Individual Quick Freezer Market – Industrial product used by farmers and food processing industries for keeping fruits and raw vegetables fresh.
- 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.
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.
Major players in the global individual quick freezer market are making considerable investments in R&D facilities to widen their product portfolio to meet changing customer preferences.
A few of the key players operating in the global individual quick freezer market are:
- Advanced Equipment Inc.
- Cryogenic Systems Equipment
- Messer Group GmbH
- Air Liquide
- Air Products and Chemicals
- GEA Group Aktiengesellschaft, etc.
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Global Individual Quick Freezer Market: Research Scope
Global Individual Quick Freezer Market, by Technology
Global Individual Quick Freezer Market, by Application
- Fruits & Vegetables
- Sea foods
- Meat & Poultry
- Dairy Products
The report on the global individual quick freezer market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.