The Business Research Company’s Fruit And Vegetable Processing Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Fruit And Vegetable Processing Global Market Report 2023 evaluates fruit and vegetable processing market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global fruit and vegetable processing market size is expected to grow from $206.65 billion in 2022 to $221.88 billion in 2023 at a compound annual growth rate (CAGR) of 7.37%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the fruit and vegetable processing market size is expected to grow to $294.01 billion in 2027 at a CAGR of 7.29%.
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, Furthermore, in 2020, Grofers, an online grocery delivery service, sales surged by 170% in the ready-to-eat category, and 31% in the ready-made meals. Thus, growth in the demand for convenience food products is driving the fruit and vegetable processing market.
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The fruit and vegetable processing market segments in the report are:
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
The table of contents in TBRC’s fruit and vegetable processing market report includes:
- Executive Summary
- Fruit And Vegetable Processing Market Characteristics
- Fruit And Vegetable Processing Market Trends And Strategies
- Fruit And Vegetable Processing Market – Macro Economic Scenario
- Fruit And Vegetable Processing Market Size And Growth
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- Africa Fruit And Vegetable Processing Market
- Fruit And Vegetable Processing Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Fruit And Vegetable Processing Market
- Fruit And Vegetable Processing Market Future Outlook and Potential Analysis
- Appendix
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