Fruit and Vegetable
Processing Market Growing at a Significant CAGR to the Forecast
The global Fruit and Vegetable Processing Market size is projected to reach a CAGR of 6.4%
from 2023-2030.
Processing fruits
and vegetables is very important to produce products for direct consumption and
as food ingredients. During processing, the main objectives are to preserve the
colour, flavour, texture, and nutrition while prolonging the shelf life of perishable
fruits and vegetables. Processing (canning, drying, freezing, and preparation
of juices, jams, and jellies) increases the shelf life of fruits and
vegetables.
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Growth in the Fruit and Vegetable
Processing Market can largely be attributed to factors such as the Rising
understanding of fruit and vegetable benefits is a major factor fruit -
vegetable processing market. Furthermore, the factors that will propel the
growth of the market are rising demand for convenience foods, increasing food
service industry, and increasing modern retail outlets driving the
fruit-vegetable processing market growth.
Recent Developments
In September 2021, The Kraft Heinz Company entered
into an agreement to acquire “Hemmer,” a Brazilian company focused on
condiments and sauces. The acquisition is designed to expand consumers’ taste
options in Brazil while supporting Kraft Heinz’s strategy of growing its
International Taste Elevation product platform and its presence in emerging
markets.
In June 2021, the Kraft Heinz Company announced today
that it has reached an agreement to purchase Assan Foods. Assan Foods
manufactures and sells a wide range of products, including those that appeal to
a variety of international cuisines and are sold under brands including
Colorado.
Prominent Players
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Asia Pacific to Dominate the Market
The market was the largest in the Asia Pacific region, owing
to the high production of fruits & vegetables and low-cost processing of
fruits & vegetables. The growing demand for nutritional food is
significantly impacting the increasing demand for fruits & vegetables and
is expected to create more investment opportunities in this region, as it
majorly dominates in various agricultural produce.
During the forecast period, the increasing purchasing power
and the wider availability of freezer units such as IQFs are expected to drive
continued geographic expansion by major international players such as McCain
Foods, dominating in processed potato market.
The fruit and Vegetable Processing Market Segmentation:
On the basis of the source
·
Fruits
·
Vegetables
·
Others
On the basis of product type
·
Fresh
·
Fresh-cut
·
Canned
·
Frozen
·
Dried & dehydrated
·
Convenience
On the basis of equipment type
·
Pre-processing
·
Peeling/Inspection/slicing
·
Washing & dewatering
·
Fillers
·
Packaging & handling
·
Seasoning systems
On the basic mode of operation
·
Automatic
·
Semi-automatic
On the basis of the processing system
·
Small Scale
·
Intermediate Scale
On the basis of end-user
·
Packaging
·
Building & Construction
·
Textile
·
Automotive
·
Electrical & Electronics
·
Others
Based on region:
·
Asia Pacific
·
North America
·
Europe
·
South America
·
Middle East & Africa
The Report helps to identify the opportunities in Global Regions:
·
North America (the United States, Canada, and
Mexico)
·
Europe (Germany, UK, France, Italy, Russia,
Turkey, etc.)
·
Asia-Pacific (China, Japan, Korea, India,
Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and
Vietnam))
·
South America (Brazil etc.)
·
The Middle East and Africa (North Africa and GCC
Countries)
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Frequently Asked Questions
·
What are the years considered to study Fruit and
Vegetable Processing Market intelligence report?
·
What is the compound annual growth rate (CAGR)
of the Fruit and Vegetable Processing Market?
·
Which region holds the largest market share in
Fruit and Vegetable Processing Market?
·
Who are the major players in Fruit and Vegetable
Processing Market?
In addition to the market data for Fruit and Vegetable Processing Market,
Delvens offers a client-centric report and customized according to the
company’s specific demand and requirement.
More Related Reports:
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Market
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