The global fresh fruits and vegetable market size was worth USD 1.73 USD billion by 2027 from USD 1. 35 billion in 2022 with a CAGR of 6.2% during 2022-2027.
Fresh fruits and vegetables help in having a healthy standard of living. Fruits and vegetables are rich in carbohydrates, proteins, vitamins. Diet rich in fruits and vegetables can decrease the risk of cancer, heart stroke, obesity, and diabetes.
COVID-19 Impact on Fresh Fruits and Vegetables Market
The sudden eruption of novel coronavirus (COVID-19) has negatively affected the fruits and vegetable market. Due to the lockdown period imposed by the nations, there was a shortage of laborers at the manufacturing units. During the pandemic time, transportation of fruits and vegetables has stopped which has resulted in economic downfall. Moreover, the farmers have faced major challenges in the production of organic fruits and vegetables. After the lockdown, the prices of fruits and vegetables have risen.
Factors like the growing adoption of smart-farming technologies in agriculture, and increasing
Precision farming adoption is more common in horticultural crops. Moreover, rising demand for the foodservice sector, and for comfortable foods fuel the fresh fruits and vegetables market growth. The rising trend for the vegan diet has considerably pushed the market growth further.
The cost of fruits is expensive as the fruits are exported or imported. The dealers and sellers increase the cost of the fruits due to transportation charges. Rigid climatic conditions and adverse water and soil resources are some challenges; the agriculture sector is facing in Kuwait.
Market Size Available
2022 – 2027
2022 – 2027
By Type, Product Type, Form, End User, Distribution Channel, and Region
North America, APAC, Europe, LATAM, MEA
CLICK HERE TO DOWNLOAD SAMPLE
The research report on the global fresh fruits and vegetable market is segmented and sub-segmented based on type, distribution channel end-user.
Organic fruits product type is said to hold the largest share in the fresh fruits and vegetable market over the historical period. In countries like China and India, fruits are majorly consumed by the people, and advantages are associated with the consumption of fruits. Fruits are naturally low in fat, vitamins, and carbohydrates. Fruits are majorly used across diverse applications like alcoholic and non-alcoholic sectors, cosmetics, skincare, and pharmaceuticals.
A fresh form of fruits and vegetables is likely to hold a major share in the market. For many years, people are said to consume fresh fruits and vegetables, rising demand for food and beverages companies for producing alcohol, and many more using fruits is expected to propel the market growth throughout the historical period.
Based on end-user, the residential segment is said to lead the fresh fruits and vegetable market growth. The rise in discretionary expenses, and growing knowledge about the advantages associated with the consumption of fresh fruits and vegetables.
By distribution channel, the online sale channel segment is likely to dominate the fresh fruits and vegetable market. The availability of online stores for fruits and vegetables, rising use of internet-enabled smartphones escalate the fresh fruits and vegetables market growth during the forecast period. Different online platforms like BigBasket, I say organic and nature basket that deals with the sale of fresh fruits and vegetables which fuels the market growth.
The supermarkets and hypermarkets segments are expected to grow with the highest share in the fresh fruits and vegetable market.
North America is said to have a lion's share in the global fruits and vegetable market in terms of value. The market is expected to continue its dominance over the upcoming years. Factors like rising disposable income, and high expenses towards health-related products. Initiatives are taken by the government to allow the import of fruits and vegetables from countries like China and India.
As per the U.S Department of Agriculture, the vegetable import ranges from USD 12.7 billion in 2017. In the U.S., online sales channels are gaining more popularity.
As per the Canadian survey, 7 out of 10 children aged 4 to 8, and half of the adults eat fewer than five servings of fruits and vegetables every day.
The European market for fresh fruits and vegetables is expected to have a steady demand. The market growth in this region owes to the growing demand for fruits like avocados, blueberries, sweet potatoes, and mangoes, growing health-conscious and flavors.
In Spain, the fresh fruits and vegetable market has increased the import by 3.5% in volume and 6% in value compared to the last year. Consumers in countries like Germany, UK, Italy, and France wish to pay a high amount for premiums and high-quality processed foods.
