Definition:
The Processed and Frozen Fruits market covers all products made from edible fruits that have been canned, frozen, dehydrated, fermented, or pickled.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Processed & Frozen Fruits Market in BRICS countries is experiencing subdued growth, influenced by various factors such as changing dietary habits, increasing competition, and fluctuating prices of raw materials. Despite this, the market is expected to witness steady growth due to the rising demand for convenient and healthy food options.
Customer preferences: The Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market is witnessing a growing demand for organic and sustainably sourced products. This shift is driven by increasing awareness and concern for the environment, as well as health-conscious consumers seeking healthier and more natural food options. Additionally, there is a rising trend towards plant-based diets, especially among younger generations, which is also contributing to the demand for processed and frozen fruits made from organic and sustainably grown produce.
Trends in the market: In the BRICS countries, the Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market is experiencing a surge in demand for organic and non-GMO products. Consumers are becoming more health-conscious and are willing to pay a premium for clean and healthy food options. This trend is expected to continue as consumers prioritize nutrition and wellness, and as governments implement stricter regulations on food safety and labeling. Industry players must adapt to these changing preferences and invest in sustainable and ethically sourced ingredients to remain competitive in the market.
Local special circumstances: In Brazil, the Processed & Frozen Fruits Market is influenced by the country's vast agricultural resources and its strong presence in international trade. The government has implemented policies to promote and support the sector, including tax incentives and investment in infrastructure. Additionally, the country's diverse climate and terrain allow for a wide variety of fruits to be grown, leading to a diverse range of processed and frozen fruit products. Cultural preferences for fresh and natural foods also drive demand for these products in Brazil, making it a major player in the global market.
Underlying macroeconomic factors: The Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market is greatly impacted by macroeconomic factors such as global trade policies, consumer spending patterns, and economic stability. Countries with strong economic growth and stable fiscal policies are experiencing growth in the market due to increased consumer purchasing power and demand for convenience foods. However, regions with economic challenges and high inflation rates may see slower market growth due to reduced consumer spending. Additionally, the increasing focus on healthy and sustainable food options is also shaping the market, with consumers seeking out processed and frozen fruits as a convenient, yet nutritious, option.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights