High popularity of Convenient and Ready-to-Eat Products Pushing Consumption of Individual Quick Freeze Fruits: Fact.MR Analysis
High popularity of Convenient and Ready-to-Eat Products Pushing Consumption of Individual Quick Freeze Fruits: Fact.MR Analysis
Fact.MR, a market research and competitive intelligence provider, reveals in its recently updated research report that the global individual quick freeze fruit market is estimated at a value of US$ 10.4 billion in 2024 and is forecasted to increase to US$ 18.44 billion by the end of 2034.
Individual quick freeze (IQF) technology is widely used in the food processing industry to freeze and preserve a fruit’s taste, texture, and nutritional content. This technology ensures each piece remains separate and maintains its quality. IQF fruits are extensively used in the making of desserts, jams, and sauces. Most busy individuals across the world prefer consuming ready-to-eat food products to save time. IQF fruits are particularly favored for the production of ready-to-eat food products due to their ability to offer similar taste, flavor, and nutrition. IQF fruits can also be easily integrated into breakfast meals, desserts, salads, and smoothies.
Unlike fresh seasonal fruits, IQF fruits are available year-round. Their long shelf life and high-quality flavor are driving IQF fruits’ consistent application in the food industry. Manufacturers are leveraging the growing demands of busy individuals and launching a wider range of fruits and blends.
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Key Takeaways from the Market Study:
“Advancements in freezing and processing technologies set to enhance the quality of IQF fruits and drive market expansion over the coming years,” says a Fact.MR analyst.
Winning Strategy:
Leading companies dealing in individual quick freeze fruits are focused on the development of new offerings and blends tailored for specific applications. This is expected to open lucrative earning opportunities for industry giants. To streamline the major challenge related to the supply chain, prominent companies are collaborating with growers and distributors to improve their market penetration. Industry giants are also exploring untapped markets in developing regions such as Latin America, MEA, and Asia Pacific to increase their revenue sources.
In November 2022, Roha Group in India acquired Saraf Foods, a freeze-drying food processing company.
Individual Quick Freeze Fruit Industry News:
Key players in the individual quick-freeze (IQF) fruit industry are leveraging a mix of organic and inorganic strategies to expand their consumer reach and strengthen their market presence. Industry leaders are driving growth through product innovations, strategic partnerships, collaborations with food researchers, and mergers & acquisitions.
For instance, U.S.-based Pitaya Foods broadened its portfolio beyond frozen fruits by introducing ready-to-eat smoothie bowls in September 2023. Similarly, in October 2023, India’s Nature’s Touch enhanced its market position by acquiring Sunrise Growers’ frozen fruit operations.
Leading Players Driving Innovation in the Individual Quick Freeze Fruit Market:
Key industry participants like Gelagri Bretagne; SunOpta; Fruktana; Capricorn Food Products; Ardo; Breukers Schamp Foods; Nimeks Organics; Alasko Foods; AXUS International; Rasanco etc. are driving the individual quick freeze fruit industry.
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More Valuable Insightson Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global individual quick freeze market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights on the market based on fruit type (red fruits & berries, tropical fruits, citrus fruits, others), end use (food industry, households, HoReCa, others), and sales channel (direct sales, indirect sales), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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Individual quick freeze (IQF) is a technology used in the food processing industry to freeze fruits quickly, preserving their taste, texture, and nutritional content while keeping each piece separate.
Market share is the portion of a market controlled by a particular company or product. It is usually expressed as a percentage of total sales in the market.
Ready-to-eat products are food items that can be consumed without any preparation or cooking. They are convenient for busy individuals looking for quick meal options.
The food processing industry involves the transformation of raw ingredients into food products. This includes techniques like freezing, canning, and packaging.
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