Fruits & Vegetables Processing Equipment Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.77 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Fruits & Vegetables Processing Equipment Market Analysis
The global fruit & vegetable Processing Equipment Market is projected to grow at a CAGR of 5.77% during the forecast period (2020-2025).
- Thefruits & vegetable processing equipment marketis expected to grow at a significant rate during the forecasted period, globally. The demand for this market is mainly driven by rapidly growing health awareness among consumers, and increased demand for packaged food & ready-to-drink beverages or products, which requires lesser preparations.
- Moreover, increased demand for frozen and fresh-cut fruits & vegetable, and growing consumption of exotic fruits are also expected to increase the demand for fruits & vegetable processing equipment as processing helps in increasing the shelf life of products, which, in turn, leads to increased trade
Fruits & Vegetables Processing Equipment Market Trends
This section covers the major market trends shaping the Fruit & Vegetable Processing Equipment Market according to our research experts:
Growing Demand for Convenience Foods
The increase in health consciousness among consumers and the growing vegetarian population is expected to drive the demand for the fruits & vegetable market in the forthcoming years. Furthermore, the increase in innovations and technological advancements in the processing equipment industry is expected to drive this market during the forecast period. Moreover, the growing number of supermarkets and hypermarkets that offer value-added fruits in emerging markets such as India, Brazil, Argentina, and East European countries also drives the growth of the fruits segment in the fruit & vegetable processing market.
Asia-Pacific Holds Significant Market Share
Asia Pacific region is expected to grow at the fastest rate in the global fruit & vegetable processing equipment market during 2019. Southeast Asian countries, such as China, India, Indonesia, and others provide growth opportunities to the fruit & vegetable processing equipment market. Factors, such as the rising disposable income of the people, increased demand for packaged and frozen fruits & vegetables, rapidly growing chains of supermarkets and hypermarkets, owing to urbanization is boosting the fruit & vegetable processing equipment market.
Fruits & Vegetables Processing Equipment Industry Overview
Some of the major key players in thefruit & vegetable processing equipment market, globally includesSyntegon Technology GmbH,GEA Group Aktiengesellschaft,Haith Tickhill Group of Companies,SVZ Industrial Fruit & Vegetable Ingredients, among others.
Fruits & Vegetables Processing Equipment Market Leaders
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GEA Group Aktiengesellschaft
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Krones AG
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Bühler AG
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JBT
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Haith Tickhill Group of Companies
*Disclaimer: Major Players sorted in no particular order
Fruits & Vegetables Processing Equipment Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Pre-processing Equipment
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5.1.2 Processing Equipment
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5.1.3 Packaging and Handling Equipment
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 United Kingdom
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5.2.2.2 Germany
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5.2.2.3 France
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5.2.2.4 Russia
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5.2.2.5 Italy
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5.2.2.6 Spain
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5.2.2.7 Rest of Europe
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5.2.3 Asia Pacific
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5.2.3.1 India
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5.2.3.2 China
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5.2.3.3 Japan
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia-Pacific
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Middle East & Africa
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5.2.5.1 South Africa
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5.2.5.2 Saudi Arabia
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5.2.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Syntegon Technology GmbH
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6.4.2 GEA Group Aktiengesellschaft
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6.4.3 Krones AG
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6.4.4 Buhler AG
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6.4.5 JBT
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6.4.6 Haith Tickhill Group of Companies
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6.4.7 SVZ Industrial Fruit & Vegetable Ingredients
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6.4.8 Allround Vegetable Processing
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6.4.9 Navatta Group
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6.4.10 Turatti Group
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Fruits & Vegetables Processing Equipment Industry Segmentation
Global fruit & vegetable processing equipment market is segmented by type and geography. Based on type, the market is segmented intopre-processing equipment, processing equipment, packaging, and handling equipment.Based ongeography,the study provides an analysis of the fruit & vegetable processing equipment market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
By Type | |
Pre-processing Equipment | |
Processing Equipment | |
Packaging and Handling Equipment |
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Fruits & Vegetables Processing Equipment Market Research FAQs
What is the current Fruit & Vegetable Processing Equipment Market size?
The Fruit & Vegetable Processing Equipment Market is projected to register a CAGR of 5.77% during the forecast period (2024-2029)
Who are the key players in Fruit & Vegetable Processing Equipment Market?
GEA Group Aktiengesellschaft, Krones AG, Bühler AG, JBT and Haith Tickhill Group of Companies are the major companies operating in the Fruit & Vegetable Processing Equipment Market.
Which is the fastest growing region in Fruit & Vegetable Processing Equipment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Fruit & Vegetable Processing Equipment Market?
In 2024, the North America accounts for the largest market share in Fruit & Vegetable Processing Equipment Market.
What years does this Fruit & Vegetable Processing Equipment Market cover?
The report covers the Fruit & Vegetable Processing Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fruit & Vegetable Processing Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fruit & Vegetable Processing Equipment Industry Report
Statistics for the 2024 Fruit & Vegetable Processing Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fruit & Vegetable Processing Equipment analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.