PUBLISHER: TechSci Research | PRODUCT CODE: 1879176
PUBLISHER: TechSci Research | PRODUCT CODE: 1879176
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The Global Fruit & Vegetable Processing Market, valued at USD 65.34 Billion in 2024, is projected to grow at a CAGR of 3.88% to reach USD 82.12 Billion by 2030. This market involves transforming raw fruits and vegetables into canned, frozen, dried, juiced, or pureed products, extending shelf life and expanding their utility across food, beverage, and food service sectors. Growth is driven by rising demand for convenient, ready-to-use food options, increasing health awareness supporting processed fruit and vegetable ingredients, and expansion in global food service operations.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 65.34 Billion |
| Market Size 2030 | USD 82.12 Billion |
| CAGR 2025-2030 | 3.88% |
| Fastest Growing Segment | Peeling/Inspection/Slicing |
| Largest Market | North America |
Key Market Drivers
The global fruit and vegetable processing market is significantly influenced by the escalating demand for convenience and ready-to-eat food products
Increasing urbanization and fast-paced lifestyles are driving consumer preference for easily accessible, minimally prepared food options such as pre-cut, frozen, and ready-to-heat meals. This shift is prompting major investments in production capacity; for example, in November 2024, Nestle USA announced a $150 million expansion of its Gaffney, South Carolina, facility, adding a new line dedicated to single-serve frozen meals. Advancements in processing technologies-including aseptic packaging, high-pressure processing, and improved freezing techniques-are further enhancing product shelf life, nutritional quality, and safety. The Nestle expansion also incorporates advanced automation and digital technologies to boost efficiency. According to the FAO, global fruit and vegetable production reached 2.1 billion tonnes in 2023, a 1 percent increase from 2022, reinforcing the abundant raw material base supporting growth.
Key Market Challenges
A significant challenge impeding the growth of the Global Fruit & Vegetable Processing Market is the inherent volatility in raw material supply and pricing
Unpredictable climate conditions and fluctuating agricultural outputs directly affect availability and cost of key fruits and vegetables, complicating procurement and production planning. This leads to increased operating costs and makes long-term financial forecasting difficult for processors. According to ProducePay's 2024 Fresh Produce Industry Volatility Report, fresh produce pricing exhibited 70% annualized volatility in 2023. Such instability erodes profit margins and limits investment capacity, making it difficult for producers to maintain consistent product pricing or plan expansions, ultimately restricting overall market growth.
Key Market Trends
The rising demand for clean label and transparent product offerings
Increasing consumer preference for products with simple, recognizable ingredients and clear sourcing is reshaping processed fruit and vegetable product development. Regulatory shifts reflect this trend: according to the Institute of Food Technologists in December 2024, the 2023 California Food Safety Act-which banned four food additives-prompted similar legislative initiatives in nearly a dozen additional U.S. states. Manufacturers are responding with reformulated offerings; for example, Dole Packaged Foods announced new product lines in March 2023 that exclude processed sugars, addressing consumer demand for health-conscious and transparent formulations.
In this report, the Global Fruit & Vegetable Processing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Fruit & Vegetable Processing Market.
Global Fruit & Vegetable Processing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: