Frozen Vegetable Market

Frozen Vegetable Market Outlook from 2024 to 2034

The frozen vegetable market is predicted to surge at a CAGR of 6.0% through 2034. Sales revenue of frozen vegetables is estimated to be worth USD 53,830.60 million in 2024.

The younger populations in the market favor the frozen vegetable segment as a healthier snack option over fresh, canned, and cooked meals. The frozen veggies market size is envisioned to attain a valuation of USD 96,451.80 million by 2034.

Convenience products are in the spotlight because of the rapid rate of urbanization and increased disposable income. Shifting technological developments, attractive packaging, storage convenience, and accessibility foster the demand for frozen vegetables upward.

Attributes	Details
Estimated Market Value for 2024	USD 53,830.60 million
Forecasted Market Value for 2034	USD 96,451.80 million
Projected Market CAGR from 2024 to 2034	6.0%

The Convergence of Convenience and Nutrition in Frozen Vegetables

Frozen vegetable vendors thoroughly understand consumers trends and preferences. The need for nutritious and simple-to-make solutions keeps evolving as there is a stronger emphasis on convenience as well as health-conscious choices. Consumers' evolving dietary patterns influence the demand for different types of frozen vegetables.

Through persistent analysis of these trends, frozen vegetable manufacturers alter their range of goods and sales strategies to meet customer demand accurately. Nestlé S.A. and General Mills, Inc., are partners in a partnership. They compete in the ready-to-eat cereal market. The company and Häagen-Dazs Japan, Inc. (HDJ), a competitor in Japan's hyper-premium ice cream market, collaborate.

Educational Initiatives Strengthen Frozen Vegetable Market Growth

Educating consumers regarding the nutritional value, adaptability, and ease of use of frozen vegetables fosters market expansion of frozen vegetables. Many consumers need to be aware of the benefits of frozen vegetables over canned or fresh alternatives.

Frozen vegetable vendors ought to spend money on instructional programs that educate customers about the convenience, nutritional content, and flavor retention that frozen vegetables provide. This parameter accelerates sales of frozen vegetables.

Attributes	Details
Market Value for 2019	USD 41,926.9 million
Market CAGR from 2019 to 2023	5.6%

Operational Costs Prevents Market Expansion of Frozen Vegetables

The availability of raw materials is anticipated to fluctuate. This could lead to supply shortages and product quality variations, which are likely to impact production and operations and hinder the adoption of frozen vegetables. Special storage facilities with sufficient capacity are required for frozen vegetables. These storage facilities induce substantial operational costs, negatively influencing profit and deterring the market expansion of frozen vegetables.

Concerns about energy use, packaging materials, and agricultural methods related to sustainability are progressively influencing consumer purchase decisions. Frozen vegetable manufacturers are under strain to implement environmentally friendly procedures and lessen the environmental impact of their manufacturing and distribution processes.

Category-wise Analysis

The segmented frozen vegetable market analysis is introduced in the preceding paragraph. After a thorough examination, it is evident that the conventional segment excels in the nature category, while broccoli and cauliflower rule the vegetable type category.

The above data indicates the noteworthy relevance of these specific vegetables and their taste for conventional products in the frozen vegetable industry.

Broccoli and Cauliflower's Broad Application Resonates with Consumers

Segment	Broccoli and Cauliflowers
Share (2024)	17.7%

The high nutritional value and health advantages of broccoli and cauliflower thrust the demand for frozen vegetables among health-conscious consumers. The strengthening awareness of plant-based diets caters to the surging demand for broccoli and cauliflower segment among vegetarians and people seeking vegan-friendly options. The year-round availability and long shelf life make the broccoli and cauliflower segment a dependable alternative for frozen vegetable producers.

Conventional Options Sustain Consumer Loyalty in Frozen Vegetable Market

Segment	Conventional
Share (2024)	83.5%

Consumers on a limited budget are drawn to conventional food because of its affordability, which increases sales of frozen vegetables. Due to their broad application in various culinary applications, conventional varieties tend to be in higher demand on the market, which ensures steady sales of frozen vegetables. Despite the growing popularity of organic products, the conventional segment's cost and broad availability continue to fuel overall frozen veggies market performance.

Country-wise Outlook

The subsequent tables observe the frozen veggies market, concentrating on the foremost economies in India, China, Japan, Germany, and the United States. An exhaustive study indicates that India has great potential. Opportunities abound in its rapidly expanding frozen veggies market.

Convenience Culture Embrace Frozen Vegetables in Urban India

Country	India
CAGR (2024 to 2034)	7.6%

The flexibility of frozen vegetables is growing in prominence in India's fast-paced lifestyle due to the country's growing urban population and shifting eating patterns. India's frozen vegetable market is flourishing due to government programs supporting the food manufacturing industry. Due to the diversity of Indian culture, the country has a wide range of tastes and preferences, which boosts demand for frozen veggies.

Escalating Demand for Premium Frozen Vegetables in China

Country	China
CAGR (2024 to 2034)	7.0%

The market in China is experiencing an uptick in demand for eco-friendly and sustainable packaging solutions due to growing environmental concerns. Premium frozen vegetable products are becoming prevalent in China due to shifting demographics and the emergence of the middle class. The adoption of frozen veggies, which combine contemporary convenience with cultural legacy, is fostered by the traditional culinary worth of vegetables in Chinese cuisine.

Aging Population Boosts Japan's Frozen Vegetable Market

Country	Japan
CAGR (2024 to 2034)	6.1%

Japan's aging population and hectic schedules contribute to the demand for frozen veggies that are simple to prepare, which aligns with the country's need for quick and easy dinner options. In Japan's frozen vegetable market, strict rules guarantee consumer confidence by emphasizing food safety and high-quality standards. The adoption of frozen vegetables illustrates the blending of contemporary convenience and Japanese culinary tradition in traditional dishes.

Sustainability Fosters Frozen Vegetable Industry in Germany

Country	Germany
CAGR (2024 to 2034)	5.6%

In Germany, a market centered around organic and locally sourced goods reflects a dedication to sustainability and health-conscious purchasing. German customers' hectic lifestyles are well-suited for the convenience of frozen veggies, which promotes market expansion. Plant-based frozen vegetable options are steadily prevalent in Germany, partly due to the growing popularity of flexitarian and vegetarian diets.

eCommerce Dominance Reshape Frozen Vegetable Retail in the United States

Country	United States
CAGR (2024 to 2034)	5.0%

Convenient frozen vegetable options are in high demand in the United States due to the expanding home cooking and meal preparation trend. The availability and prevalence of frozen veggies among customers in the United States are significantly influenced by eCommerce platforms and subscription services. Healthy programs and corporate wellness campaigns are among the health-conscious activities that have helped frozen vegetables become an attractive and healthy option in the United States.

Competitive Landscape

Key producers of frozen vegetables dominate the industry's varied landscape, competing for market share and customer loyalty. Leading frozen vegetable providers with a reputation for quality and innovation, such as Amy's Kitchen, Inc., Ardo N.V., and Bonduelle SCA, are at the forefront of the industry. Vital frozen vegetable manufacturers Bellisio Foods, Inc., Conagra Foods, Inc., and Arena Agroindustrie Alimentari SPA distinguish themselves using their broad product portfolios and distribution networks to keep a competitive edge.

Findus Group, Goya Foods, Inc., and H.J. Heinz Company are frozen vegetable vendors catering to various consumer tastes and culinary traditions while bringing their unique capabilities and market insights. General Mills Inc. and Iceland Foods Ltd.'s market penetration and partnership agreements strengthen the competitive environment.

Due to their widespread distribution and prominent names, significant frozen vegetable vendors like Nestle and Kellogg Co. should not be disregarded. Through their innovative products and adaptable supply chains, B&G Foods, Inc., Aryzta AG, and Flowers Foods also foster the market's dynamism of frozen vegetables.

