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FROZEN FRUIT MARKET ANALYSIS

Frozen Fruit Market, By Type (Citrus, Tropical, Berries, and Others), By Application (Online and Offline), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Oct 2024
  • Code : CMI3506
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Frozen Fruit Market Size and Trends

The frozen fruit market is estimated to be valued at USD 4.93 Bn in 2024 and is expected to reach USD 7.67 Bn by 2031, exhibiting compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. The market growth is attributed to factors such as the availability of different fruit varieties, longer shelf life as compared to fresh fruits, and hectic lifestyle of consumers that demand convenient food options.

Frozen Fruit Market Key Factors

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The frozen fruit market is expected to witness significant growth driven by rising demand for exotic and seasonal fruits throughout the year. Moreover, health benefits associated with fruits such as presence of nutrients and antioxidant properties is influencing more people to include frozen fruits in their daily diets.

Frozen Fruit Market By Type

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Insights, By Type, Citrus: The Premier Player in Frozen Fruits

In terms of type, citrus segment is estimated to contribute the highest market share of 35.6% of the frozen fruit market in 2024, due to their high demand and versatile uses. Oranges, lemons, limes and grapefruits are some of the popular citrus fruits frozen for consumption. Citrus fruits have a bright, tangy flavor that lifts the taste of both sweet and savory dishes. They are a rich source of vitamin C and contribute a refreshing flavor to smoothies, juices, desserts and more.

Insights, By Distribution Channel, online: Growing Foothold of E-commerce

In terms distribution channel, online segment is estimated to contribute the highest market share of 56.6% of the frozen fruit market in 2024. Customers now expect a digital shopping experience on par with what they find in physical stores. This has propelled retailers and Consumer packaged goods (CPG) brands to establish robust online presences for frozen fruit products. Improvements in cold chain logistics by e-commerce giants ensure safe, reliable delivery of perishables directly to customers' doorsteps.

Regional Insights

Frozen Fruit Market Regional Insights

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Regional Analysis: Frozen Fruit Market

Dominating Region: North America

North America is expected to account for the greatest revenue share, with 37.8% in 2024. North America’s dominance in the frozen fruit market can be attributed to robust fruits production and strong market channels across countries like the U.S. Government initiatives to promote consumption of frozen produce have also contributed to market growth. Major players in the region such as Dole Food Company, Simplot and General Mills have reinforced their market presence through innovative product offerings and strategic acquisitions over the years.

Fastest-Growing Region: Asia Pacific

The Asia Pacific exhibits the fastest growth driven by rising health consciousness and increasing per capita income in populous nations like India and China. Changing lifestyles and rising preference for convenience foods have boosted demand for frozen fruits. Large fruit production bases and improving cold chain infrastructure are helping drive market penetration. Key regional players including Del Monte and Huber's Fruit Plus have intensified their focus on the Asia Pacific market.

Frozen Fruit Market Outlook for Key Countries

U.S.: The U.S. market is characterized by high fruit sourcing capabilities and strong distribution networks of leading brands dominating retail shelves. Companies including Dole Food Company continue to leverage their scale to deliver innovative new products.

China China's market growth is supported by government measures to modernize agriculture and food processing sectors. Regional players such as Yantai North Andre Juice are expanding operations to meet rising urban demand for frozen fruits.

India: India market continues to lead South Asia with its vast production base and emerging middle class. Companies like Del Monte focus on private label offerings and partnership with e-tailers to boost outreach.

Brazil: Although Brazil faces export challenges, companies like Simplot are expanding in Latin America through tailored product ranges designed for the regional palate. Brazil's market retains opportunities in processed fruits and mixed blends.

