FROZEN PINEAPPLE MARKET REPORT OVERVIEW
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The global frozen pineapple market size was USD 71 million in 2020 and the market is projected to touch USD 103.3 million by 2027, exhibiting a CAGR of 2.8% during the forecast period.
Frozen pineapple is a type of food product made from frozen fresh pineapple slices or chunks. It is frequently used in dishes such as fruit cups and smoothies. The global demand for frozen pineapples from supermarkets/hypermarkets, convenience shops, individual merchants, and internet sales channels is responsible for the market's expansion. Furthermore, this industry is expanding because to the rising need for quick and accessible healthy meal options.
COVID-19 Impact: Surge in Demand for Organic Products in the Phase of COVID-19 Surged Up the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
COVID-19 has had a complicated and wide-ranging effect on the food business, which includes frozen fruits like pineapple. The market has been impacted by a number of issues, including limitations on food service facilities, shifts in customer behavior, and interruptions in the supply chain.
LATEST TRENDS
"Cayene, Queen and Red Spanish these Varieties of Pineapples to Refurbish the Market Growth"
Cayenne Cold-Pressed A kind of pineapple with a fiery taste and a red hue is called a pineapple. Food items like ice cream and frozen drinks have it as an ingredient. The pulp and seeds of cayenne pineapples are used to make nutritional supplements. The best kind of pineapple is the frozen Queen kind, which keeps better than normal pineapples. Additionally, it has more meat and less sugar, as well as fewer seeds. Compared to typical pineapples, the skin of a queen pineapple is thicker, more fibrous, and tastes less sweet. Rich in minerals, fiber, and vitamins C and A, it aids enhance digestion and keeps constipation at bay for those who frequently take it.
Supermarkets and convenience stores are the usual places to get Queen Frozen Pineapples, however they may also be purchased online. A kind of pineapple with a red hue is called Red Spanish Frozen Pineapple. Generally speaking, it is smaller and tastes sweeter than other pineapple cultivars.The most popular uses for it are in frozen sweets like sorbet and ice cream.
Supermarkets and convenience stores are the usual places to get Queen Frozen Pineapples, however they may also be purchased online. A kind of pineapple with a red hue is called Red Spanish Frozen Pineapple. Generally speaking, it is smaller and tastes sweeter than other pineapple cultivars.The most popular uses for it are in frozen sweets like sorbet and ice cream.
FROZEN PINEAPPLE MARKET SEGMENTATION
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- By Type
Based on type the global market can be categorized into pineapple chunks, pineapple dices and others.
Pineapple Chunks: These are little pineapple chunks. Easy to eat as a snack, toss into fruit salads, or use in smoothie and dessert dishes.
Pineapple dices: Pieces that are smaller and more even than chunks. Ideal as a garnish or in recipes calling for smaller pieces of fruit.
Others: There are pineapple slices that have had their cores removed and frequently have a hole in the middle. Pineapple Tidbits: little pineapple bits the size of a bitty nibble. a coarsely chopped or crushed pineapple. Pureed pineapple, achieved via blending to a smooth consistency.
- By Application
Based on application the global market can be categorized into retail, food service, industrial and others.
Retail: Customers may frequently buy frozen pineapple in retail establishments to use at home. It makes creating smoothies, desserts, and snacks easier for customers because it is available in several cuts including chunks, rings, and diced.
Food service: Frozen pineapple is frequently used in the kitchens of cafes and restaurants to prepare both savory and sweet meals. It is a great addition to drinks, salads, desserts, and major dishes.
Industrial/Manufacturing: A vital component of the food processing sector is frozen pineapple. Fruit blends, juices, canned fruit, frozen sweets, and baked goods are just a few of the culinary products that are made using it.
DRIVING FACTORS
"Growing Demand for Frozen Foods to Brace Up the Market Growth"
The global frozen pineapple market is anticipated to grow due to rising consumer awareness of different frozen fruits and therefore growing demand for frozen pineapples worldwide. A busy lifestyle and an increase in the worldwide working population are two factors that are anticipated to fuel the expansion of the frozen pineapple market globally over the projected period. It is anticipated that during the forecast period, advancements in logistics and packaging—such as the development of techniques to utilize air temperature for maximum shelf-life and to shield products from damage, cuts, abrasions, bruising, and crushing—will push industry participants to boost production and enhance the supply chain.
