North America Frozen Vegetables Market Forecast to 2031 - Regional Analysis

Description

List of Tables

The North America frozen vegetables market was valued at US$ 8,622.71 million in 2023 and is expected to reach US$ 12,571.69 million by 2031; it is estimated to register a CAGR of 4.8% from 2023 to 2031.

Increasing Preference for Plant-Based Diets Fuels North America Frozen Vegetables Market

In developed regions such as Europe and North America, the increasing preference for plant-based diets is influenced by cultural and religious factors and rising awareness about the health benefits of vegetable consumption. Frozen vegetables are considered versatile ingredients in plant-based meals and snacks. Frozen vegetables, such as okra, peas, green beans, etc., are commonly used in pie, lasagna, soup, stews, and side dishes, providing households with convenient options to prepare nutritious meals at home. Frozen spinach, broccoli, and kale are convenient additions to stir-fries, soups, and pasta dishes. Frozen vegetables can be added to meals anytime, regardless of seasonal availability. These vegetables are convenient and nutritious options for consumers seeking to adopt healthier and more sustainable dietary habits, thereby catering to flexitarian, vegetarian, and vegan consumers' preferences. Thus, the increasing preference for plant-based diets drives the frozen vegetables market.

North America Frozen Vegetables Market Overview

In North America, the latest consumer preference trends exhibit a shift toward healthy and nutritious food options, which has surged the demand for vegan, gluten-free, high-fiber, high-protein, or low-calorie food, as well as frozen vegetables. According to the "2023 Power of Frozen in Retail" by The Food Industry Association and the American Frozen Food Institute, frozen food sales in the US increased by 7.9%, reaching US$ 74.2 billion between July 2022 and July 2023. The report also reveals that the number of online grocery shoppers' share who purchase frozen food through e-commerce channels is rising significantly. The research also revealed that 86% of shoppers who bought groceries online purchased frozen products in 2023, indicating a rise of 82% in 2020 in the US. According to the National Restaurant Association (US), the food and beverage sales from the full-service segment (including family-dining, casual-dining, and fine-dining full-service restaurants) grew from US$ 199 billion in 2020 to US$ 289 billion in 2022, while the sales from the limited-service segment (including quick-service restaurants, fast-casual restaurants, and cafeteria) in the US increased from US$ 297 billion in 2020 to US$ 355 billion in 2022. Frozen vegetables are widely purchased by foodservice operators, as these vegetables keep the menu options consistent throughout the year, aids in meeting the demand of the foodservice industry, and minimizes overall food losses. Thus, the growth in the foodservice industry and rising demand for frozen food are a few factors that drive the frozen vegetables market in the region.

North America Frozen Vegetables Market Revenue and Forecast to 2031 (US$ Million)

North America Frozen Vegetables Market Segmentation

The North America frozen vegetables market is categorized into type, category, end user, and country.

By type, the North America frozen vegetables market is segmented into corn cob, corn kernels/sweet corn, green peas, baby corn, carrot, cauliflower, green beans, spinach, broccoli, onions, brussel sprouts, mixed vegetables, and others. The others segment held the largest share of the North America frozen vegetables market share in 2023.

In terms of category, the North America frozen vegetables market is bifurcated into organic and conventional. The conventional segment held a larger share of the North America frozen vegetables market share in 2023.

Based on end user, the North America frozen vegetables market is segmented into food processing, food retail, and foodservice. The food retail segment held the largest share of the North America frozen vegetables market share in 2023.

Based on country, the North America frozen vegetables market is segmented into the US, Canada, and Mexico. The US segment held the largest share of North America frozen vegetables market in 2023.

Alasko Food Inc.; Ardo Foods NV; B&G Foods; Bonduelle SA; Dawtona Frozen; General Mills Inc; Goya Foods Inc; Grupo Virto; Hanover Foods; La Fe Foods; McCain Foods Ltd; Mondial Foods BV; Mother Dairy Fruit & Vegetable Pvt. Ltd; Seneca Foods Corp; and Simplot Global Food are some of the leading companies operating in the North America frozen vegetables market.

