North America Frozen Fruits Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Citrus Fruit, Tropical Fruits, Berries, and Others), Application (Confectionery and Bakery, Jams and Preserves, Fruit-Based Beverages, Dairy, and Others), and Technique [Freeze Drying and Individual Quick Freezing (IQF)]

TIPRE00017322 | Pages: 52 | Food and Beverages | Dec 2020 | Type: Regional | Status: Published

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 North American frozen fruits market. The frozen fruits are known to be one of the healthiest fruits that have been gaining rising demand in this 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 North American region. The easy availability of frozen fruits compared to fresh fruits has been another factor that has fueled the demand for frozen fruits worldwide. The longer shelf life of frozen fruits as compared to fresh fruits has been another contributing factor to the rise and expansion of the frozen fruits market all over the region.

Market Overview and Dynamics

The North America frozen fruits market was valued at US$ 786.91 million in 2019 and is projected to reach US$ 1,179.84 million by 2027; it is expected to grow at a CAGR of 5.3% during 2020–2027. Factors driving the market growth include advantages of using frozen fruits and growing demand from packaged and processed food industry. However, availability of substitute products is likely to have a negative impact on the market growth.

Effect of covid-19 on North America Frozen Fruits Market

The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the food and beverage industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. The US has the highest number of confirmed cases of the COVID-19 morbidity among all North American countries. This is likely to impact the food and beverage industry in the region due to the disruption of supply and distribution chain. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.

Key Market Segments

The tropical fruits segment accounted for a largest share of the North America frozen fruits market, by product type, in 2019. The confectionery and bakery segment accounted for a largest share of the North America frozen fruits market, by application, in 2019. Also, the freeze drying segment accounted for a largest share of the North America frozen fruits market, by technique type, in 2019.

Major Sources and Companies Listed

A few of the major primary and secondary sources referred to while preparing this report on the North America frozen fruits market include Crop's Fruits NV, Dole Packaged Foods LLC., Mirelite Mirsa Co. Ltd., SunOpta Inc., Titan Frozen Fruits, Wawona Frozen Foods, Welch Foods, Inc., Greenyard, J.R. Simplot Company, and General Mills Inc.

Reasons to buy the report

  • To understand the North America frozen fruits market landscape and identify market segments that are most likely to guarantee a strong return
  • To stay ahead by comprehending the ever-changing competitive landscape for the frozen fruits market
  • To efficiently plan M&A and partnership deals in the frozen fruits market by identifying market segments with most promising probable sales
  • To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the frozen fruits market
  • To obtain market revenue forecast for market by various segments from 2018 to 2027

North America Frozen fruits market Segmentation

By Product Type

  • Citrus Fruit
  • Tropical Fruits
  • Berries
  • Others

By Technique

  • Freeze Drying
  • Individual Quick Freezing (IQF)

By Application

  • Confectionery and Bakery
  • Jams and Preserves
  • Fruit-based Beverages
  • Dairy
  • Others

Company Profiles

  • Crop's Fruits NV
  • Dole Packaged Foods LLC.
  • Mirelite Mirsa Co. Ltd.
  • SunOpta Inc.
  • Titan Frozen Fruits
  • Wawona Frozen Foods
  • Welch Foods, Inc.
  • Greenyard
  • J.R. Simplot Company
  • General Mills Inc.

