September 2024
The global fruit and vegetable processing market size was USD 9.24 billion in 2023, estimated at USD 9.81 billion in 2024 and is anticipated to reach around USD 17.69 billion by 2034, expanding at a CAGR of 6.07% from 2024 to 2034.
The global fruit and vegetable processing market size is calculated at USD 9.81 billion in 2024 and is predicted to reach around USD 17.69 billion by 2034, growing at a CAGR of 6.07% from 2024 to 2034.
Dual income households and a major change in the lifestyle of the consumers is creating a demand for a fruit and vegetable processing market. Processing of fruit and vegetables helps in improving the storage life and helps in improving the quality of these fruits and vegetables. Processing of fruits and vegetables is extremely useful in preservation of vitamins, nutrition and the flavor of the food items. The processed food items are stored in the form of pulp fruit pieces or juices in cans.
Different types of processing techniques are drying freezing and preparing jellies juices or jams. A large group of plants are consumed by humans. Vegetables are extremely perishable but they need to be preserved with the use of processing methods in order to improve their shelf life. The availability of processing techniques across many nations has aided the international trade of vegetables which is confined to the processed forms. Processing of vegetables and fruits does not involve any deterioration in terms of nutrition. In many developing nations there is a belief that the fresh vegetables are superior as compared to the processed ones.
Fresh vegetables may lose their vitamin content during transportation and the quality of fresh vegetables is also altered due to the interference of various factors during storage and transportation. But in the case of canned vegetables or frozen vegetables which are processed the nutritive value remains high. Minimally processed vegetables and fruits do not contain any preservatives.
The COVID-19 pandemic have led to a major change in the consumption patterns of the consumers. Most of the consumers across the globe are seeking fresh foods to replace the junk food. In order to boost the immunity the market for processed fruits and vegetables is growing across the globe. In the industries where the processing of fruits and vegetables is done there is an increase in the usage of automation and robotics which helps in reducing the cost and increases the output.
Consumption of different types of fruits and vegetables is extremely important for the health of a person. The diverse range of these perishable items needs special care. Fruits and vegetables undergo many processes like washing, trimming, peeling, slicing and all of these processes do not affect their quality. All of these food items are extremely nutritious. In order to cater to the busy lifestyle of consumers in the developed nations and also in the developing nations the processed fruit and vegetables market is expected to grow during the forecast period. As there is an increase in the per capita income of many households and an increase in the disposable income has provided opportunities for the growth of this market.
Most of the households demand ready to eat food items and this is expected to grow in the coming years. The demand for processed products is increasing due to its quality and nutritive value. Increase dependency on robotics and automatics in the fruit and vegetable processing industry has led to a growth in the output and it has reduced the cost of operation for these companies. There are many stringent policies led by the government and the food safety standards that ensure quality. The market for the global fruit and vegetable processing has many different market players that provide best products at competitive rates. In order to introduce more efficient systems for the growth of this market there have been many mergers and acquisitions amongst the market players. Owing to all of these factors the market for fruit and vegetable processing is expected to grow well during the forecast period.
Report Coverage | Details |
Market Size by 2034 | USD 17.69 Billion |
Market Size in 2023 | USD 9.24 Billion |
Market Size in 2024 | USD 9.81 Billion |
Market Growth Rate from 2024 to 2034 | CAGR of 6.07% |
Largest Market | Asia Pacific |
Base Year | 2023 |
Forecast Period | 2024 to 2034 |
Segments Covered | Type, Product, Mode of Operation, Material, Technology, Processing Systems, Equipment, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The fruit segment had the largest market share in the past and it is expected to dominate the market in the coming years. Different types of products derived after the processing of fruits are jam, fruit jellies, fruit cheese, fruit pulp, fruit syrup, dried fruit and others. There is an increase in the demand for all of these fruit products in various industries. Various juice outlets, beverage stores, restaurants have the largest demand for these products. All of these products are used in many different types of food preparations. Most of the fruit products can be used as supplementary items in combination with other food products.
The vegetable segment we'll have good revenue during the future. Different types of processed vegetable products offered in the market are concentrated vegetable juice pasteurized vegetables, vegetable sauce marinated vegetables and other vegetable products. The frozen form of vegetables has a good demand in developed nations. The revenue generated from the fruit products will be more as compared to the vegetable products.
The canned segment will have the largest market share in the coming years. In the developing as well as the developed nations there is a great demand for canned vegetables and fruits. In the developing nations the canned fruits and vegetables head great demand even in the past. Maximum revenue will be generated through this segment. Different types of products that are canned or beet, spinach, apples, tomatoes, cranberries, apricots etc the nutritional content of these food items is preserved to the maximum when they are canned. The amount of nutrition in terms of minerals, proteins, fats and carbohydrates do not change in the process of canning. Pineapple chunks or Mandarin oranges are best canned fruits.
The fruits and vegetables in this technique are processed in immediately after a few hours of harvesting which helps in minimum loss of nutrients as well as flavor. Most of the canned vegetables which are inexpensive and healthy or corn, pumpkin, tomatoes, beans etc. The frozen segment will also have a great demand in the future. Fruits and vegetables provide many advantages in the frozen form. Fruits and vegetables at an optimum temperature helps in increasing their shelf life. Increased shelf life of these fruits and vegetables reduces the wastage in this industry.
Depending upon the mode of operation, the automatic segment accounted largest market share in 2021. Automation in this industry has come in the recent years but it has helped in increasing the output of these industries with lower costs. The automatic mode of operation helps in reducing the human intervention which thereby helps in maintaining the nutritive value of the food and does not contaminate the contents of different fruits and vegetables. Reduced intervention of humans in this industry due to the use of robots and automation has helped in generating more output in order to meet the growing demand in developed nations.
Automation has also helped in reducing the cost of operations in this industry as the cost of Labor is high in the developed nations. Due to the increased use of robotics and automation in this industry the demands of the online platform are also met which requires great output. The quality of the products is not affected even during these bulk productions. The automatic segment will lead the market in terms of revenue as compared to the semi automatic segment.
During the forecast period the Asia Pacific region is expected to have the largest growth in terms of revenue. The growth of this market in the Asia Pacific region is boosted due to various government initiatives that facilitate technological advancements in this region. At least in the countries like Japan China and India the production of fruits and vegetables is high as compared to other crops. That European markets shall have a stable growth in the coming years due to the presence of major market players in this region. The European market is seeing saturation in the demand for processed fruits and vegetables. The developing nations of the Asia Pacific region our exploring the industry. This region is providing many growth opportunities for the fruit and vegetable processing market. Even though the cultivation of fruits and vegetables is high in many nations like India still there is a growing demand for processed fruits and vegetables due to an improved lifestyle of many consumers and high disposable income.
Rapid urbanization and increased per capita income is another reason for the growth of the processed fruit and vegetables market in the Asia Pacific region. Dual income households and hectic lifestyles or other factors that are helping in the growth of the market. In the developing economies the adoption of processed food products is increasing as it happens to be a time saving option and it is extremely convenient for the working class people. The presence of many local and international market players in the industry in the North American region is leading to a growth of the market. In the countries like Canada a change in the lifestyle of consumers is creating greater demand for these products.
Segments covered in the report
By Type
By Product
By Material
By Technology
By Processing Systems
By Equipment Type
By Geography
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