Global IQF fruit market expected to reach $8B in 2016
North America remains the largest market for IQF fruit, with a share of close to 40% in the global market.
Worldwide consumption of individually-quick frozen (IQF) fruits is expected to reach 2.3 million ton, according to a study released by Persistence Market Research, New York.
The global health-and-wellness trend will continue to influence the demand for IQF fruits, with global revenues expected to reach close to $8 billion in 2016. Rising awareness on the potential impact of artificial additives and ingredients plays a key role in shaping up consumer behavior, with uptake of natural and organic products witnessing an upsurge. Demand for IQF fruits will especially be strong in the bakery and confectionery sector, where IQF is gaining traction over other preservation methods, such as canning or drying.