Fruit & Vegetable Processing Market Forecasts to 2028 – Global Analysis By Product Type (Frozen, Dried & Dehydrated, Fresh, Canned, Convenience, and Fresh-Cut), Equipment Type, Type, Operation Type, Application and By Geography
According to Stratistics MRC, the Global Fruit & Vegetable Processing Market is accounted for $302.25 billion in 2020 and is expected to reach $602.26 billion by 2028 growing at a CAGR of 9.0% during the forecast period. The advancement of the fruit & vegetable processing industry and consumer dependence on prepared food with changing lifestyles are the major factors propelling the market growth. However, an increase in the cost of power & energy is hampering the market growth.
Fruit and Vegetable processing is part of food processing which deals with the transformation of agricultural products into food, or of one form of food into other types. Processing of fruits and vegetable aids to produce products for direct consumption and as food ingredients.
Based on the type, the vegetables segment is estimated to have a huge demand during the forecast period due to the increase in health consciousness among consumers and the growing vegetarian population.
By geography, the Asia Pacific is going to have lucrative growth during the forecast period. The varying lifestyles and preferences, the rising health-conscious population, and the growth of the middle-class population are some of the factors pouring the growth of the fruit & vegetable processing market.
Some of the key players profiled in the Fruit & Vegetable Processing Market include Albertsons, Bosch, Buhler, Conagra Brands, Dole Food, GEA Group, Greencore Group, JBT Corporation, Kroger, Krones, Nestle, Olam International, The Kraft Heinz Company, Safeway Inc., and H. J. Heinz Company.
Estimated Market Size in 2020:
USD 302.25 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
Tables, Graphs& Figures
Product Type, Type, Operation Type, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Product Types Covered:
• Dried & Dehydrated
Equipment Types Covered:
• Pre-Processing Equipment
• Processing Equipments
• Washing & Dewatering
• Packaging Equipments
• Seasoning Systems
• Other Equipment Types
• Other Types
Operation Types Covered:
• Food Processing Plants
• Ready to Eat Food
• Fermentation and Pickling
• Blanching/Minimally Processed
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Fruit & Vegetable Processing Market is majorly driven by the advancement of the fruit & vegetable processing industry, automation and robotics in processing equipment, and consumer dependence on prepared food with changing lifestyles.
The fillers segment is growing at the highest CAGR due to the increase in innovations and technological advancements.
North America dominated with a significant market share owing to the mature fruit & vegetable processing industry and the presence of major companies such as JBT Corporation, Conagra Brands, and Dole Food.
Asia Pacific market is growing at the highest CAGR owing to growing awareness regarding the benefits of processed fruits & vegetables and the mounting health-conscious population.
Key players in Fruit & Vegetable Processing Market include Albertsons, Bosch, Buhler, Conagra Brands, Dole Food, GEA Group, Greencore Group, JBT Corporation, Kroger, Krones, Nestle, Olam International, The Kraft Heinz Company, Safeway Inc., and H. J. Heinz Company.
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