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.
For more information on the displayed data, click the info button on the right side of each box.
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 the G7 region has shown negligible growth due to factors such as changing consumer preferences and increasing competition from fresh fruits. This slow growth rate can also be attributed to concerns about the nutritional value of processed and frozen fruits compared to fresh ones. Despite these challenges, the convenience and longer shelf life offered by these products continue to drive demand.
Customer preferences: In the Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market, consumers are showing a growing interest in plant-based options, driven by health and environmental concerns. This trend is particularly pronounced in G7 countries, where there is a growing awareness of the impact of animal agriculture on the planet. As a result, there has been an increase in demand for frozen fruits and vegetables as well as fruit-based snacks and desserts, providing a convenient and nutritious way for consumers to incorporate more plant-based options into their diet.
Trends in the market: In recent years, the Processed & Frozen Fruits Market has been experiencing a steady growth in demand due to the increasing popularity of healthy and convenient food options. In G7 countries, there is a growing trend towards the consumption of organic and natural processed fruits, as consumers become more health-conscious. This trend is expected to continue, with a rise in demand for clean label and plant-based products. Additionally, with the rise of e-commerce and online grocery shopping, there is a growing demand for frozen fruits as consumers seek out convenient and longer-lasting options. This trend is significant for industry stakeholders as it presents opportunities for product innovation and expansion into new markets. However, it also poses challenges in terms of supply chain management and maintaining product quality. Overall, the trajectory of these trends suggests a positive outlook for the Processed & Frozen Fruits Market in the Fruits & Nuts Market, with potential implications for the industry in terms of growth and profitability.
Local special circumstances: In the Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market, the factors that differentiate the G7 countries from other markets are mostly regulatory. For example, in the US, there are strict regulations on labeling and packaging of frozen fruits, leading to higher quality standards. In Japan, there is a high demand for organic and all-natural frozen fruits, resulting in a niche market for premium products. In contrast, countries like India and China have a larger demand for cheaper, mass-produced frozen fruits due to their growing populations and lower disposable incomes. These varying regulatory circumstances greatly impact the market dynamics in these countries.
Underlying macroeconomic factors: The Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market is also influenced by macroeconomic factors such as changing consumer preferences, trade policies, and global economic conditions. Countries with strong trade agreements and favorable import/export policies are experiencing faster market growth compared to regions with trade barriers and restrictions. Additionally, the increasing demand for convenient and healthy food options, coupled with rising disposable incomes in developing countries, is driving the demand for processed and frozen fruits. Moreover, the current trend of urbanization and busy lifestyles is also contributing to the growth of this market, as consumers seek convenient and time-saving food options.
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