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fruit and vegetable processing market

Fruit and Vegetable Processing Market Share, Size, Trends, Industry Analysis Report, By Product (Fresh, Fresh-cut, Canned, Frozen, Dried & Dehydrated, Convenience); By Equipment; By Mode of Operation; By Region; Segment Forecast, 2022 - 2030

  • Published Date: Jul 2022
  • Pages: 113
  • Format: PDF
  • Report ID: PM2507
  • Base Year: 2021
  • Historical Data: 2018-2020

Report Summary

The global fruit and vegetable processing market was valued at USD 8.37 billion in 2021 and is expected to grow at a CAGR 6.5% during the forecast period. Processing fruits and vegetables, such as freezing, canning, drying, and preparing juices, jams, and jellies, improves the shelf life of fruits and vegetables. The processing of these commodities includes preparing the raw material for cleaning, trimming, and peeling, followed by cooking, canning, or freezing.

Fruit and Vegetable Processing Market Size
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According to the experts, the market is expected to grow at a substantial rate during the forecast period, owing to various factors such as changes in consumer preferences for processed foods, a rise in disposable income in emerging economies, and technological advancements.

It is imperative to have such processing machinery to avoid the risk of food contamination and ensure superior quality of food and proper packaging during commercial manufacturing. All these factors have contributed to the growth of the market for fruit and vegetable processing.

The outbreak of COVID-19 has had a significant impact on the market due to the factors that have hampered safe, healthy, and nutritive eating. Customers have become more health-conscious, and also, they have a higher preference for safety and quality. Therefore, these factors have additionally boosted the manufacturers to evaluate the safety parameters of each food product to maintain their product values in the industry.

Furthermore, with the introduction of high-end technologies and growth in demand for food processing machines from emerging economies such as Brazil, India, China, and South Africa, owing to changes in lifestyle patterns of consumers, the industry is expected to grow at a faster pace during the forecast period.

Industry Dynamics

Growth Drivers
Demand for processed quality food items and a rise in consumer concerns over the safety of food products are the primary drivers of the industry for fruit and vegetable processing. The major factors driving the industry are the change in preference toward processed foods. Processed foods are those that are altered in some way or another during their preparation before final consumption. Consumers are moving towards various processed foods, which are readily available in the market and require little preparation due to their changing lifestyle patterns.

Further, the rise in disposable income of consumers is another factor adding to the growth of the fruit and vegetable processing market. Consumer spending on various processed foods and related machinery has been increasing over the past few years, owing to an increase in disposable income and improved financial stability.

People are more likely to spend on these products, owing to time constraints and the ability to spend on various items such as slicers & dicers, mixers, and other extruding machines. Moreover, high living standards and willingness to spend money are some factors that contribute to the growth of the fruit and vegetable processing market.

Food processing is meant to manufacture high-quality food with enhanced taste and increased shelf life. In addition, they are used for different packaging types of fruits and vegetables. The customers demand the latest technology and offer high processing capacity with international hygiene & quality standards.

Change in food habits and preferences has led to an increase in demand for processed food items across the globe. Moreover, the growth of the food processing industry is expected to provide lucrative opportunities for new players to enter the industry with innovative products which offer higher output and better results.

Report Segmentation

The market is primarily segmented based on product, equipment, mode of operation, and region.

By Product

By Equipment

By Mode of Operation

By Region

  • Fresh
  • Fresh-cut
  • Canned
  • Frozen
  • Dried & Dehydrated
  • ·  Convenience
  • Pre-processing
  • Peeling & Slicing
  • Washing
  • Fillers
  • Seasoning System
  • Packaging and handling
  • Others
  • Automatic
  • Semiautomatic
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Canned segment accounted for the largest market share in 2021 under product type

Based on product, the market is categorized into fresh, fresh-cut, canned, frozen, dried & dehydrated, and convenience. The canned food segment accounted for the largest revenue share in 2021. The canned segment consists of marginally processed agricultural products.

The vegetables and fruits are frozen and packaged to avoid wastage or damage through bacterial contaminants during transportation. Several government initiatives and policies have been formed to increase the consumption of fruits and vegetables, increasing the demand for fresh fruits and vegetables.

Fillers is expected to be the fastest-growing segment during the forecast period.

Based on equipment, the market has been segmented into pre-processing, peeling, & slicing, washing, fillers, seasoning system, packaging and handling, and others. The fillers segment is estimated to be the fastest-growing segment during the forecast period. This is because the filling systems are one of the foremost parts of fruit and vegetable processing, and the processed food items are filled into pouches, bottles, containers, and so on., based on the product category.

Automatic segment accounted for the largest revenue share

Based on the mode of operation, the fruit and vegetable processing market is sub-segmented into automatic and semi-automatic segments. The automatic segment accounted for the largest share during the forecast period due to the increased traction and availability of processed food through various e-commerce platforms and established retail stores.

North American region will lead the global fruit and vegetable industry by 2030

The North American region is expected to account for a larger share of the market. This is due to the rising demand for processed vegetables and fruits in developed countries such as U.S. and Canada. Moreover, increasing standard of living and rapid lifestyle change also accounts for the growth of the market in the North American region. However, the market in the Asia Pacific region will garner the fastest growth due to government initiatives and technological advancements in China, Japan, and India.

Competitive Insight

Some of the major players operating in the global market include AGRANA Group, Alfa Laval, Anko Food Machine Co. Ltd., Bigtem Makine A.S, Bonduelle, Bühler, Conagra Brands, Diana Group S.A.S., Dole Food, FENCO Food Machinery S.R. L, GEA Group AG, JBT Corporation, Krones AG, Nestlé S.A, PepsiCo Inc.

These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen their presence in the industry. The companies are also introducing new innovative products to cater to the growing consumer demands.

Recent Developments

In December 2021, Nestle India obtained approval under the Government of India production linked scheme (PLI) for the food processing sector under the eligible categories, i.e., ready-to-eat/ready-to-cook and processed fruits & vegetables. Under this scheme, Nestle India Limited received approval for its proposal for fruits and vegetable processing.

In January 2021, DIL Deutsches Institut für Lebensmitteltechnik e. V. research institute (Germany) partnered with Bühler to develop new production technologies for focusing on healthy and sustainable food products.

Fruit and Vegetable Processing Market Report Scope

Report Attributes

Details

Market size value in 2021

USD 8.37 billion

Revenue forecast in 2030

USD 14.50 billion

CAGR

6.5% from 2022 - 2030

Base year

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD billion and CAGR from 2022 to 2030

Segments covered

By Product, By Equipment, By Mode of Operation, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

AGRANA Group, Alfa Laval, Anko Food Machine Co. Ltd., Bigtem Makine A.S, Bonduelle, Bühler, Conagra Brands, Diana Group S.A.S., Dole Food, FENCO Food Machinery S.R. L, GEA Group AG, JBT Corporation, Krones AG, Nestlé S.A, PepsiCo Inc.

Key Take-Away
Polaris Market Research
Global Fruit and Vegetable Processing Market Size Report, 2022 - 2030