Frozen Vegetables market Size, Segmentation, Analysis, Growth, Opportunities, Future Trends and Forecast 2029

Frozen Vegetables market was valued at US$ 35.62 Mn in 2022 and expected to grow at a CAGR of 5.5% during the forecast period (2023-2029), thanks to the growing trend of retail customer use which has boosted demand for Global Frozen Vegetables Market.

 

Frozen Vegetables Market Overview:

The goal of this research is to provide an overview of the Frozen Vegetables market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Frozen Vegetables players, as well as noteworthy industry trends and opportunities.

The analysis also focuses on the Global Frozen Vegetables market's key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Frozen Vegetables Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Frozen Vegetables Market Size from a global perspective by analyzing historical data and prospects.

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Market Scope:

The report also focuses on the leading industry players in the Global Frozen Vegetables market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.

Drivers:

The frozen vegetables market has experienced significant growth over the years, driven by various factors that have contributed to its popularity among consumers and industry players. Here are some key drivers that have contributed to the growth of the frozen vegetables market:

  1. Convenience and Time Efficiency: One of the primary drivers for the frozen vegetables market is the convenience factor. Frozen vegetables are pre-washed, pre-cut, and pre-packaged, saving consumers significant time and effort in meal preparation. This convenience appeals to busy individuals and families looking for quick and easy meal solutions.

  2. Extended Shelf Life: Frozen vegetables have a longer shelf life compared to fresh produce, as they are preserved through freezing. This extended shelf life reduces food waste and allows consumers to have access to a variety of vegetables year-round, regardless of seasonal availability.

Segmentation:

Asparagus, broccoli, and maize comprise the global market's sub-segments based on the product type segment. The maize category controls the global market, with market value of US$50.99 billion in 2022. Due to corn's widespread availability and several health advantages, including the antioxidants that help prevent cancer, the lutein and beta carotene that enhance brain function, and corn's positive effects on heart health. These factors will cause the maize segment to grow at CAGR of 5.8% over the course of the forecast year. The global market for frozen vegetables is further divided into the food service industry and retail customers based on end-user sector. The retail customers market segment accounted for 65% of the overall market in 2020, making it the largest.

1 Global Frozen Vegetables Market, by Product (2022-2029)
Asparagus
Broccol
Corn

2 Global Frozen Vegetables Market, by End user (2022-2029)
Retail Customers
Food Service Industry

3 Global Frozen Vegetables Market, by Distribution Channel (2022-2029)
Discounters
Supermarkets

4 Global Frozen Vegetables Market, by Nature (2022-2029)
Organic
Conventional

Key Players:

Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Frozen Vegetables market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Frozen Vegetables industry

1. General Mills Inc.
2. Nestle
3. Kellogg Co.
4. BG 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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Regional Analysis:

The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Frozen Vegetables market in these regions.

COVID-19 Impact Analysis on Frozen Vegetables Market:

As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19's impact on the Frozen Vegetables market and will help you build your business in compliance with the new industry standards.

Key Questions Answered in the Frozen Vegetables Market Report are:

  • What will be the CAGR of the Frozen Vegetables market during the forecast period?
  • Which segment emerged as the leading segment in the Frozen Vegetables market?
  • Which are the prominent players in the Frozen Vegetables market?
  • What will be the Frozen Vegetables market size by 2027?
  • Which company held the largest share in the Frozen Vegetables market?

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