Press release
IQF Fruits Market is Thriving Worldwide 2020 | Trends, Growth and Profit Analysis, Forecast by 2027
IQF Fruits
The global IQF fruits market is growing at substantial rate, owing to the rising popularity of non-seasonal fruits across the globe. In addition to this, growing demand for convenience foods due to busy lifestyle is expected to foster the growth of the market during the forecast period. IQF fruits are available for various product types such as strawberry, peach, prune and blueberry.
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Global IQF Fruits Market - Impact of Coronavirus (Covid-19) Pandemic
There have been unprecedented variations in the global sales of food products owing to the changes in purchase patterns among consumers. Rising trends of bulk buying and stockpiling of convenience foods has led to certain foods being in very limited supply, which in turn has led to price fluctuations in global IQF fruits market. This scenario is expected to hinder the growth rate the market till the early months of 2021.
Detailed Segmentation:
Global IQF Fruits Market, By Product Type:
Strawberry
Peach
Prune
Blueberry
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Market Dynamics
The global IQF fruits market has witnessed significant growth in recent past years, owing to the changing consumer lifestyles which have led to a shift in food preference. For instance, growing demand for processed and convenience foods is expected to fuel the growth of the global IQF fruits market during the forecast period. Further, individual quick freezing (IQF) process is applied to smaller pieces of fruits where the fruit pieces undergo fast freezing individually and avoids formation of larger ice crystals.
Major players in the global IQF fruits market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various product types such as strawberry and peach, among others. This scenario is expected to fuel the market during the forecast period.
Competitive Section:
Company Names
. Nestlé S.A.
. Parmalat S.p.A.
. Danone
. Fonterra Co-operative Group Limited
. FrieslandCampina N.V.
. Arla Foods
. Dean Foods
. Saputo, Inc.
. Coca-Cola Company
. PepsiCo, Inc.
. Mondelez International, Inc.
. Hindustan Unilever Limited
. General Mills, Inc.
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