Wilmington, Delaware , Aug. 27, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Frozen Romaine Market by Form (Frozen Romaine Hearts, Frozen Chopped Romaine and Frozen Whole Romaine Heads), End Use (Restaurants & Hotels and Household Consumption), Distribution Channel (Specialty Grocers, Supermarkets/Hypermarkets and Online Channels): Global Opportunity Analysis and Industry Forecast, 2024-2034". According to the report, the frozen romaine market was valued at $645.2 million in 2023, and is estimated to reach $879.1 million by 2034, growing at a CAGR of 3.0% from 2024 to 2034.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A323770
Prime determinants of growth
The growth of the frozen romaine market is fueled by a rise in demand for convenient, ready-to-use food options among consumers leading busy lifestyles. Advancements in freezing technology have improved the quality and shelf life of frozen romaine, ensuring it retains its freshness and nutritional value. Moreover, increased awareness of the importance of reducing food waste has prompted consumers to opt for frozen vegetables like romaine, which have a longer shelf life compared to fresh produce. Furthermore, the expanding availability of organic and sustainably farmed frozen romaine options appeals to eco-conscious consumers and contributes to market growth.
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2024–2034 |
| Base Year | 2023 |
| Market Size in 2023 | $645.2 million |
| Market Size in 2034 | $879.1 million |
| CAGR | 3.0% |
| No. of Pages in Report | 340 |
| Segments Covered | Form, End Use, Distribution Channel, And Region. |
| Drivers | Health Awareness |
| Food Service Industry Adoption | |
| Organic And Non-GMO Options | |
| Opportunities | Convenience Foods Trend |
| Expansion Of Organic Offerings | |
| Restraints | Higher Production Costs |
Segment Highlights
The demand for frozen romaine hearts is driven by several factors. Frozen romaine hearts offer a convenient and versatile option for consumers, as they are pre-trimmed and ready-to-use, saving time in meal preparation. This convenience aligns with the increasing demand for quick and easy meal solutions among busy consumers. Additionally, romaine hearts have a longer shelf life compared to whole heads of romaine lettuce, making them more suitable for freezing and storage. The compact nature of romaine hearts also facilitates efficient packaging and distribution, reducing logistical costs for producers and retailers. Furthermore, romaine hearts are often perceived as having a milder flavor and tender texture compared to outer leaves, appealing to a broader range of consumers. These factors collectively contribute to the dominance of frozen romaine hearts as a preferred segment in the frozen romaine market, driving its growth and market share.
Procure Complete Report (340 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/frozen-romaine-market
The demand for restaurants & hotels is influenced by multiple factors. restaurants and hotels have high-volume food service operations that require consistent and high-quality ingredients, including romaine lettuce. Frozen romaine offers these establishments convenience and efficiency, as it eliminates the need for washing, trimming, and preparing fresh lettuce, saving time and labor costs. In addition, frozen romaine ensures year-round availability, regardless of seasonal fluctuations in fresh produce supply. This reliability is crucial for restaurants and hotels to maintain menu consistency and meet customer demand. Moreover, frozen romaine's extended shelf life reduces food waste, a significant concern for the hospitality industry. The use of frozen romaine also mitigates the risk of spoilage associated with fresh produce, ensuring food safety, and reducing the likelihood of product loss.
The specialty grocers dominated the distribution channel segment. Specialty grocers often prioritize offering unique and premium items, including specialty varieties of romaine lettuce, which cater to health-conscious and gourmet-seeking customers. Frozen romaine fits well within this market segment as it offers convenience without compromising on quality. Moreover, specialty grocers typically have smaller, curated selections compared to larger supermarkets, allowing them to dedicate shelf space to specialty frozen products like romaine lettuce. This focused approach enables specialty grocers to highlight the attributes and benefits of frozen romaine, such as its freshness, nutritional value, and convenience, resonating with their customer base. Furthermore, specialty grocers often emphasize sustainability and environmentally friendly practices, which align with the reduced food waste associated with frozen romaine.
