Middle East And Africa IQF Fruits market

Middle East And Africa IQF Fruits Trends, Price, Share, Growth and Forecast
From 2016-2021
The Middle East and Africa IQF Fruits and Vegetables Market was worth USD 0.77
billion in 2016 and estimated to be growing at a CAGR of 4.91%, to reach USD 0.97 billion
by 2021. Individual quick freezing (IQF) is a technology through which fresh fruits and
vegetables are freeze at very low temperature (-30°C to - 40°C). This process enables to
preserve fresh fruits and vegetables for a longer period of time even more than a year
maintaining the same colour, flavor and texture till it lasts. IQF fruits and vegetables are
stored at low temperature or in the refrigerator. IQF technology is ideal for preserving
seasonal fruits and vegetables. IQF fruits and vegetables comprise same nutritional value
after freezing as it possesses in a fresh form which is supporting its growth worldwide. Also,
easy storage properties and availability at a low price are expected to drive the demand for
IQF fruits and vegetables across the globe.
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The frozen fruits and vegetables market in the world contributes a meager percentage to
the total consumption of fruits and vegetables. In the developed markets like the Middle
East and Africa and US, frozen vegetables are 10% to the total vegetable consumption. In
the underdeveloped and developing markets, its share is much lower. However, in the
recent years, this category has gained importance due to some basic advantages it offers in
comparison to fresh fruits and vegetables. With a strong back up from the technological
innovations, the advantages of frozen fruits and vegetables have made it much more
reachable and affordable to the consumers around the globe.
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Market Segmentation
Retail Outlets
Online Stores
End Users
Food Manufacturers
The major factors affecting the Middle East and Africa IQF Fruits and Vegetables
Market include the fast-paced modern lifestyles that have led consumers to look for easy
and hygienic fruit products that eliminate the conventional hassles of cleaning and chopping
fresh fruits. Other factors include growing inclination towards healthy food, technological
advancements in packaging and longer shelf life. Moreover, increasing demand for food
manufacturers for preserving food product for a longer period so that they could use it as an
ingredient in their final product is also fuelling the demand of IQF fruits and vegetables
market during the forecast period. As for the restraints, there are none except for the slight
difficulty in manufacture.
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The Middle East and Africa IQF Fruits and Vegetables market is broadly classified by
Type into Fruits which include Berries, Bananas, Mango, Apple, Papaya, Pineapple, Kiwi
and Others and Vegetables which include Carrots, Beans, Peas, Corn, Potato, Broccoli,
Cauliflower and Others, by Distribution into Retail Outlets, Online Stores and Hypermarkets
and based on End Users Hotels/Catering and Food Manufacturers. Based on geography,
the Middle-East & Africa market is analyzed under regions of Middle-East and Africa. The
major countries in the region are UAE, Saudi Arabia, Qatar, Egypt and South Africa. The
region is the smallest market globally with a growth rate that is also below average.
TheMiddle East and Africa IQF Fruits and Vegetables Market highly competitive with a
large number of players. Key market players dominating the market with their products are
SunOpta Inc, Fruktana Ltd, Capricorn Food Products India Ltd., Breukers Schamp Foods,
Alasko Foods Inc, AXUS International LLC, Rasanco Ltd and Nimeks Organics among
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Middle East and Africa IQF Fruits and Vegetables Market was worth USD 0.77 billion in 2016 and estimated to be growing at a CAGR of 4.91%, to reach USD 0.97 billion by 2021.