Frozen Fruits and Vegetables Market Driven by Growing Prospects in Asia Pacific

Pune, India, August 2019, MRFR Press Release/- Market Research Future has Published a Cooked Research Report on the Global Frozen Fruits and Vegetables Market.

The growing demand for fruits and vegetables is likely to drive the frozen fruits and vegetables market over the forecast period, according to the latest research report from Market Research Future (MRFR).

Competitive Analysis:

Leading players in the global frozen fruits and vegetables market include Bonduelle Group, Pinnacle Foods Corp., Findus Sverige AB, General Mills, Simplot Australia Pty Ltd., HJ Heinz, Ardo NV, and Dole.

Segmentation:

The global frozen fruits and vegetables market is segmented on the basis of type, form, application, and region.

By type, the frozen fruits and vegetables market is segmented into fruits and vegetables.

By form, the market is segmented into whole, pureed, dried, and others.

By application, the frozen fruits market is segmented into fruit juices and smoothies, breakfast cereals, salads and desserts, bakery foods, yogurts, and others, whereas the frozen vegetables market is segmented into pizza toppings, salads, RTE foods, noodles and pasta, soups, and others.

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Regional Analysis

Asia Pacific is likely to lead the global frozen fruits and vegetables market over the forecast period due to the growing consumer demographic in the region and the consequent rise in the volume of frozen fruits and vegetables shipped to APAC countries such as China, India, Japan, Australia, and South Korea. Frozen fruits and vegetables have emerged as the perfect solution for urban demographics in Asia Pacific, which are increasingly relying on frozen fruits and vegetables for preparing traditional meals in quick time. In order to suit their hectic urban lifestyles, many urban users in Asia Pacific are preferring frozen fruits and vegetables over fresh ones, as the former can be stored in refrigerators for a large amount of time, whereas the latter need to be consumed quickly, within a few days of plucking. The ease of providing for families in the minimum time available with frozen fruits and vegetables is likely to be the major driver for the frozen fruits and vegetables market in Asia Pacific over the forecast period. The Asia Pacific market for frozen fruits and vegetables is expected to account for more than 50% of the global market over the forecast period.

The growing presence of modern distribution channels such as super/hypermarkets in Asia Pacific is also likely to be a major driver for the frozen fruits and vegetables market in the region, as several new leading international players in the retail sector have initiated operations in Asia Pacific countries in the last few years. Walmart is among the many global leaders to open operations in India, China, and other countries in Asia Pacific. This is likely to remain a major driver for the frozen fruits and vegetables market in Asia Pacific over the forecast period, as modern refrigeration and conditioning is necessary for proper operation of the frozen fruits and vegetables market.

North America is the second largest regional market for frozen fruits and vegetables and is likely to retain its position over the forecast period due to the increasing awareness about the health benefits of frozen food in contrast to fresh produce. Frozen fruits are also becoming increasingly popular in the U.S. and Canada due to their use in baked foods such as cakes and pastries. Frozen berries, apricots, and plums are among the most profitable parts of the global frozen fruits and vegetables market and are likely to remain in the position over the forecast period due to the increasing use of these products in bakery products.

Europe is also a major market for frozen fruits and vegetables and is likely to remain in the position over the forecast period due to the increasing demand from urban consumers in major European countries such as Germany, France, the UK, Spain, the Netherlands, and Belgium. Growing demand for baked products, pizza, and pasta, where frozen vegetables are often used as toppings or ingredients, is also likely to be a major driver for the frozen fruits and vegetables market in Europe over the forecast period.