Market Size of Fruit & Vegetable Processing Equipment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.77 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Fruits & Vegetables Processing Equipment Market Analysis
The global fruit & vegetable Processing Equipment Market is projected to grow at a CAGR of 5.77% during the forecast period (2020-2025).
- Thefruits & vegetable processing equipment marketis expected to grow at a significant rate during the forecasted period, globally. The demand for this market is mainly driven by rapidly growing health awareness among consumers, and increased demand for packaged food & ready-to-drink beverages or products, which requires lesser preparations.
- Moreover, increased demand for frozen and fresh-cut fruits & vegetable, and growing consumption of exotic fruits are also expected to increase the demand for fruits & vegetable processing equipment as processing helps in increasing the shelf life of products, which, in turn, leads to increased trade