Europe Frozen Vegetables Market
No. of Pages: 76 | Report Code: TIPRE00020108 | Category: Food and Beverages
No. of Pages: 76 | Report Code: TIPRE00020108 | Category: Food and Beverages
The Europe frozen vegetables market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The growth of frozen vegetables is reasonable to be driven by changes in the consumption patterns of the European consumers, including ‘ready to eat’ and ‘easy to prepare’ meals also the replacement of food from animal sources with vegetable alternatives. Notably, Germany, Belgium, France, the United Kingdom, Italy, and the Netherlands grant opportunities for developing country suppliers. Europe is to date known as the world’s largest importer of frozen vegetables. European imports of frozen vegetables have been increased annually. Also, consumption of vegetables (including frozen) is increasing owing to the popularization of vegan & vegetarian food across Europe. Rapid rise in population along with increase in disposable income, busy lifestyles and changing working demographics have propelled the growth of the frozen vegetables market in the region. With the increasing health-related awareness among the population, the need for frozen vegetables products in the region is expected to grow over the forecast period. Healthy foods have gained significant momentum among European consumers, as they are increasingly seeking healthy and convenient alternatives served at breakfast, as a meal replacement or as a snack. The European continent has a market presence of key players that are involved in the growth of the market. These manufacturers are actively involved in the advancements or diversification of application base of frozen vegetables which is driving the market growth in Europe.
Strategic insights for the Europe Frozen Vegetables provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 6,564.94 Million |
| Market Size by 2027 | US$ 8,868.17 Million |
| Global CAGR (2020 - 2027) | 3.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Frozen Vegetables refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The frozen vegetables market in Europe is expected to grow from US$ 6,564.94 Mn in 2019 to US$ 8,868.17 Mn by 2027; it is estimated to grow at a CAGR of 3.9% from 2020 to 2027. The Europe frozen vegetables market comprises numerous players across the ecosystem with high market fragmentation. The frozen vegetables market has started to use some innovative and advanced technology to produce better quality products. Manufacturers use these innovative technologies to speed up the production process of various frozen vegetables. Advanced refrigeration techniques are also being increasingly used by the manufacturers in the frozen vegetables market. Many of these innovative technologies are in the development stage and require high capital. Some of these technologies offer energy saving while some provide high quality advantages. Thus, the use of these technologies will help the manufacturers as well as the consumers and can be a win-win situation for both. Some of the new innovative freezing technologies include Hydro-fluidization and impingement. Manufacturers believe that fast freezing and formation of small ice crystals offer quality advantages to frozen vegetables products. Thus, this is becoming a driving trend in the frozen vegetables market.
In terms of type, the mixed vegetables segment accounted for the largest share of the Europe frozen vegetables market in 2019. In terms of end user, the food retail segment held a larger market share of the Europe frozen vegetables market in 2019.
A few major primary and secondary sources referred to for preparing this report on the Europe frozen vegetables market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Conagra Brands Inc., Goya Foods, Inc., Foodnet Ltd, CROP’S UK, Bonduelle and Ardo.
The Europe Frozen Vegetables Market is valued at US$ 6,564.94 Million in 2019, it is projected to reach US$ 8,868.17 Million by 2027.
As per our report Europe Frozen Vegetables Market, the market size is valued at US$ 6,564.94 Million in 2019, projecting it to reach US$ 8,868.17 Million by 2027. This translates to a CAGR of approximately 3.9% during the forecast period.
The Europe Frozen Vegetables Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Frozen Vegetables Market report:
The Europe Frozen Vegetables Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Frozen Vegetables Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Frozen Vegetables Market value chain can benefit from the information contained in a comprehensive market report.
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