Aided by the Rising Production and Consumption of Processed Tomatoes the Demand for Tomato Processing Machines Increases. FMI Taps Key Trends

The market for tomato processing equipment is expected to develop from its current value of US$ 1.3 billion in 2023 to US$ 1.9 billion in 2033 at a CAGR of 3.6%.

For many years, processed tomato products have been consumed in a number of western nations. In recent years, the consumption of tomato-based goods has increased dramatically and quickly in emerging nations. This is a result of the middle class's growth and the westernisation of food habits. Influential end customers of these items include numerous fast-food establishments worldwide.

This can be ascribed to the recent fast urbanisation as well as the rise in income levels experienced by people all over the world, which is anticipated to enhance the use of tomato processing equipment. A little more than 80% of the tomatoes grown around the world are consumed fresh, while the remaining 20% are processed into purees, soups, tomato ketchup, pickles, juices, and sauces.

Tomato paste and puree are the two main tomato products produced, and both need the creation of tomato processing equipment. The foundation for secondary tomato-processed products is laid by primary tomato-processed products.

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Notably, the ketchup and sauce business consumes the most tomato paste and puree, which drives increased demand for tomato processing equipment. In addition, after the food industry, the beverage and culinary products industries are the world's second-largest manufacturers of tomato pastes and purees.

Key Takeaways

Due to the rising urbanisation, the consumption of prepared foods and products made from tomatoes has increased significantly in both emerging and industrialised nations.

Manufacturers of processed foods and tomato paste processors are looking into ready-to-eat items to suit the increased demand because the market for such products is expanding consistently.

The demand for tomato processing equipment is anticipated to rise as the global market for tomatoes is predicted to reach 43.4 million tonnes by 2022.

The market is primarily being driven by the widespread use of processed tomatoes in the food service industry in hotels, restaurants, and fast-food outlets. This is due to the vast applications of processed tomatoes in sectors such as household products, food processing, and snack foods. One of the industries with the quickest growth rates worldwide is fast food, and as the organised retail sector expands, it is giving the market's expansion even more momentum.

Because they have more health advantages and may keep longer, processed tomatoes are becoming very popular. As a processed product, tomato puree is particularly significant since it can be used across a wide variety of value-added products such as tomato juice, ketchup, paste, strained tomato pulp, pickles, pasta, pizza sauces, salsa, gravies, ready-to-eat curries, and tomato-based powders.

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Competitive Landscape

Key players operating the global tomato processing machines market include

J.G. Boswell Tomato Company

Chumak Company

Morning Star Company

CONESA Group

Food & Biotech Engineers (India) Pvt. Ltd.

CFT Group

Avure Technologies

JBT Corporation

Key Developments for Tomato Processing Machine Market

The leading global food and beverage technology provider, JBT Corporation, announces the launch of its FVPGrowTM and Chopper Blender SE technologies on October 7, 2022. These technologies are designed for juice and purée processing customers who require smaller, more versatile machinery across their production lines. 

Tomato Processing Machine Market by Category

By Mode of Operation, the Tomato Processing Machines Market is Segmented as:

Automatic

Semi-Automatic

Manual

By End Use, the Tomato Processing Machines Market is Segmented as:

Processing

HoReCa

Others

By Sales Channel, Tomato Processing Machine Market is Segmented as:

Direct

Retail Sales

By Region, Tomato Processing Machine Market is Segmented as:

North America

Latin America

Europe

The Middle East and Africa

East Asia

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

This release was published on openPR.