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.

Industry: Food & Beverages

RELEASE DATE Jun 2024
REPORT ID SI4763
PAGES 220
REPORT FORMAT PathSoft

Global Frozen Fruit Market Insights Forecasts to 2033

  • The Global Frozen Fruit Market Size was Valued at USD 4.29 Billion in 2023
  • The Market Size is Growing at a CAGR of 6.01% from 2023 to 2033
  • The Worldwide Frozen Fruit Market Size is Expected to Reach USD 7.69 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Frozen Fruit Market

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The Global Frozen Fruit Market Size is Anticipated to Exceed USD 7.69 Billion by 2033, Growing at a CAGR of 6.01% from 2023 to 2033.

 

Market Overview

Frozen fruit is packed with vitamins, minerals, and antioxidants that promote overall health, making it one of the healthiest foods to consume. As fresh fruits are seasonal, frozen fruits offer a simple substitute. The frozen fruits are gathered when they are at their ripest, blanched, chopped, frozen, and stored within a few hours of harvesting. To stop them from rotting, frozen fruits are coated with sugar or ascorbic acid. Even after freezing, the amount of nutrients is unaffected. Fruits that have been frozen to retain their nutritional content, freshness, and flavor are collected at the height of ripeness and processed. In order to stop the growth of bacteria and enzymes that might cause spoiling, this preservation technique entails rapidly freezing the food at extremely low temperatures. One frequent way of conservation is to store fruits frozen. This lengthens the market shelf life by preventing microbial growth. It is safe to consume frozen food that has been packaged, kept at 0°Frequency, and kept frozen. Fruits that are frozen are therefore regularly shipped abroad. The use of freezer technology enables food preservation throughout the year and supply around the globe as some foods and meats are seasonal and only accessible in specific regions. To accommodate a variety of client tastes, the market offers a broad selection of frozen fruits, such as berries, citrus fruits, tropical fruits, and others. Technological developments in freezing methods and fruit packaging, which guarantee the fruits' flavor, texture, and nutritional content, also have an impact on the market. Furthermore, the market is expanding significantly as a result of the proliferation of distribution channels, which make a wide range of frozen fruit items easily accessible. These channels include supermarkets, hypermarkets, internet platforms, and specialty frozen food stores.

 

Report Coverage

This research report categorizes the market for the global frozen fruit market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global frozen fruit market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global frozen fruit market.

 

Global Frozen Fruit Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023: USD 4.29 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.01%
2033 Value Projection:USD 7.69 Billion
Historical Data for:2019-2022
No. of Pages:220
Tables, Charts & Figures:100
Segments covered:By Product, By Distribution Channel
Companies covered:: SunOpta Inc, Diafrost Frozen Fruit Industry N.V., Nestlé, Capricorn Food Products India Ltd., Cal Pacific Specialty Foods, Ravifruit (Kerry Group), Uren Food Group Limited., Venus Processing and Packaging Limited (Sympli), Rosemary and Thyme Limited, Inventure Foods, Inc., Dairy Farmers of America, Fruitex Australia, Danone, Arla Foods, Dean Foods, and other key companies.
Pitfalls & Challenges:Covid-19 Empact, Challenges, Growth, Analysis

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Driving Factors

The growing number of people who work and have busy lives is driving up demand for ready-to-eat foods like frozen fruits, which is predicted to support the industry's expansion. This ensures the best possible use of fruit and reduces waste. It is expected that these elements will support the expansion of the frozen fruit business. Demand is increased by rising disposable income as well as changes in people's lifestyles. The frozen fruit business is growing due to the fruit industry's steady supply of frozen fruit at a rapid pace. Users are becoming more inclined to buy canned food items instead of frozen fruits as a result of growing concerns about eating healthily, which is expected to boost the size of the frozen fruit industry. The population's high level of disposable income fuels market expansion. The removal of frozen fruit from the food category results in an improvement in food convenience. The expansion of the food sector, which annually promotes seasonal fruits, has a significant impact on how the frozen fruit market develops.

