Individual Quick Freezing Market - Forecast(2024 - 2030)

Report Code: FBR 61124 Report Format: PDF + Excel

Individual Quick Freezing Market Overview

Individual Quick-Freezing Market size is forecast to reach $23.17 billion by 2025, growing at a CAGR of 6.0% during the forecast period 2020-2025. Increasing demand for the frozen food items along with the development and expansion of food retails chain are the major factors driving the growth of the market. Growth in consumer demands for storage of perishable food and increase in demand for non-seasonal food products is set to further enhance the overall market demand of individual quick-freezing market during the forecast period 2020-2025. 

Report Coverage

The report: “Individual Quick-Freezing Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Individual Quick-Freezing Market. 

By Equipment: Spiral Freezer, Tunnel Freezer, Box Freezer and Others
By Processing Stages: Pre-Processing, freezing, and Packaging
By Technology – Mechanical IQF, Cryogenic IQF
By Products - Fruits & vegetables, Seafood, Meat & poultry, Dairy products, and Convenience Food
By Geography- North America, Europe, Asia Pacific, and Rest of the world.

Key Takeaways

  • North America dominated the Individual Quick-Freezing Market in 2019 owing to the rising consumer preference towards frozen food products and the presence of key manufacturers of individual quick freezing equipment’s. The Individual Quick Freezing Market scope for different regions will be provided in the final report.
  • Increasing availability of non-seasonal food commodities and growing consumer demands for ready to eat meals is likely to aid in the market growth of Individual quick freezing market.
  • Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the Individual Quick Freezing Market report.
  • Strict regulations associated with the food safety and the massive environmental concerns regarding greenhouse emissions is poised to create hurdles for the individual quick freezing market.

Technology- Segment Analysis

The Cryogenic IQF segment held the largest share in the individual quick-freezing market in 2019 and is estimated to grow at a CAGR of 5.61% during the forecast period 2020-2025. Cryogenic IQF is a method that involves spraying or immersing the food directly with liquid nitrogen or carbon dioxide. The product is frozen almost instantly, while the refrigerant is lost to the atmosphere. Cryogenic freezing equipment generally requires lower up front capital costs when compared with mechanical freezing equipment of the same capacity. Cryogenic freezing is most often used for individual quick frozen (IQF) products, such as individual chicken wings, frozen peas or other bulk packaged food items where it is important to maintain individual pieces. It is sometimes chosen where space is limited or as a lower cost means of getting a new product to market quickly. Cryogenic IQF is estimated to be the highest growing segment in the forecast period 2020-2025.

Product- Segment Analysis

The Food and vegetables segment held the largest share in the individual quick freezing market in 2019 owing to the easy accessibility and affordability to the shoppers. Consumers are moving towards hygienic and no chemically altered fruits and vegetables products owing to the chopping and cleaning. Individual quick freezing helps in the retention of food quality and extends the storage life of food whose water content is high in the retention of food quality. Rising consumer preference towards longer shelf-life, healthy food and technological innovations in packaging is set to additionally fuel the expansion of the individual quick-freezing fruits and vegetable market. Fruits & vegetables is estimated to be the fastest growing segment in the forecast period 2020-2025.

Geography - Segment Analysis

North America dominates the individual quick freezing market with a share of more than 42% followed by Europe. This is mainly owing to the increasing number of fixed investments in various technologies of food processing by various individual quick freezing equipment manufacturers and exposure to consumer preference for new taste and flavors. In North America, individual quick freezing market is increasing with the increase in number of populations along with the changing food preferences and tastes among people of different age groups. Busy lifestyle and the growing consumer awareness have also inclined customer towards the hygienic and easily available foods. 
However, Europe is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increase in demand for non-seasonal food products. Rising consumer demand for storage of perishable foods and increasing availability of non-seasonal food commodities is boosting the growth of the individual quick freezing market in the Europe region.

