Processed & Frozen Vegetables Market size is expected to reach USD 101.88 billion by 2028

 Processed & Frozen Vegetables Industry Overview

The global processed & frozen vegetables market size was valued at USD 77.97 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2028. The rapidly developing processed food industry and rising spending on food products, specially packaged vegetables, are expected to promote market growth in the coming years. Moreover, the continuous development of innovative products and attractive packaging increases the demand for processed vegetables in emerging economies.

 

Gather more insights about the market drivers, restrains and growth of the Global Processed & Frozen Vegetables Market

 

The rising health concerns and increasing awareness about the benefits of processed vegetables among consumers across the globe are the major driving factors in the market during the last few years. In addition to this, the growing middle-class population, coupled with increasing disposable income and urbanization across the globe, are anticipated to drive the growth of the global market. Furthermore, the rising trend of consuming convenience food in developed and developing countries is one of the major driving forces of the market.  

 

Moreover, several manufacturers are investing in the integration of automation and robotics with processing equipment, to improve the quality of the products and reduce the operating cost, which is expected to boost the market growth in the upcoming years. However, in the U.S., government agencies such as the U.S. Department of Agriculture (USDA) and the Food and Drug Administration (FDA) have introduced multiple federal regulations and guidelines for microbial food safety and agriculture management.  

 

The lockdown norms announced during the COVID-19 pandemic had disturbed transportation and suspended the supply of vegetable products for a short duration, while also having a significant impact on the export and import of processed & frozen vegetables across the globe. The increasing demand for packaged food after the COVID-19 pandemic will create various growth opportunities for the market players. Thus, the market is expected to witness healthy growth in the upcoming years.

 

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Key Companies Profile

Some of the key players operating in the global processed & frozen vegetable market include:

  • Seneca Foods
  • Conagra Brands Inc.
  • Dole Food Company
  • Del Monte Foods Inc.
  • Rhodes Food Group
  • Kangfa Foods
  • Greencore Group PLC
  • McCain Foods Ltd.
  • SVZ USA Inc

 

Order a free sample PDF of Processed & Frozen Vegetables Market Intelligence Study, published by Grand View Research. 

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