The IQF Vegetable Global Market Report 2023, provides comprehensive information on the IQF vegetable market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/iqf-vegetable-global-market-report
As per The Business Research Company’s IQF Vegetable Global Market Report 2023, the global IQF vegetable market size is expected to grow from $2.66 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global IQF vegetable market size is expected to grow to $3.51 billion in 2027 at a CAGR of 5.9%.
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Technological advancements are a key trend gaining popularity in the IQF vegetable market. Major companies operating in the IQF vegetable market are focused on technological advancements to strengthen their market position. For instance, in 2022, TOMRA, a Norway-based technology-led solutions provider for advanced collection and sorting systems and food processing, launched TOMRA 5C, a high-end sorting device for IQF produce equipped with BSI technology. The machine’s distinctive design includes unique high-resolution lasers and biometric signature identification (BSI) technology, which enables precise frozen vegetable sorting. By using BSI technology, the machine contrasts good and bad materials and even finds smaller defects.
The IQF vegetable market is segmented:
1) By Product Type: Leafy Vegetables, Beans, Potato, Onion, Tomato, Other Types
2) By Nature: Conventional, Organic
3) By Distribution Channel: Online Stores, Supermarkets or Hypermarket, Business to Business, Other Channels
4) By End User: Commercial, Residential
North America was the largest region in the IQF vegetable market in 2022.
The table of contents in TBRC’s IQF vegetable market report includes:
- Executive Summary
- IQF Vegetable Market Characteristics
- IQF Vegetable Market Trends And Strategies
- IQF Vegetable Market – Macro Economic Scenario
- IQF Vegetable Market Size And Growth
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- Africa IQF Vegetable Market
- IQF Vegetable Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The IQF Vegetable Market
- IQF Vegetable Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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