The Fruit and Vegetable Processing Market size was USD 8.59 billion in 2022 and is expected to Reach USD 14.0 billion by 2030 and grow at a CAGR of 6.3% over the forecast period of 2023-2030.
Fruit and vegetable processing involve grading and processing the raw vegetables and fruits into pieces, paste, and usually packed in cans. Fruits and vegetables are also frozen, cooled, and dried to increase their shelf life using various procedures such as freeze-dry, sun-dry, and others.
Based on product, the market is segmented into fresh, fresh-cut, canned, frozen, and dried. Canned food is cooked and sealed in cans, and Frozen and Dried fruits & vegetables are fruits and vegetables These above methods are used to preserve their nutrients and flavor. This process provides a long shelf life and is a convenient way to store fruits and vegetables.
Based on processing equipment, the market is segmented into pre-processing, processing, washing, filling, seasoning, and packaging. These processes use various equipment such as blanching, labeling machines, and many others.
Additionally, the industry is anticipated to expand at a faster rate over the forecast period due to the introduction of high-end technologies and an increase in demand for food processing equipment from emerging economies like China, Brazil, India, and South Africa as a result of changes in consumer lifestyle patterns.
KEY DRIVERS
Increase in need for convenience food products
Changing consumer preference in developing countries like China, brazil, India, has witnessed a shift from traditional homemade foods to packaged foods. processed food has gained demand due to busy lifestyles. Further growing per capita income has resulted in demand for read-to-cook items. Convenience food products are gaining popularity among consumers due to their ease of preparation and consumption. Fruit and vegetable processing helps to extend the shelf life of fruits and vegetables, making them ideal for use in convenience food products.
RESTRAIN
Decline in quality of processed Food & vegetables
Adulteration of food or food recalls
Food recalls occur when food products become contaminated as a result of adulteration or breach in the supply chain. This food recall was launched as a consequence of a report or complaint regarding the product's quality. Food recalls can harm food manufacturers' and retailers' reputations, resulting in lost sales and consumer trust. They can also cause supply chain disruption and financial losses. In 2021, there will be over 4,000 food recalls in the United States, according to the Food and Drug Administration (FDA). The most common grounds for food recalls were as follows: Contamination by pathogenic bacteria including Salmonella, Listeria, and E. coli: These bacteria can cause food poisoning. These bacteria can cause foodborne illness, which can lead to hospitalization or even death.
OPPORTUNITY
Raising demand for plant-based foods products
There is a current trend of increased interest in the production of meat substitutes made from plants. A vegan diet is one that only consists of plants and excludes all animal products, such as meat, dairy, eggs, and honey. Additionally, vegans avoid putting on leather and fur. Numerous health advantages, including a decreased risk of heart disease, stroke, type 2 diabetes, and various cancers, have been associated with vegan diets. Concerns about how animals are treated in the food sector are widespread. Being a vegan is one method to prevent adding to this issue.
CHALLENGES
Maintenance, and quality assessment of processed food
Physical degradation and infections
The natural aging process of fruits and vegetables is known as physiological deterioration, and it can cause alterations in the texture, flavor, and nutritional value of produce. Bacterial, fungal, or viral infections can result in food deterioration, foodborne disease, or even death. For fruit and vegetable processors, physiological decline and illnesses can both result in losses. While infections can result in product recalls and legal action, physiological decline can impair yields and quality.
Russia's invasion startled the world's food & vegetable markets because Russia and Ukraine combined account for one-third of the world's wheat trade, 17% of the world's maize trade, and over 75% of the world's sunflower oil trade. The FAO Food Price Index reached an all-time high right after Russia invaded in February 2022, and it then reached a second all-time high in March 2022. Even though they have already dropped from this peak, global food costs are still much higher than they were in 2021. First, despite the fact that Russia's conflict in Ukraine has decreased exports of grains and oilseeds, it has had an impact on consumer demand for other, healthier foods. A local basket of food now costs more than 55 percent more than it did a year ago in the WFP's East Africa region, according to their report.
Due to a continuous rise in packaging costs and insufficient cost savings on oil and industrial fuel, consumer prices of packaged goods will continue to rise despite recent government efforts to curb food inflation. Households and small restaurant owners are scrambling to balance their budgets as a result of a sharp increase in retail prices of several essential food items over the past month FY23, including the basic cereals of rice and wheat, tur dal, the most popular source of protein in vegetarian households, and even loose tea. Price increases of up to 10% are expected for a number of consumer goods, including packaged food and dairy products, refrigerators, and alcohol. Hence, this rise in the prices of essential items has impacted the food and vegetable processing market.
by Product
Fresh
Canned
Fresh-Cut
Frozen
Dried & Dehydrated
by Equipment
Pre-processing
Processing
Filling
Washing
Packaging
Seasoning
North America is the dominating region due to increased imports of processed fruits and vegetables, as well as growing awareness about the benefits of eating fruits and vegetables, and high consumer spending on convenience foods, which will drive product demand across the market. There are various companies in the United States, Canada, and other nations that manufacture fruits and vegetable processing machinery. The majority of these manufacturers are small and medium-sized firms (SMEs), although many large, publicly traded corporations and iconic American brands do business on a worldwide basis.
Asia Pacific has significant growth in the world market and is predicted to have a considerable increase during the forecast period. This can be ascribed to rising disposable income levels and increased consumer awareness of the health benefits of processed fruits and vegetables, particularly in developing nations like China, India, and Indonesia. Additionally, the regional market will expand as a result of changing lifestyles and an increase in packaged food demand.
Europe has sustainable growth in the fruits and vegetable processing market. Dole Food Company, Kraft Heinz, Seneca Foods, Simplot, The JM Smucker Co., AGRANA, Bonduelle, Del Monte Pacific, Greenyard, La Doria, and McCain Foods are among the leading participants in the European fruit and vegetable processing sector. These companies are investing in R&D to create new goods and technology to meet Europe's growing demand for processed fruits and vegetables.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Nestlé, Kraft Heinz Company, GEA Group, Bosch, Buhler, JBT Corporation, Conagra Brands, Krones, Kroger, Olam International, Haith Tickhill, Greencore Group, Dole Food Company, and other key players are mentioned in the final report.
In 2023 Nestle India is ready to set up a food processing unit with an investment capital of Rs 894 crore in Odisha FMCG major. The IPICOL (Industrial Promotion & Investment Corporation of Odisha Ltd) has given it preliminary approval to establish a food processing business in Odisha, India.
In 2023 A Dutch vegetable processor begins commercial production at a new location in the Netherlands. Hessing SuperVers has officially opened its new production facility in the Netherlands.
In 2022 In Waseca, Minnesota, Conagra Brands, Inc. opened a new vegetable processing plant. The 245,000-square-foot plant will be used to process fresh veggies for the company's frozen meal division and the Birds Eye brand.
Report Attributes | Details |
Market Size in 2022 | US$ 8.59 Billion |
Market Size by 2030 | US$ 14.0 Billion |
CAGR | CAGR of 6.3 % From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2019-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Fresh, Canned, Fresh-Cut, Frozen, Dried & Dehydrated) • By Equipment (Pre-processing, Processing, Filling, Washing, Packaging, Seasoning) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Nestlé, Kraft Heinz Company, GEA Group, Bosch, Buhler, JBT Corporation, Conagra Brands, Krones, Kroger, Olam International, Haith Tickhill, Greencore Group, Dole Food Company |
Key Drivers | • Increase in need for convenience food products |
Market Opportunity | • Raising demand for plant-based foods products |
Ans: The fruit and Vegetable Processing Market is anticipated to expand by 6.3% from 2023 to 2030.
Ans: USD 14.0 billion is expected to grow by 2030.
Ans: The fruit and Vegetable Processing Market size was valued at USD 8.59 billion in 2022
Ans: North America is dominating the market.
