Growth Of Frozen Food Market Projected To Amplify During 2027


The rising number of the working population with a busy lifestyle is creating demand for ready-to-eat food products such as frozen fruits is expected to foster the growth of frozen fruit market. Growth in economic and disposable income is expected to foster the growth of frozen fruits market. According to the World Bank, South Asia is anticipated to showcase robust economic growth in the coming years. The growth in the region is projected to incline from 7% in 2015 to 7.6% by 2017. The advent of modern retail formats, such as convenience stores, especially in Asian countries is increasing product visibility and easy accessibility to frozen fruits, to consumers which are estimated to augment the market growth of frozen fruits. According to our primary sources, China’s e-commerce retail sales are anticipated to reach up to US$ 1,500 Bn by 2018 as compared to US$ 670 Bn in 2015.

Europe is expected to hold the dominant position in the global frozen fruit market and this is attributed to the growing distribution agreement among key players for frozen fruit. For instance, in May 2019, Greenyard Frozen UK and supermarket chain Tesco have announced a new partnership, through which Greenyard will supply the multinational retail giant’s full range of frozen fruits, vegetables, and herbs

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