Global Fruit & Vegetables Processing
The Global Fruit and Vegetables Processing industry has grown at a steady rate over the past five years. Demand in developed economies for processed fruits and vegetables has grown slowly over this period, as consumer spending has increased following a large decline during the recession in 2009 and ensuing Eurozone crisis. Industry revenue is expected to expand at an even faster annualized rate over the next five years, as consumption of industry products continues to increase.
Operators in this industry process fresh fruit and vegetables into canned, bottled, preserved, frozen, dried (except sun-dried) or otherwise processed or preserved food products for human consumption. The industry also blends salt, sugar, preservatives and other ingredients with fruits and vegetables to make consumer food products. This industry does not include producers of wine (IBISWorld report C1123-GL) or vegetable cooking oils.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
H. J. Heinz Company