Market Research Report
Frozen Fruits and Vegetables
|Published by||Global Industry Analysts, Inc.||Product code||236807|
|Published||Content info||219 Pages
Delivery time: 1-2 business days
|Frozen Fruits and Vegetables|
|Published: July 1, 2020||Content info: 219 Pages||
Global Frozen Fruits and Vegetables Market to Reach 28.3 Million Tons by 2027
Amid the COVID-19 crisis, the global market for Frozen Fruits and Vegetables estimated at 26.2 Million Tons in the year 2020, is projected to reach a revised size of 28.3 Million Tons by 2027, growing at aCAGR of 1.1% over the period 2020-2027. Frozen Vegetables, one of the segments analyzed in the report, is projected to record 1.2% CAGR and reach 25.9 Million Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Frozen Fruits segment is readjusted to a revised 0.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at 7.1 Million Tons, While China is Forecast to Grow at 2.4% CAGR
The Frozen Fruits and Vegetables market in the U.S. is estimated at 7.1 Million Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 5.3 Million Tons by the year 2027 trailing a CAGR of 2.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.1% and 0.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.2% CAGR.We bring years of research experience to this 19th edition of our report. The 219-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,