Drivers – Individual Quick Freezing Market

Increasing in demand for the frozen food items

The increase in the number of consumers for frozen food products across the globe has led to an increase interest among the manufacturers to provide frozen food items owing to extended shelf-life and quality. The method of preparing frozen food are that the process isn’t time consuming and it prevents the formation of large ice crystals in the product cells. Increase in demand for the frozen food items is poised lead towards the change in business of food products retailers and manufacturers. Increased inclination of consumers towards healthy food including high nutritional value is driving the growth of the individual quick freezing market.

Growing consumer demands for storage of perishable food

The increase in the number of consumers for frozen food products is set to increase the interest of the manufacturers to provide frozen foods along with the storage of perishable food. Frozen food ensures non-seasonal year-round availability, minimizes wastage and is less likely to deteriorate in storage .It is less perishable than fresh or chilled food, and is easier to use.

Challenges – Individual Quick Freezing Market

The massive environmental concerns regarding greenhouse gas emissions

Some of the factors which can impede the growth of the individual quick freezing market is the massive environmental concerns regarding greenhouse gas emissions and the strict regulations associated with the food safety.

Individual Quick Freezing Industry Outlook

Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the individual quick freezing market. In 2019, Individual Quick Freezing Market share is consolidated by the top ten players present in the market. Individual Quick Freezing, top 10 companies are Air Liquide, GEA, JBT Corporation, Marel, Messer Group,Octofrost Group,Patkol,Scanico,Starfrost and The Linde Group among others.

Acquisitions/Product Launches

  • In May 2019, JBT Corporation, an American-based Food Processing Machinery Company has announced its acquisition with Proseal which is a UK-based tray sealing technology solutions provider.
  • In July 2017, Octofrost Group, Sweden-based individual quick frozen freezer tunnels manufacturer has announced its acquisition with Innotec Systems, Dutch-based food processing machinery manufacturer.
For more Food and Beverage Market reports, please click here

