Frozen Fruits Market Size and Analysis Report 2027
[Research Report] The frozen fruits market was valued at US$ 2,528.46 million in 2019 and is projected to reach US$ 3,769.45 million by 2027; it is expected to grow at a CAGR of 5.2% during the forecast period.
Fruits picked at their peak ripeness are quickly frozen and packaged at liquid nitrogen temperature. The process provides increased shelf life to the fresh fruits. Like fresh fruits, frozen fruits are enriched with various antioxidants, minerals, and vitamins. However, the easy availability of frozen fruits, especially the seasonal ones, compared to fresh fruits has been fueling their demand globally.
In 2019, Europe held the largest share in the global frozen fruits market, followed by North America and Asia Pacific. Germany and France are dominating the frozen fruits market in Europe. In addition to growing population, rising disposable income and busy lifestyles, propelling the demand for convenience snacking, support the growth of the frozen fruits market in Europe. Additionally, the rising focus of frozen fruit producers on launching new varieties of frozen fruits to attract larger number of consumers has further fueled the market growth in the European countries.
COVID-19 outbreak first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace worldwide. As of November 2020, the US, Brazil, India, Russia, South Africa, Mexico, and the UK are a few of the worst-affected countries in terms confirmed cases and reported deaths. The COVID-19 outbreak has been affecting economies and industries in various countries due to imposition of lockdowns, travel bans, and business shutdowns. Food & beverages is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in regions such as North America, Europe, and Asia Pacific is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales. Moreover, the global travel bans are affecting the business collaborations and partnerships opportunities. The disruption of operations in the food & beverages industry further has been limiting the frozen fruits market growth in various countries.
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Frozen Fruits Market: Strategic Insights
Market Size Value in US$ 2,528.46 Million in 2019 Market Size Value by US$ 3,769.45 Million by 2027 Growth rate CAGR of 5.2% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Frozen Fruits Market: Strategic Insights
| Market Size Value in | US$ 2,528.46 Million in 2019 |
| Market Size Value by | US$ 3,769.45 Million by 2027 |
| Growth rate | CAGR of 5.2% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Market Insights
Growing Demand from Packaged and Processed Food Industries
Frozen fruits are enriched with vitamins, proteins, carbohydrates, antioxidants, and other nutrients. They are used in various food cuisines for adding nutritional content and flavor. These fruits find applications in food processing industries and are used in bakery products, confectioneries, and other packaged food items. They are used in making jams and other fruit spreads, fruit-based beverages, and dairy products. Owing to busy and hectic lifestyles, there is a noticeable increase in the consumption of these ready-to-eat food products and beverages since the past few years. Moreover, rising disposable income and improving economic conditions are encouraging consumers in developed and developing countries to spend on packaged food, including snacks and bakery products, which further propels the demand for frozen fruits. Furthermore, the diversification of distribution channels has provided a shelf for convenience food in retail outlets and supermarkets, thereby uplifting their sales. Thus, the growing demand from the packaged and processed food industries, and direct consumers drives the frozen fruits market.
Product Type Insights
The frozen fruits market, by product type, is segmented into citrus fruits, tropical fruits, berries, and others. In 2019, the tropical fruits segment dominated the frozen fruits market. Many frozen tropical fruits such as mango, papaya, apple, litchi, banana, dragon fruit, plum, guava, and passion fruit are trending worldwide. In addition to freezing, the producers may also process these fruits by washing, peeling, grading, cutting, blanching, deactivating enzyme activity, etc., depending on the form preferred for the final product. Frozen tropical fruits are used in fruit cocktails, smoothies, ice cream, desserts, preservatives, pastries, yogurts, and drinks. A few tropical fruits primarily used in the processing of ethnic foods include frozen mangoes (chutney), frozen avocado (guacamole), and guavas (Ponche Navideño). Growing applications of tropical fruits in various products is expected to propel the market of this segment.
