US Tomato Processing Market

• Growing tomato cultivation and growing preference for fast food, especially by the young generation, is driving the market growth

The rise in awareness regarding the nutritional value of vegetables, including tomatoes, has led to an increase in their consumption to fulfill diverse dietary needs. This surge in demand has prompted growth in production and acreage to meet market needs alongside attractive pricing. Contracted production for California processing tomatoes is projected at 12.9 million tons, averaging 50.8 tons per acre, marking a 23% increase from last year's production and a 2% rise from the May forecast. The expected harvested acreage for tomatoes grown under contract is 254,000 acres, reflecting a 13% increase from 2022.

In 2022, Mexico supplied over 1.81 million metric tons (MMT) of tomatoes to the United States, dominating about 91% of the tomato import market, with Canada and various other Latin American suppliers accounting for the remainder. Conversely, the United States imports nearly all of Mexico's exportable fresh tomatoes, with Mexican imports of U.S. fresh tomatoes totaling just 1,456 metric tons in 2022.

The rise of greenhouse tomato production is propelling the market CAGR. This method enables producers to cultivate fresh tomatoes within controlled structures, often employing climate control techniques and alternative soil methods. This approach has led to higher yields per acre and empowered growers to sustain year-round production more effectively. Therefore, the market is expanding due to the Growing Tomato Cultivation and Acreage and the growing preference for fast food, especially by the young generation. Thus, driving the United States Tomato Processing market revenue.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Tomato Processing market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the United States Tomato Processing market must offer cost-effective items.

Major players in the United States Tomato Processing market are attempting to increase market demand by investing massively to create advanced robots with enhanced capabilities, including The Morning Star Company, COFCO Tunhe Tomato Co., Ltd., Xinjiang Chalkis Company Ltd, Ingomar Packing Co, ConAgra Brands, Inc, Olam International, Los Gatos Tomato Products, Campbell Soup Company, Toma-Tek (Neil Jones Food Company), Stanislaus Food Products.