Frozen Fruits Market Trends

  • Report ID: 139
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frozen Fruits Market Trends

Growth Drivers

  • Increasing Access of Internet & Media- People are now more familiar with the lifestyles and traditions of various countries and areas through the internet and other forms of media. As a result, certain regionally-specific cuisine items have gained popularity on a worldwide scale. As per the data released by the World Bank, by 2020, the number of individuals using the internet had reached around 60% of the global population.
  • New Emerging Technologies of Food Processing- There are varied technology options available, ranging from simple and inexpensive to complex and advanced for generating cold conditions for food handling, processing, and storage. Isochoric freezing (ICF) is such an innovative and energy saving freezing technique that enables biological matter to be preserved at subfreezing temperatures without the formation of ice in the fruits and vegetables. Thermodynamic studies have proven that freezing in an isochoric system is estimated to consume approximately 73% less energy than a conventional freezing technique.
  • Rise in Working Population- The rapidly expanding working population leads to an increase in demand for ready-to-eat food products frozen fruits market. For instance, as per a report, the employment to population ratio has been increased to approximately 56 per cent worldwide.
  • Increasing Disposable Income- Increasing disposable income leads to spend more, thus the tendency of consumption also gets increased. Therefore, it is anticipated to drive the growth of the global frozen fruits market. According to the data provided by the Bureau of Economic Analysis, in USA the personal income and disposable personal income (DPI) has increased USD 133.5 billion (0.6%), and USD 120.4 billion (0.7%) respectively by June 2022.
  • Global Increase in Fruits Consumption- Fruits are an essential part of our diet as they are very good supplements of various nutrients, but lack of fruits intake leads towards the serious effects on health. As per the data provided by the World Health Organization (WHO), low fruit and vegetable consumption is responsible for 16 million (1.0%) DALYs and 1.7 million (2.8%) deaths globally. Moreover, people across the globe are more conscious about their health, therefore they prefer more fruits, vegetables in their diet. The worldwide consumption of fruits and nuts reached approximately 261 Million metric tons in 2021.

Challenges

  • Easy Accessibility of Frozen Fruits Substitutes
  • Issue of High-Moisture in Some Fruits
  • Risk of Contamination

Frozen Fruits Market: Key Insights

Growth Drivers

  • Increasing Access of Internet & Media- People are now more familiar with the lifestyles and traditions of various countries and areas through the internet and other forms of media. As a result, certain regionally-specific cuisine items have gained popularity on a worldwide scale. As per the data released by the World Bank, by 2020, the number of individuals using the internet had reached around 60% of the global population.
  • New Emerging Technologies of Food Processing- There are varied technology options available, ranging from simple and inexpensive to complex and advanced for generating cold conditions for food handling, processing, and storage. Isochoric freezing (ICF) is such an innovative and energy saving freezing technique that enables biological matter to be preserved at subfreezing temperatures without the formation of ice in the fruits and vegetables. Thermodynamic studies have proven that freezing in an isochoric system is estimated to consume approximately 73% less energy than a conventional freezing technique.
  • Rise in Working Population- The rapidly expanding working population leads to an increase in demand for ready-to-eat food products such as frozen fruits. For instance, as per a report, the employment to population ratio has been increased to approximately 56 per cent worldwide.
  • Increasing Disposable Income- Increasing disposable income leads to spend more, thus the tendency of consumption also gets increased. Therefore, it is anticipated to drive the growth of the global frozen fruits market. According to the data provided by the Bureau of Economic Analysis, in USA the personal income and disposable personal income (DPI) has increased USD 133.5 billion (0.6%), and USD 120.4 billion (0.7%) respectively by June 2022.
  • Global Increase in Fruits Consumption- Fruits are an essential part of our diet as they are very good supplements of various nutrients, but lack of fruits intake leads towards the serious effects on health. As per the data provided by the World Health Organization (WHO), low fruit and vegetable consumption is responsible for 16 million (1.0%) DALYs and 1.7 million (2.8%) deaths globally. Moreover, people across the globe are more conscious about their health, therefore they prefer more fruits, vegetables in their diet. The worldwide consumption of fruits and nuts reached approximately 261 Million metric tons in 2021.

Challenges

  • Easy Accessibility of Frozen Fruits Substitutes
  • Issue of High-Moisture in Some Fruits
  • Risk of Contamination

The global frozen fruits market is segmented and analyzed for demand and supply by fruit type into red fruits, citrus fruits, berries, and tropical fruits. Out of these, berries segment is expected to hold the highest growth over the forecast period owing to the surge in warm climate around the world which has reduced the consistent production of berries, as a result, consumer demand has increased for frozen berries. As per the data released by the National Centers for Environmental Information, at 0.95°C (1.71°F) above the average for the 20th century, the worldwide surface temperature deviation for March 2022 was the fifth highest in the 143-year record. Additionally, since November 2020, this was the highest monthly temperature deviation.

Base Year

2024

Forecast Year

2025-2037

CAGR

9.2%

Base Year Market Size (2024)

USD 33.49 billion

Forecast Year Market Size (2037)

USD 106.19 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

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Author Credits:  Parul Atri


  • Report ID: 139
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of frozen fruits is evaluated at USD 35.98 billion.

The frozen fruits market size was over USD 33.49 billion in 2024 and is projected to exceed USD 106.19 billion by the end of 2037, witnessing over 9.2% CAGR during the forecast period i.e., between 2025-2037. Increasing access of internet & media, new emerging technologies of food processing, and rise in working population will drive the market growth.

North America industry is poised to hold majority revenue share by 2037, driven by rising trend of veganism in people, handiness of several ranges of frozen fruits products, and growing use of frozen fruits in varied food manufacturing, such as confectionery & bakery in the region.

The major players in the market include Nestlé S.A. (Nestlé), Welch Foods, Inc., SunOpta, Inc., Titan Frozen Fruit, Frutex Australia Pty Ltd, Danone S.A., Nomad Foods Europe Limited, Val-Mex Frozen Foods, LLC., Newberry International Produce Limited, Del Monte Food Inc.
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