Frozen Fruits Market Research report Business Strategy and Industry Segments Poised for Strong Growth in Future
Market Overview
The global frozen fruits market was valued at USD 4.45
billion and is expected to grow at a compound annual growth rate (CAGR) of 7.05%from
2020 to 2027. Gaining popularity of non-seasonal fruits at the global level due
to their freshness and exceptional nutritional benefits is expected to remain a
key driving factor.
Over the past few years, summer fruits like watermelons,
oranges, cantaloupes, honeydew melons, blackberries, raspberries, apples, figs,
pears, apricots, peaches, and others like nectarines have been witnessing
traction throughout the year. The culinary world has progressed immensely in
the past few decades due to the exposure of the common mass to the changing
fundamentals of food revolutions.
Increasing demand for non-regional fruits is also a major
factor contributing to the Frozen
Fruits Market Report growth. The availability
of the internet and media has made people familiar with the culture and
lifestyles of different regions and counties. Certain food products, particular
to a specific region, have become globally popular owing to their increased
availability through all retail channels and their rapid adoption among
health-conscious consumers. Humans consume over 2000 different varieties of
fruits across the globe.
Market Segmentation
The Frozen
Fruits Market Research report has been segmented to
meet the needs of the global audience and hence, help in the expansion of the
global market.
● Product Outlook
● Citrus
● Tropical
● Berries
● Others
● Distribution Channel Outlook
● Online
● Offline
● Regional Outlook
● North America
● The U.S.
● Europe
● Germany
● The U.K.
● France
● Asia Pacific
● China
● Japan
● Central & South America
● Brazil
● Middle East & Africa
Regional Analysis
North
America Frozen Fruits Market led over
30.0% of the global revenue in 2019. There has been an increasing demand for
frozen fruits in this region is attributed to veganism, which has enhanced the
dependence of the common mass on fruits and veggies. Fruit-based food and
beverage have also played a crucial role in the consumption of frozen fruits in
the region. Pies, a Greek food, have woven their way into the American food
culture, thus becoming a symbol of home and tradition. A variety of sweet pies
available in the market involve different kinds of frozen fruits, including
strawberry, cranberry, cherry, banana, apple, raspberry, blueberry, nectarine,
peach, blackberry, pear, raspberry, and others like cranberry.
Asia Pacific is expected to register the
fastest CAGR of 7.7% from 2020 to 2027. The Meat Guy, a Japan-based company,
offers many frozen fruits, including frozen blueberries, raspberries,
strawberries, peach, papaya, pineapple, mango, and grapes, to restaurants and
hotels, resorts, private clubs, and individuals throughout Japan.
Industry News
The demand for Frozen Fruits Market Report has been
witnessing growth for various reasons beyond preservation. Banana is the most
popular variety of fruit and is produced in over 135 countries across tropical
and subtropical regions. According to the information stated under the Food and
Agricultural Organization of the United Nations, 114 million tons of bananas
were globally produced in 2017. The large production promises the availability
of fresh bananas across the globe, yet the demand for frozen bananas can be
seen surging. They are used to prepare soft serve, milkshakes, chocolate-dipped
frozen bananas, smoothies, ice creams, pops, fudgesicles, and baking brownies,
waffles, and muffins. Growing demand for the aforementioned prepared dishes or
servings in the household and commercial sectors is expected to upscale the
requirements for frozen fruits shortly.
Competitive Landscape
Some of the market players in the frozen
fruit industry are Ardo NV of
Belgium region, Rasanco Ltd of the United Kingdom, Simplot Australia Pty Ltd of
Austria region AXUS International LLC of the United States, Dole Food Company
Ltd of the United States, Alasko Foods Inc. of Canada, the HJ Heinz Company of
the United States, Breukers Scamp Food of Netherlands, Pinnacle Food
Corporation of the United States, Capricorn food products India Ltd of India,
Findus Sverige Ab of Sweden, Frucktana Ltd of North Barcelona, General Mills
Inc. of the United States, SunOpta inc. of Canada, Bonduelle Group of France
and many more.
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