Frozen Fruits Market to Witness A Major Uptick In Demand Through The Forecast Period By 2024

Market Overview

Fruits are an integral part of the daily diets of individuals around the world, owing to their nutritive values and varied flavor profiles. Market focused reports related to the food, beverages and nutrition sector among others recently have been presented by Market Research Future which publishes reports on this market.

The fruits can now be made available well beyond their seasonal cycles owing to the development of this market thereby creating inelasticity in demand for the market. The rise in demand for bakery, confectionery and dairy products will provide a further push to the expansion of the market.

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Major Key Players Analysis

The constant delivery of customer value has enhanced the market value of the industry. The accelerating levels of diversification in the industry, have allowed the companies to employ many opportunities available in the industry. The firms in this market are adapting to the state of events by implementing portfolio upgrades and maintaining financial liquidity.

Pinnacle Foods Corp. (US), General Mills (U.S.), Ardo NV (Belgium), Findus Sverige AB, (Sweden), HJ Heinz (US), Dole (U.S.), Simplot Australia PTY Ltd (Australia), and Bonduelle Group (France) are the important players covered in the Frozen Fruits Market.

Industry Segments

Global Frozen Fruits Market globally is segmented on the basis of type, form, packaging, application, and regions. The type segment of the market comprises of drupes, melons, prune fruits, tropical fruits, and other fruit. The form based segmentation of the market comprises of whole, puree, topping and other processed forms. The segmentation of the market by packaging includes 30 Kgs., 10-15 Kgs., 15-30 Kgs., <10 Kgs. On the basis of application, the market consists of breakfast cereals, fruit juices & smoothies, desserts, fruit- whole fruits, bakery foods, yoghurt, and others. Lastly, the segmentation based on region comprises of geographical regions such as North America, Europe, APAC and Rest of the World.

Regional Analysis

The APAC region will observe a high growth phase in the water melon market followed by the North American region. Nonetheless, the volume wise market share will continue to increase under APAC region with more than a 60% share. With rising disposable incomes in nations such as India and China along with the rising demand for processed and frozen products will drive demand to greater levels as the food of this market high degree of convenience. As the tediousness of peeling and cleaning is eliminated, direct consumption becomes simpler. The countries where there is a lack of frozen, fresh fruits and packed fruits have found favor. As freezing preserves food, unwanted additives are not included in frozen food packages.

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