IQF Vegetable Market
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong>: Global Industry Analysis and<br />
Opportunity Assessment, 2016-2026<br />
May 2017<br />
Report Id : REP-GB-3378<br />
Status : Apr - 17<br />
Category : Food and Beverages<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
About<br />
Future <strong>Market</strong> Insights<br />
Future <strong>Market</strong> Insights (FMI) is a premier provider of syndicated research reports, custom<br />
research reports, and consulting services. We deliver a complete packaged solution, which<br />
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth<br />
insights, aerial view of the competitive framework, and future market trends.<br />
We provide research services at a global as well as regional level; key regions include GCC,<br />
ASEAN, and BRIC.<br />
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,<br />
Technology, Healthcare, and Retail.<br />
We have a global presence with delivery centers across India specializing in providing global<br />
research reports and country research reports. FMI is headquartered out of London, U.K., with a<br />
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning<br />
from every corner of the world to distill it to one thing – the perfect solution for our client.<br />
Research Capabilities<br />
Sector Coverage<br />
<br />
<br />
<br />
<br />
Customized Research<br />
Syndicated Research<br />
Investment Research<br />
Social Media Research<br />
<br />
<br />
<br />
<br />
Automotive and Transportation<br />
Electronics, Semiconductor, and ICT<br />
Retail and Consumer Products<br />
Industrial Automation and Equipment<br />
<br />
<br />
<br />
<br />
Chemicals & Materials<br />
Food and Beverages<br />
Services and Utilities<br />
Energy, Mining, Oil, and Gas<br />
Customized<br />
Research<br />
Syndicated<br />
Research<br />
Investment<br />
Research<br />
Social Media<br />
Research<br />
Subscription Information<br />
For detailed subscription information please contact<br />
Hari. T (Sr. Manager - Global Business Development)<br />
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268<br />
Email: hari.t@futuremarketinsights.com<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
2
Research Methodology (1/2)<br />
Systematic Research Approach<br />
<strong>Market</strong> profiling<br />
Formulating discussion guide<br />
Developing list of respondents<br />
Data collection<br />
Data validation<br />
4<br />
5<br />
3<br />
1<br />
2<br />
In-depth secondary research is used to<br />
ascertain overall market size, top<br />
industry players, top products, industry<br />
associations, etc.<br />
PMR formulates a detailed discussion<br />
guide to conduct expert and industry<br />
interviews<br />
PMR develops a list of industry players<br />
(manufacturers), distributors, retailers<br />
and industry experts<br />
PMR conducts interviews with industry<br />
experts, industry players, distributors<br />
and retailers<br />
Data is validated by triangulation<br />
method, wherein secondary, primary<br />
and PMR analysis contribute to the final<br />
data<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Data<br />
Collection<br />
Data Filter<br />
& Analysis<br />
Identifying key opinion leaders<br />
Questionnaire design<br />
In-depth interviews<br />
Coverage across value chain<br />
<strong>Market</strong> participants<br />
Key strengths<br />
Product portfolio<br />
Mapping as per value chain<br />
Key focus segments<br />
A<br />
Primary<br />
Research<br />
C<br />
Company<br />
Analysis<br />
Research &<br />
Intelligence<br />
SOLUTION<br />
Actionable<br />
Insights<br />
B<br />
Desk<br />
Research<br />
<br />
<br />
<br />
<br />
<br />
<br />
Business<br />
Solution<br />
Key industry experts<br />
Channel study<br />
Developments<br />
<strong>Market</strong> dynamics<br />
Products<br />
Conclusions<br />
Data analysis<br />
6<br />
Data is scrutinized using MS-Excel to<br />
obtain qualitative and quantitative<br />
insights about the industry<br />
Primary Research #<br />
Secondary Research #<br />
Paid Publications#<br />
Insights<br />
7<br />
PMR delivers industry insights and<br />
information in the required format<br />
(PDF)<br />
<br />
<br />
<br />
<br />
Linkedin<br />
Zoominfo<br />
Salesforce<br />
Avention<br />
<br />
<br />
<br />
<br />
Company websites<br />
Company annual<br />
reports<br />
White papers<br />
Financial reports<br />
<br />
<br />
<br />
<br />
Factiva<br />
GBI<br />
Genios<br />
Meltwater<br />
# includes sources of databases<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
3
<strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong><br />
The commercial advantage of keeping individually quick frozen (<strong>IQF</strong>) vegetables in stock continues to drive<br />
their demand among retailers, grocery stores and independent vegetable & fruit vendors from around the<br />
world. The global demand for <strong>IQF</strong> vegetable is expected to rise on the account for their longer shelf lives,<br />
speedy processing of foods, and robust supply chain. Future <strong>Market</strong> Insights projects that such factors will<br />
instrument a steady growth in global consumption of <strong>IQF</strong> vegetables. By the end of 2026, more than 25<br />
thousand tonnes of <strong>IQF</strong> vegetables will be sold across the globe, bringing in revenues worth over US$ 2,000<br />
Mn.<br />
Future <strong>Market</strong> Insights’ report, titled “<strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong>: Global Industry Analysis and Opportunity<br />
Assessment, 2016-2026,” estimates that the global market for <strong>IQF</strong> vegetables is presently valued over US$<br />
1,288.3 Mn, recording global sales of a little over 16,900 tonnes of <strong>IQF</strong> vegetable in the world. However, in<br />
terms of volume and value, the global <strong>IQF</strong> vegetable market is expected to showcase a moderate growth<br />
over the forecast period. Registering a value CAGR of 4.5% and a volume CAGR of just over 4%, the global<br />
demand for <strong>IQF</strong> vegetable is expected to be inhibited by<br />
increasing risk of consuming Listeria monocytogene bacteria through <strong>IQF</strong> vegetable,<br />
strict regulations that forbid the use of <strong>IQF</strong> vegetable due to rising occurrence of bacteria and viruses, and<br />
fluctuating prices & availability of raw materials<br />
Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3378<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 4
<strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong><br />
The report also reveals that out of prominently-consumed <strong>IQF</strong> vegetables in the world, <strong>IQF</strong> potatoes,<br />
tomatoes and broccoli & cauliflower will remain in great demand. Although, peas are expected to be<br />
observed as top-selling vegetable in the global market, registering fastest revenue growth at 5.8% CAGR.<br />
Over 70% of global <strong>IQF</strong> vegetable revenues are anticipated to be accounted by food applications. During the<br />
forecast period, the demand for <strong>IQF</strong> vegetable in food production is expected to gain traction. Towards the<br />
end of 2026, close to 60% of global <strong>IQF</strong> vegetable revenues accounted by food applications will be<br />
accounted by cooking food applications. Among the beverage applications of <strong>IQF</strong> vegetables, juices are<br />
expected to dominate global revenues by the end of 2026.<br />
Global <strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong>: Regional Insights<br />
Large population coupled with preference towards frozen food and high disposable income contributed to a<br />
large share of U.S. in <strong>IQF</strong> vegetable market. Around 71% of vegetables sold in U.S. are in frozen form due to<br />
knowledge of frozen food and high income of individuals in the country. Many developing countries such as<br />
India and Russia are following the footsteps of U.S. and people living in these countries started preferring<br />
frozen vegetables. Since a large portion of population in India and Russia can afford locally-produced <strong>IQF</strong><br />
<strong>Vegetable</strong>, the market will foresee a rise in demand.<br />
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-3378<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 5
<strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong><br />
Key findings in the report currently indicate Western Europe as the largest market for <strong>IQF</strong> vegetable in the<br />
world. However, the region will witness a marginal decline in its market share towards the end of 2026.<br />
North America’s <strong>IQF</strong> vegetable market is also expected to show a sluggish revenue growth at 2.2% CAGR.<br />
Latin America and the Asia-Pacific excluding Japan (APEJ) region, on the other hand, are projected to remain<br />
fast-growing <strong>IQF</strong> vegetable markets, depicting an impressive value CAGR of over 7%. The most lucrative<br />
region for growth of <strong>IQF</strong> vegetable will be Middle East & Africa (MEA), revenues from which are slated to<br />
soar at 8.7% CAGR.<br />
Global <strong>IQF</strong> <strong>Vegetable</strong> <strong>Market</strong>: Vendor Insights<br />
Capricorn Food Products India Ltd. is trying to increase the production of <strong>IQF</strong> vegetables from their<br />
existing facilities located in India<br />
ConAgra Foods Inc. is continuously buying small scale <strong>IQF</strong> vegetable manufacturers of China to increase<br />
