Press release
Fruit and Vegetable Processing Market Surges - 2024 Size $238.84 Billion, Forecasted Growth to $357.01 Billion in 2029
Fruit And Vegetable Processing Global Market Share
What Is The Projected Market Size Of The Global Fruit And Vegetable Processing Market And Its Growth Rate?
The global fruit and vegetable processing market has and continues to demonstrate robust growth.
•The market size was $238.84 billion in 2024.
•It will grow to $257.26 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.7%.
•Subsequent predictions estimate the market reaching $357.01 billion in 2029, with a CAGR of 8.5%.
What Is Driving The Growth In The Fruit And Vegetable Processing Market?
The increase in demand for convenience food products is propelling the fruit and vegetable processing market. Products such as ready-to-eat fruits and vegetables have seen increased consumption, especially among office workers. This demand correlates with the forecasted global ready-to-eat (RTE) food market's growth rate of 4.6% CAGR between 2023 and 2028, as reported by the Ministry of Food Processing Industries.
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Who Are the Key Players Driving Fruit And Vegetable Processing Market Growth?
Key companies in the fruit and vegetable processing market include:
•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.
•And many others
What Are The Key Trends In The Fruit And Vegetable Processing Market?
The fruit and vegetable processing market is witnessing key trends such as:
•Food safety assurance
•Transparency and traceability adoption
•Global flavors and exotic variety inclusion
•Customization and personalization demands
•Production of functional and fortified foods
What Are The Segments Of The Global Fruit And Vegetable Processing Market?
The market is segmented by:
•Product Type (Fresh, Fresh-Cut, Canned, Frozen, Dried and Dehydrated, Convenience)
•Operation Type (Automatic, Semi-Automatic)
•Material (Fruits, Vegetables)
•Processing Systems (Large-Scale Processing, Intermediate-Scale Processing, Small-Scale Processing)
•Equipment Type (Pre-Processing, Peeling/Inspection/Slicing, Washing and Dewatering, Fillers, Packaging and Handling, Seasoning Systems, Other Equipment)
Which Region Leads The Fruit And Vegetable Processing Market?
North America had the largest share in the market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other regions analyzed in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Fruit And Vegetable Processing Market Global Market Report?
Contact The Business Research Company to receive a comprehensive overview of the Fruit And Vegetable Processing Market covering:
- Market Size Analysis: Analyzing market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identifying various subsegments within the market for effective categorization.
- Key Player Focusing on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examining individual growth trends and prospects.
- Market Contribution: Evaluating contributions of different segments to overall market growth.
- Growth Drivers: Detailing influential factors, including opportunities and drivers.
- Industry Challenges: Investigating challenges and risks affecting the market.
- Competitive Developments: Analyzing competitive developments like expansions, agreements, and new product launches.
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