Processed Fruit Market is expected to reach USD 21,724.51 Million by 2028 : Cognitive Market Research

Market Overview:
Processed fruits are fruits that have been transformed from raw food components to a ready-to-eat state. Fruit can be processed in a variety of ways, including canning, drying, and juicing, fresh, fresh cuts, fruit preserves, canned fruit, fruit juice dries, and dried fruit.
Fruits that have been processed are particularly effective since the nutritious value of the fruit is preserved. The fruits are processed in numerous ways, which prevents enzyme breakdown and deterioration. Sometimes additives, preservatives, and sugar are added to processed fruit to make it appear and taste better than it would otherwise when a client eventually opens the product to consume it.
Traditional fruit processing methods currently on the market include heat treatment, fermentation, pickling, smoking, drying, and curing. Several current approaches, including pasteurization, ultra-heat treatment, high-pressure processing, and modified environment packing, are being developed at the moment.

Market Insights:
• The Global Processed Fruit Market is expected to reach USD 21,724.51 Million by the end of 2028, growing at a CAGR of 6.29% between 2023 and 2030.
• The Fresh Revenue is estimated to reach at USD 3,129.15 Million in 2028
• The North America Processed Fruit market size is projected to reach at USD 7,550.57 Million in 2028.

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Market Drivers:
• Rise in disposable income and spending habits
Disposable income, otherwise called disposable personal income (DPI), is the measure of cash that family units have accessible for spending and sparing after annual duties have been represented. Expendable individual pay is frequently checked as one of the many keys monetary markers used to measure the general condition of the economy. With the ongoing monetary development of the nation, the per capita extra cash of shoppers has expanded, because of which buyers can spend more cash on great food items at retail outlets. Because of the expanded discretionary cash flow, shopper spending on self-care and slackening activities has likewise expanded.
Aside from that, as disposable incomes rise and the socioeconomic environment shifts, food consumption habits are expected to shift in favor of processed foods that are convenient, sanitary, and consistent in quality. The value of processed fruits and vegetables sold in the Indian packaged foods sector was 232.2 million dollars in 2020. In comparison to 2012, this packaged food category had a considerable increase in sales value across the country.
• Increasing health awareness among the population
Healthy food development has become a relentless pattern, due to massive part to a more prominent social attention to nutrition. The move towards more advantageous foods has been driven by shopper requests, and when all is said in done the business has rushed to react, with numerous brands reformulating or re-promoting their merchandise.
Similarly, good nutrition is an important part of leading a healthy lifestyle. Combined with physical activity, diet can help an individual to reach and maintain a healthy weight, reduce the risk of chronic diseases (like heart disease and cancer), and promote overall health. As needs are, a comprehensive way to deal with wellbeing and nourishment includes the thought of different components about food decisions.
• Restraints for Processed Fruit Market
High cost associated with the processing of fruits
• Opportunities for Processed Fruit Market
Rising e-commerce activities

Market Segmentation:
Product
• Fresh
Fresh and lightly processed fruits are very perishable, and postharvest physiological changes and microbiological contamination are common throughout post-harvest- harvest transit, processing, storage, and retail display. As a result, it employs modified atmosphere packaging (MAP) technologies to preserve the freshness and quality of fresh and little processed products while also delaying deterioration and prolonging shelf life. The barrier qualities of the material are carefully selected in this sort of packing based on the fruit's respiration characteristics. In certain circumstances, fresh fruits are processed to produce a variety of juices and purees.
• Fresh-cut
Fresh-cut fruits for human consumption that have been little processed and altered in the form before being packed for use by the consumer or a retail institution, such as peeling, slicing, chopping, shredding, coring, or trimming, with or without washing. Fresh-cut processing allows for a thorough examination of sliced pieces to the center of the fruit. As a result, it can be utilized to reduce the requirement for quarantine treatment to improve market access. Similarly, various research organizations have been involved in optimization in appropriate fresh-cut processing procedures and its consumption to meet the demands of both domestic and international markets. Additionally., there are adequate mechanization inputs, which are designed to assist and speed up processing because of the natural characteristics of tropical fruits (particularly the skin and size).
• Canned
• Frozen
• Dried

Sales Channel
• Online Channel
• Offline Channel
Offline-Distribution refers to the advertisement, presentation, and/or sale of products in a physical store setting and/or any other setting in which the people participating in the commercial activity contact face to face. Several processed fruit manufacturers are focused on the offline distribution channel. Some companies have distribution partners that assist them in selling their goods. Processed fruit can be available in hypermarkets, supermarkets, local grocery stores, specialized stores. Currently, there is high demand for processed fruits has been observed. Hence the manufacturers are focused on penetration of their sales channel. Hence, there is a large number of offline sales channels for processed fruits are available in the market

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Competitive Analysis for The global Processed Fruit Market:
ADM, Sysco Corporation, Conagra Foodservice Inc., PFS, Dole Packaged Foods, LLC, Royal Ridge Fruits, Capricorn Food Products India Ltd., ALFA LAVAL, Tricom Fruit Products Limited, Capuzzo S.r.l., Freudenberg Group, Saraf Foods Ltd, Mysore Fruits, Rhodes Food Group, Del Monte, MANDAR FOOD PRODUCTS, AOHATA CORPORATION., Reid Produce Co., Speyfruit Ltd., PACIFIC COAST FRUIT COMPANY, Washington Fruit & Produce Co

ADM
ADM is the US based agricultural processor and food ingredient provider. The company offers its products under three segments including agriculture & oilseeds, carbohydrates and nutrition segment. The products of the company include oils and meal from soybeans, cottonseed, sunflower seeds, canola, peanuts, flaxseed, Palm kernel and DAG oil, as well as corn germ, corn gluten feed pellets, syrup, starch, glucose, dextrose, crystalline dextrose, high fructose corn syrup sweeteners, chocolate, ethanol, and many others.
The products offered by company are used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide. The company also provides agricultural storage and transportation services.

NEWS
• September 2021
ADM has further expanded global nutrition capabilities with advanced flavor production facility in Pinghu, China
The flavor facility in Pinghu is expected to serve as ADM's flavor supply hub in APAC, allowing to leverage company's expertise and leading-edge technologies and build out the ADM pantry to further meet customer needs and advance company's growth strategy.
• February 2021
Dole Packaged Foods opens new frozen fruit facility in McDonough, Georgia
Dole Packaged Foods, LLC unveiled a new state-of-the-art frozen fruit factory in McDonough, Georgia. This is Dole's third frozen fruit factory in the United States, joining operations in Atwater, California, and Decatur, Michigan. The new Dole plant will be around 60,000 square feet, completely automated, and will feature four production lines capable of producing 60 million pounds of frozen fruit yearly when fully operational.

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