Frozen Fruit Market Overview 2024~2028
The global frozen fruit market is expected to grow at a CAGR of around 6% from 2024 to 2028. Some key trends and insights:
Market Size and Growth:
The frozen fruit market was valued at around $25 billion in 2024 and is projected to reach over $32 billion by 2028.
Growth is driven by increasing consumer demand for convenient, healthy, and nutritious food options, as well as the expanding use of frozen fruits in the food processing industry.
Popular Frozen Fruit Segments:
Berries (such as blueberries, raspberries, and strawberries) are the largest and fastest-growing segment, accounting for over 40% of the market.
Other popular frozen fruits include tropical fruits (e.g. mangoes, pineapples, and papayas), citrus fruits, and stone fruits (e.g. peaches, plums, cherries).
Regional Trends:
North America and Europe are the largest regional markets, together accounting for over 60% of global sales.
Asia-Pacific is the fastest-growing region, driven by rising disposable incomes and increasing health consciousness among consumers.
Key Market Drivers:
Growing health awareness and demand for nutritious, minimally processed foods.
Convenience and year-round availability of frozen fruits.
Expansion of the food processing industry, utilizing frozen fruits as ingredients.
Increasing adoption of freezing technologies to preserve freshness and nutrients.
Competitive Landscape:
The frozen fruit market is fragmented, with both large multinational players and numerous regional/local producers.
Some of the leading global players include Dole Food Company, Ardo, Bonduelle, and SunOpta.
Let me know if you need any additional details on the frozen fruit market outlook for the 2024-2028 period.