IQF Vegetables Market Overview
The global IQF vegetable market was valued at $4.1 billion in 2020, and is projected to reach $6.8 billion by 2028, registering a CAGR of 4.1%. from 2021 to 2028.
IQF vegetable are frozen foods, which are prepared by using individual quick freezing (IQF) - a technology that is used to keep fruits and vegetable fresh for a prolonged time. IQF uses the fluidization approach, which results in freezing the vegetable for 10-12 minutes. These are easily available in the market through various distribution channels, including supermarket, hypermarket, online stores, and departmental stores.
Some of the major players in the global IQF vegetable industry analyzed in this report include Dole Food Co., Capricorn Food Products India Ltd, J.R. Simplot Co., Cardinal Foods LLC, B&G Foods Holdings Corp, ConAgra Foods, Inc, Kerry Group Plc., Uren Food Group Limited, Greenyard NV, and Pinnacle Foods, Inc.
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The global IQF vegetable market is segmented into nature, end user, distribution channel, and region. By nature, the market is bifurcated into organic and conventional. Depending on end user, it is segregated into commercial and residential. On the basis of distribution channel, it is fragmented supermarket/hypermarket, B2B, online store, and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and rest of LAMEA).
KEY MARKET SEGMENTS
Key Players
Dole Food Co.
Capricorn Food Products India Ltd
J.R. Simplot Co.
Cardinal Foods LLC
B&G Foods Holdings Corp
ConAgra Foods Inc
Kerry Group Plc.
Uren Food Group Limited
Greenyard NV and Pinnacle Foods Inc
By Nature
Organic
Conventional
By End User
Commercial
Residential
By Distribution Channel
Supermarket/Hypermarket
B2B
Online Store
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Argentina
Rest of LAMEA
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KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current market trends, future estimations, and dynamics of the global IQF vegetable market from 2020 to 2028 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped depending on their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, end use, and growth strategies.
Frequently Asked Questions about the Global IQF Vegetable Market
What is the estimated value of the Global IQF Vegetable Market?
The Global IQF Vegetable Market was estimated to be valued at $4.5 billion in 2020.
What is the growth rate of the Global IQF Vegetable Market?
The growth rate of the Global IQF Vegetable Market is 4.1%, with an estimated value of $7.1 billion by 2028.
What is the forecasted size of the Global IQF Vegetable Market?
The Global IQF Vegetable Market is estimated to be worth $6.5 billion by 2028.
Who are the key companies in the Global IQF Vegetable Market?
Key companies in the Global IQF Vegetable Market include Dole Food Co., Capricorn Food Products India Ltd, J.R. Simplot Co., Cardinal Foods LLC, B&G Foods Holdings Corp, ConAgra Foods Inc, Kerry Group Plc. and Greenyard NV and Pinnacle Foods Inc.
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