Fruit and Vegetable Processing Market Growth by Emerging Trends, Analysis, & Forecast

The fruit and vegetable processing market is estimated to account for nearly USD 8.7 billion in 2022 and is projected to reach a value of nearly USD 11.8 billion by 2027, growing at a CAGR of 6.4% from 2022. The demand for fruit and vegetable processing is increasing significantly, due to the increasing consumption of processed fruit and vegetable products in developing countries such as China, India, South Africa, and Brazil.

 

 

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Key players in this market include GEA Group (Germany), Alfa Laval (Sweden), JBT Corporation (US), Heat & Control Inc. (Sweden), Krones AG (Germany), Bühler (Switzerland), Marel (Iceland), Bigtem Makine A.S. (Turkey), Fenco Food Machinery S.R.L (Italy), Anko Food Machine co., Ltd (Taiwan), Syntegon Technology GmbH (Germany) and Finis (US).

 

The companies are focusing on offering a diverse range of fruit and vegetable processing equipment technologies that comply with government regulations and policies across regions. For example, Gea has extended homogenizer range with GEA Ariete Homogenizer 3160 for food industry. GEA Ariete Homogenizer 3160, It features up to 1500 bar, with significantly increased flow rate capacity between 200 and 1200 bar. Additionally March 2021, Buhler has introduced CHRONOS OML-1060 fully automated machine, it a automated solution for food & feed industries.

 

GEA Group is one of the leading technology suppliers for the food processing industry. The company provides customized solutions in food, dairy processing, dairy farming, beverage processing, pharma, chemical, marine, leisure & sport, land-based transportation, and utilities. The company’s international level industrial technology specializes in machinery and plants as well as process technology, components, and comprehensive services. The company operates through five segments, namely separation & flow technologies, liquid & powder technologies, food & healthcare technologies, refrigeration technologies, and farm technologies.

 

The company has its presence in more than fifty countries across the globe, spanning North America, South America, Europe, Africa, and Asia Pacific. The group operates through its subsidiaries, which include GEA Procomac S.p.A (Italy), GEA Process Engineering Private Limited (India), GEA Food Solutions Brasil Comércio de Equipments Ltd (Brazil), GEA Food Solutions North America, Inc. (US), and GEA Food Solutions UK & Ireland Limited (UK).

 

Bühler is primarily engaged in providing industrial solutions for processed food, commodity food, die casting, renewable energy, and feed. Bühler operates through four business segments—grains & food, consumer foods, advanced materials, and corporate functions. The company, through its subsidiaries, manufactures and markets food and chemical processing, die casting, and material handling machinery. It offers products for various industrial applications, such as cleaning, optical sorting, milling, grinding, sifting & grading, mixing, wet grinding, extrusion & dough preparations, and ingredient handling.

 

The company’s core technologies are in the areas of mechanical and thermal process engineering. Bühler also offers industrial services, such as machinery repair, strategic consulting, process plant optimization services, energy consulting, and manufacturing & logistics services. The company has its presence in 140 countries around the world, including North America and Europe.

 

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The Asia Pacific is estimated to account for the largest market share in the processed fruits & vegetables market in 2022. The fruit & vegetable processing industry in developing economies such as Asia Pacific and South American countries has developed due to factors such increasing number of working women and middle-class population, bulk production of various agricultural products, and government subsidies in countries such as India, coupled with trade liberation.

Fruit and Vegetable Processing Market Growth by Emerging Trends, Analysis, & Forecast

The report "Fruit and Vegetable Processing Market by Product Type (Fresh, Fresh-cut, Canned, Frozen, Dried & Dehydrated, Convenience), Equipment Type, Operation (Automatic, Semi-automatic), Processing Systems & Region – Global Forecast to 2027", published by MarketsandMarkets. The fruit and vegetable processing market is estimated to account for nearly USD 8.7 billion in 2022 and is projected to reach a value of nearly USD 11.8 billion by 2027, growing at a CAGR of 6.4% from 2022. . The growth of the processed fruit and vegetable market is attributed to the increasing trade of ready to eat food among countries such as Mexico, Brazil, Argentina, the UAE, India, and China. Fruit and vegetable processing helps in transforming fresh produce into processed fruits and vegetables with increased shelf life through various physical and chemical techniques. The processed fruit and vegetable is witnessing significant growth due to the increasing consumption of fruits and vegetables in developing countries such as India, China, South Africa, and Brazil, compelling manufacturers to increase production.

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An increase in consumer disposable incomes to spend on value-added fruits & vegetables, growth in consumer health awareness, and rise in the aging population have also contributed to the increase in demand for fresh produce.

By type, the vegetable segment is estimated to account for the largest share in the processed fruit and vegetable market in 2022.

On the basis of fruit and vegetables type, the vegetable segment is estimated to dominate the processed fruit and vegetables market in 2022. In recent years, China is being observed as an emerging country in the processed fruit and vegetables market due to the growing demand for healthy, organic and vegan food products.

By product type, the fresh fruit and vegetable segment is projected to be the fastest-growing segment during the forecast period in the processed fruit and vegetables market .

During the forecast period, the fresh fruit and vegetables segment is projected to grow at the highest CAGR in the processed fruit and vegetables market, in terms of value. This segment is estimated to grow due to the increasing demand for ready-to-cook produce. Thus, due to the busy consumer lifestyles, demand for convenience food, growth in health awareness, demand for fresh and fresh-cut fruits & vegetables that save preparation time, and convenient storage & longer shelf life are expected to drive the market for processed fruits & vegetables.

The Asia Pacific is estimated to dominate the processed fruit and vegetables market in 2022.

The Asia Pacific is estimated to account for the largest market share in the processed fruits & vegetables market in 2022. The fruit & vegetable processing industry in developing economies such as Asia Pacific and South American countries has developed due to factors such increasing number of working women and middle-class population, bulk production of various agricultural products, and government subsidies in countries such as India, coupled with trade liberation

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Key Players:

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the bakery processing equipment market. It includes the profiles of leading companies such as Conagra brands (US), Greencore group (Ireland), Nestle (Switzerland), Olam International (Singapore), The Kraft Heinz Company (US), Pepsico Inc. (US), AGRANA Group (Austria), Bonduelle (France), Dole Food (US), SVZ International B.V. (US), Sahyadri Farms (India), Diana Group S.A.S. (France) and Raje Agro Food (India).