"Increasing Demand for Product made of Organic Pineapple to Intensify the Market Growth"
The desire for organic pineapple fruits is mostly to blame for the surge in demand. In many growing nations, changes in lifestyle have led to a growth in the processing of fresh organic fruit. Living a life centered around work and with little time for personal growth is becoming the standard. People's fast-paced lifestyles take into account how little time they have for a healthy dinner. Customers are therefore drawn to processed goods that are ready to eat. In today's fast-paced culture, it is now one of the most crucial needs. Customers have a strong need for organic pineapples in diced, pulped, and juiced forms as well as quick dehydrated powder.
RESTRAINING FACTORS
"Reduced Nutritional Value of the Fruit to Hold Back the Market Growth"
Fresh vegetables and processed meals that are sold to consumers have far less nutritional content and overall quality. Because there are inadequate contemporary storage and processing facilities in many regions of the world, including developing nations, these losses are very severe. Fruit ripening, senescence, and deterioration are strongly influenced by endogenous factors. Increased water loss and postharvest deterioration are the results of damage done to fresh fruits and goods. Significant quality losses result from bruising, crushing, abrasions, cuts, and punctures. Fruit quality loss during postharvest handling is caused by dehydration, deterioration, and physiological breakdown. During the forecast period, quality loss during postharvest handling is expected to negatively impact the market. However, the issues with loss in nutritional value may restrict the worldwide frozen pineapple market growth.
FROZEN PINEAPPLE MARKET REGIONAL INSIGHTS
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"Asia Pacific to dominate the Market owing to Increasing Demand for Organic Foods "
The market is primarily segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
With more than half of the worldwide frozen pineapple market share in terms of sales, Asia Pacific led the way. Because of shifting lifestyle preferences in nations like China and India and rising levels of disposable income, Asia Pacific is anticipated to develop at the quickest rate throughout the projection period. The region's dominance is anticipated to last during the projection period as a result of rising consumer knowledge of the health advantages of frozen fruits, including lower levels of saturated fat and cholesterol. Additionally, growth in the upcoming years is probably going to be driven by the growing demand for organic food goods.
KEY INDUSTRY PLAYERS
"Notable Market Players Shaping the Market and Contributing in the Market Expansion"
Due to their significant market influence, major market players are essential for understanding consumer preferences and industry dynamics. Because of these big companies' extensive retail networks and online platforms, customers may easily browse through an enormous variety of clothing selections. Due to their strong global presence and well-known brand, which have also strengthened customer loyalty and confidence, product adoption has increased.
List of Market Players Profiled
- Dole (Ireland)
- Ardo NV (Belgium)
- Earthbound Farm (U.S.)
- Harbin Gaotai Food Co. (China)
- Fresh Del Monte (U.S.)
- SunOpta (Canada)
- Tropical Paradise Fruits Co. (U.S.)
- Siam Inter Sweet Co.,Ltd. (Thailand)
- MDC Foods (U.K.)
INDUSTRIAL DEVELOPMENT
- March 2021: The Dole Company had 109,000 acres (44,000 ha) of farmland and real estate in addition to over 250 processing and distribution facilities located across the world. The business is divided into four segments: Diversified Fresh Produce in Europe, the Middle East, and Africa; Diversified Fresh Produce in the Americas and other world regions, accounting for 37% of 2020 revenues; Fresh Fruit, which includes bananas and pineapples and accounts for about 35% of 2020 revenues; and Fresh Vegetables, which accounts for 29% of 2020 revenues. Bananas, pineapples, grapes, berries, citrus and deciduous fruits, and vegetable salads are all grown and sold by Dole.Dole has a 13-vessel shipping line that it uses to export commodities to Latin America and import its own crops.
REPORT COVERAGE
The research provides forecasts for future market expansion in addition to a comprehensive SWOT analysis. It examines a wide range of market classifications, potential uses, and important factors that fuel the market's expansion in order to determine how the industry develops over the next several years. By considering both historical turning points and current trends, the research offers a thorough picture of the market's components and highlights potential growth prospects.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 71 Million in 2020 |
Market Size Value By |
US$ 103.3 Million by 2027 |
Growth Rate |
CAGR of 2.8% from 2020 to 2027 |
Forecast Period |
2022-2027 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the frozen pineapple market expected to touch by 2027?
The global frozen pineapple market is expected to reach USD 103.3 million by 2027.
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What CAGR is the frozen pineapple market expected to exhibit by 2027?
The frozen pineapple market is expected to exhibit a CAGR of 2.8% by 2027.
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Which are the driving factors of the frozen pineapple market?
Growing demand for frozen foods and increasing demand for the products made of organic pineapples are some of the driving factors of the frozen pineapple market.
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What are the key frozen pineapple market segments?
The frozen pineapple market segmentation that you should be aware of, which include, Based on type the market is classified as pineapple chunks, pineapple dices and others. Based on application the market is classified as retail, food service, industrial and others.