Market Overview:
The global frozen carrot market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing urbanization, and growing awareness about the health benefits of consuming frozen carrots. Based on type, the global frozen carrot market is segmented into whole carrots and diced carrots. The whole carrot segment is expected to account for a larger share of the market than the diced carrot segment during the forecast period. This can be attributed to their popularity among consumers due to their ease of use and nutritional value. Based on application, supermarkets are expected to account for a larger share of the global frozen carrot market than convenient stores duringthe forecast period.
Product Definition:
A frozen carrot is a vegetable that has been cleaned and cut into small pieces. It is then frozen and can be used in recipes or as a snack.
Whole Carrot:
Whole Carrot is a raw and natural product, which has been used as an important ingredient in the preparation of various food products. It is also known for its health benefits such as it helps to reduce cancer, arthritis and other inflammatory diseases. The growth factor present in Whole Carrot helps to cleanse the liver and kidneys functions naturally.
The global frozen carrot market was valued at USD 1.05 billion in 2015.
Diced Carrot:
Diced carrot is a raw and natural form of vegetable which is widely used in the preparation of various dishes. It has several health benefits such as it helps to reduce inflammation, prevent cancer, improve eyesight and boost immune system. Carrot also acts as an excellent source of vitamin A which helps to promote healthy skin, hair and nails along with providing protection against harmful UV rays.
Application Insights:
Supermarkets held the largest share of more than 70.0% in 2017. Frozen vegetables and fruits are increasingly being adopted by consumers as an alternative to their conventional counterparts owing to their low-calorie, nutrient-rich and health promoting properties. The increasing disposable income of a large population has also been contributing towards the adoption of frozen products in supermarkets across the world. Frozen foods help in maintaining quality, taste and nutritional value longer as compared with their conventional counterparts which is expected to have a positive impact on market growth over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for more than 35% of the global revenue. The product has been gaining popularity among consumers, especially in countries such as Germany, U.K., France, and Spain due to its nutritional value and ease of preparation. Moreover, new companies are acquiring frozen food brands such as carrot sticks from Europe to expand their business across other regions including North America and Asia Pacific. For instance, In January 2018; Hain Celestial Group Inc., a 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 carrots among consumers.
- Technological advancements in freezing and packaging technologies that improve the quality and shelf life of frozen carrots products .
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Carrot Market Research Report
By Type
Whole Carrot, Diced Carrot
By Application
Supermarkets, Convenient Stores, Online Retailers, 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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Carrot Market Report Segments:
The global Frozen Carrot market is segmented on the basis of:
Types
Whole Carrot, Diced Carrot
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, Convenient Stores, Online Retailers, 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 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:
- Whole Carrot
- Diced Carrot
- By Application:
- Supermarkets
- Convenient Stores
- Online Retailers
- 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 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
- Market Entry Strategies
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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 Carrot is a type of food that is made from carrots that have been frozen.
Some of the major players in the frozen 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 carrot market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Frozen 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 Carrot Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Frozen 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 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 Carrot Market Size & Forecast, 2018-2028 4.5.1 Frozen Carrot Market Size and Y-o-Y Growth 4.5.2 Frozen Carrot Market Absolute $ Opportunity
Chapter 5 Global Frozen Carrot 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 Frozen Carrot Market Size Forecast by Type
5.2.1 Whole Carrot
5.2.2 Diced Carrot
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Frozen Carrot 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 Frozen Carrot Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Convenient Stores
6.2.3 Online Retailers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Frozen 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 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 Frozen Carrot Analysis and Forecast
9.1 Introduction
9.2 North America Frozen Carrot 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 Frozen Carrot Market Size Forecast by Type
9.6.1 Whole Carrot
9.6.2 Diced Carrot
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 Frozen Carrot Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Convenient Stores
9.10.3 Online Retailers
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 Frozen Carrot Analysis and Forecast
10.1 Introduction
10.2 Europe Frozen Carrot 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 Frozen Carrot Market Size Forecast by Type
10.6.1 Whole Carrot
10.6.2 Diced Carrot
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 Frozen Carrot Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Convenient Stores
10.10.3 Online Retailers
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 Frozen Carrot Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Frozen Carrot 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 Frozen Carrot Market Size Forecast by Type
11.6.1 Whole Carrot
11.6.2 Diced Carrot
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 Frozen Carrot Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Convenient Stores
11.10.3 Online Retailers
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 Frozen Carrot Analysis and Forecast
12.1 Introduction
12.2 Latin America Frozen Carrot 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 Frozen Carrot Market Size Forecast by Type
12.6.1 Whole Carrot
12.6.2 Diced Carrot
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 Frozen Carrot Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Convenient Stores
12.10.3 Online Retailers
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) Frozen Carrot Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Frozen Carrot 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) Frozen Carrot Market Size Forecast by Type
13.6.1 Whole Carrot
13.6.2 Diced Carrot
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) Frozen Carrot Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Convenient Stores
13.10.3 Online Retailers
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 Carrot Market: Competitive Dashboard
14.2 Global Frozen 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