NEW YORK, March 2, 2023 /PRNewswire/ — As per Zion Market Analysis research, The worldwide fruit & vegetable processing market dimension was value round USD 8.5 Billion in 2022 and is predicted to develop to round USD 14.1 Billion by 2030 with a compound annual progress charge (CAGR) of roughly 6.5% between 2023 and 2030.
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Fruit & Vegetable Processing Market: Overview
Fruit and greens are each main meals merchandise in their very own proper and key components in lots of processed meals. There was rising analysis on their significance to well being and methods to protect the dietary and sensory qualities desired by customers. Processing (canning, drying, freezing, and preparation of juices, jams, and jellies) will increase the shelf lifetime of fruit and veggies. Processing steps embody preparation of the uncooked materials (cleansing, trimming, and peeling adopted by cooking, canning, or freezing). Processing fruit and veggies is meant to do two issues: First is to protect them by slowing down the pure processes of decay attributable to micro-organisms, enzymes within the meals, or different components reminiscent of warmth, moisture, and daylight.
The second is to vary them into completely different meals, that are enticing and in demand by customers. Like cooks and caterers, processors ought to use their expertise to develop enticing recipes and make merchandise that customers wish to eat. By doing this efficiently, they’ll enhance gross sales and earn an earnings.
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Key Trade Insights & Findings of the Fruit & Vegetable Processing Market Experiences:
- As per the evaluation shared by our analysis analyst, the worldwide fruit & vegetable processing market is estimated to develop yearly at a CAGR of round 6.5% over the forecast interval (2023-2030).
- By way of income, the worldwide fruit & vegetable processing market dimension was valued at round USD 8.5 billion in 2022 and is projected to achieve USD 14.1 billion, by 2030.
- Rising demand for comfort meals, an increasing meals service trade, and a rise in modern stores assist the growth of the fruit and vegetable processing trade.
- Based mostly on the sort, the vegetable phase held the most important income share in 2022.
- Based mostly on the product kind, the canned phase is predicted to dominate the market all through the forecast interval.
- Based mostly on the know-how, the Excessive Stress Processing (HPP) phase is predicted to carry the most important market share throughout the forecast interval.
- Based mostly on area, North America is predicted to dominate the market throughout the forecast interval.
Zion Market Analysis revealed the most recent report titled “Fruit & Vegetable Processing Market By Sort (Fruit And Vegetable), By Product Sort (Frozen, Canned, Dried & Dehydrated And Others), By Know-how (Excessive Stress Processing (HPP), Microwave Processing, And Pulsed Electrical Area Processing (PEF)), By Processing System (Small Scale Processing, Intermediate Scale Processing, And Giant Scale Processing) By Tools Sort (Pre-Processing Tools, Peeling/Inspection/Slicing, Washing & Dewatering, Fillers, Seasoning, Packaging & Dealing with, And Others), By Operation (Computerized And Semi-Computerized) And By Area – International And Regional Trade Overview, Market Intelligence, Complete Evaluation, Historic Knowledge, And Forecasts 2023 – 2030” into their analysis database.
Fruit & Vegetable Processing Market: Progress Drivers
- Rising demand for comfort meals drives the market progress
By way of buyer preferences, ready-to-eat items have progressively changed historically ready breakfasts and snacking meals in rising international locations reminiscent of China, India, and Brazil over the last twenty years. In accordance with a December 2020 “Meals Processing” report, gross sales of pantry merchandise and different dwelling wants soared throughout COVID-19. Frozen meals gross sales surged by 40% in March, whereas canned soup gross sales elevated by 200% yr on yr. Demand for fruit juices and different consolation meals elevated dramatically. This has aided the expansion of the trade for processed fruit and veggies.
Fruit & Vegetable Processing Market: Restraints
- Meals remembers limits the market progress
Remembers of meals items happen when they’re contaminated on account of a provide chain flaw or failure. A meals recall is outlined by the meals requirements Australia New Zealand (FSANZ) as an motion accomplished to take away unsafe meals from sale, distribution, and consumption which will endanger customers’ security. A discover or grievance relating to the product’s high quality results in the beginning of a meals recall. Due to this fact, it’s anticipated that the rising frequency of meals remembers would restrain the worldwide fruit & vegetable processing market growth.
