Fruit & Vegetable Processing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3827 | Report Format : | Status : Upcoming |

Abstract

Global Fruit & Vegetable Processing Market: Overview

Fruit and vegetables are both major food products in their own right and key ingredients in many processed foods. There has been growing research on their importance to health and techniques to preserve the nutritional and sensory qualities desired by consumers. Processing (canning, drying, freezing, and prepa ration of juices, jams, and jellies) increases the shelf life of fruits and vegetables. Processing steps include preparation of the raw material (cleaning, trimming, and peeling followed by cooking, canning, or freezing). Processing fruits and vegetables is intended to do two things: First is to preserve them by slowing down the natural processes of decay caused by micro- organisms, enzymes in the food, or other factors such as heat, moisture and sunlight. Second one is to change them into different foods, which are attractive and in demand by consumers. Like chefs and caterers, processors should use their skills to develop attractive recipes and make products that consumers want to eat. By doing this successfully, they can increase sales and earn an income.

Global Fruit & Vegetables Processing  Market: Growth Factors

The fruit & vegetable processing market has been largely driven by the growing demand for convenience foods, the growing food service industry, the increased presence of modern retail outlets, and growing awareness about the benefits of fruits & vegetables. The increase in health consciousness among consumers and the growing vegetarian population is expected to drive the demand for the fruits & vegetables market in the forthcoming years. Furthermore, the increase in innovations and technological advancements in the processing equipment industry is expected to drive this market during the forecast period.

The drastically altering life patterns and tastes along with massive awareness regarding the health advantages of processed fruits & vegetables consumption/ingestion will drive the business trends in the coming decade. However, the food recall incidences, coupled with complex supply chain and high inventory carrying cost are the major factors restraining the growth of the processed fruits & vegetable processing market, globally. The major challenges faced by the processors as well as manufacturers are high capital investments for equipment and strict regulations that ensure consumer safety.

Global Fruit & Vegetable Processing  Market: Segmentation

The global fruit & vegetable processing market can be classified based on the Product Type, Operation Type, and Equipment. On the basis of Product Type, the market is classified into Fresh, Fresh-cut, Canned, Frozen, Dried & Dehydrated, Convenience). Based on the operation type, the market is classified into semi-automatic and automatic types. On the basis of Equipment, the market is segmented into Pre-processing, Processing, Washing, Filling, Seasoning, and Packaging.

Global Fruit & Vegetable Processing  Market: Regional Analysis

Based on regions, the global fruit & vegetable processing market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

North America is estimated to occupy the largest share of the global fruit & vegetable processing market, in terms of value, in 2017, owing to the mature fruit & vegetable processing industry and the presence of major companies such as JBT Corporation, Conagra Brands, and Dole Food. In the Asia Pacific region, India is projected to be the fastest-growing market during the forecast period. The changing lifestyles and preferences, increasing awareness regarding the benefits of processed fruits & vegetables, the growing health-conscious population, higher disposable incomes, and growth of the middle-class population are some of the factors driving the growth of the fruit & vegetable processing market in India. India has a varied agricultural climate, relatively inexpensive labor, and according to the FAOSTAT, it accounted for the second-largest population in the world in 2017, which is expected to support the growth of this industry. Key players in Europe and the U.S. focus on tapping the fruit & vegetable processing market in countries such as India and China, owing to which the Asia Pacific is expected to witness high growth in the coming years.

Europe and LATAM regions have huge market growth potential.

Global Fruit & Vegetable Processing  Market: Competitive Players

The fruit & vegetable processing market  is dominated by key players such as Bosch (Germany), Buhler (Switzerland), GEA Group (Germany), JBT Corporation (US), and Krones (Germany), while the market for processed fruits & vegetables is dominated by Conagra Brands (US), Dole Food (US), Kroger (US), Olam International (Singapore), The Kraft Heinz Company (US), Albertsons (US) Greencore Group (Ireland), and Nestlé (Switzerland). 

Global Fruit & Vegetable Processing  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

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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