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Processing Strawberry Global Market Report 2024 by The Business Research Company | J.R. Simplot Company; Dole plc; Greenyard NV; Fresh Del Monte Produce Inc.; Ardo; Keelings; Hortifrut S.A.; T&G Global Limited; Wish Farms Inc.
The processing strawberry market size has grown rapidly in recent years. It will grow from $86.15 billion in 2023 to $95.02 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to the growth in awareness of health benefits, increased popularity of organic and locally sourced strawberries, focus on sustainable farming practices, growth in demand for fresh strawberries, and increased shelf space for fresh produce.The processing strawberry market size is expected to see rapid growth in the next few years. It will grow to $141.79 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to increasing demand for processed strawberry products, increasing indoor and vertical farming, growing demand for organic strawberries, and the expanding food industry. Major trends in the forecast period include precision farming, automation in harvesting, drone technology, data analytics, packaging and preservation technologies, irrigation systems, greenhouse cultivation, and pest control methods.
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Processing Strawberry Market Major Segments
The processing strawberry market covered in this report is segmented -
1) By Type: Dried Strawberry, Strawberry Tart, Freeze-Dried Strawberry, Canned Strawberry, Strawberry Jam, Strawberry Puree, Other Types
2) By Application: Online Sales, Offline Sales, Food Service, Food Processing Industry
3) By Distribution Channel: Supermarkets Or Hypermarkets, Specialty Stores, Convenience Stores, Online Retail
Key Driver - Growing Demand For Processed Foods Fuels Processing Strawberry Market Growth
Growing demand for processed foods is expected to propel the growth of the processing strawberry market going forward. Processed foods refer to food items that have undergone some form of alteration from their natural state through various methods such as cooking, freezing, canning, or packaging. Increasing demand for processed foods is driven by convenience, changing lifestyles, and expanding urbanization. Processing strawberries is essential for creating a wide range of processed food products that offer convenience, versatility, and enhanced flavor to consumers while also supporting the sustainability and profitability of the strawberry industry. For instance, in October 2023, according to the Agriculture and Agri-Food Canada (AAFC), a Canada-based government department, the export value of processed food and beverage products reached an all-time high of $54.3 billion in 2022, marking a 14.1% rise from the previous year and constituting 34.7% of the production value. Therefore, the growing demand for processed foods is driving the growth of the processing strawberry market.
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Prominent Trend - Key Players Innovations In The Processing Strawberry Market
Major companies operating in the processing strawberry market are focused on developing innovative processing solutions, such as semi-autonomous harvesting robots, to improve efficiency and reduce costs. Semi-autonomous harvesting robots for strawberry processing are robotic systems designed to assist human strawberry pickers in the field during harvesting operations. For instance, in March 2021, AgPro Robotics Inc., a US-based agriculture technology company, launched the StrawBot, a semi-autonomous strawberry harvesting robot designed to support human strawberry pickers by autonomously following them through the field during harvesting, carrying the full baskets of strawberries to the end of each row. The primary purpose of these semi-autonomous robots is to increase production and efficiency in strawberry harvesting by eliminating manual labor and streamlining the process.
Processing Strawberry Market Players
Major companies operating in the processing strawberry market report are J.R. Simplot Company; Dole plc; Greenyard NV; Fresh Del Monte Produce Inc.; Ardo; Keelings; Hortifrut S.A.; T&G Global Limited; Wish Farms Inc.; Goknur Gida; Driscoll's Inc.; Mirak Group; Red Sun Farms; Rainier Fruit Company; Scenic Fruit Company; California Giant Berry Farms; Sun Belle Inc.; Albaugh LLC; Red Blossom Strawberry Nursery; Bobalu Berries; Well Pict Berries Inc.; Fresgarrido
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Largest And Fastest Growing Region In The Market
North America was the largest region in the processing Strawberry market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the processing strawberry 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. Processing Strawberry Market Report Structure
3. Processing Strawberry Market Trends And Strategies
4. Processing Strawberry Market - Macro Economic Scenario
5. Processing Strawberry Market Size And Growth
…..
27. Processing Strawberry Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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