Frozen Vegetables Market Upcoming Trends, Key Industry Segments, Business Landscape and Key Vendors and Forecasts to [2023 to 2029]


Posted February 14, 2024 by Shitalmax

The global frozen vegetable market, which was valued at US$ 35.62 million in 2022, is anticipated to expand at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2029.
 
Frozen Vegetables Market Overview:

This study aims to give a comprehensive analysis of the Frozen Vegetables market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Frozen Vegetables sector. The value chain of the market is also thoroughly examined in this report.

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Market Scope:

The first step in the research process used to evaluate and forecast the Frozen Vegetables market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Frozen Vegetables market using the bottom-up methodology.

Dynamics:

The factors driving the growth of the global market include increased disposable income, changing dietary and lifestyle patterns, the expansion of supermarkets and hypermarkets, the rise in the number of women entering the workforce, the rising income of middle-class families, and the availability of rich nutrients. Youths' extended work hours and rising diet plans are factors contributing to the market's expansion.

The United States' total import of frozen vegetables was estimated by the USDA to be worth US$15.06 billion in 2020. The imposition of grades under the "US Standards for Grades of Frozen Vegetables" for the procurement of frozen vegetables, such as frozen cooked squash, frozen summer squash, frozen lima beans, frozen asparagus, and so on, is expected to create a significant market for frozen vegetables over the course of the forecast period.

Segmentation:

The worldwide frozen vegetable market is further divided into the retail customer and food service industry segments based on the end-user segment. In 2020, the Retail Customers segment maintained a 65% share, making it the dominant segment in the global market. More individuals are using frozen vegetables due to their lower preparation time, ease of cooking, enhanced food options for the working class, and growing health benefits. These are the characteristics propelling the market's expansion.

The global frozen vegetable market is divided into two sub-sectors: supermarkets and discounters, based on the distribution channel segmentation. In 2020, the Supermarkets category held the highest revenue share of 65% and dominated the global market.

by Product

Asparagus
Broccol
Corn

by End user

Retail Customers
Food Service Industry

by Distribution Channel

Discounters
Supermarkets

by Nature

Organic
Conventional

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Key Players: the key players are:

1. General Mills Inc.
2. Nestle
3. Kellogg Co.
4. B&G 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

Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research

Key Questions Answered in the Frozen Vegetables Market Report are:

Which market segment held the biggest share in Frozen Vegetables?
How is the Frozen Vegetables market's competitive environment?
Which are the main elements influencing the growth of the Frozen Vegetables market?
Which area of the Frozen Vegetables market has the most share?
What will the Frozen Vegetables market's compound annual growth rate be between 2023 and 2029?

Key Offerings:

Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029

Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
Country India
Categories Food
Tags frozen vegetables market industry frozen vegetables market size frozen vegetables market share frozen vegetables market growth frozen vegetables marke
Last Updated February 14, 2024