the growth of the market in this region.

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To give brief idea Frozen Fruits consist of high levels of vital vitamins and potentially useful antioxidants as compared to the fresh ones, and help in protecting against the heart diseases. Frozen Fruits are conserved at a temperature usually below -9.5°C, at which all moisture is in the solid condition. This averts the advance of microorganisms, decelerates decomposition, and in turn aids in keeping fruits fresh for a prolonged period. High upkeep and logistics cost at a cryogenic temperature for these foods are expected to pose a problem for the companies in this market.

Europe Frozen Fruits Market is segmented based on application, Product type, and Technique as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.

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By Application:
• Confectionery & Bakery
• Jams & preserves
• Fruit-based Beverages
• Dairy
• Other Applications

By Product type:

• Citrus fruits
• Red fruits & berries
• Tropical fruits

By Technique:

• Freeze drying
• IQF

The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe is the largest market due to the high intake of Frozen Fruit items. The European market leads the global industry and accounted for over 30% of the total revenue in 2016.

User predilection towards hygiene related frozen products combined with the new trend of online grocery purchase are anticipated to have a progressive impact on the regional growth during the forecast period. Additionally, the European Food Safety Authority is also striking a limit on the usage of artificial flavors, additives, and other contact substances, which is further expected to drive the market in this region.

This industry is extremely influenced by the macro-economic state of an economy, as the intake of frozen fruit products drop sharply due to economic slumps. The major companies dominating the Frozen Fruits market in this region are Pinnacle Foods Inc., Welch Foods, Ardo NV, SunOpta Inc., Kendall Frozen Fruits Inc., Uran Food Group Limited, Kerry Group Plc., Nestle, ConAgro Foods Inc. and General Mills.

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The Europe Frozen Fruits Market study offers the following deliverables:
• Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
• Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
• Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses
• Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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