Fruit & Vegetable Processing Market

Fruit & Vegetable Processing Market Outlook (2024 to 2034)

The global fruit & vegetable processing market is estimated at US$ 361.23 billion in 2024. The market is projected to rise at a CAGR of 7.6% and reach a valuation of US$ 753.36 billion by 2034-end.

Growing number of online services and modern retail formats are enabling easy access to processed fruits and vegetables to consumers. Particularly, e-Commerce platforms are grabbing the attention of tech-savvy consumers by providing quick home delivery options and a diverse product selection. Increasing global exposure through travel, media, and migration is contributing to the fruit & vegetable processing market growth because of the rising acceptance of a wide range of food products.

Demand for exotic and non-native processed fruits and vegetables is increasing as these food items are widely traded from one country to another. Sales of functional items, such as fruit & vegetable juices, smoothies, vitamins, mineral-enriched snacks, and others are growing as they are gaining popularity among consumers looking for healthy and organic food products to enhance their diets and nutrition.

Key Market Growth Drivers

• Preference for fruits and vegetables that are ready-to-eat, pre-cut, or frozen is increasing, particularly among consumers with hectic lifestyles. These products appeal to urban inhabitants and working professionals because they save time and effort, as mentioned in the analysis of the fruit & vegetable processing industry.
• Products with clean labels, fewer additives, and better nutrient retention continue to increase in demand, which is driving innovation in techniques and contributing to the fruit & vegetable processing market size expansion.
• One of the key fruit & vegetable processing market trends is ongoing advancements. Innovations, such as freeze-drying, cold pressing, and aseptic processing, are positively changing the market by maintaining fruits and vegetables' original taste, texture, and nutrients.
• These mentioned innovations are also helping to increase shelf life and reduce food waste, which is further driving these product appeals among both manufacturers and customers.
• The increasing number of people moving into urban areas in several countries positively impacts the market as sales of processed or packaged fruits and vegetables are rising.
• People who live in cities are widely looking for easy meal options that meet their hectic schedules along with dietary requirements, which is further contributing to demand growth.

Report Attribute	Detail
Fruit & Vegetable Processing Market Size (2024E)	US$ 361.23 Billion
Forecasted Market Value (2034F)	US$ 753.36 Billion
Global Market Growth Rate (2024 to 2034)	7.6% CAGR
North America Market Value (2024E)	US$ 41.53 Billion
East Asia Market Growth Rate (2024 to 2034)	7.5% CAGR
Canned Fruits & Vegetables Segment Value (2034F)	US$ 314.27 Billion
Grocery Wholesalers & Supermarkets Segment Value (2034F)	US$ 409.38 Billion
Key Companies Profiled	Dole Food Company Inc.; Kraft Heinz Company; Conagra Brands, Inc.; Fresh Del Monte Produce Inc.; Agrana Beteiligungs-AG; Sorma Group; Del Monte Foods, Inc.; Pinnacle Foods, Inc.; Bonduelle Group; Taylor Farms

Why is the Requirement for Fruits & Vegetables Processing Rising Worldwide?

“Demand Rising Due to Technological Innovations Improving Quality and Shelf Life of Food Products”

Latest innovative processing techniques, such as freeze-drying, cold pressing, and aseptic processing, are positively influencing the market, as they are helping to increase product quality and shelf life. Freeze drying retains the flavor, texture, and nutrients of fruits and vegetables, so processed food is great for long-term storage and lightweight packaging.

Another development is cold pressing, which preserves the raw taste and nutritional value of juices and purees, according to the fruit & vegetable processing industry outlook.

Aseptic processing is a crucial packaging method whereby the container is sterilized separately from the contents. Products are processed and filled in a sterile environment to maintain a longer shelf life without preservatives or refrigeration.

These technological advancements are not only helping to reduce food waste through extended product usability but also addressing the rising demand for high-quality and nutrient-rich processed foods, thereby benefitting manufacturers, end users, as well as market growth.

Which Factors are Limiting the Sales Growth of Processed Fruits & Vegetables?

“Consumers High Preference for Fresh Products in Several Areas Limiting Sales Growth”

One of the primary factors that is limiting the demand growth is consumers’ high preference for fresh fruits and vegetables over processed ones. Particularly in areas with strong agricultural sectors and convenient access to fresh produce products, there are limited growth opportunities, which is somehow negatively influencing the market. Other than this, in several cities, individuals are ready to pay extra amounts for fresh products, especially those who value natural taste, texture, and nutrient content.

Fact.MR published a fruit & vegetable processing industry outlook, which mentions that due to their intrinsic seasonality, fruits and vegetables experience shortages during off-seasons and periods of excess during harvest. Because processors need to make investments in cold storage or preservation methods to ensure raw material availability, this seasonality poses supply chain problems, as well as hampers market growth.

Country-wise Insights

Western and Eastern Europe is projected to account for a significant portion of the fruit & vegetable processing market share in 2024. High demand for frozen and processed food items is driving the market expansion in these regions, according to the fruit & vegetable processing industry analysis.

North America is analyzed to provide lucrative opportunities due to the high demand for convenience food products, advanced processing methods, and a strong inclination toward sustainable and organic products. The region is also benefitting from well-established retail channels and supply chains.

What is the Sales Outlook for Processed Fruits & Vegetables in the United States?

