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. The global fruit & vegetable processing market comprises the global fruit & vegetable processing equipment market and processed fruits & vegetables market.
The demand for processed fruits & vegetables is projected to be on the rise, owing to factors such as increase in disposable incomes, the growing middle-class population, the introduction of technologically advanced products, and benefits such as long shelf life offered by processed fruits & vegetables. However, few incidences of food recall in the food industry may hamper the growth of the fruit & vegetable processing market during the forecast period.
The demand for fruit & vegetable processing equipment is also growing remarkably due to the growth of the processed fruits & vegetables market. Thus, processors are actively opting for automated and integrated equipment to focus on a broader field of processed fruit & vegetable applications and the growing demand for processed products with better health benefits. Therefore, the fruit & vegetable processing equipment market is projected to grow significantly during the forecast period.
In terms of both value and volume, the fresh segment is projected to grow at the highest CAGR between 2017 and 2022. Increase in consumer expenditure on value-added fruits & vegetables, growth in consumer health awareness, and rise in aging population have also contributed to the increase in demand for fresh produce. Growth in awareness about healthy lifestyles among the consumers of developed nations such as the US and various countries across the European Union are also driving the growth of the fresh segment. Hence, the demand for fresh product type in the processed fruits & vegetables market is projected to witness significant growth in the coming years.
- Conagra Brands
- Dole Food
- GEA Group
- Greencore Group
- JBT Corporation
- Olam International
- The Kraft Heinz Company
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
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