17-Jun-2021 | Zion Market Research
Some of key players in sports nutrition market are Aryzta AG, General Mills Inc., Kraft Foods Group Inc., Ajinomoto Co. Inc., Cargill Incorporated, Europastry S.A., JBS S.A., Kellogg Company, Nestle S.A. among others. These players are set to bolster the development of frozen vegetables market.
According to analysts at Zion Market Research, the global sports nutrition market accounted for USD 29,468 Million in 2020 and is expected to reach USD 44201.6 Million by 2028, growing at a CAGR of more than 5.6% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “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): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Consumer Preference Towards Sports Nutrition Platforms to Spur Growth
Increasing demand and easy availability of the frozen market is driving the market. People now don’t have to cook for hours killing all the nutrients and minerals, they simply have to opt for frozen vegetables which retains all the nutrients and minerals. Also, the accretion in retail network across the globe is also one of the major growth drivers. People are now getting more health conscious and these frozen vegetables helps them in acquiring all the necessary nutrients. There is an increased demand for frozen food among the population. With the development and technological advancement in the freezing technologies over the time led to the rise in consumption of frozen vegetables.
Presence of Big Players in The Region Support North America Dominance
Europe accounted for a share of 40% in 2020. This is due to the fact that people in Europe prefer buying the frozen vegetables rather buying fresh ones. This also attributable to the rapid changes in consumption habits and lifestyles. They do not prefer cooking for hours rather opt for Meal Ready to Eat (MREs) which are also the part of concentrated frozen food. Additionally, due to the hectic work schedules and improved per capita income also played a major role in the growth of frozen food market in the region.
Asia Pacific is projected to grow at a CAGR of over 7.4% during the forecast period. Frozen vegetables are readily available and provide consumers with a wide range of options because they are available in a variety of brands. Frozen food is commercially available all year, eliminating the problem of seasonal shortages and addressing the issue of food security. Fresh fruits and vegetables present supply chain efficiency challenges due to seasonality and wastage. Freezing also preserves food without adding any unwanted additives. Fresh fruits and vegetables are thrown away due to natural deterioration and poor storage conditions. Frozen fruits and vegetables, on the other hand, can be stored for a longer period of time and have a longer shelf life.
Browse the full “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): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/digital-transformation-market
The global sports nutrition market is segmented as follows:
By Distribution Channel
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651