Market Introduction
Frozen fruits are the fruits that are quickly frozen and packaged in a nitrogen atmosphere when picked at their ripeness peak. The various health benefits related to frozen fruits consumption have been one of the major factors that have favored the MEA frozen fruits market. The frozen fruits are known to be one of the healthiest fruits that have been gaining rising demand in the MEA region. The frozen fruits are a rich source of various antioxidants, minerals, and vitamins that have further favored the growth of the market all over the MEA region. The easy availability of frozen fruits compared to fresh fruits has been another factor that has fueled the demand for frozen fruits in the region.
Market Overview and Dynamics
The Middle East and Africa frozen fruits market was valued at US$ 125.70 million in 2019 and is projected to reach US$ 179.05 million by 2027; it is expected to grow at a CAGR of 4.6% during the forecast period 2020-2027. Factors driving the market growth advantages of using frozen fruits and growing demand from packaged and processed food industry. However, the availability of substitutes is likely to have a negative impact on the market growth.
Key Market Segments
By product type, the citrus fruits segment accounted for the largest market share in the Middle East and Africa frozen fruits market in 2019. In terms of technique, the freeze drying segment held the largest market share of the frozen fruits market by 2027. In terms of application, in 2018, the confectionery & bakery segment held the most significant market share of the frozen fruits market in Asia Pacific.
Major Sources and Companies Listed
Some of the major primary and secondary sources for Middle East and Africa frozen fruits market included in the report are Crop's Fruits NV, Mirelite Mirsa Co. Ltd., SunOpta Inc., Greenyard, and General Mills Inc.
Impact of COVID-19 Pandemic on Frozen fruits Market
COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then it has spread across the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst affected countries in terms of confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the frozen fruits market due to shutting down of factories, obstacle in supply chain, and downturn in world economy
Reasons to buy the report
Middle East and Africa Frozen fruits Market Segmentation
By Product Type
By Technique
By Application
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 125.70 Million |
| Market Size by 2027 | US$ 179.05 Million |
| CAGR (2020 - 2027) | 4.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Frozen Fruits Market is valued at US$ 125.70 Million in 2019, it is projected to reach US$ 179.05 Million by 2027.
As per our report Middle East and Africa Frozen Fruits Market, the market size is valued at US$ 125.70 Million in 2019, projecting it to reach US$ 179.05 Million by 2027. This translates to a CAGR of approximately 4.6% during the forecast period.
The Middle East and Africa Frozen Fruits Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Frozen Fruits Market report:
The Middle East and Africa Frozen Fruits Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Frozen Fruits Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Frozen Fruits Market value chain can benefit from the information contained in a comprehensive market report.
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