Fresh Food Market size to increase by 420.04 million tons between 2021 to 2026 - Technavio
NEW YORK, Oct. 26, 2023 /PRNewswire/ -- The fresh food market size is expected to grow by 420.04 million tons from 2021 to 2026, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 3.04% during the forecast period. The growing adoption of healthy food habits is notably driving the fresh food market. However, factors such as harmful practices of over-fertilization may impede market growth. The market is segmented by Product (fruits and vegetables, meat and poultry, eggs, and others) and Geography (APAC, North America, Europe, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Key Segment Analysis
By product, the fruits and vegetables segment is significant during the forecast period. Given factors like rising health concerns and a subsequent preference for food that is healthy and nutritious, the consumption of fruits and vegetables is increasing across the globe. Hence, the growth of the fresh fruits and vegetables segment of the global market can also be attributed to the increasing consumer incomes and demand for fresh produce. To know additional highlights and key points on various market segments and their impact in coming years, View a PDF Sample Report.
Geographical Market Analysis
By geography, APAC will contribute to 59% of the global market growth. The growth of the regional market is attributed to factors such as the increasing prevalence of lifestyle diseases, increasing awareness of healthy eating, rapid growth in urbanization, rise in the organized retail sector, growing demand for organic fresh foods, and the presence of major vendors.
Company Insights
The fresh food market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
BRF SA, Cal Maine Foods Inc., Cargill Inc., D Arrigo New York, Danish Crown AS, Del Monte Food Inc., Dole Food Co. Inc., Driscolls Inc., Greenyard NV, Grimmway Enterprises Inc., JBS SA, NatureSweet Ltd., NH Foods Ltd., Perdue Farms Inc., Reynolds Catering Supplies Ltd., Rose Acre Farms, Sunkist Growers Inc., Sysco Corp., Tyson Foods Inc.
- View a PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
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The industrial food slicers market share is expected to increase to USD 119.04 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.65%.
Fresh Food Market Scope |
|
Report Coverage |
Details |
Base year |
2021 |
Historic period |
2017-2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.04% |
Market growth 2022-2026 |
420.04 mn tons |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
2.2 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 59% |
Key countries |
US, China, India, Russia, and Brazil |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
BRF SA, Cal Maine Foods Inc., Cargill Inc., D Arrigo New York, Danish Crown AS, Del Monte Food Inc., Dole Food Co. Inc., Driscolls Inc., Greenyard NV, Grimmway Enterprises Inc., JBS SA, NatureSweet Ltd., NH Foods Ltd., Perdue Farms Inc., Reynolds Catering Supplies Ltd., Rose Acre Farms, Sunkist Growers Inc., Sysco Corp., and Tyson Foods Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Excustive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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