The global IQF fruit market is expected to reach 14.8 billion US dollars by 2026


Posted April 25, 2018 by OctoFrost

The global IQF market revenues are expected to witness a CAGR of 6.5% between 2016 and 2026, while the global IQF fruit market revenues are expected to witness a growth from 7.4 billion dollars in 2015 to 14.8 billion dollars in 2026.

 
The worldwide wellness and health trend will continue to influence the demand for IQF fruit, and global revenues were expected to reach 8 billion US dollars by 2016. The rising awareness on the potential impact of artificial ingredients and additives is playing a major role in shaping up the behavior of customers, increasing the preference for natural and organic products.

The demand for IQF fruit will be strong especially in the confectionary and bakery sector, where the Individual Quick Freezing method is gaining an important advantage on other preservation methods, such as drying or canning.

The global IQF fruit market will also be positively influenced by the increasing industrial demand for frozen fruit as a raw material. Moreover, the rising adoption among dairy companies and even pet food producers is also anticipated to drive the growth of the worldwide IQF fruit market.

The global IQF market revenues are expected to witness a CAGR of 6.5% between 2016 and 2026, while the global IQF fruit market revenues are expected to witness a growth from 7.4 billion dollars in 2015 to 14.8 billion dollars in 2026. The rising consumer awareness on health and wellness is expected to sustain this growth, while the advancement in IQF technology, combined with a higher adoption in populous countries in the Asia-Pacific region is expected to offer new possibilities to manufacturers.

By product type, strawberry will continue to hold the dominant revenue share, with blueberries revenues expecting to witness a strong year-to-year growth, of around 10%. The increasing demand for berries, as an ingredient in smoothies, will continue to support the growth of the market.

North America is the largest market for IQF fruit and it was expected to reach about 870.000 tons in 2016, a year-to-year growth of 5,9% compared to 2015. The increasing purchasing power, the rising awareness of customers, and the availability of a wide range of flavors will propel the growth further. Meanwhile, Western Europe will maintain its position as the second largest market for IQF fruit.

The OctoFrostTM IQF tunnel freezer, the best solution for IQF fruit

If you invest in an OctoFrostTM IQF tunnel freezer, you will benefit from its multiple innovative technical features and you will obtain premium IQF fruit, which can be sold at a premium price. Food safety is the number one priority in the food industry today. By using the OctoFrostTM, there will be zero risks of cross-contamination between different batches of IQF fruit, since the freezer has rounded corners, sloping surfaces, and removable bedplates, which make cleaning easy and maintain a high standard of food safety.

Another advantage of the OctoFrostTM freezer is that its moving bedplates ensure the gentle handling and optimal separation of IQF fruit. The end result will be a premium product, with a natural appearance, while dehydration is minimal, and the shape, volume, color, and smell of the product are perfectly preserved.
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Issued By octofrost
Website IQF fruit
Country Sweden
Categories Food
Tags iqf fruit
Last Updated April 25, 2018