The global fruit and vegetable market size was valued at US$ 323.2 billion in 2021 and it is projected to surpass around US$ 545 billion by 2030, poise to grow at a compound annual growth rate (CAGR) of 5.98% during the forecast period 2022 to 2030. The global food and vegetable market is a vast and diverse industry that encompasses a wide range of products, including fresh, frozen, and canned fruits and vegetables. The market is driven by several factors, including changing consumer preferences, dietary trends, and increasing health concerns.

Consumers are becoming more health-conscious and are increasingly looking for healthy food options. Fruits and vegetables are perceived as a healthier alternative to processed foods, and this has led to an increase in demand for these products. With a growing global population, the demand for food and vegetables is also increasing. This trend is particularly significant in developing regions, where rising incomes and changing lifestyles are driving demand for more diverse and nutritious food options.

Browse 219 market data Tables and 95 Figures spread through 312 Pages and in-depth TOC on "Fruit and Vegetable Market Size, Share & Trends Estimation Report By Outlook, By Region, And Segment Forecasts, 2022 - 2030" View detailed Table of Content here-https://www.contrivedatuminsights.com/product-report/fruit-and-vegetable-market-248592/

Market Dynamics

The cost of raw materials, such as plastic, paper, and metal, used in food packaging is on the rise, which can increase the cost of food packaging. This can limit the adoption of food packaging solutions, especially among small and medium-sized enterprises.

While government regulations can drive the growth of the food packaging market, they can also limit it by imposing strict regulations that can increase the cost of compliance and limit innovation.

Online retail is an emerging distribution channel for fruits and vegetables, and presents an opportunity for companies to reach a wider audience and offer more convenient and personalized services. Innovative packaging solutions can help extend the shelf life of fruits and vegetables, reduce waste, and improve the convenience of these products. This presents an opportunity for companies to differentiate their products and improve sustainability.

Food safety concerns related to contamination, pesticide residues, and bacterial infections can affect consumer confidence in fruits and vegetables, leading to a decline in demand. The food and vegetable market faces competition from other food categories such as processed foods, snacks, and convenience foods, which can impact demand.

Canned fruits and vegetables segment includes a range of canned fruits and vegetables, which are often used in cooking and as a convenient ingredient. Popular canned fruits and vegetables include tomatoes, beans, and peaches. Dried fruits and vegetables segment includes a range of dried fruits and vegetables, which are often used as a healthy snack or in cooking and baking. Popular dried fruits and vegetables include raisins, dates, and dried tomatoes.

Retail consumers are the largest end user segment of the global fruit and vegetable market. These consumers purchase fresh, frozen, canned, and dried fruits and vegetables from supermarkets, grocery stores, and other retail outlets for consumption at home. The food service industry is another major end user of the global fruit and vegetable market. This includes restaurants, cafes, and other food service providers who use fruits and vegetables as ingredients in meals and beverages.

Regional Analysis

Asia-Pacific is a rapidly growing market for fruits and vegetables, with countries such as China and India being major producers and consumers. The region has a large population and a growing middle class, which is driving demand for healthy and convenient food products. Latin America is a significant producer of fruits and vegetables, with countries such as Brazil, Mexico, and Chile being major producers. The region also has a growing demand for organic and sustainable products, driven by changing consumer preferences.

Competitive Analysis

The key players in the global food and vegetable market include Dole Food Company Inc., Del Monte Foods, Inc., Nestle S.A., Campbell Soup Company, and The Kraft Heinz Company. These players operate in multiple segments of the market and offer a wide range of products to meet the diverse needs of consumers.

Fresh Del Monte Produce is a global producer and marketer of fresh and prepared fruits and vegetables, with operations in over 100 countries. The company has a strong focus on innovation and offers a range of organic and non-GMO products. 

Nestle is a leading producer of processed and packaged fruits and vegetables, with a focus on convenience and ready-to-eat products. The company has a strong presence in Europe and Asia-Pacific, and offers a range of brands including Gerber and Nesquik. McCain Foods is a global producer of frozen fruits and vegetables, with operations in over 160 countries. The company has a strong focus on sustainability and offers a range of organic and non-GMO products. Bonduelle Group is a global producer and marketer of canned and frozen fruits and vegetables, with operations in over 100 countries. The company has a strong focus on sustainability and healthy eating, and offers a range of organic and non-GMO products.

In 2021, BrightFarms, a US-based indoor farming company, announced a $100 million investment to expand its operations and increase production of leafy greens and other fresh produce. In 2021, Corteva Agriscience, a US-based agriculture company, acquired a majority stake in Eucolait, a Brazilian company that specializes in developing fruit and vegetable seeds for tropical climates.

In 2020, Greenyard, a Belgium-based fresh and frozen fruit and vegetable company, announced the acquisition of Mykogen Polska, a Polish mushroom growing and processing company, to expand its product range. In 2020, Del Monte Pacific Limited, a Singapore-based food and beverage company, announced a strategic partnership with Plant Protein Technologies, a US-based plant-based food company, to develop and commercialize plant-based meat alternatives using Del Monte's fruit and vegetable products.

In 2019, Driscoll's, a US-based berry producer, acquired 80% of the shares of the Spanish berry company, S&A Produce, to expand its European presence and increase its production of fresh berries.

Segmentation Analysis of The Global Fruit & Vegetable Market 2022-2030

The report forecasts revenue growth at global, regional, and country matrics and analyzes the latest industry trends in each of the sub-segments ranging from 2016-2030. For this, CDI has segmented the global fruit and vegetable market report based on capacity, vehicle, application, and propulsion type along with regional analysis. 

Product Type Outlook (Revenue, USD Billion, 2022 - 2030)

• Vegetables
• Fruits

End User Outlook (Revenue, USD Billion, 2022 - 2030)

• Inorganic
• Organic

Application Outlook (Revenue, USD Billion, 2022 - 2030)

• Commercial
• Household

Regional Outlook (Revenue, USD Million, 2022 - 2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America