Asia Pacific Frozen Vegetables Market

Asia Pacific Frozen Vegetables Market Size, Share & Industry Trends Analysis Report By End User (Food Service Industry and Retail Customers), By Product, By Distribution Channel (Offline and Online), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18930 Publication Date: December-2023 Number of Pages: 159
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Market Report Description

The Asia Pacific Frozen Vegetables Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030).  In the year 2021, the Asia Pacific market's volume surged to 3,993 kilo tonnes, showcasing a growth of 6.2% (2019-2022).

A variety of advantages provided by frozen vegetables make them an appealing option for consumers. A significant benefit of these products is their extended expiration life. Frozen vegetables retain their nutritional value for months, unlike fresh vegetables, which lose their nutritional value rapidly. This characteristic renders them a practical alternative for individuals with hectic schedules who cannot procure fresh produce frequently.

When considering nutritional value, frozen vegetables frequently exhibit comparable to, if not superior to, fresh counterparts. Due to their rapid processing following harvest, frozen vegetables maintain a significant quantity of essential vitamins and minerals. In certain instances, freeze-dried vegetables may be more nutritious than their raw counterparts due to the preservation agents utilized during freezing. By combining frozen vegetables such as cauliflower and peas with broccoli and carrots, consumers can assemble delightful and nourishing meals.

The market is predominantly propelled by consumers' increasing demand for shelf-stable food due to their hectic lifestyles. Over the previous decade, the region has witnessed a surge in demand for convenience foods, including prepared food, due to the growing number of employed women and economic progress. As a result, the market has experienced steady growth, driven by consumers' increased reliance on frozen vegetables as convenient, high-quality food options. Therefore, the frozen vegetables market is developing rapidly in the region. 

The China market dominated the Asia Pacific Frozen Vegetables Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,018.6 million by 2030. The Japan market is registering a CAGR of 5.4% during (2023 - 2030). Additionally, The India market would experience a CAGR of 6.8% during (2023 - 2030).

Based on End User, the market is segmented into Food Service Industry and Retail Customers. Based on Product, the market is segmented into Corn, Asparagus, Spinach, Green Peas, Broccoli, Mushroom, Green Beans, and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include 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

Scope of the Study

Market Segments Covered in the Report:

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 Country (Volume, Kilo Tones, USD Billion, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

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
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