According to industry analysis, the global market for frozen vegetables is expected to experience substantial growth and a high CAGR by 2028. This growth is attributed to changing market trends and the increasing demand for frozen vegetables among consumers. In recent years, the food and beverage industry has witnessed various advancements in the sourcing, manufacturing, and delivery of products. To extend the storage life of food items, deep freezing at extremely low temperatures is employed, which results in frozen products with a longer shelf life. Different preservation techniques such as cooling, curing, freezing, and sugaring are used for various types of vegetables, and advanced equipment is utilized to achieve this. Freezing is an effective preservation method as it helps retain the color and flavor of the vegetables, slows decomposition, and makes transportation easier by protecting the vegetables from direct sunlight and dust particles.
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Top Companies Operating in the Global Frozen Vegetables Market Report:
- Dole Food Company, Inc.
- Ardo NV
- HJ Heinz
- Simplot Australia Pty. Ltd
- General Mills
- Aryzta AG
- General Mills Inc.
- Kraft Foods Group Inc.
- Ajinomoto Co. Inc.
- Cargill Incorporated
- Europastry S.A.
- Kellogg Company
- Nestle S.A.
- Flower Foods
Market Overview:
In the food and beverage sector, all businesses involved in the processing, packaging, or distribution of raw food materials are included. In addition to medications, this industry touches all human-made products, including fresh and packaged meals, alcoholic and nonalcoholic beverages.
Since the Covid-19 outbreak has caused a financial depression, consumers are trying to conserve their money as much as possible. To do this, consumers are buying more generic things and cooking their own meals instead of eating out. In order to reduce the cost of goods sold, attract more customers, and increase profit margins, food processing companies are becoming more creative.
As a result of obesity, the global food and beverage industry is experiencing tremendous growth. As consumers' desire for healthy foods has increased, so has their demand for more detailed nutrition data. Both of these changes have caused companies to launch lower-calorie foods and tighten their control over how their brands are perceived.
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The global Frozen Vegetables market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
By Product Type:
- Asparagus
- Broccoli
- Green Peas
- Mushrooms
- Spinach
- Corn
- Baby Carrots
- Green Beans
- Others
By Nature:
- Organic
- Conventional
By End-user:
- Food Service Industry
- Retail Customers
By Distribution Channel:
- Supermarkets/Hypermarkets
- Independent Retailers
- Convenience Stores
- Online Stores
- Others
Key Questions Addressed in the Report:
· What are the dominating factors that are influencing the growth of the industry?
· In the forecast period, which market segment is expected to rise the most?
· What are the risks and challenges that the industry is facing?
· In the coming years, which area is projected to dominate the market?
· Who are the major players in the market? What kind of strategic business plans have they made?
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