Buyer mindfulness is on the ascent with respect to the utilization of IQF vegetables through different food applications. Most locales are seeing a flood popular because of the healthful advantages of IQF vegetables. As per another report by Future Market Insights (FMI) the IQF vegetables market is set to show a moderate CAGR of 4.5%, arriving at a US$ 2.4 billion valuation before the finish of the appraisal time frame.
The independently fast frozen (IQF) vegetable market is conjecture to display consistent development, with its general valuation arriving at US$ 1,560.1 Mn in 2021. According to Future Market Insights (FMI) investigation, IQF vegetable deals are relied upon to flood at 4.5% CAGR throughout the evaluation time frame, from 2021 to 2031.
Key Players: B&G Foods Holdings Corp., Capricorn Food Products India Ltd, ConAgra Foods, Inc, Dole Food Co., Greenyard NV, J.R. Simplot Co., Kerry Group Plc., Pinnacle Foods, Inc., SunOpta Inc., Uren Food Group Limited, and other.
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Key Takeaways from the IQF Vegetable Market Study
- The U.K and Germany have been figure to hold 38.2% offer in the Europe market in 2021.
- GCC nations are relied upon to observe the most elevated Y-o-Y development rate going from 5.4% to 10.2% from 2021-2031, supported by interests in industry foundation.
- IQF tomato items are relied upon to reflect solid development, upheld by certain customer insight towards puree items.
- Broccoli and cauliflower items will enroll a CAGR of 5.1%, supported by request in the food administration area across Europe and North America.
- India and China will arise as high expected market, upheld by an immense customer base, but being confined by insufficient virus chain foundation.
“IQF innovation has set out an original development open doors in the frozen food ecosphere. Vegetables handled by IQF innovation have longer timeframes of realistic usability. The undeniably quick moving ways of life of average purchasers have brought about popularity for accommodation food varieties, which thusly has helped the IQF vegetable market develop through 2021,” says a lead examiner at FMI
IQF Vegetable Market by Category
By Type:
- Beans
- Peas
- Corn and Baby Corn
- Broccoli and Cauliflower
- Potato
- Onion
- Tomato
- Carrot
By Application:
- Food
- Bakery, Confectionary & Snack Food
- Dairy & Dessert
- Cooking food
- Ready to Eat Food
- Beverage
- Juice
- Other Non-alcoholic Beverages
- Concentrate
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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