The modern lifestyle has distinctively shaped the dietary habits of the world. Demand for rare vegetables in off-seasons has led to the frozen vegetables market growth. The hard-to-find or afford fresh vegetables across the market are constantly supporting the frozen vegetables market. Moreover, the disposable income of rapidly urbanizing population coupled with advanced refrigeration technology and packaging is creating a growth in the frozen vegetable market. Since the advent of cryogenic freezing, the shelf life of frozen foods including vegetables has been extended without any preservatives. In July 2019, IceGen in alliance with JBT discovered an IceGen machine to bring advantages to juice or vegetable producers and exporters, by freezing the food without any refrigeration, keeping the color, overall quality, aroma, and taste intact. It also helps in transportation of the product without usage of any frozen storage machine. The makers are investing further on system to achieve equal success as a cold storage warehouse in freezing chunks of vegetables, without the 'frozen taste' that the consumers often complain about. Several other cryogenic technologies have surfaced, such as CCAR technology, ChillCan, and others that serve as a coolant and are less expensive than cryogen to produce frozen meal. These revolutionary technologies and food processing equipment will make a positive impact on the frozen vegetables market. Besides, Baba Ramdev's Patanjali Ayurveda, which became a brand name with its variety of herbal products plans to expand into the frozen vegetables sector.The global [FURL=https://www.industryarc.com/Research/Frozen-Vegetables-Market-Research-504881]frozen vegetables market[/FURL] size was evaluated at around $27.2 billion in 2018, which is expected to grow at a CAGR of 5.3%, during the forecast period 2019-2025.
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Frozen Vegetables Market Trends & Growth Drivers:
· The Rising Trend of Veganism Create a Notable Requirement for the Frozen Vegetables Market –
A charity named Veganuary has analyzed that 23,000 people tried the concept of veganism in January 2016, which escalated to over 100,000 people by 2018. This practice of adopting veganism is increasing regularly and creating an impact on the vegetable market. Therefore, with the rising need for vegetables, the frozen vegetables market will also witness a boost in the upcoming years.
· Growing concern for Food Wastage Drive the Frozen Vegetables Market –
Nearly one-third of the produced food for human consumption, which is around 1.3 billion tons, costing approximately $680 billion in industrialized countries and $310 billion in developing countries, get either lost or wasted. Hence, growing concern of food wastage has given rise to the frozen food industry, in which frozen vegetables market comprises a major part. Hence, the frozen vegetables market will witness a considerable growth to minimize the food wastage.
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