Individual Quick Freezing (IQF) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Sarasota, FL -- (SBWire) -- 02/20/2019 --Global Individual Quick Freezing (IQF)Market: Overview

Individual Quick Freezing or IQF is an effective method of freezing foods or goods. The process of Individual Quick Freezing (IQF) relies on freezing the product extremely quickly. Fast enough freezing causes much smaller ice crystals to develop within the product. Ice Moreover, crystals that develop with slower methods of freezing are bigger and these crystals damage the cells and tissues of the product. Food and produce that is frozen through slower means of freezing tend to be dry and damaged when they are defrosted. The formation of larger ice crystals damage the cell walls and reduce the quality of the food. IQF, however, does not allow the process of bigger ice crystal formation to take place.

Global Individual Quick Freezing (IQF) Market: Growth Factors

The key factors that are projected to drive the individual quick freezing (IQF) market are an expansion of food retail chains by multinationals, consumer demand for perishable foods, growth in demand for availability of non-seasonal food products, and increase in demand for convenience food products.

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The increase in the number of consumers for frozen food products across the globe has led to an increased interest among the manufacturers to provide frozen food items due to extended shelf-life and quality. The consumption of individual quick freezing products in the food & beverage industry has led to more streamlined processing stages pre-processing, freezing, and packaging of frozen food products. The major restraining factor for the individual quick freezing (IQF) market is massive environmental concerns regarding greenhouse gas emissions.

Freezing helps in the retention of food quality and extends the storage life of foods whose water content is high. The freezing process taps the beneficial effects of low temperatures at which microorganisms cannot grow, reduces chemical reactions, and delays cellular metabolic reactions. Frozen food ensures non-seasonal year-round availability, minimizes wastage, is less likely to deteriorate in transit or storage, is less perishable than fresh or chilled food, and is easier to use. These factors will further steer the growth of individual quick freezing (IQF) market in the near future.

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Global Individual Quick Freezing (IQF) Market: Segmentation

The global individual quick freezing (IQF) market can be classified into equipment type, processing stages, technology, and product. On the basis of equipment type, the market is segmented into spiral and tunnel. Based on the processing stages, the market is sectored into pre-processing, packaging, and freezing. Product wise, the market is classified into fruits & vegetables and seafood. Based on technology, the market is divided into mechanical and cryogenic.

Global Individual Quick Freezing (IQF) Market: Regional Analysis

Based on regions, the global individual quick freezing (IQF) market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The North American region is projected to grow at the highest CAGR during the forecast period. The countries covered in the North American region are projected to be the fastest-growing markets for individual quick freezing, due to the presence of large players such as JBT (US), Air Products and Chemicals (US), and Cryogenic Systems Equipment (US). Economic factors such as the increasing number of fixed investments in various technologies of food processing by various individual quick freezing equipment manufacturers and exposure to consumer preference for new taste and flavors are expected to drive this individual quick freezing (IQF) market over the next couple of years in North America.

Europe is anticipated to be the second largest market after North America in the coming years. The regional market growth can be attributed to the high consumption of frozen food products by the people in the region.

APAC, MEA, and LATAM markets have huge growth potential.

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Global Individual Quick Freezing (IQF) Market: Competitive Players

The individual quick freezing (IQF) market is dominated by key players such as JBT (US), GEA (Germany), The Linde Group (Germany), Air Products and Chemicals (US), Air Liquide (France) and Messer Group (Germany).

Global Individual Quick Freezing (IQF) Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa