Global Frozen Vegetables Market
Market Size in USD Billion
CAGR :
% 
USD
20.32 Billion
USD
30.21 Billion
2023
2031
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 20.32 Billion |
 Market Size (Forecast Year) |
USD 30.21 Billion |
 CAGR |
% |
| Major Markets Players |
|
Global Frozen Vegetables Market, By Type (Beans, Corn, Peas, Mushroom, Cauliflower, Green Beans, Asparagus, Broccoli, Carrot, Potato, and Others), Distribution Channel (Direct and Indirect), End User (Food Service Industry, and Retail Customers), Nautre (Organic and Conventional) - Industry Trends and Forecast to 2031.
Frozen Vegetables Market Analysis and Size
The global frozen vegetables market produces and distributes frozen vegetables worldwide, preserving freshness and nutrients through quick freezing. Consumers benefit from convenient access to nutritious vegetables year-round. The market reduces food waste, extends shelf life, and offers versatile options, catering to diverse culinary needs while promoting healthy eating habits and sustainability.
Data Bridge Market Research analyses that the global frozen vegetables market was growing at a value of USD 20.32 billion in 2023 and is expected to reach a value of USD 30.21 billion in 2031 and register a CAGR of 5.08% from 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.
Report Scope and Market Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2024 to 2031 |
|
Base Year |
2023 |
|
Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Beans, Corn, Peas, Mushroom, Cauliflower, Green Beans, Asparagus, Broccoli, Carrot, Potato, Others), Distribution Channel (Direct and Indirect), End User (Food Service Industry, Retail Customers), Nautre (Organic and Conventional) |
|
Countries Covered |
U.S., Canada, Mexic, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in 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 as a part of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa |
|
Market Players Covered |
Amy's Kitchen, Inc. (U.S.), Bellisio Foods, Inc. (U.S.), Conagra Brands, Inc. (U.S.), Findus Group (Sweden), Goya Foods, Inc. (U.S.), Kraft-Heinz, Inc. (U.S.), General Mills Inc. (U.S.), Nestlé (U.S.), WK Kellogg Co (U.S.), B&G Foods, Inc. (U.S.), Unilever Food Solutions (India), McCain Foods Limited (U.S.), Associated British Foods plc (U.K.), Ajinomoto Co,Inc. (U.S.), Lantmannen (Poland) |
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Market Opportunities |
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Market Definition
Frozen vegetables are vegetables that have been harvested, processed, and frozen to preserve their freshness, taste, and nutritional value. Typically, the vegetables are picked at their peak ripeness, quickly blanched or steamed to halt enzyme activity, and then frozen to maintain their quality.
Global Frozen Vegetables Market Dynamics
Drivers
- Increasing Demand for Convenience Foods
The increasing demand for convenience foods such as frozen vegetables is propelled by contemporary lifestyles and evolving consumer preferences favoring convenience. Frozen vegetables provide a hassle-free option for busy individuals seeking quick meal solutions. Additionally, they offer extended shelf life compared to fresh produce, reducing food waste and ensuring availability year-round. With hectic schedules becoming the norm, frozen vegetables align with the need for convenient and time-saving food options, catering to the demands of modern consumers.
- Expansion of Retail Channels to Enhance Accessibility and Visibility
The increasing availability of frozen vegetables across various retail channels, including supermarkets, hypermarkets, convenience stores, and online platforms, coupled with the expansion of distribution networks, has enhanced accessibility and visibility. Consumers now have easier access to a wide range of frozen vegetable options, making it convenient to incorporate them into their diets.
Opportunities
- Innovation in Product Offerings and Packaging
There is an opportunity for frozen vegetable companies to innovate in product offerings by introducing new vegetable varieties, blends, and value-added options, as well as developing sustainable and eco-friendly packaging solutions to meet consumer demands for environmentally responsible products. In innovation in both product diversity and packaging, sustainability enables frozen vegetable companies to capture market share and meet consumer expectations effectively.
