Fruit & Vegetable Processing Market Size US$ 63.49 Billion in 2023: Global Key Insights and Growth Trends 2029
Anuj Sharma
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Growing consumer demand for convenient, processed food, technological advancements, health awareness, urbanization, and a focus on sustainability are propelling the global fruit & vegetable processing market forward.
According to a report by TechSci Research “Global Fruit & Vegetable Processing Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the market reached USD 63.49 billion in 2023 and is projected to grow at a CAGR of 3.77% during the forecast period of 2025-2029. The market is being driven by changing consumer preferences, advancements in technology, and the increasing desire for convenient and nutritious food options. Key factors contributing to this growth include the rising popularity of organic and natural products, the adoption of advanced processing technologies, a surge in demand for ready-to-eat snacks, and a strong emphasis on sustainability practices. North America leads the market, benefiting from a well-established food processing sector. As the industry continues to innovate and cater to health-conscious consumers, the global fruit & vegetable processing market is set for sustained expansion and diversification.
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The Global Fruit & Vegetable Processing Market is driven by rising demand for convenient processed foods, meeting the needs of modern lifestyles. Technological advancements, such as high-pressure processing and advanced thermal methods, revolutionize processing techniques, preserving nutritional value and flavors. There's a growing preference for organic products, reflecting health and sustainability concerns, while ready-to-eat snacks from processed fruits and vegetables cater to busy consumers seeking healthy options. Sustainability practices, including eco-friendly packaging and waste reduction, are gaining importance across the industry. North America leads due to its established food processing sector and strong distribution networks. Challenges include fluctuating raw material prices and regulatory compliance. The market segments into fresh, fresh-cut, canned, frozen, and others, with fresh-cut products experiencing notable growth driven by demand for convenient and healthy options in today's fast-paced lifestyle.
Major companies operating in global fruit & vegetable processing market are:
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"The Global Fruit & Vegetable Processing Market thrives on increasing demand for convenient and nutritious processed foods, driven by technological advancements and sustainability practices. Consumers prefer organic and natural products, leading to a shift towards healthier options like ready-to-eat snacks made from processed fruits and vegetables. North America dominates, benefiting from a well-established food processing sector. Despite challenges like fluctuating raw material prices, the industry shows promise for sustained growth, fueled by innovation, health-conscious trends, and sustainability efforts." - Mr. Karan Chechi, Research Director, TechSci Research.
"Global Fruit & Vegetable Processing Market – Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Pre-Processing Equipment, Washing & Dewatering, Peeling/Inspection/Slicing, Others), By Operation Type (Automatic, Semi-Automatic), By Product Type (Fresh, Fresh-Cut, Canned, Frozen, Others), By Region, By Competition, 2019-2029", evaluates the future growth potential of the market and provides comprehensive insights to aid investment decisions. The report identifies emerging trends, drivers, challenges, and opportunities in the global fruit & vegetable processing market.
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