The Global IQF Vegetable Market is Predict to reach $5.9 Billion by 2028, at a CAGR of 4.2%

Published Date: 24-Nov-2022

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IQF Vegetable Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global IQF Vegetable Market size is expected to reach $5.9 billion by 2028, rising at a market growth of 4.2% CAGR during the forecast period.

The Organic market is experiencing a CAGR of 5.5% during (2022 - 2028). Efficiency is one of the key advantages, and IQF offers a way to prolong the shelf life of product that still tastes fresh. IQF is also a healthier option because produce is flash-frozen at the height of ripeness, preserving nutrients that would otherwise be lost by the time the food is consumed. All this is supporting the market growth in this segment.

The Commercial market is leading the Global IQF Vegetable Market by End-User in 2021; thereby, achieving a market value of $4.1 billion by 2028. There has been an increase in the disposable income of individuals with a greater predisposition to spend on extravagant activities, such as dining out. Furthermore, eating in restaurants provides an opportunity for families and friends to spend time together. Due to this rising number of restaurants, the market for IQF vegetable market would expand in this segment.

The Online Stores market is anticipated to witness a CAGR of 5.4% during (2022 – 2028). The growing e-commerce sector in developing nations like China, India, and Brazil, provides numerous opportunities for resellers selling products through home deliveries or doorstep delivery facilities within hours after payment is made online. Owing to this, the market would grow in this segment in the upcoming years.

The North America market dominated the Global IQF Vegetable Market by Region in 2021; thereby, achieving a market value of $2.1 billion by 2028. The Europe market is poised a CAGR of 3.8% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 4.6% during (2022 - 2028).

Full Report:

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 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.

Global IQF Vegetable Market Segmentation

By Nature

  • Conventional
  • Organic

By End User

  • Commercial
  • Residential

By Distribution Channel

  • Business to Business (B2B)
  • Online Stores
  • Supermarket/Hypermarkets
  • Others

By Geography

  • 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
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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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Related Reports:

North America IQF Vegetable Market size & Opportunities 2022-2028

Europe IQF Vegetable Market & Growth Forecast 2022-2028

Asia Pacific IQF Vegetable Market Share & Industry Outlook to 2028

LAMEA IQF Vegetable Market Growth, Trends & Forecasts 2022-2028

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