Global Fruit & Vegetable Processing Market Size to Reach USD 704.88 Billion in 2032 | Emergen Research

Steady change in the dietary habits among consumers and rapid integration of automation and robotics with processing equipment are key factors driving market revenue growth

| Source: Emergen Research Emergen Research

Vancouver, Oct. 19, 2023 (GLOBE NEWSWIRE) -- The global 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. Steady change in dietary habits among consumers is a key factor expected to drive global fruit & vegetable processing market revenue growth during the forecast period. Rising integration of automation and robotics with processing equipment is expected to further augment market growth. Rising disposable income in developing countries such as China, Japan, India, and South Korea is expected to boost market growth to a significant extent going ahead.

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However, stringent regulations to ensure consumer safety is expected to hamper global fruit & vegetable processing market growth to some extent during the forecast period.

Scope of Research

Report DetailsOutcome
Market size in 2020USD 304.50 Billion
CAGR (2023–2032)7.3%
Revenue forecast in 2032USD 704.88 Billion
Base year for estimation2020
Historical data2018–2019
Forecast period2023–2032
Quantitative unitsRevenue in USD Billion and CAGR in % from 2023 to 2032
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredType, Product Type, Technology, Processing Systems, Equipment Type, Operation, and Region
Regional scopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country scopeU.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA
Key companies profiledGreencore 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.
Customization scope10 hours of free customization and expert consultation

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Major Companies and Competitive Landscape

The global fruit & vegetable processing market is fairly fragmented, with a number of large and medium-sized market players accounting for a major revenue share. Key players are deploying various strategies, entering into mergers and acquisitions, strategic agreements, and contracts, adopting more advanced technologies in fruit & vegetable processing equipment, developing, testing, and introducing new and more efficient systems in the market. Some prominent players operating in the fruit & vegetable processing market are:

  • 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
  • Nestlé S.A.

Strategic Development

In March 2021, AutoCoding Systems Ltd. acquired by JBT Corporation. Capabilities of JBT in packaging line equipment and associated devices, such as coding and label inspection and verification, will be expanded through the acquisition of AutoCoding.

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Some Key Highlights From the Report

  • Increasing demand for processed vegetables globally is driving revenue growth of the vegetable products segment, which is expected to register a significantly rapid CAGR over the forecast period.
  • The frozen segment is expected to register significant revenue growth over the forecast period due to increasing demand for frozen food products globally.
  • The fillers segment is expected to register significant revenue growth over the forecast period. Filling systems are required for filling processed products in bottle or in pouches, which is expected to boost growth of this segment.
  • The automatic segment is expected to register significant revenue growth over the forecast period. Increasing traction of e-commerce distribution channels and organized retail has been driving need for faster processing and higher quality products, which is expected to augment revenue growth of this segment.
  • Europe is expected to register a significantly stable revenue growth rate during the forecast period due to robust presence of international and domestic market player such as Greencore Group plc, Syntegon Technology GmbH, and The Bühler Holding AG among others in countries in the region.

Browse the complete Global Fruit & Vegetable Processing Market Research Report – Industry Analysis, Size, Share, Growth, Trends @ 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; 2019–2032)
    • 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; 2019–2032)
    • Frozen
    • Canned
    • Dried & Dehydrated
    • Others
  • Technology Outlook (Revenue, USD Billion; 2019–2032)
    • High-Pressure Processing (HPP)
    • Microwave Processing
    • Pulsed Electric Field Processing (PEF)
  • Processing Systems Outlook (Revenue, USD Billion; 2019–2032)
    • Small-Scale Processing
    • Intermediate-Scale Processing
    • Large-Scale Processing
  • Equipment Type Outlook (Revenue, USD Billion; 2019–2032)
    • Pre-Processing Equipment
    • Peeling/Inspection/Slicing
    • Washing & Dewatering
    • Fillers
    • Seasoning
    • Packaging & Handling
    • Others
  • Operation Outlook (Revenue, USD Billion; 2019–2032)
    • Automatic
    • Semi-Automatic
  • Regional Outlook (Revenue, USD Billion; 2019–2032)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. BENELUX
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

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