The global Frozen Vegetables market is expected to witness tremendous growth in the next few years. The rise in awareness level about the numerous benefits of frozen vegetables will support the growth of this market. Important factors such as rising disposable income, growth in living standards, and changing food habits of consumers have been boosting the growth of the global Frozen Vegetables market steadily. Moreover, the substantial increase in the number of big retail chains, particularly supermarkets and hypermarkets, is also propelling the growth of this worldwide market.
Furthermore, the increasing number of working women, worldwide, is reflecting on the augmented dependence on readymade or ready-to-cook food products. This key fact is boosting the demand for frozen vegetable across the world, considerably. With this trend ongoing to increases the demand for frozen vegetables in the coming period, the global market is anticipated to experience remarkable growth in the near future.
On the downside, there is a perception among consumers that frozen vegetables are low on nutritional value, this fact may hamper the growth of the Frozen Vegetables market. Additionally, the shortage of suitable refrigeration facilities in rural and semi-urban areas may also hinder the growth of the market in the next few years. Besides this, the technological progressions in food refrigeration will create various opportunities for this market’s growth in the future.
Covid-19 Impact on Frozen Vegetables Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world
Frozen Vegetables Market Segment Overview
According to Product, the Corn segment has the maximum share in the global Frozen Vegetables market owing to the easy availability of corn all over the world and the high application of corn and corn-based food items in quick-service restaurants and food outlets. As well, Retail Customers is the largest end-user segment in the frozen vegetables market. This is due to the factor of immediate satisfaction and the option of trial before purchase. Furthermore, by Distribution Channel, the Supermarket/ Hypermarket segment dominated the frozen vegetables market. This is because these retail formats provide a bigger shopping experience. Also, these retail formats provide a one-stop solution to several shopping requirements which further boosts their popularity in the world market.
Frozen Vegetables Market, By Product
· Asparagus
· Broccoli
· Green Peas
· Mushrooms
· Spinach
· Corn
· Green Beans
· Others
Frozen Vegetables Market, By End-User
· Food Service Industry
· Retail Customers
Frozen Vegetables Market, By Distribution Channel
· Discounters
· Supermarkets/Hypermarkets
· Others
Frozen Vegetables Regional Overview
In terms of region, Europe and North America are significant regions for the global Frozen Vegetables market. This is because there is high demand for frozen vegetables in this region and is projected to continue this demand in the years ahead. Similarly, the Frozen Vegetables market in the Asia Pacific is anticipated to grow at a higher rate in the forthcoming years. The increasing preference for frozen vegetables in daily food among consumers in China and India will support the Asia Pacific frozen vegetables market over the forecast period.
Frozen Vegetables Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Frozen Vegetables Market, Key Players
· Aryzta AG
· Kraft Foods Group Inc.
· General Mills Inc.
· The Bonduelle Group
· Ajinomoto Co. Inc.
· Europastry S.A.
· Cargill Incorporated
· JBS S.A.
· Nestle S.A.
· Kellogg Co.
· Flower Foods
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Frozen Vegetables Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Asparagus
- 5.2.2. Broccoli
- 5.2.3. Green Peas
- 5.2.4. Mushrooms
- 5.2.5. Spinach
- 5.2.6. Corn
- 5.2.7. Green Beans
- 5.2.8. Others
- 5.3. Market Analysis, Insights and Forecast – By End-User
- 5.3.1. Food Service Industry
- 5.3.2. Retail Customers
- 5.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.4.1. Discounters
- 5.4.2. Supermarkets/Hypermarkets
- 5.4.3. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Frozen Vegetables Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Asparagus
- 6.2.2. Broccoli
- 6.2.3. Green Peas
- 6.2.4. Mushrooms
- 6.2.5. Spinach
- 6.2.6. Corn
- 6.2.7. Green Beans
- 6.2.8. Others
- 6.3. Market Analysis, Insights and Forecast – By End-User
- 6.3.1. Food Service Industry
- 6.3.2. Retail Customers
- 6.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.4.1. Discounters
- 6.4.2. Supermarkets/Hypermarkets
- 6.4.3. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Frozen Vegetables Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Asparagus
- 7.2.2. Broccoli
- 7.2.3. Green Peas
- 7.2.4. Mushrooms
- 7.2.5. Spinach
- 7.2.6. Corn
- 7.2.7. Green Beans
- 7.2.8. Others
- 7.3. Market Analysis, Insights and Forecast – By End-User
- 7.3.1. Food Service Industry
- 7.3.2. Retail Customers
- 7.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.4.1. Discounters
- 7.4.2. Supermarkets/Hypermarkets
- 7.4.3. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Frozen Vegetables Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Asparagus
- 8.2.2. Broccoli
- 8.2.3. Green Peas
- 8.2.4. Mushrooms
- 8.2.5. Spinach
- 8.2.6. Corn
- 8.2.7. Green Beans
- 8.2.8. Others
- 8.3. Market Analysis, Insights and Forecast – By End-User
- 8.3.1. Food Service Industry
- 8.3.2. Retail Customers
- 8.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.4.1. Discounters
- 8.4.2. Supermarkets/Hypermarkets
- 8.4.3. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Frozen Vegetables Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Asparagus
- 9.2.2. Broccoli
- 9.2.3. Green Peas
- 9.2.4. Mushrooms
- 9.2.5. Spinach
- 9.2.6. Corn
- 9.2.7. Green Beans
- 9.2.8. Others
- 9.3. Market Analysis, Insights and Forecast – By End-User
- 9.3.1. Food Service Industry
- 9.3.2. Retail Customers
- 9.4. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.4.1. Discounters
- 9.4.2. Supermarkets/Hypermarkets
- 9.4.3. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Aryzta AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Kraft Foods Group Inc.
- 10.6. General Mills Inc.
- 10.7. The Bonduelle Group
- 10.8. Ajinomoto Co. Inc.
- 10.9. Europastry S.A.
- 10.10. Cargill Incorporated
- 10.11. JBS S.A.
- 10.12. Nestle S.A.
- 10.13. Kellogg Co.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
