IQF Vegetables Market

Global IQF Vegetables Market Snapshot (2023 to 2033)

In 2022, the global market for IQF vegetables was estimated to have reached a sum close to USD 1.68 billion. The IQF vegetables industry is growing quickly due to changes in lifestyle, eating habits, and the expansion of many major retail chains. It is thus anticipated to have generated USD 2.81 billion by 2033, along with a CAGR of 4.8% from 2023 to 2033.

The IQF vegetable industry is anticipated to grow in response to the rising demand for frozen meals. The food's shelf life is extended by freezing since it prevents bacterial growth. IQF is a technique for improved and quicker food freezing, which keeps food items fresh.

When using the IQF freezing technique, rapid freezing creates smaller crystals of ice in the frozen meal, preserving its flavor and texture rather than the larger ice crystals which could form during slower freezing processes. People are drawn to the rapid freezing methods that use this technique.

For instance, the United States-based national trade organisation of the frozen food sector, the American Frozen Food Institute, estimates that in 2020, United States frozen food sales climbed by 13.3% in units along with 21% in dollars in order to reach $65.1 billion in sales at retail.

A crucial trend that is becoming more and more popular in the IQF vegetable industry is technological improvement. To improve their market position, major players in the IQF vegetable industry are concentrating on technical developments.

Report Attribute	Details
Estimated Market Value (2022)	USD 1.68 billion
Expected Market Value (2023)	USD 1.76 billion
Projected Forecast Value (2033)	USD 2.81 billion
Anticipated Growth Rate (2023 to 2033)	4.8% CAGR

Global IQF Vegetables Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 To 2033)

The global IQF vegetable market rose at a CAGR of 3.1% during 2018 and 2022 and is further expected to grow at a CAGR of 4.8% during the forecast period of 2023 to 2033.

Advances in technology to preserve food have allowed market players to make goods available to consumers around the globe. The convenience factor, which has become increasingly important in today's society has been aiding sales of IQF vegetables.

Customers are increasingly seeking simple and hygienic vegetable products such as IQF items that can rid them of conventional hassles of cleaning and slicing fresh vegetables, thereby avoiding the all-important time restrictions of traditional cooking. Their changing preferences have played a crucial role in fuelling the demand in the market.

What is Primarily Driving the Market for IQF Vegetables?

Longer Shelf Life of IQF Vegetables to Act as a Significant Growth Parameter for the Market

Frozen food is witnessing a rise in demand. Thanks to the technologies being used for their production, handling, and storage, frozen food market is forecast to expand in the coming years.

IQF and BQF (cold storage) technologies have influenced the ability to safely store fruits and vegetables for longer period of time when maintained in specific temperature conditions. Cold storage method control moisture, but IQF technology uses nitrogen to freeze each individual vegetable unit.

The shelf life of IQF vegetables ranges from a few weeks to months depending on the source, allowing storage, without spoilage concerns. In IQF procedures, the long shelf life of vegetables is achieved by fast freezing, which converts all liquid to a frozen form without damaging vegetable cells.

Approval from regulatory agencies has created opportunities for IQF vegetable manufacturers who identified the potential of this business and started the supply of new age products. Companies such as B&G Foods Holdings Corp., Dole Food Co., SunOpta Inc., and ConAgra Brands are producing IQF vegetables.

Demand for Convenience Foods to Boost the Sales of IQF Vegetables

Consumers are exhibiting a growing preference for convenience foods that can help them save time in the kitchen. A busy lifestyle and an aging population are driving the need for convenience food. They prioritize ease of use, packaging, nutritional value, safety, variety, and product appeal, driven primarily by rising disposable incomes.

Some of the most favored vegetables in IQF format are broccoli, potatoes, and tomatoes, which have wide availability and easy-to-cook characteristics. Most vegetables can be processed with the help of IQF technology, which preserves nutritional contents, while maintaining the texture and taste of the vegetable for a longer period of time.

Manufacturers are focusing on production of IQF vegetables to gain a better market share in this segment due to the high demand. The rapid growth of the food service industry in various developing markets is also expected to fuel the demand for convenience foods, and IQF fruits and vegetables.

What are the Factors Restraining the IQF Vegetables Market?

