Frozen Fruits Product Market, Key Player, Regional Growth, Size, Segment Overview, Insights
Frozen Fruits Market - Overview
Frozen Fruits offer the convenience of having our favourite fruit all year
round, at an affordable price. Some Frozen Fruits companies provide the best
products that give the feeling like they were frozen while fresh. With retained
colours and flavours these brands also have detailed labels on the packaging
giving the details of ingredients and product’s nutritional value rating. For
Some companies, it could even be better than fresh regarding nutritional value
while some brands fail to understand the value of frozen food and that, in
some cases have added sugar or other ingredients that might be best to avoid.
Frozen Fruits, by large are providing required nutritional values to the people
with heady and busy lifestyles. More the urbanization; greater the Frozen
Fruits Product market is becoming.
Considering the traction the Frozen Fruits industry is
gaining currently and estimating the potential prominence the market would
receive during the forecast period 2017 – 2027; the Market Research Future,
recently published a brilliant study report; foretelling the global market
insights with the Key players analysis and complete industry analysis. According
to the MRFR, the global market is to perceive a humongous growth by 2027, with
a surplus monetary accruals registering a staggering CAGR during the next Ten
years (2017 – 2027).
Globally, the Frozen Fruits market size has been increasing
due to food and beverages industries. Changing lifestyle coupled with the
consumer’s preference towards ready to eat, frozen fruits are key drivers for
the market. Growth in per capita disposable income, along with the rising urban
middle class population and fruit consumption across the globe are among the
key market contributors. Western countries generate the highest demand for
Frozen Fruits globally. Imports are expected to increase because of cost
concerns, availability, and consumer demand for Frozen Fruits all year long.
Additionally, Retail E-commerce sector is providing impetus to the market
growth attracting consumers towards Frozen Fruits Market.
On the other hand, factors such as prejudiced nature of
consumers towards Frozen Fruits about its authenticity coupled with the costs
associated with the refrigeration or freezing process as in required power and
shipping of the frozen fruits is likely to present challenges to the Frozen
Fruits market growth. Adversely, augmented demand for Frozen Fruits, especially
for berries in Bakery & Confectionary industry will considerably fuel the
growth of Frozen Fruits Market.
Organic Frozen Fruits, Local cultivation and smoothies are
trending in the Frozen Fruits market currently. Over the last few decades, our
lives have become seemingly busier, giving rise to many people using
convenience and fast foods. Recently, however, there has been a large push for
eating healthier options that are still convenient, like Frozen Fruits &
Vegetables are an important part of our diet, and the USDA states that we
should consume 5-13 servings of produce a day. Incorporating fruits and
vegetables into our diet is helpful for preventing disease, managing certain
health conditions and leading to a healthier life overall.
Frozen Fruits Market - Competitive Analysis
The global Market of Frozen Fruits appears to be highly competitive but
consolidated. Many large and small key players operating in the market are
churning the competition to gain competitive advantage. To sustain their market
position these players incorporate acquisition, collaboration, partnership,
expansion, and technology launch. Manufacturers operating in the Frozen Fruits
market strive to develop a state of art manufacturing facilities where they can
make all their products from carefully sourced raw materials right in their own
facility.
Players operating in the Market of Frozen Fruits keep
discovering and combining, the origin of the classic fruits remains
increasingly important. Local cultivation is another noticeable trend in
Market. One more trend is Organic Frozen Fruits. Organic is booming but there
is more. Organic Fruits are increasingly important in the frozen sector as
well, according to a Key Player in the Europe Frozen Fruits Market size - the
demand for organics isn't the same throughout Europe. In some areas, such as
Scandinavia and Germany, organic is booming, it continues to grow. There is an
increase in popularity in organics in Belgium. It’s difficult to convince
Belgian growers to switch to organic cultivation. According to another key
player in the Europe, the Flemish regulations can be a problem for the growers
that want to work organically. This means the organic sector is often tied to
small initiatives, which is a shame. A mixed cultivation is permitted in Italy
and Denmark for example, but not in Flanders. Smoothies is another increasingly
popular item. Not just frozen fruits are being bought and processed into
smoothies. Vegetables and herbs are being added to the mix more and more often.
Dole (U.S.), Ardo NV (Belgium), HJ Heinz (US), Simplot
Australia PTY Ltd (Australia), General Mills (U.S.), Findus Sverige AB,
(Sweden), Pinnacle Foods Corp. (US), and Bonduelle Group (France) are some of
the leading players profiled in MRFR Analysis and are at the forefront of
competition in the Global Frozen
Fruits Product Market.
Access Report Details @ https://www.marketresearchfuture.com/reports/frozen-fruits-market-1751
Industry/ Innovation/ Related News
3 November 2017 - ITC Ltd. (India), a diversified company (the
cigarettes-to-shampoo company) launched packaged potatoes under a new brand
called Farmland in its first step into the fresh fruit and vegetables segment.
ITC also has a presence in foods with staples, spices, ghee, and ready-to-eat
meals, plans to launch frozen fruits and vegetables, ready-to-make versions,
and may introduce sauces, dips and condiments later.
6 November 2017 - Farmer and entrepreneur Frank Tiegs (US)
announced that he has been expanding his frozen fruit business with purchases
of Rader Farms of Lynden, Wash., and Willamette Valley Fruit Co. in Salem, Ore.
in Oregon and Washington.
Frozen Fruits Market - Segments
Global market is segmented in to 5 Key dynamics for an easy grasp and
enhanced understanding.
Segmentation By Type: Comprises - Melons,
Drupes, Tropical Fruits, Prune Fruits and Other Fruit.
Segmentation By Form: Comprises - Whole,
Puree, Topping, Other Processed Forms.
Segmentation By Packaging: Comprises - <10
Kgs., 10-15 Kgs., 15-30 Kgs., 30 Kgs.
Segmentation By Application: Comprises - Fruit-
Whole Fruits, Fruit Juices & Smoothies, Breakfast Cereals, Desserts, Bakery
Foods, Yoghurt and Others.
Segmentation By Regions: Comprises Geographical regions
- North America, Europe, APAC and Rest of the World.
Frozen Fruits Market - Regional Analysis:
Based on geographical analysis, Frozen Fruits industry is segmented into
North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Globally, the percentage share of the frozen fruits compared to the total
consumption of fruits is very less. However, the percentage share varies from
region to region, comparatively high for developed markets like Europe and U.S.
Advancements in technology and improved supply availability in the developing
markets like India and China has led to strong growth opportunities for the
market. North America is emerging market, accounting for 4.31 million tons and
is projected to grow at a CAGR 1.86% by 2027.
APAC will witness maximum growth in the watermelon market
followed by North America. However, volume wise market size will continue to be
higher under APAC region with more than 60% share. With increasing disposable
incomes in India and China and growing demand for frozen and processed products
will drive higher demand as it is easy food. The tedious process of cleaning
and peeling is eliminated, making it easy for direct consumption. Countries
where there is shortage of fresh fruits, frozen and packed fruit are preferred.
Because freezing preserves food, no unwanted additives are required in bags of
frozen goodies like strawberries.
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