The latest report on the IQF Vegetable market provides an out an out analysis of the various factors that are projected to define the course of the IQF Vegetable market during the forecast period. The current trends that are expected to influence the future prospects of the IQF Vegetable market are analyzed in the report. Further, a quantitative and qualitative assessment of the various segments of the IQF Vegetable market is included in the report along with relevant tables, figures, and graphs. The report also encompasses valuable insights pertaining to the impact of the COVID-19 pandemic on the global IQF Vegetable market.
The report reveals that the IQF Vegetable market is expected to witness a CAGR growth of ~XX% over the forecast period (2019-2029) and reach a value of ~US$ XX towards the end of 2019. The regulatory framework, R&D activities, and technological advancements relevant to the IQF Vegetable market are enclosed in the report.
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The market is segregated into different segments to provide a granular analysis of the IQF Vegetable market. The market is segmented on the basis of application, end-user, region, and more.
The market share, size, and forecasted CAGR growth of each IQF Vegetable market segment and sub-segment are included in the report.
Increasing demand for convenience food coupled with an increasing vegan population is set to boost the demand for IQF peas in the North America and Western Europe regions. The IQF Potato segment accounted for a value share of more than 20% in the year 2016. However, despite a strong show at the beginning of the forecast period, this segment is expected to lose significant market share by the end of the forecast period due to increasing cases of presence of bacteria in IQF potatoes, which forced the FDA to come up with stringent regulations. The IQF Broccoli and Cauliflower segment is anticipated to register a CAGR of 5.1% in terms of value during the forecast period.
“The use of IQF vegetables in the fast food industry is an upcoming trend
Due to the inherent advantages of the IQF process, fast food restaurants have started using IQF vegetables instead of frozen or fresh vegetables and this maintains the nutrition and quality of the vegetables along with a longer shelf life. Thus, the use of IQF vegetables in the fast food industry is gaining huge traction. For example, fast food companies like Domino’s Pizza Inc. and Pizza Hut Inc. are using IQF vegetables for preparing pizza and other food items instead of using frozen vegetables. These two companies have launched various pilot projects in a number of countries such as U.S., Canada, U.K. and France and have completed the successful transition from frozen to IQF without compromising on taste and quality of their products.”
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Important Doubts Related to the IQF Vegetable Market Addressed in the Report:
- In the current scenario, who are the most prominent players in the IQF Vegetable market?
- What are the different factors that are likely to impede the growth of the IQF Vegetable market due to the COVID-19 pandemic?
- What are the organic and inorganic growth strategies adopted by market players?
- What is the future of the IQF Vegetable market in region 2?
- What are the winning strategies adopted by leading market players in North America and Europe?
Knowledgeable Insights Enclosed in the Report
- The growth potential of the emerging players in the IQF Vegetable market
- Pricing and marketing strategies of prominent market players
- Country-wise assessment of the various market segments and sub-segments
- Current trends impacting the growth of the IQF Vegetable market
- The domestic and international presence of companies within the IQF Vegetable market
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