- Increasing Business Strategies among the Manufacturers
As demand for frozen vegetables rises, more manufacturers are entering the market, expanding its global presence. The frozen vegetable industry sees a surge in international food trading, leading to larger and more intricate supply chains. Consequently, vegetables must retain freshness for extended periods, fueling sales. This trend underscores the growing complexity and scope of the frozen vegetable market, driven by the increased participation of manufacturers and the expansion of international trade networks.
Restraints/Challenges
- Competition from Fresh Produce
Despite the convenience and longer shelf life offered by frozen vegetables, fresh produce remains a strong competitor in the market. Consumer preferences for fresh and locally sourced vegetables, as well as concerns about the environmental impact of freezing and processing, may limit the growth potential of the frozen vegetable market.
- Storage and Distribution Constraints
Frozen vegetables require proper storage and transportation conditions to maintain quality and prevent spoilage. Inadequate storage facilities and transportation infrastructure may lead to product degradation, loss of quality, and increased costs throughout the supply chain, which hapmers the market.
This global frozen vegetable 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 global frozen vegetable market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In July 2023, according to an article published by Frozen Food Europe. Stated that Actual Veggies introduced its latest frozen offerings, the black bean veggie burger, and super greens veggie burger, in select whole foods market stores nationwide. The rapid traction and successful launch of its latest frozen offerings underscore Actual Veggies' growing market presence and affirm its ability to meet consumer demand
- In June 2023, according to an article published by Cision US Inc., Nortera, a prominent North American processor of frozen and canned vegetables, is launching its renowned Arctic Gardens brand in the U.S. food service sector. Utilizing a proven preservation and freezing technique, Arctic Gardens ensures vegetables maintain taste, color, and nutritional integrity. Offering single vegetables and blends, the brand presents a convenient and economical choice for food service establishments seeking quality produce options
Global Frozen Vegetables Market Scope
The global frozen vegetable market is segmented into three notable segments based on type, end user, distribution channel, and nature. 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.
Type
- Beans
- Corn
- Peas
- Mushroom
- Cauliflower
- Green Beans
- Asparagus
- Broccoli
- Carrot
- Potato
- Others
End User
- Food Service Industry
- Retail Customers
Nature
- Organic
- Conventional
Distribution Channel
- Direct
- Indirect
- Supermarket/Hypermarket
- Grocery Stores
- Convenience Stores
- Online Retailers
- Others
Global Frozen Vegetables Market Regional Analysis/Insights
The global frozen vegetables market is analyzed and market size insights and trends are provided by type, end user, distribution channel, and nature as referenced above.
The countries covered in the global frozen vegetables market report are U.S., Canada, Mexic, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in 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 as a part of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of the Middle East and Africa.
North America dominates the global frozen vegetables market due to strong consumer demand for convenient and nutritious food options, well-established infrastructure, diverse product offerings, and growing health consciousness.
Asia-Pacific is the fastest-growing region in the global frozen vegetables market due to rising consumer demand for convenient and nutritious food options, increasing urbanization, expanding retail infrastructure, and growing awareness of frozen vegetable benefits.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 Global Frozen Vegetables Market Share Analysis
The global frozen vegetables 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 global frozen vegetables market.
Some of the major players operating in the global frozen vegetables market are:
- Amy's Kitchen, Inc. (U.S.)
- Bellisio Foods, Inc. (U.S.)
- Conagra Brands, Inc. (U.S.)
- Findus Group (Sweden)
- Goya Foods, Inc. (U.S.)
- Kraft-Heinz, Inc. (U.S.)
- General Mills Inc. (U.S.)
- Nestlé (U.S.
- WK Kellogg Co (U.S.
- B&G Foods, Inc. (U.S.
- Unilever Food Solutions (India)
- McCain Foods Limited (U.S.
- Associated British Foods plc (U.K.)
- Ajinomoto Co,,Inc. (U.S.),
- Lantmannen (Poland)
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Global Frozen Vegetables Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Frozen Vegetables Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Frozen Vegetables Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
