Fruit And Vegetable Processing Market Size, Gross Margin Analysis, Opportunities And Trends By Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Fruit And Vegetable Processing Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $36.63 billion In 2028 At A CAGR Of 9.4% :

The fruit and vegetable processing market size has grown strongly in recent years. It will grow from $221.74 billion in 2023 to $238.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to supply chain efficiency, health and wellness trends, consumer demand for diversity, industrialization of agriculture, retail and distribution trends.

The fruit and vegetable processing market size is expected to see strong growth in the next few years. It will grow to $328.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to plant-based diet movement, clean label and transparency, customization and personalization, rising urbanization, globalization and trade expansion. Major trends in the forecast period include food safety assurance,transparency and traceability, global flavors and exotic varieties, customization and personalization, functional and fortified foods.

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Fruit And Vegetable Processing Market Major Segments
The fruit and vegetable processing market covered in this report is segmented -

1) By Product Type: Fresh, Fresh-Cut, Canned, Frozen, Dried And Dehydrated, Convenience
2) By Operation Type: Automatic, Semi-Automatic
3) By Material: Fruits, Vegetables
4) By Processing Systems: Large-Scale Processing, Intermediate-Scale Processing, Small-Scale Processing
5) By Equipment Type: Pre-Processing, Peeling/Inspection/Slicing, Washing And Dewatering, Fillers, Packaging And Handling, Seasoning Systems, Other Equipment

Key Driver - The Surging Demand For Ready-To-Eat Foods Propels The Fruit And Vegetable Processing Market

The growth in the demand for convenience food products is driving the fruit and vegetable processing market. Convenience food is often referred to as tertiary processed food that is ready-to-eat processed foods. Convenient food includes fruits and vegetable which is prepared (usually by processing) in a manner that they can be consumed directly. There is usually no need to prepare convenience food before consuming it. Office workers are mostly depending on ready-to-eat foods for convenience. For instance, according to innovations in Food Technology, a B2B international quarterly magazine, the convenience food sector is growing and was estimated at £12,648 million ($15,176.5 million) in the year 2021. Thus, growth in the demand for convenience food products is driving the fruit and vegetable processing market.

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Prominent Trend - Energy-Efficient Equipment Reshapes The Landscape Of Fruit And Vegetable Processing

Adoption of energy-efficient food processing equipment in are a key trend gaining popularity in the fruit and vegetable processing market. Major companies operating in the market are advancing toward the use of energy-efficient equipment, such as the multi-level impingement freezer, an energy-efficient freezer for various thin food product processing. For instance, in March 2022, OctoFrost, a Sweden-based supplier of food processing equipment, launched the Multi-Level Impingement Freezer, which uses a high-speed airstream for the product from both sides. This equipment has high energy efficiency because it facilitates quicker freezing when compared to other belt freezers because of its high volume and speed of cold air streams from the top as well as the bottom. Due to the various belt levels and the OctoFrost Impingement Freezer's compact design, manufacturing capacity per factory increased to more than double.

Fruit And Vegetable Processing Market Players
Major companies operating in the fruit and vegetable processing market report are Del Monte Foods, Bühler Holding AG, Alfa Laval AB, JBT Corporation, Syntegon Technology GmbH, Krones AG, Bigtem, FENCO Food Machinery SRL, Dole PLC., Heat and Control Inc., Conagra Foods, The Agrana Group, Sysco Corporation, B&G Foods Inc., Nestlé S.A., Albertsons Companies Inc., Olam International, SVZ International, Archer Daniels Midland Company, Kraft Heinz Company, GEA Group, Robert Bosch GmbH, Tetra Laval International S.A., SPX Flow Inc., KHS GmbH, HRS Process Systems Ltd., Turatti Srl, Sormac B.V., Vanmark Corporation, Key Technology Inc., TOMRA Systems ASA, Bajaj Processpack Limited

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Largest And Fastest Growing Region In The Market
North America was the largest region in the fruit and vegetable processing market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fruit and vegetable processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Fruit And Vegetable Processing Market Report Structure
3. Fruit And Vegetable Processing Market Trends And Strategies
4. Fruit And Vegetable Processing Market - Macro Economic Scenario
5. Fruit And Vegetable Processing Market Size And Growth
…..
27. Fruit And Vegetable Processing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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