Global $346 Billion Fruit & Vegetable Processing Market Analysis 2017 and Forecasts 2018-2022 - ResearchAndMarkets.com

DUBLIN--()--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.

Market Dynamics

Drivers

  • 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

Opportunities

  • Post-Sales Service Contracts
  • Government Funds for SMEs

Restraints

  • Increase in Cost of Power & Energy

Challenges

  • High Capital Investment

Key Topics Covered:

1 Introduction

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

  • Albertsons
  • Bosch
  • Buhler
  • Conagra Brands
  • Dole Food
  • GEA Group
  • Greencore Group
  • JBT Corporation
  • Kroger
  • Krones
  • Nestle
  • Olam International
  • The Kraft Heinz Company

For more information about this report visit https://www.researchandmarkets.com/research/66hmn2/global_346?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Food Processing, Fruit and Vegetables

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food Processing, Fruit and Vegetables