Study: Global IQF fruits market expected to reach $13.4B by 2028
The increasing tendency for developing countries to adapt to food trends has resulted in the worldwide growth of ready-to-eat food products.
The global individually-quick frozen (IQF) fruits market is projected to register a CAGR of 5% during the forecast period, according to analysis by Persistence Market Research, New York.
The report, “IQF Fruits Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028,” reveals that the red fruits and berries segment is expected to maintain its dominance in the IQF fruits market, with a significant CAGR of 5.1% during the forecast period. The increasing tendency for developing countries to adapt to food trends has resulted in the worldwide growth of ready-to-eat food products. IQF fruits are also prominent due to the fact that each single piece of fruit is individually frozen from the others, making it ideal for many end uses and applications.