DUBLIN--(BUSINESS WIRE)--The "Fruit & Vegetable Processing Market by Product Type (Fresh, Fresh-cut, Canned, Frozen, Dried & Dehydrated, Convenience), Equipment (Pre-processing, Processing, Washing, Filling, Seasoning, Packaging), Operation, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global fruit & vegetable processing market is estimated to reach USD 245.97 Billion in 2017 and is projected to reach USD 346.05 Billion by 2022, at a CAGR of 7.1% from 2017.
North America is estimated to occupy the largest share of the global fruit & vegetable processing market, in terms of value, in 2017, owing to the mature fruit & vegetable processing industry and the presence of major companies such as JBT Corporation, Conagra Brands, and Dole Food.
In the Asia Pacific region, India is projected to be the fastest-growing market during the forecast period. The changing lifestyles and preferences, increasing awareness regarding the benefits of processed fruits & vegetables, the growing health-conscious population, higher disposable incomes, and growth of the middle-class population are some of the factors driving the growth of the fruit & vegetable processing market in India. India has a varied agricultural climate, relatively inexpensive labor, and according to the FAOSTAT, it accounted for the second-largest population in the world in 2017, which is expected to support the growth of this industry.
Key players in Europe and the US focus on tapping the fruit & vegetable processing market in countries such as India and China, owing to which Asia Pacific is expected to witness high growth in the coming years.
- Advancement of the Fruit & Vegetable Processing Industry
- Development of New Technologies for Fruit & Vegetable Processing
- Consumer Dependence on Prepared Food With Changing Lifestyles
- Automation and Robotics in Processing Equipment
- Post-Sales Service Contracts
- Government Funds for SMEs
- Increase in Cost of Power & Energy
- High Capital Investment
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Market Overview
7 Fruit & Vegetable Processing Equipment Market, by Type
8 Fruit & Vegetable Processing Equipment Market, by Operation Type
9 Processed Fruits & Vegetables Market, by Type
10 Processed Fruits & Vegetables Market, by Product Type
11 Fruit & Vegetable Processing Market, by Region
12 Competitive Landscape
13 Company Profiles
- Conagra Brands
- Dole Food
- GEA Group
- Greencore Group
- JBT Corporation
- Olam International
- The Kraft Heinz Company
For more information about this report visit https://www.researchandmarkets.com/research/66hmn2/global_346?w=4