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Home Latest News

Global Frozen Vegetables Market 2019-2023 | Evolving Opportunities With B&G Foods Inc. and Conagra Brands Inc. | Technavio | Business

globalresearchsyndicate by globalresearchsyndicate
November 19, 2019
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LONDON–(BUSINESS WIRE)–Nov 19, 2019–

Technavio has been monitoring the global frozen vegetables market and the market is poised to grow by USD 7.20 billion during 2019-2023 at a CAGR of almost 5% during the forecast period. Request Free Sample Pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191119005918/en/

Technavio has announced its latest market research report titled global frozen vegetables market 2019-2023. (Graphic: Business Wire)

Read the 121-page research report with TOC on “Frozen Vegetables Market Analysis Report by Distribution Channel (Hypermarkets and supermarkets, Discount stores, Online, and Others), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 – 2023.”

The market is driven by the growth of the restaurant and food service industry. In addition, technological developments in the frozen vegetables market are anticipated to further boost the growth of the frozen vegetables market.

The preference for frozen vegetables over fresh vegetables is increasing in schools and hospital cafeterias, catering operations, fast food restaurants, and many other food service formats. The use of frozen vegetables are becoming an integral ingredient in cooking as they are convenient to use. In addition, they help the foodservice industry to boost the taste, quality, and nutritional benefits of food products. Moreover, the expansion of operations by many foodservice companies to increase their customer base is driving the demand and consumption of fresh vegetables. Thus, the growth of the restaurant and food service industry is expected to drive market growth during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Frozen Vegetables Market Companies:

B&G Foods Inc.

B&G Foods Inc. is headquartered in the US and operates the business under the segment: Shelf-stable and frozen foods. The company offers a range of frozen vegetables through its subsidiary Green Giant.

Conagra Brands Inc.

Conagra Brands Inc. is headquartered in the US and offers products through the following business units: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The company offers a range of frozen vegetables through its subsidiary Birds Eye.

General Mills Inc.

General Mills Inc. is headquartered in the US and operates under various business segments, namely North America Retail, Convenience Stores & Foodservice, Europe & Australia, and Asia & Latin America. The company offers a range of frozen vegetables through its subsidiary Cascadian Farm Organic.

Greenyard NV

Greenyard NV is headquartered in Belgium and offers products through the following business segments: Fresh, Long Fresh, and Horticulture. The company offers a range of frozen vegetables under the brand name Pinguin.

The Kraft Heinz Co.

The Kraft Heinz Co. is headquartered in the US and offers products through the following business segments: Condiments and sauces, Cheese and dairy, Ambient meals, Frozen and chilled meals, and Meats and seafood. The company offers a range of frozen vegetables through its subsidiary Wattie’s.

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Frozen Vegetables Distribution Channel Outlook (Revenue, USD Million, 2019 – 2023)

  • Hypermarkets and supermarkets
  • Discount stores
  • Online
  • Others

Frozen Vegetables Regional Outlook (Revenue, USD Million, 2019 – 2023)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Consumer Staplesare:

Frozen Food Market – Global Frozen Food Market by product (frozen ready meals, frozen meat and poultry, frozen fish and seafoods, frozen fruits and vegetables, frozen potato products, and frozen soups), and geography (APAC, Europe, MEA, North America, and South America).

Frozen Ready Meals Market – Global Frozen Ready Meals Market by product (frozen entrée, frozen pizza, and other frozen ready meals) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005918/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: RETAIL RESTAURANT/BAR FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/19/2019 03:30 PM/DISC: 11/19/2019 03:30 PM

http://www.businesswire.com/news/home/20191119005918/en

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