Press release
Frozen Fruit and Vegetable Processing Market Growing With: Ardo, BONDUELLE, FINDUS, Gelagri, General Mills, Inc., Greenyard
This Global Frozen Fruit and Vegetable Processing Market report has been formulated with the meticulous efforts of an innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Market-related variables incorporated in this Frozen Fruit and Vegetable Processing Market report such as current market trends, market division, new market section, industry anticipating, future bearings, opportunity analysis, key examination and arranging, target market, experiences and advancement in technology help the organization to grow and expand in the current market scenario. For the clear and better understanding of facts and figures, the data is represented in the form of graphs and charts.Frozen Fruit and Vegetable Processing Market research report assists businesses with intelligent decision making and better manages the marketing of goods which ultimately leads to growth in the business. This global market research report acts as a valued source of information with which businesses can achieve a telescopic view of the current market trends, consumer’s demands and preferences, market situations, opportunities and market status. It helps businesses obtain granular level clarity on current business trends and expected future developments. The principal areas of market analysis such as market definition, market segmentation, competitive analysis and research methodology are studied very vigilantly and precisely throughout the report.
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Global frozen fruit and vegetable processing market is expected to register a substantial CAGR of 8.05% in the forecast period of 2019-2026. Increasing working women population is the major growth factor for the growth of this market. The report contains data of the base year 2018 and historic year 2017.
Market Definition:
The nutrient content of frozen and canned fruits is similar to new fruits and may be greater than fruits in some instances. Food products can be frozen or canned right after harvesting to prevent nutrient loss. The method of canning or freezing may trigger nutrient loss that differs depending on nutrient. When unfrozen food comes in contact with oxygen during transport and storage, nutrient loss may happen while frozen food prevented from nutrient loss.
Key Market Competitors:
Few of the major competitors currently working in global frozen fruit and vegetable processing market are Ardo, BONDUELLE, FINDUS, Gelagri, General Mills, Inc., Greenyard, Lamb Weston Holdings, Inc., McCain Foods Limited, Mirelite Mirsa Zrt., Pinnacle Foods, Inc., J.R. Simplot Company, Simplot Australia Pty Ltd., The Kraft Heinz Company, Vivartia, Nestle, Unilever, Kellogg Co., Associated British Foods plc among others.
Market Drivers
Rise in the number of distribution channels such as supermarkets and hypermarkets will drive the market growth
Growing middle-class population is the driving factor for growth of the market
Increasing disposable income in developing economies such as China, India, and Mexico, will fuel the market growth.
High investments in automation development of processing technology along with freezing and packaging technology worldwide will boost the growth of the market
Market Restraints
Increasing preference for fresh and natural food products may hamper the growth of the market
Rapid freezing eliminates nutrients, such as vitamins, minerals and antioxidants, this is restraining factor of the market growth
Frozen fruits and vegetables may spoil due to vigorous transportation and exposure to heat and light will restrain the growth of the market.
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Segmentation: Global Frozen Fruit and Vegetable Processing Market
By Product
Fruits & Vegetables
Dairy
Meat & Seafood
By Type
Raw Material
Half Cooked
By Distribution Channels
Supermarkets/Hypermarkets
Independent Retailers
Convenience Stores
Online
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In February 2018, Bonduelle announces that it has finalized the acquisition of Del Monte's fruit and vegetable processing business in Canada with Conagra Brands Inc. This shows the required growth of the companies in brand operations and extension into vegetable products.
In November 2017, ITC Limited launched ' Farmland Potatoes’ which are natural low sugar potatoes and natural antioxidant. ITC launched four variants of potatoes—low-sugar potatoes, potatoes with antioxidants, baby potatoes and French fry potatoes. By this product launch the company has extended its product portfolio.
Competitive Analysis:
Global frozen fruit and vegetable processing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of frozen fruit and vegetable processing market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Potential of the report
1. To describe and forecast the Global Frozen Fruit and Vegetable Processing Market, in terms of value, by process, product type, and industry.
2. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
3. The key findings and recommendations highlight crucial progressive industry trends in the Global Frozen Fruit and Vegetable Processing Market, thereby allowing players to develop effective long term strategies
4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Global Frozen Fruit and Vegetable Processing Market
5. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
6. Profiles of key players and brands
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About Data Bridge Market Research
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