By Country

  • US
  • Canada
  • Mexico
 

1.             Introduction. 11

1.1       Study Scope. 11

1.2       The Insight Partners Research Report Guidance. 11

1.3       Market Segmentation. 12

2.             Key Takeaways. 14

3.             Research Methodology. 18

3.1       Scope of the Study. 18

3.2       Research Methodology. 18

3.2.1        Data Collection: 18

3.2.2        Primary Interviews: 19

3.2.3        Hypothesis formulation: 19

3.2.4        Macro-economic factor analysis: 19

3.2.5        Developing base number: 20

3.2.6        Data Triangulation: 20

3.2.7        Country level data: 20

4.             Frozen fruits Market Landscape. 21

4.1       Market Overview.. 21

4.2       PEST Analysis. 22

4.2.1        North America. 22

4.3       Expert Opinion. 22

5.             Frozen fruits Market – Key Market Dynamics. 23

5.1       Market Drivers. 23

5.1.1        Advantages of Using Frozen Fruits. 23

5.1.2        Growing Demand from Packaged and Processed Food Industry. 23

5.2       Key Market Restraints. 24

5.2.1        Availability of Substitute. 24

5.3       Key Market Opportunities: 24

5.3.1        Demand for Organic and Clean Label Frozen Fruits. 24

5.4       Key Trends: 25

5.4.1        Use of Individual Quick Freezing (IQF) Technology and Innovative Packaging. 25

5.5       Impact Analysis. 25

6.             Frozen Fruits – North America Market Analysis. 26

6.1       Frozen Fruits Market Overview.. 26

6.2       North America Frozen Fruits Market –Revenue and Forecast to 2027 (US$ Million) 26

6.3       Market Positioning of Key Players. 27

7.             North America Frozen Fruits Market Analysis – By Product Type. 28

7.1       Overview.. 28

7.2       Frozen Fruits Market, By Type (2019 and 2027) 28

7.3       Citrus Fruit 28

7.3.1        Overview.. 28

7.3.2        Citrus Fruit: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 29

7.4       Tropical Fruits. 29

7.4.1        Overview.. 29

7.4.2        Tropical Fruits: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 29

7.5       Berries. 30

7.5.1        Overview.. 30

7.5.2        Berries: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 30

7.6       Others. 31

7.6.1        Overview.. 31

7.6.2        Others: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 31

8.             Frozen Fruits Market Analysis – By Application. 33

8.1       Overview.. 33

8.2       Frozen Fruits Market, By Application (2019 and 2027) 33

8.3       Confectionery and Bakery. 33

8.3.1        Overview.. 33

8.3.2        Confectionery and Bakery: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 33

8.4       Jams and Preserves. 34

8.4.1        Overview.. 34

8.4.2        Jams and Preserves: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 34

8.5       Fruit- Based Beverages. 35

8.5.1        Fruits- Based Beverages: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 35

8.6       Dairy. 36

8.6.1        Dairy: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 36

8.7       Others. 37

8.7.1        Others: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 37

9.             Frozen Fruits Market Analysis – By Technique. 38

9.1       Overview.. 38

9.2       Frozen Fruits Market, By Technique (2019 and 2027) 38

9.3       Freeze Drying. 38

9.3.1        Overview.. 38

9.3.2        Freeze Drying: Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 39

9.4       Individual Quick Freezing (IQF) 39

9.4.1        Overview.. 39

9.4.2        IQF (Individual Quick Freezing) : Frozen Fruits Market – Revenue and Forecast to 2027 (US$ Million) 39

10.          Frozen Fruits Market – Country Analysis. 41

10.1    Overview.. 41

10.1.1     North America: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million) 41

10.1.2     North America: Frozen Fruit Market, by Product Type. 42

10.1.3     North America: Frozen Fruit Market, by Application. 43

10.1.4     North America: Frozen Fruit Market, by Technique. 44

10.1.5     North America: Frozen Fruit Market, by Key Country. 45

10.1.5.1    US: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million) 45

10.1.5.1.1    US: Frozen Fruit Market, by Product Type. 46

10.1.5.1.2    US: Frozen Fruit Market, by Application. 46

10.1.5.1.3    US: Frozen Fruit Market, by Technique. 47

10.1.5.2    Canada: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million) 48

10.1.5.2.1    Canada: Frozen Fruit Market, by Product Type. 48

10.1.5.2.2    Canada: Frozen Fruit Market, by Application. 49

10.1.5.2.3    Canada: Frozen Fruit Market, by Technique. 49

10.1.5.3    Mexico: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million) 50

10.1.5.3.1    Mexico: Frozen Fruit Market, by Product Type. 50

10.1.5.3.2    Mexico: Frozen Fruit Market, by Application. 51

10.1.5.3.3    Mexico: Frozen Fruit Market, by Technique. 51

11.          Overview- Impact of COVID-19 of North America Frozen Fruits Market 52

11.1    Overview.. 52

11.2    North America: Impact Assessment of COVID-19 Pandemic. 52

12.          Company Profiles. 53

12.1    Greenyard. 53

12.1.1     Key Facts. 53

12.1.2     Business Description. 53

12.1.3     Products and Services. 53

12.1.4     Financial Overview.. 54

12.1.5     SWOT Analysis. 54

12.2    Crop's Fruits NV. 55

12.2.1     Key Facts. 55

12.2.2     Business Description. 55

12.2.3     Products and Services. 55

12.2.4     Financial Overview.. 55

12.2.5     SWOT Analysis. 56

12.3    Mirelite Mirsa Co. Ltd. 57

12.3.1     Key Facts. 57

12.3.2     Business Description. 57

12.3.3     Products and Services. 57

12.3.4     Financial Overview.. 57

12.3.5     SWOT Analysis. 58

12.3.6     Key Developments. 58

12.4    Wawona Frozen Foods. 59

12.4.1     Key Facts. 59

12.4.2     Business Description. 59

12.4.3     Products and Services. 59

12.4.4     Financial Overview.. 60

12.4.5     SWOT Analysis. 60

12.5    Welch Foods, Inc. 61

12.5.1     Key Facts. 61

12.5.2     Business Description. 61

