Fruit Processing Market Size to Reach at Demographic, Geographic Segment by 2027
Fruit processing is
defined as a procedure useful for single-serving packages of preservative-free
fruit items that are meant to be consumed immediately. A new report on the
global Fruit Processing Market Size, published by Market Research Future
(MRFR), predicts growth for this market during the review period (2017-2023).
The exigent market
driver for the global Fruit Processing Market Size growth is increasing demand
as well as the popularity of ready-to-eat food products in both developed as
well as developing nations. Government of developing economies support small
& medium enterprises (SMEs) that are into the business of fruit processing,
by providing different loan facilities at lower interest rates. The government
also helps SMEs to build the necessary infrastructure. Other drivers enabling
the global Fruit Processing Market Size growth include changing lifestyles of the
consumers, increasing health-consciousness, rising per capita income, and,
subsequently, the increasing purchasing power of consumers. The fruit-based
diet is being preferred by health-conscious consumers.
Key
Players
Big
players in the global Fruit Processing Market Size are ConAgra Foods Inc.
(USA), Del Monte Foods Inc. (Singapore), Dole Food Company Inc. (USA), Gourmet
Foods International (USA), The Kroger Company (USA), Nestle S.A. (Switzerland),
and Safeway Inc. (USA).
Market Segmentation:
The global Fruit Processing Market Size
segmentation encompasses operation type, processing equipment type, and product
type. MRFR’s research on the market highlights many factors of the market
in-depth.
Based on operation type, this market has been
segmented into automatic and semi-automatic. The automatic segment has a larger
market share due to innovation in technology.
Regarding processing equipment type, the market has
been segmented into pre-processing equipment, processing equipment, washing
& dewatering equipment, filling equipment, seasoning equipment, and packaging
equipment. Among all, the packaging equipment type is expected to witness
higher growth rate during the forecast period.
In the context of product type, the market has been
segmented into canned, dried, fresh, fresh-cut, frozen, and others. Among the
segments, fresh processed fruits hold the largest market share, whereas the
second largest market share is held by frozen fruits due to the increasing
demand for convenient food items.
Access Report @ https://www.marketresearchfuture.com/reports/fruit-processing-market-2800
Regional Analysis
A geographical outlining of the global Fruit
Processing Market Size covers North America, Asia Pacific, Europe, and Rest-of-the-World
(RoW).
North America holds the major market share due to the
presence of key market players, health-consciousness as well as awareness among
consumers, and high purchasing power of consumers. To stay fit, many consumers
prefer the fruit-based diet as much as possible. The USA, Canada, and Mexico
generate significant market revenue in this region.
In Europe, the demand, as well as the market for
canned and processed fruits, can grow during the forecast period. In European
countries, consumers have high purchasing power, and they are health-conscious
too. Countries that generate the highest revenue in this region are France,
Germany, Italy, Spain, and the UK. The survey of the remaining countries in
Europe featured in this report counts additional market revenue from these
countries.
The Asia Pacific region can witness the highest
market growth during the forecast period due to the presence of developing
economies like China, India, and many Southeast Asian countries. Holding over
one-third of the Asia Pacific Fruit Processing Market Size makes China the
largest market in this region. India exports fruits to many countries in the
Asia Pacific region as well as outside this region. Such countries include
Bangladesh, Malaysia, Nepal, the Netherlands, Pakistan, Saudi Arabia, Sri
Lanka, UAE, and the UK. Other significant markets in this region are Australia
and Japan. An in-depth analysis of the remaining countries in the Asia Pacific
region featured in this report can contribute to the overall market size.
The RoW segment covers Argentina, Brazil, Egypt,
Saudi Arabia, South Africa, and other uncategorized regions and countries. In
Saudi Arabia is small due to many restrictions of government. However, the
market can increase due to fruit exports in this country as Argentina and
Brazil can become good markets due to stable economies. In South Africa, the
market is low, but it can grow as the economy of this country is more stable
compared to other countries in Africa.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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