Application Insights
Based on application, the frozen fruits market is segmented into confectionery & bakery, jams & preserves, fruit-based beverages, dairy, and others. In 2019, confectionery and bakery segment dominated the frozen fruits market. Frozen Fruits are increasingly being used in bakery and confectionery products, and dairy products such as yoghurt and ice cream. Furthermore, the demand for frozen fruits from the fruit-based beverages segment has considerably risen due the surging preference of consumers for healthy beverages. The increasing inclination toward organic food products also stimulates the frozen fruits market growth.
Technique Insights
Based on technique, the frozen fruits market is segmented into freeze drying and individual quick freezing (IQF). The freeze drying segment accounted for a larger share in market in 2019, and individual quick freezing segment is expected to register the fastest CAGR during 2020–2027. Freeze-drying involves freezing the fruit and then putting it in vacuum. Low pressure allows ice crystals to grow exponentially, turning them straight from solid ice into water vapor. This method extracts water even more quickly than the conventional drying process. Effectively, the fruit's water content is decreased without hampering its composition. This method of preserving food is best suited to low-sugar, soft fruits such as raspberries and strawberries. Frozen-drying provides long shelf life to fruits, allowing them to last many years when preserved properly.
Key market players include Crop's Fruits NV, Dole Packaged Foods LLC., MireliteMirsa Co. Ltd., SunOpta Inc., Titan Frozen Fruits, Wawona Frozen Foods, Welch Foods, Inc., Greenyard, J.R. Simplot Company, and General Mills Inc. The companies have been adopting strategies such as mergers and acquisitions. The major players are striving to acquire larger customer base by expanding their presence globally.
Frozen Fruits Market Report Scope
Report Spotlights
- Progressive industry trends in the global frozen fruits market to help players develop effective long-term strategies
- Business growth strategies adopted by companies to grow in developed and developing markets
- Quantitative analysis of the global frozen fruits market from 2017 to 2027
- Estimation of the demand for frozen fruits across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and demand for frozen fruit
- Market trends and outlook as well as factors driving and restraining the growth of the frozen fruits market
- Understanding on strategies that underpin commercial interest with regard to global frozen fruits market growth to facilitate decision-making process for stakeholders
- Frozen fruits market size at various nodes of market
- Detailed overview and segmentation of the global frozen fruits market as well as its dynamics in the industry
- Frozen fruits market size in various regions with promising growth opportunities
Frozen Fruits Market, by Product Type
- Citrus Fruit
- Tropical Fruits
- Berries
- Others
Frozen Fruits Market, by Application
- Confectionery & Bakery
- Jams & Preserves
- Fruit-based Beverages
- Dairy
- Others
Frozen Fruits Market, by Technique
- Freeze Drying
- Individual Quick Freezing
Company Profiles
- Crop's Fruits NV
- Dole Packaged Foods LLC.
- MireliteMirsa Co. Ltd.
- SunOpta Inc.
- Titan Frozen Fruits
- Wawona Frozen Foods
- Welch Foods Inc.
- Greenyard
- J.R. Simplot Company
- General Mills Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type ; Application ; Technique , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The growth of the berries segment is primarily attributed to the fact that berries include frozen raspberries, strawberries, blackberries, blueberries, chokeberries, cherries, black currant, mulberries, cranberries, gooseberries, red currants, and others. North America and Europe have experienced a high market for blackberries and raspberries. Warm weather across the globe has taken a toll on the steady production of berries, increasing the demand for frozen varieties. Frozen berries are among the healthiest foods that are tasty, nutritious, and have a range of fantastic health benefits. The frozen blueberries have many health benefits such as improved digestion, improved heart health, improved motor function, reduced risk of forms of dementia and Alzheimer's disease, and improved nervous system health. Health benefits associated with berries is expected to drive the growth of this segment. All these factors are responsible for the berries segment to grow at the highest rate.
The major players operating in the global frozen fruits market are Greenyard, Crop's Fruits NV, Mirelite Mirsa Co. Ltd., Wawona Frozen Foods, Welch Foods, Inc, J.R. Simplot Company, General Mills Inc, Dole Packaged Foods LLC, Sunopta Inc, and Titan Frozen Fruit among many others.
