IQF Vegetable Market is Expanding Rapidly with Promising Growth Prospects
The IQF vegetable market was worth close to US$ 1.68 billion globally. The rise of numerous large retail chains, changes in eating habits, and changes in lifestyle are all contributing to the rapid growth of the IQF vegetable business. As a result, it is projected to have produced US$ 2.81 billion by 2033 and to grow at a 4.8% annual rate from 2023 to 2033.
The market for IQF vegetables is increasing as a result of evolving technological developments, attractive packaging, simple storage, and general availability. Market sales have increased dramatically as a result of the availability of balanced refrigeration solutions and linked retail locations. Local mid- and small-sized farms provide the majority of the product portfolios in this market.
Younger people are increasingly searching for foods that can be kept, consumed right away, and also have a longer shelf life since they are actively involved in numerous professional responsibilities across the world, especially in emerging nations like China and India. In order to save time on a daily basis chopping and buying vegetables, working millennials opt to purchase IQF vegetables. The increase in demand for IQF vegetables appea