NEWARK, Del, 06 Jul. 2022 (GLOBE NEWSWIRE) — According to an IMF report, sales of processed fruits and vegetables are expected to surpass a value of US DOLLARS$ 539.8 Bnot in 2032, increasing at a CAGR of approximately 7.1% until the end of 2032.

The increase is attributed to the low processing of the product and its high nutritional value. Manufacturers are changing processed fruit and vegetable market trends by using a variety of packaging solutions to retain the freshness of fresh fruits and vegetables. The use of edible coatings and modified atmosphere packaging (MAP) to extend the shelf life of fresh cut fruits and vegetables is becoming more common.

According to the analysis of the processed fruits and vegetables market, there has been an increased interest in the creation and manufacture of meat alternatives in recent years. By 2030, the global herbal alternatives market is projected to be worth $85 million.

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The demand for beef and dairy products in the United States is also expected to decrease by 80-90% by 2035. Due to their better functioning and improved nutritional composition, which can lead to improved texture and flavor , fruits and fruit products are attracting the attention of plant-based food manufacturers. This has significantly changed the market outlook for processed fruits and vegetables.

Additionally, the COVID-19 pandemic has improved the adoption rate of processed fruits and vegetables as they are well suited for living in quarantine and are considered both inexpensive and nutritious.

The dried fruit market has been boosted by the increased demand for processed fruits and vegetables in various parts of the world. The dried fruit market is driven by a shift in consumer choice for healthy and nutritious foods due to the rise in obesity and an aging population.

Additionally, the growing demand for dried fruits has been driven by the increased acceptance of healthy packaged foods and the widespread use of dried fruits in the dairy, snack food, confectionery and bakery industries, thereby increasing the growth of the processed fruit and vegetable market.

Main takeaways from the Processed fruits and vegetables Market research:

• The United States is estimated to represent more than 60% of the North American processed fruit and vegetable market in 2022.
• Until 2026, Latin America is expected to grow at a healthy pace 7.1% compound annual growth rate (CAGR).
• Growing urbanization and accompanying lifestyle changes driven by greater consumer health awareness are primarily responsible for regional growth in the United States.
• Foods are cooked at a precise and controlled temperature during the canning process to destroy enzymes and eliminate the risk of food spoilage and disease, thereby driving the rapid growth of the canned processed fruits and vegetables market segment.
• Filling processing equipment industry is expected to exceed USD 38.6 billion by 2027, driven by technological developments such as increased production speed, reduced labor requirements and reliability automated to maintain product quality.

“Major market players invest heavily in R&D in order to introduce new products and gain a competitive edge. Companies are also pursuing tactics such as collaboration, acquisitions, mergers and partnerships in order to expand their customer base and increase their revenue.” says a track analyst at MFI.

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Who wins?

The major players operating in the global processed fruits and vegetables market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing and promotion activities, capacity building distribution channels and the adoption of sustainable production. The technology is also proving to be a great support for the growth of the processed fruits and vegetables market demand in the coming years.

For example, Sorma Group developed the HyperVision platform in January 2021, a state-of-the-art multi-wavelength lighting solution that offers exceptional fruit sorting and a high level of efficiency. It has the ability to analyze up to 15 fruits per second.

Get valuable insights into Processed fruits and vegetables Market

IMF, in its new offering, provides an unbiased analysis of processed fruits and vegetables featuring historical demand data (2017-2022) and forecast statistics for the period (2022-2032). The study discloses compelling information on the demand for processed fruits and vegetables by type (vegetables and fruits), by processing equipment (processing, pre-treatment, seasoning, washing, filling, packaging), by product (fresh, canned, fresh -cutting, drying & dehydrating, frozen) in five major regions.

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Processed fruits and vegetables market by category

By type:

By processing equipment:

• Treatment
• Pre-treatment
• seasoning
• Washing
• Filling
• Packaging

By product:

• Costs
• Canned
• fresh cut
• Drying & Dehydration
• Frozen

By region:

• North America
• Latin America
• Europe
• Asia Pacific
• AEM

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Contents

1. Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis of the technology roadmap

1.5. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

3. Market context

3.1. Market dynamics

3.1.1. Drivers

3.1.2. Constraints

3.1.3. Opportunity

3.1.4. Tendencies

3.2. Scenario forecast

3.2.1. Demand in the optimistic scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in the conservative scenario

3.3. Product launches and recent developments

3.4. Product life cycle analysis

To continue Knock…

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