In 2018, the frozen fruits market was predominant in Asia-Pacific at the global level. Surge in demand of frozen fruits in various food processing industries such as bakery, confectionery & other packaged food items like bread, cakes, and pastry has had a noteworthy influence on the frozen fruits market in Asia- Pacific. The market for frozen fruits in Asia- Pacific is witnessing growth owing to the presence of well-established players such as SunOpta Inc., Greenyard, and Dole Packaged Foods LLC. and others in this region. With the rise in demand for the healthy and convenience food among the consumers in the region is expected to continue to grow over the projected period. The popularity of the frozen fruits has increased within the region, particularly in Australia, China, India, Japan, South Korea, and Rest of APAC. Its use in food and beverages industry has had a noteworthy influence on the frozen fruits market in Asia- Pacific. Owing to busy & hectic lifestyles, there is a noticeable increase in the consumption of these ready-to-eat food products and beverages over the past few years which will further support product demand. Also, the swift in the middle- class population, along with growth in urbanization and rise in disposable income available in the hands of people, leads to the rise in demand for both frozen fruits & convenience food is also anticipated to fuel the market size over the forecast period. The market for frozen fruits is picking up pace in this region, owing to the development of new manufacturing industries together with the government support to increase the industrial production in food and beverages sector.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Frozen Fruits Market, by Product Type
1.3.2 Frozen Fruits Market, by Application
1.3.3 Frozen Fruits Market, by Technique
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Frozen Fruits Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Frozen Fruits Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Advantages of Using Frozen Fruits
5.1.2 Growing Demand from Packaged and Processed Food Industry
5.2 Key Market Restraints
5.2.1 Availability of Substitute
5.3 Key Market Opportunities:
5.3.1 Demand for Organic and Clean Label Frozen Fruits
5.4 Key Trends:
5.4.1 Use of Individual Quick Freezing (IQF) Technology and Innovative Packaging
5.5 Impact Analysis
6. Frozen Fruits– Global Market Analysis
6.1 Frozen Fruits Market Overview
6.2 Frozen Fruits Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Frozen Fruits Market Analysis – By Product Type
7.1 Overview
7.2 Frozen Fruits Market, By Type (2019 and 2027)
7.3 Citrus Fruit
7.3.1 Overview
7.3.2 Citrus Fruit: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Tropical Fruits
7.4.1 Overview
7.4.2 Tropical Fruits: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Berries
7.5.1 Overview
7.5.2 Berries: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
8. Frozen Fruits Market Analysis – By Application
8.1 Overview
8.2 Frozen Fruits Market, By Application (2019 and 2027)
8.3 Confectionery and Bakery
8.3.1 Overview
8.3.2 Confectionery and Bakery: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Jams and Preserves
8.4.1 Overview
8.4.2 Jams and Preserves: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Fruit- Based Beverages
8.5.1 Fruits- Based Beverages Dairy: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Dairy
8.6.1 Dairy: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Others: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
9. Frozen Fruits Market Analysis – By Technique
9.1 Overview
9.2 Frozen Fruits Market, By Technique (2019 and 2027)
9.3 Freeze Drying
9.3.1 Overview
9.3.2 Freeze Drying: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Individual Quick Freezing (IQF)
9.4.1 Overview
9.4.2 IQF (Individual Quick Freezing) : Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
10. Frozen Fruit Market – Geographic Analysis
10.1 Overview
10.2 North America: Frozen Fruit Market
10.2.1 North America: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Frozen Fruit Market, by Product Type
10.2.3 North America: Frozen Fruit Market, by Application
10.2.4 North America: Frozen Fruit Market, by Technique
10.2.5 North America: Frozen Fruit Market, by Key Country
10.2.5.1 US: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Frozen Fruit Market, by Product Type
10.2.5.1.2 US: Frozen Fruit Market, by Application
10.2.5.1.3 US: Frozen Fruit Market, by Technique
10.2.5.2 Canada: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Frozen Fruit Market, by Product Type
10.2.5.2.2 Canada: Frozen Fruit Market, by Application
10.2.5.2.3 Canada: Frozen Fruit Market, by Technique
10.2.5.3 Mexico: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Frozen Fruit Market, by Product Type
10.2.5.3.2 Mexico: Frozen Fruit Market, by Application
10.2.5.3.3 Mexico: Frozen Fruit Market, by Technique
10.3 Europe: Frozen Fruit Market
10.3.1 Europe: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Frozen Fruit Market, by Product Type
10.3.3 Europe: Frozen Fruit Market, by Application
10.3.4 Europe: Frozen Fruit Market, by Technique
10.3.5 Europe: Frozen Fruit Market, by Key Country
