Global Frozen Vegetables Market :

Industry, Size, Share, Growth, Trends and

Forecast, 2019–2029
February 2021

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 Research Methodology

Identification
of data
Collection Verification
Collaboration
of
Evaluation of of Data and Analysis
Data
Market
Dynamics

1. This step involves identification of several primary 2.This process consists
and secondary data research sources, including of gathering data,
Prophecy internal data sources. accessing proprietary
The primary sources consist of in-depth discussions databases, and reaching
and interviews with policy makers, industry experts, out to key industry
and data evaluators, whereas secondary sources participants that
include a thorough study of market journals, press operate in the market
releases, annual reports, and Pharmaceuticals and across the value chain.
non Pharmaceuticals agencies websites. It also involves studying
This phase includes a detailed evaluation of several several patterns in
factors that are likely to affect the market dynamics. the historical data and
It involves a comprehensive assessment of major comparing it with the
market pain points, drivers, and trends. current scenario.
3.This stage involves the
validation of data and
arrival at actual statistics,
and evolution of the
market over the years. It
entails the study and
analyzes various segments
and Applications of the
market. An impact analysis
is also performed to
observe which factors will
affect the market in the
next few years.
4. This is the final stage,
which involves both
quantity and quality
checks. Although the
process of data
verification is an integral
part of the research
process, all data points
and statistics and figures
are re-checked to uphold
their authenticity and
validity.
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Research Objective

To analyze several micro-market

indicators considering growth To offer wide ranging market
To predict the
statistics with a detailed
factors, market prospects, and size of the
classification along with the
strategic market contribution market
market size of each segment

To analyze key
To outline and forecast the strengths,
Governance, Risk Management and opportunities,
Compliance (GRC) market in globally and strategies
based on segmentation and region of major
companies

To study market
To examine competitive scenarios opportunities for
such as collaborations, mergers and participants and To provide comprehensive
acquisitions, R&D activities, and stakeholders by information about factors that affect
advanced developments identifying high market dynamics
growth sectors in
the market

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Research Process

PROJECT REPORT POST-SALE

SCOPE DELIVERY SERVICE

PROJECT REPORT
KICKOFF SYNTHESIS

MARKET
PRELIMINARY
ANALYSIS &
RESEARCH
SEGMENTATION

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 Research Methodology
Global Market Size

Market/Revenue share split by each market segment

Market/Revenue share of each key player in each
such as By Product Type Fracturing Fluids/Fracturing
Type segment
Fluids sector/end user

Market/Revenue share of each key player in the Market/Revenue share split by each region and
global market country in the global market

Bottom-up Approach – Top-down Approach –

Collection of market related data and information Market size and analysis validation through primary
from primary and secondary sources, and data and secondary research participants and key opinion
analysis. leaders.
Primary Sources: Primary Sources:
 Demand Side Key Opinion Leaders  Demand Side Key Opinion Leaders
 Supply Side Key Opinion Leaders  Supply Side Key Opinion Leaders
Secondary Sources: Secondary Sources:
 Annual Reports  Annual Reports
 Financial Reports and Presentations  Financial Reports and Presentations
 Press Releases  Press Releases
 Research Journals  Research Journals
 Paid Data Sources  Paid Data Sources

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 Research Methodology
Definition and Scope – Prophecy Market Insights provide the market definition to
understand the target Type/service and provide the market scope to understand
the report coverage after thoroughly understanding of target market and market
specific requirements.

Primary Research – We formulates a detailed discussion guide to perform primary

research. In primary research collection of data is performed through telephonic
interview, E-mail questionnaire’s, and in-depth discussion with industry experts,
manufacturers, suppliers, and distributors. The primary research participant
includes but not limited to CEO’s, Managers, Directors, VP’s, Suppliers, CSO’s, and
etc.

Secondary Research – Our research analyst performs in-depth secondary research

and extensive data mining to collect market related information through various
authentic data sources such as Annual Reports, Trade Publications, Magazines,
Research Publications, Company Press Release, and some paid data sources.

