LAMEA 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
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Market Report Description
The Latin America, Middle East and Africa IQF Vegetable Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
Convenience foods that really can reduce preparation time are becoming more and more popular with consumers. The need for convenience foods is being driven by an aging population and a busy lifestyle. Driven mostly by increased disposable incomes, they place a high priority on the simplicity of use, packaging, nutritional content, variety, safety, and product appeal.
Additionally, the IQF vegetable industry is significantly boosted by the emergence of quick-service restaurants, commonly known as fast food restaurants. The majority of vegetables can be processed using IQF technology, which keeps the vegetable's flavor and texture for a longer duration while preserving its nutritional value.
When IQF vegetable is frozen, as opposed to products frozen using slow freezing technology, the food cells are effectively prevented from being destroyed during the freezing process, so stopping food from losing its freshness and nutritional value. In addition to this, although the blood volume of the meal will be smaller after thawing, there won't be much of a difference in the food's quality from before freezing.
The UAE has long been regarded as a leading location for tourism and other types of leisure travel. These industries have seen significant and consistent growth over the past few years, and as a result, they have become an essential part of the United Arab Emirates' plan for successfully diversifying its economy. Over the course of the last few years, the hospitality sector in the United Arab Emirates has seen significant expansion. The connectivity of the UAE to the rest of the globe is one of the primary factors that has contributed to the expansion of the hospitality, tourism, and leisure industries in the country.
The Brazil market dominated the LAMEA IQF Vegetable Market by Country in 2021; thereby, achieving a market value of $112.8 million by 2028. The Argentina market is showcasing a CAGR of 8% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 7.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global IQF Vegetable Market is Predict to reach $5.9 Billion by 2028, at a CAGR of 4.2%
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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
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