Processed Fruits And Vegetables Market Research Report By Product Type (Frozen Fruits and Vegetables, Canned Fruits and Vegetables, Dried Fruits and Vegetables, Juices and Smoothies, Soups and Sauces), By Packaging Type (Metal Cans, Glass Jars, Plastic Containers, Aseptic Packaging, Bulk Packaging), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Foodservice, Direct-to-Consumer), By Preservation Method (Freezing, Canning, Drying, Vacuum Packing, Modified Atmosphere Packaging) and By Regional (No

Global Processed Fruits And Vegetables Market Overview

Processed Fruits And Vegetables Market Size was estimated at 489.7 (USD Billion) in 2022. The Processed Fruits And Vegetables Industry is expected to grow from 519.57(USD Billion) in 2023 to 885.0 (USD Billion) by 2032. The Processed Fruits And Vegetables Market CAGR (growth rate) is expected to be around 6.1% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Processed Fruits And Vegetables Market Trends Highlighted

The main market factors for the growth of the Processed Fruits and Vegetables Market are changing eating habits with health consciousness, rising demand for convenient foods, and growing trends in vegetarian diets. The need for on-the-go food is driving the growth of processed fruits and vegetables as more consumers are looking for convenient and healthy food options. Health awareness among individuals has made consumers search for healthier options, and this has led to more use of processed fruits and vegetables. Further, the increased adoption of plant-based diets has increased the demand for plant-based processed foods for substitute meat. There have been recent market endeavors like the use of eco-friendly packaging, new processing methods and new ways of selling, such as online shops.

Processed Fruits And Vegetables Market Drivers

Rising Health Consciousness and Demand for Convenience

Consumers are becoming increasingly health-conscious and are seeking out convenient and nutritious food options. Processed fruits and vegetables offer a convenient and affordable way to meet these needs. They are a good source of vitamins, minerals, and fiber, and can help reduce the risk of chronic diseases such as heart disease, stroke, and cancer. The growing demand for convenience is also driving the growth of the processed fruits and vegetables market, as consumers are increasingly looking for quick and easy meal options.

Growing Population and Urbanization

The world's population is increasing at a very high rate, and at the same time, the speed of urbanization is also increasing. Due to this reason, demand for processed fruits and vegetables is increasing. With the increase in the number of people living in urban areas, people are being engaged in many activities and they do not have sufficient time to cook. So, they are fully dependent on ready-to-use processed fruits and vegetables to meet their increasing demands.Processed fruits and vegetables are very convenient and are an affordable way to feed the world’s booming and urbanizing population.

Technological Advancements

The processed fruits and vegetables sector is also growing due to the advancements in technology. New technologies are now available that make it cheaper and easier to produce processed fruits and vegetables. As a result, these products are becoming cheaper, which makes them more accessible to the public. Furthermore, new technologies have now become available that make it possible to produce new types of processed fruits and vegetables.

Processed Fruits And Vegetables Market Segment Insights

Processed Fruits And Vegetables Market Product Type Insights

The Processed Fruits And Vegetables Market is segmented by product type into frozen fruits and vegetables, canned fruits and vegetables, dried fruits and vegetables, juices and smoothies, and soups and sauces. Among these, frozen fruits and vegetables held the largest market share in 2023, with a revenue of USD 185.4 billion. The high demand for frozen fruits and vegetables can be attributed to their convenience, as they can be stored for extended periods and used as needed. Additionally, frozen fruits and vegetables retain their nutritional value and flavor well, making them a healthy and convenient option for consumers.The canned fruits and vegetables segment is expected to grow at a CAGR of 5.8% during the forecast period, reaching a market value of USD 130.5 billion by 2032. Canned fruits and vegetables are a popular choice for consumers due to their long shelf life and affordability. They are also a convenient option for use in various recipes and dishes. Dried fruits and vegetables are expected to witness significant growth over the forecast period, with a CAGR of 6.3%. The growing popularity of dried fruits and vegetables as healthy snacks and ingredients in various food products is driving the growth of this segment.Dried fruits and vegetables are a rich source of fiber, vitamins, and minerals, making them a nutritious and convenient option for consumers. The juices and smoothies segment is projected to grow at a CAGR of 5.6% during the forecast period, reaching a market value of USD 125.6 billion by 2032. The increasing demand for healthy and convenient food and beverage options is fueling the growth of this segment. Juices and smoothies are a popular choice for consumers due to their convenience and nutritional value. The soups and sauces segment is expected to grow at a CAGR of 5.5% during the forecast period, reaching a market value of USD 115.2 billion by 2032.The growing popularity of soups and sauces as convenient and flavorful meal options is driving the growth of this segment. Soups and sauces are a versatile food product that can be used in various dishes and cuisines.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Processed Fruits And Vegetables Market Packaging Type Insights

