Global Frozen, Canned and Dried Food Market Trends And Strategies Of Major Players In The Frozen, Canned and Dried Food Market 2021-2030

26 Jan, 2021

The frozen, canned and dried food market consists of sales of frozen and canned fruit and vegetables by entities (organizations, sole traders and partnerships) that produce frozen and canned fruit and vegetables. This market does not include unprocessed fruit and vegetables which are part of the agricultural market. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.

Global Frozen, Canned and Dried Food Market Size And Drivers:

The global frozen, canned and dried food market is expected to grow from $407.07 billion in 2020 to $440.6 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $585.25 billion in 2025 at a CAGR of 7%. The increasing demand for local, sustainable and organic food production is expected to positively impact the frozen, canned and dried food market during the forecast period.

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Trends In The Global Frozen, Canned and Dried Food Market

Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve yield and quality of frozen foods. The IQF method involves transferring the individual food items on a conveyor belt into a blast freezer that quickly freezes the items. With IQF method, every individual piece of food is frozen separately, as opposed to bulk or block freezing. This method boosts yield by 1.5-3% and results in better quality products with high nutritional value and less wastage.

Global Frozen, Canned and Dried Food Market Segments:

The global frozen, canned and dried food market is further segmented based on type, distribution channel and geography.
By Type: Frozen Food, Canned And Ambient Food.
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
Subsegments Covered: Frozen Fruit, Juice, And Vegetable, Frozen Specialty Food, Fruit And Vegetable Canning, Specialty Canning, Dried And Dehydrated Food.
By Geography: The global frozen, canned and dried food market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific was the largest region in the global frozen, canned and dried food market, accounting for 32% of the total market.

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Frozen, Canned and Dried Food Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides frozen, canned and dried food market overviews, analyzes and forecasts market size and growth for the global frozen, canned and dried food market, frozen, canned and dried food market share, frozen, canned and dried food market players, frozen, canned and dried food market segments and geographies, frozen, canned and dried food market’s leading competitors’ revenues, profiles and market shares. The frozen, canned and dried food market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.