Risk of Pathogens in IQF Vegetables Expected to Impact and Impede Growth

Japan and some countries in North America have been facing the issue of bacteria and viruses present in frozen fruits and vegetables. The listeria monocytogenes bacteria caught global attention due to the recall of IQF vegetable products. The United States and China, are facing bacteria contamination issues due to high pollution levels.

Most manufacturers in the United States recalled IQF vegetable products due to a listeria monocytogenes outbreak, and this phenomenon occurs every year. Listeria monocytogenes is a species of pathogenic bacteria which causes the infection listeriosis that kills an average of 300 people every year globally.

Most American companies are taking additional precautions, even as buyers are always worried about their health while purchasing vegetables, which will play a key role in market developments for the foreseeable future.

Category-wise Insights

Which is the Top-selling IQF Vegetable Type?

Potatoes will gain Significance during the Forecast Period

Among vegetable types, potato is most preferred in the IQF sector and it held a dominant share of more than 26.2% in 2023. The segment is expected to grow at a CAGR of 4.4% over the forecast period.

Potatoes are a popular staple, coming in fourth place behind wheat, rice, and maize in terms of global output. On a commercial basis, it is consumed as fresh potatoes or as processed potatoes.

IQF potatoes are one of the most common varieties of processed potatoes. They're quick to prepare and offer a variety of nutrients and vitamins in a naturally maintained form with a long shelf life. The demand for IQF potatoes is rapidly increasing owing to the increase in number of fast food restaurants and increased global food processing capacity.

Which is the Primary Application of IQF Vegetables?

IQF Vegetables can become a Convenient Option in the Food Products Segment

Food products using IQF vegetables are expected to hold a market value share of 76.4% in 2033, and is anticipated to grow at a CAGR of 4.9% throughout the forecast years 2023 to 2033.

Demanding work lifestyle and an increase in the working population, coupled with the expansion of the food processing sector has supported consumer demand for ready-to-eat or convenience food products. The demand for IQF vegetables for baking, confectionary, and snack foods has increased.

Region-wise Analysis

Will the United States Continue Leading IQF Vegetable Market?

Extensive Usage of these Products Will Enhance the Sales

The United States market for IQF vegetable totaled USD 479.5 million in 2022. Growing at a CAGR of 2.6%, the market is projected to reach USD 549.7 million by 2033.

IQF vegetable consumption in the United States is still the highest in the world. The demand for IQF vegetables is witnessing a surge as IQF vegetables are available round the year and are convenient to cook. Increase in consumption is influencing growth as IQF vegetables save cooking time, as they are available in ready-to-cook processed form. In the United States, IQF vegetables hold a wider market compared to IQF fruits due extensive usage, either as major part of meals or as complimentary food.

Will Germany Emerge as a Lucrative Market for IQF Vegetables?

Increasing Price Sensitivity to Affect the Market Positively

The Germany IQF vegetable market will account for a value share of 18.2% of Western Europe in 2023, and is expected to grow at an approximate CAGR of 2.7% from 2023 to 2033.

The growth of IQF vegetables market in Germany is attributable to the rising price sensitivity. The consumer demographic trend in Germany is clearly skewed towards an older population and single-person households. This has led to a decline of traditional family meals and has boosted the need for single-portion products such as IQF vegetables.

What are the Growth Prospects of IQF Vegetables in France?

Rising Demand for Frozen is Likely to Propel the Overall Market Growth

The France IQF vegetable market is estimated to hold a lion’s share in Europe through 2033. The market share of France is projected to reach 15.8% by 2033, at a compounded annual growth rate of 3.1%.

In France, IQF vegetables account for a significant part of the total production of frozen food. France’s retail distribution system is diverse and sophisticated, a network very similar to that of the United States, which will provide growth opportunities to manufacturers for the foreseeable future.

What is Japan’s Value Share in the Global IQF Vegetables Market?

Potatoes and Corn is Likely to Gain the Lion’s Share in this Market

According to FMI’s analysis, Japan is expected to hold a market value share of 15.5% in the year 2023. IQF vegetables that are in demand throughout the year in Japan include potatoes and corn. These vegetables are not subject to seasonal price changes owing to easy access for fresh options.

