Fruit & Vegetable Processing Market by Product (Canned, Convenience, Dried & Dehydrated), Operation (Automatic, Semi-Automatic), Equipment, End-Users - Global Forecast 2024-2030

Fruit & Vegetable Processing Market by Product (Canned, Convenience, Dried & Dehydrated), Operation (Automatic, Semi-Automatic), Equipment, End-Users - Global Forecast 2024-2030

The Fruit & Vegetable Processing Market size was estimated at USD 13.26 billion in 2023 and expected to reach USD 14.11 billion in 2024, at a CAGR 6.67% to reach USD 20.86 billion by 2030.

Fruit and vegetable processing refers to the methods and techniques employed to transform raw fruits and vegetables into finished products ready for consumption or further use in the food industry. The processing of fruits and vegetables is a crucial step in the food value chain that enhances preservation, extends shelf life, reduces spoilage, and facilitates transportation. It encompasses various operations, including cleaning, sorting, grading, cutting, blanching, pasteurizing, freezing, fermenting, and packaging. There has been an increasing trend in the consumption of processed fruits and vegetables, driven partly by consumer awareness regarding the health benefits associated with fruit and vegetable intake and partly by the global increase in income levels, which has elevated the spending capacity on such convenience food products. Moreover, changing consumer dietary habits also fuels the demand for market growth. High setup costs and fluctuating raw material prices, Complexity of the supply chain & fruits and vegetables is a time-consuming process hampering market growth. Growing investment in automation and robotics in processing equipment encourage innovations in processing technologies, and growing demand for organic and clean-label products presents new opportunities for expansion in the fruit and vegetable processing market.

Regional Insights



The demand for fruit and vegetable processing in the Americas, particularly in North America, is characterized by a preference for convenience and healthy eating trends. The United States and Canada are prominent markets with a high consumption of processed fruits and vegetables in the form of frozen products, juices, and ready-to-eat packages. Moreover, stringent food safety regulations in North America govern the processing industry, ensuring high-quality standards. The European market is mature, with a strong emphasis on health and nutrition, leading to an increase in the demand for fresh and minimally processed fruits and vegetables. Sustainability and the environmental impact of processing are significant concerns influencing the adoption of innovative, eco-friendly processing technologies. In the Middle East, a growing expatriate population and rising health awareness are propelling the market, yet the hot climate necessitates significant importation and, thus, processing of perishable goods. Africa, while still developing in this sector, presents a vast potential with its abundant agricultural resources, and the demand is expected to grow with investments in food processing infrastructure. The Asia-Pacific region is experiencing a rapid shift in the fruit and vegetable processing industry. The region's large population base and growing economic prosperity, particularly in China and India, fueling demand for processed products. The market is characterized by a wide range of traditional and exotic fruits and vegetables, with domestic consumption and export potential driving the industry.

Market Insights



Market Dynamics



The market dynamics represent an ever-changing landscape of the Fruit & Vegetable Processing Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers


Growing awareness regarding the health advantages of fruits & vegetables consumption
Increased consumer dependence and spendings on prepared food
Changing dietary habit of the consumer

Market Restraints


Fluctuating raw material prices and high inventory storage cost

Market Opportunities


Increasing investment in automation and robotics in processing equipment
Growing demand for organic and clean-label products

Market Challenges


Complexity of supply chain & time consuming process

Market Segmentation Analysis


Product: Growing demand for fresh-cut fruits and vegetables owing to rise in demand for easy-to-prepare healthy foods
Operation: Wide acceptance of automatic fruit & vegetable processing systems greater operational consistency and lower direct labor costs over time
Equipment: Growing adoption of automated systems with vacuum-sealing and modified atmosphere packaging technology to extend shelf life and preserve product quality
End-Users: SIgnificant utilization of fruit & vegetable processing by agricultural end-users for need cost-effective and high-volume handling

Market Disruption Analysis


Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix



The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Fruit & Vegetable Processing Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis



The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Fruit & Vegetable Processing Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments




Agritech DeHaat acquires Freshtrop Fruits’ export business for USD 9 million

DeHaat, an agritech startup backed by Sofina and Temasek, has acquired the export business of Freshtrop Fruits for INR 77 crore (approximately USD 9.3 million). As part of the deal, the export vertical employees of Freshtrop Fruits, including its top leadership, will be transferred to DeHaat. This acquisition expands DeHaat's export business into the European market for exotic fruits and vegetables and allows them to continue their agri inputs marketplace.


Tianyun International reached a strategic agreement with a Malaysian tropical fruit producer

Tianyun International Holdings Limited and Tuah Tacunan Sdn Bhd have entered a strategic cooperation agreement in the fruit and vegetable processing. This agreement focuses on selling tropical fruits, processing fruit, and developing the upstream and downstream supply chain and production base. The agreement aims to introduce new varieties of fruits with advanced technology and management experience from abroad, thereby expanding the scope of cooperation between the parties.


Afresh Technologies and Albertsons Companies Implement AI-Powered Platform to Help Improve Fresh Produce Inventory and Reduce Waste Going to Landfill

Afresh Technologies and Albertsons Companies have collaborated to roll out Afresh's predictive ordering and inventory management platform in over 2,200 Albertsons stores. This innovative system aims to reduce food waste while providing store teams user-friendly ordering tools that utilize real-time insights.

Strategy Analysis & Recommendation



The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Fruit & Vegetable Processing Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles



The report delves into recent significant developments in the Fruit & Vegetable Processing Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Albertsons Companies, Inc., Alfa Laval, Archer Daniels Midland Company, B&G Foods Inc., Bonduelle Group., Buhler AG, DeHaat, Dole Food Company, Inc., Döhler GmbH, Finis Food Processing Equipment B.V., Fresca Group, GEA Group AG, Greencore Group Plc, ITC Limited, JBT Corporation, John Bean Technologies, Krones AG, Marel, Mazzoni S.p.A., Neologic Engineers Pvt. Ltd., Nestlé S.A., Pepsico, Inc., Sysco Corporation, The Kraft Heinz Company, and The Kroger Co..

Market Segmentation & Coverage



This research report categorizes the Fruit & Vegetable Processing Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Canned
Convenience
Dried & Dehydrated
Fresh
Fresh-Cut
Frozen
Operation
Automatic
Semi-Automatic
Equipment
Fillers
Packaging & Handling
Peeling, Inspection & Slicing
Pre-Processing Equipment
Seasoning Systems
Washing & Dewatering
End-Users
Agriculture
Food & Beverages
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year