Market Concentration and Competitive Landscape

Frozen Fruit Market Concentration By Players

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Top Strategies Followed by Frozen Fruit Market Players

  • Established players heavily invest in research and development to drive product innovation. Companies like Dole Food and Berry Gardens pour resources into developing new frozen fruit varieties, customized blends, and high-performance packaging solutions. They leverage extensive R&D to deliver diverse, value-added products catering to evolving consumer tastes.
  • Leading players also pursue strategic partnerships for market dominance. Dole partners with foodservice giants to expand distribution into commercial channels like restaurants and cafeterias
  • International companies expand global footprints through multi-national acquisitions. Fairtrade grows its presence in Europe by acquiring compatriot frozen fruit suppliers.
  • Mid-tier players differentiate through affordable products. Companies like Andros and Pictsweet utilize economical production techniques and competitive pricing to grab the value-conscious consumer segment. They launch reasonably-priced frozen fruit snacks and blends targeting budget-minded households.

Emerging Startups in the Frozen Fruit Market

Several startups contribute innovative technologies. Companies like Ripple Foods and Future Farm are developing smart ripening units powered by IoT sensors and AI algorithms. These high-tech solutions promise precise ripening control for extended freshness and minimized food waste throughout the cold chain. Their advances could help optimize the industry's supply processes.

Sustainability-driven startups also impact the market. Apeel Sciences utilizes plant-based coatings to lengthen produce shelf life without artificial preservatives. This natural technology aids in reducing greenhouse gas emissions from food loss. Other firms work on growing fruits locally using hydroponics or vertical farming methods with less land and water usage. Their eco-friendly solutions lower the industry's environmental impact over time.

Frozen Fruit Industry News

  • In June 2022, Delektia, a frozen food company based in Dubai, U.A.E, signed a contract with Medicaa Jordan-based Mideast import and consultancy agency to enter this market.
  • In May 2022, Mira Jhala, a serial entrepreneur launched her fourth startup FroGoan online frozen food product and distribution business, based in Gurugram, India.
  • In April 2021, Aussie Frozen Fruit, an Australia-based company, launched frozen pineapples product as their fifth product in the range - 400g packs of 100% Australian grown.
  • In January 2021, Dole Packaged Foods, LLC opened a frozen fruit facility in McDonough, GA. It is doles’ third facility in the U.S. The new facility is built in an area of approximately 60,000 square feet and is fully automated with four manufacturing lines having the capacity of producing 60 million pounds of frozen fruit annually. Dole Packaged Foods delivers premium quality fruit with a year-round supply, eliminating seasonal variations. 

Key Takeaways from Analyst

  • The global frozen fruit market is expected to witness steady growth over the forecast period driven by rising health consciousness among consumers. As consumers become more health-cautious, demand for frozen fruits is rising as they are considered a healthy alternative to fresh fruits. Additional drivers include growing working population, changing lifestyles, and increasing demand for convenience food products.
  • The North America region dominates the global frozen fruit market and is expected to continue its lead over the forecast period. Growing population, increasing health awareness, rising disposable incomes are driving demand in the region. Rapid expansion of retail channels in U.S. & Canada is further supplementing market growth. Asia Pacific is expected to grow at a significant rate in the frozen fruit industry backed by high demand for convenience foods and presence of major players. Furthermore, the expanding food processing industry is increasing the application of frozen fruits in various food products such as jams, yogurt, smoothies, and bakery goods which is fueling market growth.

Market Report Scope

Frozen Fruit Market Report Coverage

Report Coverage Details
Base Year: 2023 Market Size in 2024: US$ 4.93 Bn
Historical Data for: 2019 To 2023 Forecast Period: 2024 To 2031
Forecast Period 2024 to 2031 CAGR: 6.5% 2031 Value Projection: US$ 7.67 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: Citrus, Tropical, Berries, and Others
  • By Application: Online and Offline 
Companies covered:

Kendall Fresh Frozen Fruits, Inc., Del Monte Produce Inc., Nomad Foods, Nature's Touch, HARVEST FOOD GROUP, Titan Frozen Fruit, Meel Corp, Val-Mex Frozen Foods, LLC, Royal Ridge Fruits, and SunOpta

Growth Drivers:
  • Increasing demand for convenience food products
  • Growing Health awareness among people
Restraints & Challenges:
  • Perception of low nutritive value compared to fresh fruits
  • High Dependency on Seasonal Fruits

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Market Dynamics

Market Driver - Increasing demand for convenience food products

With changing busy lifestyles and rising dual income households, convenience has become one of the top priorities for consumers. People are constantly looking for food products that can save their time and effort in the kitchen. Frozen fruits are perfectly positioned to capitalize on this demand as they can be stored and used as per convenience without much effort. According to data from the Food and Agriculture Organization in 2021, global fruit production grew from 651 million tons in 2000 to around 875 million tons in 2020.  Their long shelf life of 6-9 months allows busy consumers to stock up their freezers for the entire week or month, offering the ultimate convenience.