10.3.5.1 Germany: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Frozen Fruit Market, by Product Type
10.3.5.1.2 Germany: Frozen Fruit Market, by Application
10.3.5.1.3 Germany: Frozen Fruit Market, by Technique
10.3.5.2 France: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Frozen Fruit Market, by Product Type
10.3.5.2.2 France: Frozen Fruit Market, by Application
10.3.5.2.3 France: Frozen Fruit Market, by Technique
10.3.5.3 Italy: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Frozen Fruit Market, by Product Type
10.3.5.3.2 Italy: Frozen Fruit Market, by Application
10.3.5.3.3 Italy: Frozen Fruit Market, by Technique
10.3.5.4 United Kingdom: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 United Kingdom: Frozen Fruit Market, by Product Type
10.3.5.4.2 United Kingdom: Frozen Fruit Market, by Application
10.3.5.4.3 United Kingdom: Frozen Fruit Market, by Technique
10.3.5.5 Russia: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Frozen Fruit Market, by Product Type
10.3.5.5.2 Russia: Frozen Fruit Market, by Application
10.3.5.5.3 Russia: Frozen Fruit Market, by Technique
10.3.5.6 Rest of Europe: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Frozen Fruit Market, by Product Type
10.3.5.6.2 Rest of Europe: Frozen Fruit Market, by Application
10.3.5.6.3 Rest of Europe: Frozen Fruit Market, by Technique
10.4 APAC: Frozen Fruit Market
10.4.1 APAC: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Frozen Fruit Market, by Product Type
10.4.3 APAC: Frozen Fruit Market, by Application
10.4.4 APAC: Frozen Fruit Market, by Technique
10.4.5 APAC: Frozen Fruit Market, by Key Country
10.4.5.1 Australia: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Frozen Fruit Market, by Product Type
10.4.5.1.2 Australia: Frozen Fruit Market, by Application
10.4.5.1.3 Australia: Frozen Fruit Market, by Technique
10.4.5.2 China: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Frozen Fruit Market, by Product Type
10.4.5.2.2 China: Frozen Fruit Market, by Application
10.4.5.2.3 China: Frozen Fruit Market, by Technique
10.4.5.3 India: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Frozen Fruit Market, by Product Type
10.4.5.3.2 India: Frozen Fruit Market, by Application
10.4.5.3.3 India: Frozen Fruit Market, by Technique
10.4.5.4 Japan: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Frozen Fruit Market, by Product Type
10.4.5.4.2 Japan: Frozen Fruit Market, by Application
10.4.5.4.3 Japan: Frozen Fruit Market, by Technique
10.4.5.5 South Korea: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Frozen Fruit Market, by Product Type
10.4.5.5.2 South Korea: Frozen Fruit Market, by Application
10.4.5.5.3 South Korea: Frozen Fruit Market, by Technique
10.4.5.6 Rest of APAC: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Frozen Fruit Market, by Product Type
10.4.5.6.2 Rest of APAC: Frozen Fruit Market, by Application
10.4.5.6.3 Rest of APAC: Frozen Fruit Market, by Technique
10.5 MEA: Frozen Fruit Market
10.5.1 MEA: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Frozen Fruit Market, by Product Type
10.5.3 MEA: Frozen Fruit Market, by Application
10.5.4 MEA: Frozen Fruit Market, by Technique
10.5.5 MEA: Frozen Fruit Market, by Key Country
10.5.5.1 South Africa: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Frozen Fruit Market, by Product Type
10.5.5.1.2 South Africa: Frozen Fruit Market, by Application
10.5.5.1.3 South Africa: Frozen Fruit Market, by Technique
10.5.5.2 Saudi Arabia: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Frozen Fruit Market, by Product Type
10.5.5.2.2 Saudi Arabia: Frozen Fruit Market, by Application
10.5.5.2.3 Saudi Arabia: Frozen Fruit Market, by Technique
10.5.5.3 UAE: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Frozen Fruit Market, by Product Type
10.5.5.3.2 UAE: Frozen Fruit Market, by Application
10.5.5.3.3 UAE: Frozen Fruit Market, by Technique
10.5.5.4 Rest of MEA: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Frozen Fruit Market, by Product Type
10.5.5.4.2 Rest of MEA: Frozen Fruit Market, by Application
10.5.5.4.3 Rest of MEA: Frozen Fruit Market, by Technique
10.6 South America: Frozen Fruit Market
10.6.1 South America: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 South America: Frozen Fruit Market, by Product Type
10.6.3 South America: Frozen Fruit Market, by Application
10.6.4 South America: Frozen Fruit Market, by Technique
10.6.5 South America: Frozen Fruit Market, by Key Country
10.6.5.1 Brazil: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Frozen Fruit Market, by Product Type
10.6.5.1.2 Brazil: Frozen Fruit Market, by Application
10.6.5.1.3 Brazil: Frozen Fruit Market, by Technique
10.6.5.2 Argentina: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Frozen Fruit Market, by Product Type
10.6.5.2.2 Argentina: Frozen Fruit Market, by Application
10.6.5.2.3 Argentina: Frozen Fruit Market, by Technique
10.6.5.3 Rest of South America: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of South America: Frozen Fruit Market, by Product Type
10.6.5.3.2 Rest of South America: Frozen Fruit Market, by Application
10.6.5.3.3 Rest of South America: Frozen Fruit Market, by Technique
11. Impact of COVID-19 Pandemic on Global Frozen Fruits Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic
12. Key Company Profiles
