Fruit & Vegetable Market by Type, Distribution Channel

List of Tables

[194 Pages Report] The Fruit & Vegetable Market size was estimated at USD 1.26 trillion in 2023 and expected to reach USD 1.32 trillion in 2024, at a CAGR 4.76% to reach USD 1.75 trillion by 2030.

Fruits are the seed-bearing structures in plants that are formed from the ovary after flowering, while vegetables are parts of plants consumed by humans & other animals as food. The fruit and vegetable applications sector spans various segments, including fresh consumption, culinary uses, and processing into juices, canned goods, frozen products, and other value-added products. The end-users primarily consist of households, food service industries, and food processors, underlining the market's extensive reach and versatility. Rising consumer health and wellness awareness across the globe accelerating the adoption of fruit & vegetables. In addition, government support for sustainable farming practices and the growing demand for organic products propel market expansion. However, perishability and the high cost of storage and transportation impact the market growth. Furthermore, ongoing advancements in agricultural practices and cold chain logistics create potential opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.26 trillion
Estimated Year [2024]	USD 1.32 trillion
Forecast Year [2030]	USD 1.75 trillion
CAGR (%)	4.76%

Type: Expanding organic farming practices across the globe due to its perceived health benefits and lower chemical usage

Conventional farming practices use synthetic chemicals and fertilizers to promote plant growth and prevent diseases. This method focuses on high yield and cost-effectiveness. Customers opting for conventional produce generally prioritize price and availability. Organic produce is cultivated without synthetic fertilizers, pesticides, and genetically modified organisms. This method emphasizes environmental sustainability and soil health. Consumers purchasing organic fruits and vegetables often prioritize health and environmental concerns.

Distribution Channel: Shifting trends towards online distribution channel due to its convenience and easy accessibility

The offline distribution channel encompasses physical retail outlets, supermarkets, farmer's markets, and wholesale markets. It has historically been the primary avenue for fruit and vegetable distribution, given the consumer preference for inspecting fresh produce directly before purchase. Convenience stores offer a quick and accessible option for consumers seeking fresh produce on the go. These outlets are strategically located within residential areas or along busy streets, making them easily accessible to a wide range of customers. Supermarkets and hypermarkets represent a vital segment in the distribution channel for fruits and vegetables. They offer a vast selection of produce, catering to the diverse needs and preferences of consumers. The online distribution channel has gained significant traction, especially accelerated by the COVID-19 pandemic. It covers online grocery delivery services, e-commerce platforms, and direct-to-consumer options offered by farmers and manufacturers. The convenience of home delivery, the ability to quickly compare prices, and the increased availability have been key growth drivers.

Regional Insights

In the Americas, with a focus on the United States and Canada, there is a significant emphasis on organic and locally sourced fruits and vegetables. Consumers in these countries are increasingly informed about the advantages of a healthy diet and are keen to pay a premium for environmentally friendly and sustainable products. The United States, being one of the largest consumers of fruits and vegetables globally, has seen a wave in demand for exotic and tropical fruits, prompting domestic producers to expand their offerings. European Union countries are at the forefront of adopting stringent quality and safety standards for produce, promoting organic farming, and reducing food waste. The Middle East is grappling with the challenge of food security, leading to increased investments in agricultural technologies. In Africa, the focus is on enhancing agricultural productivity and market access for smallholder farmers, with significant initiatives aimed at reducing post-harvest losses and improving supply chain efficiency. The APAC region is characterized by its vast consumer base, with China and India being the most significant players due to their large populations. China has been focusing on modernizing its agricultural sector, with substantial investments in biotechnology and data analytics to improve crop yields and reduce pesticide use. India's market is driven by a growing middle class and increasing health consciousness among consumers, leading to a rise in demand for both domestic and exotic fruits and vegetables.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Fruit & Vegetable Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Fruit & Vegetable Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Fruit & Vegetable Market, highlighting leading vendors and their innovative profiles. These include ABC Fruits, Ardo, B.Y. Agro & Infra Ltd., Chiquita Brands International S.a.r.l., Dole PLC, Frozenpicks, Frutteto, Fyffes by Sumitomo Corporation, Mazzoni Group, Metro Frozen Folkks Foods Private Limited, Pal Fresh Frozen Foods, SonderJansen, United Fresh Produce Association, Valleyfresh by Freshmax Group, and Wholesome Foods.

Market Segmentation & Coverage

This research report categorizes the Fruit & Vegetable Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Conventional
- Organic

Distribution Channel
- Offline
  - Convenience Stores
  - Supermarkets/Hypermarkets

Online

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Fruit & Vegetable Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Fruit & Vegetable Market?

3. What are the technology trends and regulatory frameworks in the Fruit & Vegetable Market?

4. What is the market share of the leading vendors in the Fruit & Vegetable Market?

5. Which modes and strategic moves are suitable for entering the Fruit & Vegetable Market?

Product Code: MRR-F97DD5A7D8A8

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising consumer health and wellness awareness
  - 5.1.1.2. Government investments & initiatives for sustainable farming practices
  - 5.1.1.3. Growing demand for organic products propel market expansion
- 5.1.2. Restraints
  - 5.1.2.1. High cost regarding the storage and transportation of fruits and vegetables
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing technological advancements in agricultural practices
  - 5.1.3.2. Introduction of attractive packaging and marketing materials
- 5.1.4. Challenges
  - 5.1.4.1. Issues associated with the quality management and maintenance
5.2. Market Segmentation Analysis
- 5.2.1. Type: Expanding organic farming practices across the globe due to its perceived health benefits and lower chemical usage
- 5.2.2. Distribution Channel: Shifting trends towards online distribution channel due to its convenience and easy accessibility
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Fruit & Vegetable Market, by Type

6.1. Introduction
6.2. Conventional
6.3. Organic

7. Fruit & Vegetable Market, by Distribution Channel

7.1. Introduction
7.2. Offline
7.3. Online

8. Americas Fruit & Vegetable Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Fruit & Vegetable Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Fruit & Vegetable Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. CMA CGM to Launch NAMEX, a Seasonal Offer for Fruit & Vegetable Transportation
- 11.3.2. Farmind and Sumitomo Corporation conclude business partnership agreement in fruits and vegetables business
- 11.3.3. Aavishkaar Capital invests INR 16 crore in INI Farms
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio