
Frozen Fruits Market Size, Share & Trends Analysis Report By Product (Citrus, Tropical, Berries), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2020 - 2027
Description
Frozen Fruits Market Size, Share & Trends Analysis Report By Product (Citrus, Tropical, Berries), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2020 - 2027
The global frozen fruits market size is expected to reach USD 5.59 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. Growing popularity of shelf stable products, including packaged fruits and vegetables, as a result of increased occurrences of COVID-19 at the global level is expected to expand the market scope. As most international trade has been affected by the pandemic, consumers are expected to increasingly spend on purchase of packaged food items, such as frozen fruits.
The industry is expected to witness growth owing to increased use of these products in the preparation of various beverages. Mocktails and cocktails have been gaining increased popularity during the last few years as traditional bars and restaurants can be seen creating a space for a variety of these product forms in their menu. Both alcoholic and alcohol-free drinks are being preferred by millennials. These beverages are fortified with a variety of packaged fruits, including grapes, cranberry, cherry, coconut, strawberry, watermelon, blackberry, raspberry, and strawberry. Application scope of these beverages in the commercial and household sectors at the global level is expected to fuel the market growth over the next few years.
The use of variety of berries and citrus and tropical fruits has become an upcoming trend among millennials. In addition, demand for these frozen products has been witnessing growth in the households as they are used in a wide variety of recipes, including salads, pancakes, salsa, guacamole, marinades, tacos, popsicles, smoothies, dips, and kabobs
Frozen Fruit Market Report Highlights
The global frozen fruits market size is expected to reach USD 5.59 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. Growing popularity of shelf stable products, including packaged fruits and vegetables, as a result of increased occurrences of COVID-19 at the global level is expected to expand the market scope. As most international trade has been affected by the pandemic, consumers are expected to increasingly spend on purchase of packaged food items, such as frozen fruits.
The industry is expected to witness growth owing to increased use of these products in the preparation of various beverages. Mocktails and cocktails have been gaining increased popularity during the last few years as traditional bars and restaurants can be seen creating a space for a variety of these product forms in their menu. Both alcoholic and alcohol-free drinks are being preferred by millennials. These beverages are fortified with a variety of packaged fruits, including grapes, cranberry, cherry, coconut, strawberry, watermelon, blackberry, raspberry, and strawberry. Application scope of these beverages in the commercial and household sectors at the global level is expected to fuel the market growth over the next few years.
The use of variety of berries and citrus and tropical fruits has become an upcoming trend among millennials. In addition, demand for these frozen products has been witnessing growth in the households as they are used in a wide variety of recipes, including salads, pancakes, salsa, guacamole, marinades, tacos, popsicles, smoothies, dips, and kabobs
Frozen Fruit Market Report Highlights
- Based on product, tropical fruits accounted for exceeding 40.0% share of the global revenue in 2019. Growing popularity of tropical varieties, including papaya, banana, and pineapple, as a key vitamin source among consumers is fueling the growth of the segment
- Berries are expected to register the fastest CAGR of 7.5% from 2020 to 2027 owing to growing adoption of these products in the formulation of various beverages in developing countries, including China and India
- Online distribution channel is expected to register the fastest CAGR of 7.7% from 2020 to 2027. The progress in transportation, along with reduced delivery time and product quality management, has played a crucial role in the growth of the segment
- North America dominated the market with more than 30.0% share of the global revenue in 2019. Growing popularity of fruit-fortified beverages among health-conscious consumers in U.S. is expected to remain a key factor driving the industry.
Table of Contents
80 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
- Chapter 3. Frozen Fruits Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Sales/Retail Channel Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis – Porter’s
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.6. Roadmap of Frozen Fruits Market
- 3.7. Market Entry Strategies
- Chapter 4. Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Product Adoption
- 4.4. Observations & Recommendations
- Chapter 5. Frozen Fruits Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2019 & 2027
- 5.2. Citrus Fruits
- 5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 5.3. Tropical Fruits
- 5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 5.4. Berries
- 5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 5.5. Others
- 5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- Chapter 6. Frozen Fruits Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Distribution Channel Movement Analysis & Market Share, 2019 & 2027
- 6.2. Online
- 6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.3. Offline
- 6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- Chapter 7. Frozen Fruits Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2019 & 2027
- 7.2. North America
- 7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.2.4. The U.S.
- 7.2.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.2.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.2.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.3.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.3.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.3.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.3.5. The U.K.
- 7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.3.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.3.6. France
- 7.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.3.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.3.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.4.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.4.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.4.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.5.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.5.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 7.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- Chapter 8. Competitive Analysis
- 8.1. Key global players, recent developments & their impact on the industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 8.3. Vendor Landscape
- 8.3.1. Key company market share analysis, 2019
- Chapter 9. Company Profiles
- 9.1. Kendall Fresh Frozen Fruits, Inc.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Del Monte Produce Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Nomad Foods
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Nature's Touch
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. HARVEST FOOD GROUP
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. Titan Frozen Fruit
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Meel Corp
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Val-Mex Frozen Foods
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. LLC, Royal Ridge Fruits
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. SunOpta
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
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