Market Research Report
Fruit & Vegetable Processing - Global Market Outlook (2020 -2028)
|Fruit & Vegetable Processing - Global Market Outlook (2020 -2028)|
Published: July 1, 2021
Stratistics Market Research Consulting
Content info: 150+ Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Fruit & Vegetable Processing Market is accounted for $302.25 billion in 2020 and is expected to reach $602.26 billion by 2028 growing at a CAGR of 9.0% during the forecast period. The advancement of the fruit & vegetable processing industry and consumer dependence on prepared food with changing lifestyles are the major factors propelling the market growth. However, an increase in the cost of power & energy is hampering the market growth.
Fruit and Vegetable processing is part of food processing which deals with the transformation of agricultural products into food, or of one form of food into other types. Processing of fruits and vegetable aids to produce products for direct consumption and as food ingredients.
Based on the type, the vegetables segment is estimated to have a huge demand during the forecast period due to the increase in health consciousness among consumers and the growing vegetarian population.
By geography, the Asia Pacific is going to have lucrative growth during the forecast period. The varying lifestyles and preferences, the rising health-conscious population, and the growth of the middle-class population are some of the factors pouring the growth of the fruit & vegetable processing market.
Some of the key players profiled in the Fruit & Vegetable Processing Market include Albertsons, Bosch, Buhler, Conagra Brands, Dole Food, GEA Group, Greencore Group, JBT Corporation, Kroger, Krones, Nestle, Olam International, The Kraft Heinz Company, Safeway Inc., and H. J. Heinz Company.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.