In 5 years, the global market of processed fruits and vegetables will reach $467 billion

According to a report by the American company Global Market Insights Inc., which specializes in market research, the fruit and vegetable processing market is expected to exceed $467 billion by 2027. The growth will be 63% compared to $287 billion in 2020.

Sales of processed fruits and vegetables will increase in all regions of the world. Wholesome, ready-to-eat foods such as packaged salads or frozen fruits and vegetables will continue to be in high demand among North American consumers.

It adds that the strongest growth will be seen in the Asia-Pacific region, where increasing purchasing power, rapid urbanization and changing eating habits are taking place. All these factors will contribute to the growth of demand for processed fruit and vegetable products. Their sales will increase accordingly.