Reports and Data's current analysis indicates that the global Individual quick freezing temperature Market was valued at USD 15.89 billion in 2018 and is projected to reach USD 23.65 billion by 2026, growing at a Compound Annual Growth Rate (CAGR) of 5.85%. The speed at which food temperature is reduced is the key consideration for deep-freezing of meat, vegetables, and baked products. When the freezing process takes longer, water molecules in the food come together to form large ice crystals, which can puncture cell membranes, damage the tissue, and result in loss of form, structure, vitamins, nutrients, and flavors. The growing global demand for ready-to-eat meals is driving the IQF industry, along with the availability of non-seasonal food commodities, and the expansion of retail food chains in developed countries. The industry is expected to benefit from government initiatives aimed at reducing food waste.
The IQF method offers several advantages in preparing frozen food. It is less time-consuming, and the short freezing time prevents the formation of large ice crystals in the product's cells, allowing the product to retain its shape, color, smell, and taste after defrosting. The IQF technology also enables separation of individual product units during freezing, producing a higher quality product compared to block freezing, while reducing greenhouse gas emissions. The IQF fruits and vegetable market is expected to grow due to rising consumer preference for longer shelf-life, healthy food, and technological innovations in packaging. Additionally, the demand from food manufacturers to preserve food products for an extended period of time as an ingredient in final products is driving the expansion of the IQF fruits and vegetable market.
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MAREL (Iceland), JBT (US), Products and Chemicals (US), Air Liquide (France), GEA (Germany), The Linde Group (Germany), Air and Messer Group (Germany). The other companies which are profiled include PATKOL (Thailand), OctoFrost Group (Sweden), Cryogenic Systems Equipment (US), Starfrost (UK), and Scanico (Denmark).
Driving Factors and Restrain of Individual Quick Freezing Market:
The driving factors of the Individual quick freezing temperature market include the growing demand for ready-to-eat meals across the globe, increasing availability of non-seasonal food commodities, and the development and expansion of retail food chains in advanced countries. Additionally, rising consumer preference towards longer shelf-life, healthy food, and technological innovations in packaging are fueling the expansion of the IQF fruits and vegetable market. Government initiatives to minimize food wastage are also expected to provide more opportunities for key players in the industry.
On the other hand, the IQF market is restrained by greenhouse gas emissions during the production process, which is a major environmental concern. Another challenge is the cost of equipment and technology required for IQF, which is higher compared to traditional freezing methods. Additionally, the high cost of IQF products compared to traditionally frozen products may deter some consumers from purchasing them.
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