Regional Outlook
North America boasts a well-established food processing industry with advanced freezing technologies, ensuring the quality and freshness of frozen romaine. North American consumers exhibit a strong demand for convenient, ready-to-use food options, aligning perfectly with the attributes of frozen romaine. Furthermore, the widespread availability of frozen romaine in supermarkets and online platforms across North America contributes to its dominance. The region's robust logistical infrastructure facilitates efficient distribution and ensures consistent supply to meet consumer demand. Moreover, North America's affluent population, coupled with a growing focus on health and wellness, drives the consumption of nutritious foods like romaine lettuce.
Players: -
- Dole Food Company
- Fresh Del Monte Produce Inc.
- Bonduelle Group
- Greenyard
- Ardo Group
- Birds Eye
- McCain Foods
- Hain Celestial Group
- Pinguin
- Findus Group.
The report provides a detailed analysis of these key players in the global frozen romaine market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to highlight the competitive scenario.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/A323770
Report Review:
Definition
The frozen romaine market involves the production, distribution, and consumption of romaine lettuce that has been frozen to extend its shelf life and maintain its nutritional value. Freezing romaine allows for year-round availability, convenience, and reduced food waste, making it a valuable product in both commercial and household settings. This market caters to the food service industry, retail consumers, and institutions requiring large quantities of leafy greens.
Key Driver: Health and Wellness Focus
One of the primary drivers of the frozen romaine market is the growing consumer emphasis on health and wellness. Consumers are increasingly aware of the nutritional benefits of leafy greens like romaine, which is rich in vitamins A and K, folate, and fiber. The convenience of frozen romaine, which requires minimal preparation and has a longer shelf life than fresh lettuce, appeals to health-conscious individuals seeking to incorporate more vegetables into their diets without the risk of spoilage. This trend is further supported by the rise of plant-based diets and the desire for fresh-tasting, nutritious food options year-round.
Opportunity: Expansion in Emerging Markets
An important opportunity for the frozen romaine market lies in its potential expansion into emerging markets. As urbanization increases and disposable incomes rise in regions such as Asia and Latin America, there is a growing demand for convenient and healthy food options. Frozen romaine can meet this demand, providing a nutritious and easily accessible product for busy consumers. Additionally, improvements in cold chain logistics and infrastructure in these regions make it more feasible to distribute frozen vegetables, opening up new market opportunities for producers.
Future Growth Prospects
The future growth prospects for the frozen romaine market are promising, driven by several key factors. Technological advancements in freezing techniques are enhancing the quality and texture of frozen romaine, making it more appealing to consumers. The increasing popularity of online grocery shopping is also boosting the market, as consumers can easily purchase frozen romaine and have it delivered to their homes. Moreover, sustainability concerns are encouraging more consumers to opt for frozen vegetables, which have a longer shelf life and reduce food waste compared to fresh produce.
Furthermore, the food service industry is expected to continue being a major driver of market growth. Restaurants, catering services, and institutional food providers appreciate the consistency, convenience, and cost-effectiveness of using frozen romaine. As these sectors recover and grow post-pandemic, their demand for frozen vegetables is likely to increase.
In conclusion, the frozen romaine market is set to experience significant growth, supported by health and wellness trends, opportunities in emerging markets, and technological advancements. The demand for convenient, nutritious, and sustainable food options will continue to drive this market forward, making frozen romaine a valuable product in the global food industry.
Trending Reports in Industry:
Frozen Vegetables Market Size, Share, Competitive Landscape and Industry Forecast, 2023 - 2034
Frozen Food Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
Greenhouse Vegetable Market Opportunity Analysis and Industry Forecast, 2023-2032
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-8007925285
Fax: +1-800-792-5285
Web: https://www.alliedmarketresearch.com/reports-store/food-and-beverages
Follow Us on | Facebook | LinkedIn | YouTube
