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.
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