IQF vegetable Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

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Report Code: ZMR-3339 | Report Format : | Status : Upcoming |

Abstract

Global IQF Vegetable Market: Overview

The (IQF) Individual Quick Freezing technology involves vegetables being frozen as individual pieces that are different than other freezing processes. Several foods can be preserved for a longer period if they employ the IQF process until they are used. In this method of freezing, the breakage of the cell walls of the food items is prevented since the freezing process is quick. The IQF process of freezing vegetables is far superior to the conventional process since this technology is ideal for preserving seasonal vegetables. 

Global IQF Vegetable Market: Growth Factors

Growing consumer demand for perishable foods, development, & expansion of food retail chains by multinationals are the key factors that drive the global IQF vegetable market. Other factors such as rising in demand for convenience food products and growth in availability of non-seasonal food products are propelling the market growth. Easy storage properties and availability at a low price are projected to fuel the demand for market across the globe. However, environmental concerns regarding greenhouse gas emissions are the major factor hampering the market growth. Increasing cases of bacteria in IQF vegetables is hindering the growth of the market. Government initiatives to reduce post-harvest and processed food wastage are the potential opportunities for the market players operating in the global IQF vegetables IQF Vegetable market. In addition, demand for premium products and a new growth frontier creates ample opportunities for the market vendors over the coming years. Strict compliance with food safety regulations and high investment & infrastructure costs are the major challenges faced by the market players.

Global IQF Vegetable Market: Segmentation

The global IQF vegetable market can be segmented on the basis of vegetable type, application, and region. On the basis of vegetable type, the market is fragmented into beans, peas, corn & baby corn, broccoli & cauliflower, potato, onion, tomato, and carrot. Application wise, the market is segmented into food, beverage, and concentrates. In terms of region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Global IQF Vegetable Market: Regional Analysis

Geographically, North America is projected to show a sluggish revenue growth for IQF vegetable market due to fast-paced modern lifestyles and hygienic fruit products that eliminate the conventional hassles of cleaning and chopping fresh fruits. The North American market has the largest market share worldwide in spite of the having a low growth rate in current years. United State is contributed to a large share in IQF vegetable market due to preference towards frozen food and high disposable income. Western Europe has the largest market for IQF vegetables. Numerous developing countries such as India & Russia are following the footsteps of the United State and the people living in these countries started preferring frozen vegetables. Latin America and the Asia Pacific excluding Japan are expected to remain fast-growing IQF vegetable markets. Middle East & Africa is the most lucrative region for the growth of IQF vegetable market.

Global IQF Vegetable Market: Competitive Players

The major market players in the global IQF vegetables market are GEA, JBT, MAREL, Air Products and Chemicals, Messer Group, Air Liquid, and The Linde Group, among others.

Global IQF vegetable Market: Regional Segment Analysis

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

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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