Press release
Frozen Fruit Market by manufacturers, regions, type and application, forecast to 2027
Frozen fruit is one of the healthiest food items that one should consume as it is a rich source of vitamins, antioxidants, and minerals, all of which enhance the overall health. Frozen fruits are a convenient alternative of fresh fruits as this are not available throughout the year. The frozen fruits are picked at peak ripeness and once they are harvested the fruits are washed, blanched, cut, frozen and stored within a few hours. The frozen fruits are treated with ascorbic acid or sugar in order to prevent the spoiling. The nutrients level remains unchanged even after freezing.The global frozen fruit market is projected to reach around US$ 3.2 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.0% during the forecast period (2019-2027).
The rising number of the working population with a busy lifestyle is creating demand for ready-to-eat food products such as frozen fruits is expected to foster the market growth of frozen fruit. Frozen fruits can be consumed with minimal processing and a required portion of frozen fruits can be consumed, whereas the remaining quantity can be repacked after using for later use. This minimizes the wastage and ensure the ideal usage of fruit. These factors are anticipated to augment the market growth of frozen fruits.
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The global frozen fruit market has witnessed significant growth in recent past years, owing to the rising awareness regarding healthy nutrients among consumers. Based on fruit type, global frozen fruit market is bifurcated in red fruits & berries, tropical fruits and citrus fruits. The red fruits & berries dominated the other type of fruits, owing to the increasing demand for nutritious frozen red fruits & berries among the health conscious consumers. This factor estimated to foster the market growth in forecast timeframe.
Based on applications, the global frozen fruit market is divided into dairy, confectionery & bakery, fruit-based beverages, jams & preservers and others. Among these segments, dairy segment has dominated the global frozen fruit market in 2018, owing to the increasing demand for frozen fruits in preparation of dairy products among dairy product manufacturers. Moreover, the rising demand for flavored beverages that uses frozen fruits in preparation is estimated to be growth factor of global frozen fruit market in coming years. These factors are expected to boost the market growth of global frozen fruit market in forecast period.
Market Taxonomy
Global Frozen Fruit Market, By Fruit Type:
Red Fruits & Berries
Strawberry
Banana
Raspberry
Blueberry
Watermelon
Cranberry
Tropical Fruits
Mango
Papaya
Pomegranate
Pineapple
Citrus Fruits
Lemon & Lime
Orange
Grapefruit
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Key players operating in global frozen fruit market are Uran Food Group Limited, Pinnacle Foods Inc., Kendall Frozen Fruits Inc., Ardo NV, SunOpta Inc., Welch Foods Inc., Agrana Beteiligungs, Kerry Group Plc, SICA SICODIS and Titan Frozen Fruits LLC.
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