Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 605.5518106579786 USD Million |
| 2019 | 610.928283083828 USD Million |
| 2020 | 644.9685066807175 USD Million |
| 2021 | 682.5959114441924 USD Million |
| 2022 | 722.9668927812235 USD Million |
| 2023 | 766.2330177526318 USD Million |
| 2024 | 812.6011219695522 USD Million |
| 2025 | 862.9436237435364 USD Million |
| 2026 | 916.4049588741876 USD Million |
| 2027 | 973.1783462354974 USD Million |
| 2028 | 1033.4689750535058 USD Million |
| 2029 | 1097.4947464970487 USD Million |
| 2030 | 1165.487061211742 USD Million |
| 2031 | 1237.6916556435062 USD Million |
| 2032 | 1314.3694901742506 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The Asia-Pacific Frozen Lamb market is predicted to experience solid growth over the next decade. This is driven by strong demand from countries such as Japan, China and South Korea, who are all major consumers of frozen lamb. The demand for frozen lamb in the region is driven primarily by the convenience of frozen lamb, which has advantages over buying fresh lamb from a butcher. Consumers in the region value the convenience of frozen lamb, which is produced without needing a specialist butcher. Frozen lamb is also more affordable than meats that need to be bought from a butcher, making it an attractive option for many households in the region. In addition, the market for frozen lamb in the Asia-Pacific region is being driven by the rising popularity of lamb dishes in the region. While traditionally, Asian consumers have not been major consumers of lamb, the rise of pan-Asian cuisines, which feature savory and spicy dishes featuring lamb, have spurred increased demand for lamb in the region. Moreover, the development of new, modern retail formats such as convenience stores, supermarkets and hypermarkets within the Asia-Pacific Region is helping to drive the market for frozen lamb further.
These stores offer consumers a wide range of frozen lamb products from local and international brands, allowing customers to access a variety of product choices. Finally, with the increasing popularity of health-conscious diets, frozen lamb is becoming an attractive option for health-conscious consumers in the region. Lamb is an excellent source of high quality proteins, vitamins and essential minerals, making it a healthy alternative to more conventional sources of proteins. Overall, the outlook for the Asia-Pacific Frozen Lamb market is positive. With rising demand from countries such as Japan, China and South Korea, growing popularity of lamb dishes in the region, improved availability of frozen lamb products in modern retail formats and increasing health consciousness among consumers, the frozen lamb market is set to experience growth in the coming years.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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