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Comprehensive Exploration of International Produce Ingredient Sector

Comprehensive Exploration of International Produce Ingredient Sector
  • Report Title:Global Fruit and Vegetable Ingredients Industry

  • Publish Date:November 2023

  • Number of Pages:524

  • Report ID:5956818

  • Format:PDF

  • Publisher:Global Industry Analysts

$ 5450

Global Fruit and Vegetable Ingredients Market to Reach $286.8 Billion by 2030

The global market for Fruit and Vegetable Ingredients estimated at US$185.2 Billion in the year 2022, is projected to reach a revised size of US$286.8 Billion by 2030, growing at aCAGR of 5.6% over the period 2022-2030. Fruits, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$173.2 Billion by the end of the analysis period. Growth in the Vegetables segment is estimated at 5.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $58.3 Billion, While China is Forecast to Grow at 8% CAGR

The Fruit and Vegetable Ingredients market in the U.S. is estimated at US$58.3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$24.9 Billion by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select Competitors (Total 71 Featured)
- AGRANA Beteiligungs-AG
- Archer-Daniels-Midland Company
- Cargill, Inc.
- Ingredion Inc.
- Kerry Group Plc
- Olam International Ltd.
- SunOpta, Inc.
- Symrise AG
- Sensient Technologies Corporation
- Tate & Lyle PLC

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.