12.1 Greenyard
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Crop's Fruits NV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Mirelite Mirsa Co. Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Wawona Frozen Foods
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Welch Foods, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 J.R. Simplot Company
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 General Mills Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Dole Packaged Foods LLC.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Sunopta Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 Titan Frozen Fruit
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Frozen Fruits Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 5. US Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. US Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 10. Mexico Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 13. Europe Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 16. Germany Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 19. France Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. France Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 21. France Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 22. Italy Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 25. United Kingdom Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 26. United Kingdom Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 27. United Kingdom Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 28. Russia Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 31. Rest of Europe Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 34. APAC Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 35. APAC: Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 36. APAC: Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 37. Australia Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 40. China Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 41. China Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 42. China Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 43. India Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 44. India Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 45. India Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 46. Japan Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 47. Japan Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 48. Japan Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 49. South Korea Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 52. Rest of APAC Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of APAC Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of APAC Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 55. MEA Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 56. MEA: Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 57. MEA: Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 58. South Africa Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 59. South Africa Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 60. South Africa Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 61. Saudi Arabia Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 62. Saudi Arabia Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 63. Saudi Arabia Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 64. UAE Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 65. UAE Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 66. UAE Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 67. Rest of MEA Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of MEA Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of MEA Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 70. South America Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 71. South America: Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 72. South America: Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 73. Brazil Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 75. Brazil Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 76. Argentina Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 77. Argentina Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 78. Argentina Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 79. Rest of South America Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 80. Rest of South America Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 81. Rest of South America Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million)
Table 82. Glossary of Terms, Frozen Fruits Market
LIST OF FIGURES
Figure 1. Frozen Fruits Market Segmentation
Figure 2. Frozen Fruits Market Segmentation – By Geography
Figure 3. Global Frozen Fruits Market Overview
Figure 4. Confectionery & Bakery Segment Held Largest Share of Global Frozen Fruits Market
Figure 5. Europe Region Held Largest Share of Global Frozen Fruits Market
Figure 6. Global Frozen Fruits Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Frozen Fruits Market Impact Analysis Of Driver And Restraints
Figure 14. Geographic Overview of Frozen Fruits Market
Figure 15. Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Frozen Fruits Market Revenue Share, By Type (2019 and 2027)
