Frozen Vegetables Market Report 2022-2029: Market Values, Overview, Dynamics, Segmentation, and Regional Insights

Vegetables, rich in nutritional value, are susceptible to spoilage due to enzyme activity. To counter this, freezing is employed for storage and transportation, preserving nutritional integrity. Frozen vegetables, with extended shelf life, cost-effectiveness, ease of cooking, and rich taste, have witnessed heightened demand. The global frozen vegetable market is poised to reach USD 51.82 Bn during the forecast period, driven by the rising diet consciousness among the working class.

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Frozen Vegetables Market Dynamics:

The growth of the global frozen vegetable market is propelled by various factors, including rising disposable income, evolving lifestyle, and food habits. The surge in hypermarket and supermarket growth, increased women's workforce, and the presence of rich nutrients contribute to market expansion. Additionally, extended working hours and diversified diet plans among the youth further augment market advantage.

Technological advancements, such as impingement freezing, Hydro-fluidisation freezing, High-pressure assisted freezing, Ultrasonic assisted freezing, and Electrostatic assisted freezing, contribute to market growth. However, challenges such as non-availability of freezing equipment in underdeveloped countries, high freezing costs, texture damage concerns, and misconceptions about frozen vegetables impact market growth.

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Frozen Vegetables Market Regional Insights:

North America emerges as the dominant region in the global frozen vegetable market, with factors like population growth, increased household income, rising purchasing power, and technological advancements in freezing systems driving market attraction. Europe follows closely as the second dominating region, experiencing changes in consumption patterns and a surge in the demand for high-quality supermarkets.

Frozen Vegetables Market Segmentation:

Product Type Segment:
Asparagus
Broccoli
Corn (Dominating with USD 50.99 Bn market value in 2022)

End-User Segment:
Retail Customers (65% market share in 2020)
Food Service Industry

Distribution Channel Segment:
Discounters
Supermarkets (Held the largest revenue share of 65% in 2020)

Nature Segment:
Organic
Conventional

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Frozen Vegetables Market Key Players:

1. General Mills Inc.
2. Nestle
3. Kellogg Co.
4. B&G Foods, Inc.
5. Aryzta AG
6. Flowers Foods
7. Iceland Foods Ltd.
8. Amy's Kitchen, Inc.
9. Nature's Garden
10. Foodnet Ltd.
11. Cascadian Farm Organic
12. The Kraft Heinz Company
13. Conagra Brands Inc.
14. Goya Foods, Inc.
15. Bhanu Farms
16. CROP'S UK
17. Bonduelle
18. Ardo

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Key Offerings:
• Past Market Size and Competitive Landscape
● Past Pricing and price curve by region
● Market Size, Share, Size and Forecast by different segment
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations

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