Global Frozen Artichoke Market, By Product Type (Whole Frozen Artichokes, Frozen Artichoke Hearts, Frozen Artichoke Bottoms, Frozen Artichoke Halves/Quarters), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Food Service Providers), End-Use (Retail, Food Service, Food Processing) - Industry Trends and Forecast to 2031.
Frozen Artichoke Market Analysis and Size
Increasing consumer preference for convenient and easy-to-prepare food options drives the demand for frozen artichokes, which offer pre-prepared and ready-to-use convenience in cooking is expected to fuel the growth of the global frozen artichoke market. Additionally, emerging economies present untapped potential for the frozen artichoke market, driven by evolving consumer preferences and the growth of modern retail infrastructure offers the favorable growth opportunities.
Data Bridge Market Research analyses that the global frozen artichoke market was valued at USD 298.5 million in 2023 is expected to reach the value of USD 490.31 million by 2031, at a CAGR of 6.4% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Whole Frozen Artichokes, Frozen Artichoke Hearts, Frozen Artichoke Bottoms, Frozen Artichoke Halves/Quarters), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Food Service Providers), End-Use (Retail, Food Service, Food Processing)
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Countries Covered
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U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Monteray Farm’s Flowers & Gift (U.S.), Orogel Group (Italy), La Petite Bretonne(Canada), Armanino Foods of Distinctio (U.S.), Olive Delights(Greece), Al-Ghani Pty Ltd(Australia), Panafruit(France),Campo Rico (Spain) among others
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Market Opportunities
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Market Definition
Frozen artichoke refers to the edible portion of the artichoke plant that has been harvested, cleaned, trimmed, and then frozen to preserve its freshness and flavor. The freezing process involves rapidly cooling the artichoke hearts or other parts to sub-zero temperatures, locking in nutrients and extending shelf life. Frozen artichokes are convenient for consumers and foodservice operators as they eliminate the need for labor-intensive preparation. They can be used directly in cooking applications such as salads, pasta dishes, pizzas, and dips. Frozen artichokes retain much of the taste and texture of fresh artichokes, making them a versatile and accessible ingredient in various culinary preparations.
Frozen Artichoke Market Dynamics
Drivers
- Increasing Demand for Convenient Food Products
The consumers are increasingly seeking convenient food options that require minimal preparation time. Frozen artichokes provide a convenient way to incorporate this nutritious vegetable into meals without the hassle of cleaning and preparing fresh artichokes. This trend drives the demand for frozen artichokes, particularly among busy consumers and households. As consumers become more health-conscious, they are seeking out nutrient-rich foods such as artichokes known for their health benefits, such as high fiber content and antioxidants. The demand for frozen artichokes increases as consumers look for convenient ways to include healthier options in their diets.
- Expanding Food Processing Industry
The expansion of the food processing industry, particularly the growth in frozen food manufacturing, is instrumental in enhancing the availability and distribution of frozen artichokes across diverse markets. This industry's development creates new production and distribution channels, enabling frozen artichokes to reach global consumers more efficiently. As frozen food manufacturers increase their operations and market reach, they amplify the accessibility of frozen artichokes worldwide, meeting consumer demand beyond regions where fresh artichokes may not be readily available year-round. Consequently, this growth supports culinary diversity and convenience in global food markets, enriching culinary experiences and preferences.
Opportunity
- Rising Demand for Ethnic and Gourmet Foods
The rising demand for ethnic and gourmet foods, particularly those influenced by Mediterranean cuisine where artichokes are a staple ingredient, significantly boosts the consumption of frozen artichokes. Mediterranean and gourmet dishes have gained widespread popularity globally, showcasing the versatility and appeal of artichokes in diverse culinary creations such as salads, dips, pasta dishes, and pizzas. This culinary trend reflects a broader shift towards embracing ethnic flavors and ingredients, stimulating increased use of frozen artichokes in households and food service establishments alike. Consequently, the global demand for frozen artichokes continues to surge as consumers seek out authentic and innovative culinary experiences rooted in ethnic and gourmet traditions.
- Growth in Foodservice Sector
The frozen artichokes offer chefs and foodservice operators the flexibility to incorporate this gourmet ingredient into a wide range of dishes. From appetizers such as dips and salads to main courses such as pasta, pizzas, and specialty entrées, frozen artichokes add depth and flavor to menu offerings. Frozen artichokes provide consistent quality and availability throughout the year, unlike fresh artichokes that have seasonal limitations. This consistency allows restaurants to plan and maintain menu items without worrying about seasonal fluctuations in ingredient supply.
Restraints/Challenges
- Disruption in Supply Chains
Challenges such as equipment maintenance, limited availability of refrigerated transportation, and long transit times can impact the quality and shelf life of frozen artichokes. The frozen food supply chain involves multiple stakeholders, including farmers, processors, distributors, and retailers. Coordinating these various entities to ensure seamless movement of frozen artichokes from production to consumption can be challenging, especially when different parts of the supply chain operate independently or are geographically dispersed.
- Price Sensitivity and Competition from other Frozen Vegetables
Frozen artichokes are a labor-intensive crop to grow and harvest. The handling and processing of artichokes to prepare them for freezing can also be more complex compared to other vegetables. Artichokes have specific growing seasons and may not be as widely cultivated or available year-round compared to more common frozen vegetables. Limited availability can impact economies of scale and contribute to higher production costs. Price-conscious consumers may opt for more affordable frozen vegetable options over frozen artichokes, leading to reduced demand for artichoke products.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In April 2024, Orogel, an Italian frozen food company, has established a dominant position in the frozen artichoke market, holding a 67% share. This success is largely due to its comprehensive control over the production chain, including the cultivation of exclusive artichoke varieties and a strategic partnership with the agricultural cooperative Arpor, which produces 9 thousand tons of artichokes annually
Frozen Artichoke Market Scope
The market is segmented into product type, distribution channel, and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Whole Frozen Artichokes
- Frozen Artichoke Hearts
- Frozen Artichoke Bottoms
- Frozen Artichoke Halves/Quarters
Distribution Channel
- Supermarkets/hypermarkets
- Specialty stores
- Online retail
- Food service providers
End-Use
- Retail
- Food service
- Food processing
Frozen Artichoke Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by product type, distribution channel, and end-use as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa.
Asia-Pacific is the most dominating region in global frozen artichoke market, holding the highest share due to increasing consumer preference for convenient and easy-to-prepare food options drives the demand for frozen artichokes.
China dominates in the global frozen artichoke market as there is a growth in the foodservice sector, including restaurants, hotels, and catering services, creates opportunities for bulk purchases of frozen artichokes as a versatile ingredient for culinary applications.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Frozen Artichoke Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Monteray Farm’s Flowers & Gift (U.S.)
- Orogel Group (Italy)
- La Petite Bretonne(Canada)
- Armanino Foods of Distinctio (U.S.)
- Olive Delights(Greece)
- Al-Ghani Pty Ltd(Australia)
- Panafruit(France)
- Campo Rico (Spain)
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