The global Individual Quick Freezing market was valued at USD 16.67 billion in 2019 and is expected to reach USD 24.28 billion by the year 2027, at a CAGR of 5.5%. Increasing demand for frozen food, rapid expansion of retail food chains, rapid developments in freezing technologies and increasing demand for non-seasonal fruits and vegetables are the key factors stimulating the market growth significantly. Individual Quick Freezing (IQF) facilitates swift freezing of food items without crystal formation, which helps in keeping the food products dry when defrosted.
The COVID-19 pandemic has drastically altered the sectors of all the industry verticals across the world and has dynamically changed the economic scenario of the Individual Quick Freezing market. The report is furnished with extensive data on the market scenario and financial structure owing to the coronavirus pandemic. The report provides substantial data about the present and future impact of COVID-19 on the market. The report covers extensive analysis of present and future trends and the factors that are likely to influence the growth of the market in a post-pandemic scenario.
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The report offers an extensive analysis of the competitive landscape along with business overviews, expansion plans, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product and brand promotions, government and corporate deals, and partnerships, among others.
Leading Players Analyzed in the Report:
JBT (US), Products and Chemicals (US), MAREL (Iceland), Air Liquide (France), GEA (Germany), Air and Messer Group (Germany) The Linde Group (Germany), PATKOL (Thailand), OctoFrost Group (Sweden), Cryogenic Systems Equipment (US), Starfrost (UK), and Scanico (Denmark)
Equipment Type Outlook (Revenue, USD Billion; 2017-2027)
Spiral freezer, Tunnel freezer, Box freezer, Others (blast and plate freezers)
Processing Stages Outlook (Revenue, USD Billion; 2017-2027)
Pre-processing, Freezing, Packaging
Technology Outlook (Revenue, USD Billion; 2017-2027)
Mechanical IQF, Cryogenic IQF
Product Outlook (Revenue, USD Billion; 2017-2027)
Fruits & vegetables, Seafood, Meat & poultry, Dairy products, Convenience food
Key Regions Studied in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The Global Individual Quick Freezing Market imparts a deeper understanding of the Individual Quick Freezing market by providing a panoramic view of the industry vertical. Furthermore, to offer a better understanding of the competitive landscape, extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.
Further, the report is fragmented on the basis of product types offered in the market, application spectrum, and key regions of the Individual Quick Freezing market. The segments are studies based on current and emerging trends in the Individual Quick Freezing market. The regional segment covers the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The regions are studied for the production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.
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