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The global frozen fruits and vegetables market was valued at US$ 25.4 Billion in 2021.
We expect the global frozen fruits and vegetables market to exhibit a CAGR of 2.74% during 2022-2027.
The sedentary consumer lifestyles and their hectic work schedules are augmenting the demand for frozen fruits and vegetables, thereby representing one of the key drivers for the global frozen fruits and vegetables market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of frozen fruits and vegetables.
Based on the product type, the global frozen fruits and vegetables market can be segmented into frozen fruits and frozen vegetables, where frozen vegetables exhibit a clear dominance in the market.
Based on the distribution channel, the global frozen fruits and vegetables market has been divided into Business-to-Consumer (B2C) and Business-to-Business (B2B). Currently, Business-to-Consumer (B2C) accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global frozen fruits and vegetables market include Dole Food Company, Inc, Ardo NV, HJ Heinz, Simplot Australia Pty. Ltd, General Mills, etc.
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