The Frozen Vegetables Market is Predict to reach $49.2 Billion by 2030, at a CAGR of 5.6%

Frozen Vegetables Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Frozen Vegetables Market size is expected to reach $49.2 billion by 2030, rising at a market growth of 5.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 15,584.3 kilo tonnes experiencing a growth of 5.7% (2019-2022). 

The Retail Customers segment is exhibiting a CAGR of 6.2% during (2023 - 2030). Frozen vegetables provide retail consumers with a convenient option. Retail consumers seek convenient meal solutions that fit their busy lifestyles. Frozen vegetables offer the advantage of being prepped and ready to use, saving time on washing, peeling, and chopping. This convenience aligns with the demand for quick and easy meal preparation without compromising nutrition. Frozen vegetables are convenient to store and manage at home due to their small storage area requirements and lack of reliance on specialized conditions, such as refrigeration.

The Corn segment is leading the Global Frozen Vegetables Market, by Product in 2022, thereby achieving a market value of $10 billion by 2030. An increase in the use of frozen maize to prepare dishes like hot sauces and stews is expected to propel the segment. In contrast to fresh maize, which can rapidly decompose into a mushy consistency, frozen corn kernels maintain their structure and form. Numerous studies have determined frozen corn is higher in fiber and vitamin C than fresh corn.

The Online segment is experiencing a CAGR of 6.4% during (2023 - 2030). Online distribution channels offer the convenience of purchasing frozen vegetables from the comfort of home. Some consumers prioritize eco-friendly practices, and online shopping can be perceived as more environmentally friendly due to potentially reduced carbon emissions associated with transportation compared to multiple trips to physical stores. The growth of the segment is owed to the various offerings of online distribution channels like delivery options, including scheduled deliveries, express shipping, or pick-up points.

The Europe region dominated the Global Frozen Vegetables Market, by region in 2022, thereby achieving a market value of $17 billion by 2030, growing at a CAGR of 5.2 % during the forecast period. The Asia Pacific region is experiencing a CAGR of 6.1% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 4.9% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/frozen-vegetables-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Aryzta AG, General Mills Inc., The Kraft Heinz Company, Ajinomoto Co., Inc., Cargill, Incorporated, Europastry, S.A., Conagra Brands, Inc., Kellogg Company, Nestle S.A., Flowers Foods, Inc

Global Frozen Vegetables Market Segmentation

By End User (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Food Service Industry
• Retail Customers

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Corn
• Asparagus
• Spinach
• Green Peas
• Broccoli
• Mushroom
• Green Beans
• Others

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Offline
• Online

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Aryzta AG
• General Mills Inc.
• The Kraft Heinz Company
• Ajinomoto Co., Inc.
• Cargill, Incorporated
• Europastry, S.A.
• Conagra Brands, Inc.
• Kellogg Company
• Nestle S.A.
• Flowers Foods, Inc

Related Reports:

North America Frozen Vegetables Market Size, Share by 2030

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LAMEA Frozen Vegetables Market Size, Share & Forecast, 2030

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Europe Frozen Vegetables Market Size, Share & Growth 2030

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Asia Pacific Frozen Vegetables Market Size & Analysis, 2030

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