Global Frozen Fruits and Vegetables Industry

Global Frozen Fruits and Vegetables Industry

  • April 2021 •
  • 219 pages •
  • Report ID: 5205328 •
  • Format: PDF
Abstract:
- Global Frozen Fruits and Vegetables Market to Reach 28.3 Million Tons by 2027
- Amid the COVID-19 crisis, the global market for Frozen Fruits and Vegetables estimated at 26.2 Million Tons in the year 2020, is projected to reach a revised size of 28.3 Million Tons by 2027, growing at aCAGR of 1.1% over the period 2020-2027. Frozen Vegetables, one of the segments analyzed in the report, is projected to record 1.2% CAGR and reach 25.9 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Frozen Fruits segment is readjusted to a revised 0.7% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 7.1 Million Tons, While China is Forecast to Grow at 2.4% CAGR
- The Frozen Fruits and Vegetables market in the U.S. is estimated at 7.1 Million Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 5.3 Million Tons by the year 2027 trailing a CAGR of 2.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.1% and 0.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.2% CAGR.

- Select Competitors (Total 81 Featured) -
  • Ardo NV
  • Bonduelle Group
  • Findus Sverige AB
  • General Mills Inc.
  • Lamb Weston Holdings Inc.
  • McCain Foods Limited
  • Mirelite Mirsa Zrt.
  • Pinnacle Foods Inc.
  • Simplot Food Group
  • The Kraft Heinz Company
  • Vivartia S.A.