FRUIT AND VEGETABLE INGREDIENTS MARKET ANALYSIS

Regional Analysis

Global Fruit and Vegetable Ingredients Market: Regional Insights

Based on geography, the global fruit and vegetable ingredients market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regionally, North America is expected to dominate the global fruit and vegetable market over the forecast period owing to the rising demand for organic food products and growing popularity of clean label ingredients. The US fruit and vegetable ingredients market was valued at US$ 34.06 billion in 2019, and it is expected to reach a value of US$ 41.11 billion by 2025, while registering a CAGR of 3.20% during the forecast period.

Europe is also expected to fastest growth in the global market over the forecast period owing to the presence of competitive food processing units which makes it lucrative market for food ingredients. Moreover, Spain is a prominent cultivator of fruits and vegetables. The Spanish fruit and vegetable ingredients market was valued at US$ 6.44 billion in 2019, and it is expected to reach a value of US$ 8.90 billion by 2025, while registering a CAGR of 5.54% during the forecast period. Furthermore, in UK government is encouraging healthy eating and lifestyle. Hence, there is an opportunity for new vegetables and fruits.

The UK fruit and vegetable ingredients market was valued at US$ 9.27 billion in 2019, and it is expected to reach a value of US$ 11.44 billion by 2025, while registering a CAGR of 3.58% during the forecast period.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East & Africa: GCC Countries, Israel,  South Africa, North Africa, and Central Africa and Rest of Middle East