The Global Fruit & Vegetable Processing Market is expected to grow at a CAGR of 7% to 8% from 2018.
Processed Fruits and Vegetables Market Overview
Fruit and vegetable processing is seen widely in the food and beverage industry. Several types of processing such as drying, canning, freezing, and the preparation of jams, juices, and jellies augment the shelf life of fruits and vegetables.
The most perishable and vital ingredients in the human diet are fruits and vegetables. They are a cheaper and better food product and make a considerable nutritional contribution to human well-being owing to their high nutritive value. Fruit and vegetable processing projects established and planned aim for solving are very clearly identified for market growth. It also aims to replace imported products like tomato sauces, squash, pickles, yams among others.
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Processed Fruits and Vegetables Market Geography
North America dominated the global fruit and vegetable market with over 31% market share in 2014. Europe is also one of the major players in the world trade for processed fruits and vegetables. Germany, United Kingdom, France, Belgium and the Netherlands are some of the biggest importers of processed food vegetables in this region. Africa and the Middle East represent a region with a very large potential consumer base for processed fruit and vegetable products.
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Processed Fruits and Vegetables Market Drivers
Continuous changing in lifestyle, rapid expansion of urban & rural areas and instant growth of food service industries are also supporting the development of this industry.
The major factors driving this market are growing food service industry, alertness about benefits of fruits & vegetables, reduction of imports and meeting export demands, consumer demands for safety, scientific and technological developments, government industrialization policy etc.
Processed Fruits and Vegetables Market Top Key Players
The major players of this industry are JBT Corporation, Conagra Brands, Dole Foods, Albertsons, The Kraft Heinza Company, Greencore Group, Olam International, Kroger, Nestle, Krones etc.
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