The Packaging Type segment of the Processed Fruits And Vegetables Market will demonstrate significant growth in the coming years. This trend is a result of the growing demand for convenient and shelf-stable products. Meanwhile, Metal Cans will continue to lead in the segment due to their durability and low cost. The consumption of processed fruits and vegetables stored in Glass Jars will also climb steadily. The latter packaging type is appealing to customers, as it offers a premium feel to the products while being relatively cheap for manufacturers.However, many will also become regular users of Plastic Containers due to their light weight and the fact that they are shatterproof. The popularity of Aseptic Packaging will also increase in the coming years. This packaging type allows for a long shelf-life of up to twelve months and reduces risks of the products getting spoiled. However, Bulk Packaging will remain a largely niche segment, applied only in cases when products are processed for industrial or large-scale commercial needs. Conclusively, by 2023 the Processed Fruits And Vegetables Market will generate around USD 250 billion in revenues from the Packaging Type segment.Then, during the forecasted decade, the segment will demonstrate a CAGR of 5.5% and will come up to a net worth of USD 350 billion by 2033.

Processed Fruits And Vegetables Market Distribution Channel Insights

The distribution channel segment plays a crucial role in the Processed Fruits And Vegetables Market. Supermarkets and hypermarkets account for a significant share of the market, driven by their wide product offerings, convenience, and accessibility. In 2023, the Processed Fruits And Vegetables Market revenue through supermarkets and hypermarkets is estimated to be around USD 250 billion. Convenience stores are another important channel, particularly for impulse purchases and quick meals. Online retailers have gained traction in recent years, offering a wider selection and doorstep delivery.The foodservice channel caters to the demand from restaurants, hotels, and other foodservice establishments. Direct-to-consumer channels, such as farmers' markets and online subscription services, are becoming increasingly popular, allowing consumers to connect directly with producers. The Processed Fruits And Vegetables Market segmentation data indicates that the distribution channel segment is expected to grow at a CAGR of 4.5% from 2024 to 2032, with the increasing penetration of modern retail and the growing popularity of online shopping driving the market growth.

Processed Fruits And Vegetables Market Preservation Method Insights

The Processed Fruits And Vegetables Market segmentation by Preservation Method comprises Freezing, Canning, Drying, Vacuum Packing, and Modified Atmosphere Packaging. Among these, Canning held the largest revenue share in 2023, and is expected to maintain its dominance throughout the forecast period. The growth of the Canning segment can be attributed to the increasing demand for shelf-stable and convenient food products. Freezing is projected to be the fastest-growing segment during the forecast period, owing to the rising consumer preference for frozen fruits and vegetables due to their nutritional content and ease of use.Drying is another significant segment, driven by the growing popularity of dried fruits and vegetables as healthy snacks and ingredients. Vacuum Packing and Modified Atmosphere Packaging are also gaining traction due to their ability to extend product shelf life and maintain freshness. This growth can be attributed to the increasing demand for processed fruits and vegetables due to their convenience, longer shelf life, and nutritional value.

