Market Overview:
The global frozen baby carrot market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and the rising awareness about the health benefits of consuming frozen baby carrots. The global frozen baby carrot market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into IQF (individually quick-frozen), snap freezing, and others (including blanching and vacuum packing). The IQF segment is expected to account for a major share of the global frozen baby carrot market in 2018 owing to its growing popularity among consumers as a convenient food option. On the basis of application, it can be classified into supermarkets, online retailers, convenient stores, and others (including institutional catering and food service providers). The supermarkets segment is anticipated to hold a dominant position in terms of revenue contribution in 2018 owing to their large customer base across developed countries such as North America and Europe.
Product Definition:
Frozen baby carrots are a food product made from carrots that have been cut into small pieces and then frozen. They are often used as an ingredient in dishes such as soup, stew, or casserole.
IQF:
Intelligent Quotient Frozen (IQF) baby carrot is a new product category in the frozen food industry. IQF products are characterized by superior quality and taste, which makes them different from other conventional carrots in the market. IQF products are grown under controlled conditions that ensure high nutrient content as compared to conventional carrots.
Growing demand for organic vegetables across the world is expected to be one of the key factors driving market growth over the forecast period.
Snap Freezing:
The Snap Freezing process is used to preserve the freshness and quality of baby carrots. It involves blanching, freezing, and peeling the carrots followed by a final process of thawing out. The whole procedure is done in order to remove any damaged parts of vegetables so that they can be consumed without concern for bad taste or contamination.
This method also helps in retaining all the nutrients present in it along with vitamins A & C.
Application Insights:
Supermarkets held the largest frozen baby carrot market share in 2017. Frozen products are considered to be a convenient and healthy option for pregnant women as well as new mothers. The supermarkets segment is expected to maintain its dominance over the forecast period owing to increasing awareness among consumers regarding product benefits, availability of various brands, and easy access of product ingredients through labels.
Online retailers and convenience stores are also anticipated to witness significant growth during the study period due to rising consumer preference for on-the-go products that do not require any preparation before consumption. Moreover, these stores offer more variety in terms of flavors and ingredient options which may help them attract a larger customer base among working class professionals who prefer on-the-go meals over home cooked food items during their busy work schedules or when they go on vacation with their families.
Regional Analysis:
North America dominated the global market in 2017. The presence of key companies such as JBF, Tyson, and Cargill has fueled the demand for frozen baby carrots in this region. Furthermore, growing awareness about healthy eating habits among consumers is expected to propel the demand for these products over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing consumer spending on food and beverages coupled with rising disposable income levels in emerging economies including China and India. Moreover, changing lifestyles along with busy working schedules are expected to increase consumption of processed foods which will further fuel market growth during forecast period. ‰â€˜”©â€˜”©â€˜ “™s Frozen Baby Carrot Mission' was launched by General Mills Inc., U.S.
Growth Factors:
- Increasing demand for healthy and organic food products.
- Rising disposable income of consumers in developing countries.
- Growing awareness about the health benefits of frozen baby carrots among consumers.
- Proliferation of supermarkets and grocery stores across the globe providing a convenient platform for frozen baby carrot sales to grow exponentially over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Baby Carrot Market Research Report
By Type
IQF, Snap Freezing, Others
By Application
Supermarkets, Online Retailers, Convenient stores, Others
By Companies
Grimmway Enterprises, Orogel S.p.A., McCain Foods, Hortex, Watties, Riviana Foods, Mancunian Foods, Pinnacle Foods, Pinguin Foods, Oxford Frozen Foods, Sinonut, Sangram Foods, Xiamen Sharp Dragon International, Grace Food Company
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Baby Carrot Market Report Segments:
The global Frozen Baby Carrot market is segmented on the basis of:
Types
IQF, Snap Freezing, 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
Supermarkets, Online Retailers, Convenient stores, 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:
- Grimmway Enterprises
- Orogel S.p.A.
- McCain Foods
- Hortex
- Watties
- Riviana Foods
- Mancunian Foods
- Pinnacle Foods
- Pinguin Foods
- Oxford Frozen Foods
- Sinonut
- Sangram Foods
- Xiamen Sharp Dragon International
- Grace Food Company
Highlights of The Frozen Baby Carrot 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:
- IQF
- Snap Freezing
- Others
- By Application:
- Supermarkets
- Online Retailers
- Convenient stores
- 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 Frozen Baby Carrot 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.
How you may use our products:
- Correctly Positioning New Products
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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 Baby Carrot is a type of food that is made from carrots that have been frozen.
Some of the key players operating in the frozen baby carrot market are Grimmway Enterprises, Orogel S.p.A., McCain Foods, Hortex, Watties, Riviana Foods, Mancunian Foods, Pinnacle Foods, Pinguin Foods, Oxford Frozen Foods, Sinonut, Sangram Foods, Xiamen Sharp Dragon International, Grace Food Company.
The frozen baby carrot market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Frozen Baby Carrot Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Frozen Baby Carrot Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Frozen Baby Carrot Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Frozen Baby Carrot Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Frozen Baby Carrot Market Size & Forecast, 2020-2028
4.5.1 Frozen Baby Carrot Market Size and Y-o-Y Growth
4.5.2 Frozen Baby Carrot Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 IQF
5.2.2 Snap Freezing
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Online Retailers
6.2.3 Convenient stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Frozen Baby Carrot Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Frozen Baby Carrot Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 IQF
9.6.2 Snap Freezing
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Online Retailers
9.10.3 Convenient stores
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 IQF
10.6.2 Snap Freezing
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Online Retailers
10.10.3 Convenient stores
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 IQF
11.6.2 Snap Freezing
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Online Retailers
11.10.3 Convenient stores
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 IQF
12.6.2 Snap Freezing
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Online Retailers
12.10.3 Convenient stores
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 IQF
13.6.2 Snap Freezing
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Online Retailers
13.10.3 Convenient stores
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Frozen Baby Carrot Market: Competitive Dashboard
14.2 Global Frozen Baby Carrot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grimmway Enterprises
14.3.2 Orogel S.p.A.
14.3.3 McCain Foods
14.3.4 Hortex
14.3.5 Watties
14.3.6 Riviana Foods
14.3.7 Mancunian Foods
14.3.8 Pinnacle Foods
14.3.9 Pinguin Foods
14.3.10 Oxford Frozen Foods
14.3.11 Sinonut
14.3.12 Sangram Foods
14.3.13 Xiamen Sharp Dragon International
14.3.14 Grace Food Company
