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 is valued at 720 million US$ in 2018 and will reach 850 million US$ by the end of 2025, growing at a CAGR of 2.2% during 2019-2025. The objectives of this study are to define, segment, and project the size of the IQF Vegetables market based on company, product type, end user and key regions.
This report studies the global market size of IQF Vegetables in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of IQF Vegetables in these regions.
This research report categorizes the global IQF Vegetables market by top players/brands, region, type and end user. This report also studies the global IQF Vegetables market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
B&G Foods Holdings
Capricorn Food Products
Uren Food Group
Market size by Product
Broccoli and Cauliflower
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global IQF Vegetables market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of IQF Vegetables market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global IQF Vegetables companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of IQF Vegetables submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of IQF Vegetables are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of IQF Vegetables market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.