Processed Fruits & Vegetables Market Size

Processed Fruits & Vegetables Market Size

Processed Fruits & Vegetables Market size was recorded at over USD 320 billion in 2022. Driven by rising demand for fruits and vegetables, the industry is expected to grow at over 5.5% CAGR from 2023 to 2032.

Change in preferences of consumers for a healthy lifestyle is set define the dynamics of the processed fruits & vegetables industry. As a result of growing dietary consciousness among people, the popularity of organic food products has risen dramatically, further fueling the demand for processed fruits and vegetables. Moreover, mounting concerns over clean label packaging, especially in the developed countries of Europe and North America such as the U.S., UK, Italy, and Germany, are poised to augment product uptake.
 

Furthermore, the significant role of the government and ongoing technological developments in processing fruits and vegetables to increase the benefits of organic food is poised to drive market trends over the forecast period. For instance, in June 2022, USDA’s National Institute of Food and Agriculture (NIFA) altered various initiatives including the Gus Schumacher Nutrition Incentive Program (GusNIP) which aims on accelerating access to healthy food.