The market growth and competition are boosted by competitors vying for market share and attention beyond these key frozen vegetable manufacturers. The competitive landscape is predicted to shift toward expansion and diversification as customer preferences change and the need for quick, wholesome food options rises.

Notable Advancements

Company	Details
SunOpta	In April 2022, SunOpta, a United States-based global pioneer in sustainable, plant- and fruit-based food and beverages, opened Eden Prairie, Minnesota's 65,000-square-foot global headquarters and eco-powered research center.
Del Monte Foods, Inc.	Del Monte Foods, Inc. announced its goal to achieve net-zero emissions by 2050 April 6, 2022. To support SBTi's commitment to keeping the rise in global temperature to 1.5°C to a minimum, the company has committed to setting near-term, science-based targets for lowering carbon emissions from Scopes 1, 2, and 3.
Ajinomoto Co., Inc.	Ajinomoto Co., Inc. introduced AJISWEET RA, a stevia sweetener developed in collaboration with Morita Kagaku Kogyo Co., Ltd. in Japan in 2020. The product's reduced bitterness and off-flavors enable food and beverage manufacturers to address taste-related difficulties.
ITC Limited	Under the Farmland brand, ITC Limited expanded its product line in 2020 by introducing frozen vegetables, including peas, Indian round gourds (tinda), and pointed gourds (parwal). The corporation also introduced frozen prawns under the ITC Master Chef brand.
Suguna Poultry Farm Ltd	Suguna Poultry Farm Ltd. announced opening a cold storage facility in Tiruch in October 2021. It can hold 25 tonnes of veggies. This serves you with juices and ready-to-eat salads.

Prominent Frozen Vegetable Manufacturers

• Amy's Kitchen, Inc.
• Ardo N.V.
• Bonduelle SCA
• Bellisio Foods, Inc.
• Conagra Foods, Inc.
• Arena Agroindustrie Alimentari SPA
• Findus Group
• Goya Foods, Inc.
• H.J. Heinz Company
• Iceland Foods Ltd
• General Mills Inc.
• Nestle
• Kellogg Co.
• B&G Foods, Inc.
• Aryzta AG
• Flowers Foods
• Others

Key Coverage in Frozen Vegetable Market Report

• Categorical Study on the Organic and Conventional Nature of Frozen Vegetables
• Frozen Vegetable Market Detailed Analysis of Current Scenario with Growth Forecasts
• Opportunities for Frozen Vegetable Market in India
• Market Potential of Frozen Vegetables in China
• Competition Analysis of Frozen Vegetable Manufacturers with Focus on SunOpta, Del Monte Foods, Inc., Ajinomoto Co., Inc., and Others.

Key Segments

By Vegetable Type:

• Broccoli and cauliflower
• Green Peas
• Asparagus
• Mushrooms
• Spinach
• Corn
• Green Beans
• Others

By Nature:

• Organic
• Conventional

By End Use:

• Food Service Industry
• Retail Customers

By Distribution Channel:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Grocery Stores
  • Online Retailers
  • Other Channels

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

Frequently Asked Questions

What is the Current Valuation of the Frozen Vegetable Market?

The demand for frozen vegetables is likely to grab a valuation of USD 53,830.60 million in 2024.

How Large Can the Frozen Vegetable Market be by 2034?

Sales revenue of frozen vegetables is estimated to hit USD 96,451.80 million by 2034.

What is the Growth Outlook of the Frozen Vegetable Market?

Through 2034, the frozen vegetable industry is anticipated to evolve at a 6.0% CAGR.

What Was the Historical Outlook of The Frozen Vegetable Market?

From 2019 to 2023, the frozen vegetable market exhibited a 5.6% CAGR.

Which Vegetable Type Segment to Lead in the Frozen Vegetable Market?

The broccoli and cauliflowers sector is projected to garner a market share of 17.7% in 2024.

Which Nature Segment to Dominate the Frozen Vegetable Market?

An 83.5% market share is expected for the conventional sector in 2024.