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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.
OLAM International, Jr. Simplot, Ardo, U.S. Foods, Kroger, SVZ International, Dole Foods, Total Produce, Bonduelle, Agrana, and Sysco Corporation, are some of the major processed fruits and vegetables companies worldwide.
Asia Pacific market and is expected to register 7.2% CAGR from 2024-2032, attributed to large population, rising disposable incomes, and increasing demand for convenient food options in the region.
The fresh processed fruits and vegetables segment reached USD 99 billion by 2023, owing to consumers increasingly seeking fresh yet convenient options that offer both taste and nutrition.
The market size of processed fruits and vegetables reached USD 352.6 billion in 2023 and is set to register 6.7% CAGR from 2024-2032, due to the increasing consumer demand for convenient, nutritious, and long-lasting food products worldwide.