“Processed Food Gaining Popularity among People Due to Long Shelf Life and Easy to Store”

Attribute	United States
Market Value (2024E)	US$ 37.2 Billion
Growth Rate (2024 to 2034)	7.6% CAGR
Projected Value (2034F)	US$ 77.4 Billion

Demand for convenience foods in the United States continues to rise, which is creating the need for fruit and vegetable processing. Ready-to-eat meals and snacks that save time in meal preparation are widely preferred by individuals in the country, particularly those with hectic lifestyles.

Products, including pre-cut, frozen, and canned fruits and vegetables are gaining popularity among consumers as they are convenient, have a longer shelf life, and importantly simple to store. These products allow individuals to incorporate healthy ingredients into their diets without the hassle of washing, peeling, or chopping, making them an ideal choice for modern households.

Why Processed Fruit & Vegetable Producers are Aiming at the Market in South Korea?

“Market Showing Positive Sentiments Due to Supportive Government Policies and Subsidies for Agriculture”

Attribute	South Korea
Market Value (2024E)	US$ 20.06 Billion
Growth Rate (2024 to 2034)	8.7% CAGR
Projected Value (2034F)	US$ 45.99 Billion

The government in South Korea is investing significant funds in food processing and agricultural modernization to increase food security and production efficiency. Producers are finding it simpler to expand their operations and implement advanced techniques due to policies and subsidies designed to promote the agriculture industry, particularly those for food processing technologies.

Because of this support, the market in South Korea is expanding at an excellent growth rate. All these are further driving innovations and productivity, as well as guaranteeing a consistent supply of processed fruits and vegetables.

Category-wise Insights

Based on the major market, the food service industries & food processors segment is projected to rise at a notable CAGR of 8.4% during the assessment period (2024 to 2034) due to increasing demand for convenience and high-quality ingredients in meal preparation. Food producers, caterers, and restaurants are looking for effective methods to include processed fruits and vegetables in their menus to satisfy customer demands for healthy and prepared meals.

Why is the Preference for Canned Fruits & Vegetables Rising among Consumers?

“High Availability and Long Shelf Life Making Canned Items Preferred Choice”

Attribute	Canned Fruits & Vegetables
Segment Value (2024E)	US$ 145.51 Billion
Growth Rate (2024 to 2034)	8.1% CAGR
Projected Value (2034F)	US$ 314.27 Billion

Demand for canned fruits and vegetables gaining popularity because of their year-round availability, extended shelf life, and ease of use. Because canning maintains the nutritional content, flavor, and texture of vegetables and fruits, they are becoming an ideal choice for people looking for quick yet readily consumable food options. Sales of canned fruit and vegetables increasing particularly in areas with hectic lives and limited access to fresh items.

Ongoing technological advancements are also improving the quality and nutritional value of these products, preserving their taste, texture, and nutrients effectively.

Why are Sales of Processed Fruits & Vegetables High from Supermarkets and Grocery Wholesalers?

“One Stop Shop Experience for Consumers and Availability of Diverse Processed Products”

Attribute	Grocery Wholesalers & Supermarkets
Segment Value (2024E)	US$ 193.49 Billion
Growth Rate (2024 to 2034)	7.9% CAGR
Projected Value (2034F)	US$ 409.38 Billion

Sales of processed fruits & vegetables are high from supermarkets and grocery wholesalers due to their spot as important distribution channels for convenience foods. Supermarkets and wholesalers satisfy the demands of a diverse consumer base, particularly those who appreciate convenient access to ready-to-eat and long-life items. Because processed fruits and vegetables are convenient, nutritious, and varied, people are increasingly seeking them out as their lifestyles become busier.

To cater to this demand, supermarkets in particular are expanding their fresh and packaged produce departments, allowing customers to buy these goods in one location. They are therefore driving the market expansion for processed fruits and vegetables.

Competitive Landscape

Key players in the fruit & vegetable processing market are introducing new and inventive products, such as organic, useful, or value-added processed goods, including smoothies and dried fruits to meet a wide range of consumer preferences. Several manufacturing companies are focusing on sustainability, which includes implementing eco-friendly production methods and packaging, cutting down on food waste, and others.

• In September 2024, as a one-stop resource for fact-based information and debunking myths about food safety and processing, the Consumer Brands Association unveiled a new website. By offering trustworthy, thoroughly researched facts and knowledgeable commentary on the advantages of processing for America's food supply, Food Processing Facts aims to preserve consumer choice.
• In April 2024, HyFun Foods, a company that exports processed fruits and vegetables, introduced HyFarm, its new project. The company started a farmer connect program and agricultural produce procurement at the HyFun Plant in Mehsana, Gujarat. Additionally, it declared an INR 100 Crore initial investment in HyFarm.

Fact.MR provides detailed information about the price points of prominent providers of fruit & vegetable processing positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Fruit & Vegetable Processing Market Research

• By Product & Service :

  • Canned Fruits & Vegetables
  • Frozen Fruits & Vegetables
  • Juices, Pre-cut Vegetables & Ready-Made Salads
  • Dried & Dehydrated Food

• By Major Market :

  • Grocery Wholesalers & Supermarkets
  • Food Service Industries & Food Processors
  • Other Food Manufacturers
  • Other Stores

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa