Fruit And Vegetable Processing Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
Fruit and vegetable processing refers to a method of increasing shelf life and retaining the quality of fruits and vegetables for long-term preservation. When fruits and vegetables are processed, such as by preparing juices, jams, and jellies, their shelf life is extended. A processing step consists of preparing the raw material.

Sizing and Forecast
The fruit and vegetable processing market size has grown strongly in recent years. It will grow from $221.74 billion in 2023 to $238.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to supply chain efficiency, health and wellness trends, consumer demand for diversity, industrialization of agriculture, retail and distribution trends..

The fruit and vegetable processing market size is expected to see strong growth in the next few years. It will grow to $328.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to plant-based diet movement, clean label and transparency, customization and personalization, rising urbanization, globalization and trade expansion.. Major trends in the forecast period include food safety assurance,transparency and traceability, global flavors and exotic varieties, customization and personalization, functional and fortified foods..

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Segmentation & Regional Insights
The fruit and vegetable processing market covered in this report is segmented –

1) By Product Type: Fresh, Fresh-Cut, Canned, Frozen, Dried And Dehydrated, Convenience
2) By Operation Type: Automatic, Semi-Automatic
3) By Material: Fruits, Vegetables
4) By Processing Systems: Large-Scale Processing, Intermediate-Scale Processing, Small-Scale Processing
5) By Equipment Type: Pre-Processing, Peeling/Inspection/Slicing, Washing And Dewatering, Fillers, Packaging And Handling, Seasoning Systems, Other Equipment

North America was the largest region in the fruit and vegetable processing market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fruit and vegetable processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growth in the demand for convenience food products is driving the fruit and vegetable processing market. Convenience food is often referred to as tertiary processed food that is ready-to-eat processed foods. Convenient food includes fruits and vegetable which is prepared (usually by processing) in a manner that they can be consumed directly. There is usually no need to prepare convenience food before consuming it. Office workers are mostly depending on ready-to-eat foods for convenience. For instance, according to innovations in Food Technology, a B2B international quarterly magazine, the convenience food sector is growing and was estimated at £12,648 million ($15,176.5 million) in the year 2021. Thus, growth in the demand for convenience food products is driving the fruit and vegetable processing market.

Key Industry Players
Major companies operating in the fruit and vegetable processing market report are 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., Conagra Foods, The Agrana Group, Sysco Corporation, B&G Foods Inc., Nestlé S.A., Albertsons Companies Inc., Olam International, SVZ International, Archer Daniels Midland Company, Kraft Heinz Company, GEA Group, Robert Bosch GmbH, Tetra Laval International S.A., SPX Flow Inc., KHS GmbH, HRS Process Systems Ltd., Turatti Srl, Sormac B.V., Vanmark Corporation, Key Technology Inc., TOMRA Systems ASA, Bajaj Processpack Limited

The fruit and vegetable processing market report table of contents includes:

1. Executive Summary

2. Fruit And Vegetable Processing Market Characteristics

3. Fruit And Vegetable Processing Market Trends And Strategies

4. Fruit And Vegetable Processing Market – Macro Economic Scenario

5. Global Fruit And Vegetable Processing Market Size and Growth

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31. Global Fruit And Vegetable Processing Market Competitive Benchmarking

32. Global Fruit And Vegetable Processing Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Fruit And Vegetable Processing Market

34. Fruit And Vegetable Processing Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

Del Monte Foods,

Bühler Holding AG,

Alfa Laval AB,

JBT Corporation,

Syntegon Technology GmbH

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