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. Global fruit & vegetable processing market revenue growth is expected to be driven by increasing consumer dependency on processed foods due to changing lifestyle.
The latest market intelligence study on the Fruit & Vegetable Processing market performs an extensive analysis of the competitive landscape and growing investment pocket of the Fruit & Vegetable Processing market for the forecast period, 2021 – 2028. The tailor-made study probes into the current and future trends of that are likely to shape the development of the Fruit & Vegetable Processing industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate.
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.
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Some 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.
increasing demand for processed fruit and vegetable products because of rapid changes in dietary habits among consumers in countries in North America is expected to drive growth of the market in the region during the forecast period.
The competitive landscape section of the report talks about the recent advancements in the R&D and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.
Key market participants include 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 global Fruit & Vegetable Processing market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Fruit & Vegetable Processing market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Fruit & 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)
Frozen Fruit Pulp
Fruit Juice Powder
Others (Low-Calorie Products, Compote, Marmalade)
Concentrated Vegetable Juice
Biological Canned Vegetables
Other Vegetable Products
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Dried & Dehydrated
Technology Outlook (Revenue, USD Billion; 2018–2028)
High-Pressure Processing (HPP)
Pulsed Electric Field Processing (PEF)
Processing Systems Outlook (Revenue, USD Billion; 2018–2028)
Equipment Type Outlook (Revenue, USD Billion; 2018–2028)
Washing & Dewatering
Packaging & Handling
Operation Outlook (Revenue, USD Billion; 2018–2028)
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The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Fruit & Vegetable Processing market is segmented into the following based on the key regions of the world:
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)
The all-inclusive report on the Global Fruit & Vegetable Processing Market added by Emergen Research demonstrates that the global Fruit & Vegetable Processing market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Fruit & Vegetable Processing market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
Summary of the Global Fruit & Vegetable Processing Report:
Comprehensive analysis of the market including risks and opportunities
Details of business strategies and plans undertaken by key market players
Analysis of current and future trends that will affect the growth of the market in the forecast timeline
In-depth analysis of drivers and constraints for better understanding of the market
The report encompasses a detailed forecast for the years 2021-2028.
The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.
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