Private label brands - Green Giant, Birds Eye and Pictsweet are leading in the Japanese market. Potato products and corn products enjoy a very good market share among all the IQF vegetables.

What is driving the Growth of the IQF Vegetable Market in the United Kingdom?

Increasing Benefits of Including Vegetables in Regular Diet is Likely to Boost Sales

The United Kingdom is among the largest Europe markets for IQF vegetable with an approximate volume of around 878 MT in 2022. The market will clock a growth rate of around 2.89% in terms of value for 2023 to 2033 and is expected to contribute over 15% to the total IQF vegetable market in Europe in 2033.

Consumers in the United Kingdom are becoming interested in eating nutritious foods as part of a lifestyle change. There has been a significant shift, away from high-fat foods and towards high-protein vegetables. In the future, the IQF vegetable market in the United Kingdom is predicted to have the strongest growth prospects. With increasing awareness about the benefits of vegetables, this category is bound to show promising growth in the future.

Market Competition

Companies are developing technologies for introducing previously unexplored fruits and vegetables that can retain their nutritional value, while decreasing the cost of production. Companies such as Dole Food Co., Capricorn Food Products India Ltd, and J.R. Simplot Co. are investing increasingly in creating new products of IQF vegetable.

The key players in this market include:

• B&G Foods Holdings Corp.
• Capricorn Food Products India Ltd
• ConAgra Foods, Inc.
• Dole Food Co.
• Greenyard NV
• J.R. Simplot Co.
• Kerry Group Plc.
• Pinnacle Foods, Inc.
• SunOpta Inc.
• Uren Food Group Limited

Some of the products being launched by the key players are:

• In 2022, Eden Prairie, Minnesota became home to the new 65,000 square foot headquarter and eco-powered creative center of SunOpta, a United States-based global pioneer driving the future of environmentally friendly, plant- and fruit-based foods and drinks. The new SunOpta offices was built with the goal of fostering cooperation, accelerating innovation, and replicating the company's long tradition of sustainability. The market for IQF fruits and vegetables now has more room to expand as a result of this creation.
• Delektia is a producer of fully cooked, ready-to-eat, frozen prepared meals. The company's culinary items, that involve freshly frozen cuisine, give customers a variety of mouthwatering and inventive dinner options. Soup, vegetables, rice, non-vegetables, as well as other foods are among these dishes. For example, in June 2022, Delektia, a frozen food company located in Dubai, United Arab Emirates, and Medicaa, a Mideast import and consultancy agency, reached a deal to join the Jordanian market.

• In August 2020, Turkey-based Fine Food acquired Buhler’s SORTEX® FA series machines, which allows the company to expand production capacity, while improving on exports and distribution requirements.
• REMS Frozen Foods was unveiled in March 2021. The company is set to import frozen food ingredients, while specializing in IQF products for operations in China, the United States, Spain, Egypt, and Eastern Europe.
• Cardinal Foods LLC a leader in the IQF sector entered into a Joint Venture with Russet House to set up a processing facility for the production of sweet potato fry products.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 4.8% from 2022 to 2032
Market value in 2023	USD 1.76 billion
Market value in 2033	USD 2.81 billion
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	USD billion for value
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Type, Application, Region
Regions Covered	North America; Latin America; Europe; Asia Pacific; Middle East and Africa
Key Countries Profiled	United States, Canada, Mexico, Brazil, Germany, United Kingdom, France, Spain, Italy, Japan, China, Singapore, Thailand, Indonesia, Israel, GCC countries, South Africa, Australia, New Zealand
Key Companies Profiled	B&G Foods Holdings Corp.; Capricorn Food Products India Ltd; ConAgra Foods, Inc.; Dole Food Co.; Greenyard NV; J.R. Simplot Co.; Kerry Group Plc.; Pinnacle Foods, Inc.; SunOpta Inc.; Uren Food Group Limited
Customization & Pricing	Available on Request

