Tuesday, 18 August 2020

Individual Quick Freezer Market to See an Outstanding Growth during 2019-2027

 

  • The global demand for individual quick freezers is anticipated to grow in the near future, owing to its several benefits, including high nutritive value, freshness, and ease of transportation and handling.
  • The expanding food & beverages industry and modernization of agriculture are also fueling the growth of the global individual quick freezer market. These freezers work on the latest technology extending the shelf life of agro commodities by preserving their nutritional values and freshness.
  • Growth of both domestic and international market for raw fruits and vegetables and the fast food sector is creating opportunities for the expansion of the individual quick freezer market across the globe.
  • North America and Europe are witnessing high demand for frozen food products. Several agro commodity production countries are demanding these freezers, which helps them to store excess production. Asia Pacific and South America are emerging markets for individual quick freezers, owing to the increase in population and end-use industries.  

Rise in demand for raw fruits and vegetables, and growth of fast food sector anticipated to drive the global individual quick freezer market

  • There has been a significant growth of the fast food sector, especially of the Asia Pacific region, due to rise in disposable income and rapid urbanization. Economic development is boosting the consumption of food in emerging economies. This is expected to propel the demand for individual quick freezers in the near future. Moreover, expansion of tourism and food industries is driving several manufacturers to enter into agreements with hotels, airlines, food supply chains, etc. for business growth. This is anticipated the drive the market for individual quick freezer significantly during the forecast period.

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Growing awareness about high food quality and health to encourage individual quick freezer market growth.

  • Individual quick freezing technology is the only freezing technique, which can preserve most of natural values and nutrition of the food. Due to its several advantages, the individual quick freezing market is continuously growing across the globe. Moreover, rise in awareness about nutritional values of IQF food is driving the global market.

North America has dominated the global individual quick freezer market

  • Geographically, the global individual quick freezer market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the individual quick freezer market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the individual quick freezer market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America individual quick freezer market is segmented into Brazil, and Rest of South America.
  • North America and Europe are witnessing high demand for frozen food products. Several agro commodity production countries are demanding these freezers, which helps them to store excess production.
  • Asia Pacific and South America are emerging markets for individual quick freezers, owing to the increase in population and end-use industries.

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Key Players Operating in the Individual Quick Freezer Market:

The individual quick freezer market involve many international and regional vendors. Major players are focusing on various strategies for enhancing their position in global market.

Companies are expanding their product and service portfolio by acquiring local companies and startups. For instance, Air Liquide acquired Spain’s DiaLibre, a startup that specializes in diabetes care and offers personalized therapeutic support programs and medical follow-up for patients using upgraded methods.

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