Market Challenge - Perception of low nutritive value compared to fresh fruits

One of the key challenges faced by the frozen fruit market is the perception among consumers that frozen fruits lack the same nutritive value as fresh fruits. While freezing produces minimal changes to the nutritional profile of fruits compared to fresh, many consumers still believe that vitamins, minerals and other nutrients are lost or degraded during the freezing and later thawing process. Some also argue that frozen fruits have a shorter shelf life once thawed compared to fresh fruits. However, effectively communicating this research and changing long-held consumer perceptions has been an uphill task for frozen fruit brands and retailers. Overcoming this perception challenge through targeted education campaigns will be critical for the future growth prospects of the frozen fruits category.

Market Opportunity: Increasing demand for organic and natural products

One major opportunity for the frozen fruit market is the increasing demand for organic and natural food products globally. Consumers are becoming more health conscious and looking to limit consumption of foods with artificial preservatives, colors, flavors or genetically modified ingredients. Frozen fruits, which involve minimal processing and do not require the use of preservatives for longer shelf life, are well positioned to tap into this demand. Frozen fruit producers can promote their products as a clean label and all-natural option. The market has also seen impressive growth of organic frozen fruits in recent years to meet the needs of health-focused consumers who prefer fruits grown without synthetic pesticides and fertilizers. This growing preference for organic and natural products is expected to drive significant growth for the frozen fruits market going forward.

Market Segmentation

  •  Type Insights (Revenue, USD, 2019 - 2031)
    • Citrus
    • Tropical
    • Berries
    • Others
  •  Application Insights (Revenue, USD, 2019 - 2031)
    • Online
    • Offline
  • Regional Insights (Revenue, USD, 2019 - 2031)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC Countries
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • North Africa
      • Central Africa
  • Key Players Insights
    • Kendall Fresh Frozen Fruits, Inc.
    • Del Monte Produce Inc.
    • Nomad Foods
    • Nature's Touch
    • HARVEST FOOD GROUP
    • Titan Frozen Fruit
    • Meel Corp
    • Val-Mex Frozen Foods, LLC
    • Royal Ridge Fruits
    • SunOpta

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About Author

Sakshi Suryawanshi is a Research Consultant with 6 years of extensive experience in market research and consulting. She is proficient in market estimation, competitive analysis, and patent analysis. Sakshi excels in identifying market trends and evaluating competitive landscapes to provide actionable insights that drive strategic decision-making. Her expertise helps businesses navigate complex market dynamics and achieve their objectives effectively.

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Frequently Asked Questions

The frozen fruit market is estimated to be valued at USD 4.93 Bn in 2024 and is expected to reach USD 7.67 Bn by 2031.

The CAGR of frozen fruit market is projected to be 6.5% from 2024 to 2031.

Increasing demand for convenience food products and growing health awareness among people are the major factors driving the growth of frozen fruit market.

Perception of low nutritive value compared to fresh fruits and high dependency on seasonal fruits are the major factors hampering the growth of frozen fruit market.

In terms of Type, Citrus segment is estimated to dominate the market revenue share 2024.

Kendall Fresh Frozen Fruits, Inc., Del Monte Produce Inc., Nomad Foods, Nature's Touch, HARVEST FOOD GROUP, Titan Frozen Fruit, Meel Corp, Val-Mex Frozen Foods, LLC, Royal Ridge Fruits, and SunOpta are the major players.

North America is expected to lead the frozen fruit market in 2024.
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