12.5.3     Products and Services. 61

12.5.4     Financial Overview.. 62

12.5.5     SWOT Analysis. 62

12.6    J.R. Simplot Company. 63

12.6.1     Key Facts. 63

12.6.2     Business Description. 63

12.6.3     Products and Services. 63

12.6.4     Financial Overview.. 63

12.6.5     SWOT Analysis. 64

12.7    General Mills Inc. 65

12.7.1     Key Facts. 65

12.7.2     Business Description. 65

12.7.3     Products and Services. 65

12.7.4     Financial Overview.. 66

12.7.5     SWOT Analysis. 66

12.8    Dole Packaged Foods LLC. 67

12.8.1     Key Facts. 67

12.8.2     Business Description. 67

12.8.3     Products and Services. 67

12.8.4     Financial Overview.. 67

12.8.5     SWOT Analysis. 68

12.9    Sunopta Inc. 69

12.9.1     Key Facts. 69

12.9.2     Business Description. 69

12.9.3     Products and Services. 69

12.9.4     Financial Overview.. 69

12.9.5     SWOT Analysis. 70

12.10 Titan Frozen Fruit 71

12.10.1   Key Facts. 71

12.10.2   Business Description. 71

12.10.3   Products and Services. 71

12.10.4   Financial Overview.. 71

12.10.5   SWOT Analysis. 72

13.          Appendix. 73

13.1    About The Insight Partners. 73

13.2    Glossary of Terms. 73


 

LIST OF TABLES

Table 1.             North America Frozen fruits Market –Revenue and Forecast to 2027 (US$ Million) 26

Table 2.             North America Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million) 43

Table 3.             North America: Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million) 43

Table 4.             North America: Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million) 44

Table 5.             US Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million) 46

Table 6.             US Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million) 47

Table 7.             Canada Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million) 48

Table 8.             Canada Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million) 49

Table 9.             Canada Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million) 49

Table 10.          Mexico Frozen Fruit Market, by Product Type – Revenue and Forecast to 2027 (US$ Million) 50

Table 11.          Mexico Frozen Fruit Market, by Application – Revenue and Forecast to 2027 (US$ Million) 51

Table 12.          Mexico Frozen Fruit Market, by Technique – Revenue and Forecast to 2027 (US$ Million) 51

Table 13.          Glossary of Terms, Frozen fruits Market 73

 


LIST OF FIGURES

Figure 1.           North America Frozen Fruits Market Segmentation. 12

Figure 2.           North America Frozen Fruits Market Segmentation – By Country. 13

Figure 3.           North America Frozen Fruits Market Overview.. 14

Figure 4.           Confectionary and Bakery Segment Held Largest Share of North America Frozen fruits Market 15

Figure 5.           United States Held Largest Share of North America Frozen Fruits Market 16

Figure 6.           North America Frozen Fruits Market, Industry Landscape. 17

Figure 7.           North America: PEST Analysis. 22

Figure 8.           Expert Opinion. 22

Figure 9.           Frozen Fruits Market Impact Analysis Of Driver And Restraints. 25

Figure 10.        North America: Frozen fruits Market – Revenue and Forecast to 2027 (US$ Million) 26

Figure 11.        Market Positioning of Key Player In Frozen Fruits Market 27

Figure 12.        Frozen Fruits Market Revenue Share, By Type (2019 and 2027) 28

Figure 13.        Citrus Fruit: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 29

Figure 14.        Tropical Fruits: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 30

Figure 15.        Berries: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 30

Figure 16.        Others: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 31

Figure 17.        Frozen Fruits Market Revenue Share, By Application (2019 and 2027) 33

Figure 18.        Confectionery and Bakery: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 33

Figure 19.        Jams and Preserves: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 34

Figure 20.        Fruits- Based Beverages: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 35

Figure 21.        Dairy: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 36

Figure 22.        Others: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 37

Figure 23.        Frozen Fruits Market Revenue Share, By Technique (2019 and 2027) 38

Figure 24.        Freeze Drying: Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 39

Figure 25.        IQF (Individual Quick Freezing) : Frozen Fruits Market – Revenue And Forecast To 2027 (US$ Million) 39

Figure 26.        North America: Frozen Fruit Market – Revenue and Forecast to 2027 (US$ Million) 41

Figure 27.        North America: Frozen Fruit Market Revenue Share, by Product Type (2019 and 2027) 42

Figure 28.        North America: Frozen Fruit Market Revenue Share, by Application (2019 and 2027) 43

Figure 29.        North America: Frozen Fruit Market Revenue Share, by Technique (2019 and 2027) 44

Figure 30.        North America: Frozen Fruit Market Revenue Share, by Key Country (2019 and 2027) 45

Figure 31.        US: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million) 45

Figure 32.        Canada: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million) 48

Figure 33.        Mexico: Frozen Fruit Market –Revenue and Forecast to 2027 (US$ Million) 50

Figure 34.        Impact of COVID-19 Pandemic in North American Country Markets. 52

 

Company Profiles
  1. Crop's Fruits NV
  2. Dole Packaged Foods LLC.
  3. Mirelite Mirsa Co. Ltd.
  4. SunOpta Inc.
  5. Titan Frozen Fruits
  6. Wawona Frozen Foods
  7. Welch Foods, Inc.
  8. Greenyard
  9. J.R. Simplot Company
  10. General Mills Inc.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Frozen Fruits Market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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