Last Updated, Mar 2, 2022, 5:28 PM 7Newswire
Fruit & Vegetable Processing Market to Reach USD 531.76 Billion by 2028; Increasing number of health-conscious consumers
7newswire

Increasing consumer dependency on processed foods, changing lifestyle, and rising need for using chemical approaches to limit microbial growth are some key factors driving market growth

fruit & vegetable processing market size reached USD 304.50 Billion in 2020 and is expected to register a CAGR of 7.3%, during the forecast period, according to latest analysis by Emergen Research. Global fruit & vegetable processing market revenue growth is expected to be driven by increasing consumer dependency on processed foods due to changing lifestyle. Increasing need for using chemical approaches to limit microbial growth is expected to further augment global fruit & vegetable processing market revenue growth over the forecast period. Increasing number of health-conscious consumers is also expected to boost market growth.

However, high set-up cost of processing equipment and rising power and energy costs are expected to hamper growth of the global fruit & vegetable processing market over the forecast period.

Based on the in-depth analysis the research also brings to light major facts pertaining to the vital aspects such as market share, size, and growth rate. Deep dive into other aspects including the investment feasibility, demand and supply, import and export status, supply chain management and growth prospects narrates a lot about what the business environment will be like for the forecast period,2021 – 2028. All the vital statistics in the report are explained with the help of resources such as tables, charts, and info graphics.

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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Fruit & Vegetable Processing market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Companies profiled in the global Fruit & Vegetable Processing market:

  • Greencore Group plc, Kraft Heinz Company, Del Monte Foods, Inc., Conagra Brands, Inc., JBT Corporation, Syntegon Technology GmbH, The Bühler Holding AG, GEA Group AG, Olam International Limited, and Nestlé S.A.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Key Highlights From the Report

  • Fruit products segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing demand for processed fruit products globally is expected to boost revenue growth of this segment going ahead.
  • The canned segment is expected to lead in terms of revenue over the forecast period due to increasing demand for canned fruits and vegetable products in both developed and developing countries.
  • The High-Pressure Processing (HPP) segment is expected to lead in terms of revenue over the forecast period due to increasing usage of HPP technology for processing jams and similar products.
  • The small-scale processing segment is expected to lead in terms of revenue over the forecast period due to increasing usage of small-scale processing systems by small-scale farmers.

To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.emergenresearch.com/industry-report/fruit-and-vegetable-processing-market

Emergen Research has segmented the global fruit & vegetable processing market on the basis of type, product type, technology, processing systems, equipment type, operation, and region:

  • Type Outlook (Revenue, USD Billion; 2018–2028)
    • Fruit Products
      1. Frozen Fruit
      2. Jam
      3. Fruit Jellies
      4. Pasteurized Fruit
      5. Fruit Cheese
      6. Frozen Fruit Pulp
      7. Pasteurized Mash
      8. Candied Fruits
      9. Dried Fruit
      10. Fruit Juice
      11. Fruit Juice Powder
      12. Fruit Syrup
      13. Others (Low-Calorie Products, Compote, Marmalade)
    • Vegetable Products
      1. Frozen Vegetables
      2. Vegetable Juice
      3. Concentrated Vegetable Juice
      4. Pasteurized Vegetables
      5. Sterilized Vegetables
      6. Marinated Vegetables
      7. Biological Canned Vegetables
      8. Vegetable Sauce
      9. Other Vegetable Products
  • Product Type Outlook (Revenue, USD Billion; 2018–2028)
    • Frozen
    • Canned
    • Dried & Dehydrated
    • Others
  • Technology Outlook (Revenue, USD Billion; 2018–2028)
    • High-Pressure Processing (HPP)
    • Microwave Processing
    • Pulsed Electric Field Processing (PEF)
  • Processing Systems Outlook (Revenue, USD Billion; 2018–2028)
    • Small-Scale Processing
    • Intermediate-Scale Processing
    • Large-Scale Processing
  • Equipment Type Outlook (Revenue, USD Billion; 2018–2028)
    • Pre-Processing Equipment
    • Peeling/Inspection/Slicing
    • Washing & Dewatering
    • Fillers
    • Seasoning
    • Packaging & Handling
    • Others
  • Operation Outlook (Revenue, USD Billion; 2018–2028)
    • Automatic
    • Semi-Automatic

Subject matter experts behind the study dive deep into the competitive landscape to assess the top performers across the world and unearth the strategies that have given them a competitive edge over others operating in the Fruit & Vegetable Processing industry. Other vital aspects including the market share, size and growth rate for the forecast period, 2021 – 2028 also forms an important of the study and valuable resource for business owners, stakeholders, and marketing personnel planning to zero in on their business strategy.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Detailed Regional Analysis covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Features of the Fruit & Vegetable Processing Market Report:

  • The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
  • The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
  • Evaluation of key current and emerging market trends and growth prospects
  • It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
  • Brief overview of industry with regards to research and development, technological advancements, and product development
  • In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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