Frozen Vegetables Market are those vegetables whose temperature is maintained below the freezing point so that they can be used for transportation and storage purposes. Spinach, green peas, corn, green beans, spring onion etc. are some of the common frozen vegetables which can be found easily. These frozen vegetables have longer shelf life and can be mixed with other food types as well. Rising demand for packed and frozen food among population is fuelling the growth of this market.
Global frozen vegetables market is expected to rise to an estimated value of USD 40947.25 million by 2026, registering a CAGR of 5.41% in the forecast period of 2019-2026. Rising demand for frozen foods and changing lifestyle of population is the major factor for the growth of this market.
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Competitive Analysis: Global Frozen Vegetables Market
Few of the major competitors currently working in the global frozen vegetables market are General Mills Inc., Aryzta AG, The Kraft Heinz Company, Cargill, Incorporated, AJINOMOTO CO.,INC, JBS, EUROPASTRY, S.A., Flowers Foods, Iceland Foods Ltd., Amy's Kitchen, Inc., Ardo, Bonduelle, Bellisio Foods, Inc., FINDUS, Goya Foods, Inc. among others.
Key Pointers Covered in the Global Frozen Vegetables Market Trends and Forecast to 2026
- Global Frozen Vegetables Market New Sales Volumes
- Global Frozen Vegetables Market Replacement Sales Volumes
- Global Frozen Vegetables Market Installed Base
- Global Frozen Vegetables Market By Brands
- Global Frozen Vegetables Market Size
- Global Frozen Vegetables Market Procedure Volumes
- Global Frozen Vegetables Market Product Price Analysis
- Global Frozen Vegetables Market Healthcare Outcomes
- Global Frozen Vegetables Market Cost of Care Analysis
- Global Frozen Vegetables Market Regulatory Framework and Changes
- Global Frozen Vegetables Market Prices and Reimbursement Analysis
- Global Frozen Vegetables Market Shares in Different Regions
- Recent Developments for Global Frozen Vegetables Market Competitors
- Global Frozen Vegetables Market Upcoming Applications
- Global Frozen Vegetables Market Innovators Study
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Key Developments in the Market:
- In June 2019, Bonduelle announced that they have acquired LLC SHOCK frozen vegetable production company. The main aim of the acquisition is to meet the rising demand for ready-to-eat solutions. This acquisition will assist the company in strengthening its position in the Russian market
- In August 2017, Pinnacle Foods announced that they have acquired Ryder Integrated Logistics. This acquisition will benefit company by strengthening their position and will also help them to develop new product line which will include organic and superfood blends
Scope of the Frozen Vegetables Market
- Global Frozen Vegetables Market By Product (Asparagus, Broccoli, Green Peas, Mushrooms, Spinach, Corn, Green Beans, Carrots, Cauliflower, Bell Peppers, Spring Onion, Tomatoes, Onion, Others), End- User (Food Service Industry, Retail Customers), Distribution Channel (Discounters, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Retail, Others), Nature (Organic, Conventional), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global frozen vegetables market is expected to rise to an estimated value of USD 40947.25 million by 2026, registering a CAGR of 5.41% in the forecast period of 2019-2026. Rising demand for frozen foods and changing lifestyle of population is the major factor for the growth of this market.
- Frozen vegetables are those vegetables whose temperature is maintained below the freezing point so that they can be used for transportation and storage purposes. Spinach, green peas, corn, green beans, spring onion etc. are some of the common frozen vegetables which can be found easily. These frozen vegetables have longer shelf life and can be mixed with other food types as well. Rising demand for packed and frozen food among population is fuelling the growth of this market.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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