North America Frozen Vegetables Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Potato, Green Peas, Spinach, Mushrooms, Corn, Mixed Vegetables, Broccoli, Carrot and Others); End User (Foodservice and Food Retail); and Country
North America Frozen vegetables Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Type (Potato, Green Peas, Spinach, Mushrooms, Corn, Mixed Vegetables, Broccoli, Carrot and Others); End User (Foodservice and Food Retail); and Country
Number of Pages: 70
Market Introduction
The North America frozen vegetables market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The food and beverage companies operating in the region are continuously enhancing the overall business processes to meet the rising customers' demands in the best possible way. A large number of domestic and international food processing companies have a strong foothold in North America. The demand for frozen vegetables in North America has surged owing to the increasing consumption of convenience food such as RTE and RTC cut vegetables, mixed vegetable, and meals due to a busy lifestyle and hectic work schedule of the consumers. Rising disposable income, urbanization, and changing lifestyles further boosting the market. The high purchasing power of the consumers results in rising demand for premium frozen vegetable products. The demand for frozen vegetables in North America is also increasing due to the rising trend of veganism. Due to this trend, many consumers are dependent on fruits and vegetables, resulting in an increase in the demand for frozen vegetables.
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Market Overview and Dynamics
The frozen vegetables market in North America is expected to grow from US$ 5,290.67 Mn in 2019 to US$ 7,269.16 Mn by 2027; it is estimated to grow at a CAGR of 4.1% from 2020 to 2027. The North America frozen vegetables market comprises numerous players across the ecosystem with high market fragmentation. The frozen vegetables market has started to use some innovative and advanced technology to produce better quality products. Manufacturers use these innovative technologies to speed up the production process of various frozen vegetables. Advanced refrigeration techniques are also being increasingly used by the manufacturers in the frozen vegetables market. Many of these innovative technologies are in the development stage and require high capital. Some of these technologies offer energy saving while some provide high quality advantages. Thus, the use of these technologies will help the manufacturers as well as the consumers and can be a win-win situation for both. Some of the new innovative freezing technologies include Hydro-fluidization and impingement. Manufacturers believe that fast freezing and formation of small ice crystals offer quality advantages to frozen vegetables products. Thus, this is becoming a driving trend in the frozen vegetables market.
Key Market Segments
In terms of type, the mixed vegetables segment accounted for the largest share of the North America frozen vegetables market in 2019. In terms of end user, the food retail segment held a larger market share of the North America frozen vegetables market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America frozen vegetables market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Conagra Brands Inc., Goya Foods, Inc., B&G Foods, Inc., Cascadian Farm Organic, Foodnet Ltd., Bonduelle, and Ardo.
Reasons to buy report
- To understand the North America frozen vegetables market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America frozen vegetables market
- Efficiently plan M&A and partnership deals in North America frozen vegetables market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America frozen vegetables market
- Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.
NORTH AMERICA FROZEN VEGETABLES MARKET SEGMENTATION
- Potato
- Green Peas
- Spinach
- Mushrooms
- Corn
- Mixed Vegetables
- Broccoli
- Carrot
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- Conagra Brands Inc.
- Goya Foods, Inc.
- B&G Foods, Inc.
- Cascadian Farm Organic
- Foodnet Ltd.
- Bonduelle
- Ardo
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. North America Frozen Vegetables Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinion
5. Frozen Vegetables Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Expansion of Quick Service Restaurants
5.1.2 Rising Demand for Convenience Food
5.2 Market Restraint
5.2.1 Rising Preference for Fresh and Natural Products
5.3 Market Opportunities
5.3.1 Increasing Demand from North America
5.4 Future Trends
5.4.1 Use of Innovative Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Frozen Vegetables – North America Market Analysis
6.1 Frozen Vegetables Market Overview
6.2 North America Frozen Vegetables Market –Revenue And Forecast To 2027 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. North America Frozen Vegetables Market Analysis – By Type
7.1 Overview
7.2 Frozen Vegetables Market, By Type (2019 and 2027)
7.3 Potato
7.3.1 Overview
7.3.2 Potato: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Green Peas
7.4.1 Overview
7.4.2 Green Peas: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.5 Spinach
7.5.1 Overview
7.5.2 Spinach: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.6 Mushrooms
7.6.1 Overview
7.6.2 Mushrooms: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.7 Corn
7.7.1 Overview
7.7.2 Corn: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.8 Mixed Vegetables
7.8.1 Overview
7.8.2 Mixed Vegetables: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.9 Broccoli
7.9.1 Overview
7.9.2 Broccoli: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.10 Carrots
7.10.1 Overview
7.10.2 Carrots: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
7.11 Others
7.11.1 Overview
7.11.2 Others: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
8. North America Frozen Vegetables Market Analysis – By End User
8.1 Overview
8.2 Frozen Vegetables Market, By End User (2019 and 2027)
8.3 Foodservice
8.3.1 Overview
8.3.2 Foodservice: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Food Retail
8.4.1 Overview
8.4.2 Food Retail: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Mn)
9. North America Frozen Vegetables Market – Geographic Analysis
9.1 Overview
9.1.1 North America: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2 North America: Frozen Vegetables Market, by Type
9.1.3 North America: Frozen Vegetables Market, by End User
9.1.4 North America: Frozen Vegetables Market, by Key Country
9.1.4.1 US: Frozen Vegetables Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.1.1 US: Frozen Vegetables Market, by Type
9.1.4.1.2 US: Frozen Vegetables Market, by End User
9.1.4.2 Canada: Frozen Vegetables Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.2.1 Canada: Frozen Vegetables Market, by Type
9.1.4.2.2 Canada: Frozen Vegetables Market, by End User
9.1.4.3 Mexico: Frozen Vegetables Market –Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 Mexico: Frozen Vegetables Market, by Type
9.1.4.3.2 Mexico: Frozen Vegetables Market, by End User
10. Overview- Impact of Coronavirus Outbreak on North America Frozen Vegetables Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Merger and Acquisition
11.2 Product News
12. Key Company Profiles
12.1 Conagra Brands Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Goya Foods Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 B&G Foods, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Cascadian Farm Organic
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 FOODNET LTD
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 BONDUELLE
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Ardo
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Frozen vegetables Market –Revenue And Forecast To 2027 (US$ Million)
Table 2. North America Frozen Vegetables Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Frozen Vegetables Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 4. US Frozen Vegetables Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. Canada Frozen Vegetables Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada Frozen Vegetables Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 7. Mexico Frozen Vegetables Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico Frozen Vegetables Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Frozen Vegetables Market Segmentation
Figure 2. North America Frozen Vegetables Market Segmentation – By Country
Figure 3. North America Frozen Vegetables Market Overview
Figure 4. Mixed Vegetables Segment Held Largest Share Of North America Frozen Vegetables Market
Figure 5. US Held Largest Share Of North America Frozen Vegetables Market
Figure 6. North America Frozen Vegetables Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Frozen Vegetables Market Impact Analysis of Driver and Restraints
Figure 10. North America: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Million)
Figure 11. Frozen Vegetables Market Revenue Share, By Type (2019 and 2027)
Figure 12. Potato: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 13. Green Peas: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 14. Spinach: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 15. Mushrooms: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 16. Corn: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 17. Mixed Vegetables: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 18. Broccoli: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 19. Carrots: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 20. Others: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 21. Frozen Vegetables Market Revenue Share, By End user (2019 and 2027)
Figure 22. Foodservice: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 23. Food Retail: Frozen Vegetables Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 24. North America: Frozen Vegetables Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. North America: Frozen Vegetables Market Revenue Share, by Type (2019 and 2027)
Figure 26. North America: Frozen Vegetables Market Revenue Share, by End User (2019 and 2027)
Figure 27. North America: Frozen Vegetables Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. US: Frozen Vegetables Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. Canada: Frozen Vegetables Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. Mexico: Frozen Vegetables Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in North American Country Markets
- Conagra Brands Inc.
- Goya Foods, Inc.
- B&G Foods, Inc.
- Cascadian Farm Organic
- Foodnet Ltd.
- Bonduelle
- Ardo
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Frozen Vegetables market.
- 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 Vegetables market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America Frozen Vegetables market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.