Fruit & Vegetable Processing Market worth $20.86 billion by 2030, growing at a CAGR of 6.67% - Exclusive Report by 360iResearch

The "Fruit & Vegetable Processing Market by Product (Canned, Convenience, Dried & Dehydrated), Operation (Automatic, Semi-Automatic), Equipment, End-Users - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Fruit & Vegetable Processing Market to grow from USD 13.26 billion in 2023 to USD 20.86 billion by 2030, at a CAGR of 6.67%.

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Fruit and vegetable processing refers to the methods and techniques employed to transform raw fruits and vegetables into finished products ready for consumption or further use in the food industry. The processing of fruits and vegetables is a crucial step in the food value chain that enhances preservation, extends shelf life, reduces spoilage, and facilitates transportation. It encompasses various operations, including cleaning, sorting, grading, cutting, blanching, pasteurizing, freezing, fermenting, and packaging. There has been an increasing trend in the consumption of processed fruits and vegetables, driven partly by consumer awareness regarding the health benefits associated with fruit and vegetable intake and partly by the global increase in income levels, which has elevated the spending capacity on such convenience food products. Moreover, changing consumer dietary habits also fuels the demand for market growth. High setup costs and fluctuating raw material prices, Complexity of the supply chain & fruits and vegetables is a time-consuming process hampering market growth. Growing investment in automation and robotics in processing equipment encourage innovations in processing technologies, and growing demand for organic and clean-label products presents new opportunities for expansion in the fruit and vegetable processing market.

The demand for fruit and vegetable processing in the Americas, particularly in North America, is characterized by a preference for convenience and healthy eating trends. The United States and Canada are prominent markets with a high consumption of processed fruits and vegetables in the form of frozen products, juices, and ready-to-eat packages. Moreover, stringent food safety regulations in North America govern the processing industry, ensuring high-quality standards. The European market is mature, with a strong emphasis on health and nutrition, leading to an increase in the demand for fresh and minimally processed fruits and vegetables. Sustainability and the environmental impact of processing are significant concerns influencing the adoption of innovative, eco-friendly processing technologies. In the Middle East, a growing expatriate population and rising health awareness are propelling the market, yet the hot climate necessitates significant importation and, thus, processing of perishable goods. Africa, while still developing in this sector, presents a vast potential with its abundant agricultural resources, and the demand is expected to grow with investments in food processing infrastructure. The Asia-Pacific region is experiencing a rapid shift in the fruit and vegetable processing industry. The region's large population base and growing economic prosperity, particularly in China and India, fueling demand for processed products. The market is characterized by a wide range of traditional and exotic fruits and vegetables, with domestic consumption and export potential driving the industry.

Market Segmentation & Coverage:

This research report categorizes the Fruit & Vegetable Processing Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Canned, Convenience, Dried & Dehydrated, Fresh, Fresh-Cut, and Frozen. The Fresh is projected to witness significant market share during forecast period.

Based on Operation, market is studied across Automatic and Semi-Automatic. The Semi-Automatic is projected to witness significant market share during forecast period.

Based on Equipment, market is studied across Fillers, Packaging & Handling, Peeling, Inspection & Slicing, Pre-Processing Equipment, Seasoning Systems, and Washing & Dewatering. The Seasoning Systems is projected to witness significant market share during forecast period.

Based on End-Users, market is studied across Agriculture and Food & Beverages. The Food & Beverages is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.14% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Fruit & Vegetable Processing Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Fruit & Vegetable Processing Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Fruit & Vegetable Processing Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Albertsons Companies, Inc., Alfa Laval, Archer Daniels Midland Company, B&G Foods Inc., Bonduelle Group., Buhler AG, DeHaat, Dole Food Company, Inc., Döhler GmbH, Finis Food Processing Equipment B.V., Fresca Group, GEA Group AG, Greencore Group Plc, ITC Limited, JBT Corporation, John Bean Technologies, Krones AG, Marel, Mazzoni S.p.A., Neologic Engineers Pvt. Ltd., Nestlé S.A., Pepsico, Inc., Sysco Corporation, The Kraft Heinz Company, and The Kroger Co..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Fruit & Vegetable Processing Market, by Product
7. Fruit & Vegetable Processing Market, by Operation
8. Fruit & Vegetable Processing Market, by Equipment
9. Fruit & Vegetable Processing Market, by End-Users
10. Americas Fruit & Vegetable Processing Market
11. Asia-Pacific Fruit & Vegetable Processing Market
12. Europe, Middle East & Africa Fruit & Vegetable Processing Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Fruit & Vegetable Processing Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Fruit & Vegetable Processing Market?
3. What is the competitive strategic window for opportunities in the Fruit & Vegetable Processing Market?
4. What are the technology trends and regulatory frameworks in the Fruit & Vegetable Processing Market?
5. What is the market share of the leading vendors in the Fruit & Vegetable Processing Market?
6. What modes and strategic moves are considered suitable for entering the Fruit & Vegetable Processing Market?

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