Frozen Vegetables Market Increasing at A Phenomenal Pace to Reach USD 44,201.6 Million by 2028

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 Product

  • Asparagus
  • Broccoli
  • Green Peas
  • Mushrooms
  • Spinach
  • Corn
  • Green Beans
  • Carrots
  • Cauliflower
  • Bell Peppers
  • Spring Onion
  • Tomatoes
  • Onion
  • Others

By End-User

  • Food Service Industry
  • Retail Customers

By Distribution Channel

  • Discounters
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retail
  • Retail
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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