IMARC Group has recently released a new research study titled “Asia Pacific Frozen Fruits and Vegetables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the Asia Pacific frozen fruits and vegetables market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

The market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.

Industry Definition:

Frozen fruits and vegetables refer to those fruits and vegetables that have been processed and frozen to extend their shelf life and preserve their nutritional value. They are harvested at peak ripeness, quickly frozen, and packaged for distribution and consumption.

Frozen fruits and vegetables are characterized by their freshness, convenience of usage, and year-round availability. They also have an extended shelf life and are easy to store. They are typically used in making products, such as smoothies and desserts.

Market Trends:

The increasing need for convenient food options represents one of the key factors influencing the market growth of the Asia Pacific region. Moreover, frozen fruits and vegetables are pre-cut, pre-washed, and ready to use, which saves time and effort in meal preparation. This, coupled with the steadily increasing working population base and their hectic schedules and consequent negligible time left for proper cooking, is facilitating the demand for frozen fruits and vegetables in the region, thereby propelling the market growth.

Increasing sedentary lifestyles and prevalence of chronic ailments are further facilitating the product demand as individuals are now more inclined toward incorporating fruits and vegetables in their daily diets as a quintessential component. Since frozen fruits and vegetables are easy to cook and store for longer durations without compromising on the nutritional quotient, this is facilitating their demand significantly across the region.

In addition to this, advancements in freezing technology have improved the quality, taste, and texture of frozen fruits and vegetables, which is contributing to market growth. The foodservice sector, including restaurants, hotels, and cafes, relies heavily on frozen fruits and vegetables for efficient and consistent ingredient availability, which is contributing to the market growth of frozen fruits and vegetables in the Asia Pacific region.

The rising consumer awareness regarding health benefits associated with frozen fruits and vegetables is leading to higher demand, which is leading the market toward growth. The expansion of organized retail chains, such as supermarkets and hypermarkets are increasing the accessibility and availability of frozen fruits and vegetables, thereby fostering the market growth.

The expansion of the food processing industry in the Asia Pacific region has led to extensive demand for frozen fruits and vegetables, resulting in significant market growth. The rising interest in plant-based diets has led to an increased demand for frozen fruits and vegetables as alternatives to meat and dairy products, which is driving the market growth.

Apart from this, improvements in the cold-chain storage and logistics have led to the development of systematic supply networks of frozen food and vegetables across the region, which is acting as a major growth-inducing factor.

The market is also being driven by the increasing health consciousness among the masses and the easy product availability at affordable price points. This, along with rising consumer expenditure capacities and expanding food and beverage (FB) industry in the region is driving the market toward growth.

Other factors, such as rapid urbanization and increasing disposable income levels of individuals, are creating a positive outlook for the market across the region.

Key Market Segmentation:

The report has segmented the Asia Pacific frozen fruits and vegetables market based on product type, distribution channel and country.

Breakup by Product Type:

• Frozen Fruits
• Frozen Vegetables

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Independent Retailers
• Convenience Stores
• Online
• Others

Breakup by Country:

• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others

Competitive Landscape:

The competitive landscape of the Asia Pacific frozen fruits and vegetables market has been studied in the report with the detailed profiles of the key players operating in the market.

Explore Full Report With TOC List of Figures: https://www.imarcgroup.com/asia-pacific-frozen-fruits-vegetables-market

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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