Los Angeles, CA -- (SBWire) -- 05/03/2019 --Individual quick freezing (IQF) is one of the major technology used to keep variety of vegetables. IQF or individual quick freezing is the process of quickly freezing each unit of product separately, by using cold air that is blown at a high speed on a fluidized bed. Products that are frozen using IQF technology have better flavor, texture and are more nutritious than product frozen with different methods.
Large population coupled with preference toward frozen food and high disposable income contributed to a large share of the North America IQF vegetable market, and this zone took the market share of 40.56% in 2016. Many developing countries such as India and Russia are following the footsteps, since a large portion of the population can afford locally-produced IQF vegetables.
The world leading company in the IQF Vegetables industry is Dole Food, with the revenue market share of 13.58% in 2016, followed by B&G Foods Holdings, Greenyard NV, and other prominent companies include Capricorn Food Products, ConAgra Foods, J.R. Simplot, Kerry Group, Pinnacle Foods, SunOpta and Uren Food Group.
The global IQF Vegetables market was 720 million US$ in 2018 and is expected to 850 million US$ by the end of 2025, growing at a CAGR of 2.2% between 2019 and 2025.
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This report studies the IQF Vegetables market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of IQF Vegetables in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
B&G Foods Holdings
Capricorn Food Products
ConAgra Foods
Dole Food
Greenyard NV
J.R. Simplot
Kerry Group
Pinnacle Foods
SunOpta
Uren Food Group
By the product type, the market is primarily split into
Potato
Tomato
Broccoli and Cauliflower
Other
By the end users/application, this report covers the following segments
Commercial
Household
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IQF Vegetables Market– Size, Share, Analysis, and Trends, 2019–2025
QY Research has published the Latest Market Research Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.