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The expansion of retail food chains, demand for frozen food, technological innovations in the packaging industry, government initiatives is the key factors contributing to the growth of the market during the forecast period.<br><br>
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Individual Quick Freezing (IQF) Market To Reach USD 23.65 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary The expansion of retail food chains, demand for frozen food, technological innovations in the packaging industry, government initiatives is the key factors contributing to the growth of the market during the forecast period. Individual Quick Freezing (IQF) Market Size – USD 15.89 Billion in 2018, Market Growth - CAGR of 5.85%, Market Trends –Increase in usage of IQF in food and beverage industry, Growing number of IQF manufacturers
Our Approach Market Summary According to the current analysis of Reports and Data, the global Individual Quick Freezing market was valued at USD 15.89 Billion in 2018 and expected to reach USD 23.65 Billion by the year 2026, at a CAGR of 5.85%. The primary consideration for deep-freezing is the rate at which the temperature of the food is reduced, whether it is meat, vegetables, or baked products. Longer the freezing process takes, the more time there is for the water moslecules contained in the food to come together to form large ice crystals. These can pierce the cell membranes and damage the tissue, with the result that the frozen food loses its form and structure while vitamins, nutrients, and flavors are also lost. Growing consumer demand for ready to eat meals across the globe is propelling the individual quick freezing (IQF) industry, and the increasing availability of non-seasonal food commodities is expected to have a strong influence on the individual quick freezing (IQF) industry. Furthermore, the development and expansion of retail food chains in the advanced countries are also predicted to influence the individual quick freezing (IQF) industry significantly. Increasing government initiatives to minimize food wastage is forecasted to produce more possibilities for key players in the industry. Key participants include MAREL (Iceland), JBT (US), Products and Chemicals (US), Air Liquide (France), GEA (Germany), The Linde Group (Germany), Air and Messer Group (Germany). The other companies which are profiled include PATKOL (Thailand), OctoFrost Group (Sweden), Cryogenic Systems Equipment (US), Starfrost (UK), and Scanico (Denmark). To Get Sample Copy of Report visit: https://www.reportsanddata.com/sample-enquiry-form/2664
Our Approach Market Summary Equipment Type (Revenue, USD Million; 2016–2026) Spiral freezer Tunnel freezer Box freezer Others (blast and plate freezers) Processing Stages (Revenue, USD Million; 2016–2026) Pre-processing Freezing Packaging Technology (Revenue, USD Million; 2016–2026) Mechanical IQF Cryogenic IQF Product (Revenue, USD Million; 2016–2026) Fruits & vegetables Seafood Meat & poultry Dairy products Convenience food
Our Approach Market Summary Further key findings from the report suggest Based on product, IQF fruits and vegetable markets cover the maximum segment as technological advancements and benefits of IQF fruits and vegetables has resulted in easy accessibility and affordability to the shoppers. The fast-paced routine has headed the consumer's inclination towards hygienic and no chemically altered fruit and vegetable products that eradicate the typical troubles of chopping and cleaning, thereby driving the IQF fruits and vegetable market on a more significant basis. The North American segment is anticipated to grow at a very healthy CAGR during the forecast period. The countries covered within the North American area are expected to be the fastest-growing markets for individual quick chilling, due to the growing amount of investments in various technologies of food processing by different individual quick chilling equipment manufacturers and exposure to consumer preference for brand's unique taste, and zest is anticipated to drive this particular quick freezing (IQF) market over the following few years in North America. View press release for more information @ https://www.globenewswire.com/news-release/2020/03/24/2005774/0/en/Individual-Quick-Freezing-IQF-Market-To-Reach-USD-23-65-Billion-By-2026-Reports-and-Data.html
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