A recent report published by Infinium Global Research on fruit and vegetable processing market provides an in-depth analysis of segments and sub-segments in the global as well as regional fruit and vegetable processing market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional fruit and vegetable processing market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fruit and vegetable processing market. According to the report, the global fruit and vegetable processing market is projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.
The growing focus of the governments of different countries to promote the agriculture-based industry and boost employment is helping to grow the demand of the food and vegetable processing industry. Further, the growing demand for the different type of processed fruits and vegetable products among the millennial consumers are helping to grow the demand for the different type of fruit and vegetable processing equipment among the food processors to cater to the growing demand from premium and millennial consumer groups. Additionally, fruit and vegetable processing activities help the farmers to preserve their products for the future, when the price will be more at compare to the present. Hence, there is a growing demand for the basic processing equipment among the farmers. These trends are helping to grow the demand for the fruit and vegetable processing market
The continuous growing demand of the processed food among the young and middle-class consumers is helping to grow the demand for the fruit and vegetable processing market. Further, the growing awareness among the farmers about the importance of the processing of their fruits and vegetable, which helps to get the extra money of their products is helping to grow this market in developing countries. Further, the increasing growth of the organized retail chain and specialty stores in the developing countries is creating a good the market for a different type of processing fruits and vegetable products are contributing to the growth of the fruit and vegetable processing market
Geographically, the fruit and vegetable processing market is segmented into four regions, namely North America, Europe, the Asia-Pacific, and RoW. North America is the largest market of the fruits and vegetable market owing to the presence of a large number of the fruit and vegetable processing companies in this region. Additionally, the presence of a large number of consumers who are fond of processed food products is helping to continuously grow this market in this region. Europe is the second-largest market of the fruit and vegetable processing industry, after North America. The Asia-Pacific fruit and vegetable processing market is expected to grow at the highest rate owing to the growing demand of the processed fruit and vegetable among the young consumers for their better health.
The report on global fruit and vegetable processing market covers segments such as equipment type, operation type, and product type. On the basis of equipment type, the sub-markets include pre-processing equipment, peeling/inspection/slicing, washing and dewatering, fillers, seasoning systems, packaging and handling, and other types. On the basis of operation type, the sub-markets include automatic, and semi-automatic. On the basis of product type, the sub-markets include fresh, fresh-cut, canned, frozen, dried and dehydrated, and other product types.
The report provides profiles of the companies in the market such as Albertsons Companies LLC, The Kraft Heinz Company, The Kroger Co., Nestlé S.A., Greencore Group plc, Dole Food Company, Inc., Conagra Brands, Inc., Krones AG, JBT Corporation, and GEA Group AG.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of fruit and vegetable processing market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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