North America Frozen Vegetables Market

North America 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-18935 Publication Date: December-2023 Number of Pages: 138
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Market Report Description

The North America Frozen Vegetables Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 3,900.3 kilo tonnes, showcasing a growth of 5.2% (2019-2022).

Market participants in the frozen vegetables market have invested in energy-efficient refrigeration technologies to reduce energy usage and carbon emissions. Sophisticated cooling methods, such as IQF (individually fast frozen), enable the rapid and individual freezing of vegetables, thereby conserving their quality while concurrently diminishing energy consumption compared to conventional freezing approaches. By rapidly chilling individual vegetables with flash-freezing techniques such as IQF, ice crystal formation is prevented, and the integrity of the vegetable cells is preserved. Consequently, frozen vegetables maintain their pristine characteristics even following the defrosting process.

The frozen vegetables market has demonstrated its dedication to sustainability by adopting environmentally benign farming and processing methods and reducing food waste. The anticipated increase in consumer awareness regarding their environmental impact will stimulate the demand for sustainable frozen vegetables.

In this region, demand for frozen vegetables has experienced remarkable growth attributed to the burgeoning rise of e-commerce and the shifting consumer inclination towards convenience shopping. In the United States, the surge in e-commerce platforms and the convenience shopping trend have reshaped the grocery retail landscape. Thus, the upward trend in the daily consumption of frozen vegetables and other frozen products indicates that the region will experience a sustained increase in demand for frozen vegetables.

The US market dominated the North America Frozen Vegetables Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,776.5 million by 2030. The Canada market is experiencing a CAGR of 7.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.3% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The 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)

  • US
  • Canada
  • Mexico
  • Rest of North America

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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