Fruit Processing Equipment Market To Witness Robust Expansion Throughout The Forecast Period 2020-2027
Fruit Processing Equipment Market: Introduction
- Fruit processing equipment are used to process fruits using different techniques such as washing, dewatering, filling, seasoning, and packaging.
- These equipment remove toxins and increase the shelf life of fruits to make processed fruits.
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Fruit Processing Equipment Market Dynamics
- The increasing demand for processed exotic fruit products is a key trend affecting the growth of the fruit processing equipment market.
- Emerging countries with an agricultural base are contributing to the growth of the global fruit processing equipment market due to their favorable climate condition.
- For instance, Ethiopia’s climate supports horticulture products such as citrus fruits, bananas, pineapples, avocados, passion fruits, mangoes, mandarins, guavas, papayas, and grapes. Ethiopia exports fruits to Europe and countries of the Middle East.
- Governments also provides incentives for investing in the fruit processing sector.
- Thus, Europe and the Middle East have ample growth opportunities for the expansion of the fruit processing equipment market.
- Vendors are engaged in research & development to improve the quality of processed fruit products by implementing several technologies. For instance, High Pressure Processing (HPP) technique is used to pasteurize fresh fruits by preserving the nutrients in the fruits.
- However, growing concern regarding hygiene and safety is expected to be a major factor limiting the growth of the fruit processing equipment market in the upcoming years.
- Moreover, high initial capital investment required for installation of fruit processing equipment is expected to hamper its adoption rate among small and medium scale fruit processing vendors and thus inversely impact the growth of the fruit processing equipment market in the near future.
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Fruit Processing Equipment Market: Segmentation Analysis
- Based on application, the global fruit processing equipment market can be divided into fruit juice, fruit powder, and fruit squash; canned fruits; frozen & dried fruits; jams & jellies; and other related applications.
- The fruit juice, fruit powder, and fruit squash segment is a prominent application area of fruit processing equipment. This application segment accounted for major market share in 2018. The segment is projected to maintain its dominance in the global fruit processing equipment market throughout the forecast period.
- The fruit juice, fruit powder, and fruit squash segment is likely to gain popularity among consumers. Thus, this application segment is projected to grow significantly over the forecast period due to its increasing consumption across the world.
North America to Lead the Global Market for Fruit Processing Equipment
- In terms of region, the global fruit processing equipment market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
- North America accounted for major share of the fruit processing equipment market in 2018, followed by Europe and Asia Pacific.
- The fruit processing equipment market in North America is majorly impacted by the growing population, expansion of the fruit processing industry, and varieties of marketing strategies implemented by market players to meet the changing needs of consumers.
- Growing demand for canned fruits among people due to its concentrated flavor, increased shelf life, and ease of use is expected to drive the demand for fruit processing equipment in North America.
- The fruit processing equipment market in Asia Pacific is anticipated to expand at a rapid pace in the near future. Asian countries such as China, India, Japan, Australia, and New Zealand are experiencing strong growth in the food industry. The consumption of processed fruit products such as frozen fruits, canned fruits, and dried fruits is steadily increasing due to rapidly growing population, urbanization, and rising income. This is expected to be a major factor that drives the demand for processed fruits, and thereby boost the fruit processing equipment market in the region.
Key Manufacturers Operating in the Market
The global fruit processing equipment market was moderately fragmented in 2018, with presence of multiple established players who have occupied prominent share in the market. They are engaged in research and development activities to launch innovative fruit processing equipment with advanced optical technologies. Key manufacturers operating in the global market are:
- Alfa Laval AB
- Bertuzzi Food Processing S.r.l.
- Bühler Holding AG
- FENCO Food Machinery s.r.l.
- JBT Corporation
- Turatti Group
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Global Fruit Processing Equipment Market: Research Scope
Fruit Processing Equipment Market, by Application
- Fruit Juice, Fruit Powder, & Fruit Squash
- Canned Fruits
- Frozen & Dried Fruits
- Jams & Jellies
- Others
Global Fruit Processing Equipment Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
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