North America Frozen Fruits Market Current Status by Major Key Vendors and Trends by Forecast

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.

 

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Frozen Fruits Market Overview

Frozen fruits are picked at their peak ripeness, quickly frozen, and packaged in a nitrogen atmosphere to preserve their nutritional value. These fruits are known for their rich content of antioxidants, vitamins, and minerals, making them a popular choice for health-conscious consumers. The growing demand for frozen fruits in North America can be attributed to several factors, including their superior health benefits compared to fresh fruits. In addition, frozen fruits offer the convenience of longer shelf life and greater availability, which has further driven their popularity. The ease of access to frozen fruits, especially in comparison to fresh produce, has contributed significantly to the market’s growth in the region.

Impact of COVID-19 on the North America Frozen Fruits Market

The COVID-19 pandemic, which began in Wuhan, China, in December 2019, quickly spread worldwide, severely impacting the food and beverage industry. The North American market, especially the U.S., has experienced disruptions due to supply chain challenges, lockdowns, travel bans, and business closures. These factors have hindered the production and distribution of frozen fruits, causing delays and shortages. Additionally, the lockdowns have affected manufacturing processes, as well as research and development activities, within the food and beverage sector. These disruptions are expected to continue influencing the market in the short term.


About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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