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Fruit & Vegetable Processing Market: Alternatives
- Larger consciousness of well being offers a profitable alternative
The need for natural, contemporary, and unique fruit and veggies is driving the expansion of the fruit and vegetable processing trade. Clients need premium items with unaltered dietary, mineral, and calcium qualities. The trade for processing fruit and veggies is being pushed by adjustments in folks’s consuming habits over the previous a number of years and the rising recognition of veganism. Because of their affordability and ease of availability, the presence of retail and e-commerce platforms has additional fueled the trade for processed fruit and veggies.
Fruit & Vegetable Processing Market: Challenges
- Physiological deterioration and infections act as a significant problem for the market growth
Agriculture manufacturing is essentially reliant on the contemporary meals worth chain. It impacts a variety of further components, together with farmer revenue margins, export circumstances, and the implications on a rustic’s financial system. The probability of loss may be elevated by typical physiological adjustments introduced on by environmental components that hasten pure degradation, reminiscent of excessive temperatures, low air humidity, and bodily injury.
Aberrant physiological deterioration is often noticed when contemporary meals is subjected to temperature extremes, air adjustments, or contamination. Because of undesirable odors, incapability to ripen, or different adjustments within the meals’s organic processes, the product might change into unsuitable. Thus, acts as a significant problem for market progress.
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International Fruit & Vegetable Processing Market: Segmentation
- The worldwide fruit & vegetable processing trade is segmented based mostly on kind, product kind, know-how, processing system, gear kind, operation, and area.
Based mostly on the sort, the worldwide market is bifurcated into fruit and vegetable. The vegetable phase held the most important income share in 2022 and is predicted to indicate its dominance throughout the forecast interval. The expansion within the phase is attributable to the rising demand for processed greens throughout the globe significantly frozen greens, vegetable sauce, and vegetable juice. Alternatively, the fruits phase is predicted to develop on the highest CAGR over the forecast interval owing to the growing demand for jams, fruit jellies, dried fruits, and others.
Based mostly on the product kind, the worldwide fruit & vegetable trade is segmented into frozen, canned, dried & dehydrated, and others. The canned phase is predicted to dominate the market all through the forecast interval on account of rising demand for canned fruit and veggies in each developed and creating nations, significantly for fresh-cut canned objects. Moreover, rising demand for canned veggies in salt brine, canned items in vegetable oils, and canned merchandise in tomato concentrated juice are prone to propel the market ahead.
Based mostly on the know-how, the worldwide fruit & vegetable processing market is split into Excessive Stress Processing (HPP), Microwave Processing, and Pulsed Electrical Area Processing (PEF). The Excessive Stress Processing (HPP) phase is predicted to carry the most important market share throughout the forecast interval. The expansion in that is as a result of elevated use of HPP know-how within the preparation of jams and comparable items to take care of the pure fruit taste. This technique is ideally fitted to high-value, higher-priced merchandise that should maintain taste and colour. HPP is a crucial approach in making certain meals security as a result of the product will not be reopened till it reaches the client, which is projected to advertise sector growth.
Based mostly on the processing system, the worldwide fruit and vegetable processing trade is segmented into small-scale processing, intermediate-scale processing, and large-scale processing.
Based mostly on the gear kind, the market is bifurcated into pre-processing gear, peeling/inspection/slicing, washing & dewatering, fillers, seasoning, packaging & dealing with, and others.
Based mostly on the operation, the worldwide trade is split into computerized and semi-automatic.
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Record of Key Gamers in Fruit & Vegetable Processing Market:
- SPX FLOW
- GEA Group Aktiengesellschaft
- Tetra Pak Worldwide S.A.
- Krones AG
- ALFA LAVAL
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A
- Feldmeier Tools Inc.
- Scherjon Dairy Tools Holland B.V.
- Coperion GmbH
- Van den Heuvel Dairy & Meals Tools B.V.
- Sealtech Engineers Non-public Restricted
- Inoxpa S.A.
- Stephan Equipment.
- SSP Pvt. Ltd
- Saputo Inc.
- Mahanagar Engineering Pvt. Ltd
- Dairy Tech India.
- ABL TECHNOLOGIES LTD
- Varsha Engineers amongst others.
Key questions answered on this report:
- What are the expansion charge forecast and market dimension for Fruit & Vegetable Processing Market?
- What are the important thing driving components propelling the Fruit & Vegetable Processing Market ahead?
- What are crucial firms within the Fruit & Vegetable Processing Market Trade?
- What segments does the Fruit & Vegetable Processing Market cowl?
- How can I obtain a free copy of the Fruit & Vegetable Processing Market pattern report and firm profiles?
