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IQF Vegetable Market: IQF Technology is the Next Big Disruption in the Frozen Vegetable Industry

10-31-2017 11:17 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
The Individual Quick Freezing (IQF) technology involves vegetables being frozen as individual pieces, which is unlike other freezing processes. Due to this, increased convenience is offered to consumers and thus value of the product gets enhanced. The IQF process of freezing vegetables is far superior to the conventional process.

Most foods can be preserved for a longer period of time if they employ the IQF process and are kept at a low temperature till they are used. In the conventional way of slow, natural freezing, the food gets destroyed due to the low temperature drawing all the water from the small cells of the food, adversely affecting its colour and flavour.

Hence, due to the use of IQF method of freezing, most of the flavour, colour and the firmness of vegetables or fruits is retained.

Obtain Report Details @
https://www.futuremarketinsights.com/reports/iqf-vegetable-market

In terms of value, the global IQF vegetable market was valued at nearly US$ 1,300 Mn in 2016, and is expected to reach more than US$ 2,000 Mn by the end of the forecast period in 2026. In terms of value, the market is expected to register a CAGR of 4.5% during the forecast period. In terms of volume, the global IQF vegetable market is projected to register a CAGR of 4.2% during the forecast period.

Bacterial contamination in frozen fruits and vegetables is the main issue that is being faced by Japan and North American countries. Listeria monocytogenes bacteria has generated a lot of adverse publicity for frozen foods and IQF vegetables have been recalled from the market for the same reason.

Due to the high pollution levels in countries such as U.S. and China, that are two of the three major producers of IQF vegetables, manufacturers are facing the problem of bacterial contamination of IQF frozen foods.

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https://www.futuremarketinsights.com/reports/sample/rep-gb-3378

IQF vegetables are produced predominantly in developed countries. However, even though the production volume of IQF vegetables is high in developed countries, the price of IQF vegetables remains high there due to the processing cost.

This happens due to the high labour cost in the developed world, coupled with high raw vegetable prices and high cost of electricity. But, with the start of the production of IQF vegetables in developing countries – which in turn are major producers of vegetables – costs can be reduced as the labour cost in developing countries is comparatively low and electricity is cheap as well.

IQF peas segment is anticipated to register the highest CAGR during the forecast period. Increasing demand for convenience food coupled with an increasing vegan population is set to boost the demand for IQF peas in the North America and Western Europe regions. The IQF Potato segment accounted for a value share of more than 20% in the year 2016.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
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Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

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