GITNUX MARKETDATA REPORT 2024

Frozen Fruits Industry Statistics

The frozen fruits industry is projected to experience steady growth in the coming years due to increasing consumer demand for convenient and healthy food options.

With sources from: statista.com, futuremarketinsights.com, prnewswire.com, globenewswire.com and many more

Statistic 1

The Frozen Fruits market size was valued at $5.59 billion in 2020.

Statistic 2

The Frozen Fruits market is expected to reach $6.56 billion by 2028.

Statistic 3

The market growth between 2021 to 2028 is projected at 3.7% CAGR.

Statistic 4

The demand for frozen fruits in Asia-Pacific excluding Japan (APEJ) is expected to surmount all other regions by the end of 2022.

Statistic 5

The demand for frozen tropical fruits is anticipated to remain high throughout the forecast period, registering a CAGR of 6.5%.

Statistic 6

The retail sector accounts for over two-thirds of global frozen fruit sales.

Statistic 7

Over 48% of frozen fruits are consumed in confectioneries and bakeries across the globe.

Statistic 8

In 2019, the frozen fruits market size in Germany was around $410 million.

Statistic 9

Europe dominates the frozen fruit industry with 40% of global market share.

Statistic 10

By 2026, Europe's frozen fruit market is projected to reach a $2 billion market value.

Statistic 11

Berries accounted for 30.4% of the overall product demand in 2016.

Statistic 12

In 2020, the U.S. frozen fruit market was valued at approximately $608.19 million.

Statistic 13

The top players in the global frozen fruits market are Ardo, Dole, Crop's Fruits NV, MIRELITE MIRSA and Simplot Australia PTY Ltd.

Statistic 14

By 2025, the global frozen fruit market is projected to grow to $7.49 billion.

Statistic 15

The global frozen fruit market is anticipated to grow at a CAGR of 5.34% during 2021-2026.

Statistic 16

Online retail is one of the fastest-growing distribution channels in the frozen fruit industry, with a CAGR of 7.5%.

Statistic 17

North America accounted for over 35% of total market revenue in 2016.

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In this post, we will explore key statistics and trends in the frozen fruits industry, offering valuable insights into market dynamics, regional demand patterns, and growth projections. From market size figures to top players and distribution channels, these statistics paint a comprehensive picture of the evolving landscape in this lucrative sector.

Statistic 1

"The Frozen Fruits market size was valued at $5.59 billion in 2020."

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Statistic 2

"The Frozen Fruits market is expected to reach $6.56 billion by 2028."

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Statistic 3

"The market growth between 2021 to 2028 is projected at 3.7% CAGR."

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Statistic 4

"The demand for frozen fruits in Asia-Pacific excluding Japan (APEJ) is expected to surmount all other regions by the end of 2022."

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Statistic 5

"The demand for frozen tropical fruits is anticipated to remain high throughout the forecast period, registering a CAGR of 6.5%."

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Statistic 6

"The retail sector accounts for over two-thirds of global frozen fruit sales."

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Statistic 7

"Over 48% of frozen fruits are consumed in confectioneries and bakeries across the globe."

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Statistic 8

"In 2019, the frozen fruits market size in Germany was around $410 million."

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Statistic 9

"Europe dominates the frozen fruit industry with 40% of global market share."

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Statistic 10

"By 2026, Europe's frozen fruit market is projected to reach a $2 billion market value."

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Statistic 11

"Berries accounted for 30.4% of the overall product demand in 2016."

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Statistic 12

"In 2020, the U.S. frozen fruit market was valued at approximately $608.19 million."

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Statistic 13

"The top players in the global frozen fruits market are Ardo, Dole, Crop's Fruits NV, MIRELITE MIRSA and Simplot Australia PTY Ltd."

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Statistic 14

"By 2025, the global frozen fruit market is projected to grow to $7.49 billion."

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Statistic 15

"The global frozen fruit market is anticipated to grow at a CAGR of 5.34% during 2021-2026."

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Statistic 16

"Online retail is one of the fastest-growing distribution channels in the frozen fruit industry, with a CAGR of 7.5%."

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Statistic 17

"North America accounted for over 35% of total market revenue in 2016."

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Interpretation

The frozen fruits industry is experiencing steady growth, with the market size expected to reach $6.56 billion by 2028. Growth is being mainly driven by the increasing demand for frozen tropical fruits and the rise of online retail as a distribution channel. Regions like Asia-Pacific and Europe are significant players in the market, with Europe dominating with a 40% global market share. The top players in the industry include Ardo, Dole, Crop's Fruits NV, MIRELITE MIRSA, and Simplot Australia PTY Ltd. With a projected CAGR of 5.34% during 2021-2026, the industry is set to expand further, reaching a market value of $7.49 billion by 2025.

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