The Global Frozen Vegetables market study covers in-depth analyses of key players in terms of market, applications, and regions to help you identify domestic and international competition. The biggest rivals in the Global Frozen Vegetables market are discussed in the study in terms of company size, market share, market expansion, revenue, output volume, and profitability. By providing thorough profiles of companies and the goods/services they provide, it helps you better comprehend the competition. We use a variety of approaches, including competitive benchmarking, the BCG matrix, and others to determine the market share of companies in the Global Frozen Vegetables market.
Frozen Vegetables market was valued at US$ 32.01 Mn in 2020 and expected to grow at a CAGR of 5.5% during the forecast period (2021-2027), thanks to the growing trend of retail customer use which has boosted demand for Global Frozen Vegetables Market.
Global Frozen Vegetables Market overview:
Enzymes are a type of molecule found in vegetables that can cause food to deteriorate. Vegetables are transported and stored at low temperatures to prevent this deterioration. Frozen veggies have a high nutritional content, a long shelf life, are inexpensive, simple to prepare, and have a delicious flavour. Due to the nutrients, fibre, antioxidants, vitamins, and minerals included in frozen vegetables, the working class’ diet is becoming more varied, which increases demand for the industry. As a result, throughout the projected period, the worldwide frozen vegetable market is anticipated to reach 46.56 Bn.
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Global Frozen Vegetables Market Segmentation:
Based On Product Type Segment, The global Frozen Vegetables market is sub-segmented into Asparagus, Broccol and corn. Corn segment dominates the global market and its market value was stood at US$ 48.2 Bn in 2020. Because easy availability of corn and its health benefits like presence of antioxidants in corn helping to cancer prevention, lutein and beta carotene are improving the brain function, and corn is beneficial for heart health. As result of these factors corn segment is expected reach a CAGR of 5.8% during the forecast period.
Global Frozen Vegetables Market Key Players:
- General Mills Inc. • Nestle • Kellogg Co. • B&G Foods, Inc. • Aryzta AG • Flowers Foods • Iceland Foods Ltd. • Amy’s Kitchen, Inc. • Nature’s Garden • Foodnet Ltd. • Cascadian Farm Organic • The Kraft Heinz Company • Conagra Brands Inc. • Goya Foods, Inc. • Bhanu Farms • CROP’S UK • Bonduelle • Ardo
Global Frozen Vegetables Market Regional Analysis:
North America is the dominating region in the global frozen vegetable market. Raising population, Increasing the the household income, raising purchasing power, growing infrastructure facilities, advanced technologies in freezing systems are the main factors attracting the global frozen vegetable market in this region. Presence of global brands such as Birds Eye, Pictsweet and the Green Gaint adding an advantage to the growth of market in this region. Birds Eye sales was stood at US$ 36.88 Mn in January, 2021.
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COVID-19 Impact Analysis on Global Frozen Vegetables Market:
The impact of COVID-19 on the healthcare staffing market in North America, Asia Pacific, the Middle East, Europe, and South America is discussed in length in the research. The report provides a thorough analysis of the Healthcare Staffing market’s options, tough circumstances, and challenging potentialities during this crisis. The benefits and difficulties in financing and market expansion from the COVID-19 are outlined in the study. The paper also offers a set of guidelines that are intended to help readers choose and develop a strategy for their company.
About Report :
The report also helps in understanding the Frozen Vegetables market dynamics, structure by analyzing the market segments and projecting the Frozen Vegetables market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Frozen Vegetables make the report investor’s guide.
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