A recent report published by Infinium Global Research on individual quick freezing (IQF) market provides in-depth analysis of segments and sub-segments in the global as well as regional individual quick freezing (IQF) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional individual quick freezing (IQF) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global individual quick freezing (IQF) market. According to the report, the global individual quick freezing (IQF) market is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.
The individual quick freezing is the process, which helps to freeze the edible products like fruits and vegetable, meat, dairy, and other products, and helps to retain its taste, color and texture are intact. Instant quick freezing technology is the only freezing technique, which helps to preserve most of the natural properties of the foodstuff. Owing to its several benefits its market is continuously growing around the world. The ice crystals formed through individual quick freezing methods inside the foodstuff cause less damage to the cell structure or texture. Further, the foodstuff preserved through the IQF method, need less time to unfreeze it, which helps to save the precious time of the consumers. Additionally, the food preserved through IQF has several other advantages such as high nutritive value, better freshness, convenience in handling and transportation and is more hygienic than fresh and dried foods.
The growing urbanization and increasing desire to cook at convenience among the millennial consumers are helping to grow the demand of the individual quick freezing market around the world. Further, growing awareness about the nutrition value of the IQF products compared to stale food products in the urban area is helping to grow the demand of the individual quick freezing market in the developing countries. However, the lack of basic infrastructure to support the individual quick freezing equipment such as electricity, road, skilled personnel are restricting the growth of the individual quick freezing market in the potential region. Moreover, the growing corporate culture in the developing countries, increasing double income household and lack of fresh vegetable in the urban area, owing to the slow movement of the edible items from farmers to consumers is helping to grow the demand of the individual quick freezing market in the developing countries.
Geographically, the individual quick freezing market is segmented into four regions, namely North America, Europe, the Asia-Pacific, and RoW. North America is the largest player of the individual quick freezing market, owing to the presence of a large number of food processing companies in this region. Further, the presence of several retail food chains and restaurant outlets, who needs a large amount of food and vegetables, meat and other edible items are helping to grow the individual quick freezing market at a good rate in this region. The Asia-Pacific’s individual quick freezing market is expected to grow at the highest CAGR during the forecast period, owing to the growing the demand of the individual quick freezing based products among the millennial consumers.
The report on global individual quick freezing (IQF) market covers segments such as equipment type, processing stages, technology, and product. On the basis of equipment type, the sub-markets include spiral freezer, tunnel freezer, box freezer, and other equipment types. On the basis of processing stages, the sub-markets include pre-processing, freezing, and packaging. On the basis of technology, the sub-markets include mechanical IQF, and cryogenic IQF. On the basis of product, the sub-markets include fruits & vegetables, seafood, meat & poultry, dairy products, and convenience food.
The report provides profiles of the companies in the market such as Scanico A/S, Cryogenic Systems Equipment, OctoFrost Group, PATKOL Public Company Limited, The Messer Group GmbH, Air Liquide S.A., Air Products and Chemicals, Inc., The Linde Group, GEA Group AG, and JBT Corporation.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of individual quick freezing (IQF) market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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