
North America Frozen Fruits Market
No. of Pages: 52 | Report Code: TIPRE00017322 | Category: Food and Beverages
No. of Pages: 52 | Report Code: TIPRE00017322 | Category: Food and Beverages
Frozen fruits are the fruits that are quickly frozen and packaged in a nitrogen atmosphere when picked at their ripeness peak. The various health benefits related to frozen fruits consumption have been one of the major factors that have favored the North American frozen fruits market. The frozen fruits are known to be one of the healthiest fruits that have been gaining rising demand in this region. The frozen fruits are a rich source of various antioxidants, minerals, and vitamins that have further favored the growth of the market all over the North American region. The easy availability of frozen fruits compared to fresh fruits has been another factor that has fueled the demand for frozen fruits worldwide. The longer shelf life of frozen fruits as compared to fresh fruits has been another contributing factor to the rise and expansion of the frozen fruits market all over the region.
The North America frozen fruits market was valued at US$ 786.91 million in 2019 and is projected to reach US$ 1,179.84 million by 2027; it is expected to grow at a CAGR of 5.3% during 2020–2027. Factors driving the market growth include advantages of using frozen fruits and growing demand from packaged and processed food industry. However, availability of substitute products is likely to have a negative impact on the market growth.
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the food and beverage industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. The US has the highest number of confirmed cases of the COVID-19 morbidity among all North American countries. This is likely to impact the food and beverage industry in the region due to the disruption of supply and distribution chain. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.
The tropical fruits segment accounted for a largest share of the North America frozen fruits market, by product type, in 2019. The confectionery and bakery segment accounted for a largest share of the North America frozen fruits market, by application, in 2019. Also, the freeze drying segment accounted for a largest share of the North America frozen fruits market, by technique type, in 2019.
A few of the major primary and secondary sources referred to while preparing this report on the North America frozen fruits market include Crop's Fruits NV, Dole Packaged Foods LLC., Mirelite Mirsa Co. Ltd., SunOpta Inc., Titan Frozen Fruits, Wawona Frozen Foods, Welch Foods, Inc., Greenyard, J.R. Simplot Company, and General Mills Inc.
Strategic insights for the North America Frozen Fruits 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$ 786.91 Million |
Market Size by 2027 | US$ 1,179.84 Million |
Global CAGR (2020 - 2027) | 5.3% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Frozen Fruits 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 North America Frozen Fruits Market is valued at US$ 786.91 Million in 2019, it is projected to reach US$ 1,179.84 Million by 2027.
As per our report North America Frozen Fruits Market, the market size is valued at US$ 786.91 Million in 2019, projecting it to reach US$ 1,179.84 Million by 2027. This translates to a CAGR of approximately 5.3% during the forecast period.
The North America Frozen Fruits 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 North America Frozen Fruits Market report:
The North America Frozen Fruits Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Frozen Fruits Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Frozen Fruits Market value chain can benefit from the information contained in a comprehensive market report.