GLOBAL FRUITS AND VEGETABLES PROCESSING INDUSTRY

The market for fruit and vegetable processing is expected to increase at a CAGR of 7.1 percent over the next five years. Processed fruit and vegetable consumption is expected to rise as a result of reasons such as rising disposable incomes, a growing middle-class population, the introduction of technologically improved products, and benefits such as processed fruits and vegetables’ long shelf life. Fruits and vegetables are one of the most widely consumed commodities on the planet, and they are also an important component of human diets. There are many various types of fruit and vegetables, and the costs of the products are constantly changing.

Fruit and vegetable output must be appropriately handled, processed, and utilised. Because the costs of preventing losses are always lower than the cost of production, processing has gotten more attention in recent years. The processing of fruits and vegetables was formerly very unstructured, but as demand for processed foods has grown, the business has begun to attract investors. India supports the acquisition of primary resources for the fruits and vegetable processing industry; India is the world’s second-largest producer of fruits and vegetables. The worldwide fruit and vegetable processing market consists of two segments: equipment for processing fruits and vegetables and processed fruits and vegetables. Canning, dehydration, freezing, pickling, and other processes used in fruit and vegetable processing help to extend the shelf life of seasonal fruits and vegetables.

VALUE ADDED PRODUCTS OF FRUITS AND VEGETABLES

• Mango and other fruit pulps
• Pickles, chutney, sauces etc.
• Tomato products like paste, puree and ketchup
• Fruit jam, marmalade, crush, squashes, juices etc.
• Canned fruits and vegetables etc.
• Frozen products like frozen peas, cauliflower etc.

ENTREPRENEURIAL OPPORTUNITIES

The demand for fruit and vegetable processing is being driven by rising health consciousness among customers and an increasing vegetarian population. Fruit and vegetable preparation is critical before direct intake of dietary ingredients. The major goal of the processing is to keep the colour, flavour, texture, and nutrients of perishable fruits and vegetables while extending their shelf life. Advanced fruit and vegetable processing technologies offer a number of benefits, and quality refers to four factors: colour, texture, flavour, and nutrient content. The majority of these processes rely on heat, as well as heat-sensitive fruit and vegetable quality factors.

The expansion of the fruit-vegetable processing market is fueled by a growing awareness of the advantages of fruits and vegetables, rising demand for convenience meals, expanding the food service industry, and expanding the presence of modern retail shops. Because this industry is booming, now is the best moment to start a firm here to gain a foothold before the competition grows even tougher. You will notice that, with modern advancements in all fields of business, including the fruits and vegetables market, purchasing and selling fruits and vegetables is no longer the only business you may start in the industry. There are a plethora of enterprises that are linked to this area and will assure you a quick profit.

FRUIT AND VEGETABLE PROCESSING INDUSTRY IN INDIA

India is the world’s second-largest fruit and vegetable grower. Processes such as canning, dehydration, pickling, interim preservation, and bottling have been created to reduce waste and increase value to fresh fruits and vegetables. Due to a plentiful supply of raw materials and favourable government programmes such as the Pradhan Mantri Kisan Sampada Yojana, the Indian fruit and vegetable processing industry enjoys a favourable growth environment (PMKSY). Increased consumer affluence and fast urbanisation resulted in lifestyle changes, with a significant increase in the appetite for processed fruits and vegetables. The use of innovative technology to boost productivity is becoming more common in the sector. Artificial intelligence (AI) is being used to inspect fresh fruits and vegetables for flaws and precisely predict when they will rot. Nanotechnology is assisting in the preservation of perishables. Furthermore, to reduce human mistake, grading robots are employed to assess the quality of the produce. In India’s fruit and vegetable business, technologies such as cold plasma, high-pressure processing, irradiation, and radio frequency identification (RFID) are widely used.

TOP PLAYERS WORLDWIDE

• Capricorn Food Products India Limited
• Conagra Brands
• Cremica Food Industries Limited
• Dabur India Limited
• Dole Food
• Fieldfresh Foods Private Limited
• Freshtrop Fruits Limited
• GEA Group
• Greencore Group
• Hindustan Unilever Limited
• ITC Limited
• JBT Corporation
• Kroger
• Krones
• Mother Dairy Fruit Vegetable Private Limited
• Nestle
• Olam International
• Shimla Hills Offerings Private Limited
• Tai Industries Limited
• The Kraft Heinz Company