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Fruit & Vegetable Processing Market by Product Type, Equipment, Operation And Region - Global Forecast to 2022

Fruit & Vegetable Processing Market: Global Forecast until 2022

  • January 2018
  • 225 pages
  • ID: 5294453
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The fruit & vegetable processing market is estimated to rise at a compound annual growth rate of 7.10 percent.

The fruit & vegetable processing market is estimated to rise at a compound annual growth rate of 7.10 percent from 2017, to attain ~$346.0B by 2022. The overall fruit & vegetable processing market comprises the overall fruit & vegetable processing equipment market and processed fruits & vegetables market. The sector demand for processed fruits & vegetables is expected to be on the increase, owing to Elements such as growth in disposable incomes, the increasing middle-class population, the introduction of technologically advanced products, and benefits including long shelf life provided by processed fruits & vegetables. Nevertheless, few incidences of food recall in the food sector may hamper the rise of the fruit & vegetable processing market during the estimate period. The market demand for fruit & vegetable processing equipment is also increasing remarkably due to the increase of the processed fruits & vegetables market. Therefore, processors are actively opting for automated and integrated equipment to focus on a broader field of processed fruit & vegetable applications and the increasing demand for processed products with better health benefits. Accordingly, the fruit & vegetable processing equipment market is estimated to grow significantly during the forecast period.

The fresh segment, by product variety, is forecasted to be the quickest increasing in the processed fruits & vegetables market.

In terms of both value and quantity, the fresh segment is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022.Rise in consumer expenditure on value-added fruits & vegetables, increase in consumer health awareness, and increase in aging population have also contributed to the growth in demand for fresh produce.

Increase in appreciation about healthy lifestyles among the consumers of developed nations including the US and different countries across the European Union are also driving the rise of the fresh segment. Therefrom, the industry demand for fresh product type in the processed fruits & vegetables market is forecasted to witness significant increase in the next years.

North America (NA) is forecasted to dominate the fruit & vegetable processing market through the outlook period.

North America continent is expected to dominate the fruit & vegetable processing market, in terms of value importance and quantity, through 2022.This area comprises developing economies including the US and Canada (CA) which occupy a significant share of the overall fruit & vegetable processing market.

Elements such as sustainable investments in the development of automation for processing technology, the presence of top fruits & vegetables processing firms, coupled with organized retail & e-commerce distribution channels are the main factors providing to the rise of the North American fruit & vegetable processing market.The top players in the processing equipment market in North America (NA) extensively use automated technologies to rise their productivity and meet consumer demand for quality and value-added produce.

Therefrom, the active developments strategized by the dominant actors in the USA also act as a driving factor in the expansion and increase of fruit & vegetable processing market.

Distribution of primaries:

• By Company category: Tier 1 - 35 %, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 38.0 percent, and Others - 27.0 percent

• By Area: North America continent - 40.0 percent, Europe (EU) - 28.0 percent, Asia Pacific (APAC) - 24.0 percent, South America region 6.0 percent, and rest of the world - 2.0 percent

The industry for fruit & vegetable processing equipment is leaded by, is monopolized by top players including Bosch, Buhler, GEA Group, JBT Corporation, and Krones, while the sector for processed fruits & vegetables is leaded by, is monopolized by Conagra Brands, Dole Food, Kroger, Olam International, The Kraft Heinz Company, Albertsons Greencore Group, and Nestlé.

Segment Research

The processed fruits & vegetables market has been sliced n the basis of category and product class.On the other hand, the fruit & vegetable processing equipment market has been divided on the basis of category and operation type.

In terms of insights, this market research has emphasized several levels of analyses - industry, market share research of top players, and organization profiles-which together comprise and discuss the basic overviews on the competitive landscape, emerging & high-growth segments of the overall fruit & vegetable processing market, high-growth areas, regions, and their specific regulatory policies, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you:

• To get a comprehensive overview of the fruit & vegetable processing market with specific reference to the product type and operation type market

• To benefit a wide range of information about the top actors in this market, their products review, and top strategies approved by them

• To benefit insights of the main regions/territories in which the fruit & vegetable processing sector is prospering

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