Fruit Processing Market Overview | Global Industry Updates, Key Players Profile, Development, Opportunities, Segment and Future Prospects by Forecast to 2023

Latest Industry Updates:

October 2016 Dole food acquires TucFrut- has acquired TcFrut farms and packing facilities in the Molina and Linares areas of Chile, Consists of five different farms and currently produces apples, blueberries and kiwifruit. This acquisition will expand the fruit portfolio of the company.

July 2016 Dole has invested in its food and vegetables production unit in Madrid, the company employs 100 workers at the site, as well as contracting 15 local producers. Dole's processed food is available for purchase in the Colombian supermarket chains Exito, Carulla, Jumbo, D1 and Olimpica

June 2016 Agrokor and Ardo signed a Joint Venture agreement that will enable Vinka to become a leading manufacturing plant of Fruit Processing and vegetables in Eastern Europe. This joint venture will be the leading manufacturing plant of Fruit Processing and vegetables in Eastern Europe.

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Competitive Analysis:

The major key players are highly focused on R&D activities to launch new products. Also, companies are more inclined to launch new products owing to the rising demand of ready to eat food products. The company is going to cut down in cost of raw materials in-order to improve operating efficiency.  To achieve cost effectiveness in the fruit processing, collaboration with multiple suppliers will support the company’s growth in the fruit processing equipment’s. Also, the key players are focusing in the promotional activities in order to reach the maximum customers which resulted to surge the volume sales of processing fruits.

The key players profiled in Fruit Processing Market report are ConAgra Foods Inc. (U.S.), Del Monte Foods Inc. (Singapore), Nestle S.A. (Switzerland), Dole Food Company Inc. (U.S.), The Kroger Company (U.S.), Gourmet Foods International (U.S.), and Safeway Inc. (U.S.) among many others.

Market Overview:

Fruit processing is done to create ready to eat single serving packages of preservative-free fruit pieces that may be readily consumed without utensils, and which include a cold pasteurization processing step that significantly extends refrigerated shelf life. Fruit processing equipment’s involve various stages such as procurement & transportations, primary processing, secondary processing, wholesale trade and retailing. Cold chain industry is witnessing a decent growth over the last decade in developed economies and it is also growing very fast in the developing nations which in turn escalates the demand of the fruit processing during the forecast period.

Global Fruit Processing Market is anticipated to be driven by the ready to eat food products both in developed and developing nations over the last few years. The changing lifestyles of the consumer along with the per capita disposable income is anticipated to fuel the sales of Fruit Processing Market. Mounting growth of food service industry in developed nations is the significant reason for the increasing growth of Fruit Processing Market. Moreover, governments of developing economies are also supportive to the small and medium enterprises by conveying different loan facility in low rate of interest and also government is helping to establish modern infrastructure.

Segments:

The global Fruit Processing Market has been divided into product type, form, application, and region

On the Basis of Product Type: Fresh, Fresh Cut, Canned, Frozen, Dried, and Others.

On the Basis of Equipment Type: Pre-processing, Processing, Filling & Seasoning, Packaging, and Others

On the Basis of Operation Type: Automatic, and Semi-automatic, and Others

On the Basis of Region: North America, Europe, Asia Pacific, and ROW.

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Regional Analysis:

The global Fruit Processing Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, North America is accounting the highest market proportion in the global Fruit Processing Market in the year of 2018.  However, Asia Pacific region is the highest growing region as compare to the other region. Presence of various developing economies in Asia pacific such as India, China and ASEAN countries is anticipated to create a massive demand in the global Fruit Processing Market during the forecast period. China is contributing more than one third of the overall Asia Pacific Fruit Processing Market in the year of 2018. Technology advancement of fruit processing equipment’s is creating massive scope to the manufacturers to set up the plant in China.