The global frozen fruits market is segmented into fruit type such as frozen red fruits and berries, tropical frozen fruits and citrus frozen fruits. Further, frozen red fruits and berries segment dominated the global frozen fruits market. Wide range of applications of frozen red fruits and berries such as in preparation of ice creams & chocolates, preparation of barbecue sauce, sorbet & sherbet and many more products are expected to increase the demand for frozen fruits across the globe.
Global frozen fruits market is expected to register a noteworthy CAGR over the forecast period. Moreover, the global frozen fruits market was valued at USD 1,825.0 Million in 2015 and is envisioned to expand at maximum pace during the forecast period. Factors such as, rising health awareness amongst the consumers and increased spending on healthy food items are projected to drive the growth of Global Frozen Fruit Market in upcoming years. Furthermore, increasing import and export of fruits due to increasing demand for varieties of fruits from food and beverage industries in a number of countries such as France, Portugal and U.K. is a major factor which is expected to foster the growth of global market in near future.
The beverage industry segment by application is likely to grow at remarkable pace over the forecast period. This growth of beverage industry segment can be attributed to rising demand for frozen fruits in beverage industry for preparation of variety of fruit juice products. Furthermore, increasing demand for packaged fruit juice is likely to increase the growth of this segment in future.
Rapid urbanization developing countries such as India and China is a key factor which is fuelling the demand for ready to eat food items such as frozen fruits. Apart from this, swelled disposable income of the consumers and increasing spending on new good and services are anticipated to augment the demand for frozen fruits across the globe.
Rising Health Awareness
Increasing health consciousness amongst the population and growing awareness regarding nutrition strength of frozen fruits are likely to be the key reasons behind the growth of global frozen fruits market. However misconception amongst the population regarding nutrition of frozen fruits and higher preference of fresh fruits over frozen fruits are some of the factors that are hampering the growth of the frozen fruits market in the near future.
The report titled “Global Frozen Fruits Market Analysis & Opportunity Outlook 2021” delivers detailed overview of the global frozen fruits market in terms of market segmentation by fruit type, by technology, by application and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global frozen fruits market which includes company profiling of Dole Packaged Foods, LLC, Kendall Frozen Fruits, Inc., Ravifruit, Natural Frozen Foods, Euroberry Pty Ltd., Paradise Fruits, BC FROZEN FOODS, GÖKNUR GIDA, Jain Irrigation Systems Ltd., Fruitmark Pty Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global frozen fruits market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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