In-house Data Analysis – After extensive data mining, we perform in-house market
analysis by using various data tools, statistical methods, and data analysis tools to
arrive on a conclusion and reduce the margin of error. We provide our overviews
and market forecast for the target market after thoroughly understanding and
analyzing of collected data, historic market trends, and research outputs.

Report Delivery – Prophecy Market Insights provide report in required electronic

format (preferably in PDF format), as PDF format is easy to read and present.
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Scope & Coverage

The report considers 2019 as the base year. All calculations involving quantitative data are
based on 2019. The values represented in the report are actual values for 2019, whereas,
the values are estimated for the period 2020−2029.

2019 2020 2021-2029

Base Year Estimated Year Forecast Years

Source: Prophecy Market Insights

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Market Segmentation

Global Frozen Vegetables Market

By Product Type By End User By Distribution Channel By Region

  Food Service Industry  Discounters  North America

Asparagus
 Parallel Robots  Retail Customers  Supermarkets/Hypermarkets  Europe
  Others  Asia Pacific
Mushrooms
  Latin America
Green Peas
  Middle East & Africa
Spinach
 Corn
 Green Beans
 Others

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 Currency Conversion

Currency Conversion 2013-2018

The standard currency used throughout the report is USD ($). However, in the case of other currencies, the annual average currency rate
(January 1 to December 31) is used for conversion. These conversion rates are rounded to the nearest decimal place. The chart below
represents the standard conversion rates used in the report.

Currency Conversion 2013 2014 2015 2016 2017 2018

$/€ USD/EUR 0.7532 0.7535 0.8969 0.8988 0.8605 0.8566

$/£ USD/GBP 0.6395 0.6072 0.6526 0.7309 0.7607 0.7586

$/¥ USD/JPY 98.58 105.84 120.9 107.5269 113.8867 111.0019

$/₭ USD/SEK 6.5127 6.8587 8.404 8.9328 8.4135 8.8826

$/A$ USD/AUD 1.0362 1.1094 1.3112 1.343 1.3042 1.3578

$/¥ USD/RMB (CNY) 6.1905 6.1432 6.1606 6.61 6.6294 6.6675

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Spinach
Figure 4.2: Global Frozen Vegetables Market Value and Forecast (US$ Bn), and Y-o-Y Growth
(%), By Spinach 2018-2029 Analysis and Outcome
2 ,5 0 0 .0 8 .4 %

8 .3 %

8 .2 %

8 .1 %

8 .0 %

7 .9 %

7 .8 %

7 .7 %

7 .6 %

7 .5 %

7 .4 %

7 .3 %

7 .2 %

7 .1 %

7 .0 %

6 .9 %

6 .8 %

2 ,0 0 0 .0
6 .7 %

6 .6 %

6 .5 %

6 .4 %

6 .3 %

6 .2 %

6 .1 %

6 .0 %

5 .9 %

5 .8 %

5 .7 %

5 .6 %

5 .5 %

5 .4 %

5 .3 %

5 .2 %

5 .1 %
1 ,5 0 0 .0
5 .0 %

4 .9 %

4 .8 %

4 .7 %

4 .6 %

4 .5 %

4 .4 %

4 .3 %

4 .2 %

4 .1 %

4 .0 %

3 .9 %

3 .8 %

3 .7 %

3 .6 %

3 .5 %

3 .4 %
1 ,0 0 0 .0
3 .3 %

3 .2 %

3 .1 %

3 .0 %

2 .9 %

2 .8 %

2 .7 %

2 .6 %

2 .5 %

2 .4 %

2 .3 %

2 .2 %

2 .1 %

2 .0 %

1 .9 %

1 .8 %

1 .7 %
5 0 0 .0

1 .6 %

1 .5 %

1 .4 %

1 .3 %

1 .2 %

1 .1 %

1 .0 %

0 .9 %

0 .8 %

0 .7 %

0 .6 %

0 .5 %

0 .4 %

0 .3 %

0 .2 %

0 .1 %

- 0 .0 %

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Xx: Projected growth between 2019 and 2029 Source: Prophecy Market Insights

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