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Global Processed Fruits Market 2019-2023

  • Published: Jun 2019
  • Pages: 121
  • SKU: IRTNTR31451
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The global processed fruits market size will grow by USD 83.29 billion during 2019-2023. The market report provides a detailed analysis of the market by product (fresh-cut fruits, canned fruits, and frozen fruits) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including AGRANA Beteiligungs AG, Conagra Brands Inc., Del Monte Pacific Ltd., Rhodes Food Group Holdings Ltd., and Sysco Corp.

The global processed fruits market is expected to witness a CAGR of 8.21% during the forecast period. Certain factors that are driving the market include increase in demand for processed fruits, strong distribution network and omnichannel presence of processed fruit vendors, and health benefits associated with the intake of minimally processed fruits.

Some of the key findings from our processed fruits market analysis report are summarized below

Processed-Fruits-Market

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The convenient form (ready-to-eat) and health benefits associated with processed fruits are the factors responsible for the increasing demand for processed fruits. The processed fruits can be classified into fresh-cut, canned, and frozen fruits. The popularity of berries, one of the main frozen fruit products is driving the demand for frozen fruits. The improved market access for vendors and consumers, changing consumer preferences for convenient and healthy foods, a more professional retail network between manufacturers and retailers, and the combination of improved logistics, storage, and cold-chain facilities are some of the factors are driving the growth of processed fruit trade globally. Hence, owing to the above factors the demand for processed fruits will increase globally which will, in turn, drive the growth of the global processed fruits market.

Global Processed Fruits Industry Overview

There is a growing popularity of superfruits because of their health benefits. Superfruits such as avocado, pomegranate, blueberry, banana, cherry, dragon fruit, kiwi, papaya, grapes, and tomato are rich in antioxidants and nutrients. In addition to having unique health benefits, these superfruits also help in boosting the immune system and preventing various ailments such as heart diseases and strokes. The high actinidin content in kiwi helps in overcoming digestive issues and providing relief from symptoms of irritable bowel syndrome. Superfruits are minimally processed and sold in a ready-to-eat form. The increasing popularity of superfruits has been identified as one of the critical processed fruits market trends which will have a positive impact on the growth of the market.

Minimally processed fruits undergo only washing, peeling, and cutting processes to increase convenience and preserve their nutrient content. Canned and frozen fruits undergo moderate processing to maintain the microbiological and chemical stability of fruits. Canned fruits are heated to a defined temperature to destroy enzymes and prevent decay and food poisoning. All these processing techniques preserve the nutritional value of fruits. Hence, processed fruits are rich in vitamins and minerals such as vitamin A, vitamin C, the B vitamin folate, magnesium, and potassium which are beneficial for the body. The growing awareness about the health benefits associated with the intake of minimally processed foods will fuel the growth of the processed fruits market at a CAGR of over 8% during the forecast period.

Top Companies Covered in the Processed Fruits Market Research Report

The processed fruits market is fragmented. To help clients improve their market position, the report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, the processed fruits market research report also includes information on the upcoming trends and challenges that will influence market growth. This will enable companies to create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading processed fruits manufacturers, including:

  • AGRANA Beteiligungs AG
  • Conagra Brands Inc.
  • Del Monte Pacific Ltd.
  • Rhodes Food Group Holdings Ltd.
  • Sysco Corp.

Processed Fruits Market Segmentation Based on Product

  • Fresh-cut fruits
  • Canned fruits
  • Frozen fruits

The fresh-cut processed fruits market segment will account for the highest processed fruits market share. Strong distribution network and increasing consumer awareness about the benefits of minimally processed fruits are some of the factors responsible for processed fruits market growth in the segment. The report provides an accurate prediction of the contribution of all segments to the growth of the processed fruits market size.

Processed Fruits Market Segmentation Based on Geographic Region

  • APAC
  • Europe
  • MEA
  • North America
  • South America

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the fruit processing market throughout the forecast period. The increasing demand for processed fruits and strong distribution network between processed fruit manufacturers and retailers are contributing to the growth of the market in the region.

Key Highlights of the Global Processed Fruits Market Forecast Report for the Period 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the processed fruits market during the next five years
  • Precise estimation of the global fruit processing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the processed fruits industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of processed fruits companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Fresh-cut fruits - Market size and forecast 2018-2023
  • Canned fruits - Market size and forecast 2018-2023
  • Frozen fruits - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing online presence of processed fruit vendors
  • Processed fruit manufacturers and distributors venturing into private-label marketplace
  • Increasing popularity of superfruits

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AGRANA Beteiligungs AG
  • Conagra Brands Inc.
  • Del Monte Pacific Ltd.
  • Rhodes Food Group Holdings Ltd.
  • Sysco Corp.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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