![Global Processed Fruits and Vegetables Market](https://res.cloudinary.com/devmoveo/image/upload/v1700736827/skyquest/gallery/Global-Processed-Fruits-and-Vegetables-Market.jpg)
Report ID: SQMIG30C2114
Report ID:
SQMIG30C2114 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
77
Global Processed Fruits and Vegetables Market size was valued at USD 80.3 Billion in 2022 and is poised to grow from USD 12.65 Billion in 2023 to USD 42.35 Billion by 2031, growing at a CAGR of 4% in the forecast period (2024-2031).
Anticipated market growth in the upcoming years is poised to benefit from multiple drivers, prominently propelled by the rapid expansion of the processed food industry and amplified spending on food products, particularly in the realm of packaged vegetables. The surge in demand for processed vegetables in emerging economies mirrors the continuous development of novel products coupled with enticing packaging strategies, effectively capturing consumer attention.
The anticipated expansion of the global market is intricately tied to several key demographic and societal shifts forecasted for the coming years. Among these influential factors is the projected growth of the middle-class population on a global scale. This upward trajectory, coupled with rising disposable incomes, serves as a potent catalyst driving market expansion. Concurrently, the ongoing wave of urbanization sweeping across various regions worldwide adds impetus to this growth.
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Report ID: SQMIG30C2114