The market assessment report titled ‘Processed Fruits & Vegetables Market Size, By Type (Fruits, Vegetables), By Product (Fresh, Fresh-cut {Fruit Mix, Apples, Mangoes, Trays, Pineapples, Bananas, Melons}, Canned, Frozen, Drying & Dehydration), By Processing Equipment (Pre-processing, Processing, Washing, Filling, Seasoning, Packaging), Industry Analysis Report, Regional Outlook, Covid-19 Impact Analysis, Growth Potential, Price Trend, Competitive Market, 2021 – 2027’, available with MarketStudyReport, processed fruits & vegetables market is slated to progress considerably through 2027.

Surging consumer demand for organic fruits and vegetables is a primary factor propelling processed fruits and vegetables market growth.

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Further, since the outbreak of the Covid-19 pandemic, there is a gradual shift in customer preference towards healthy and nutritious food, which is likely to have a positive impact on the growth trajectory of the industry in the forthcoming years.

Based on product type, the fresh-cut fruit mix segment is expected to witness a steady growth rate of 6.9% through the analysis timeframe. Meanwhile, the fresh cut mango segment is likely to record a CAGR of 7.7% through 2027. 

On the other hand, the canned segment is slated to garner a sizable valuation of USD 22 billion by 2027, attributable to busy lifestyles of consumers, and improved shelf like of canned food. The frozen segment is reckoned to grow at 5.5% CAGR over the analysis period, owing to improvements in freezing technologies and cold storage facilities.

With respect to processing equipment, the pre-processing equipment segment is expected to account for 20% share in processed fruits & vegetables industry by the end of the forecast period, as these equipment types enable faster cooling of fresh fruits and vegetables thereby delaying the deterioration stage. 

Meanwhile, the seasoning segment is expected to amass a valuation of USD 18 billion by 2027, on account of their ability to optimize the quality & efficiency of final vegetable & fruit products.

From a regional frame of reference, Latin America market is estimated to garner USD 40 billion by 2027, creditable to increasing consumer inclination towards a healthier lifestyle. Meanwhile Middle East & Africa industry is anticipated to record a CAGR of 6.5% over the assessment timeframe, considering the penetration of systematized retail outlets and online shopping platforms in the region.

Major players in processed fruits & vegetables marketplace are U.S. foods Inc., The J.R. Simplot Company, General Mills Inc., Olam International, The Kroger Company, Greencore Group plc, Sysco Corporation, The Archer-Daniels-Midland Company, SVZ International B.V., Albertsons Companies Inc., Kraft Heinz Company, B&G Foods, Conagra Brands Inc., Nestle S.A., Ardo N.V., ARGANA Co. Ltd., and Dole Food Company Inc.