Global Frozen Fruits Market to Reach USD4.9bn

The Global Frozen Fruits Market size is expected to reach USD4.9bn by 2026, rising at a market growth of 8.6% CAGR during the forecast period, according to a new report published by KBV research.

Frozen tropical fruit accounted for the largest share in the overall market. Demand for frozen fruits like papaya, pineapple, mangoes, coconuts, bananas, passion fruit, strawberry, and guava is greatly impacted by production obstacles owing to unfavorable weather conditions. Frozen berries are projected to grow at an exponential growth rate over the forecast period. The segment includes frozen raspberries, strawberries, blackberries, blueberries, cherries, gooseberries, mulberries, cranberries, gooseberries, red currants, and others.

The offline recorded a dominant market share in the frozen fruit market, as the demand for frozen fruits can be satisfied through brick and mortar shops with deep freezers and chest freezers. Supermarkets, supercenters, warehouse clubs, and convenience stores are among them. On the other hand, the online distribution channel is projected to grow at the highest CAGR. The online sale of frozen fruit has contributed to the implementation of a dynamic supply chain management system, involving sanitation, cold chain management and cross-contamination control. Region-wise, North America dominated the industry, with the increased demand attributed to veganism. Fruit-based foods and beverages have also played a key role in the use of frozen fruit in the r...

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