Fruit and Vegetable Processing Industry Report: Worth, Share, and Future Trends (2023-2029)


Fruit & Vegetable Processing Market size was valued at US$ 338.73 Bn. in 2022 and the total revenue is expected to grow at 7.8% through 2023 to 2029, reaching nearly US$ 573.05 Bn.

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The Fruit and Vegetable Processing Industry is expanding rapidly due to rising demand for convenience foods, longer shelf-life products, and growing health consciousness among consumers.

Market Overview

  • Market Size (2023): Estimated at USD 320 billion

  • Projected Growth: Expected to reach USD 500 billion by 2030, with a CAGR of 6.5% from 2024 to 2030.

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Market Growth Opportunities

  1. Technological Advancements – Innovations in freezing, canning, and drying processes are improving product quality and shelf life.

  2. Rising Demand for Ready-to-Eat Foods – Increasing urbanization and busy lifestyles are driving the need for processed fruits and vegetables.

  3. Sustainability Organic Processing – Growing consumer preference for organic and minimally processed foods is influencing the industry.

Regional Analysis

  • North America: High demand for processed foods and beverages, with major players investing in automation and sustainability.

  • Europe: Strong focus on organic and clean-label products, especially in Germany, France, and the UK.

  • Asia-Pacific: The fastest-growing market, led by China and India, due to increasing disposable income and urbanization.

Read the full report here: https://www.maximizemarketresearch.com/market-report/global-fruit-vegetable-processing-market/115390/ 

Recent Mergers Acquisitions

  1. A leading food processing company acquired a fruit processing startup to expand its product line.

  2. A multinational beverage brand partnered with a vegetable processing firm to introduce new juice blends.

  3. A major frozen food manufacturer merged with a regional supplier to enhance distribution capabilities.

The market is set for continuous growth, driven by evolving consumer preferences and advancements in processing technologies.

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