June 15, 2024
Frozen Vegetables Market is likely to expand US$ 38,845.7 million at 5.0% CAGR by 2025
Frozen Vegetables Market is likely to expand US$ 38,845.7 million at 5.0% CAGR by 2025Frozen Vegetables Market Hectic lifestyle has shifted the preference of consumers toward the use of...

Frozen Vegetables Market

Hectic lifestyle has shifted the preference of consumers toward the use of alternatives to regular vegetables.

frozen vegetables have gained increasing popularity among consumers, which significantly contributes toward the growth of the market.”

— Allied Market Research

PORTLAND, OR, US, June 30, 2023/EINPresswire.com/ — The global Frozen Vegetable Market is divided on the basis of product, end user, distribution channel, and geography. Based on product, the market is segmented into asparagus, broccoli, green peas, mushrooms, spinach, corn, green beans, and others. The corn segment dominated the market in 2017, contributing nearly one-third of the market. Moreover, the segment is projected to register the fastest CAGR of 6.2% during the forecast period.

’ : https://www.alliedmarketresearch.com/request-sample/3404

The global frozen vegetables market size was valued at $26,479.0 million in 2017, and is expected to garner $38,845.7 million by 2025, registering a CAGR of 5.0% from 2018 to 2025.

The growth of the frozen vegetables industry is driven by increase in disposable income of people along with rise in the living standards of consumers around the globe. Furthermore, hectic lifestyle and increase in need for convenience food drive the growth of the market and help increase the frozen vegetable market size. Growth of the retail network in emerging economies, such as India, China, and Brazil, has led to increased availability of frozen vegetables, thus supplementing the market growth. However, negative perception of consumers related to nutritional content of frozen food, high cost of freezing technology, and poor freezing facilities in semi-urban & rural areas impede the growth of frozen vegetables market.

Based on end user, the market splits into the foodservice industry and retail customers. The retail customer segment held the largest share in 2017, accounting for more than two-thirds of the market. In addition, the segment is estimated to register the fastest CAGR 5.1% during the study period.

: https://www.alliedmarketresearch.com/checkout-final/dc4657d0b8bf743777f9bfd64f33abf3

The global frozen vegetable market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Europe held the largest share in 2017, contributing nearly two-fifths of the market. However, the Asia-Pacific region is expected to register the fastest CAGR of 7.1% during the forecast period.

According to Shankar Bhandalkar, Senior Research Analyst, Food and Beverages at Allied Market Research, Hectic lifestyle has shifted the preference of consumers toward the use of alternatives to regular vegetables. Thus, frozen vegetables have gained increasing popularity among consumers, which significantly contributes toward the growth of the market.

In 2017, the corn segment garnered the highest share in the frozen vegetables market, owing to easy availability of corn all over the world and high application of corn & corn-based food items in quick service restaurants (QSRs) and other food outlets. However, the broccoli segment is expected to witness the substantial growth with CAGR of 7.1% throughout the frozen vegetables market forecast period, due to rise in the trend of health and fitness among consumers worldwide.

: https://www.alliedmarketresearch.com/request-for-customization/3404

By end user, the retail customer segment dominated the frozen vegetables market in 2017. This was attributed to immediate gratification and availability of several options of trail before purchase. The food service industry is expected to witness a moderate growth rate of 4.7% during the forecast period, owing to increase in number of fast-food outlets and QSRs all around the world.

:

Frozen Bakery Products Market

Refrigerated Snacks Market

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here

Article originally published on www.einpresswire.com as Frozen Vegetables Market is likely to expand US$ 38,845.7 million at 5.0% CAGR by 2025

originally published at HUMAN RIGHTS - USA DAILY NEWS 24