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- In September 2021, Quintus Applied sciences introduced its re-entry into the excessive strain processing (HPP) marketplace for meals and beverage functions utilizing cutting-edge new HPP gear and tailor-made service options.
- In December 2021, Nestle India acquired clearance below the Authorities of India’s manufacturing linked program (PLI) for the meals processing trade inside the related classes, specifically processed fruit and veggies and ready-to-eat/ready-to-cook meals. The proposal for processing fruit and veggies made by Nestle India Restricted was authorised below this program.
- In September 2021, the Kraft Heinz Firm signed a contract to purchase “Hemmer,” a Brazilian condiment and sauce producer. The acquisition is meant to extend Brazilian prospects’ gastronomic options whereas advancing Kraft Heinz’s worldwide style elevation product platform growth and its footprint in rising international locations.
- North America is predicted to dominate the market throughout the forecast interval.
North America is predicted to dominate the worldwide fruit & vegetable processing market throughout the forecast interval. The expansion within the area is attributable to the rising shopper expenditure on comfort meals, rising information of the well being benefits of consuming fruit and veggies, and rising imports of processed fruit and veggies. As an example, in accordance with the US Division of Agriculture, within the final ten years, U.S. fruit imports elevated by $8.9 billion to fulfill rising demand.
As extra Individuals select contemporary meals as an alternative of processed ones to eat higher, customers have favored extra contemporary greens. Moreover, increasing imports of fruits like pineapples, mangos, and papaya are the results of growing ethnic selection and a rising want for extra tropical produce. Moreover, since canned and different processed fruit and veggies have a comparatively longer shelf life than contemporary meals, prospects favor them. In america, Canada, and different nations, varied companies present gear for processing fruit and veggies.
The vast majority of these producers are small and medium-sized companies (SMEs), though plenty of large, well-known American manufacturers do enterprise internationally. As an example, Excalibur offers dehydrators to dry fruits, greens, and leafy greens for nutritious snacks, in addition to varied shelf-stable meals varieties which are safe to devour at dwelling. Together with the end-user want, components such because the excessive value of labor within the US, low workforce retention charges, and immigration laws are predicted to hasten the demand for innovation and gear automation with enhanced performance.
Alternatively, the Asia Pacific is predicted to develop on the highest CAGR over the forecast interval. The expansion within the area is owing to the growth of the processed meals and beverage sector and the rising demand for contemporary produce. Furthermore, the growing manufacturing of fruit and veggies particularly within the international locations like China and India. All sorts of contemporary fruit and veggies are extensively obtainable due to India’s various setting. After China, it’s the second-largest producer of fruit and veggies on this planet.
India produced 200.45 million metric tonnes of greens and 102.48 million metric tonnes of fruits in 2020–21, in accordance with the Nationwide Horticulture Database (Second Advance Estimates) issued by the Nationwide Horticulture Board. Fruits had been grown on an space of 9.6 million hectares, whereas greens had been grown on an space of 10.86 million hectares. Moreover, in accordance with FAO (2021), India is the main producer of ginger and okra amongst greens, and it ranks second within the manufacturing of potatoes, onions, cauliflowers, brinjal, cabbages, and different greens. Amongst fruits, the nation produces probably the most bananas (26.45%), mangoes (together with mangosteens and guavas) (43.80%), and papayas (39%).
International Fruit & Vegetable Processing Market is segmented as follows:
Fruit & Vegetable Processing Market: By Sort Outlook (2023-2030)
Fruit & Vegetable Processing Market: By Product Sort Outlook (2023-2030)
- Dried & Dehydrated
Fruit & Vegetable Processing Market: By Know-how Outlook (2023-2030)
- Excessive Stress Processing (HPP)
- Microwave Processing
- Pulsed Electrical Area Processing (PEF)
Fruit & Vegetable Processing Market: By Processing System Outlook (2023-2030)
- Small Scale Processing
- Intermediate Scale Processing
- Giant Scale Processing
Fruit & Vegetable Processing Market: By Tools Sort Outlook (2023-2030)
- Pre-Processing Tools
- Washing & Dewatering
- Packaging & Dealing with
Fruit & Vegetable Processing Market: By Operation Outlook (2023-2030)
Fruit & Vegetable Processing Market: By Area Outlook (2023-2030)
- The UK
- Remainder of Europe
- South Korea
- Southeast Asia
- Remainder of Asia Pacific
- Remainder of Latin America
Center East & Africa
- South Africa
- Remainder of Center East & Africa
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Flick thru Zion Market Analysis’s protection of the International Meals & Beverage Trade
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