 

Restraining Factors

It is anticipated that customer perceptions about frozen fruits' lack of nutrients are impeding their market expansion. Although they are still viewed as processed meals with extra preservatives, this perception has somewhat shifted in wealthy nations like the United States. However, it will take some time to alter consumers' perceptions of frozen fruits in several developing nations. It is predicted that this issue would impede the expansion of the frozen fruit sector. The absence of global understanding about the health advantages of frozen fruit and the lack of associations for frozen food items as a result of poor advertising is predicted to limit market expansion. The incorrect food connections that might assist folks in altering their misconceptions regarding frozen fruits and other related products is further anticipated to restrict market growth.

 

Market Segmentation

 

The global frozen fruit market share is classified into product and distribution channel.   

  • The tropical segment is expected to hold the largest share of the global frozen fruit market during the forecast period.   

Based on the product, the global frozen fruit market is divided into citrus, tropical, and berries. Among these, the tropical segment is expected to hold the largest share of the global frozen fruit market during the forecast period. Frozen papaya, pineapples, mangoes, coconuts, bananas, avocados, guavas, nance, and mamey are some of these fruits. Producing these fruits is made difficult by unfavorable weather, which increases demand for them. Companies now have to produce frozen versions due to increased demand in order to prevent shortages in supplies. Recent years have seen the highest demand for frozen tropical fruits, including avocado, papaya, pineapple, and mango.  

 

  • The offline segment is expected to hold the largest share of the global frozen fruit market during the forecast period.   

Based on the distribution channel, the global frozen fruit market is divided into online, offline. Among these, the offline segment is expected to hold the largest share of the global frozen fruit market during the forecast period. Supermarkets, hypermarkets, convenience stores, and specialty frozen food stores are examples of offline connections. These actual retail locations give customers access to a large range of frozen fruit alternatives along with the benefit of in-person browsing and choosing. Due to its established market share, customer familiarity, and in-person product inspection and selection, the offline segment continues to enjoy popularity.

 

Regional Segment Analysis of the Global Frozen Fruit Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global frozen fruit market over the predicted timeframe.

 

North America

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North America is anticipated to hold the largest share of the global frozen fruit market over the predicted timeframe. The region's supremacy might be ascribed to both a well-established frozen food infrastructure and the high customer desire for quick and healthful meal alternatives. Supermarkets, hypermarkets, and convenience stores are widely distributed throughout North America, making a large selection of frozen fruit items easily accessible. Furthermore, the region's emphasis on leading a healthy lifestyle and the growing appeal of smoothies and frozen desserts are factors in North America's strong market position in the frozen fruits industry.  

 

Asia Pacific is expected to grow at the fastest pace in the global frozen fruit market during the forecast period. A number of variables, including changing dietary tastes, increased disposable income, and growing urbanization, are contributing to the region's notable market rise. Frozen fruit consumption is rising as consumers in the Asia Pacific become more health-conscious and look for convenient eating choices. In addition, the Asia Pacific frozen fruit industry is growing due to the influence of Western culinary habits, the growing retail sector, and better cold chain infrastructure. The abundance of tropical and exotic fruit species found in the region also adds to the growing demand and appeal of frozen fruits throughout the Asia Pacific.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global frozen fruit market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

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

 

Key Target Audience

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

 

Recent Developments

 

  • In March 2024, to capitalize on the trend for fruit dipped in chocolate, Mars, the frozen food maker, launched Trü Frü in the UK. Tesco released three 227g varieties with actual fruit: Piña Colada Pineapple in White Chocolate & Coconut, Raspberries in White & Dark Chocolate, and Strawberries in White & Milk Chocolate.

 

  • In November 2023, Golden West Food Group's HERSHEY'S Chocolate brand has announced the launch of new frozen chocolate-covered fruit products, which combine genuine fruit with rich chocolate. It is now conveniently available at Walmart.

 

  • In November 2023, Pukpip added Real Banana Bites to their lineup of frozen fruits. The supplier debuted in the UK in January with two misshapen bananas wrapped in chocolate.

 

 

Market Segment

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

 

Global Frozen Fruit Market, By Product

  • Citrus
  • Tropical
  • Berries
  • Others

 

Global Frozen Fruit Market, By Distribution Channel

  • Online
  • Offline

 

Global Frozen Fruit Market, Regional

  • 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

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    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.
  • 2. What is the size of the global frozen fruit market?
    The global frozen fruit market is expected to grow from USD 4.29 Billion in 2023 to USD 7.69 Billion by 2033, at a CAGR of 6.01% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global frozen fruit market over the predicted timeframe.

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