IQF Vegetable Market: Global Industry Analysis, Size, Trends, Growth, Trends, and Forecast 2019 - 2029

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IQF Vegetable Market: Global Industry Analysis, Size, Trends, Growth, Trends, and Forecast 2019 - 2029

Status : August, 2020 | Food and Beverages | PPT format

Report Digest

Global IQF Vegetable Market: Overview

Swift and hassle free transport is the need of the hour today as demand for fresh products – fruits, vegetables, and beyond goes up drastically. This is a result of the new-age consumer being more aware regarding the benefits of fresh foods and ingredients. It therefore creates notable demand for all things fresh. In turn, this requires Individual Quick Freezing during procurement and distribution, driving up demand for IQF vegetables.

As per Transparency market Research, this will lead to massive growth in the global IQF Market. The CAGR will be steady and lead to a number of attractive avenues, promising a pathway to growth for a decent number of players. Technology plays a key role here and so does innovation.

Global IQF Vegetable Market: Notable Development

In the global IQF vegetable market, new opportunities will emerge for players – a result of stead growth anticipated in the market. This will lead players operating in the playfield, to have a sharp eye on growth dynamics and opt for appropriate strategies as per need. It is pertinent here that from the many growth strategies that players often resort to in the market, the most significant ones are mergers and acquisitions technological advancement, and research and development.

Top players operating in the slightly fragmented landscape of global IQF Vegetable Market are:

  • Greenyard NV
  • Kerry Group Plc.
  • J.R. Simplot Co.
  • SunOpta Inc.

Global IQF Vegetable Market:  Key Trends and Drivers

Transparency Market Research has identified a slew of factors that are impacting growth in the global IQF market positively. The interplay among these is set to lead it on a steady upward growth curve over the forecast period of the upcoming report. A synopsis of these varied growth factors is outlined below:

  • Demand for fresh vegetables is seeing an upward trend and that is fuelling notable growth in the global IQF market. The demand comes from consumers as well industries such as food and beverages. Here, it is also pertinent to note that a robust distribution channel plays a critical role and therefore players are diverting attention to improving retail supply and supply chains and channels.
  • Increasing awareness regarding benefits of fresh vegetables is driving their demand in a major way. This will be supported over the forecast period owing to factors such as increase in disposable income across the world so consumers don not hesitate to pay a premium price for high quality products. This will contribute massively to growth anticipated for global IQF market over the stated assessment period.

Global IQF Vegetable Market:  Regional Analysis

Over the stated assessment period of the upcoming report of Transparency Market Research, North America is slated to be the major market player. Robust supply chains in the market will be significant factors of growth in the region. The most notable contributors to growth will be two countries in the region – Canada and the United States of America. Availability and high demand for farm fresh vegetables is high and this is also contributing quite positively to growth in the regional IQF vegetable market over the forecast period. Retail chain plays a prominent role in easy availability and accessibility of these vegetables. Europe and Asia Pacific (APAC) region will also be attractive regions due to massive claim on market share and high growth rate respectively.

Global IQF Vegetable Market: Based on Product Type 

  • Beans
  • Peas
  • Corn & Baby Corn
  • Broccoli & Cauliflower
  • Potato
  • Onion
  • Tomato
  • Carrot
  • Others 

Global IQF Vegetable Market: Based on End-user

  • Retail Sector
  • Industrial Sector 

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.