Fruit & Vegetables Market Scope
Fruit & Vegetables are then rich supply of minerals, vitamin such as vitamin c, potassium and many others, which are essential for the proper diet and normal functioning of body. They are excellent sources of fibres. There are two basic type of Fruit & Vegetables namely organic, inorganic according to use of farming procedure used. It is further categories into three type according to in which form they sell such as fresh, frozen, process. Increasing Consumer Awareness of the Health Benefits of Exotic Fruits and Vegetables, give drive to the fruit and vegetable market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Dole Food Co. Inc. (Ireland), Keelings (Ireland), Fruitable Fresh sdn bhd (Malaysia), Fresgarrido SL (Spain), H.J. Heinz Company (United States), The Whitewave Foods Company (United States), General Mills (United States), Organic Valley Family of Farms (United States), Guillem Export (Spain), VIP (India), Worldwide Fruit (United Kingdom), Mirak Group (UAE), Flavourfresh Salads (United Kingdom), Voelkel (Germany), WayCool Foods (India) and NINJA CART (India) |
CAGR | % |
Fruit & Vegetables market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative transportation and storage facilities to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Dole Food Co. Inc. (Ireland), Keelings (Ireland), Fruitable Fresh sdn bhd (Malaysia), Fresgarrido SL (Spain), H.J. Heinz Company (United States), The Whitewave Foods Company (United States), General Mills (United States), Organic Valley Family of Farms (United States), Guillem Export (Spain), VIP (India), Worldwide Fruit (United Kingdom), Mirak Group (UAE), Flavourfresh Salads (United Kingdom), Voelkel (Germany), WayCool Foods (India) and NINJA CART (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Fruit & Vegetables market by Type , by Application (Commercial and Household) and Region with country level break-up.
On the basis of geography, the market of Fruit & Vegetables has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In February 2020, Keelings acquired Las Brisas, a beautiful pineapple farm located in Costa Rica. This farm is popular for its product quality and community initiatives. Las Brisas is a spread over 900 hectares of land, 460 employees and a modern pack-house producing over 24 million pineapples each year. This acquisition helped company to expand its presence in fruit and vegetable market
In February 17, 2021, Dole Food Company, Inc. signed agreement with Total Produce plc. Under this agreement both companies enable to fully operate integration, realization of synergies and value creation across the enlarged business. Total Produce plc is Europe’s fresh produce company. This strategic move helped company to expand and strengthened its presence in fruit and vegetable market.
Influencing Trend:
Increasing demand for Fruit & Vegetables due to rising popularity of vegan diet.
Market Growth Drivers:
Rising demand for organic fruits and vegetables, Increasing Consumer Awareness of the Health Benefits of Exotic Fruits and Vegetables and Growing demand for fruits and vegetable for balance diet and batter lifestyle
Challenges:
High cost of organic fruits and vegetables and Highly Susceptible To Spoilage and Transportation Make It Worse
Restraints:
Only seasonal availability of local fruits and vegetables
Opportunities:
Increasing Advancements in Agriculture Techniques to Improve Crops Resistance to Pests and Increasing Genetic Engineering Innovations in Fruits and Vegetable Crops
Key Target Audience
Fruit & Vegetables Manufacturers, Distributors, Government Bodies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End Users and Others