Fruit Processing Market Outlook and Global Foresight to 2023

Market Scenario:

Global fruit processing market growth has been influenced by ready-to-eat food products, especially in the developed and developing nations in the recent years. The changing lifestyles of the consumers and increasing per capita income is anticipated to fuel the sales of fruit processing products. Rising growth of food industry in the developed nations is taken into account to be the major reasons for the increasing growth of fruit processing market. Moreover, governments of the developing economies are supportive of the small and medium enterprises by providing different loan facilities in lower interest rates, and also has helped to build necessary infrastructure. This factor will play a major role to boost the market growth in developing countries.

Fruit processing is mainly used for single-serving packages of preservative-free fruit items that are meant to be consumed immediately Fruit processing involves various stages which include primary process, secondary process, procurement & transportation, wholesale trade, and retailing. Cold chain industry is witnessing a good growth over the last decade in developed economies, and it is continuously growing within the developing nations that will successively escalate the demand of the processed fruits during the forecast period.

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Top Key Players:

Some of the key players profiled in the global fruit processing market: ConAgra Foods, Inc. (U.S.), Del Monte Foods, Inc. (Singapore), Nestle S.A. (Switzerland), Dole Food Company, Inc. (U.S.), The Kroger Company (U.S.), Gourmet Foods International (U.S.), Safeway, Inc. (U.S.)   

Key Findings:

Europe region will witness high demand for canned, processed fruits in upcoming years.

The major destinations for Indian processed fruits are UAE, Bangladesh, Malaysia, the Netherlands, Sri Lanka, Nepal, U.K, Saudi Arabia, Pakistan, and

Intended Audience:

  • Fruit manufacturers
  • Foods processing industry
  • Packaging Industry
  • Agriculture Industry
  • Raw material suppliers
  • Traders, importers, and exporters

Segments:

The global fruit processing market is segmented into type, form, and packaging.

On the basis of the type, it is segmented into fresh, fresh cut, canned, frozen, dried, and others. Among all, the fresh processed fruits dominate the market followed by frozen fruits owing to increasing demand for convenient food items.

On the basis of the processing equipment type, it is segmented into pre-processing, processing, washing & dewatering, filling, seasoning, packaging. Among all, the packaging equipment type will witness a higher growth rate compared to others.

On the basis of the operation type, it is segmented into automatic and semi-automatic in which the automatic segment is dominating the market due to innovation in technology.
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Regional Analysis:

North America is accounting the major market share within the global fruit process market in the year of 2018.  However, Asia Pacific region is the highest growing region as compare to the other regions. Presence of various developing economies in Asia Pacific like India, China, and Southeast Asian countries is anticipated to equate to an enormous demand within the global fruit process market throughout the forecast period. China holds over one-third of the Asia Pacific fruit processing market in the year of 2018. Technology advancement of fruit processing is creating numerous opportunities for processed fruits manufacturers.