Opportunity for Peru: Frozen fruit and vegetable market would grow 6.1% annually between 2024 and 2028

The global market for frozen and prepared fruits and vegetables is expected to grow at a rate of 6.1% from 2024 to 2028, reaching $431,000,000. This growth presents a significant opportunity for Peruvian agroindustrial companies, as Peru is a major producer. Consumers are driving this growth, as they seek sustainable and environmentally friendly options, as well as healthy, quick-to-prepare foods. The market uses a wide range of frozen and prepared fruits and vegetables, which are more cost-effective, safer, and more durable than fresh produce. The main markets for these products are China, India, the USA, Japan, and Italy. In the first four months of 2024, Peruvian shipments of these products totaled $370,618,000, with the United States being the largest buyer.

The global market for frozen and prepared fruits and vegetables would grow at an average annual rate of 6.1% between 2024 ($340,000,000) and 2028 ($431,000,000). Given that Peru is a major producer, this represents a significant opportunity for companies in the agroindustrial sector, indicated the Global Economy and Business Research Center of the Association of Exporters (CIEN-ADEX). He added that consumers are looking for options from sustainable sources and environmentally friendly companies. Another trend is the demand for healthy foods that are quick to prepare, making them a convenient and nutritious alternative. In its report 'Trends in frozen and prepared fruits and vegetables' (includes processed, dehydrated, fermented and pickled ones), it stated that at a global level its comprehensive use is observed, reducing costs and contributing to food security by being safer foods. and durable. The population's interest in trying new products and flavors drives this segment, ...