Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the IQF Vegetable Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the IQF Vegetable Market Grow Between 2024 and 2025?
The historical growth trend in the IQF Vegetable Global Market Report 2025 market shows a steady increase. The market size was $2.92 billion in 2024 and it is expected to reach $3.03 billion in 2025, growing at a compound annual growth rate (CAGR) of 3.7%.
How Much Will the IQF Vegetable Market Be Worth in 2029?
The IQF Vegetable Global Market is projected to reach a market size of $4.28 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.1%.
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Which IQF Vegetable Market Drivers Are Linked to Revenue Growth?
The key drivers in the iqf vegetable market are:
• Innovation in product offerings, supply chain enhancements and logistics improvements
• Environmental sustainability initiatives and globalization
• Changing dietary habits and expansion of foodservice and ready-to-eat segments
• Trends like clean label and transparency, customization and blended offerings, and innovations in packaging and freezing technologies.
Which Segments Are Expected to Grow in the IQF Vegetable Market?
The iqf vegetablemarket covered in this report is segmented –
1) By Product Type: Leafy Vegetables, Beans, Potato, Onion, Tomato, Other Types
2) By Nature: Conventional, Organic
3) By Distribution Channel: Online Stores, Supermarkets Or Hypermarket, Business To Business, Other Channels
4) By End User: Commercial, Residential
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What Are The Key Trends Impacting Growth In The Global IQF Vegetable Market?
The key trends in the iqf vegetable market are:
• The adoption of clean label and transparency principles is a noticeable emerging trend.
• There is a rise in customization and blended offerings within the market.
• The expansion of ready-to-eat and frozen meal segments is shaping the future of the market.
• Innovations in packaging and freezing technologies, along with sustainability and reduced food waste efforts, are key upcoming trends.
Who Are the Key Competitors in the Global IQF Vegetable Market?
Major players in the iqf vegetable market are:
• Capricorn Food Products India Ltd.
• Greenyard NV
• J.R. Simplot Company
• Uren Food Group Limited
• Alfred Zindel AG
• Brecon Foods Inc.
• Meyer Gemüsebearbeitung GmbH
• Rems Frozen Foods Limited
• Conagra Brands Inc.
• Dole Food Company Inc.
• Kerry Group plc
• Pinnacle Foods Inc.
• SunOpta Inc.
• Jinyuan Agriculture
• Kabako Gruppe
• Dirafrost Frozen Fruit Industry
• Cardinal Foods LLC
• Bonduelle
• Ardo
• Hortex
• Pinguin
• D'aucy
• Findus Group
• McCain Foods Limited
• Nestlé S.A.
• The Pictsweet Company
• Unilever Group
• Wawona Frozen Foods
Where Is the IQF Vegetable Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the IQF vegetable market in 2024
