Asia Pacific IQF Vegetable Market Size, Share & Industry Trends Analysis Report By Nature (Conventional and Organic), By End User (Commercial and Residential), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Asia Pacific IQF Vegetable Market
Market Report Description
The Asia Pacific IQF Vegetable Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028).
The food sector is using this technology more as producers work to offer customers high-quality, fresh frozen goods all year round. It is simple to understand why this technology is growing in popularity given its many advantages. Vegetables are quickly frozen after harvesting, which accounts for their high nutritional value.
In addition, one study discovered that preserving veggies for three months without balancing them had no impact on the phytochemicals they contained. Additionally, it has been demonstrated that vegetable cells do not alter or become harmed after a year of preservation. On the other hand, boiling, stir-frying, and microwave cooking may cause the vegetable cells to be destroyed. The situation with IQF vegetables is different.
The vegetable is frozen for 10–12 minutes using the fluidization method in IQF. These are easily accessible on the market through a variety of distribution channels, including internet retailers, department stores, supermarkets, and hypermarkets. The demand for frozen goods, particularly IQF vegetables, has increased steadily in developing nations over the past several years, and this has been a major driver of the worldwide IQF industry.
One of India's most alluring features is its cuisine, which is a key element in luring both local and international visitors and has a direct impact on the restaurant business. With India being a youthful nation with a tech-savvy consumer base, a high level of disposable income, and little time to cook at home, the sector is growing quickly. Food enterprises are being pushed internationally to increase tourism. Utilizing the diversity that India has to offer, a similar attempt can be carried out there. As a result, because of these elements, the regional market for IQF vegetables would expand in the upcoming years.
The China market dominated the Asia Pacific IQF Vegetable Market by Country in 2021; thereby, achieving a market value of $509.4 million by 2028. The Japan market is registering a CAGR of 4% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 5.2% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on End User, the market is segmented into Commercial and Residential. Based on Distribution Channel, the market is segmented into Business to Business (B2B), Online Stores, Supermarket/Hypermarkets and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alfred Zindel AG, Brecon Foods, Inc., B&G Foods, Inc., Capricorn Food Product India Ltd., Greenyard NV, Meyer Gemüsebearbeitung GmbH, REMS Frozen Foods, Simplot Australia Pty. Ltd., Staple Food Group (Staple Dairy Products Ltd.) and Uren Food Group Limited.
Scope of the Study
Market Segments Covered in the Report:
By End User
By Distribution Channel
- Business to Business (B2B)
- Online Stores
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Alfred Zindel AG
- Brecon Foods, Inc.
- B&G Foods, Inc.
- Capricorn Food Product India Ltd.
- Greenyard NV
- Meyer Gemüsebearbeitung GmbH
- REMS Frozen Foods
- Simplot Australia Pty. Ltd.
- Staple Food Group (Staple Dairy Products Ltd.)
- Uren Food Group Limited
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free