Product Code: TIPRE00020106

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
3.3 Limitations and Assumptions

4. North America Frozen Vegetables Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Porter's Five Forces Analysis
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Threat of New Entrants
- 4.2.5 Competitive Rivalry
- 4.2.6 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Fresh Vegetables Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Distributors/Suppliers:
- 4.3.4 End Users:
4.4 List of Vendors in the Value Chain

5. North America Frozen Vegetables Market - Key Market Dynamics

5.1 North America Frozen Vegetables Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Preference for Plant-Based Diets
- 5.2.2 Growing Demand from Foodservice Sector
5.3 Market Restraints
- 5.3.1 Supply Chain Challenges
5.4 Market Opportunities
- 5.4.1 Upsurge in Demand for Organic Food Products
5.5 Future Trends
- 5.5.1 Growing Inclination Toward Healthy Diet
5.6 Impact of Drivers and Restraints:

6. North America Frozen Vegetables Market - Analysis

6.1 North America Frozen Vegetables Market Revenue (US$ Million), 2021-2031
6.2 North America Frozen Vegetables Market Forecast Analysis

7. North America Frozen Vegetables Market Analysis - by Type

7.1 Corn Cob
- 7.1.1 Overview
- 7.1.2 Corn Cob: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Corn Kernels or Sweet Corn
- 7.2.1 Overview
- 7.2.2 Corn Kernels or Sweet Corn: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Green Peas
- 7.3.1 Overview
- 7.3.2 Green Peas: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Baby Corn
- 7.4.1 Overview
- 7.4.2 Baby Corn: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.5 Carrot
- 7.5.1 Overview
- 7.5.2 Carrot: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.6 Cauliflower
- 7.6.1 Overview
- 7.6.2 Cauliflower: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.7 Green Beans
- 7.7.1 Overview
- 7.7.2 Green Beans: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.8 Spinach
- 7.8.1 Overview
- 7.8.2 Spinach: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.9 Broccoli
- 7.9.1 Overview
- 7.9.2 Broccoli: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.10 Onions
- 7.10.1 Overview
- 7.10.2 Onions: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.11 Brussel Sprouts
- 7.11.1 Overview
- 7.11.2 Brussel Sprouts: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.12 Mixed Vegetables
- 7.12.1 Overview
- 7.12.2 Mixed Vegetables: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.13 Others
- 7.13.1 Overview
- 7.13.2 Others: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. North America Frozen Vegetables Market Analysis - by Category

8.1 Organic
- 8.1.1 Overview
- 8.1.2 Organic: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Conventional
- 8.2.1 Overview
- 8.2.2 Conventional: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. North America Frozen Vegetables Market Analysis - by End User

9.1 Food Processing
- 9.1.1 Overview
- 9.1.2 Food Processing: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Food Retail
- 9.2.1 Overview
- 9.2.2 Food Retail: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Foodservice
- 9.3.1 Overview
- 9.3.2 Foodservice: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. North America Frozen Vegetables Market - Country Analysis

10.1 North America
- 10.1.1 North America Frozen Vegetables Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 North America Frozen Vegetables Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 United States: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 United States: North America Frozen Vegetables Market Share - by Type
    - 10.1.1.2.2 United States: North America Frozen Vegetables Market Share - by Category
    - 10.1.1.2.3 United States: North America Frozen Vegetables Market Share - by End User
  - 10.1.1.3 Canada: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Canada: North America Frozen Vegetables Market Share - by Type
    - 10.1.1.3.2 Canada: North America Frozen Vegetables Market Share - by Category
    - 10.1.1.3.3 Canada: North America Frozen Vegetables Market Share - by End User
  - 10.1.1.4 Mexico: North America Frozen Vegetables Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 Mexico: North America Frozen Vegetables Market Share - by Type
    - 10.1.1.4.2 Mexico: North America Frozen Vegetables Market Share - by Category
    - 10.1.1.4.3 Mexico: North America Frozen Vegetables Market Share - by End User

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Merger and Acquisition
12.3 Other Business Strategies

13. Company Profiles

13.1 General Mills Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Bonduelle SA
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 McCain Foods Ltd
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Grupo Virto
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 La Fe Foods
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Alasko Food Inc.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Dawtona Frozen
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Ardo Foods NV
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Seneca Foods Corp
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Goya Foods Inc
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 Mondial Foods BV
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments
13.12 Simplot Global Food
- 13.12.1 Key Facts
- 13.12.2 Business Description
- 13.12.3 Products and Services
- 13.12.4 Financial Overview
- 13.12.5 SWOT Analysis
- 13.12.6 Key Developments
13.13 Hanover Foods
- 13.13.1 Key Facts
- 13.13.2 Business Description
- 13.13.3 Products and Services
- 13.13.4 Financial Overview
- 13.13.5 SWOT Analysis
- 13.13.6 Key Developments
13.14 B&G Foods
- 13.14.1 Key Facts
- 13.14.2 Business Description
- 13.14.3 Products and Services
- 13.14.4 Financial Overview
- 13.14.5 SWOT Analysis
- 13.14.6 Key Developments
13.15 Mother Dairy Fruit & Vegetable Pvt. Ltd
- 13.15.1 Key Facts
- 13.15.2 Business Description
- 13.15.3 Products and Services
- 13.15.4 Financial Overview
- 13.15.5 SWOT Analysis
- 13.15.6 Key Developments

14. Appendix

14.1 About Us