Frozen vegetable market to be worth $30bn worldwide by 2022
The frozen vegetable market, valued at around $24.5bn globally this year, is set to grow at a 4.23% CAGR to around $30.2bn by 2022, according to a new report. Expansion in the market is being driven by factors including rising awareness of product's health benefits, increasing urbanisation and an expanding middle class. Changing lifestyles and larger disposable incomes in the Asia Pacific region are also expected to make a significant contribution to the expansion of the market. Key companies profiled in the report include Ardo, Bonduelle, Findus, General Mills, H J Heinz and Simplot.

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