From GlobeNewswire: 2025-02-07 08:57:00

The frozen vegetables market is experiencing significant growth due to a rise in demand for healthy diets. The market is expected to reach $46.05 billion by 2031, with a 4.5% CAGR. Regions like Europe, Asia Pacific, and South & Central America are seeing a surge in vegetarian and vegan lifestyles, driving the market’s growth.

Frozen vegetables offer a convenient and nutritious option for consumers looking to adopt healthier and more sustainable dietary habits. They are versatile ingredients in plant-based meals and snacks, providing households with convenient options for preparing nutritious meals at home. The market is witnessing a rising preference for plant-based diets, especially in regions like Europe and North America.

With busy lifestyles leading to an increased reliance on convenient food options, frozen vegetables are perceived as nutritious alternatives to fresh produce. They are harvested at peak growth and flash-frozen to retain essential nutrients, vitamins, and antioxidants, making them an attractive option for health-conscious consumers. The market is expected to benefit from the rising concerns about food safety and access to fresh produce.

Europe led the market in 2023, followed by Asia Pacific and North America. Asia Pacific is projected to register the highest CAGR during the forecast period. Major companies in the market include General Mills Inc, Bonduelle SA, McCain Foods Ltd, Grupo Virto, and more. Trending topics in the industry include health and wellness focus, sustainability, and organic options.

The acquisition of Irish plant-based frozen food manufacturer Strong Roots by McCain Foods is a significant development in the market. The company also acquired Scelta Products, a frozen food producer from the Netherlands, expanding its product offerings. Other companies like B&G Foods and Hanover Foods are also making strategic moves to strengthen their positions in the market.



Read more at GlobeNewswire: Frozen Vegetables Market Size to Reach a Value of US$ 46.05