Press release
Frozen Fruits Market Development, Key Opportunity And Analysis Of Leading Players
The recently revised report on the frozen fruits industry has predicted the market to attain a valuation of around US$ 4 Bn by 2031 while registering a robust CAGR of 5.4% over the next ten years. According to this study, the frozen fruits market is set to depict an absolute opportunity of US$ 120 Mn in 2021.
The level at which urban lives are getting complicated, handling workloads & faring long distances, there is a bespoken need for consuming convenience and ready-to-eat foods such as frozen fruits. While rising disposable incomes of consumer do boost the sales of frozen fruits, it is the booming retail & online shopping sector that has attracted consumers towards frozen fruits.
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Benefits of consuming frozen fruits have been scientifically-proven by research studies, but have been attested by online platforms that promote the consumption of frozen fruits over fresh fruits. Persistence Market Research believes that the global demand for frozen fruits will grow steadily in the years to come, procuring revenues worth over US$ 4 Bn by 2031-end.
In its latest report, titled "Frozen Fruits: Global Industry Analysis and Forecast, 2021-2031," Persistence Market Research has assessed that in 2021, a substantial amount of frozen fruits were consumed across the globe, bringing in revenues worth US$ 2.4 Bn.
The report also predicts that Asia-Pacific will record fastest sales of frozen fruits during the period, registering a modest value CAGR. Nevertheless, Europe will emerge as the largest market for frozen fruits, as Germany is expected to account for 18% of the market share in the region.
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Demand for frozen fruits in Latin America and North America is also expected to gain traction, as these regions are poised to register value CAGRs above 5%.
The report has also profiled leading manufacturers of frozen fruits, which include, Pinnacle Foods Inc., Kendall Frozen Fruits Inc., Ardo NV, SunOpta Inc., Welch Foods Inc., Agrana Beteiligungs, Kerry Group Plc., SICA SICODIS, Titan Frozen Fruits LLC.
Factors Restraining Consumption of Frozen Fruits
Firstly, consumers are under the assumption that frozen fruits are inferior substitutes of fresh fruits, and that they are processed by added preservatives. Perception of consumers towards the genuineness of frozen fruits is what the market players should focus on, and increase their outreach through awareness programs.
Lack of associations related to frozen fruits has also been cited in the report as a key restraint for the market's growth. In order to help consumers overcome their misconceptions about frozen fruits, companies must establish associations and carry out awareness drives under them.
Another key inhibitor for the growth of global frozen fruits market is costs related to power and freight in the frozen fruits. Compared to preservation of other foods, these costs are much higher for frozen fruits as they are required to be transported under special conditions.
Moreover, developing countries are unable to facilitate such special facilities in the supply of frozen fruits. Infrastructural challenges, improper road networks, and shortage of power supply are some factors that are incidentally impeding the growth of frozen fruits market in developing nations.
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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
The level at which urban lives are getting complicated, handling workloads & faring long distances, there is a bespoken need for consuming convenience and ready-to-eat foods such as frozen fruits. While rising disposable incomes of consumer do boost the sales of frozen fruits, it is the booming retail & online shopping sector that has attracted consumers towards frozen fruits.
Request For Report Sample - https://www.persistencemarketresearch.com/samples/10729
Benefits of consuming frozen fruits have been scientifically-proven by research studies, but have been attested by online platforms that promote the consumption of frozen fruits over fresh fruits. Persistence Market Research believes that the global demand for frozen fruits will grow steadily in the years to come, procuring revenues worth over US$ 4 Bn by 2031-end.
In its latest report, titled "Frozen Fruits: Global Industry Analysis and Forecast, 2021-2031," Persistence Market Research has assessed that in 2021, a substantial amount of frozen fruits were consumed across the globe, bringing in revenues worth US$ 2.4 Bn.
The report also predicts that Asia-Pacific will record fastest sales of frozen fruits during the period, registering a modest value CAGR. Nevertheless, Europe will emerge as the largest market for frozen fruits, as Germany is expected to account for 18% of the market share in the region.
Request For Report Customization - https://www.persistencemarketresearch.com/request-customization/10729
Demand for frozen fruits in Latin America and North America is also expected to gain traction, as these regions are poised to register value CAGRs above 5%.
The report has also profiled leading manufacturers of frozen fruits, which include, Pinnacle Foods Inc., Kendall Frozen Fruits Inc., Ardo NV, SunOpta Inc., Welch Foods Inc., Agrana Beteiligungs, Kerry Group Plc., SICA SICODIS, Titan Frozen Fruits LLC.
Factors Restraining Consumption of Frozen Fruits
Firstly, consumers are under the assumption that frozen fruits are inferior substitutes of fresh fruits, and that they are processed by added preservatives. Perception of consumers towards the genuineness of frozen fruits is what the market players should focus on, and increase their outreach through awareness programs.
Lack of associations related to frozen fruits has also been cited in the report as a key restraint for the market's growth. In order to help consumers overcome their misconceptions about frozen fruits, companies must establish associations and carry out awareness drives under them.
Another key inhibitor for the growth of global frozen fruits market is costs related to power and freight in the frozen fruits. Compared to preservation of other foods, these costs are much higher for frozen fruits as they are required to be transported under special conditions.
Moreover, developing countries are unable to facilitate such special facilities in the supply of frozen fruits. Infrastructural challenges, improper road networks, and shortage of power supply are some factors that are incidentally impeding the growth of frozen fruits market in developing nations.
For in-depth competitive analysis, buy now - https://www.persistencemarketresearch.com/checkout/10729
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
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