Global Fruit & Vegetables Processing
The Global Fruit and Vegetables Processing industry has experienced consistent demand over the five years to 2017, as economies of every size continue to consume processed fruits and vegetable products and consumer spending increases. Demand has grown particularly fast in developing economies, as industrial growth has translated into greater urbanization, higher per capita incomes and expansion in the size of the middle class. As the global middle class has grown, it has demanded larger quantities of higher quality and more diverse food. Over the five years to 2022, industry revenue is expected to expand.Industry demand is expected to increase as producers focus on nutritious ingredients and less invasive processing techniques to keep products as organic as possible.
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.