Ans: Challenges are Maintenance and quality assessment of processed food factories and Physical degradation and infections harming food & vegetables.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.3. Introduction
4.3.1 Impact on major economies
4.3.1.1 US
4.3.1.2 Canada
4.3.1.3 Germany
4.3.1.4 France
4.3.1.5 United Kingdom
4.3.1.6 China
4.3.1.7 Japan
4.3.1.8 South Korea
4.3.1.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Fruit and Vegetable Processing Market Segmentation, By Product
8.1 Fresh
8.2 Canned
8.3 Fresh-Cut
8.4 Frozen
8.5 Dried & Dehydrated
9. Fruit and Vegetable Processing Market Segmentation, By Equipment
9.1 Pre-processing
9.2 Processing
9.3 Filling
9.4 Washing
9.5 Packaging
9.6 Seasoning
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Fruit and Vegetable Processing Market by Country
10.2.2 North America Fruit and Vegetable Processing Market by Product
10.2.3 North America Fruit and Vegetable Processing Market by Equipment
10.2.4 USA
10.2.4.1 USA Fruit and Vegetable Processing Market by Product
10.2.4.2 USA Fruit and Vegetable Processing Market by Equipment
10.2.5 Canada
10.2.5.1 Canada Fruit and Vegetable Processing Market by Product
10.2.5.2 Canada Fruit and Vegetable Processing Market by Equipment
10.2.6 Mexico
10.2.6.1 Mexico Fruit and Vegetable Processing Market by Product
10.2.6.2 Mexico Fruit and Vegetable Processing Market by Equipment
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Fruit and Vegetable Processing Market by Country
10.3.1.2 Eastern Europe Fruit and Vegetable Processing Market by Product
10.3.1.3 Eastern Europe Fruit and Vegetable Processing Market by Equipment
10.3.1.4 Poland
10.3.1.4.1 Poland Fruit and Vegetable Processing Market by Product
10.3.1.4.2 Poland Fruit and Vegetable Processing Market by Equipment
10.3.1.5 Romania
10.3.1.5.1 Romania Fruit and Vegetable Processing Market by Product
10.3.1.5.2 Romania Fruit and Vegetable Processing Market by Equipment
10.3.1.6 Hungary
10.3.1.6.1 Hungary Fruit and Vegetable Processing Market by Product
10.3.1.6.2 Hungary Fruit and Vegetable Processing Market by Equipment
10.3.1.7 Turkey
10.3.1.7.1 Turkey Fruit and Vegetable Processing Market by Product
10.3.1.7.2 Turkey Fruit and Vegetable Processing Market by Equipment
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Fruit and Vegetable Processing Market by Product
10.3.1.8.2 Rest of Eastern Europe Fruit and Vegetable Processing Market by Equipment
10.3.2 Western Europe
10.3.2.1 Western Europe Fruit and Vegetable Processing Market by Country
10.3.2.2 Western Europe Fruit and Vegetable Processing Market by Product
10.3.2.3 Western Europe Fruit and Vegetable Processing Market by Equipment
10.3.2.4 Germany
10.3.2.4.1 Germany Fruit and Vegetable Processing Market by Product
10.3.2.4.2 Germany Fruit and Vegetable Processing Market by Equipment
10.3.2.5 France
10.3.2.5.1 France Fruit and Vegetable Processing Market by Product
10.3.2.5.2 France Fruit and Vegetable Processing Market by Equipment
10.3.2.6 UK
10.3.2.6.1 UK Fruit and Vegetable Processing Market by Product
10.3.2.6.2 UK Fruit and Vegetable Processing Market by Equipment
10.3.2.7 Italy
10.3.2.7.1 Italy Fruit and Vegetable Processing Market by Product
10.3.2.7.2 Italy Fruit and Vegetable Processing Market by Equipment
10.3.2.8 Spain
10.3.2.8.1 Spain Fruit and Vegetable Processing Market by Product
10.3.2.8.2 Spain Fruit and Vegetable Processing Market by Equipment
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Fruit and Vegetable Processing Market by Product
10.3.2.9.2 Netherlands Fruit and Vegetable Processing Market by Equipment
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Fruit and Vegetable Processing Market by Product
10.3.2.10.2 Switzerland Fruit and Vegetable Processing Market by Equipment
10.3.2.11 Austria
10.3.2.11.1 Austria Fruit and Vegetable Processing Market by Product
10.3.2.11.2 Austria Fruit and Vegetable Processing Market by Equipment
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Fruit and Vegetable Processing Market by Product
10.3.2.12.2 Rest of Western Europe Fruit and Vegetable Processing Market by Equipment
10.4 Asia-Pacific
10.4.1 Asia Pacific Fruit and Vegetable Processing Market by Country
10.4.2 Asia Pacific Fruit and Vegetable Processing Market by Product
10.4.3 Asia Pacific Fruit and Vegetable Processing Market by Equipment
10.4.4 China
10.4.4.1 China Fruit and Vegetable Processing Market by Product
10.4.4.2 China Fruit and Vegetable Processing Market by Equipment
10.4.5 India
10.4.5.1 India Fruit and Vegetable Processing Market by Product
10.4.5.2 India Fruit and Vegetable Processing Market by Equipment
