Frozen Artichoke Market to Grow with a CAGR of 6.8% through 2029F
The global frozen artichoke market is driven owing to the rising demand for convenience foods, growing awareness about the health benefits of consuming artichokes.
According to
TechSci Research report, “Frozen Artichoke Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029F”, the
global frozen artichoke market stood at USD 304.2 million in 2023 and is
anticipated to grow with a CAGR 6.8% through 2029. The global frozen artichoke market has witnessed significant growth in recent years, driven by the increasing consumer preference for convenient and healthy food options. Artichokes, known for their rich nutritional profile, including fiber, antioxidants, and vitamins, are increasingly popular as part of a balanced diet. The convenience of frozen artichokes, which can be stored for extended periods without losing their nutritional value, has boosted their demand across various regions. The rising awareness of the health benefits of artichokes, especially their role in heart health and digestive support, is a key factor fueling the market growth.
One of the major drivers of the market is the increasing demand for organic and minimally processed food products. Consumers are becoming more health-conscious and are seeking clean-label products, free from artificial additives and preservatives. Frozen artichokes, which typically undergo minimal processing, align well with this consumer trend. Additionally, the growing trend toward plant-based diets is pushing the demand for artichokes, which are widely used in vegetarian and vegan meals due to their versatility. However, the market faces certain challenges. The high cost of artichokes compared to other frozen vegetables can limit their appeal, particularly in price-sensitive markets. Additionally, artichokes are a seasonal crop, and their cultivation is concentrated in specific regions, which can lead to supply chain disruptions. Adverse weather conditions or poor harvests can impact the availability and pricing of frozen artichokes, affecting both manufacturers and consumers. Despite these challenges, advancements in freezing technologies and efforts to improve cultivation practices are expected to mitigate some of the supply chain concerns.
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"Global Frozen Artichoke Market.”
The global frozen
artichoke market is segmented into product type, end use, distribution channel,
region, and company.
Based on end use, The retail segment of the frozen artichoke market is poised for substantial
growth, driven by the channel's expanding reach among consumers. These shoppers
are increasingly drawn to the unique taste and affordability of frozen
artichokes, which are becoming a staple in home cooking due to their
convenience and year-round availability. Retailers are responding by enhancing
their offerings and accessibility, thus fueling the segment's expansion. This
trend reflects a broader shift towards more diverse and globally inspired
ingredients in the retail sector, catering to the modern consumer's palate and
demand for quality, budget-friendly options.
Based on region, North America emerged as the fastest-growing segment in the global frozen artichoke market, driven by several key factors. The rising consumer demand for healthy, convenient food options is a major growth driver in the region. Artichokes, known for their high fiber content, antioxidants, and various health benefits, are increasingly being incorporated into the diets of health-conscious consumers across the U.S. and Canada. Frozen artichokes, which offer the convenience of year-round availability and ease of preparation, align with the region’s growing preference for ready-to-eat or easy-to-cook meals. The growing awareness of plant-based and vegetarian diets in North America has further accelerated the demand for frozen artichokes. As consumers increasingly seek plant-based alternatives, artichokes are becoming popular ingredients in a variety of dishes, from salads to pizzas. This is particularly evident in urban areas where health-conscious lifestyles are more prevalent. Moreover, the demand for organic frozen artichokes is surging, with North American consumers showing strong preference for organic and minimally processed food products. The strong presence of supermarket chains, online grocery platforms, and specialty food stores in North America has also contributed to the growth of the frozen artichoke market. These channels provide easy access to frozen artichokes, and ongoing marketing campaigns promoting the health benefits of the product further boost sales. In addition, favorable trade agreements and advances in cold chain logistics have improved the availability of frozen artichokes in the region, making North America a key growth driver for the market.
Major companies
operating in global frozen artichoke market are:
- Vivartia Holding S.A.
- Penguen Gida Sanayi A.Ş.
- Wm Morrison Supermarkets Limited
- Dole Food Company, Inc.
- Ardo Foods NV
- Conagra Brands, Inc.
- General Mills, Inc.
- J.R. Simplot Company
- Orogel Società Cooperativa Agricola
- Tiba Foods
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“One key trend in the frozen artichoke market is the increasing adoption of organic frozen artichokes. With the rising demand for organic food products, driven by growing consumer awareness regarding health and environmental sustainability, many producers are expanding their organic offerings. Organic frozen artichokes, free from synthetic pesticides and fertilizers, are gaining traction among health-conscious consumers. Additionally, the certification of organic frozen artichokes helps manufacturers tap into premium segments of the market, catering to consumers willing to pay higher prices for certified organic products“. Said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
Frozen Artichoke Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Whole
Frozen Artichokes, Frozen Artichoke Hearts, Frozen Artichoke Bottoms, Frozen
Artichoke Halves/Quarters), By End Use (Retail, Food service, Food processing),
By Distribution Channel (Supermarkets/hypermarkets, Specialty stores, Online, Food
service providers), By Region & Competition, 2019-2029F”,
has evaluated the future growth potential of global frozen artichoke market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global frozen artichoke market.
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