Market Overview:
The global frozen vegetables market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increase in disposable income, and changing lifestyle of consumers. In terms of type, the frozen potatoes segment is expected to hold the largest share in the global frozen vegetables market during the forecast period. This can be attributed to increasing demand for processed food products and rise in awareness about health benefits associated with consumption of potatoes.
Product Definition:
A vegetable that has been frozen and packaged for sale. Frozen vegetables are often cheaper than fresh vegetables, and they can be stored for a longer time.
Frozen Potatoes:
Frozen Potatoes are the dehydrated whole potatoes that have been frozen. They can be used as a substitute for fresh potatoes in most recipes, and they contain almost the same amount of nutrients as fresh ones. The growth factor in this market is due to growing demand from developing countries such as India, China and Brazil where people are shifting their preference from conventional cooking to processed food products which include frozen vegetables & fruits.
Frozen Broccoli:
Frozen broccoli is a vegetable that consists of numerous nutritional ingredients such as vitamin C, calcium, and fiber. It also contains antioxidants that help in preventing cancer and heart diseases. The product has high demand among the health-conscious consumers who are looking for nutrition in their diet without having to spend much money on it.
The product is considered healthy due to its rich nutrient composition which includes vitamins A & K, calcium potassium & fiber along with containing low calories.
Application Insights:
Hypermarkets and supermarkets held the largest market share of more than 60% in 2017. Frozen vegetables are a convenient and nutritious way of eating that can be prepared quickly, which is expected to drive their demand at hypermarkets and supermarkets over the forecast period. Frozen vegetables are also sold in independent vegetable markets where they can be purchased without having to go through a middleman. The independent vegetable market is likely to register the fastest CAGR during the forecast period owing to increasing consumer awareness about healthy food options, coupled with rising disposable income levels across developing countries such as India, China, Vietnam and Indonesia.
The frozen fruit segment was valued over USD 100 million in 2017 due mainly to high consumption of frozen apricot products by households across developed countries including Germany, France and U.K.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for more than 35% of the global revenue. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing health consciousness among consumers, rising demand for convenience food, and growing popularity of organic foods among middle-class income groups in countries including Germany, U.K., France, Italy, Spain, and Poland.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing to rapid urbanization coupled with developing economy especially in China and India which are major producers as well as consumers of frozen vegetables across this region due to increased per capita income along with changing lifestyles resulting into increased demand for healthy snacks & meals at home rather than burgers or pizzas which will drive growth further.
Growth Factors:
- Increasing demand for convenience foods: Frozen vegetables offer a convenient and healthy option for busy individuals. They can be easily prepared by adding them to meals or using them as ingredients in recipes.
- Rising awareness of the health benefits of frozen vegetables: Frozen vegetables are a good source of vitamins, minerals, and antioxidants. They are also low in calories and fat, making them a healthy choice for people who are trying to lose weight or maintain their current weight.
- Growing popularity of plant-based diets: A growing number of people are choosing to follow plant-based diets, which often include large amounts of frozen vegetables. This trend is likely to continue in the years ahead, driving demand for frozen veggies accordingly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Vegetables Market Research Report
By Type
Frozen Potatoes, Frozen Broccoli, Frozen Apricot, Frozen Corn, Frozen Spinach, Other
By Application
Hypermarkets and Supermarkets, Independent Vegetable Market, Other
By Companies
Ardo Group, Birds Eye Foods, Bonduelle, ConAgra Foods, Lamb Weston, Findus Sweden, Geest Limited, Gelagri Bretagne, Green Giant, H.J. Heinz, Hajdufreeze, McCain Foods, NG Fung Hong, Pinguin, Simplot Australia Pty, Simplot Food, Unilever, Unifrost, Vivartia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Vegetables Market Report Segments:
The global Frozen Vegetables market is segmented on the basis of:
Types
Frozen Potatoes, Frozen Broccoli, Frozen Apricot, Frozen Corn, Frozen Spinach, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets and Supermarkets, Independent Vegetable Market, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ardo Group
- Birds Eye Foods
- Bonduelle
- ConAgra Foods
- Lamb Weston
- Findus Sweden
- Geest Limited
- Gelagri Bretagne
- Green Giant
- H.J. Heinz
- Hajdufreeze
- McCain Foods
- NG Fung Hong
- Pinguin
- Simplot Australia Pty
- Simplot Food
- Unilever
- Unifrost
- Vivartia
Highlights of The Frozen Vegetables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Frozen Potatoes
- Frozen Broccoli
- Frozen Apricot
- Frozen Corn
- Frozen Spinach
- Other
- By Application:
- Hypermarkets and Supermarkets
- Independent Vegetable Market
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Frozen Vegetables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Frozen vegetables are vegetables that have been frozen and then stored in a sealed container.
Some of the key players operating in the frozen vegetables market are Ardo Group, Birds Eye Foods, Bonduelle, ConAgra Foods, Lamb Weston, Findus Sweden, Geest Limited, Gelagri Bretagne, Green Giant, H.J. Heinz, Hajdufreeze, McCain Foods, NG Fung Hong, Pinguin, Simplot Australia Pty, Simplot Food, Unilever, Unifrost, Vivartia.
The frozen vegetables market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frozen Vegetables Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Frozen Vegetables Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Frozen Vegetables Market - Supply Chain
4.5. Global Frozen Vegetables Market Forecast
4.5.1. Frozen Vegetables Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Frozen Vegetables Market Size (000 Units) and Y-o-Y Growth
4.5.3. Frozen Vegetables Market Absolute $ Opportunity
5. Global Frozen Vegetables Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Frozen Vegetables Market Size and Volume Forecast by Type
5.3.1. Frozen Potatoes
5.3.2. Frozen Broccoli
5.3.3. Frozen Apricot
5.3.4. Frozen Corn
5.3.5. Frozen Spinach
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Frozen Vegetables Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Frozen Vegetables Market Size and Volume Forecast by Application
6.3.1. Hypermarkets and Supermarkets
6.3.2. Independent Vegetable Market
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Frozen Vegetables Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Frozen Vegetables Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Frozen Vegetables Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Frozen Vegetables Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Frozen Vegetables Demand Share Forecast, 2019-2026
9. North America Frozen Vegetables Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Frozen Vegetables Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Frozen Vegetables Market Size and Volume Forecast by Application
9.4.1. Hypermarkets and Supermarkets
9.4.2. Independent Vegetable Market
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Frozen Vegetables Market Size and Volume Forecast by Type
9.7.1. Frozen Potatoes
9.7.2. Frozen Broccoli
9.7.3. Frozen Apricot
9.7.4. Frozen Corn
9.7.5. Frozen Spinach
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Frozen Vegetables Demand Share Forecast, 2019-2026
10. Latin America Frozen Vegetables Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Frozen Vegetables Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Frozen Vegetables Market Size and Volume Forecast by Application
10.4.1. Hypermarkets and Supermarkets
10.4.2. Independent Vegetable Market
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Frozen Vegetables Market Size and Volume Forecast by Type
10.7.1. Frozen Potatoes
10.7.2. Frozen Broccoli
10.7.3. Frozen Apricot
10.7.4. Frozen Corn
10.7.5. Frozen Spinach
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Frozen Vegetables Demand Share Forecast, 2019-2026
11. Europe Frozen Vegetables Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Frozen Vegetables Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Frozen Vegetables Market Size and Volume Forecast by Application
11.4.1. Hypermarkets and Supermarkets
11.4.2. Independent Vegetable Market
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Frozen Vegetables Market Size and Volume Forecast by Type
11.7.1. Frozen Potatoes
11.7.2. Frozen Broccoli
11.7.3. Frozen Apricot
11.7.4. Frozen Corn
11.7.5. Frozen Spinach
11.7.6. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Frozen Vegetables Demand Share, 2019-2026
12. Asia Pacific Frozen Vegetables Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Frozen Vegetables Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Frozen Vegetables Market Size and Volume Forecast by Application
12.4.1. Hypermarkets and Supermarkets
12.4.2. Independent Vegetable Market
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Frozen Vegetables Market Size and Volume Forecast by Type
12.7.1. Frozen Potatoes
12.7.2. Frozen Broccoli
12.7.3. Frozen Apricot
12.7.4. Frozen Corn
12.7.5. Frozen Spinach
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Frozen Vegetables Demand Share, 2019-2026
13. Middle East & Africa Frozen Vegetables Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Frozen Vegetables Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Frozen Vegetables Market Size and Volume Forecast by Application
13.4.1. Hypermarkets and Supermarkets
13.4.2. Independent Vegetable Market
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Frozen Vegetables Market Size and Volume Forecast by Type
13.7.1. Frozen Potatoes
13.7.2. Frozen Broccoli
13.7.3. Frozen Apricot
13.7.4. Frozen Corn
13.7.5. Frozen Spinach
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Frozen Vegetables Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Frozen Vegetables Market: Market Share Analysis
14.2. Frozen Vegetables Distributors and Customers
14.3. Frozen Vegetables Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ardo Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Birds Eye Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bonduelle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConAgra Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lamb Weston
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Findus Sweden
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Geest Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gelagri Bretagne
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Green Giant
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. H.J. Heinz
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hajdufreeze
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. McCain Foods
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NG Fung Hong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Pinguin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Simplot Australia Pty
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Simplot Food
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Unilever
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Unifrost
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Vivartia
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