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
• 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
  • 5.1. Beans
  • 5.2. Peas
  • 5.3. Corn and Baby Corn
  • 5.4. Broccoli and Cauliflower
  • 5.5. Potato
  • 5.6. Onion
  • 5.7. Tomato
  • 5.8. Carrot
• 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
  • 6.1. Food
    • 6.1.1. Bakery, Confectionary & Snack Food
    • 6.1.2. Dairy & Dessert
    • 6.1.3. Cooking food
    • 6.1.4. Ready to Eat Food
  • 6.2. Beverage
    • 6.2.1. Juice
    • 6.2.2. Other Non-alcoholic Beverages
  • 6.3. Concentrate
• 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 7.1. North America
  • 7.2. Latin America
  • 7.3. Europe
  • 7.4. Asia Pacific
  • 7.5. MEA
• 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 13. Key Countries Market Analysis
• 14. Market Structure Analysis
• 15. Competition Analysis
  • 15.1. B&G Foods Holdings Corp.
  • 15.2. Capricorn Food Products India Ltd
  • 15.3. ConAgra Foods, Inc
  • 15.4. Dole Food Co.
  • 15.5. Greenyard NV
  • 15.6. J.R. Simplot Co.
  • 15.7. Kerry Group Plc.
  • 15.8. Pinnacle Foods, Inc.
  • 15.9. SunOpta Inc.
  • 15.10. Uren Food Group Limited
• 16. Assumptions & Acronyms Used
• 17. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (MT) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 4: Global Market Volume (MT) Forecast by Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 6: Global Market Volume (MT) Forecast by Application, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (MT) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 10: North America Market Volume (MT) Forecast by Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 12: North America Market Volume (MT) Forecast by Application, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (MT) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 16: Latin America Market Volume (MT) Forecast by Type, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 18: Latin America Market Volume (MT) Forecast by Application, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Volume (MT) Forecast by Country, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 22: Europe Market Volume (MT) Forecast by Type, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 24: Europe Market Volume (MT) Forecast by Application, 2018 to 2033

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Asia Pacific Market Volume (MT) Forecast by Country, 2018 to 2033

Table 27: Asia Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 28: Asia Pacific Market Volume (MT) Forecast by Type, 2018 to 2033

Table 29: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 30: Asia Pacific Market Volume (MT) Forecast by Application, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: MEA Market Volume (MT) Forecast by Country, 2018 to 2033

Table 33: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 34: MEA Market Volume (MT) Forecast by Type, 2018 to 2033

Table 35: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 36: MEA Market Volume (MT) Forecast by Application, 2018 to 2033

List of Figures

Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (MT) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 9: Global Market Volume (MT) Analysis by Type, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 13: Global Market Volume (MT) Analysis by Application, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 16: Global Market Attractiveness by Type, 2023 to 2033

Figure 17: Global Market Attractiveness by Application, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by Application, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 27: North America Market Volume (MT) Analysis by Type, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 31: North America Market Volume (MT) Analysis by Application, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 34: North America Market Attractiveness by Type, 2023 to 2033

Figure 35: North America Market Attractiveness by Application, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by Application, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 45: Latin America Market Volume (MT) Analysis by Type, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 49: Latin America Market Volume (MT) Analysis by Application, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Europe Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 63: Europe Market Volume (MT) Analysis by Type, 2018 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 67: Europe Market Volume (MT) Analysis by Application, 2018 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 70: Europe Market Attractiveness by Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by Application, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Asia Pacific Market Value (US$ Million) by Type, 2023 to 2033

Figure 74: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033

Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: Asia Pacific Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 81: Asia Pacific Market Volume (MT) Analysis by Type, 2018 to 2033

Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 85: Asia Pacific Market Volume (MT) Analysis by Application, 2018 to 2033

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 88: Asia Pacific Market Attractiveness by Type, 2023 to 2033

Figure 89: Asia Pacific Market Attractiveness by Application, 2023 to 2033

Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 91: MEA Market Value (US$ Million) by Type, 2023 to 2033

Figure 92: MEA Market Value (US$ Million) by Application, 2023 to 2033

Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: MEA Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: MEA Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 99: MEA Market Volume (MT) Analysis by Type, 2018 to 2033

Figure 100: MEA Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 101: MEA Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 102: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 103: MEA Market Volume (MT) Analysis by Application, 2018 to 2033

Figure 104: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 105: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 106: MEA Market Attractiveness by Type, 2023 to 2033

Figure 107: MEA Market Attractiveness by Application, 2023 to 2033

Figure 108: MEA Market Attractiveness by Country, 2023 to 2033