NEWARK, Del, July 06, 2022 (GLOBE NEWSWIRE) -- FMI report, the sales of processed fruits & vegetables are expected to surpass a value of US$ 539.8 Bn in 2032, rising at a CAGR of around 7.1% through the end of 2032.
The rise is attributed to the product's low processing and high nutritious value. Manufacturers are changing the processed fruits & vegetables market trends by employing a variety of packaging solutions to keep fresh–cut fruits and vegetables fresh. The use of edible coatings and modified atmosphere packaging (MAP) to extend the shelf life of fresh–cut fruits and vegetables is becoming more common.
As per the processed fruits & vegetables market analysis, there has been an increase in interest in the creation and manufacture of meat substitutes during the past few years. By 2030, it is anticipated that the global market for plant-based alternatives will be worth USD 85 million.
Download Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15135
The demand for beef and dairy products in the US is also anticipated to decline by 80–90% by 2035. Because of their greater functioning and improved nutritional makeup, which can result in texture and flavor upgrades, fruits and fruit-based products are attracting the attention of manufacturers of plant-based foods. This has changed the processed fruits & vegetables market outlook significantly.
Additionally, the COVID-19 pandemic has improved the rate of adoption of processed fruits & vegetables since it is well suited for living in quarantine and is thought to be both inexpensive and nourishing.
The market for dried fruits has been pushed up by the increased demand for processed fruits & vegetables market in various parts of the world. The market for dried fruit is being driven by a shift in customer choice for healthy and nutritious foods as a result of rising obesity and an aging population.
Furthermore, the rising demand for dried fruit has been spurred by increased acceptance of healthful packaged foods and widespread use of dried fruit in the dairy, snack, confectionery, and bakery, industries, therefore, augmenting the growth of the processed fruits & vegetables market.
Key Takeaways from the Processed Fruits & Vegetables Market Study:
- The US is estimated to account for more than 60% of the North American processed fruits & vegetables market market in 2022.
- Through 2026, Latin America is expected to grow at a healthy 7.1% compound annual growth rate (CAGR).
- The increasing urbanization and accompanying lifestyle changes which are focused towards higher health consciousness among consumers are primarily responsible for regional growth in the US.
- The food is cooked to a precise and controlled temperature during the canning process to destroy enzymes and eliminate the risk of deterioration and food illness, therefore, leading to rapid growth in the canned processed fruits & vegetables market segment.
- The filling processing equipment industry is expected to exceed USD 38.6 billion by 2027, owing to technological developments like heightened production speed, reduced manpower requirements, and automated reliability to maintain product quality.
“Key market players are investing much in R&D in order to introduce new products and obtain a competitive advantage. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.
Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-15135
Who is winning?
Key players operating in the global processed fruits & vegetable market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production. Technology is also proving to be strong support for the demand for processed fruits & vegetables market to grow in the coming years.
For example, Sorma Group developed the HyperVision platform in January 2021, a cutting-edge, multi-wavelength lighting solution that provides exceptional fruit sorting and a high level of efficiency. It has the capability of analyzing up to 15 pieces of fruit each second.
Get Valuable Insights into Processed Fruits & Vegetables Market
FMI, in its new offering, provides an unbiased analysis of processed fruits & vegetables presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for Processed Fruits & Vegetables based on by type (vegetables and fruits), by processing equipment (processing, pre-processing, seasoning, washing, filling, packaging), by product (fresh, canned, fresh-cut, drying & dehydration, frozen) across five major regions.
Before Buying, Visit for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-15135
Processed Fruits & Vegetables Market by Category
By Type:
- Fruits
- Vegetables
By Processing Equipment:
- Processing
- Pre-processing
- Seasoning
- Washing
- Filling
- Packaging
By Product:
- Fresh
- Canned
- Fresh-Cut
- Drying & Dehydration
- Frozen
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- MEA
Contact Sales for Further Assistance in Purchasing this Report @ https://www.futuremarketinsights.com/checkout/15135
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
Explore FMI’s Extensive Coverage on Food and Beverage
IQF Vegetables Market Size: IQF vegetable sales are expected to surge at 4.5% CAGR over the course of the assessment period, from 2021 to 2031.
Dehydrated Vegetables Market Share: In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for dehydrated vegetables Market.
IQF Fruits and Vegetables Market Trend: Geographically, North America is expected to be the largest market for the global IQF fruits and vegetables market during the forecast period in terms of market revenue and volume.
Canned Vegetables Market Growth: The global canned vegetables market is expected to reach a market valuation of US$ 22.5 Bn by the year 2022, accelerating at a CAGR of 3.9% over the forecast period (2022-2032).
Molluscs Market Sales: The molluscs market is anticipated to have a moderate CAGR of 4.5% during the forecast period of 2022-2032. According to FMI, the molluscs market is expected to grow from US$ 60.72 billion in 2021 to US$ 98.54 billion by 2032.
Calf Milk Replacers Market Demand: The calf milk replacers market is likely to register a CAGR of 7.5% during the forecast period, and is anticipated to reach a market share of US$ 7.25 Bn in 2032.
Alpha-lactalbumin Market Volume: The alpha-lactalbumin market is projected to register a CAGR of 7.5% during the forecast period, up from US$ 567 Mn in 2021 to reach a valuation of US$ 1.25 Bn by 2032.
Fishmeal & Fish Oil Market Forecast: Demand for fishmeal and fish oil is expected to grow at 6.0% CAGR, boosting the overall consumption to USD 12 Bn over the assessment period, from 2022 to 2032.
Pulse Ingredients Market Outlook: Newly released data from pulse ingredient market analysis by Future Market Insights shows that the global market size is estimated to be USD 27 Billion by 2032.
Almond Ingredients Market Analysis: Future Market Insights finds that the global almond ingredients market is set to be valued at USD 9 Billion in 2022.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/processed-fruits-and-vegetables-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