the supply and reduce the prices<br />
In 2015, Dole Food Co. and Pinnacle Foods Inc. imposed a collective company share of nearly 25% on<br />
global <strong>IQF</strong> vegetable market<br />
Other key players of global <strong>IQF</strong> vegetable market include B&G Foods Holdings Corp., Greenyard NV, J.R.<br />
Simplot Co., Kerry Group Plc., SunOpta Inc., and Uren Food Group Limited.<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 6
Table of Content<br />
1. Global <strong>IQF</strong> vegetable <strong>Market</strong> Executive Summary<br />
2. Global <strong>IQF</strong> vegetable <strong>Market</strong> Overview<br />
2.1. Introduction<br />
2.1.1. Global <strong>IQF</strong> vegetable <strong>Market</strong> Definition<br />
2.1.2. Global <strong>IQF</strong> vegetable <strong>Market</strong> Taxonomy<br />
2.2 Parent <strong>Market</strong> Overview<br />
2.3. <strong>Market</strong> Dynamics<br />
2.3.1. Drivers<br />
2.3.1.1. Economic Side Drivers<br />
2.3.1.2. Demand Side Drivers<br />
2.3.1.3. Supply Side Drivers<br />
2.3.2. Restraints<br />
2.3.3. Trends<br />
2.3.4. Opportunities<br />
2.4. PESTEL Analysis<br />
2.5. Porter's Five Force Model<br />
2.6. Policies and Regulatory Landscape<br />
2.6.1. U.S.<br />
2.6.2. Japan<br />
2.6.3. Germany<br />
2.6.4. France<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
7
Table of Content<br />
Scenario)<br />
2.6.5. United Kingdom<br />
2.6.6. Belgium<br />
2.6.7. Italy<br />
2.6.8. South Korea<br />
2.6.9. Netherlands<br />
2.6.10. Spain<br />
2.6.11. Canada<br />
2.6.12. Australia<br />
2.6.13. China<br />
2.6.14. Russia<br />
2.6.15. GCC region<br />
2.6.16. Others (Italy, Austria etc.)<br />
2.7. Survey<br />
2.8. Global <strong>IQF</strong> Fruit and <strong>Vegetable</strong> <strong>Market</strong> Forecast 2015-2026<br />
2.8.1. Pricing Analysis<br />
2.8.1.1. Pricing Analysis by Region<br />
2.8.1.2. Pricing Analysis by Product Type<br />
2.8.1.3. Key Takeaways<br />
2.8.2. <strong>Market</strong> Size & Forecast<br />
2.8.2.1. <strong>Market</strong> Scenario Forecast (Likely, Optimistic and Conservative<br />
2.8.2.2. Absolute $ Opportunity<br />
2.8.3. Value ©2015 Chain Future <strong>Market</strong> Analysis Insights, All Rights Reserved<br />
8
Table of Content<br />
3. Global <strong>IQF</strong> vegetable <strong>Market</strong>, by <strong>Vegetable</strong> type<br />
3.1. Summary<br />
3.2. Snapshot<br />
3.3. Analysis & Forecast, by <strong>Vegetable</strong> type<br />
3.4. <strong>Market</strong> Share and Y-o-Y Growth Analysis, by <strong>Vegetable</strong> type<br />
3.5. <strong>Market</strong> Value Forecast by <strong>Vegetable</strong> type, 2016–2026<br />
3.5.1. Beans<br />
3.5.2. Peas<br />
3.5.3. Corn and Baby Corn<br />
3.5.4. Broccoli and Cauliflower<br />
3.5.5. Potato<br />
3.5.6. Onion<br />
3.5.7. Tomato<br />
3.5.8. Carrot<br />
3.6. <strong>Market</strong> Attractiveness by <strong>Vegetable</strong> type<br />
4. Global <strong>IQF</strong> vegetable <strong>Market</strong>, by Application<br />
4.1. Summary<br />
4.2. Snapshot<br />
4.3. Analysis & Forecast, by Application<br />
4.4. <strong>Market</strong> Share and Y-o-Y Growth Analysis, by Product type<br />
4.5. <strong>Market</strong> Value Forecast by Application, 2016–2026<br />
4.5.1. Food<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
9
Table of Content<br />
4.5.1.1. Bakery, Confectionary and Snack food<br />
4.5.1.2. Dairy and Dessert<br />
4.5.1.3. Cooked food<br />
4.5.1.4. Ready to eat food<br />
4.5.2. Beverage<br />
4.5.2.1. Juice<br />
4.5.2.2. Other Non-alcoholic beverages (Sherbet, etc.)<br />
4.5.3. Concentrate<br />
4.6. <strong>Market</strong> Attractiveness by Application<br />
5. Global <strong>IQF</strong> vegetable Analysis and Forecasts, by Region<br />
5.1. Summary<br />
5.2. Snapshot<br />
5.3. Analysis & Forecast, by Region<br />
5.4. <strong>Market</strong> Share and Y-o-Y Growth Analysis, by Product type<br />
5.5. <strong>Market</strong> Attractiveness by Region<br />
Click here to<br />
Order a free sample<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
10
To know more about us, please visit our website:<br />
www.futuremarketinsights.com<br />
For sales queries or new topics email us on:<br />
sales@futuremarketinsights.com<br />
For media queries, contact the press office at<br />
press@futuremarketinsights.com<br />
For other queries contact:<br />
Hari. T (Sr. Manager - Global Business Development)<br />
Future <strong>Market</strong> Insights: 3rd Floor,<br />
207 Regent Street, London W1B 3HH<br />
T: +44 20 7692 8790 | D: +44 20 3287 4268<br />
Email: hari.t@futuremarketinsights.com<br />
Thank You<br />
Future <strong>Market</strong> Insights Global & Consulting Private Limited (FMI)<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
11
Change language