IQF Vegetables and Fruits Market size was valued at USD 22.5 Billion in 2024 and is projected to reach USD 35.2 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
The global IQF (Individually Quick Frozen) vegetables and fruits market was valued at approximately USD 25.3 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. The growing demand for convenience food products and increasing awareness of healthy eating habits are significant factors driving market growth. North America holds a dominant share of the market, contributing over 40% of the total revenue in 2022, primarily driven by the high consumption rate of frozen food products in the United States and Canada. The Asia Pacific region, particularly China and India, is anticipated to witness substantial growth due to increasing disposable incomes, changing lifestyles, and a rising demand for ready to eat food products. The market in Europe also demonstrates strong growth, with a notable shift towards frozen vegetables and fruits, particularly in the UK, Germany, and France, as consumers seek healthier alternatives to fresh produce.
Regionally, the IQF vegetables and fruits market is anticipated to experience robust growth in emerging economies such as Latin America and the Middle East. These regions are expected to grow at a CAGR of over 7.2% due to the rising urbanization and the growing trend of quick and easy meal preparations. Moreover, the increasing popularity of plant based and vegan diets is further contributing to the expansion of the market in these areas. The demand for organic IQF vegetables and fruits is also gaining traction, presenting new growth opportunities for market players in these regions. With significant advancements in cold chain logistics and technology, the IQF market is well positioned to meet the growing demand across various regions.
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B&G Foods
Capricorn Food Products
ConAgra Foods
Dole Food
Greenyard
J.R. Simplot
Kerry
Pinnacle Foods
SunOpta
Uren Food
Hao Xiang Ni Health Food
Lanyan
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global IQF Vegetables and Fruits Market
Vegetables
Fruits
Whole
Diced
Sliced
Chopped
Foodservice
Retail
Industrial
Online
Offline
Household
Commercial
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global IQF Vegetables and Fruits Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global IQF Vegetables and Fruits Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global IQF Vegetables and Fruits Market, By Type
6. Global IQF Vegetables and Fruits Market, By Application
7. Global IQF Vegetables and Fruits Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global IQF Vegetables and Fruits Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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