IQF Fruits Market to Grow At a CAGR of 6.8% and Surpass USD 11.8 billion by 2031

The global IQF fruits market generated $6.2 billion in 2021, and is projected to reach $11.8 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐭: https://www.alliedmarketresearch.com/request-sample/17261

IQF is an environment-friendly and non-thermal technique of food preservation. Most fruits and vegetables are preserved using this method. The use of IQF in food preservation is related to a number of advantages. It has various advantages, some of which include extending shelf life and maintaining the flavor & quality of food goods. The demand from food manufacturers to preserve food for a long time and utilize it as a component in finished goods fuels the growth of the global IQF fruit market share. The working class continues to contribute significantly to revenue growth during the forecast period.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The major players analyzed for the global IQF Fruits industry are AGRANA, Alasko Food Inc, AXUS International, LLC., Bsfoods, Capricorn Food Products India Ltd, Danone SA, Himgiri Group, RDM International, SunLeaf, and SunOpta.

𝐁𝐮𝐲 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/checkout-final/f8c287ebfb155d321892418ccb905588

Based on fruit, the berries segment held the major market share in 2021, holding nearly one-fifth of the global IQF fruits market share. However, mangoes segment is expected to maintain its leadership status during the forecast period. Nevertheless, the prune segment, is expected to cite the fastest CAGR of 8.9% during the forecasted timespan.

According to IQF fruits market analysis, by sales channel, the direct sales segment was the highest contributor to the market, with $350.6 million in 2021, and is expected to grow at a CAGR of 5.5% during the forecast period. The direct sales segment accounted for a major share of the market in 2021 and is expected to grow at a significant CAGR during the forecast period. The direct sales segment is referred to as business-to-business sales. IQF fruits are majorly sold to various companies that deal in the food processing and food service industry. IQF fruits have higher durability as compared to conventional fruits so it can be easily used and stored for future use. Thus, the above-mentioned factors are likely to propel the growth of the IQF fruits market size through direct sales channels during the forecast period.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Based on region, the market across the North American region held the major market share in 2021, holding two-fifths of the global IQF fruits market share and is expected to maintain its leadership status during the forecast period. However, the Asia-Pacific IQF fruits market is expected to cite the fastest CAGR of 8.3% during the forecast period. The report also analyses other regions such as Europe and LAMEA.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/17261

In terms of sales channel, the direct sales segment held the major market share in 2021, contributing to nearly three-fourths of the global IQF fruits market share, and is expected to maintain its leadership position during the forecast period. However, the indirect sales segment, is expected to cite the fastest CAGR of 7.3% during the forecast period.

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

By fruit, the berries segment was the highest revenue contributor to the market with $1,077.2 million in 2021, and is estimated to reach $1,746.3 million by 2031, with a CAGR of 5.1%.

On the basis of end use industry, the food industry segment was the highest revenue contributor to the market, with $3,084.3 million in 2021, and is estimated to reach $5,440.7 million by 2031, with a CAGR of 6.0%.

As per sales channel, the direct segment was the highest revenue contributor to the market, with $4,441.0 million in 2021, and is estimated to grow at a CAGR of 6.5%.

Region-wise, North America was the highest revenue contributor, accounting for $2,519.1 million in 2021, and is estimated to reach $4,310.1 million by 2031, with a CAGR of 5.7%.

𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗙𝗼𝗼𝗱 𝗮𝗻𝗱 𝗕𝗲𝘃𝗲𝗿𝗮𝗴𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆

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