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Global Frozen Fruits Market industry is projected to grow significantly with a considerable rate of CAGR by 2021 – Research Nester
Frozen fruits are maintained at a temperature usually below -9.50 C, at which all moisture is in the solid state. This helps in preventing growth of microorganisms, slows down decomposition and in-turn keeps fruits fresh for a longer period of time. Frozen fruits contain high levels of essential vitamins and potentially healthy antioxidants as compared to fresh ones.
Global Frozen Fruit Market is expected to register a noteworthy CAGR over the forecast period. Moreover, the global frozen fruits market was valued at USD 1,825.0 Million in 2015 and is envisioned to expand at maximum pace during the forecast period. Factors such as, rising health awareness amongst the consumers and increased spending on healthy food items are projected to drive the growth of Global Frozen Fruit Market in upcoming years.
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On the basis of fruit type, the global frozen fruits market is segmented into frozen red fruits and berries, tropical frozen fruits and citrus frozen fruits. With 53.3% share in 2015, frozen red fruits and berries dominated the global frozen fruits market. However, global frozen fruits market is anticipated to witness the highest CAGR by the end of the forecast period i.e. 2021.
Urbanization
Rapid urbanization developing countries such as India and China is a key factor which is fuelling the demand for ready to eat food items such as frozen fruits. Apart from this, swelled disposable income of the consumers and increasing spending on new good and services are anticipated to augment the demand for frozen fruits across the globe.
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Rising Health Awareness
Increasing health consciousness amongst the population and growing awareness regarding nutrition strength of frozen fruits are likely to be the key reasons behind the growth of global frozen fruits market. However misconception amongst the population regarding nutrition of frozen fruits and higher preference of fresh fruits over frozen fruits are some of the factors that are hampering the growth of the frozen fruits market in the near future.
The report titled “Global Frozen Fruits Market Analysis & Opportunity Outlook 2021” delivers detailed overview of the global frozen fruits market in terms of market segmentation by fruit type, by technology, by application and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global frozen fruits market which includes company profiling of Dole Packaged Foods, LLC, Kendall Frozen Fruits, Inc., Ravifruit, Natural Frozen Foods, Euroberry Pty Ltd., Paradise Fruits, BC FROZEN FOODS, GÖKNUR GIDA, Jain Irrigation Systems Ltd., Fruitmark Pty Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global frozen fruits market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
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