Market Overview:
The global IQF products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for processed food and changing lifestyle of consumers. Additionally, rising income levels and growing awareness about healthy eating habits are also propelling the growth of this market.
On the basis of type, the global IQF products market is segmented into IQF fruits, IQF vegetables, andIQF seafood. Among these segments,theIQF fruits segment is expected to witness highest growth during the forecast period owing to increasing demand for convenient and healthy food options across the globe. On account of their nutritional value and easy availability,IQFs vegetables are witnessing high demand from processed food manufacturers across different regions.
Product Definition:
IQF products are those which have been individually quick frozen. This means that the product has been frozen very quickly, usually in a blast freezer. The individual quick freezing process helps to prevent the formation of large ice crystals, which can damage the product's texture and flavor. IQF products are important because they help to ensure that food is preserved properly and retains its quality.
IQF Fruits:
Intelligent Quanta Free (IQF) fruits are fresh, frozen and dried fruit pieces that contain natural pectin. IQF fruits have a higher content of soluble fiber than regular fruit due to which it helps in lowering blood sugar levels and reducing cholesterol levels in the human body. The product also helps in weight loss as it contains antioxidants, vitamins and minerals which help to reduce extra fat layers from the body.
IQF Vegetables:
IQF Vegetables is fresh produce that has been processed in a way so that it does not go bad after harvesting. It is used to make vegetable chips, frozen vegetables and fruits, dehydrated vegetables and fruits, sauces & pickles among others. IQF products are made up of high quality raw materials which retain their nutritional value for a longer time period.
Application Insights:
The processing consumption accounted for the largest market share in 2017 and is expected to grow at a significant rate over the forecast period. The IQF products are widely used in various food processing applications including canning, baking, frying, and grilling. Processing foods such as vegetables and fruits help maintain their nutritional value while enhancing their appearance. This factor is likely to fuel product demand during the forecast period.
IQF fruit products such as canned pineapples display a higher level of complexity compared to conventional canned goods due to their three-dimensional structure which provides better aesthetic appeal when displayed on retail shelves or tablesides. Furthermore, these IQF products require less storage space owing to their compact size which bodes well for industry growth during the projected time frame  (see table below).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large population with high disposable income, which makes it attractive for manufacturers to set up their production facilities in this region. China and India are among the largest producers of IQF products owing to factors such as low labor cost, availability of farm produce at affordable prices, and easy access to agricultural land.
Europe accounted for more than 20% share of global revenue in 2017 due to growing demand from countries including Germany, U.K.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that can be easily prepared. IQF products are a perfect fit for this need as they can be quickly and easily cooked without the need for thawing.
- Rising popularity of healthy eating: There is a growing trend towards healthier eating, with consumers increasingly looking for nutritious and sustainable food options. IQF products offer both of these benefits, making them a popular choice among health-conscious consumers.
- Growing demand from emerging markets: Emerging markets such as China and India are experiencing rapid economic growth, which is driving up demand for high-quality food products. IQF items are in high demand in these regions due to their superior quality and convenience features.
Scope Of The Report
Report Attributes
Report Details
Report Title
IQF Products Market Research Report
By Type
IQF Fruits, IQF Vegetables, IQF Seafo
By Application
Direct Consumption, Processing Consumption
By Companies
Superior Foods Companies, SunOpta, Simplot, Titan Frozen Fruit, Gaotai, Jinyuan Agriculture, Junao, SCELTA, California Garlic Company, Eurial, Oxford Frozen Foods
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global IQF Products Market Report Segments:
The global IQF Products market is segmented on the basis of:
Types
IQF Fruits, IQF Vegetables, IQF Seafo
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
Direct Consumption, Processing Consumption
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:
- Superior Foods Companies
- SunOpta
- Simplot
- Titan Frozen Fruit
- Gaotai
- Jinyuan Agriculture
- Junao
- SCELTA
- California Garlic Company
- Eurial
- Oxford Frozen Foods
Highlights of The IQF Products 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 Fruits
- IQF Vegetables
- IQF Seafo
- By Application:
- Direct Consumption
- Processing Consumption
- 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 IQF Products 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
- 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?
Some of the major companies in the iqf products market are Superior Foods Companies, SunOpta, Simplot, Titan Frozen Fruit, Gaotai, Jinyuan Agriculture, Junao, SCELTA, California Garlic Company, Eurial, Oxford Frozen Foods.
The iqf products market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IQF Products 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. IQF Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IQF Products Market - Supply Chain
4.5. Global IQF Products Market Forecast
4.5.1. IQF Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IQF Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. IQF Products Market Absolute $ Opportunity
5. Global IQF Products 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. IQF Products Market Size and Volume Forecast by Type
5.3.1. IQF Fruits
5.3.2. IQF Vegetables
5.3.3. IQF Seafo
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IQF Products 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. IQF Products Market Size and Volume Forecast by Application
6.3.1. Direct Consumption
6.3.2. Processing Consumption
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IQF Products 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. IQF Products 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 IQF Products 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. IQF Products 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 IQF Products Demand Share Forecast, 2019-2026
9. North America IQF Products 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 IQF Products 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 IQF Products Market Size and Volume Forecast by Application
9.4.1. Direct Consumption
9.4.2. Processing Consumption
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IQF Products Market Size and Volume Forecast by Type
9.7.1. IQF Fruits
9.7.2. IQF Vegetables
9.7.3. IQF Seafo
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 IQF Products Demand Share Forecast, 2019-2026
10. Latin America IQF Products 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 IQF Products 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 IQF Products Market Size and Volume Forecast by Application
10.4.1. Direct Consumption
10.4.2. Processing Consumption
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IQF Products Market Size and Volume Forecast by Type
10.7.1. IQF Fruits
10.7.2. IQF Vegetables
10.7.3. IQF Seafo
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 IQF Products Demand Share Forecast, 2019-2026
11. Europe IQF Products 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 IQF Products 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 IQF Products Market Size and Volume Forecast by Application
11.4.1. Direct Consumption
11.4.2. Processing Consumption
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IQF Products Market Size and Volume Forecast by Type
11.7.1. IQF Fruits
11.7.2. IQF Vegetables
11.7.3. IQF Seafo
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 IQF Products Demand Share, 2019-2026
12. Asia Pacific IQF Products 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 IQF Products 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 IQF Products Market Size and Volume Forecast by Application
12.4.1. Direct Consumption
12.4.2. Processing Consumption
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IQF Products Market Size and Volume Forecast by Type
12.7.1. IQF Fruits
12.7.2. IQF Vegetables
12.7.3. IQF Seafo
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 IQF Products Demand Share, 2019-2026
13. Middle East & Africa IQF Products 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 IQF Products 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 IQF Products Market Size and Volume Forecast by Application
13.4.1. Direct Consumption
13.4.2. Processing Consumption
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IQF Products Market Size and Volume Forecast by Type
13.7.1. IQF Fruits
13.7.2. IQF Vegetables
13.7.3. IQF Seafo
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 IQF Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IQF Products Market: Market Share Analysis
14.2. IQF Products Distributors and Customers
14.3. IQF Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Superior Foods Companies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SunOpta
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Simplot
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Titan Frozen Fruit
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gaotai
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jinyuan Agriculture
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Junao
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SCELTA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. California Garlic Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eurial
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Oxford Frozen Foods
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
