IQF Fruits market is expected to reach USD 10.70 billion by 2030

The IQF Fruits market size reached USD 7.16 billion in 2023 and is expected to reach USD 10.70 billion by 2030, growing at a CAGR of 5.9 % during the forecast period.

What is IQF Fruits market scope?

The IQF fruits market encompasses a wide range of frozen fruits, where each piece is frozen individually to retain freshness, quality, and nutritional value. This technology is primarily used for fruits that have seasonal availability, allowing them to be consumed year-round. The IQF process is advantageous for both consumers and industries, as it provides extended shelf life without compromising on nutritional benefits. The market scope includes various segments such as retail consumers, food processing industries, dairy industries, and pet food manufacturers, who benefit from the convenience and long-term storage solutions that IQF fruits offer.

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This market is particularly relevant in regions with a high demand for frozen foods, including North America and Europe, and is expected to see growth in emerging economies as urbanization and the need for convenience increase. The market scope also includes various fruit varieties such as berries, mangoes, pineapples, and apples, which are processed and frozen using IQF technology to meet consumer and industrial demands.

IQF Fruits market Trends:

One of the key trends driving the IQF fruits market is the growing preference for healthy, natural, and minimally processed foods. As consumers become more health-conscious, particularly younger demographics, they are seeking alternatives to canned and dehydrated fruits, which often lose nutrients during processing. IQF fruits offer a better option by preserving both taste and nutritional value, fueling their popularity among consumers aiming for a healthier lifestyle. Another major trend is the increasing demand for exotic and non-seasonal fruits, as IQF technology enables year-round availability of fruits that are otherwise seasonal, fulfilling consumer preferences for variety and convenience.

What are IQF Fruits market Dynamics?

The IQF fruits market is primarily driven by increasing health consciousness and the growing demand for frozen fruits that retain their nutritional value. Consumers are becoming more aware of the benefits of consuming fresh, nutritious food, and IQF fruits are seen as a healthier alternative to traditionally processed fruits. Additionally, the ability of IQF technology to provide a longer shelf life without preservatives makes it an attractive option for both consumers and industries. The rapid urbanization and growth in the food processing sector also play a crucial role in driving demand for IQF fruits, as they are widely used as ingredients in various food and beverage products.

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How is the North America IQF Fruits market Expected to grow?

The IQF Fruits market held the largest revenue share in North America in 2023. Some of the main reasons driving the North American IQF Fruits Market are the fast-paced modern lifestyles that have pushed consumers to hunt for convenient and hygienic fruit products that lessen the customary difficulties of washing and slicing fresh fruits. Additional contributing reasons include the growing trend toward more nutrient-dense meals, advances in packaging technology, and extended shelf life. Throughout the projection period, the demand for IQF fruits will also be fueled by the growing desire of food manufacturers to preserve food goods longer so they can be employed as a component in their final product.

What is the expected growth of IQF Fruits market by Fruit segmentation?

According to fruit, the berries sector held the largest share of the market in 2023 and is anticipated to continue growing in the coming years. Low in sugar and high in flavonoid and phenolic components, IQF berries support healthy brain function and inhibit the growth of cancer cells. A third of the recommended daily intake of vitamin C can be obtained from a cup of IQF berries. The finest uses for IQF berries are in desserts, ice creams, yogurts, jellies, and any dish that calls for berry bits.

What is IQF Fruits market Segmentation?

by Fruit

1.Berries
2.Peach
3.Prune
4.Bananas
5.Pineapple
6.Mangoes
7.Oranges
8.Others

by Application

1.Retail Outlets
2.Online Stores

by Sales channel

1.Direct Sales (Manufacturers)
2.Indirect Sales
3.Hypermarkets/supermarkets
4.Convenience stores
5.Specialty retail stores
6.Traditional grocery stores
7.Online retailers.

by End-use

1.Food Industry
2.Bakery and confectionary
3.Dairy
4.Fruit-based beverages
5.Breakfast cereals
6.Retail (Households)
7.HoReCa (Food Service Providers)

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What are the key Players for IQF Fruits market?

1.Ardo N.V.
2.The Agrana Group
3.Alasko Foods Inc.
4. AXUS International, LLC.
5. Danone SA
6. Himgiri Group
7. RDM International, Inc.
8. SunLeaf Renewable Solutions LLP
9. SunOpta Inc.
10.Capricorn Food Products India Ltd.
11.Uren Food Group Ltd.
12.Bs Foods B.V.
13.Rosemary & Thyme Ltd.
14. Fruktana Ltd
15.TAMARA Foods
16. Fauji Fresh n Freeze Limited
17.Milne Fruit Products Inc.
18. Frutex Australia Pvt Ltd.
19. Shimla Hills Offerings Pvt. Ltd.
20.Alasko Foods Inc.

Key Offerings:

  • Past Market Size and Competitive Landscape
  • IQF Fruits market Size, Share, Size & Forecast by different segment
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • IQF Fruits market Segmentation – A detailed analysis by Product
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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