Processed Fruits and Vegetables Market Size - By Type (Fruits, Vegetables), By Product (Fresh, Fresh-cut, Canned, Frozen, Drying & Dehydration), By Processing Equipment (Pre-Processing, Processing, Washing, Filling, Seasoning, Packaging) & Forecast, 2024-2032

Processed Fruits and Vegetables Market Size

Processed Fruits and Vegetables Market size valued at USD 352.6 billion in 2023 and is projected to witness a 6.7% CAGR from 2024 to 2032. The increasing consumer demand for convenient, nutritious, and long-lasting food products is a key driver of this market expansion. Processed fruits and vegetables, including frozen, canned, and dried varieties, offer extended shelf life and ease of use, catering to the fast-paced lifestyles of modern consumers. According to the Food and Agriculture Organization (FAO), the global production of processed fruits and vegetables has increased by 3% annually over the past decade.
 

Additionally, advancements in food processing technologies and packaging innovations enhance product quality and sustainability, further boosting market growth. The rising focus on health and wellness, in line with the growing popularity of plant-based diets, further contributes to the surging demand for processed fruits and vegetables globally. A report by the Plant-Based Foods Association (PBFA) noted a 27% increase in plant-based food sales in 2023, underscoring this trend.
 

The processed fruits and vegetables market will grow substantially, driven by the increasing consumer preference for ready-to-eat and easy-to-prepare food products. Busy lifestyles and the growing working population fuel the demand for convenient meal options, propelling the market for processed fruits and vegetables.  
 

Against this backdrop, in February 2022, the Production Linked Incentive Scheme for the Food Processing Industry (PLISFPI) was established under the "AatmaNirbhar Bharat Abhiyaan" to boost India's manufacturing capabilities and increase exports, with a budget allocation of Rs 10,900 crore, as informed to the Parliament on Friday. The scheme is structured into three main components, with the first focusing on providing incentives for the production of key food segments, namely ready-to-cook/ready-to-eat (RTC/RTE) products, millet-based foods, processed fruits and vegetables, marine products, and mozzarella cheese.
 

However, challenges such as the high cost of processing and packaging technologies and concerns about losing nutritional value during processing may hinder market growth. Additionally, stringent regulations regarding food safety and quality standards can challenge market players, potentially slowing down product innovation and market expansion.
 

Processed Fruits and vegetables Market Trends

The market is witnessing robust growth owing to the increasing adoption of advanced processing technologies that preserve the nutritional content of fruits and vegetables while extending their shelf life. Trends such as the rising popularity of organic and minimally processed foods are gaining traction as consumers become more health-conscious.
 

For instance, a report by the Organic Trade Association noted a 12% increase in organic food sales in 2023. Furthermore, the demand for frozen and pre-cut fruits and vegetables is surging due to the convenience they offer. According to a survey by the Food Marketing Institute, 70% of consumers prefer pre-cut fruits and vegetables for convenience. The market is also benefiting from innovations in packaging, such as vacuum sealing and modified atmosphere packaging, which help maintain freshness and quality.
 

Processed Fruits and Vegetables Market Analysis

The fruits segment in the processed fruits and vegetables industry was valued at over USD 147 billion in 2023, driven by the rising demand for products such as fruit purees, juices, and dried fruits. The increasing popularity of smoothies, fruit-based snacks, and healthy beverages is contributing to the growth of this segment. Additionally, the fruit segment is benefiting from the trend towards plant-based diets and the rising awareness of the health benefits of consuming fruits. Processed fruits offer convenience and extended shelf life, making them an attractive option for consumers seeking healthy and convenient food choices.
 

The fresh processed fruits and vegetables segment accounted for over USD 99 billion in 2023 and will maintain its growth trajectory through 2032. Consumers are increasingly seeking fresh yet convenient options that offer the taste and nutritional benefits of whole fruits and vegetables without the hassle of preparation. This segment includes products such as pre-washed, pre-cut, and packaged fruits and vegetables that are ready to eat or cook. The growing demand for healthy and time-saving food options is driving the expansion of the fresh processed segment, particularly in urban areas where consumers have limited time for meal preparation.
 

The processed fruits and vegetables market from pre-processing equipment segment surpassed USD 73 billion in 2023 and will register substantial growth through 2032, driven by the increasing need for efficient and high-capacity equipment in the food processing industry. Pre-processing equipment includes machines used for washing, peeling, cutting, and blanching fruits and vegetables before further processing. As demand for processed fruits and vegetables grows, food manufacturers are investing in advanced pre-processing equipment that enhances efficiency and reduces waste. Innovations in pre-processing technology, such as automated systems and precision cutting tools, are also contributing to the expansion of this segment.
 

Asia Pacific processed fruits and vegetables market exceeded USD 178 billion in 2023 and will exhibit over 7.2% CAGR through 2032, driven by the region's large population, rising disposable incomes, and increasing demand for convenient food options. Countries such as China, India, and Japan are witnessing rapid urbanization and lifestyle changes, leading to a growing preference for processed and packaged foods. The expanding middle-class population and the rising popularity of Western-style diets are further boosting the demand for processed fruits and vegetables in the region. Additionally, the presence of a large number of food processing companies and favorable government policies supporting the food industry are contributing to market growth in Asia Pacific.
 

Processed Fruits and Vegetables Market Share

These companies are focusing on expanding their product portfolios, investing in advanced processing technologies, and enhancing their distribution networks to strengthen their market presence. Strategic partnerships, mergers, and acquisitions are also being pursued to gain a competitive edge.
 

Processed Fruits and Vegetables Market Companies

The competitive landscape of the processed fruits and vegetables industry includes leading companies such as

• OLAM International
• Jr. Simplot
• Ardo
• U.S. Foods
• Kroger
• SVZ International
• Dole Foods
• Total Produce
• Bonduelle
• Agrana
• Sysco Corporation
   

Processed Fruits and Vegetables Industry News

• In March 2023, Dole Packaged Foods revealed its intention to expedite its transition into a 'purpose-driven, nutrition and wellness company.' As part of this transformation, the U.S.-based fruit and vegetable company plans to introduce 11 new products throughout 2023.
   
• In August 2022, Dole Packaged Foods, LLC introduced Dole Boosted Blends Berry Spark, a smoothie crafted with a unique combination of nutrient-rich ingredients designed to promote brain and cognitive health.
   

The processed fruits and vegetables market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Million Tons and revenue in USD Million from 2021 to 2032 for the following segments:

Click here to Buy Section of this Report

Market, By Type

• Fruits
• Vegetable

Market, By Product

• Fresh
• Fresh-Cut
• Canned
• Frozen
• Drying & Dehydration

Market, By Processing Equipment

• Pre-processing
• Processing
• Washing
• Filling
• Seasoning
• Packaging

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA