Global IQF Vegetable Market Set For Rapid Growth, To Reach USD 1,669 Million By 2024

22-Oct-2018 | Zion Market Research

Zion Market Research has published a new report titled “IQF Vegetable Market By Product Type (Beans, Peas, Corn & Baby Corn, Broccoli & Cauliflower, Potato, Onion, Tomato, Carrot, and Others) and By End-User (Retail and Industry (Food and Beverage)): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024”. According to the report, the global IQF vegetable market was valued at around USD 1,149.33 million in 2017 and is expected to reach approximately USD 1,669 million by revenue by 2024, growing at a CAGR of around 6.67% between 2018 and 2024.

IQF vegetables stand for individually quick frozen vegetables. IQF vegetables have good nutritional value and quality as compared to other frozen vegetables. In addition, IQF vegetables have good flavor and texture as compared to other frozen vegetables. Tiny crystals are formed within the vegetables that keep the vegetables fresh for a longer duration. The IQF process of freezing vegetables is better than the conventional process.

Browse the full "IQF Vegetable Market By Product Type (Beans, Peas, Corn & Baby Corn, Broccoli & Cauliflower, Potato, Onion, Tomato, Carrot, and Others) and By End-User (Retail and Industry (Food and Beverage)): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024" report at

Increasing population and growing preference toward frozen food are driving the IQF vegetable market growth globally. Increasing demand for food products with longer shelf life and growing demand for seasonal fruits and vegetables across the year are anticipated to fuel the expansion of the IQF vegetable market in the future. In addition, increasing globalization and trade across borders is also anticipated to contribute to this market’s growth globally.


On the basis of product type, this market can be classified into beans, onion, corn and baby corn, peas, broccoli and cauliflower, tomato, potato, and carrot. The peas segment is anticipated to grow at the fastest CAGR, owing to the increasing demand for peas. The IQF vegetable market can be segmented on the basis of end-user as retail and industry. The industry segment is further sub-segmented as food and beverage. In terms of revenue, the food sub-segment is anticipated to dominate the IQF vegetable market during the forecast period. However, beverage application of IQF vegetable is projected to dominate the IQF vegetable market in the near future. 

In 2017, North America was the leading region in terms of IQF vegetable demand. This was largely due to the high demand for IQF vegetables in the U.S. and Canada. Increasing demand for frozen vegetables in the region is propelling the demand for IQR vegetable, which is likely to amplify the IQF vegetable market in the region. Developed countries, like Russia and Germany, and developing countries, such as India and China, are following the footprints of the U.S., which is anticipated to boost the IQF vegetable market in European and the Asia Pacific regions. Increasing population and rising affordability of IQF vegetables by population in the regions are estimated to spurt the IQF vegetable market in Europe and the Asia Pacific. Increasing demand for exotic fruits and vegetables in Europe is further increasing the demand for IQF vegetables in Europe, especially in Western Europe. Latin America is anticipated to show the fastest growth in IQF vegetable market, owing to increasing tourism industry in the region. In addition, growing beverage and food industry in the region is further accelerating the IQF vegetable market. The Middle East and Africa region are likely to show considerable growth in the IQF vegetable market due to growing middle-class population and increasing disposable income.

The global IQF vegetable market comprises chief players that accounted for a major market share in 2017. The key players of this market have been investing in research & development, increasing production capacity, reducing the price of vegetables, technological advancement, maintaining standards, and product innovation in order to retain their dominance in the market. Some key players are Uren Food Group Limited, SunOpta Inc., Kerry Group Plc., J.R. Simplot Co., Greenyard NV, and B&G Foods Holdings Corp.

This report segments the global IQF vegetable market as follows:

Global IQF Vegetable Market: Product Type Segment Analysis

  • Beans
  • Corn & Baby Corn
  • Broccoli & Cauliflower
  • Potato
  • Onion
  • Tomato
  • Carrot
  • Others

Global IQF Vegetable Market: End-User Segment Analysis

  • Retail
  • Industry
  • Food
  • Beverage

Global IQF Vegetable Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:
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.

Contact 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


Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed