Market Overview:
The global food IQF market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for frozen food products, especially in developed countries. In addition, the rising awareness about the benefits of frozen food products is also contributing to the growth of this market. The global food IQF market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into spiral freezer, tunnel freezer, box freezer and others. The spiral freezer segment is expected to account for a major share in terms of revenue in 2018 owing to its ability to freeze large quantities quickly and uniformly. On the basis of application, it can be classified into pharmaceuticals, food & beverages and others segments.
Product Definition:
IQF stands for "individually quick frozen." It is a food processing term that refers to the freezing of food items in small, individual portions so that they will not stick together. This allows the items to be easily thawed and used as needed. The importance of IQF technology lies in its ability to maintain the quality and freshness of foods while preserving their nutritional value.
Spiral freezer:
The spiral freezer is a type of cold storage equipment used to freeze food products such as vegetables, fruits, and meat in spirals. The shape of the spiral helps the food to be more compact and fit into small spaces. This equipment is mainly used by small scale businesses or households that do not have enough space for an entire freezers.
Tunnel freezer:
Tunnel freezers are used to store products at extremely low temperatures. They are most commonly used for preserving and freezing meat, fish, poultry & seafood as well as other food items. The tunnel freezer is a vertical packaging machine that packages the frozen product in a long narrow tunnel of ice. It helps in minimizing the space required for storage and transportation of such products which further helps in reducing cost associated with storage & transportation along with increasing profit margins of retailers by reducing their purchasing power.
Application Insights:
The food and beverage application segment accounted for the largest revenue share of over 40% in 2017. The product is widely used in this application as it provides better insulation against cold chain risks, such as temperature changes and physical damage. IQF allows manufacturers to produce smaller quantities of frozen foods with consistent quality, which reduces overall costs associated with manufacturing products. These factors are likely to drive demand over the forecast period.
Other applications include pharmaceuticals, cosmetics and animal feed among others; however, demand for these products is expected from other sectors such as construction materials.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017, owing to the high demand for IQF from various end-use industries such as food & beverages and pharmaceuticals. The region is expected to maintain its dominance throughout the forecast period on account of increasing demand from key industries.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels and changing consumer preferences towards processed & convenience foods among others. This trend will drive product adoption across all manufacturing facilities in this region, thereby boosting market growth during the estimated time span.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising disposable income of consumers in developing countries.
- Proliferation of supermarkets and modern retail formats worldwide.
- Growing trend of eating out at restaurants and cafes.
- Technological advancements in food processing industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Food IQF Market Research Report
By Type
Spiral freezer, Tunnel freezer, Box freezer, Others
By Application
Pharmaceuticals, Food & Beverages, Others
By Companies
MAREL (Iceland), JBT (US), GEA (Germany), The Linde Group (Germany), Air Products and Chemicals (US), Air Liquide (France), Messer Group (Germany)
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Food IQF Market Report Segments:
The global Food IQF market is segmented on the basis of:
Types
Spiral freezer, Tunnel freezer, Box freezer, Others
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
Pharmaceuticals, Food & Beverages, Others
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:
- MAREL (Iceland)
- JBT (US)
- GEA (Germany)
- The Linde Group (Germany)
- Air Products and Chemicals (US)
- Air Liquide (France)
- Messer Group (Germany)
Highlights of The Food IQF 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:
- Spiral freezer
- Tunnel freezer
- Box freezer
- Others
- By Application:
- Pharmaceuticals
- Food & Beverages
- Others
- 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 Food IQF 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Food IQF is a term used to describe food products that are pre-packaged and ready to eat. These products typically contain ingredients that have been specifically selected for their quality and flavor, making them an easy option for those looking for quick and convenient meals.
Some of the major players in the food iqf market are MAREL (Iceland), JBT (US), GEA (Germany), The Linde Group (Germany), Air Products and Chemicals (US), Air Liquide (France), Messer Group (Germany).
The food iqf market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food IQF 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. Food IQF Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food IQF Market - Supply Chain
4.5. Global Food IQF Market Forecast
4.5.1. Food IQF Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food IQF Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food IQF Market Absolute $ Opportunity
5. Global Food IQF 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. Food IQF Market Size and Volume Forecast by Type
5.3.1. Spiral freezer
5.3.2. Tunnel freezer
5.3.3. Box freezer
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food IQF 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. Food IQF Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals
6.3.2. Food & Beverages
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food IQF 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. Food IQF 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 Food IQF 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. Food IQF 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 Food IQF Demand Share Forecast, 2019-2026
9. North America Food IQF 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 Food IQF 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 Food IQF Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals
9.4.2. Food & Beverages
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food IQF Market Size and Volume Forecast by Type
9.7.1. Spiral freezer
9.7.2. Tunnel freezer
9.7.3. Box freezer
9.7.4. Others
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 Food IQF Demand Share Forecast, 2019-2026
10. Latin America Food IQF 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 Food IQF 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 Food IQF Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals
10.4.2. Food & Beverages
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food IQF Market Size and Volume Forecast by Type
10.7.1. Spiral freezer
10.7.2. Tunnel freezer
10.7.3. Box freezer
10.7.4. Others
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 Food IQF Demand Share Forecast, 2019-2026
11. Europe Food IQF 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 Food IQF 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 Food IQF Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals
11.4.2. Food & Beverages
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food IQF Market Size and Volume Forecast by Type
11.7.1. Spiral freezer
11.7.2. Tunnel freezer
11.7.3. Box freezer
11.7.4. Others
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 Food IQF Demand Share, 2019-2026
12. Asia Pacific Food IQF 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 Food IQF 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 Food IQF Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals
12.4.2. Food & Beverages
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food IQF Market Size and Volume Forecast by Type
12.7.1. Spiral freezer
12.7.2. Tunnel freezer
12.7.3. Box freezer
12.7.4. Others
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 Food IQF Demand Share, 2019-2026
13. Middle East & Africa Food IQF 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 Food IQF 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 Food IQF Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals
13.4.2. Food & Beverages
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food IQF Market Size and Volume Forecast by Type
13.7.1. Spiral freezer
13.7.2. Tunnel freezer
13.7.3. Box freezer
13.7.4. Others
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 Food IQF Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food IQF Market: Market Share Analysis
14.2. Food IQF Distributors and Customers
14.3. Food IQF Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MAREL (Iceland)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. JBT (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GEA (Germany)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Linde Group (Germany)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Air Products and Chemicals (US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Air Liquide (France)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Messer Group (Germany)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
