India fruit & vegetables processing market is expected to grow at a steady CAGR during the forecast period. The India fruit & vegetables processing market is driven by surging adoption of technological advancements, government initiatives aimed at reducing waste and improving R&D for processed food & packaging. Also, growing e-commerce industry and increasing value addition activities is further expected to bolster the growth of market over the next few years.
The India fruit & vegetables processing market is segmented based on category, processing type, operation type, product type, company and region. Based on category, the market can be categorized into fruits and vegetables. Out of which, the vegetables segment dominated the global processed fruits & vegetables market, in terms of both, value and volume in 2019 which can be attributed to increase in health consciousness among consumers and growing vegetarian population.
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In terms of processing type, the market is fragmented into pre-processing equipment, peeling/inspection/slicing, washing and dewatering, fillers, seasoning systems, packaging and handling & other systems. Packaging equipment is projected to witness the fastest growth over the forecast timeframe owing to advanced packaging solutions and attractive packaging offered by key market players in order to increase their product sales.
The major players operating in the fruit & vegetables processing market are Dabur India Limited, ITC Limited, Freshtrop Fruits Limited, Hindustan Unilever Limited, Tai Industries Limited, Capricorn Food Products India Limited, Cremica Food Industries Limited, Fieldfresh Foods Private Limited, Mother Dairy Fruit & Vegetable Private Limited, Shimla Hills Offerings Private Limited and others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and estimate the market size of India fruit & vegetables processing market from 2015 to 2018.
- To estimate and forecast the market size of India fruit & vegetables processing market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast India fruit & vegetables processing market based on category, processing type, operation type, product type, company and regional distribution.
- To identify dominant region or segment in the India fruit & vegetables processing market.
- To identify drivers and challenges for India fruit & vegetables processing market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India fruit & vegetables processing market.
- To conduct pricing analysis for India fruit & vegetables processing market.
- To identify and analyze the profile of leading players operating in India fruit & vegetables processing market.
- To identify key sustainable strategies adopted by market players in India fruit & vegetables processing market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of India fruit & vegetables processing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
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