Processed Fruits And Vegetables Market Regional Insights

The regional segmentation of the Processed Fruits And Vegetables Market presents diverse market dynamics and growth opportunities. North America holds a significant market share due to the high consumption of processed fruits and vegetables, particularly in the United States and Canada. Europe follows closely, driven by the growing health consciousness and convenience-oriented lifestyle. APAC is projected to witness the fastest growth, fueled by rising disposable income and increasing urbanization in countries like China and India. South America and MEA also offer potential growth opportunities, as the demand for processed fruits and vegetables is expected to rise with the expanding population and economic development.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Processed Fruits And Vegetables Market Key Players And Competitive Insights

Leading players in the processed fruits and vegetables market seek to enhance their share of the competitive landscape by investing in research and innovation development. Moreover, such companies are driven by the need to introduce new products and enhance their product ranges. More specifically, the production of new products, such as fruit and vegetable juices, smoothies, and frozen fruits and vegetables, is expected to drive the market growth.

Dole is a major supplier of fresh produce, including processed fruits and vegetables. The company is present in more than 100 countries and operates a system of farms, packing houses, and deliveries. Dole’s product ranges in the Processed Fruits And Vegetables market include canned fruits, the company’s extensive range of frozen fruits and vegetables, and fruit juices. Their commitment to sustainability, innovation, and enhanced performance has continued to distinguish the company as a market leader.

Nestlé remains a major multinational manufacturer of food and beverages with significant interests in the processed fruits and Vegetable market. Nestlé produces a broad range of frozen fruits and vegetables for the market. Its canned fruits are positioned strongly and are regularly consumed. In addition, the company produces fruit juices. As a market leader, Nestlé’s performance in the Processed Fruits And Vegetables Market industry has been driven by its strong brand presence and its international distribution network that integrates research and innovation. Moreover, their recent commitment to the health and wellness of their customers supports the expected growth in the Processed Fruits And Vegetables market.

Key Companies in the Processed Fruits And Vegetables Market Include

• Nomad Foods


• Campbell Soup Company


• Unilever


• Nestlé


• Danone


• Kellogg Company


• General Mills


• McCain Foods


• PepsiCo


• Conagra Brands


• Mars


• Bellisio Foods


• Kraft Heinz

Processed Fruits And Vegetables Market Industry Developments

The Processed Fruits and Vegetables market is projected to expand significantly in the coming years. In 2023, the market was valued at USD 532.4 billion and is expected to reach USD 885.0 billion by 2032, exhibiting a CAGR of 6.1%. This growth is attributed to increasing consumer demand for processed fruits and vegetables, driven by rising health consciousness, convenience, and urbanization. The Asia-Pacific region is anticipated to dominate the market, with China and India being major contributors. Key industry trends include the adoption of advanced technologies for processing and packaging, the development of innovative products, and strategic collaborations among market players. Recent news developments in the market include the acquisition of Campbell Soup Company by Kraft Heinz and the launch of new product lines by major players such as Nestlé and Unilever.

Processed Fruits And Vegetables Market Segmentation Insights

Processed Fruits And Vegetables Market Product Type Outlook

Frozen Fruits and Vegetables

Canned Fruits and Vegetables

Dried Fruits and Vegetables

Juices and Smoothies

Soups and Sauces

Processed Fruits And Vegetables Market Packaging Type Outlook

Metal Cans

Glass Jars

Plastic Containers

Aseptic Packaging

Bulk Packaging

Processed Fruits And Vegetables Market Distribution Channel Outlook

Supermarkets and Hypermarkets

Convenience Stores

Online Retailers

Foodservice

Direct-to-Consumer

Processed Fruits And Vegetables Market Preservation Method Outlook

Freezing

Canning

Drying

Vacuum Packing

Modified Atmosphere Packaging

Processed Fruits And Vegetables Market Regional Outlook

North America

Europe

South America

Asia Pacific

Middle East and Africa