According to IMARC Group latest report titled “GCC Frozen Fruits and Vegetables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on GCC Frozen Fruits and Vegetables market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The GCC frozen fruits and vegetables market reached a value of US$ 650 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 900 Million by 2027, exhibiting a CAGR of 5.5% during 2022-2027.
Frozen fruits and vegetables are a range of food items that are frozen at low temperatures. It is a long-term preservation method that inhibits the growth of micro-organisms and increases the shelf life of fruits and vegetables. This technique also aids in preserving the taste, texture, and nutritional value of foods. The fruits and vegetables are often stored in various forms, including sliced, whole, pureed and cubed.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Frozen fruits and vegetables are easy to prepare and are readily accessible during the off-season, which is increasing their demand among individuals. This represents one of the key factors driving the frozen fruits and vegetables market across the GCC region. Moreover, the growth of the online retail sector in the region has encouraged consumers to buy frozen fruits and vegetables conveniently at affordable price points. Other factors, including inflating disposable incomes and hectic lifestyles of consumers, are creating a positive outlook for the market in the region.
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GCC Frozen Fruits and Vegetables Market Segmentation:
Our report has categorized the market based on region, product type and distribution channel.
Market Breakup by Product Type:
- Frozen Fruits
- Frozen Vegetables
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
Market Breakup by Country:
- Saudi Arabia
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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