1. Individual Quick Freezing Market Overview
    1.1 Definitions and Scope
2. Individual Quick Freezing Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Equipment Type
    2.3 Key trends by Product
    2.4 Key trends by Geography
3. Individual Quick Freezing Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Individual Quick Freezing Market - Startup Companies Scenario (Premium)
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Individual Quick Freezing Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Individual Quick Freezing Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Individual Quick Freezing Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Individual Quick Freezing Market – By Equipment Type (Market Size –$Million/$Billion)
    8.1 Spiral Freezer
    8.2 Tunnel Freezer
    8.3 Box Freezer
    8.4 Others
9. Individual Quick Freezing Market – By Processing Stages (Market Size –$Million/$Billion)
    9.1 Pre Processing
    9.2 Freezing
    9.3 Packaging
10. Individual Quick Freezing Market – By Technology (Market Size –$Million/$Billion)
    10.1 Mechanical IQF
    10.2 Cryogenic IQF
11. Individual Quick Freezing Market – By Product (Market Size –$Million/$Billion)
    11.1 Fruits & Vegetables
        11.1.1 Peas & Beans
        11.1.2 Berries
        11.1.3 Others
    11.2 Seafood
        11.2.1 Shrimp
        11.2.2 Fish Fillets
        11.2.3 Others
    11.3 Meat & Poultry
        11.3.1 Chicken & Chicken Products
        11.3.2 Diced Meats
        11.3.3 Others
    11.4 Dairy Products
        11.4.1 Milk Based Products
        11.4.2 Cheese
    11.5 Convenience Food
12. Individual Quick Freezing Market - By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Individual Quick Freezing Market - Entropy
14. Individual Quick Freezing Market – Industry/Segment Competition Landscape (Premium) 
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Best Practices for Companies
15. Individual Quick Freezing Market – Key Company List by Country Premium (Premium)
16. Individual Quick Freezing Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Individual Quick Freezing Market By Eqipment Type Market 2019-2024 ($M)
1.1 Spiral Freezer Market 2019-2024 ($M) - Global Industry Research
1.2 Tunnel Freezer Market 2019-2024 ($M) - Global Industry Research
1.3 Box Freezer Market 2019-2024 ($M) - Global Industry Research
2.Global Individual Quick Freezing Market By Processing Stages Market 2019-2024 ($M)
2.1 Pre-Processing Market 2019-2024 ($M) - Global Industry Research
2.2 Freezing Market 2019-2024 ($M) - Global Industry Research
2.3 Packaging Market 2019-2024 ($M) - Global Industry Research
3.Global Individual Quick Freezing Market By Technology Market 2019-2024 ($M)
3.1 Mechanical IQF Market 2019-2024 ($M) - Global Industry Research
3.2 Cryogenic IQF Market 2019-2024 ($M) - Global Industry Research
4.Global Individual Quick Freezing Market By Eqipment Type Market 2019-2024 (Volume/Units)
4.1 Spiral Freezer Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Tunnel Freezer Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Box Freezer Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global Individual Quick Freezing Market By Processing Stages Market 2019-2024 (Volume/Units)
5.1 Pre-Processing Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Freezing Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 Packaging Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Individual Quick Freezing Market By Technology Market 2019-2024 (Volume/Units)
6.1 Mechanical IQF Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Cryogenic IQF Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Individual Quick Freezing Market By Eqipment Type Market 2019-2024 ($M)
7.1 Spiral Freezer Market 2019-2024 ($M) - Regional Industry Research
7.2 Tunnel Freezer Market 2019-2024 ($M) - Regional Industry Research
7.3 Box Freezer Market 2019-2024 ($M) - Regional Industry Research
8.North America Individual Quick Freezing Market By Processing Stages Market 2019-2024 ($M)
8.1 Pre-Processing Market 2019-2024 ($M) - Regional Industry Research
8.2 Freezing Market 2019-2024 ($M) - Regional Industry Research
8.3 Packaging Market 2019-2024 ($M) - Regional Industry Research
9.North America Individual Quick Freezing Market By Technology Market 2019-2024 ($M)
9.1 Mechanical IQF Market 2019-2024 ($M) - Regional Industry Research
9.2 Cryogenic IQF Market 2019-2024 ($M) - Regional Industry Research
10.South America Individual Quick Freezing Market By Eqipment Type Market 2019-2024 ($M)
10.1 Spiral Freezer Market 2019-2024 ($M) - Regional Industry Research
10.2 Tunnel Freezer Market 2019-2024 ($M) - Regional Industry Research
10.3 Box Freezer Market 2019-2024 ($M) - Regional Industry Research
11.South America Individual Quick Freezing Market By Processing Stages Market 2019-2024 ($M)
11.1 Pre-Processing Market 2019-2024 ($M) - Regional Industry Research
11.2 Freezing Market 2019-2024 ($M) - Regional Industry Research
11.3 Packaging Market 2019-2024 ($M) - Regional Industry Research