Asia-Pacific is the fastest growing region in the fresh fruits and vegetables market with prominent CAGR rate. China is the largest leader globally in the fresh fruits and vegetable market. India is the quickest growing country in agriculture. The country has got a diverse agricultural climate, lifestyle changes, and significance. The increasing middle-class population, rising knowledge about awareness regarding health fuel the fresh fruits and vegetables market growth.
Latin American fresh fruits and vegetable market is expected to witness steady growth during the forecast period. The rise in population and high-income levels boost the market growth in the region. Because of suitable climatic conditions and strong labor supply in Latin America is increasing the expectation for the production of fresh fruits and vegetables.
Brazil and Peru are the key supplying countries. Factors that drive the fresh fruits and vegetable market in the country are raising advancements in technology, superior obtainability of fresh fruits and vegetable products, and robust economic growth. Mexico has generally been the key supplier of fresh fruits and vegetables. Countries like Chile and Central America increasingly playing a crucial role in importing fruits and vegetables.
The Middle East & African fresh fruits and vegetables market is likely to grow with the highest share over the upcoming years. Kuwait's market for fresh fruits and vegetables is to grow with a CAGR of 4.3% during the timeline period. Agriculture plays a crucial role in the economy of the country. The growth in health issues and rising disposable income of the people residing in Kuwait drive the fresh fruits and vegetables market growth.
Fresh Fruits and Vegetables Market Key Players
Bosch (Germany), The Kraft Heinz Company (US), Buhler (Switzerland), GEA Group (Germany), Albertsons (US), Nestlé (Switzerland), Conagra Brands (US), Dole Food (US), Kroger (US), Olam International (Singapore), JBT Corporation (US), Greencore Group (Ireland), and Krones (Germany) are some of the players operating in the fresh fruits and vegetable market.
Recent Market Developments in the global Fresh Fruits and Vegetables Market
Chapter 1. Global Fresh Fruits and Vegetables Market – Scope & Methodology
1.1. Market Segmentation
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. Global Fresh Fruits and Vegetables Market – Executive Summary
2.1. Market Size & Forecast – (2021 – 2026) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2021 - 2026
2.3.2. Impact on Supply – Demand
2.3.3. Impact on Production Cost
2.3.4. Impact on Supply Chain
Chapter 3. Global Fresh Fruits and Vegetables Market – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. Global Fresh Fruits and Vegetables Market Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porters Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. Global Fresh Fruits and Vegetables Market – Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Global Fresh Fruits and Vegetables Market – By Type
6.3. Washing & Dewatering
6.5. Packaging & Handling
6.6. Seasoning Systems
Chapter 7. Global Fresh Fruits and Vegetables Market – By Distribution Channel
7.2. Convenience Store
7.3. Online Sale Channel
Chapter 8. Global Fresh Fruits and Vegetables Market – By End User
Chapter 9. Global Fresh Fruits and Vegetables Market – By Form
Chapter 10. Global Fresh Fruits and Vegetables Market – By Product Type
10.1. Oraganic Fruits
10.2. Organic Vegetables
Chapter 11. Global Fresh Fruits and Vegetables Market, By Geography – Market Size, Forecast, Trends & Insights
11.1. North America
11.2.7. Rest of Europe
11.3. Asia Pacific
11.3.2. South Korea
11.3.5. Australia & New Zealand
11.3.6. Rest of Asia-Pacific
11.4. Rest of the World
11.4.1. Middle East
11.4.3. South America
Chapter 12. Global Fresh Fruits and Vegetables Market – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
12.1. Company 1
12.2. Company 2
12.3. Company 3
12.4. Company 4
12.5. Company 5
12.6. Company 6
12.7. Company 7
12.8. Company 8
12.9. Company 9
12.10. Company 10
Every order comes with Analyst Support
We offer customization to cater your needs to fullest
We value Integrity, quality and authenticity the most