Press release
2025 Tomato Pastes And Purees Market Outlook: Key Indicators Shaping Growth Through 2034
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What Will the Tomato Pastes And Purees Industry Market Size Be by 2025?_x000D_
The market for tomato pastes and purees has seen significant growth lately. It is predicted to increase from $12.66 billion in 2024 to $13.42 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. The surge witnessed in the historic era can be attributed to escalating urbanisation and increasingly hectic lifestyles, soaring popularity of global cuisines, industry growth in processed food, the spread of e-commerce, and advancements in canning methods._x000D_
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What's the Long-Term Growth Forecast for the Tomato Pastes And Purees Market Size Through 2029?_x000D_
In the forthcoming years, a robust expansion is anticipated for the tomato pastes and purees market, which is predicted to reach $16.75 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.7%. Factors that are expected to drive this growth during the forecast period include rising awareness of health benefits, burgeoning interest in foreign cuisines, an increase in the demand for ready-to-eat foods, expansion in the fast food and restaurant sector, and upsurge in international trade. The key trends projected in this period encompass a surge in the demand for organic and non-GMO products, innovations in products and packaging, expansion of global cuisine, and burgeoning trends in health and wellness._x000D_
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What Are the Key Growth Drivers Fueling the Tomato Pastes And Purees Market Expansion?_x000D_
The growth of the tomato pastes and purees market is expected to accelerate due to the increasing popularity of convenience foods. These are pre-made dishes designed for quick and easy consumption, with little to no preparation required. The surge in demand for these convenience foods stems from heightened health awareness, growing disposable income, and the increasing need for ready-to-eat meals. Quick and easy meal preparations greatly rely on tomato pastes and purees to provide a rich tomato flavor that effortlessly boosts the taste of any dish. The United States Department of Agriculture reported that in 2023, the overall value of processed food products exported from the US jumped to $36.59 billion, marking a 1.7% increase from 2022. As a result, the increasing popularity of convenience foods is boosting the tomato pastes and purees market._x000D_
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What Are the Key Trends Driving Tomato Pastes And Purees Market Growth?_x000D_
Primary players in the tomato pastes and purees industry are concentrating on the creation of inventive goods like sustainable tomato pulp, which can decrease environmental harm, enhance resource usage efficiency, and satisfy the rising demand for green products from consumers. Sustainable tomato pulp is manufactured with an approach that supports nature's preservation, promotes societal equality, and confirms economic feasibility, leading to a superior product that benefits the environment, society, and economy. For example, in April 2022, Cirio S.p.A, an Italian company that specializes in making tomato pulp, introduced the UK market's first climate-neutral tomato pulp. This pioneering accomplishment was made possible through a rigorous policy for environmental sustainability and sponsored by a reforestation effort in southern Italy. The company's pledge towards sustainability encompasses lowering emissions through precise farming methods, utilizing renewable energy sources, using rail for goods transportation, giving value to by-products, and minimizing plastic usage in packaging._x000D_
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How Is the Tomato Pastes And Purees Market Segmented?_x000D_
The tomato pastes and purees market covered in this report is segmented - _x000D_
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1) By Product: Tomato Pastes, Tomato Purees_x000D_
2) By Packaging: Bottles, Tins And Cans, Pouches And Sachets, Jars, Tubes_x000D_
3) By Distribution Channel: Direct Sales, Indirect Sales_x000D_
4) By Application: Residential Application, Commercial Application_x000D_
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Subsegments:_x000D_
1) By Tomato Pastes: Concentrated Tomato Paste, Double Concentrated Tomato Paste, Single Concentrated Tomato Paste, Organic Tomato Paste, Conventional Tomato Paste _x000D_
2) By Tomato Purees: Standard Tomato Puree, Organic Tomato Puree, Ready-To-Use Tomato Puree, Low-Sodium Tomato Puree, Flavored Or Seasoned Tomato Puree_x000D_
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Which Companies Are Leading the Charge in Tomato Pastes And Purees Market Innovation?_x000D_
Major companies operating in the tomato pastes and purees market are Kagome Co. Ltd., Nestle S.A., The Kraft Heinz Company, H. J. Heinz Company, General Mills Inc., Conagra Brands Inc., Olam Group, Conagra Brands Inc., General Mills Inc., Del Monte Foods, Inc., The Morning Star Company, Galla Foods, Dabur Ltd., Red Gold Inc., Riviana Foods Pty Ltd., Neil Jones Food Company, Pacific Coast Producers, Ariza b.v., Chalkis Health Industry, Kissan, Mutti S.p.A., Chitale Agro Industries Private Limited, Organicville Private Limited, Red Duck Foods Inc._x000D_
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Which Regions Are Leading the Global Tomato Pastes And Purees Market in Revenue?_x000D_
North America was the largest region in the tomato pastes and purees market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tomato pastes and purees market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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