10.4.6 Japan
10.4.6.1 Japan Fruit and Vegetable Processing Market by Product
10.4.6.2 Japan Fruit and Vegetable Processing Market by Equipment
10.4.7 South Korea
10.4.7.1 South Korea Fruit and Vegetable Processing Market by Product
10.4.7.2 South Korea Fruit and Vegetable Processing Market by Equipment
10.4.8 Vietnam
10.4.8.1 Vietnam Fruit and Vegetable Processing Market by Product
10.4.8.2 Vietnam Fruit and Vegetable Processing Market by Equipment
10.4.9 Singapore
10.4.9.1 Singapore Fruit and Vegetable Processing Market by Product
10.4.9.2 Singapore Fruit and Vegetable Processing Market by Equipment
10.4.10 Australia
10.4.10.1 Australia Fruit and Vegetable Processing Market by Product
10.4.10.2 Australia Fruit and Vegetable Processing Market by Equipment
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Fruit and Vegetable Processing Market by Product
10.4.11.2 Rest of Asia-Pacific Fruit and Vegetable Processing Market by Equipment
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Fruit and Vegetable Processing Market by Country
10.5.1.2 Middle East Fruit and Vegetable Processing Market by Product
10.5.1.3 Middle East Fruit and Vegetable Processing Market by Equipment
10.5.1.4 UAE
10.5.1.4.1 UAE Fruit and Vegetable Processing Market by Product
10.5.1.4.2 UAE Fruit and Vegetable Processing Market by Equipment
10.5.1.5 Egypt
10.5.1.5.1 Egypt Fruit and Vegetable Processing Market by Product
10.5.1.5.2 Egypt Fruit and Vegetable Processing Market by Equipment
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Fruit and Vegetable Processing Market by Product
10.5.1.6.2 Saudi Arabia Fruit and Vegetable Processing Market by Equipment
10.5.1.7 Qatar
10.5.1.7.1 Qatar Fruit and Vegetable Processing Market by Product
10.5.1.7.2 Qatar Fruit and Vegetable Processing Market by Equipment
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Fruit and Vegetable Processing Market by Product
10.5.1.8.2 Rest of Middle East Fruit and Vegetable Processing Market by Equipment
10.5.2 Africa
10.5.2.1 Africa Fruit and Vegetable Processing Market by Country
10.5.2.2 Africa Fruit and Vegetable Processing Market by Product
10.5.2.3 Africa Fruit and Vegetable Processing Market by Equipment
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Fruit and Vegetable Processing Market by Product
10.5.2.4.2 Nigeria Fruit and Vegetable Processing Market by Equipment
10.5.2.5 South Africa
10.5.2.5.1 South Africa Fruit and Vegetable Processing Market by Product
10.5.2.5.2 South Africa Fruit and Vegetable Processing Market by Equipment
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Fruit and Vegetable Processing Market by Product
10.5.2.6.2 Rest of Africa Fruit and Vegetable Processing Market by Equipment
10.6 Latin America
10.6.1 Latin America Fruit and Vegetable Processing Market by Country
10.6.2 Latin America Fruit and Vegetable Processing Market by Product
10.6.3 Latin America Fruit and Vegetable Processing Market by Equipment
10.6.4 Brazil
10.6.4.1 Brazil Fruit and Vegetable Processing Market by Product
10.6.4.2 Brazil Fruit and Vegetable Processing Market by Equipment
10.6.5 Argentina
10.6.5.1 Argentina Fruit and Vegetable Processing Market by Product
10.6.5.2 Argentina Fruit and Vegetable Processing Market by Equipment
10.6.6 Colombia
10.6.6.1 Colombia Fruit and Vegetable Processing Market by Product
10.6.6.2 Colombia Fruit and Vegetable Processing Market by Equipment
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Fruit and Vegetable Processing Market by Product
10.6.7.2 Rest of Latin America Fruit and Vegetable Processing Market by Equipment
11. Company Profile
11.1 Bosch
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Conagra Brands
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 JBT Corporation
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Buhler
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Krones
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 GEA Group
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Kraft Heinz Company
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Greencore Group
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Haith Tickhill
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Nestlé
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
11.11 Olam International
11.11.1 Company Overview
11.11.2 Financials
11.11.3 Product/Services Offered
11.11.4 SWOT Analysis
11.11.5 The SNS View
11.12 Kroger Company
11.12.1 Company Overview
11.12.2 Financials
11.12.3 Product/Services Offered
11.12.4 SWOT Analysis
11.12.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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