IQF Fruits and Vegetables Market Growing Demand, Competition, Investment Opportunities & Forecast

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IQF Fruits and Vegetables Market Driven by Increasing Demand for Food with Longer Shelf-Life

The shelf life of any food product in the food and beverage industry is significant. Consumers are watchful of the quality and taste of food products they consume. The food and beverage industry often uses the IQF technique to preserve food products so as to prevent it from losing tastes and quality before consuming it. In addition to this, the need to preserve fruits and vegetables is very important. These food items need to be stored or preserved in a low-temperature atmosphere in order to prevent them from denaturing or spoiling before they are consumed.

Increasing Consumers’ Demand for Convenience Food

While present-day consumers are involved in a busy lifestyle, the need for convenience food is rising. Consumers find it hard to prepare food after a hectic day since energy is lost. They need to consume food that requires a short time for preparation, such as convenience food and ready-to-eat meal. This has created a surge in demand for convenience food in the global market, and as a result, the IQF fruits and vegetable market is expected to record a tremendous growth since most convenience foods are preserved under low-temperature.

IQF Fruits and Vegetables Market: Region-wise Analysis

Geographically, North America is expected to be the largest market for the global IQF fruits and vegetables market during the forecast period in terms of market revenue and volume. The United States is expected to be the major contributor followed by Canada. Growing demand for exotic fruits juice is projected to be the major factor fostering the growth of the industry in North America. Furthermore, the Asia Pacific is slated to register double-digit CAGR during the forecast period due to the rising in disposable income of consumers and growing consumers’ demand for convenience food and packaged food products.

IQF Fruits and Vegetables Market: Competitive Analysis

• SunOpta Inc
• Fruktana Ltd
• Capricorn Food Products India Ltd.
• Breukers Schamp Foods
• Alasko Foods Inc
• AXUS International LLC
• Rasanco Ltd
• Nimeks Organics

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global IQF fruits ad vegetables market can be segmented on the following basis: