Global Individual Quick Freezing Market to See High CAGR Growth of 6.1% by 2026


Posted August 12, 2019 by peeterdbmr

The global individual quick freezing market is expected to reach USD 26.8 Billion by 2025, from USD 16.7 Billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025.

 
The global individual quick freezing market is expected to reach USD 26.8 Billion by 2025, from USD 16.7 Billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. This market report defines the market trends and forecast the upcoming opportunities and threats of individual quick freezing market in the next 8 years. The frozen food industry includes manufacturing of frozen fruits, juices, vegetables, and frozen specialty foods. In Quick freezing, small ice crystals form within the product which maintains extended shelf life.

Most foods can be preserved for a long time if they are frozen quickly and kept at a low temperature until ready for use. Quick freezing method prevents breakage of the cell walls as the freezing process is so quick. Hence, in quick-frozen food flavor, color and firmness are retained. Companies in the IQF market are focused on developing enhanced technology for preserving food products against other methods such as drying or canning. There is an increased inclination of consumer towards healthy food with high nutritional value and long shelf-life.

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Competitive Analysis: Global Individual Quick Freezing Market

The global individual quick freezing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global individual quick freezing market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Individual Quick Freezing Market

Some of the major players operating in the global individual quick freezing market are Marel, JBT, GEA Group, The Linde Group, Air Products and Chemicals, Inc., Air Liquide, PATKOL, Cryogenic Systems Equipment, Starfrost, Scanico, Messer Group, Octofrost, Uren Food Group Limited, Dirafrost , INVENTURE FOODS, SunOpta, Cal Pacific Specialty Foods, Capricorn Food Products India Ltd. Ravifruit, Milne MicroDried, Primlaks, Shimlahills , Fruktana, bsfoods, Alasko , AXUS International, LLC. among others.

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Market Segmentation: Global Individual Quick Freezing Market

• By Equipment Type (Spiral Freezer, Tunnel Freezer, Box Freezer, Others),
• By Processing Stages (Pre-Processing, Freezing, Packaging),
• By Technology (Mechanical IQF, Cryogenic IQF),
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Major Market Drivers and Restraints:

• Growth in consumer demand for storage of perishable foods.
• Increase in demand for non-seasonal food products.
• Development and expansion of food retail chains by multinationals.
• Environmental concerns regarding greenhouse gas emissions.
• Strict regulations associated with food safety.

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Last Updated August 12, 2019