Figure 17. Citrus Fruit: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 18. Tropical Fruits: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 19. Berries: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 20. Others: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 21. Frozen Fruits Market Revenue Share, By Application (2019 and 2027)
Figure 22. Confectionery and Bakery: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 23. Jams and Preserves: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 24. Fruits- Based Beverages Dairy: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 25. Dairy: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 26. Others: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 27. Frozen Fruits Market Revenue Share, By Technique (2019 and 2027)
Figure 28. Freeze Drying: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 29. IQF (Individual Quick Freezing) : Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million)
Figure 30. Global Frozen Fruit Market Revenue Share, by Region (2019 and 2027)
Figure 31. North America: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. North America: Frozen Fruit Market Revenue Share, by Product Type (2019 and 2027)
Figure 33. North America: Frozen Fruit Market Revenue Share, by Application (2019 and 2027)
Figure 34. North America: Frozen Fruit Market Revenue Share, by Technique (2019 and 2027)
Figure 35. North America: Frozen Fruit Market Revenue Share, by Key Country (2019 and 2027)
Figure 36. US: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 37. Canada: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 38. Mexico: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 39. Europe: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Europe: Frozen Fruit Market Revenue Share, by Product Type (2019 and 2027)
Figure 41. Europe: Frozen Fruit Market Revenue Share, by Application (2019 and 2027)
Figure 42. Europe: Frozen Fruit Market Revenue Share, by Technique (2019 and 2027)
Figure 43. Europe: Frozen Fruit Market Revenue Share, by Key Country (2019 and 2027)
Figure 44. Germany: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 45. France: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 46. Italy: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 47. United Kingdom: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 48. Russia: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 49. Rest of Europe: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 50. APAC: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. APAC: Frozen Fruit Market Revenue Share, by Product Type (2019 and 2027)
Figure 52. APAC: Frozen Fruit Market Revenue Share, by Application (2019 and 2027)
Figure 53. APAC: Frozen Fruit Market Revenue Share, by Technique (2019 and 2027)
Figure 54. APAC: Frozen Fruit Market Revenue Share, by Key Country (2019 and 2027)
Figure 55. Australia: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 56. China: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 57. India: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 58. Japan: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 59. South Korea: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 60. Rest of APAC: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 61. MEA: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. MEA: Frozen Fruit Market Revenue Share, by Product Type (2019 and 2027)
Figure 63. MEA: Frozen Fruit Market Revenue Share, by Application (2019 and 2027)
Figure 64. MEA: Frozen Fruit Market Revenue Share, by Technique (2019 and 2027)
Figure 65. MEA: Frozen Fruit Market Revenue Share, by Key Country (2019 and 2027)
Figure 66. South Africa: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 67. Saudi Arabia: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 68. UAE: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 69. Rest of MEA: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 70. South America: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million)
Figure 71. South America: Frozen Fruit Market Revenue Share, by Product Type (2019 and 2027)
Figure 72. South America: Frozen Fruit Market Revenue Share, by Application (2019 and 2027)
Figure 73. South America: Frozen Fruit Market Revenue Share, by Technique (2019 and 2027)
Figure 74. South America: Frozen Fruit Market Revenue Share, by Key Country (2019 and 2027)
Figure 75. Brazil: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 76. Argentina: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 77. Rest of South America: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million)
Figure 78. Impact of COVID-19 Pandemic in North American Country Markets
Figure 79. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 80. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 81. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 82. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Global Frozen Fruits Market
- Greenyard
- Titan Frozen Fruit
- Dole Packaged Foods LLC.
- Sunopta Inc.
- J.R. Simplot Company
- General Mills Inc.
- Welch Foods, Inc.
- Wawona Frozen Foods
- Mirelite Mirsa Co. Ltd.
- Crop's Fruits NV
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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