Global Frozen Fruits Market Size To Worth USD 7.69 Billion By 2033 | CAGR Of 6.01%

Category: Food & Beverages

RELEASE DATE Jun 2024
REPORT ID SI4763

Global Frozen Fruits Market Size To Worth USD 7.69 Billion by 2033  

According to a research report published by Spherical Insights & Consulting, The Global Frozen Fruits Market Size is to Grow from USD 4.29 Billion in 2023 to USD 7.69 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.01% during the projected period.

Global Frozen Fruits Market

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Browse key industry insights spread across 220 pages with 100 Market data tables and figures & charts from the report on the "Global Frozen Fruit Market Size, Share, and COVID-19 Impact Analysis, By Product (Citrus, Tropical, and Berries), By Distribution Channel (Online, Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."  Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/frozen-fruit-market

 

Frozen fruit is packed with vitamins, minerals, and antioxidants that promote overall health, making it one of the healthiest foods to consume. Frozen fruits provide a convenient alternative to fresh fruits, which are in season. Within a few hours after being harvested, the frozen fruits are harvested at their ripest, blanched, diced, frozen, and stored. Frozen fruits are covered with sugar or ascorbic acid to prevent them from spoiling. The amount of nutrients remains unchanged even after freezing. Fruits are picked when they are at their peak ripeness and then frozen to preserve their flavor, freshness, and nutritional value. By quickly freezing the food at extremely low temperatures, this preservation method prevents the formation of germs and enzymes that might lead to deterioration. The demand for ready-to-eat products like frozen fruits is rising due to the growing number of people who work and have busy lives, which is expected to promote the industry's rise. In addition to ensuring optimal fruit utilization, this lowers waste. These factors are anticipated to aid in the frozen fruit industry's growth. Changes in people's lives and greater disposable money both drive up demand. However, it is anticipated that consumer beliefs regarding the nutrient deficiency of frozen fruits are preventing them from growing in the market. In more prosperous nations like as the United States, the impression of them as manufactured meals with added preservatives have partly changed.

 

The tropical segment is anticipated to hold the greatest share of the global frozen fruits market during the projected timeframe.   

Based on the product, the global frozen fruits market is divided into citrus, tropical, and berries. Among these, the tropical segment is anticipated to hold the greatest share of the global frozen fruits market during the projected timeframe. In these fruits are frozen papaya, pineapples, mangoes, coconuts, bananas, avocados, guavas, nance, and mamey. Unfavorable weather makes it difficult to produce these fruits, which drives up demand. Due to rising demand, businesses are now required to make frozen versions in order to avoid supply shortages. The demand for frozen tropical fruits, such as avocado, papaya, pineapple, and mango, has increased significantly in recent years.   

 

The offline segment is anticipated to hold the greatest share of the global frozen fruits market during the projected timeframe.   

Based on the distribution channel, the global frozen fruits market is divided into online, and offline. Among these, the offline segment is anticipated to hold the greatest share of the global frozen fruits market during the projected timeframe. Offline links include things like specialist frozen food stores, convenience stores, supermarkets, and hypermarkets. Along with the convenience of in-person browsing and selection, these real retail sites provide clients access to a wide variety of frozen fruit choices. In-person product inspection and selection, familiarity with customers, and established market dominance are the reasons behind the offline segment's continued success.     

 

North America is expected to hold the largest share of the global frozen fruits market over the forecast period.

 

North America

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North America is expected to hold the largest share of the global frozen fruits market over the forecast period. The region's dominance may be attributed to its well-established frozen food infrastructure as well as the significant demand from customers for quick and wholesome meal options. As supermarkets, hypermarkets, and convenience stores are so extensively dispersed across North America, a vast variety of frozen fruit products are readily available. Furthermore, contributing to North America's dominant market position in the frozen fruits sector is the region's emphasis on living a healthy lifestyle and the rising popularity of smoothies and frozen desserts. 

 

Asia Pacific is predicted to grow at the fastest pace in the global frozen fruits market during the projected timeframe. Changes in nutritional preferences, rising levels of disposable income, and increasing urbanization are some of the factors driving the region's remarkable market expansion. As people in the Asia Pacific grow more health aware and seek quick food options, the use of frozen fruit is increasing. Furthermore, the expansion of the retail sector, improved cold chain infrastructure, and the impact of Western culinary customs are all contributing factors to the growth of the frozen fruit market in Asia Pacific. The region's proliferation of exotic and tropical fruit varieties contributes to the rising popularity and demand for frozen fruits across the Asia Pacific.

 

Major vendors in the global frozen fruits market include SunOpta Inc, Diafrost Frozen Fruit Industry N.V., Arla Foods, Dean Foods,Capricorn Food Products India Ltd., Cal Pacific Specialty Foods, Ravifruit (Kerry Group), Uren Food Group Limited., Venus Processing and Packaging Limited (Sympli),  Nestlé, Inventure Foods, Inc., Dairy Farmers of America, Fruitex Australia, Danone, Rosemary and Thyme Limited, Others.

 

Recent Developments

  • In March 2024, Mars, the manufacturer of frozen food, introduced Trü Frü in the UK to capitalize on the craze for fruit coated in chocolate. Tesco has introduced three 227g fruit-filled varieties: White Chocolate & Coconut Piña Colada Pineapple, White and Dark Chocolate Raspberries, and White and Milk Chocolate Strawberries.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global frozen fruits market based on the below-mentioned segments:

 

Global Frozen Fruits Market, By Product

  • Citrus
  • Tropical
  • Berries
  • Others

 

Global Frozen Fruits Market, By Distribution Channel

  • Online
  • Offine

 

Global Frozen Fruits Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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