Global Fruit & Vegetables Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Vegetables and fruits are the main components of the diet of Chinese residents. They are rich in vitamins, inorganic salts, and dietary fiber necessary for the human body, and contain very little protein and fat. Since the fruits and vegetables contain various organic acids, aromatic substances, and pigments such as red, green, yellow, blue, and purple, people can cook various delicacies with different tastes, which are of great significance to increase appetite and promote digestion.
Market Overview:
The latest research study on the global Fruit & Vegetables market finds that the global Fruit & Vegetables market reached a value of USD 1377564.35 million in 2022. It’s expected that the market will achieve USD 1543166.22 million by 2028, exhibiting a CAGR of 1.91% during the forecast period.
Influence of COVID-19 Outbreak on Fruit & Vegetables Industry Development
The COVID-19 outbreak has disrupted business and economic activities globally. It is expected to have a short-term impact on the Fruit & Vegetables market to a certain extent. With several countries across the globe announcing nationwide lockdowns and temporary closures of various industries, production and manufacturing have been severely affected. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of small and medium-sized enterprises is imperfect and fragile. Trade barriers have further impacted the demand-supply gap. Companies operating in the Fruit & Vegetables market have suspended non-essential visits/activities until the COVID-19 outbreak is resolved.
Drivers
Consumers’ increased health awareness of healthy lifestyles will increase the demand for processed fruits and vegetables on the projected timetable, which will promote the development of organic food business. Continuous inspection of organic products and the use of chemical-free fertilizers and pesticides can reduce the chance of various diseases.
Compared with traditional foods, organic foods are nutritious, healthy and fresh. Due to changes in consumer preferences, government initiatives to promote public health, and favorable marketing strategies adopted by organic food and beverage processing companies, the global organic food market has shown strong growth, which has further promoted the demand for processed fruits and vegetables.
Unprocessed fruits and vegetables usually contain microflora, which is the main cause of foodborne disease outbreaks. Due to the consumption of raw, uncooked, or minimally processed fruit and vegetable products to minimize the risk to consumers, the importance of microbial safety is increasing. The growing demand for the use of chemical methods (such as cleaning and disinfection) to minimize the growth of natural microbial populations will promote growth in this field.
Region Overview:
China had the highest growth rate of all regions.
Company Overview:
Dole Food Company is one of the major players operating in the Fruit & Vegetables market, holding a share of 0.35% in 2021.
Dole Food Company, Inc. produces, markets, and distributes fresh fruits and vegetables. The Company offers bananas, strawberries, grapes, packaged salads, and pineapples.
Total Produce PLC markets and distributes a wide range of branded fresh produce to pan European and National retailer sand wholesaler. The Company offers products that include bananas, citrus, apples, pears, stone fruit, grapes, tomatoes, pineapples, exotics, salads, vegetables, and potatoes.
Segmentation Overview:
Among different product types, Fresh segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Specialty Stores & Convenience segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Fruit & Vegetables market covered in Chapter 3:
Total Produce plc
Dole Food Company
Fresh Del Monte Produce
Sunkist Growers
Chiquita Brands International
C.H. Robinson Worldwide
In Chapter 4 and Chapter 14.2, on the basis of types, the Fruit & Vegetables market from 2018 to 2029 is primarily split into:
Dried
Fresh
Frozen
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fruit & Vegetables market from 2018 to 2029 covers:
Specialty Stores & Convenience
Supermarkets & Hypermarkets
Online
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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