The global fruit and vegetable processing equipment market had a size of $5.6 billion in 2021, which is set to reach $10.2 billion by 2030, growing at a CAGR of 6.9% from 2021 to 2030. This can be attributed to the rising world population, increasing disposable income of the people, which consequently pushes the purchase of high-value items; coupled with a paradigm shift in the eating habits of people. All of this additively contributes to the surging demand for food processing, storage, packaging, and preparation components.
The skyrocketing demand for convenience food will drive the fruit and vegetable processing equipment market. As per the World Bank, by the next decade, two-thirds of the people on this earth will live in urban centers. As rapid urbanization takes place with a large influx of people into towns, working professionals and the young generation try to keep up with their busy schedules. This is why they prefer ready-to-eat items, due to their easy preparation, since many of these products only need to be heated up for consumption.
The pre-processing equipment category held approximately 20% share of the market in 2021. This category in the fruit and vegetable processing equipment market is expected to continue this trend in the future. The fruits and vegetables collected from farms contain dirt, pesticides, bacteria, and other foreign elements which may lead to the deterioration of the health of consumers. Common causes of foodborne illnesses are Norovirus, Salmonella, Clostridium perfringens, Campylobacter, and Staphylococcus aureus. Diarrhea, vomiting (often with blood), fever, and stomach aches are the common symptoms of foodborne diseases.
The growing demand for frozen food will drive the fruit and vegetable processing equipment market, owing to a longer shelf life given by freezing, increasing use of processed food by established chains of restaurants, and technological advancements. People went into a food stocking frenzy, thereby driving the demand for frozen food. Moreover, with freezing, fruits and vegetables can be had even when not in season. Since every crop has a particular season, traditionally, food choices were limited, but with freezing, food ingredients of one season can be had in another.