12.South America Individual Quick Freezing Market By Technology Market 2019-2024 ($M)
12.1 Mechanical IQF Market 2019-2024 ($M) - Regional Industry Research
12.2 Cryogenic IQF Market 2019-2024 ($M) - Regional Industry Research
13.Europe Individual Quick Freezing Market By Eqipment Type Market 2019-2024 ($M)
13.1 Spiral Freezer Market 2019-2024 ($M) - Regional Industry Research
13.2 Tunnel Freezer Market 2019-2024 ($M) - Regional Industry Research
13.3 Box Freezer Market 2019-2024 ($M) - Regional Industry Research
14.Europe Individual Quick Freezing Market By Processing Stages Market 2019-2024 ($M)
14.1 Pre-Processing Market 2019-2024 ($M) - Regional Industry Research
14.2 Freezing Market 2019-2024 ($M) - Regional Industry Research
14.3 Packaging Market 2019-2024 ($M) - Regional Industry Research
15.Europe Individual Quick Freezing Market By Technology Market 2019-2024 ($M)
15.1 Mechanical IQF Market 2019-2024 ($M) - Regional Industry Research
15.2 Cryogenic IQF Market 2019-2024 ($M) - Regional Industry Research
16.APAC Individual Quick Freezing Market By Eqipment Type Market 2019-2024 ($M)
16.1 Spiral Freezer Market 2019-2024 ($M) - Regional Industry Research
16.2 Tunnel Freezer Market 2019-2024 ($M) - Regional Industry Research
16.3 Box Freezer Market 2019-2024 ($M) - Regional Industry Research
17.APAC Individual Quick Freezing Market By Processing Stages Market 2019-2024 ($M)
17.1 Pre-Processing Market 2019-2024 ($M) - Regional Industry Research
17.2 Freezing Market 2019-2024 ($M) - Regional Industry Research
17.3 Packaging Market 2019-2024 ($M) - Regional Industry Research
18.APAC Individual Quick Freezing Market By Technology Market 2019-2024 ($M)
18.1 Mechanical IQF Market 2019-2024 ($M) - Regional Industry Research
18.2 Cryogenic IQF Market 2019-2024 ($M) - Regional Industry Research
19.MENA Individual Quick Freezing Market By Eqipment Type Market 2019-2024 ($M)
19.1 Spiral Freezer Market 2019-2024 ($M) - Regional Industry Research
19.2 Tunnel Freezer Market 2019-2024 ($M) - Regional Industry Research
19.3 Box Freezer Market 2019-2024 ($M) - Regional Industry Research
20.MENA Individual Quick Freezing Market By Processing Stages Market 2019-2024 ($M)
20.1 Pre-Processing Market 2019-2024 ($M) - Regional Industry Research
20.2 Freezing Market 2019-2024 ($M) - Regional Industry Research
20.3 Packaging Market 2019-2024 ($M) - Regional Industry Research
21.MENA Individual Quick Freezing Market By Technology Market 2019-2024 ($M)
21.1 Mechanical IQF Market 2019-2024 ($M) - Regional Industry Research
21.2 Cryogenic IQF Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Individual Quick Freezing Market Revenue, 2019-2024 ($M)
2.Canada Individual Quick Freezing Market Revenue, 2019-2024 ($M)
3.Mexico Individual Quick Freezing Market Revenue, 2019-2024 ($M)
4.Brazil Individual Quick Freezing Market Revenue, 2019-2024 ($M)
5.Argentina Individual Quick Freezing Market Revenue, 2019-2024 ($M)
6.Peru Individual Quick Freezing Market Revenue, 2019-2024 ($M)
7.Colombia Individual Quick Freezing Market Revenue, 2019-2024 ($M)
8.Chile Individual Quick Freezing Market Revenue, 2019-2024 ($M)
9.Rest of South America Individual Quick Freezing Market Revenue, 2019-2024 ($M)
10.UK Individual Quick Freezing Market Revenue, 2019-2024 ($M)
11.Germany Individual Quick Freezing Market Revenue, 2019-2024 ($M)
12.France Individual Quick Freezing Market Revenue, 2019-2024 ($M)
13.Italy Individual Quick Freezing Market Revenue, 2019-2024 ($M)
14.Spain Individual Quick Freezing Market Revenue, 2019-2024 ($M)
15.Rest of Europe Individual Quick Freezing Market Revenue, 2019-2024 ($M)
16.China Individual Quick Freezing Market Revenue, 2019-2024 ($M)
17.India Individual Quick Freezing Market Revenue, 2019-2024 ($M)
18.Japan Individual Quick Freezing Market Revenue, 2019-2024 ($M)
19.South Korea Individual Quick Freezing Market Revenue, 2019-2024 ($M)
20.South Africa Individual Quick Freezing Market Revenue, 2019-2024 ($M)
21.North America Individual Quick Freezing By Application
22.South America Individual Quick Freezing By Application
23.Europe Individual Quick Freezing By Application
24.APAC Individual Quick Freezing By Application
25.MENA Individual Quick Freezing By Application
26.Marel, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.JBT, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.GEA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.The Linde Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Air Products & Chemicals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Air Liquide, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Messer Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Patkol, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Octofrost Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Cryogenic Systems Equipment, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Starfrost, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Scanico, Sales /Revenue, 2015-2018 ($Mn/$Bn)