Fruit & Vegetable Processing Market to Reach USD 753.36 Billion by 2034, Driven by e-Commerce and Global Food Trends

The global fruit & vegetable processing market, valued at US $361.23 billion in 2024, is on course to nearly double over the next decade-projected to reach US $753.36 billion by the end of 2034, expanding at a robust CAGR of 7.6 %.

Growing number of online services and modern retail formats are enabling easy access to processed fruits and vegetables to consumers. Particularly, e-Commerce platforms are grabbing the attention of tech-savvy consumers by providing quick home delivery options and a diverse product selection.

Increasing global exposure through travel, media, and migration is contributing to the fruit & vegetable processing market growth because of the rising acceptance of a wide range of food products.

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Key Takeaways from Market Study:

1. The global fruit & vegetable processing market is estimated at US$ 361.23 billion in 2024.
2. The market is projected to rise at a CAGR of 7.6% and reach US$ 753.36 billion by 2034.
3. Rising demand for convenience foods is boosting the growth of processed fruit and vegetable products.
4. Increasing health consciousness is driving the consumption of processed fruits and vegetables with high nutritional value.
5. Technological advancements in processing and packaging are enhancing product shelf life and quality.

Leading Players Driving Innovation in the Fruit & Vegetable Processing Market:

Dole Food Company Inc.; Kraft Heinz Company; Conagra Brands, Inc.; Fresh Del Monte Produce Inc.; Agrana Beteiligungs-AG; Sorma Group; Del Monte Foods, Inc.; Pinnacle Foods, Inc.; Bonduelle Group; Taylor Farms

Key Market Catalysts & Trends:

Convenience-led demand: Time-pressed consumers are increasingly opting for ready-to-eat and pre-prepared items including juices, pre-cut vegetables, and ready-made salads.
Innovative processing techniques: Emerging technologies such as freeze-drying, cold-pressing, and aseptic processing are delivering superior nutrient retention, extended shelf life, and reduction of food waste.

E‐commerce boom & retail evolution: Growth in online grocery platforms and modern retail channels is enhancing accessibility to processed fruit and vegetable products.
Global palate expansion: Rising interest in exotic fruit and vegetable products is fuelled by increased global exposure through travel, media, and migration.
Segment Highlights

Canned segment: Leading the market with a 2024 valuation of US $145.51 billion, projected to reach US $314.27 billion by 2034, expanding at a CAGR of 8.1 %.

Retail channel dominance: Grocery wholesalers and supermarkets spearhead distribution, with sales projected to hit US $409.38 billion by 2034, growing at 7.9 % CAGR.

Geographic Outlook

North America: Sales of convenience-focused products continue to climb, supported by advanced processing infrastructure; regional value reached US $41.53 billion in 2024.

East & Western Europe: High demand for frozen and processed items positions these regions as significant contributors to global volume.

East Asia & South Korea: East Asia expected to grow at 7.5 % CAGR, with South Korea alone achieving US $20.06 billion in 2024 and forecast to reach US $45.99 billion by 2034, rising at 8.7 % CAGR.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the Fruit & Vegetable Processing Market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The fruit and vegetable processing market is segmented based on product & service, major market, and region. In terms of product and service, the market encompasses canned fruits and vegetables, frozen fruits and vegetables, juices, pre-cut vegetables, ready-made salads, and dried & dehydrated food.

By major market, the demand is categorized across grocery wholesalers and supermarkets, food service industries and food processors, other food manufacturers, and other retail stores. Geographically, the market is analyzed across several key regions including North America, Western Europe, Eastern Europe, Latin America, East Asia, South Asia & Pacific, and the Middle East & Africa, reflecting diverse consumption trends and processing capabilities.

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