At 4.4% CAGR, Middle East & Africa Frozen Vegetables Market is Projected to be Worth US$ 1,376.90 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa frozen vegetables market was valued at US$ 974.57 million in 2023 and is expected to reach US$ 1,376.90 million by 2031, registering a CAGR of 4.4% from 2023 to 2031. Increasing preference for plant-based diets and growing demand from the foodservice sector are among the critical factors attributed to driving the Middle East & Africa frozen vegetables market growth.

The demand for frozen vegetables is growing across the globe, where regions such as Europe, Asia Pacific, and South & Central America have witnessed a rise in the popularity of vegetarian and vegan lifestyles. In developed regions such as Europe and North America, the increasing preference for plant-based diets is influenced by cultural and religious factors and rising awareness about the health benefits of vegetable consumption. Frozen vegetables are considered versatile ingredients in plant-based meals and snacks. Frozen vegetables, such as okra, peas, green beans, etc., are commonly used in pie, lasagna, soup, stews, and side dishes, providing households with convenient options to prepare nutritious meals at home. Frozen spinach, broccoli, and kale are convenient additions to stir-fries, soups, and pasta dishes. Frozen vegetables can be added to meals anytime, regardless of seasonal availability. These vegetables are convenient and nutritious options for consumers seeking to adopt healthier and more sustainable dietary habits, thereby catering to flexitarian, vegetarian, and vegan consumers' preferences. Thus, the increasing preference for plant-based diets drives the frozen vegetables market.

On the flip side, supply chain challenges hamper the growth of Middle East & Africa frozen vegetables market .

By type, the Middle East & Africa frozen vegetables market is segmented into corn cob, corn kernels/sweet corn, green peas, baby corn, carrot, cauliflower, green beans, spinach, broccoli, onions, brussel sprouts, mixed vegetables, and others. The others segment held a 23.3% share of Middle East & Africa frozen vegetables market share in 2023, amassing US$ 227.10 million. It is projected to garner US$ 262.18 million by 2031 to register 1.8% CAGR during 2023–2031.

In terms of category, the Middle East & Africa frozen vegetables market is bifurcated into organic and conventional. The conventional segment held a 90.9% share of Middle East & Africa frozen vegetables market share in 2023, amassing US$ 885.57 million. It is projected to garner US$ 1,245.05 million by 2031 to register 4.4% CAGR during 2023–2031.

Based on end user, the Middle East & Africa frozen vegetables market is segmented into food processing, food retail, and foodservice. The food retail segment held 54.5% share of Middle East & Africa frozen vegetables market share in 2023, amassing US$ 531.51 million. It is projected to garner US$ 726.62 million by 2031 to register 4.0% CAGR during 2023–2031.

Based on country, the Middle East & Africa frozen vegetables market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East and Africa. Our regional analysis states that the Rest of Middle East and Africa captured 59.8% share of Middle East & Africa frozen vegetables market in 2023. It was assessed at US$ 582.40 million in 2023 and is likely to hit US$ 794.88 million by 2031, registering a CAGR of 4.0% during 2023–2031.

Key players operating in the frozen vegetables market are Alasko Food Inc.; Ardo Foods NV; B&G Foods; Bonduelle SA; Dawtona Frozen; General Mills Inc; Goya Foods Inc; Grupo Virto; Hanover Foods; La Fe Foods; McCain Foods Ltd; Mondial Foods BV; Mother Dairy Fruit & Vegetable Pvt. Ltd; Seneca Foods Corp; and Simplot Global Food., among others.

• In 2024: McCain Foods completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots. The acquisition follows McCain and Strong Roots' strategic partnership, which began in 2021 and resulted from a $55 million investment.

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